EC Markets UK Turnover Nears Doubling

EC Markets Group Ltd, the UK entity of EC Markets, almost doubled turnover to $6,319,322 in 2025, but the filing classes all of it as management services. Profit for the year was $986,885, against $513,869 in 2024, according to full audited accounts to 31 December 2025 filed at Companies House yesterday.

Turnover was $3,235,620 in the prior year. The company reported in US dollars and averaged 18 employees including directors over 2025, up from 11.

The filing describes the company as authorised and regulated by the FCA. Adam Saward, Managing Director, signed the accounts on 27 April 2026. The directors’ strategic report separates the regulated brokerage activity from a fixed-fee service line:

The company’s principal activity during the period continued to be that of an execution only brokerage for CFD’s and rolling spot forex, authorised and regulated by the FCA. Additionally, the Company performed risk management services for an affiliated regulated broker for a fixed monthly fee that created an unregulated income stream.

EC Markets Group Ltd directors’ strategic report

Operators should therefore be cautious about reading the numbers as a surge in UK retail CFD clients, since the filing classes all turnover as management services. The accounts cover this one entity, not the wider group.

Costs rose as well. Administrative expenses rose to $3,412,436 from $1,641,747, and staff costs to $1,764,234 from $913,275. Operating profit was $1,012,349, against $614,622 a year earlier.

Net assets stood at $2,580,140 (2024: $1,593,255), with an accumulated deficit of $9,603,722 still on the books. The directors base the going-concern assessment on support from parent EC Markets Global Ltd for at least 12 months. Azets Audit Services gave an unqualified opinion and reported no material uncertainty on going concern.

The strategy section matters more for competitors. The board approved a model presented by Saward to move the UK operation towards a proprietary investment app and trading platform for stocks and ETFs, across General Investment Accounts, ISAs and SIPPs. The directors’ statement in the filing refers to FCA approval of the required permissions.

As of the 27 April 2026 signing, the accounts projected a relaunch in summer 2026, and said acquiring clients under the current model has been strategically minimised. A UK-regulated CFD broker moving towards investment wrappers is a competitive shift for UK retail brokers to watch.