Acetop Financial Limited Records 160% Surge In Trading Volumes In 2024
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Acetop Financial Limited has announced a 160% surge in its total trading volumes for 2024. The over-the-counter (OTC) leveraged derivatives provider said the growth was driven by increased trading activities in spot gold.
Acetop stated that the notional trading volumes increased by about $12 billion last year, indicating a more than 100% rise from the $4.65 billion it recorded the previous year. The company’s annual report shows that the growth was also propelled by heightened client interest in spot gold.
Investors Increased Their Interests In Spot Gold
In a report, the firm commented that most of the increased volume was due to outsourced liquidity, matched with its institutional partners.
Investors’ interest were tilted towards gold, rising by 30% in 2024. The interest has continued this year, almost repeating its last year’s performance barely few months into 2025.
Acetop is a regulated company by the Financial Conduct Authority (FCA). It offers spread betting through the MetaTrader platform and access to OTC leveraged derivatives CFDs. Additionally, the company offers support in commodities, indices, and foreign exchanges.
Acetop also acknowledged the improvements of its financial records for 2024. The platform revealed that it recorded a increase in revenues from $757,000 in 2023 to $923,000 in 2024. This shows a steady growth in both service contracts and trading activities. The firm stated that the increase in revenue was driven by service fees, along with $203,000 net gain from trading financial products.
Acetop Says Revenue Has Continued An Upward Trajectory
Acetop stated that its “revenue has continued its upward trajectory”, adding that the company built upon the strong financial records of the previous year.
Acetop recorded a net profit of $234,000, which reversed the previous year’s net loss of $13,000. Net assets increased to $1.85 million while administrative expenses fell slightly. The firm announced total assets of $2.96 million.
Acetop says its UK office will continue to serve both local and international clients, as it continues to grow new accounts from 2024. The firm stated that it will continue to maintain a sustained risk management framework and a robust technology infrastructure. The company says these processes will meet the needs of corporate, professional, and retail customers.
Acetop added that it will continue to position itself to continue the growth trajectory, citing a commitment to widening its wide range of products and responding to market changes.
