London-listed retail broker Plus500 released its financial results for the first half of 2025 on Monday morning.
The broker saw total revenues of $415.1m for the period, up 4% on last year’s figure of $398.2m.
Second quarter revenues in 2025 were $209.3m. That was a 15% increase on the broker’s Q1 sales, which totalled $182.6m.
The broker said that it onboarded 56,165 new customers in the first half of this year. There were just under 180,000 active clients during the six month period.
Total client deposits also hit a record high of $3.1bn, compared to $1.5bn in the first half of 2024. However, that figure is arguably a bit misleading.
Plus500 has started marketing its US futures business much more aggressively since the first half of last year.
Higher margin requirements and the fact the company takes on B2B clients in the US means that the firm is likely take much higher deposits there, compared to other markets where the Israeli broker only offers CFDs.
Options and futures revenues rising
One of the interesting facts from the financials Plus500 released was the proportion of overall revenues that non-CFD products now contribute to the overall business.
The firm said that exchange-traded products make up approximately 13% of group revenues or just shy of $54m.
Plus500 does offer share dealing in Europe but appears to do almost no marketing of the product. The low fees and uptake would suggest that any contributions from this segment to group revenues is minimal.
Consequently, the only other non-OTC offering the firm has is its US futures business.
Plus500’s Chief Financial Officer Elad Even Chen has said previously that he believes exchange-traded derivatives will eventually represent upwards of 35% of group revenues.
The company plans on further expanding the business line, having acquired Indian equities and derivatives broker Mehta Equities in March of this year for $20m.
