FNG Exclusive… FNG has learned via regulatory filings that FCA regulated CFDs and financial spreadbetting brokerage Capital Index (UK) Limited saw a decline in revenues for the fourth consecutive year in 2023, leading to another senior management shakeup at the company.
Capital Index brought in revenue of £1.04 million in 2023, down by 29% from £1.46 million in 2022. As recently as 2019 Capital Index did £2.74 million in revenue. The company posted a net loss of £256,000 in 2023, fairly similar to a £202,000 loss in 2022.
Client money held by Capital Index fell to £3.2 million as at year-end 2023, down from £3.6 million in 2022.
Capital Index (UK) Ltd is an online global financial services provider. The company provides execution only financial Contract For Differences (CFDs) and Spread Bets in a range of instruments including Foreign Exchange, Indices, Commodities and…
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