OANDA Europe profit surges 739% as client strategy offsets market calm

OANDA Europe’s annual profit has soared by 739%, reaching £1.07 million for 2024. The broker credits this eightfold increase to successfully attracting and keeping clients, which offset a general lull in market volatility.

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Revenue for the UK-based subsidiary grew 13% to £18.5 million. Pre-tax profit also saw a massive jump to £1.51 million, up from just £227,336 the previous year.

The results come as the company awaits a major change. In January 2025, the Czech firm FTMO Group announced an agreement to acquire the entire OANDA group. The deal is pending regulatory approval.