The company is out with the final results for fiscal 2018 which ended on the 31st of March this year
London-based brokerage Infinox Capital is out with its full-year results. The company exclusively shared with Finance Magnates its metrics for the year that ended on March 31, 2018.
The FCA-regulated brokerage posted an increase in turnover of 141 percent year-on-year. The company posted £41.6 million of revenues, up from £17.5 million in fiscal 2017.
Net profits before tax also increased sharply when compared to a year ago. The figures rose 175percent to £3.47 million when compared to £1.26 million in fiscal 2017.
“We saw a 141% increase in our turnover for the year ending in March 2018, driven by our philosophy of delivering a premium customer service around our core values of integrity and trust,” commented to Finance Magnates the CEO of the company Robert Berkeley.
Trading volumes at Infinox increased by 86 percent year-on-year to $511 billion.
Margins at Infinox Capital appear to have increased at a critical time for the industry, just before the introduction of new regulatory restrictions for retail clients in the EU.
New Products Incoming
Highlighting the rapid pace of growth for the firm since it launched in 2009, Berkeley elaborated that the company was recognized for the second year running in the Sunday Times Hiscox Tech Track 100 league table ranking of Britain’s fastest-growing private tech (TMT) companies. Infinox placed 14th in 2017 and 15th in 2018.
“Our commitment to innovation and technology will help us meet the challenges that lie ahead with the ever-changing regulatory landscape. New products releases are due in the Q4 2018 which will enhance our drive to deliver ‘Trading Power’ to our retail and institutional clients worldwide,” Berkeley shared.
Infinox Capital managed to attract enough customers to cushion the introduction of new Leverage restrictions in Europe. Companies with a significant capital buffer into the new era for the brokerage industry in the EU have a higher chance of successfully adapting to the new operating environment.
The company rebranded from GO Markets UK back in 2016. The commitment to building up a new brand has paid off well for the firm over the past couple of years. Last year the revenues of Infinox doubled from the year of the rebranding.
London-based brokerage Infinox Capital is out with its full-year results. The company exclusively shared with Finance Magnates its metrics for the year that ended on March 31, 2018.
The FCA-regulated brokerage posted an increase in turnover of 141 percent year-on-year. The company posted £41.6 million of revenues, up from £17.5 million in fiscal 2017.
Net profits before tax also increased sharply when compared to a year ago. The figures rose 175percent to £3.47 million when compared to £1.26 million in fiscal 2017.
“We saw a 141% increase in our turnover for the year ending in March 2018, driven by our philosophy of delivering a premium customer service around our core values of integrity and trust,” commented to Finance Magnates the CEO of the company Robert Berkeley.
Trading volumes at Infinox increased by 86 percent year-on-year to $511 billion.
Margins at Infinox Capital appear to have increased at a critical time for the industry, just before the introduction of new regulatory restrictions for retail clients in the EU.
New Products Incoming
Highlighting the rapid pace of growth for the firm since it launched in 2009, Berkeley elaborated that the company was recognized for the second year running in the Sunday Times Hiscox Tech Track 100 league table ranking of Britain’s fastest-growing private tech (TMT) companies. Infinox placed 14th in 2017 and 15th in 2018.
“Our commitment to innovation and technology will help us meet the challenges that lie ahead with the ever-changing regulatory landscape. New products releases are due in the Q4 2018 which will enhance our drive to deliver ‘Trading Power’ to our retail and institutional clients worldwide,” Berkeley shared.
Infinox Capital managed to attract enough customers to cushion the introduction of new Leverage restrictions in Europe. Companies with a significant capital buffer into the new era for the brokerage industry in the EU have a higher chance of successfully adapting to the new operating environment.
The company rebranded from GO Markets UK back in 2016. The commitment to building up a new brand has paid off well for the firm over the past couple of years. Last year the revenues of Infinox doubled from the year of the rebranding.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!