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Equities Now Make Up 90% of Gildencrest Capital's Revenue, but Profit Without FX Drops 95%

  • UK-based broker reports equity trading now comprises most of the income as firm reduces retail client focus.
  • FX volumes, however, dropped by 75%, while revenues from equities increased by only 4%.
Saturday, 03/05/2025 | 06:35 GMT by Damian Chmiel
Retail FX

Gildencrest Capital (formerly TeraFX) Doubles 2023 CFDs Trading Volume

  • The broker generated £4.7 million in income from CFDs and £2.13 million from equities.
  • It is now applying for a Latvian licence and has plans to open a Riga branch.
Monday, 20/05/2024 | 05:57 GMT by Arnab Shome
Retail FX

From TeraFX to Gildencrest Capital: Rebranding Set for February 1, 2024

  • The broker's services will remain unchanged after rebranding.
  • Clients’ account details, login credentials, and all relevant information will not change.
Wednesday, 31/01/2024 | 15:12 GMT by Jared Kirui
Brokers

TeraFXUK’s 2021 Revenue Rises 274%, Seeking Polish License

  • The company significantly narrowed its 2021 losses.
  • It is now shifting its focus from FX business to equities trading.
Friday, 06/05/2022 | 11:30 GMT by Arnab Shome