ActivTrades Sees H1 Revenue and Profit Exceed Expectations, Surpass the Results of Whole 2021

The year in which ActivTrades celebrated its 20th anniversary was a challenging one for the global forex and CFD industry following the extreme volatility seen in the markets in 2020 due to the COVID-19 pandemic and the company reported group revenues of £30m and profit before tax of £4m. Although this was a drop from the stellar (and exceptional) 2020 results, this is a strong performance given the difficulties seen in the markets during the year.

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Market recovery continues at pace and the company is delighted to announce that 2022 has seen turnover and profit for the first half of the year exceed expectations with H1 results even better than at this stage in 2020, with estimated revenues of £32m (already higher than whole of 2021) and profit before tax of £19m.

The company has also seen an influx of new clients as well as a noticeable increase in trading volumes from existing clients and despite socio-economic turbulence, the year is shaping up to be very positive for the broker. Recently ActivTrades' in-house trading platform ActivTrader has been enhanced with the highly requested Trading View integration, offering desktop, Android, and iOS users a number of advantageous chart functionalities and indicators, and to accommodate the growing increase in global retail FX trading, ActivTrades will continue to seek to establish offices around the world.

"We are delighted that the business continues to grow and develop, demonstrated by these excellent half year results which we attribute to our growing client base, increased trading volumes and continued development of our platforms,"said Alex Pusco, ActivTrades CEO."Our continuous investment in new technologies and top talent, providing our customers with the best possible trading conditions, is what makes ActivTrades the number one choice for many traders around the world."