In Q1 2024, the firm saw trading volumes hit $337 billion, with active traders increasing by 17%.
Indices dominated trading, representing 79% of volumes, while commodities accounted 58%.
Capital.com, a global trading platform and fintech group,
has disclosed total client trading volumes exceeding $1.2 trillion in 2023.
This figure represents an increase of 53% compared to the previous year,
marking the first instance where client trading volumes have surpassed the $1
trillion mark since the company's establishment in 2016.
Active Traders up by 17%
In the first quarter of 2024, total global trading volumes
on the platform reached $337 billion, accompanied by a 17% increase in the
number of active traders compared to the previous quarter. The bulk of trading
volumes originated from clients in the Middle East, followed by Germany, Italy,
and the Netherlands.
Ariel Segev, Group Chief Financial Officer, Capital.com, said: “We are extremely lucky to have our headquarters in a
dynamic and thriving tech hub such as Cyprus. With its conducive,
business-friendly ecosystem, deep talent pool and facilitative legislation,
Cyprus is the ideal jurisdiction for tech scale-ups such as ours to supercharge
their growth strategies.”
Indices and Commodities Dominate in Trading
During the same period, indices and commodities emerged as
the two most traded markets by volume on the platform. Index-related markets,
notably the US Tech 100 (Nasdaq-100), US30, DE40, and the US500, accounted for
over 79% of total volumes traded in the first quarter of 2024. Additionally,
commodity markets witnessed substantial activity, representing 58% of total
volumes traded, with a significant focus on gold and crude oil.
Daniela Hathorn, Senior Market Analyst, Capital.com,
said: “The hype around semi-conductors was carried into Q1 2024
which helped boost tech stocks and the US Tech companies listed on the Nasdaq
Stock Exchange. Traders also shifted their mentality in Q1 and started to
welcome the resilience in the US economic data, moving away from the
‘good-data-is-bad’ rhetoric that dominated most of 2023. This allowed stocks to
move to new highs even if it meant the Federal Reserve was less likely to start
cutting rates."
Capital.com, a global trading platform and fintech group,
has disclosed total client trading volumes exceeding $1.2 trillion in 2023.
This figure represents an increase of 53% compared to the previous year,
marking the first instance where client trading volumes have surpassed the $1
trillion mark since the company's establishment in 2016.
Active Traders up by 17%
In the first quarter of 2024, total global trading volumes
on the platform reached $337 billion, accompanied by a 17% increase in the
number of active traders compared to the previous quarter. The bulk of trading
volumes originated from clients in the Middle East, followed by Germany, Italy,
and the Netherlands.
Ariel Segev, Group Chief Financial Officer, Capital.com, said: “We are extremely lucky to have our headquarters in a
dynamic and thriving tech hub such as Cyprus. With its conducive,
business-friendly ecosystem, deep talent pool and facilitative legislation,
Cyprus is the ideal jurisdiction for tech scale-ups such as ours to supercharge
their growth strategies.”
Indices and Commodities Dominate in Trading
During the same period, indices and commodities emerged as
the two most traded markets by volume on the platform. Index-related markets,
notably the US Tech 100 (Nasdaq-100), US30, DE40, and the US500, accounted for
over 79% of total volumes traded in the first quarter of 2024. Additionally,
commodity markets witnessed substantial activity, representing 58% of total
volumes traded, with a significant focus on gold and crude oil.
Daniela Hathorn, Senior Market Analyst, Capital.com,
said: “The hype around semi-conductors was carried into Q1 2024
which helped boost tech stocks and the US Tech companies listed on the Nasdaq
Stock Exchange. Traders also shifted their mentality in Q1 and started to
welcome the resilience in the US economic data, moving away from the
‘good-data-is-bad’ rhetoric that dominated most of 2023. This allowed stocks to
move to new highs even if it meant the Federal Reserve was less likely to start
cutting rates."
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
#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
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
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
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!