Brokerage group Capital.com said on Monday that its trading volumes for 2024 rose 33% compared to the prior year.
Over the course of the 12 month period, the notional value of client trades on the Capital.com platform totalled $1.7trn.
Growth in client trading activity was in part the reason for this. Capital.com said in a statement that the number of trades place rose by 20% in 2024 compared to 2023. The broker noted that the majority of client activity was derived from Europe and the Middle East.
The company also won several awards from Investors’ Chronicle for 2024 as well.
Investors’ Chronicle is a UK-publication that’s owned by the Financial Times. It primarily caters to long-term investing but also has a trading column. Other coverage in the weekly magazine, like looking at small caps, also tends to attract interest from the same sort of audience that trades with leverage.
Capital.com won CFD Provider of the Year, Spread Betting Provider of the Year, and Selective Platform of the Year. The company also won App of the Year.
“We are honoured to receive 5* ratings across four key categories—Selective Platform of the Year, App of the Year, Spread Betting Provider of the Year, and CFD Provider of the Year,” said Capital.com Europe CEO Christoforos Soutzis.
“Voted for by the readers, this award is especially important to us. It speaks to the trust our clients place in us and the exceptional team at Capital.com who deliver the best for our clients.”