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Livemarkets Generates Revenue of £112K for the First Operational Year

Source: David

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Fazzaco learned that Livemarkets, a FCA-regulated provider of CFDs and spread betting, has posted its financials for the first full year of its operation, ending on December 31, 2020.

According to the Companies House filing, the company ended the first year of its operations with total revenue of £112,213 and registered a net loss of £255,545.

"2020 was the first year of the Company's operations following the authorization granted by FCA for Variation of its Permission (VoP) to hold clients' funds and act as a matched principal broker under an IFPRU the 125K license," the company stated.

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Livemarkets Limited offers its services under the well-established Trade.com brand. The Firm is a subsidiary of Trade Capital Holding (TCH) Limited, a well-established group with global reach, catering for the needs of professional and retail clients worldwide, by providing strong liquidity and secure access to trading platforms and investment products based on cutting edge technology and innovation. Livemarkets Limited is authorised and regulated by the Financial Conduct Authority to act as an investment firm, FRN: 738538.

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