Trading 212 Sees Huge Increase in Number of New Users

[kreslik.news]

Trading 212, a UK-based subsidiary of the Bulgarian firm Avus Capital, has released its annual results for the year 2017. The FCA regulated investment broker generated significant increases in revenue and user numbers from the previous year.

While 2016 saw Trading 212 finish the year with £1,093,040 in revenue, in 2017 the firm almost quadrupled this figure to £4,178,043. Higher revenues did mean a drastic increase in operational costs but the company still finished the year with £1,279,727 of pre-tax profit.

With income tax of £235,533, Trading 212 finished 2017 with £1,044,194 in net profit. This was a substantial increase on ... (read more)