Trade Nation, a provider of spread betting and contracts for difference, reported higher revenue and profit from its United Kingdom operations for 2025. The improvement was supported by a reduction in hedging-related losses.

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Operating Profit Surges Despite Higher Costs

For 2025, Trade Nation posted turnover of £25.3 million, up from £21.7 million in 2024. Cost of sales increased slightly to £646K, compared with £569K the previous year. Net losses on hedging activities declined to £695K, down from £3.04 million in 2024, which helped lift overall profitability.

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Gross profit rose to £23.9 million, compared with £18.1 million in the prior year. Administrative expenses also increased, reaching £20.1 million, up from £17.4 million in 2024. Despite higher costs, operating profit rose to £3.81 million, compared with £636K in 2024.

Profit Before Tax Climbs £4.13M

Profit before tax increased to £4.13 million, up from £948K in 2024. The company recorded a tax charge of £342K, compared with a tax credit of £49K the previous year. Profit for 2025 reached £3.79 million, compared with £997K in 2024.

The company stated that the figures were prepared on the basis that “all operations are continuing.”

The company returned to profitability in 2024, reporting a net profit of £996K, compared with a £2.2 million loss in 2023. Revenue and gross profit both increased, while operating profit turned positive from a £2.6 million loss the previous year.

Trade Nation Retires TD365 Brand Platform

Separately, earlier this year Trade Nation consolidated the TD365 platform under its own brand, retiring the TD365 name. The company said customers will continue to trade as normal, with no impact on accounts, funds, or open positions.

It noted that the change is intended to simplify the login process and accelerate the rollout of new platform features, including the ability to link accounts with TradingView. The move does not affect the company’s regulatory status in any of its jurisdictions.