Published by Global Banking & Finance Review®
Posted on April 20, 2026
2 min readLast updated: April 20, 2026
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Plus500’s Q1 2026 customer income jumped 53% year‑on‑year to $270.6m, fueled by strong engagement, US expansion into consumer prediction markets, and volatile markets. The company foresees full‑year 2026 revenue and core profit surpassing consensus of $779.3m and $360.4m.
April 20 (Reuters) - Plus500 on Monday posted a surge in customer income in the first quarter as it expanded into U.S. consumer prediction markets and heightened market volatility drove demand across its global trading platforms.
The Israel-based multi-asset trading platform also said it expects full-year 2026 revenue and core profit to exceed market expectations, which currently stand at $779.3 million and $360.4 million, respectively, according to a company compiled consensus.
• Customer income increased 53% year-on-year to $270.6 million in the first-quarter ended March 31, reflecting higher engagement and trading activity
• Overall revenue rose 18% to $242.1 million in the quarter, driven by growth across both OTC and non-OTC businesses
• Plus500 launched its U.S. consumer prediction markets offering in February and expects to roll out an enhanced version in the second quarter
• The US business's revenue grew approximately 45% year-on-year to around $35 million
• The company completed its acquisition of Indian futures broker Mehta Equities in February, gaining access to one of the world's largest retail derivatives markets
• Shares in the company have risen 25.8% so far this year
(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Janane Venkatraman)
Plus500's customer income increased 53% year-on-year to $270.6 million in the first quarter ended March 31.
Revenue growth was driven by expansion into the US consumer prediction markets, heightened market volatility, and increased trading activity.
Plus500 completed the acquisition of Indian futures broker Mehta Equities in February.
Shares in Plus500 have risen 25.8% so far this year.
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