Retail FX and CFD broker Plus500 Ltd (LON:PLUS) today announced its trading update for the six months ended 30 June 2025.

Revenue in H1 2025 increased by 4% to $415.1m (H1 2024: $398.2m) and EBITDA grew to $185.1m, equating to an EBITDA margin of 45% (H1 2024: $183.9m and 46%).

The Group successfully onboarded 56,165 New Customers in H1 2025 (H1 2024: 56,759), including 29,268 in Q2 2025 (Q2 2024: 24,810) and Active Customers were 179,931 (H1 2024: 175,909), including 132,602 in Q2 2025 (Q2 2024: 123,803). Customer deposits of $3.1bn (H1 2024: $1.5bn) was a record high for a six-month period.

In H1 2025, Plus500 delivered meaningful progress on a number of important initiatives as its positive momentum accelerated.

The strategic highlights include:

• The Group’s growing futures business performed extremely well, with non-OTC revenue representing approximately 13% of total Group revenue during the period, highlighting the successful diversification of the Group’s operations into the US futures market.
• The futures business was further supported with a new clearing membership with ICE Clear US, allowing the Group to expand its holistic product and service offering to futures customers.
• The conditional acquisition of Mehta Equities Limited in the period, subject to the receipt of certain regulatory approvals and other closing conditions, represents a major milestone that aims to boost Plus500’s presence in the global futures market, providing access to the largest retail futures market in the world, and creating synergies between the Group’s existing operations in the US futures market.
• Geographic expansion with a new regulatory licence in Canada and an additional licence in the UAE, which has already enabled Plus500 to enhance its localised offering in the UAE and expand its product in this strategically important market to capture the revenue opportunity.

During H1 2025, Plus500 announced shareholder returns of approximately $200m through dividends and share buybacks, supported by its strong financial position. Cash balances remained strong at over $925m as of 30 June 2025.

David Zruia, Chief Executive Officer of Plus500, commented:

“Plus500 delivered further operational and financial progress in H1 2025. We expanded our global presence with new regulatory licences in Canada and the UAE, added to our growing list of clearing memberships with ICE Clear US and announced the exciting acquisition of Mehta Equities in India, which will provide us access to the largest retail futures market in the world. This progress is underpinned by our proprietary technology which drives our global business model and supports our relentless focus on innovation and growth, enabling the Group to deliver compounded returns through the cycle.”