Bringing you live news and features since 2006 reports 233 per cent client growth in Q1 2021


Trading and investing platform has reported growth in client numbers of 223 per cent during the quarter ended 31 March, 2021, to more than two million users.

In Q1 2021, the number of people who opened an account on for the first time increased by more than 233 per cent compared to Q4 2020. Over the same period, total trading volume across the platform grew by 78 per cent to reach USD82 billion.

The platform’s growth in Q1 was in part driven by the global market rally and rising retail participation in financial markets owing to national lockdown measures. These external factors coupled with’s strengths as a regulated and transparently priced platform enabled the platform to engage with more clients.
“The extraordinary growth on the platform is testament to’s ability to build a strong business that is responsive to wider changes. This is just the beginning for us. Looking ahead, we will continue to deliver solutions and services and make improvements to our platform to empower more people to trade with confidence and ease,” says Jonathan Squires, Chief Executive Officer,
Over the same period, clients also increased their trading activity on the platform. The total number of trades executed by clients increased by 240 per cent in Q1 compared to the previous quarter with notable retail interest in cryptocurrencies. Of the top five most traded assets on the platform in Q1, the first three included cryptocurrency pairs dogecoin/USD, ripple/USD and ether/USD. Derivatives trading on Gamestop and AMC were the other two top traded assets during the period.  By contrast in Q4 2020, ripple/USD was the top traded asset followed by crude oil, gold, Tesla and bitcoin/USD.
“Not all clients are allowed to trade cryptocurrency derivatives but in those markets where it is permissible, there has clearly been a growing interest in the fledgling asset class. However, the volumes traded in crypto derivatives by individual investors are still relatively small,” notes Squires. enables clients to trade more than 3,000 of the world’s most popular indices, commodities, cryptocurrencies, shares and currency pairs through its web and mobile platforms. The platform adheres to a transparent pricing structure with no hidden fees, and clients have access to free education and trading tools, including its all-in-one app to learn finance, Investmate.

Latest News

Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by