Fortrade Reports 23% Revenue Increase but 21% Profit Decline in 2025

Fortrade Limited, a London-based retail FX and CFDs broker, has released its financial results for 2025, showing a 23% rise in revenues to £26.1 million, up from £21.2 million in 2024. However, net profit fell 21% to £1.08 million, compared to £1.37 million the previous year. The revenue figure remains below the company's all-time high of £32.3 million in 2022.

The directors considered the results and the financial position at year-end satisfactory, given difficult trading conditions and increasing competition in its core market. The Group continues to seek opportunities overseas, although the directors expect future profitability to come primarily from its existing core market.

Fortrade was established in 2013 and received its FCA license the following year. In addition to its UK operations, the Fortrade group operates licensed subsidiaries in Australia and Canada, and an offshore operation in Mauritius. Earlier this year, Fortrade added a Dubai DFSA license. The company has a back office operation in Israel, Fort Securities Israel Ltd. It also set up a subsidiary in Cyprus in 2019, Fortress Cyprus Ltd, and received a CySEC license in mid-2020 as part of its plan to prepare for Brexit and serve EU clients after EU-UK license passporting ended in 2021.

Fortrade is controlled by Liechtenstein-based investment firm Audina Treuhand AG.