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Capital.com Achieves Significant Milestones in Trading Volume and Industry Recognition in 2023

Capital.com, a fintech and global trading platform based in Cyprus, announced a notable increase in client trading volumes for 2023, surpassing $1.2 trillion. This represents a 53% increase from the previous year, marking the first time the company has exceeded the $1 trillion mark since its inception in 2016. This achievement underscores the company's resilience and entrepreneurial spirit amidst market uncertainties.

The company also secured the top position in the 2023 Deloitte Tech Fast 50 rankings for the third consecutive year. This program recognizes the fastest-growing technology companies based in the Middle East or Cyprus. Capital.com demonstrated a remarkable revenue growth rate of 4011% over the past four years, leading it to rank as the number one fastest-growing technology company among the nominees.

Additionally, recent growth metrics from Q1 2024 indicate a continuation of this upward trend. The platform's total global trading volumes reached $337 billion in the first quarter alone, with a 17% increase in active traders compared to the previous quarter. The most traded assets were indices, with significant activity in US and German market indices, followed by considerable volumes in commodity markets, particularly gold and crude oil.

R. P.

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