Plus500 Q3 growth: 11% revenue boost an rising active users

Plus500 Q3 growth report: revenue up 11%, active users surpass 121K

Plus500’s Q3 results reveal strong growth, with an 11% revenue increase, a rise in new customer acquisition, and a surge in average deposits. Active users now exceed 121,000 as the trading platform continues its strategic expansion.

Plus500
95
Min. deposit
100$
Max. leverage
1:30
Bonus
Used by
430000+
Min. Spread
Variable
Trading platforms
Own Platform
Web Platform
MetaTrader 4
MetaTrader 5
Deposit methods
Trustly, iDEAL, PayPal, Klarna, Credit/Debit Cards, Skrill
Regulated by
MAS
FCA
FSA Seychelles
CySEC
ASIC
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Plus500 Q3 growth report: revenue up 11%, active users surpass 121K

Plus500 reported robust Q3 growth, with revenue up 11% year-over-year to $187.3 million. The trading platform attracted 21% more new customers, while active users rose 2% to 121,000. Average deposits per active customer surged 17%, reaching $6,150.

 

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EBITDA saw a modest 2% increase to $82.2 million, though the margin fell to 44% as Plus500 invested in new markets. Trading activity spiked, with 14.5 million trades executed, up from 10.1 million in Q3 2023.

Plus500’s balance sheet remains strong with cash reserves of over $950 million, after $75 million in dividends and $53 million in buybacks. A new $110 million buyback program will run until March 2025.

Plus500
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82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.