New Heights of Tickmill Performance

29 May, 2019

Tickmill Group’s 2018 Financial Performance Reaches New Heights


Tickmill Group ended 2018 by posting significant growth as evidenced by remarkable increases in all financial metrics.

The consolidated net profit in 2018 stood at $19.67 million, marking a surge of 33% in relation to the corresponding figure of 2017 which amounted to $14.81 million. The Group’s net trading revenue came in at $45.13 million, pointing to a 16% increase compared to the previous year.

Furthermore, the yearly trading volume stood at $1,368 billion notional value, recording a staggering increase of 84% compared to the previous year while also easily surpassing the projected $1,200-1,300 billion range. Interestingly, in October and November 2018, Tickmill witnessed the highest monthly trading volume figures of $145.5 billion and $136.0 billion respectively. For the full year, the Clients of Tickmill Group placed in total 83.56 million trades which represents a new record for the Group and an increase of 96% compared to previous year. Also, with a net capital base of $40.71 million as of the end of 2018, Tickmill Group is well positioned to look for attractive acquisition opportunities to further increase its geographic reach and market share.

Growth Momentum to Continue in 2019


Building on the positive performance of 2018, the first quarter of 2019 saw the Group onboarding a record number of new clients, a growth which is primarily fueled by its strong Introducing Broker network. Meanwhile, despite the low market volatility occurred in Q1 2019, the Group’s net trading revenue was $12.94 million, up 8.8% compared to Q1 2018.

In the year ahead, Tickmill projects to reach a full-year trading volume of $1400-1500 billion based on organic growth in its key markets in South-East Asia, South America, MENA and GCC region, Africa and Europe.

Commenting on the results, Illimar Mattus, Group CFO, stated:

“In 2018, our Group was nimble enough to further strengthen its financial performance despite the wave of restrictive regulatory measures that were introduced. We will continue to tap into our deep industry expertise and core values of integrity, transparency and professionalism to drive the long-term profitability of our business.”

Group COO, Ingmar Mattus, commented:

“We remain on track for achieving our strategic objectives aiming to become a stronger, more agile and competitive organisation capable of delivering sophisticated products and high-quality service to our global client base.”

“Having broken new records of financial performance in 2018, we are certain 2019 will see us continuing to expand our market share and reinforce our position as one of the fastest-growing financial services providers in the world.”

said Duncan Anderson, CEO of Tickmill UK Ltd.


Source  
Tickmill's Client Celebration Dinner

In recognition of some of our most loyal Clients in Asia, Tickmill hosted a VIP Gala Dinner in Malaysia's capital city, Kuala Lumpur. As a broker who always...

Tickmill Reports Strong Performance

Tickmill Group once again surpasses previous financial records, posting growth in key financial metrics. The unaudited consolidated net profit for the first...

Tickmill MENA Client Celebration Dinner

As a company, Tickmill is always aiming to enhance the experience of our traders through tailoring our services and product portfolio. This time...


Tickmill's Educational Tours

Tickmill is delighted to announce that our "Boosting Your IB Success" and "Practical Tools for Profitable Trading" seminars were heralded as...

Tickmill seminar in Nigeria

We are pleased to announce another successful touchdown in Africa, in Lagos, Nigeria, only a few months after our full-house seminar in Tanzania...

Tickmill Educational Tour in Malaysia!

The Tickmill Global Tour continues, this time taking us to Kuala Lumpur, Malaysia on July 27! With two separate eventsscheduled for both Traders...


Tickmill sponsors NOK Triathlon Team

Tickmill continues its mission to assist athletes in reaching their full potential, by sponsoring the dynamic Kyrenia Nautical Club Triathlon Team in Costa...

Tickmill's Latin America Roadshow

Our technical analyst Carlos Valverde offered attendees a detailed walk-through of the world of forex trading, placing emphasis on...

Tickmill's NFP Machine

Forex traders are a risky bunch. Nothing tickles our senses more than events like NFP - a monthly US labour report that sends the major instruments...

Top 10 Forex Brokers 2019

200+ Forex Brokers
Top 10 Profitable Forex Advisors
The Most Profitable Forex Advisors 2019

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies are integrated into the algorithm of advisers, which will make it possible to earn on the pricing of assets without delving into the subtleties of technical analysis. We present the Top 10 Forex Advisors including Equilibrium, Excalibur, Night Owl...

Top 10 Forex Advisors 2019

All Forex Advisors
TOP 10 Best Forex Trading Platforms
Best Forex Platforms 2019

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets...

Top 10 Forex Platforms 2019

All Forex Platforms