Geneva based Retail FX and CFDs broker Dukascopy has released its 2023 Annual Report and financial results, indicating that top line Revenues and bottom line profits continued to decline during the second half of the year, following what was already a very slow first half of 2023 at Dukascopy.
Revenues at Dukascopy came in at CHF 9.5 million (USD $10.4 million) during 2H-2023, down slightly (by 1%) from 1H-2023, which as we earlier noted was the first time that Dukascopy Revenues dipped below the CHF 10 million level in more than 10 years.
Net Profit at Dukascopy totaled CHF 0.2 million in 2H-2023, down by 72% from CHF 0.9 million in the first half of the year.
By comparison, Dukascopy’s (much larger) Switzerland based rival Read More
