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Online trading platform Plus500 expects annual results ahead of market view

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:Online trading platform Plus500 on Monday forecast its annual results to be above market view and also recorded a 13 per cent jump in new customers in the first half of the year.

Trading platforms benefited from increased market volatility during the pandemic and in 2022 following Russia's invasion of Ukraine. Despite a quieter 2023, trading platforms saw a year-end revenue spike due to heightened volatility from the conflict in Gaza.

Plus500 operates a trading platform for financial products including shares, exchange-traded funds , indexes, commodities and currencies across 60 markets in UK, Europe and Asia.

 

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