Capital.com celebrates exploding trading volumes in 2021, up by 303%

Rick Steves

Capital.com plans to introduce new products and features to the platform including enabling machine learning and Artificial Intelligence (AI) technology to help traders and investors make better choices.

Capital.com is celebrating the astonishing growth experienced in 2021, with the total number of registered users on the trading platform spiking to 4.23 million, up by 350% from the previous year.

The high-growth global trading and investing platform saw total client trading volumes grow by 303% to reach USD 565 billion, with the number of trades executed increasing by 388% in 2021.

Pandemic brought about lasting shifts in consumer behaviors

Jonathan Squires, Group Chief Executive Officer at Capital.com, said: “Global lockdowns have brought about lasting shifts in consumer behaviors and attitudes. With more people staying at home and looking for ways to supplement their income and keep busy, online platforms like Capital.com gained ground.

“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 plans to introduce new products and features to the platform including enabling machine learning and Artificial Intelligence (AI) technology to help traders and investors make better choices.

“Our goal is to support the self-directed investor with ample education. We know that each individual consumes information differently, which is why 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”, Squires added.

In 2021, the brokerage firm launched stock trading and diversified beyond CFDs, as well as commission free stock trading.

The company increased headcount by 478% in 2021 and opened new offices in Warsaw, Kiev, Vilnius, Melbourne, Singapore and Sofia.

Capital.com also obtained a license from the Australian Securities and Investments Commission (ASIC) while strengthening risk management by obtaining an ISO 27001 certification and compliance by partnering with KRM22 Market Surveillance solutions to help prevent potential market abuse, fraud and operational breaches.

Read this next

Retail FX

eToro users now can trade underlying Italian stocks

Israeli social trading and multi-asset brokerage company eToro has expanded its service offering and trading products by incorporating new markets, namely Italian stocks listed at underlying exchanges.

Digital Assets

BlackRock bets on crypto bank Silvergate despite drastic fall

BlackRock, the world’s largest asset manager, has increased its stake in Silvergate Bank, a crypto-friendly lender that counts major crypto exchanges like Coinbase and Kraken as clients.

Opinion

A viewpoint from Anatoly Crachilov, CEO and Founding Partner at Nickel Digital, on SEC regulation of the digital asset sector

The SEC’s latest episode comes across as more of a PR performance rather than an act of investor protection.

Digital Assets

Tether denies receiving any loans from Celsius, the opposite is true

World’s largest stablecoin issuer, Tether dismissed reports suggesting that it received a $2 billion loan from the bankrupt cryptocurrency lender Celsius.

Institutional FX

Cboe FX volume makes strong rebound in January

Cboe’s institutional spot FX platform today announced its trading volume for the month ending January 2023, which marks a mild rebound after a steep fall in December.

Uncategorized

XS.com appoints Exness alumni Mohamad Ibrahim as CEO

XS.com, the multi-regulated financial services provider, has appointed Mohamad Ibrahim as the group’s newest chief executive officer (CEO).

Technology

B2Broker Integrates Match-Trader Solution to Expands Its White Label Liquidity Offering

A global provider of technology and liquidity for the FX and cryptocurrency markets, B2Broker recently announced the extension of its white label liquidity offering by merging with Match-Trader.

Digital Assets

UK launches open consultation to regulate crypto exchanges, custody, and lending

The government’s proposed measures have been informed by recent market events – including the failure of FTX – which reinforce the case for effective regulation and sector engagement.

Institutional FX

ViewTrade celebrates record growth with launch of carrying broker services offering

“We have been at the center of the empowerment of the retail investor for decades, supplying the technology to facilitate cross-border access to U.S. markets. Our demonstrated ability to provide a full-service, end-to-end solution to a diverse global customer base continues to prove its value every day.”

<