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CFDs Broker Fortrade Increased 2023 Profits Despite 39% Revenue Drop

The broker generated £19.7 million in revenue in 2023, down from £32.3 million in 2022.
Its net profit rose by 27.4 per cent to £1.05 million.

Thursday, 14/11/2024 | 10:58 GMT by Arnab Shome

Retail FX

FX Brokers' Exodus from Belarus Continues: License of Fortrade Revoked

The country now has only nine operational FX OTC participants.
Fortrade is also licensed in the UK, Canada, Australia, Cyprus and Mauritius.

Wednesday, 03/01/2024 | 08:36 GMT by Arnab Shome

Retail FX

Fortrade's Fiscal 2022: 14% Revenue Surge with a Profit Dip

The broker ended the year with £32.3 million in revenue.
Increased costs to the company pushed its profits down.

Tuesday, 17/10/2023 | 07:30 GMT by Arnab Shome

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