Trading 212 UK Limited reported revenue of £161.7 million for the year ended Dec. 31, 2024, a 55% increase from £104.1 million in the prior year, according to accounts filed with Companies House.
The FCA-regulated stockbroking and CFD trading platform posted profit before tax of £52.9 million, up 37% from £38.7 million in 2023. Profit after tax rose 31% to £39.7 million from £30.4 million.
Revenue comprised £150.1 million from investment brokerage services and £11.6 million in net client interest income. The company operates a zero-commission model for stockbroking, earning fees when clients trade in currencies different from where their cash was deposited, while also retaining a portion of interest earned on uninvested client money.
Administrative expenses increased 59% to £113.3 million, driven primarily by advertising and marketing costs of £39.5 million, up from £18.1 million. Staff costs rose to £8.1 million from £6.8 million as headcount increased to an average of 53 employees from 34.
Net assets grew 20% to £156.2 million from £130.1 million. The company held £6.94 billion in segregated client money bank accounts at year end, up from £391.2 million, with client custody assets valued at £6.57 billion compared to £2.97 billion.
Directors recommended and paid dividends of £13.6 million during the year, compared to £20.4 million in 2023. Post-period dividends totaling £4 million were paid in March 2025.
