Finotec Discover Forex News Group: the latest behind-the-scenes insight into all the FX executive moves, platform advancements, regulatory changes, broker results and volumes

Exclusive: YCM Invest (formerly Finotec) sees Revenues collapse 67%, Net Loss in 2022

Revenues at YCM Invest came in at just £767,220 in 2022, versus £2.3 million the previous year, when the company was known as Finotec.

Finotec’s target market is that of Professional Traders, Asset Managers and Hedge Fund Operators.

Finotec’s target market is that of Professional Traders, providing multiple liquidity sources offered via API connections.

It was a holiday-shortened trading week, which also meant a relatively quiet week of Forex Industry News.

Finotec has been transitioning its services to leverage on its Asset Management License, allowing for the management of client money.