Plus500 : results 2017, significantly above expectations
Plus500 has released an update of its activities semi-annually. The precise figures will be released at the beginning of the month of August, Plus500 has announced that its revenues and profits for the full year are on track to be significantly above market expectations. The other interesting point is the cost of acquiring users is in decline, despite the competitiveness of the market in the United Kingdom.
As regards the announcements made by the FCA and ESMA on the 29th of June, Plus500 welcomes a coordinated approach of regulators and rules of conduct consistent across all european jurisdictions. The company supports regulatory changes that will enable the industry to become more sustainable, with providers that comply. Plus500 maintains a business model very flexible, which should allow him to become one of the leaders in the sector.
