Trading 212 reported strong financial and operational growth in the United Kingdom in 2025, with revenue rising 72 per cent to £277.6 million. The broker’s pre-tax profit more than doubled to £123.1 million from £52.9 million a year earlier, while net profit reached £92.2 million.
Revenue Composition and Business Model
The broker operates a dual offering of contracts for differences (CFDs) and stock trading. Its CFD income is generated from market making, spreads, and overnight financing. Under its zero-commission stock trading model, Trading 212 earns from foreign exchange conversion and, in part, from interest on invested client cash.
Out of the total 2025 revenue, almost £257 million came from trading activities, with a further £20.6 million generated from client interest income. The company also reported £1.68 million in revenue from its debit cards. It did not disclose how much of the trading revenue was derived from its legacy CFDs business versus its newer stock trading operations.
The latest revenue increase followed a 55 per cent rise in the previous year. Trading 212 stated that this trajectory "continues to demonstrate the increasing popularity of technology-based trading and wealth-building apps that allow the 'new' generation to manage their financial portfolios using tech that is both familiar to them, whilst removing significant costs of both entry and ongoing transaction-based costs."
Growth in Users and Client Assets
Non-financial indicators also showed substantial expansion in 2025. The number of funded accounts on the platform rose by 69 per cent over the year. The average number of monthly active users increased by 84 per cent, indicating higher engagement across the client base.
The total value of client money and assets combined jumped by 140 per cent, underscoring the growing scale of Trading 212’s retail trading and investment operations in the UK market.
Rising Costs and Headcount Expansion
The company’s expenses increased alongside its revenue growth. Administrative expenses climbed 44 per cent to £163 million. Advertising and marketing spending reached almost £51.5 million, up from £39.5 million in the previous year, reflecting continued investment in customer acquisition and brand visibility.
Staff costs almost doubled to £15.8 million as Trading 212 expanded its workforce. The broker ended 2025 with 122 employees, compared with 53 a year earlier, indicating a significant hiring drive to support its growing operations and customer base.
