Capital.com Posts 229% YoY Jump in Q1 Trading Volume

Monday, 11/04/2022 | 09:39 GMT by Arnab Shome
  • It added more than a million trading accounts last quarter.
  • Market volatility has triggered a rush among retail traders.
London cityscape featuring the Gherkin

London-headquartered Capital.com, a multi-asset brokerage, unveiled some of its key performance metrics for the first quarter of 2022, which ended on 31 March. The broker handled a total trading volume of $270 billion in the period, which is 36 percent higher than the previous quarter.

Year-over-year, the jump in the quarterly trading volume was more than 229 percent. Finance Magnates earlier reported that the broker ended 2021 with a total trading volume of $565 billion, almost half of which has been generated in Q1 of 2022 alone.

“There's nothing like volatility to bring traders to markets, and we obviously had that by the bucket load in the first quarter of the year,” said David Jones, the Chief Market Strategist of Capital.com.

Retail Activities

The massive surge in the trading activities was supported by a substantial increase of traders on the platform. It added over 1 million new trading accounts in the first quarter of 2021, which is a number that grew by 27 percent.

With this, the trading platform now accounts for more than five million people. It has more than 78,000 active monthly accounts with a total of 345,000 traders carrying out trades.

Moreover, the broker revealed that the trading activities on its platform have increased by 43 percent in the last three months despite heightened risks in the markets.

“Gold and oil were notably active markets as Russia invaded Ukraine - at its highest, oil was up 70% for the year so far, and we weren't even three months in,” Jones added.

“As the quarter came to an end, it did seem as if stock market investors were taking the uncertainty more in their stride, and we saw at least some of the earlier 2022 losses clawed back. Whether they continue to buy the dip next quarter remains to be seen - but from a geo-political and markets point of view, the first quarter of 2022 won't be one that investors will forget any time soon.”

London-headquartered Capital.com, a multi-asset brokerage, unveiled some of its key performance metrics for the first quarter of 2022, which ended on 31 March. The broker handled a total trading volume of $270 billion in the period, which is 36 percent higher than the previous quarter.

Year-over-year, the jump in the quarterly trading volume was more than 229 percent. Finance Magnates earlier reported that the broker ended 2021 with a total trading volume of $565 billion, almost half of which has been generated in Q1 of 2022 alone.

“There's nothing like volatility to bring traders to markets, and we obviously had that by the bucket load in the first quarter of the year,” said David Jones, the Chief Market Strategist of Capital.com.

Retail Activities

The massive surge in the trading activities was supported by a substantial increase of traders on the platform. It added over 1 million new trading accounts in the first quarter of 2021, which is a number that grew by 27 percent.

With this, the trading platform now accounts for more than five million people. It has more than 78,000 active monthly accounts with a total of 345,000 traders carrying out trades.

Moreover, the broker revealed that the trading activities on its platform have increased by 43 percent in the last three months despite heightened risks in the markets.

“Gold and oil were notably active markets as Russia invaded Ukraine - at its highest, oil was up 70% for the year so far, and we weren't even three months in,” Jones added.

“As the quarter came to an end, it did seem as if stock market investors were taking the uncertainty more in their stride, and we saw at least some of the earlier 2022 losses clawed back. Whether they continue to buy the dip next quarter remains to be seen - but from a geo-political and markets point of view, the first quarter of 2022 won't be one that investors will forget any time soon.”

About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6654 Articles
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