UK FCA regulated global provider of FX and CFD brokerage services Tickmill has announced today the Group consolidated trading volume for September 2018 which came in at $117.7 billion, up by 58.9% from September 2017.
The September trading volume figure is the highest to have been recorded by Tickmill and reflects the Group’s accelerated growth and expansion into new markets. The Group has reported higher than $100 billion monthly trading volume in 8 out of 9 months in 2018 and the total 9-months trading volume was recorded at $966.7 billion.
Mr. Illimar Mattus, CFO of Tickmill UK Ltd commented:
We have always focused on providing an exceptional trading environment with a genuine interest in enhancing the trading experience for each trader individually. The growing demand for Tickmill’s product offering is a direct result of our focus on experienced traders. Our growth in 2018 showcases that traders have been appreciative of our efforts which will allow Tickmill to focus on achieving the next logical milestone – reaching the level of $200 billion monthly trading volume.
As noted in the past, the general sentiment at Tickmill is that the stricter regulations imposed globally has evened the playing field amongst retail brokers and have given brokers the opportunity to focus on trading conditions.
Commenting on the results, Mr. Ingmar Mattus, COO of Tickmill Ltd noted the following:
We have been committed to continuously optimizing our trading environment by improving latency and execution speed, maintaining tight spreads and low commission rates, as well as training our team to add value and provide meaningful support. This has truly made a difference and the results speak for themselves. With our trading conditions continuously improving, we expect that we will be entering 2019 with promising prospects.