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Retail Forex broker IronFX Global UK Limited has earlier this week filed its financial report for the year to December 31, 2014 with the UK regulators, with the numbers showing solid revenue growth for the FCA-regulated UK subsidiary of IronFX.
Annual revenues reached $6.92 million, compared with $815,576 a year earlier.
Administrative expenses amounted to $6.59 million, which left the company with a profit before taxation of $329,433.
After taxes, the profit attributable to shareholders amounted to $243,973.
Total assets at the end of 2014 amounted to $4.95 million.
Total equity in IronFX’s UK arm sat at $2.7 million at year end.
The directors of IronFX UK had the following to say about the 2014 financial results of the broker:
“The performance for the year, and the position at 31 December 2014, are considered to be satisfactory and the directors are optimistic about the future as the business grows.”
To download the full IronFX UK report for 2014 click here.