Monecor (London) Ltd the owner and operator of ETX Capital the London based CFD trading and Spread Betting broker, recently published its FY 2020 earnings and the numbers make for interesting reading. They are a testament to the increased activity among retail and professional clients during the initial phase of the pandemic.
ETX Capital revenue and client asset growth in 2020
Revenues grew by +48% during the year at the same time the value of client assets jumped by+ 57%
Group revenue grew to ยฃ31.8 million while the client asset figures hit a record ยฃ225.0 million.
Revenue growth can be directly attributed to increased levels of client activ...