Capital.com’s trading volume grows 36% in the first quarter of 2022

Despite the heightened risk climate, trading volume increased by 36% compared to the previous three months to a new record
Capital.comthe high-growth global trading and investment platform, today announced its results for the first quarter ended March 31, 2022. A total of $270 billion was traded on the platform during that period, up 36% sequentially.
During the same period, the platform’s user base grew by 27% with over 1 million new accounts created in the first quarter of 2022. More than five million people have now registered with Capital.com. More than 345,000 traders have executed trades and more than 78,000 of those are active monthly.
Despite the heightened risk, clients increased their trading activity on the platform by 43% sequentially. According to David Jones, Chief Market Strategist at Capital.com, traders saw the increased volatility as an opportunity: “There’s nothing like volatility to get traders into the markets and we obviously had buckets of that in the first quarter of the year. Gold and oil were particularly active markets as Russia invaded Ukraine – from its year-to-date high oil prices are up 70% and we’ve been there less than three months. As the quarter drew to a close, it seemed as though stocks were market investors taking the uncertainty more seriously, and we saw at least some of the earlier losses of 2022 being reclaimed. Whether they continue to buy the dip over the next quarter remains to be seen – but from a geopolitical and market standpoint, Q1 2022 will not be a quarter investors will soon forget.”
The five most traded assets by volume across the group during the quarter were crude oil, the NASDAQ index, gold, BTC/USD and the DAX index. Crypto derivatives are available to retail clients who book with Capital Com (UK) Ltd. are registered are not available.
Kypros Zoumidou, Managing Director, UK of Capital.com, commented on the results: “Our pace of growth has shown no signs of slowing down through 2022. This was a strong quarter for us in terms of both new accounts created and volume traded. These results demonstrate how we are successfully making trading and investing more accessible with cutting edge technology, good prices and education. This is the start of an exciting journey for us and we plan to offer more products and services to our global customer base.”
With offices around the world, Capital.com enables clients to trade derivatives on more than 6,000 of the world’s most popular indices, commodities, cryptocurrencies (not available to UK retail clients), stocks and currency pairs. In addition to its web and mobile-based platforms, Capital.com also offers clients access to free educational and trading tools to help them improve their trading knowledge.
https://techround.co.uk/business/capital-coms-trading-volumes-grow-by-36-in-q1-2022/?utm_source=rss&utm_medium=rss&utm_campaign=capital-coms-trading-volumes-grow-by-36-in-q1-2022 Capital.com’s trading volume grows 36% in the first quarter of 2022