The FCA regulated arm of Admirals, Admiral Markets UK Limited, reported strong growth in trading volumes in 2020. The company saw 53% increase in revenue at £10.15 million, compared to £6.62 million the previous year

Admirals UK also registered profit of £730,257 for the year, up 90% from £384,270 in 2019. The active user accounts in the UK division also went up by 80%.

In its financial statement, filed to UK’s Companies House, Admirals also noted that it has closed its offices in Hungary and Latvia. The company’s branches outside of UK now include: Bulgaria, Germany, Croatia Romania, Lithuania, Czechia and Spain.

Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS and Chief Value Officer recently sat down with us to discuss the company’s 20 year anniversary and rebranding. Jens explains how the move signifies that the company is no longer only a Forex & CFD broker but has set broader, more ambitious goals.

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