menu

Homepage > News > CMC Markets with £409.8 mln in net income for the first quarter

CMC Markets with £409.8 mln in net income for the first quarter


The CMC Markets broker has disclosed its financial results for the first quarter of 2021. Key figures include net operating income of £409.8 mln (up 63% compared to the first quarter of 2020).

For CFDs, revenue per active client increased by 22% to £4,560, while the number of active clients investing in CFDs increased by approximately 34%. Mainly thanks to a 28% customer growth as well as the growing appeal of global equity offerings, CMC’s net equity trading revenue grew 72% to £54.8 mln. Pre-tax profits increased 127% to £224.0 mln compared to £98.7 mln in 2020.

The broker emphasizes that it offers its clients access to platforms resistant to attacks and technical problems, which means that they can trade without any issues. The company also continues to invest in its own technology platforms to diversify its offer, introducing Spot FX and Dynamic Trading. In March 2021, CMC Markets also launched the Stockbroking mobile application.

Author: Izabela Kamionka

Are you a trader?

Help others and rate your broker! Use the search engine or find your broker on the list.



Ad:

Last news:

xtb broker

XTB MENA receives the DFSA license

X-Trade Brokers, better known as XTB, has obtained a third-class license from the Dubai Financial ...
Read More
Cypriot financial regulator cysec

CySEC suspends the license of the parent company of the FXGM broker

The Cyprus Securities and Exchange Commission (CySEC) suspended the license of the investment company Depaho ...
Read More
the Chinese province will test the common welfare policy, i.e. redistribution of income

Will Chinese stocks disappear from the US stock markets?

W obliczu nowych regulacji związanych z audytami spółek zagranicznych notowanych na giełdach w USA, Chiny ...
Read More
SCAM Alert

Watch out for: “to recover funds, transfer us 10%”

Fake Forex brokers and their partners have developed another tactic for extorting client funds. It ...
Read More

Add a comment

Your email address will not be published. Required fields are marked *

 

Note: Opinions and posts on ForexRev.com represent personal opinions and views of their respective authors and should not be interpreted as recommendations to purchase or sell securities. ForexRev.org assumes no responsibility or liability for such content.
Go to top