Plus500 upgrades outlook as new customer numbers surge

Summarised from 2 outlets · Updated 26 Oct, 09:01 · Archive

Trading platform Plus500 has raised its full-year sales and earnings guidance after attracting 28,747 new customers in the third quarter, up 27% year on year.

Trading platform Plus500 has upgraded its full-year sales and earnings outlook, citing strong performance in the first nine months of 2026. Over the three months to September 30, the FTSE 250 group attracted 28,747 new customers, representing a 27% year-on-year increase. Quarterly revenues jumped 11% to $203.2 million (£152.2 million) while underlying earnings rose 7% to $88.4 million (£66.2 million).

Plus500 chief executive David Zruia said the company had 'delivered significant strategic and operational progress in the third quarter and throughout 2026, underpinning strong financial results'. He highlighted expansion of the company's global reach and product suite, which he said 'continued to attract increasing numbers of higher-value customers'.

The upgraded guidance means full-year results are now expected to beat market expectations. Most analysts had pencilled in 2026 revenues of $837.6 million (£627.2 million) and earnings of $358 million (£268.1 million). Plus500 said it had continued pursuing strategic acquisitions, with recently-announced deals to buy broker-dealers in the US and Brazil. The group launched into prediction markets in February, followed by sporting events in June, coinciding with the World Cup football tournament across the US, Mexico and Canada.

How it is being reported

• Plus500 upgrades annual outlook amid jump in new customersThe FTSE 250 group attracted another 28,747 customers over the three months to September 30.Independent Business · 26 Oct, 08:22
• Plus500 upgrades annual outlook amid jump in new customersThe FTSE 250 group attracted another 28,747 customers over the three months to September 30.Evening Standard · 26 Oct, 08:22

In this story: Plus500 · David Zruia · US · Brazil

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