Tag: Freetrade

Freetrade
May 27, 2022 BY Steffy Bogdanova

Freetrade sees a jump in revenue to £12.7 million in FY21

The number of registered users also rose significantly during FY21, with 637,895 new traders on the platform. The year ended with a total of 886,743 users and 256% increase compared to FY20. Freetade also revealed that by the end of 2021, the numbers of users surpassed 1 million. The firm recently announced raising £30 million…

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Freetrade raises £30m from existing and new investors
May 23, 2022 BY Steffy Bogdanova

Freetrade raises £30 million in latest funding round

The company’s registered users went over 1.3 million in the UK. Freetrade’s revenue for 2021 increased more than six times £15.1 million, AUA surpassed £1 billion and trading volumes for the year were above £3.7 billion. The announcement specified that the company raised the funds through a convertible loan note. The company highlighted that the…

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Forex Weekly Look Back
April 16, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: HYCM on the rise of retail trading, ATFX launches AT Premier

Qinox Tech, a white-label and service provider for brokerage and exchange firms, has included a regulatory license of the South African Financial Sector Conduct Authority (FSCA) in the list of financial operational licenses. South Africa’s FSCA supervises financial institutions such as banks, brokers, market infrastructure providers. The regulator aims to increase the efficiency and integrity of…

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new appointment
April 13, 2021 BY Steffy Bogdanova

Freetrade recruits industry veterans for international expansion

In his new Sweden-based Managing Director role, Broomé is expected to work in close quarters with both European and national regulators in an attempt to establish operations while speeding up Freetrade’s expansion into Europe. Annica Lundblad has been known to hold a number of senior roles within the investment management and financial services industry, and…

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