According to company house filings in the UK for Tradeslide Trading Tech Ltd, the entity behind the brand Darwinex, which offers a hybrid combination of social related copy trading solutions, it has just filed its annual report for the year ending June 30th 2015, signed by its Director and CEO Juan Colon.
The company had a profit of nearly 20,000 GBP on almost 147,000 GBP of gross revenue, a recovery from the nearly 80,000 loss reported for its 2014 period. Also noted, was that client monthly trading volumes had reached nearly 2 billion GBP by the end of June 2015. The company’s net assets at the end of the period had surpassed 200,000 GBP, higher from roughly 133,000 in the prior year period.
Finance Magnates obtained comments from the company’s CEO Juan Colon: “Last year saw the consolidation of our brokerage offering, with volumes growing 10-15% a month to currently 4 yards. More importantly, our investor proposition is now fully operational, and we’ll shortly launch a product bound to make some headlines.”
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He added: “And I’m proud to say all our growth is powered by word-of-mouth, with hardly no investment into marketing or traditional IB relationships”
The company’s parent is Tradeslide Ventures limited, also a UK-entity with a controlling interest in the business. Darwinex added new instruments to its trading hub for asset managers at the end of last year, as covered by Finance Magnates around the time of that launch.