Capital.com Reports 6% Growth in Trading Volumes for H1 24

Cyprus-headquartered global trading platform Capital.com has announced its interim results for the six months ended 30 June 2024 (H1 24), reporting total client trading volumes of $725 billion, an increase of 6% from H2 2023’s $683 billion.

Capital.com’s revenue grew significantly in the first half of 2024 due to much higher trading activity, with group net revenue increasing by 35%.

Other key figures include that the total number of registered accounts grew by 63%, and the total number of trades increased by 7% to 50 million compared to H2 2023’s 46 million.

Capital.com continued to invest in talent, IT, and second-line infrastructure to ensure sustainable, long-term growth in H1 2024 during which the company’s global headcount increased by 17% to 728 from H2 2023’s 621.

Ariel Segev, Group Chief Financial Officer, Capital.com, commented: “We are delighted to report a strong performance for the first half of 2024, marked by a 63% increase in new user accounts and a 35% rise in net revenue. These results underscore our strategic investments in talent, IT, and second-line systems, which are driving our global growth. Our commitment to innovation and excellence has solidified Capital.com’s position as a leading tech platform in our key markets. As we continue to expand our global footprint and enhance our services, we remain dedicated to delivering exceptional value to our clients and stakeholders.”