The company's turnover decreased by 25%, falling to £1.8 million from £2.4 million in 2023.
The firm's administrative expenses rose, resulting in an operating loss of £56,507.
TF Global Markets (UK) Limited, the UK arm of ThinkMarkets,
has reported its financial results for the year ending 31 December 2024. The
company recorded a net loss for the year, attributed to a decrease in turnover
and a rise in administrative expenses.
Company Sees £9,722 Loss for 2024
The company’s turnover fell to £1.8 million, down from £2.4
million the previous year. Administrative expenses increased slightly,
resulting in an operating loss of £56,507, a reversal from the prior year's
operating profit.
Source: Company Information Service, UK
Interest receivable was maintained, but the company incurred
interest expenses, leading to a pre-tax loss. After accounting for a tax
credit, the company posted a final loss of £9,722, compared to a profit in
2023. No other comprehensive income was reported, and the total comprehensive
income for 2024 was also a loss of £9,722.
The financial results reflect a Transfer Pricing arrangement
between ThinkMarkets UK and its parent company. The revenue and profits
reported by the UK entity are derived from a service fee rather than actual
trading performance. As a result, the figures do not directly reflect any
trading losses.
ThinkMarkets Launches Mobile Integration and Prop Trading
Services
TradingView
has expanded its integration with ThinkMarkets, now offering the broker’s
services on its mobile platform. This update improves accessibility for traders
who prefer mobile devices, as ThinkMarkets was previously only accessible via
desktop on TradingView.
With the new integration, ThinkMarkets clients can trade on
the go using TradingView’s mobile app, accessing CFDs on instruments such as
currency pairs, stocks, and commodities. The update provides added flexibility,
allowing users to operate directly from mobile devices.
Additionally, ThinkMarkets
has launched prop trading services under ThinkCapital, offering simulated
trading and educational tools for traders. This move follows similar offerings
from brokers like Axi and OANDA, further expanding the range of services
available to traders.
TF Global Markets (UK) Limited, the UK arm of ThinkMarkets,
has reported its financial results for the year ending 31 December 2024. The
company recorded a net loss for the year, attributed to a decrease in turnover
and a rise in administrative expenses.
Company Sees £9,722 Loss for 2024
The company’s turnover fell to £1.8 million, down from £2.4
million the previous year. Administrative expenses increased slightly,
resulting in an operating loss of £56,507, a reversal from the prior year's
operating profit.
Source: Company Information Service, UK
Interest receivable was maintained, but the company incurred
interest expenses, leading to a pre-tax loss. After accounting for a tax
credit, the company posted a final loss of £9,722, compared to a profit in
2023. No other comprehensive income was reported, and the total comprehensive
income for 2024 was also a loss of £9,722.
The financial results reflect a Transfer Pricing arrangement
between ThinkMarkets UK and its parent company. The revenue and profits
reported by the UK entity are derived from a service fee rather than actual
trading performance. As a result, the figures do not directly reflect any
trading losses.
ThinkMarkets Launches Mobile Integration and Prop Trading
Services
TradingView
has expanded its integration with ThinkMarkets, now offering the broker’s
services on its mobile platform. This update improves accessibility for traders
who prefer mobile devices, as ThinkMarkets was previously only accessible via
desktop on TradingView.
With the new integration, ThinkMarkets clients can trade on
the go using TradingView’s mobile app, accessing CFDs on instruments such as
currency pairs, stocks, and commodities. The update provides added flexibility,
allowing users to operate directly from mobile devices.
Additionally, ThinkMarkets
has launched prop trading services under ThinkCapital, offering simulated
trading and educational tools for traders. This move follows similar offerings
from brokers like Axi and OANDA, further expanding the range of services
available to traders.
Prop Firms and Brokers Form a Perfect Synergy: One Offers Access, the Other Capital
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
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
