AETOS UK’s Revenue Grows By 20% In Another Successful Year
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The UK-regulated part of AETOS, a broker for contracts for differences (CFDs), finished the fiscal year with a revenue of £479,421, 20 percent more than the preceding year’s £399,017.
According to filings with Companies House, the broker made £474,660 of its revenue from management services fees, while £4,761 stemmed from broking commissions. In the earlier fiscal year, no revenue came from broking commissions.
The Company Reported A Net Profit Of £2,408 In FY24, Up From £1,004 In FY23
As a service company, the directors believes that the biggest money risks faced by the firm are linked to market changes and the need to have enough cash to meet rules for capital and everyday needs. The firm does not carry out trades that could cause big price risks, and it isn’t much affected by changes in currency values.
The broker’s running costs also went up, eating up almost all the yearly earnings, just like in the last fiscal year. The UK branch has six workers on average, including three managers and three people in sales and marketing. The firm paid out £311,042 in total salaries in FY24.
After adding £1,774 in interest income, the broker finished the fiscal year with a net gain of £2,408, which was more than FY23’s £1,004.
AETOS Capital Group (UK) Limited lets people trade CFDs with forex pairs, energy, metals, and indices. The UK branch is fully owned by AETOS’s Cayman Islands-based company, which got its license to operate in 2021.
AETOS Aims To Create A Top Trading Platform With Excellent Tools
Apart from the UK and the Cayman Islands, the AETOS brand operates under rules in Australia, Mauritius, and Vanuatu.
Other UK parts of global brokers showed mixed results in how much money they made and their profits for the last fiscal year. The UK branch of OANDA earned £16.32 million, which was a little less than the year before, while Capital Index’s UK branch saw its turnover drop by 29 percent
AETOS Capital Group Pty Ltd (AETOS) is a famous Australian broker that helps people trade financial products. The company wants to build a top trading platform for investors and offer the best tools and helpful customer service.
By sticking to the idea of Fairness, Intelligence, and Efficiency, AETOS provides strong financial services to investors. With smart tools, investors can create a bigger and better investment mix while keeping trading costs low.
