[ccpw id="5"]

Home.forex news reportCapital.com Hits $1.7 Trillion Trading Volume in 2024, Led by Middle East...

Capital.com Hits $1.7 Trillion Trading Volume in 2024, Led by Middle East and Europe

-


Capital.com has reported substantial growth across its
platform in 2024. Total trading volumes on the platform exceeded $1.7 trillion,
representing a 33% increase compared to the previous year. This growth was
accompanied by a notable rise in the number of trades executed, which increased
by over 20%.

Capital.com Sees Growth in Key Regions

“Capital.com’s higher trading volumes and strong client
engagement in 2024 marks a milestone in our evolution as a high-growth trading
platform,” commented Christoforos Soutzis, Chief Executive Officer,
Capital.com Europe.

The majority of trading volumes originated from clients in
the Middle East and Europe. These regions contributed significantly to the
platform’s overall performance, highlighting their growing engagement with
Capital.com’s trading services.

“This consistent and strong growth puts us in good
stead to offer more products and add new features to our platform, further
empowering our clients to make better financial decisions,” Soutzis added.

Capital.com Partners with Amazon, Launches Bug Bounty
Program

Meanwhile, Capital.com’s
UAE branch has partnered with Amazon
to promote its services in Dubai.
Through this collaboration, over 500,000 Amazon customers will receive a
Capital.com-branded box, offering them a chance to enter a raffle for AED 1
million (approximately $272,000).

This partnership positions Capital.com as the first
brokerage in the region to work with Amazon. Tarik Chebib, CEO of Capital.com
in the Middle East, announced the initiative on LinkedIn, noting the
distribution of branded boxes to Amazon customers in Dubai.

He also expressed appreciation for Amazon’s support in this
collaboration. Additionally, Capital.com began advertising on Emirates in Q4,
expanding its marketing reach.

Separately, Capital.com
launched a public bug bounty program
hosted on the Intigriti platform. This
initiative is part of the company’s efforts to enhance platform security and
protect user data, as reported by Finance
Magnates
.

The program invites security researchers and ethical hackers
worldwide to identify and report potential vulnerabilities, with cash rewards
based on the severity of their findings. Capital.com aims to strengthen its
cybersecurity measures and promote a collaborative approach to continuous
improvement.

This article was written by Tareq Sikder at www.financemagnates.com.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Oligarch-linked telecoms group to float Ukraine’s Kyivstar on Nasdaq

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A telecoms group with ties to...

Trading 212 Starts Onboarding New Users in Germany Through Acquired FXFlat Bank

FXFlat Bank, now under Trading 212, has begun offering commission-free trading services in Germany. With local regulation and full BaFin licensing, the company aims to offer...

Nvidia stock falls after Biden administration releases updated export rule for AI chips

Nvidia (NVDA) stock fell as much as 3% early Monday after the Biden administration released an updated export rule aimed...

Exinity Group COO Matthew Wright and Two Other Executives to Step Down

How Modern Consumer Habits Are Transforming Global Payments How Modern...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img