Exclusive: ActivTrades expects record revenues in H1 2020: A talk with CEO Alex Pusco

Source: LeapRate 2020-06-28

LR: Have you done anything differently to last year to explain such a dramatic rise in both top and bottom lines?

Yes, these excellent figures bear testimony to the success of our ActivTrader platform, which is both easy to use as well as providing fast execution of orders. We’ve been continuously adding products to the platform, most notably two innovative CFDs tied to the spot price of the world’s two largest oil benchmarks, WTI and Brent.

LR: How did these new products perform given the plummet in oil prices seen earlier in the year, with WTI even seeing negative prices?

LR: What have been your most popular products so far this year?

Currency trading is very popular among our investors, not just the euro/dollar, but also pairs including the Aussie and New Zealand dollars, where there’s been a huge amount of volatility. We have also seen strong volumes on oil, both Brent and WTI, and with the dramatic movements of the last few months we have seen increasing interest for shares trading.

Although market conditions clearly have played a part in the growing popularity of shares, it also reflects the lower commissions we implemented a few months ago. We cut our commission on the majority of European markets to just 0.01%, meaning it costs only €5 to trade €50,000 worth of shares.

ActivTrades

Alex Pusco

Exclusive: ActivTrades expects record revenues in H1 2020: A talk with CEO Alex Pusco

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