Global trading and investing platform Capital.com today revealed its trading volumes for 2021, reporting a surge in demand. Total users on the platform skyrocketed 350% to 4.23 million last year.
The online retail broker reported that total clients trading volumes came at $565 billion, registering a jump of 303%. Trading activity on the platform also grew with total number of trades executed by clients rising 388%.
Jonathan Squires, Group Chief Executive Officer at Capital.com, said:
Taking our cue from our clients’ changing preferences, we diversified into stock trading, extended our trading hours and made improvements to the platform so that more people can invest and trade online, for themselves, from anywhere.
Capital.com shared plans to introduce new products and features to its platform in the next year. The company mentioned enabling machine learning and Artificial Intelligence (AI) technology to help traders and investors make better choices.
Capital.com is developing a dedicated AI solution to better understand client behaviour and to create a more personalised trading experience. We will also continue to expand into new markets, including the US, maintaining our strong growth year on year. It goes without saying that our global expansion plans will be in step with regulatory approvals.
Earlier in January, Capital.com appointed Joe Rundle as its Chief of Staff to oversee the company’s expansion into new markets out of its Cyprus office.
Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.