Fri, August 19, 2022

Capital.com Records a 229% YoY Rise in Q1 Trading Volume.

Capital.com Records a 229% YoY Rise in Q1 Trading Volume.

Capital.com, a leading online brokerage, announced that its trading volume surged 36% in the Q1 of 2022 compared to the previous quarter and more than 229% year-over-year. The impressive growth was attributed to increased market volatility, which triggered a rush among retail traders.

“There’s nothing like volatility to attract investors to the market, and we certainly had that in spades in the first three months of this year,” said David Jones, Chief Market Strategist at Capital.com

This substantial increase in trading activity has resulted in Capital.com adding more than a million new trading accounts over the past year. The London-based broker now serves clients in over 180 countries and offers a wide range of assets, including forex, cryptocurrency, stocks, and commodities.

Retail Activities

The massive surge in the trading activities on a significant retail platform was supported by a substantial increase of traders on the platform. The new traders brought the total number of accounts on the platform to more than five million.

The broker revealed that the trading activities on its platform have increased by 43% in the last three months, despite heightened risks in the markets.

“The markets were active as Russia invaded Ukraine. At its highest, oil was up 70% for the year so far,” Jones added.

As the quarter drew to a close, it did appear as if stock market investors were taking the uncertainty more in stride, with at least some of the earlier 2022 losses being reversed.

Whether they will continue to buy the dip next quarter is uncertain; however, from a geopolitical and financial standpoint, it will not be one that investors will forget anytime soon.

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