Plus500 raises outlook as first quarter income jumps
Plus500 raised its annual profit forecast after first quarter customer income rose 53 percent. Growth was driven by US expansion and market volatility.
The United Kingdom-listed trading platform PLUS500 LTD reported a significant surge in customer income during the first quarter of 2026. This growth was primarily fueled by the company's strategic expansion into the United States consumer prediction markets and heightened market volatility, which stimulated trading activity across its global platforms.
The Israel-based multi-asset trading firm announced that customer income rose 53% year-on-year to $270.6 million for the period ending March 31. This increase reflects higher engagement levels among its user base. Overall revenue for the quarter climbed 18% to $242.1 million, driven by growth in both its over-the-counter and non-OTC business lines.
