Fast Track

Strong quarter for Plus500 with record revenue and active customers

18th April 2016 10:12 am GMT

London-listed spread betting and CFD provider Plus500 has posted record revenue of US$85.2m for the first quarter of 2016, with active customers also reaching a new high during the period.

The company said that volatile market conditions were conducive to high levels of customer trading and new sign-ups, helping Q1 revenue increase by 4 per cent versus the same period last year. Revenue was up 26 per cent quarter-on-quarter.

During Q1, Plus500 [...]

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