B2Prime reported record 2025 results, with client trading income surging 165% year-on-year to €52.8 million, while net profit reached €15 million. The multi-asset prime-of-prime liquidity provider also became debt-free after fully repaying long-term borrowings.
Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!).
Surge in Client Activity and Profitability
The surge in revenue was driven by a fivefold increase in total client trading volumes compared to 2024, with gold (XAU) trading accounting for a large share of the growth. Improved trading strategies and broader institutional demand contributed to B2Prime’s higher profitability.
- B2PRIME Secures SCB Licences, Advancing Multi-Asset Trading
- B2Prime Strengthens Institutional Growth with Key Hires from iSAM Securities
- B2PRIME Obtains DFSA License to Operate from Dubai's DIFC
"2025 has become a year of scaling for us while strengthening fundamental sustainability indicators," said Eugenia Mykuliak, Founder & Executive Director at B2PRIME Group. "Beyond simply increasing our volumes, we have strengthened our capital, improved our liquidity , and completely eliminated our debt burden."
"To me, this is the needed balance of growth and financial discipline that forms a solid foundation for further expansion. And by the end of 2026, owe aim to deliver results that are no less ambitious."
Indeed in February, Finance Magnates highlighted how gold’s explosive rally has fundamentally changed brokers’ risk profiles. It shifted the main concern from day-to-day P&L swings to outright balance-sheet protection as firms rush to A-book a much larger share of XAU flow and tighten exposure limits to avoid cash shortfalls.
easyMarkets also said early this year that its trading activity for Q4 last year jumped sharply as volatility returned, with gold becoming the top instrument. Its trading volumes rose nearly 240% compared with the previous quarter, while overall volumes almost doubled as clients focused on short-term trades in gold and silver during a period of geopolitical tension and market uncertainty.
Stronger Balance Sheet and Capital Ratios
B2Prime’s equity and retained earnings rose 81% to €15.4 million, supported entirely by operating profits. Its equity-to-total-assets ratio nearly doubled to 45%, while the current liquidity ratio improved to 1.66x from 1.29x. The firm said these metrics show it has shifted to a more conservative financial model, balancing growth with long-term stability.
As 2026 begins with volatile conditions, the firm expects its debt-free and liquid position to underpin further expansion. Mykuliak added that B2Prime plans to continue developing its liquidity technology and institutional offering through the year.
The firm has also expanded its offering with the introduction of crypto spot and crypto perpetual futures through its Bahamas-based entity, which is reportedly regulated by the Securities Commission of The Bahamas.