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Q2 Results


  • Growth continues (Q on Q results) - revenues: £148,633 (+31.3% Q-on-Q)

  • Continuation of pattern - Pelican AM + B2B majority revenue generators forming revenue base

  • Cost base marginally lower: £62,833/quarter - managed to squeeze lower


Q1 Results


  • Growth continues (Q on Q results) - revenues: £113,138 (+34.25%)

  • Trade volumes/rebates spiked due to exceptional period of volatility

  • Gross user numbers reduced - clearing out of inactive accounts - focus on high quality clients








Q4 Results


  • Rcord Quarterly revenue £84,273 (Q on Q growth 31%)

  • H2 '19 revenue £148,405 (+18% vs. previous half)

  • Broker partners at all time high


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Q3 Results


  • Improved Q on Q results - revenues: £64,132 (+15.31%)

  • Pelican AM proving a valuable revenue stream

  • Cost base down again further: £94,069/quarter


Q2 Results


  • 13 new brokers added to the Pelican network including FX Pro and Axi Trader

  • Cost base down: £100,158/quarter

  • Record results for Pelican AM (auto-copying) - £19,263 revenue


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Q1 Results


  • Record quarterly revenues of £69,643 (+62% on previous quarter)

  • Cost base flat: £122,742/quarter

  • Recorded record month of revenue in Jan: £28,007 (+505% vs Jan ‘18)





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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investors lose money when trading CFDs
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.



Spread betting and CFD trading are leveraged products and as such carry a high level of risk to your capital which can result in losses greater than your initial deposit. These products may not be suitable for all investors. CFDs are not suitable for pension building and income. Ensure you fully understand all risks involved and seek independent advice if necessary.
Pelican Trading is a trading name of London & Eastern LLP. London & Eastern is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 534484. London & Eastern is registered in England & Wales, registered office at 85 Great Portland Street, First Floor, London, W1 W7LT, company number OC345870.
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