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Brokers
CFD Broker Fortrade Posts 37% Jump in Operating Profit on Higher Trading Volumes
2025-08-19T10:56:31.647+02:00
Revenue rose by 7%, and net profit reached £1.3 million, also higher than in 2023.
Moreover, the London-based brokerage nearly doubled its workforce while strengthening its balance sheet with £6.4 million in cash.
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Damian Chmiel
Brokers
CFDs Broker Fortrade Increased 2023 Profits Despite 39% Revenue Drop
2024-11-14T12:58:54.986+02:00
The broker generated £19.7 million in revenue in 2023, down from £32.3 million in 2022.
Its net profit rose by 27.4 per cent to £1.05 million.
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Retail FX
FX Brokers' Exodus from Belarus Continues: License of Fortrade Revoked
2024-01-03T10:36:48.828+02:00
The country now has only nine operational FX OTC participants.
Fortrade is also licensed in the UK, Canada, Australia, Cyprus and Mauritius.
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Retail FX
Fortrade's Fiscal 2022: 14% Revenue Surge with a Profit Dip
2023-10-17T09:30:28.702+02:00
The broker ended the year with £32.3 million in revenue.
Increased costs to the company pushed its profits down.
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