Graeme Watkins

Exclusive: Valutrades shareholders inject £1.6M in new capital

Valutrades reported a £3.8 million loss in 2023, so the current capital injection will help shore up the company’s equity base.

We had exclusively reported earlier this year that Valutrades was laying off a number of staff as a cost-cutting measure.

The capital comes from existing shareholders led by Anil Bahirwani, the founder of Valutrades.

However retail client funds held at Valutrades fell by 26%, from £4.5 million as at year-end 2021 to £3.4 million in 2022.

Retail client funds held at Valutrades continued to rise, coming in at £4,530,431 as at year-end 2021, up 76% from £2,579,493 in 2020.

Harry Campbell-Lamerton resigned as COO of Valutrades last summer to pursue business ventures outside of the CFDs industry.

AMB Megatrend is an FX and commodities investment fund founded and managed by Indonesia based serial FX entrepreneur Anil Bahirwani.