The firm's equity jumped by 29%, an improvement from the previous year.
Tradeslide recently implemented a partnership with IBKR.
Tradeslide Trading Tech Limited, the company behind the
Darwinex brand in the UK, released its financial results for the year 2023. The results highlighted an increase in profit despite a decline in revenue. The firm’s
equity jumped 29% compared to the previous year, which covered an 18-month
period that ended in December 2022.
Tradeslide Boosts Capital
Tradeslide’s profit increased 54% from €377k to €582k, while the operating
profit declined 45% from €466,812 to €252,566. “The company has significantly improved gross profit in
comparison with the last 12-month period, as well as optimized its fixed cost
base. Profitability enabled the company to shore up its capital position
throughout 2023,” Tradeslide commented on the financial
report.
According to the financial results published in UK Companies
House, turnover dropped from €9.6 million to €7 million, and gross profit reduced from €7.8 million to €5.3 million. Tradeslide, renowned for offering brokerage and investment management services, posted no change in capital or debt position. The firm explained that it continues to reinvest incremental revenue to scale the business.
The company revealed that its partnership agreement with IBKR was implemented during this period following the integration of its technology. This initiative enables the firm to expand its customer base. Additionally,
Tradeslide mentioned that it is searching for new market opportunities to
broaden its services.
Last Year's Performance
Last year, Tradeslide released the annual financial report for the period that ended in December 2022, disclosing a 70% upsurge in
profit. The figure jumped from €225,000 the previous year to €377,000.
Additionally, the brokerage firm’s gross profit reached more than €7 million
from €4 million. Generally, the firm’s turnover soared from €5 million to €9
million.
Tradeslide noted in the report that the amount of money held by its traders remained stable during that period. Among its highlighted achievements was the integration with the renowned American electronic marketplace Interactive Brokers. According to the firm, the integration offers
Darwinex’s users access to the electronic trading platform’s shares, futures,
and exchange-traded funds.
Tradeslide Trading Tech Limited, the company behind the
Darwinex brand in the UK, released its financial results for the year 2023. The results highlighted an increase in profit despite a decline in revenue. The firm’s
equity jumped 29% compared to the previous year, which covered an 18-month
period that ended in December 2022.
Tradeslide Boosts Capital
Tradeslide’s profit increased 54% from €377k to €582k, while the operating
profit declined 45% from €466,812 to €252,566. “The company has significantly improved gross profit in
comparison with the last 12-month period, as well as optimized its fixed cost
base. Profitability enabled the company to shore up its capital position
throughout 2023,” Tradeslide commented on the financial
report.
According to the financial results published in UK Companies
House, turnover dropped from €9.6 million to €7 million, and gross profit reduced from €7.8 million to €5.3 million. Tradeslide, renowned for offering brokerage and investment management services, posted no change in capital or debt position. The firm explained that it continues to reinvest incremental revenue to scale the business.
The company revealed that its partnership agreement with IBKR was implemented during this period following the integration of its technology. This initiative enables the firm to expand its customer base. Additionally,
Tradeslide mentioned that it is searching for new market opportunities to
broaden its services.
Last Year's Performance
Last year, Tradeslide released the annual financial report for the period that ended in December 2022, disclosing a 70% upsurge in
profit. The figure jumped from €225,000 the previous year to €377,000.
Additionally, the brokerage firm’s gross profit reached more than €7 million
from €4 million. Generally, the firm’s turnover soared from €5 million to €9
million.
Tradeslide noted in the report that the amount of money held by its traders remained stable during that period. Among its highlighted achievements was the integration with the renowned American electronic marketplace Interactive Brokers. According to the firm, the integration offers
Darwinex’s users access to the electronic trading platform’s shares, futures,
and exchange-traded funds.
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!