"The increased FX market volatility over the past year has been a factor shaping our results for the year to June 2024, particularly with the exchange losses that affected our profitability," Vantage UK's CEO.
Operating profit fell to £76K, down from £197K the previous year.
Tower Bridge London; Source: Wikimedia Commons
The Retail FX and CFD broker Vantage Global Prime LLP has
released its financial results for the year ending June 30, 2024. The results
show a decline in profits compared to the previous year. However, the CEO of Vantage UK, David Shayer, told Finance Magnates that "the increased FX market volatility over the past year has been a factor shaping our results for the year to June 2024, particularly with the exchange losses that affected our profitability."
He added: "While these fluctuations impacted our figures, Vantage UK’s core business remains strong, and we are committed to providing our clients with an exceptional trading environment."
Vantage UK Reports Profit Decline
Turnover for Vantage UK decreased from £2.02 million in 2023
to £1.91 million in 2024. The cost of sales increased slightly, rising from
£116K in 2023 to £133K in 2024. Consequently, gross profit fell to £1.77
million, down from £1.91 million the previous year.
Source: Company-Information.Service.gov.uk
In terms of administrative expenses, Vantage UK managed to
reduce costs from £1.71 million in 2023 to £1.7 million in 2024. Despite these
cost-cutting measures, operating profit significantly dropped to £76K in 2024,
a decline from £197K in 2023.
Additionally, there were no interest expenses or income
reported for 2024, contrasting with minor entries in 2023. Profit before
members' remuneration and discretionary division also decreased to £76K in
2024, down from £197K in the previous year.
"Looking forward, Vantage UK is focused on strengthening our product offerings and advancing our technology to meet the evolving needs of traders," Shayer added. "We are confident in our future and remain dedicated to delivering long-term value."
Vantage's Multi-Currency Support and TradingView Integration
This development aims to allow traders from different regions to diversify
their portfolios and engage in copy trading using their preferred currency. It is to be noted that Vantage does not offer copy trading services to its customers in the UK.
The Vantage app, which is also available only to non-UK customers, supports 55 global deposit methods,
including credit cards and bank transfers, to accommodate users' funding
preferences.
Additionally, the multi-account support enables users to copy
trades across various account types, allowing, for example, a trader with a
Standard STP account to copy trades from a provider using a Swap-free RAW ECN
account, even if the accounts trade in different currencies.
Clients can now open TradingView accounts and link them to their
user profiles, allowing for the trading of CFD instruments such as currencies,
commodities, and stock market instruments directly from TradingView charts.
The Retail FX and CFD broker Vantage Global Prime LLP has
released its financial results for the year ending June 30, 2024. The results
show a decline in profits compared to the previous year. However, the CEO of Vantage UK, David Shayer, told Finance Magnates that "the increased FX market volatility over the past year has been a factor shaping our results for the year to June 2024, particularly with the exchange losses that affected our profitability."
He added: "While these fluctuations impacted our figures, Vantage UK’s core business remains strong, and we are committed to providing our clients with an exceptional trading environment."
Vantage UK Reports Profit Decline
Turnover for Vantage UK decreased from £2.02 million in 2023
to £1.91 million in 2024. The cost of sales increased slightly, rising from
£116K in 2023 to £133K in 2024. Consequently, gross profit fell to £1.77
million, down from £1.91 million the previous year.
Source: Company-Information.Service.gov.uk
In terms of administrative expenses, Vantage UK managed to
reduce costs from £1.71 million in 2023 to £1.7 million in 2024. Despite these
cost-cutting measures, operating profit significantly dropped to £76K in 2024,
a decline from £197K in 2023.
Additionally, there were no interest expenses or income
reported for 2024, contrasting with minor entries in 2023. Profit before
members' remuneration and discretionary division also decreased to £76K in
2024, down from £197K in the previous year.
"Looking forward, Vantage UK is focused on strengthening our product offerings and advancing our technology to meet the evolving needs of traders," Shayer added. "We are confident in our future and remain dedicated to delivering long-term value."
Vantage's Multi-Currency Support and TradingView Integration
This development aims to allow traders from different regions to diversify
their portfolios and engage in copy trading using their preferred currency. It is to be noted that Vantage does not offer copy trading services to its customers in the UK.
The Vantage app, which is also available only to non-UK customers, supports 55 global deposit methods,
including credit cards and bank transfers, to accommodate users' funding
preferences.
Additionally, the multi-account support enables users to copy
trades across various account types, allowing, for example, a trader with a
Standard STP account to copy trades from a provider using a Swap-free RAW ECN
account, even if the accounts trade in different currencies.
Clients can now open TradingView accounts and link them to their
user profiles, allowing for the trading of CFD instruments such as currencies,
commodities, and stock market instruments directly from TradingView charts.
XTB Shares Surge 12% on Margin Trading and 24/5 Markets
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
