- NAGA Group AG acquires UK-based broker TCUK Ltd, enhancing its regulatory presence across key global financial markets.
NAGA Group AG has announced the acquisition of FCA-regulated broker Trade Capital UK (TCUK) Ltd, strengthening its presence in the UK market.
TCUK, part of TRADE.com’s global operations under Mark Lauterstein, joins NAGA through its holding company, Key Way Group Limited. The deal is currently pending final regulatory approval.
TCUK recorded a 65% revenue drop in 2024, earning just £310K and posting a net loss of £346K. Its total assets fell to £483K by year-end.
Despite the financial decline, the acquisition gives NAGA access to a valuable FCA license, reinforcing its multi-jurisdictional regulatory standing.
