eToro UK Reports Strong Uptick in Customer Activity in 2017

[kreslik.news]

Social trading provider eToro has published its annual report and financial statements for the year ended December 31, 2017 today. The report is for the firm’s UK-based subsidiary, eToro (UK) Limited.

Overall, the company achieved solid results in its key areas in the 12 months ended December 31, 2017. The firm mainly attributes this to a significant increase in customer activity. This was both in its contracts-for-difference (CFD) business and in cryptocurrencies.

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For eToro UK, its revenues are primarily generated from commissions earned on CFDs, revenues received from its parent company ... (read more)