Capital.com Client Trading Record High at $1.2 Trillion

Capital.com client trading hits record high, soaring to an unprecedented $1.2 trillion in total trading volumes for 2023. In 2023, Capital.com, a worldwide trading platform and fintech company, revealed that total client trading volumes surpassed $1.2 trillion, a 53% rise from the previous year, marking the first time since its establishment in 2016 that such volumes exceeded $1 trillion.

During Q1 2024, the platform witnessed total global trading volumes hitting $337 billion, paralleled by a 17% surge in active traders from the previous quarter. Predominantly, trading volumes stemmed from clients in the Middle East, succeeded by Germany, Italy, and the Netherlands.

Ariel Segev, the Group’s Chief Financial Officer at Capital.com, remarked: “We are extremely lucky to have our headquarters in a dynamic and thriving tech hub such as Cyprus. With its conducive, business-friendly ecosystem, deep talent pool and facilitative legislation, Cyprus is the ideal jurisdiction for tech scale-ups such as ours to supercharge their growth strategies.”

Capital.com Client Trading Hits Record: Active Traders Rise 17%, Indices and Commodities Dominate

In that timeframe, indices and commodities stood out as the platform’s top-traded markets by volume. Indices like the US Tech 100 (Nasdaq-100), US30, DE40, and US500 comprised over 79% of total volumes traded in Q1 2024. Moreover, commodity markets experienced significant activity, accounting for 58% of total volumes traded, particularly highlighting gold and crude oil. Daniela Hathorn, Senior Market Analyst at Capital.com, commented:

 “The hype around semi-conductors was carried into Q1 2024 which helped boost tech stocks and the US Tech companies listed on the Nasdaq Stock Exchange. Traders also shifted their mentality in Q1 and started to welcome the resilience in the US economic data, moving away from the ‘good-data-is-bad’ rhetoric that dominated most of 2023. This allowed stocks to move to new highs even if it meant the Federal Reserve was less likely to start cutting rates.”

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