ActivTrades 2025 Revenue and Profit Decline

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ActivTrades Discloses Its 2025 Financial Results in July 2026

London-based retail forex and contracts for difference (CFD) broker ActivTrades plc filed its group financial statements for the year ended 31 December 2025 with UK Companies House on 11 July 2026. The results were subsequently reported by financial industry media on 14 July 2026.

The financial data show that ActivTrades recorded lower revenue and profit in 2025 than in 2024. Revenue amounted to £33.1 million in 2025, down 12% from £37.6 million in 2024, while net profit after tax fell by approximately 56%, from £4.1 million to £1.8 million. These figures therefore represent filed annual financial results rather than forecasts of the company’s performance in 2025.

ActivTrades plc remains registered as an authorised firm with the UK Financial Conduct Authority (FCA) under reference number 434413. It is important to distinguish that these financial statements cover ActivTrades plc and the entities included within its consolidated group during the relevant period. They do not represent the separate full-year operating results of every ActivTrades-regulated entity worldwide.

Revenue and Profit After Tax Both Declined

In addition to the reduction in revenue, ActivTrades’ profit before tax fell from approximately £4.6 million in 2024 to around £2.3 million in 2025. Administrative expenses, excluding the effect of foreign-exchange revaluations, increased from £31.2 million to £32.8 million, placing pressure on annual profitability.

As at 31 December 2025, group shareholders’ funds had declined from £42.0 million to £37.0 million. The company paid dividends of £4.9 million in 2025, compared with £1.5 million in 2024. The increase in dividend payments was one of the factors contributing to the reduction in year-end shareholders’ funds.

Client Funds and Trading Activity Continued to Grow in 2025

In contrast to the declines in revenue and profit, ActivTrades continued to record growth in client acquisition, funding inflows and trading activity during 2025. The group identified 211,828 new prospective clients during the year, of whom 18,016 opened and funded accounts, representing a 10% increase from 2024. As at 31 December 2025, the group had 29,010 active trading clients.

Net Deposits Were Approximately Double the Previous Year’s Level

ActivTrades recorded total client deposits of £106.3 million in 2025, up from £82.8 million in 2024, while total client withdrawals declined from £57.0 million to £54.2 million. The combination of higher deposits and lower withdrawals increased net client deposits to £52.1 million.

Public reports described the increase in net deposits as 202%. Based on a direct comparison between £52.1 million and £25.8 million, the 2025 amount was approximately 202% of the 2024 figure, corresponding to a year-on-year increase of around 102%. It is therefore more accurate to state that net deposits approximately doubled rather than increased by 202% from the previous year.

• The number of newly funded clients reached 18,016 during the year, up 10% year on year;

• Active trading clients reached 29,010 at the end of the year;

• The year-end client funds balance was £27.1321 million, up approximately 11.8% year on year;

• Average monthly notional trading volume reached US$45.5 billion, up 11% year on year;

• Client deposits, client funds and trading volumes all increased, although revenue declined over the same period.

Growth in trading volumes does not necessarily produce a corresponding increase in revenue. A broker’s revenue may also be affected by the instruments traded by clients, market volatility, spread levels, hedging outcomes, the entities through which clients are served and changes in the scope of financial statement consolidation. ActivTrades’ accounts did not attribute the decline in 2025 revenue to a single factor, meaning that its revenue performance cannot be inferred solely from changes in trading volume.

(Sources: UK Companies House,Group of companies' accounts made up to 31 December 2025, filed: 2026-07-11, section: Client and Trading Activity Metrics in the Strategic Report; FX News Group, related financial report, published: 2026-07-14.)

Group Restructuring Changed the Consolidation Scope of Overseas Operations

ActivTrades implemented changes to its group structure in 2025, transferring certain overseas brokerage operations from subsidiaries of the UK company to direct subsidiaries of the Guernsey-based holding company ActivTrades Group Ltd. Following the restructuring, the UK, Bahamian and Portuguese entities became sister companies under the control of the same holding company.

Bahamian and Portuguese Entities Transferred to the Guernsey Parent Company

1. On 2 January 2025, ActivTrades Corp ceased to be a direct subsidiary of ActivTrades plc and became directly owned by ActivTrades Group Ltd;

2. On 11 August 2025, ActivMarkets Empresa de Investimento S.A. underwent the same restructuring;

3. Following the restructuring, ActivTrades plc no longer directly controlled the two overseas brokerage entities, although all three companies remained under the common control of the Guernsey holding company;

4. ActivTrades Corp is authorised and regulated by the Securities Commission of The Bahamas (SCB), while ActivMarkets Empresa de Investimento S.A. is authorised and regulated by the Portuguese Securities Market Commission (CMVM).

Decline in Overseas Revenue Was Affected by Changes to the Consolidation Scope

ActivTrades plc’s financial statements show that revenue from UK clients increased from £25.8 million to £27.0 million in 2025, while revenue from clients outside the UK declined from £11.8 million to £6.1 million. Based on these figures, the UK market accounted for approximately 82% of group revenue in 2025, compared with around 69% in 2024.

However, the Portuguese entity was included in the UK company’s consolidated financial statements for only approximately the first seven and a half months of 2025, while the Bahamian entity left the consolidation scope at the beginning of the year. The resulting change in revenue therefore includes the effect of accounting consolidation adjustments and cannot be attributed entirely to a decline in overseas client numbers or trading activity. The published accounts did not separately disclose the amount of revenue removed as a result of the restructuring.

The range of businesses directly held by the UK entity is now comparatively narrower. It includes the Brazilian holding and regulated operations, a UK entity used for external bank financing arrangements, and a Luxembourg entity that is undergoing an orderly closure process. The restructuring reflects ActivTrades’ decision to place brokerage operations in different jurisdictions directly under the group holding company.

(Sources: UK Companies House,Group of companies' accounts made up to 31 December 2025, filed: 2026-07-11, sections: Group Restructuring, Subsidiaries and Geographical Distribution of Revenue; Finance Magnates,ActivTrades Redraws Its Group Structure as Overseas Units Move to a New Guernsey Parent, published: 2026-07-14.)

ActivTrades Continues to Expand Its Global Client Base

ActivTrades stated in its accounts that the group’s operating strategy continues to include maintaining existing client relationships, improving customer service capabilities and attracting new clients through direct marketing and promotional activities in the markets in which it operates. The company also plans to continue developing new financial products to expand its client reach.

Latin America Remains a Priority Expansion Region

ActivTrades’ clients have historically been concentrated primarily in Western European markets. As its global client distribution has expanded, the company has increased its client acquisition investment in emerging markets in recent years, with Latin America identified as a priority development region. The company has previously established operations in The Bahamas, Luxembourg, Portugal and Brazil.

The group’s disclosed marketing methods include:

• Organising in-person seminars, webinars and industry trade fairs;

• Advertising through financial media, specialist publications and television finance channels;

• Using social media and targeted online advertising to reach prospective clients;

• Developing marketing plans based on client profiles, demographics, interests and competitor analysis;

• Focusing primarily on adult clients with a degree of financial knowledge and available disposable capital.

ActivTrades describes its target clients as individuals aged between 25 and 65, with medium to higher income levels and an understanding that leveraged products can result in capital losses. This description also indicates that client growth in the forex and CFD business depends on risk-tolerance reviews, appropriateness assessments and the regulatory requirements applicable in different jurisdictions.

Bulgarian Branch Provides Technology and Risk Management Services

ActivTrades operates a branch in Bulgaria that is principally responsible for information technology (IT) development, risk management and other support services. The branch employed an average of 123 people in 2025, compared with 126 in 2024. Almost half of its employees worked in technology-related roles involving software development and infrastructure.

The group employed an average of 273 people in 2025, up from 260 in 2024. It remains controlled by founder and Chief Executive Officer Alex Pusco, and the restructuring of the group did not change its ultimate controlling relationship.

(Sources: UK Companies House,Group of companies' accounts made up to 31 December 2025, filed: 2026-07-11, sections: Market Strategy, Employees and Controlling Relationships in the Strategic Report; ActivTrades company information, accessed: 2026-07-15.)

Frequently Asked Questions About ActivTrades’ 2025 Results

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