FinanceMagnates
OANDA Europe, the UK-based subsidiary of the OANDA brokerage
group, has released its financial results for the fiscal year ending 2023. The
company reported a turnover of £16.32 million, a slight decline from £16.85
million in the previous fiscal year.“Despite lower market volatility in 2023, the Company
achieved similar financial performance to 2022 due to improvements in client
acquisition and retention,” the Companies House filing of the firm stated.Financial Performance OverviewNet profit for the fiscal year was £127,831…
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OANDA Europe Reports £16.3 Million Turnover, Net Profit Drops to £127.8K
OANDA Europe, the UK-based subsidiary of the OANDA brokerage group, has released its financial results for the fiscal year ending 2023. The company reported a turnover of £16.32 million, a slight decline from £16.85 million in the previous fiscal year.“Despite lower market volatility in 2023, the Company achieved similar financial performance to 2022 due to