The UK unit of Axi, a contracts for difference (CFDs) broker, generated a net profit of almost $10.2 million in the fiscal year ended on 30 June 2025, a jump of 320 per cent from the previous year’s $2.4 million.A Solid Revenue Boost for Axi UKThe substantial profit was tied to the company’s revenue rise, which increased to $59.3 million from almost $38 million a year ago. That was a year-on-year increase of 56 per cent.Although sales and administrative costs rose, the company’s operating profit came in at $9 million, up from over $1.4 million. Its interest income also doubled to almost $4 million.Read more: 74 Brokers in the UK Can Offer CFDs to Retail ClientsIn the UK, the broker’s offering is broadly in line with its international offerings of forex and CFDs, but with limited leverage as per the norms of the country. It also offers spread betting to British residents, which is a tax-free trading product there.The latest Companies House filing also highlights that the UK entity, Axi Financial Services (UK) Limited, is a direct subsidiary of the Australia-based AxiCorp Financial Services and also has three subsidiaries related to One Financial Markets, which Axi acquired in 2018.[#highlighted-links#]Client Activity Has Surely IncreasedThe UK unit did not specify the direct reason behind the jump in revenue; however, it did mention an increase in client money balances on its platform. The average month-end client money balance at the end of the fiscal year was $20.6 million, compared to $19.3 million in the previous year. The highest month-end balance during this period was $25.6 million.FinanceMagnates.com earlier reported that the Australia-headquartered broker hired Andrea Rebusco as the regional head for the UK, EU, and LATAM, signalling its focus on these three markets.Interestingly, Axi also joined the group of other large CFD brokers like IG and Pepperstone to offer physical cryptocurrency trading to its clients. Earlier this year, it launched a new crypto service called Axi Buy Crypto, allowing clients to buy, sell, or hold cryptocurrency directly on the platform.This article was written by Arnab Shome at www.financemagnates.com.