Pepperstone UK, a subsidiary of Pepperstone Australia, has been expanding its offerings by introducing 150 new products across various asset classes, including shares, cryptocurrencies, and exchange-traded funds, totaling over 1200.

The company generates revenue through commissions, swaps, and spreads on CFDs and spread bets. This diverse revenue stream reflects an upward trajectory aligned with positive client trends.

Pepperstone Profit in 2022

In the fiscal year 2022, Pepperstone UK witnessed a substantial profit increase, but they fell short of the pandemic-era records. The ASIC-regulated brokerage reported a 128% profit rise, reaching £4.6 million by June 30th. However, this still lags behind the impressive £7.7 million profit in 2020.

While Pepperstone's 2022 trading revenue surged by 36% to £10.7 million, it remains in the shadow of the peak revenue of £12.7 million in 2020, as recorded by UK Companies House. Although the numbers improved from £7.9 million in 2021, the exceptional performance of 2020 is a challenging benchmark to surpass.

The company's balance sheet saw a remarkable 100% increase, climbing from £14.4 million to £28.9 million in 2022, primarily attributed to clients' funds securely held within segregated accounts on its platform.

"The European clients now trade with other regulated Pepperstone entities, namely Pepperstone EU Limited regulated by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and Pepperstone GMBH regulated by the Federal Financial Supervisory Authority in Germany (BaFin)," the brokerage explained.