The FX/CFD broker reported significant growth in 2023, with revenue up 18% to £892K and net profit increasing to £218K.
The company has recently expanded operations to Italy and added prop trading services.
TRADE.com UK acquired by NAGA for £1.24 million
In 2023,
TRADE.com in the UK achieved higher revenue and profit and increased the value of
its assets compared to the previous year. Trade Capital UK Ltd (TCUK), the
operator of the FX/CFD broker, earned almost 60% more than in 2022.
TRADE.com UK Increases
Revenue and Net Profit
According
to the 2023 report published in the UK Companies House, the FCA-licensed
company TCUK achieved revenue of £892,377 in 2023, compared to £759,240 in 2022,
representing an 18% increase.
While
maintaining nearly unchanged direct expenses and reducing administration
expenses, this helped more than double the operating profit, which jumped from
£154,569 to £306,411. This also translated into a nearly 60% higher net profit,
growing from £140,694 to £218,325 in 2023.
The company
also reported information about its total assets, which increased to almost
£700,000 compared to the previous year.
It's worth
noting that these results only pertain to the UK part of the TRADE.com brand.
In other parts of the world, it is managed by separate entities, including
Trade Capital Markets Ltd (TCM), licensed in Cyprus and South Africa.
Prop Trading and Italian
License
This year,
the company also expanded its scope of operations by acquiring a local license
in the Italian market. The Italian operation is conducted under the locally
established entity Trade Capital Italia SIM, which obtained authorization as an
investment services firm from Consob. The platform offers services to both
retail and professional clients.
Roei Gavish, Group CEO of TRADE.com, Source: LinkedIn
“We
see Italy as a very strategic market,” Roei Gavish, the Group CEO of
TRADE.com, told Finance Magnates. “We believe a local setup with a strong
banking relationship will create a big opportunity.”
In June,
the company announced that it was adding prop trading to its offering under the
TRADE.com challenges brand. According to the Trade.com Challenge website, the
broker offers the newly launched service under Tplus Technologies Limited, a
corporation registered in Cyprus. This entity is different from TCM, the Cyprus-licensed entity that operates the TRADE.com brand
in the European Union.
“Our
strategy is offering our own secure, reputable and fair environment—like we
always offer,” Gavish commented. “The fact that we're coming from a heavily
regulated space will ensure clients are treated well.”
At the end of last year, Finance Magnates reported that TRADE.com underwent a management buyout as part of a restructuring plan. The ongoing restructuring
includes launching new product lines and accelerating Trade.com's
development in new regions, with a particular focus on Italy, thanks to the
recently acquired CONSOB license, as well as on Latin America (LATAM) and
emerging markets.
In 2023,
TRADE.com in the UK achieved higher revenue and profit and increased the value of
its assets compared to the previous year. Trade Capital UK Ltd (TCUK), the
operator of the FX/CFD broker, earned almost 60% more than in 2022.
TRADE.com UK Increases
Revenue and Net Profit
According
to the 2023 report published in the UK Companies House, the FCA-licensed
company TCUK achieved revenue of £892,377 in 2023, compared to £759,240 in 2022,
representing an 18% increase.
While
maintaining nearly unchanged direct expenses and reducing administration
expenses, this helped more than double the operating profit, which jumped from
£154,569 to £306,411. This also translated into a nearly 60% higher net profit,
growing from £140,694 to £218,325 in 2023.
The company
also reported information about its total assets, which increased to almost
£700,000 compared to the previous year.
It's worth
noting that these results only pertain to the UK part of the TRADE.com brand.
In other parts of the world, it is managed by separate entities, including
Trade Capital Markets Ltd (TCM), licensed in Cyprus and South Africa.
Prop Trading and Italian
License
This year,
the company also expanded its scope of operations by acquiring a local license
in the Italian market. The Italian operation is conducted under the locally
established entity Trade Capital Italia SIM, which obtained authorization as an
investment services firm from Consob. The platform offers services to both
retail and professional clients.
Roei Gavish, Group CEO of TRADE.com, Source: LinkedIn
“We
see Italy as a very strategic market,” Roei Gavish, the Group CEO of
TRADE.com, told Finance Magnates. “We believe a local setup with a strong
banking relationship will create a big opportunity.”
In June,
the company announced that it was adding prop trading to its offering under the
TRADE.com challenges brand. According to the Trade.com Challenge website, the
broker offers the newly launched service under Tplus Technologies Limited, a
corporation registered in Cyprus. This entity is different from TCM, the Cyprus-licensed entity that operates the TRADE.com brand
in the European Union.
“Our
strategy is offering our own secure, reputable and fair environment—like we
always offer,” Gavish commented. “The fact that we're coming from a heavily
regulated space will ensure clients are treated well.”
At the end of last year, Finance Magnates reported that TRADE.com underwent a management buyout as part of a restructuring plan. The ongoing restructuring
includes launching new product lines and accelerating Trade.com's
development in new regions, with a particular focus on Italy, thanks to the
recently acquired CONSOB license, as well as on Latin America (LATAM) and
emerging markets.
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.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
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
