ATC
Brokers' UK-focused operations have experienced a robust 12 months ending April
30. In fiscal year 2024 (FY24), the company generated significantly higher
turnover and gross profit compared to the previous year, allowing it to regain
profitability.
ATC Brokers UK Earns £800K
in FY24
According
to the latest report published in Companies House by ATC Brokers
Limited, the UK operator of the FX/CFD brand ATC Brokers, turnover in FY24
reached £5.6 million, nearly tripling from £2.1 million reported the previous
year.
Despite a
fivefold increase in sales costs to £2.6 million, the company still managed to
achieve a gross profit of over £3 million, representing a 100% jump compared to
fiscal year 2023 (FY23). Ultimately, operating profit stood at just under £1
million, with net profit at £799,000, compared to a loss of £47,600 reported
the previous year.
The
company's net assets also increased significantly, valued at £2.4 million at
the end of the fiscal year, up from £1.6 million in FY23.
ATC Brokers
is not the only UK broker that has recently published financial results for its
FCA-licensed company. Finance Magnates also reported on the annual
results of Trade Capital UK Ltd, operator of TRADE.com, whose net profit in
2023 jumped by almost 60% to nearly £220,000.
Source: Companies House UK
ATC is
licensed in the UK and has held another authorization in the Cayman Islands for
almost six years. The company is significant in providing FX/CFD services
outside the UK, especially since Brexit.
Earlier
this year, the firm became involved in a legal case concerning a suspected $78
million Ponzi scheme called Oasis. Burton Wiand, acting as the receiver for
Oasis International Group, sued the forex and CFD broker ATC Brokers Ltd and
the company's co-founder, David Manoukian. Wiand alleged their involvement in
fraudulent transfers. The district court initially dismissed Wiand's claims,
citing a lack of standing.
Mixed Results for Other UK
Brokers
While ATC
Brokers and the aforementioned TRADE.com can consider 2023 successful, not all
firms were equally fortunate. Last week, Finance Magnates reported that Trade
Nation, a spread betting and CFD provider, saw lower
turnover in its UK operations, resulting in a financial loss of £2.2 million.
The
company's main headquarters in London, operating as Trade Nation Financial UK
Limited under FCA license, recently published its 2023 results. These showed a
decline from 2022, with a 5% decrease in turnover and over 300% drop in
operating profit.
According to a separate report, the FCA-regulated ParFX also experienced a 14% revenue drop in 2023 due to
decreased client numbers, with net profit shrinking by 84% to $934,000.
However, the wholesale electronic trading platform for spot Forex products, a
subsidiary of the Tradition UK Group, plans to expand its global distribution
network and broaden its “FX electronic trading community.”
ATC
Brokers' UK-focused operations have experienced a robust 12 months ending April
30. In fiscal year 2024 (FY24), the company generated significantly higher
turnover and gross profit compared to the previous year, allowing it to regain
profitability.
ATC Brokers UK Earns £800K
in FY24
According
to the latest report published in Companies House by ATC Brokers
Limited, the UK operator of the FX/CFD brand ATC Brokers, turnover in FY24
reached £5.6 million, nearly tripling from £2.1 million reported the previous
year.
Despite a
fivefold increase in sales costs to £2.6 million, the company still managed to
achieve a gross profit of over £3 million, representing a 100% jump compared to
fiscal year 2023 (FY23). Ultimately, operating profit stood at just under £1
million, with net profit at £799,000, compared to a loss of £47,600 reported
the previous year.
The
company's net assets also increased significantly, valued at £2.4 million at
the end of the fiscal year, up from £1.6 million in FY23.
ATC Brokers
is not the only UK broker that has recently published financial results for its
FCA-licensed company. Finance Magnates also reported on the annual
results of Trade Capital UK Ltd, operator of TRADE.com, whose net profit in
2023 jumped by almost 60% to nearly £220,000.
Source: Companies House UK
ATC is
licensed in the UK and has held another authorization in the Cayman Islands for
almost six years. The company is significant in providing FX/CFD services
outside the UK, especially since Brexit.
Earlier
this year, the firm became involved in a legal case concerning a suspected $78
million Ponzi scheme called Oasis. Burton Wiand, acting as the receiver for
Oasis International Group, sued the forex and CFD broker ATC Brokers Ltd and
the company's co-founder, David Manoukian. Wiand alleged their involvement in
fraudulent transfers. The district court initially dismissed Wiand's claims,
citing a lack of standing.
Mixed Results for Other UK
Brokers
While ATC
Brokers and the aforementioned TRADE.com can consider 2023 successful, not all
firms were equally fortunate. Last week, Finance Magnates reported that Trade
Nation, a spread betting and CFD provider, saw lower
turnover in its UK operations, resulting in a financial loss of £2.2 million.
The
company's main headquarters in London, operating as Trade Nation Financial UK
Limited under FCA license, recently published its 2023 results. These showed a
decline from 2022, with a 5% decrease in turnover and over 300% drop in
operating profit.
According to a separate report, the FCA-regulated ParFX also experienced a 14% revenue drop in 2023 due to
decreased client numbers, with net profit shrinking by 84% to $934,000.
However, the wholesale electronic trading platform for spot Forex products, a
subsidiary of the Tradition UK Group, plans to expand its global distribution
network and broaden its “FX electronic trading community.”
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Rules Stay the Same: So Why Is AI So Hard to Watch?
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
