Home Trading Infinox Capital experiences a 105% rise in revenue for FY22

Infinox Capital experiences a 105% rise in revenue for FY22

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According to the official filing, the broker’s pre-tax profit skyrocketed 362% to £1.34 million from £290,719 in the previous year. Infinox recorded net profit of £1.06 million for the year.

Тhe client assets under management for the period rose to more than £14.3 million, registering a 65% compared to the previous year’s £8.68 million.

According to the Company House filing, the company stated:

The company had a great year, with significant improvements across all Key Performance Indicators. Infinox’s IXO Prime brand has led to significant increases in key performance indicators. This is mainly due to Infinox offering liquidity and institutional services for brokers, money managers and professional clients. To ensure that its clients have the most up-to-date trading platform, the business launched the MT5 platform.

Infinox stated that it intends to expand its product range.

The filing stated that:

Via a White Label solution, Infinox has begun offering access to a wide range of Exchange Traded Futures products that are offered across the world’s largest and most recognized exchanges. The business also expects to continue growing its IXO Prime brand.

Infinox Capital has 105 %…



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