The broker achieves landmark inclusion in the STOXX Europe 600 Index, driving the stock price to a new ATH of 2,760 pence.
The company's performance includes $2.3 billion in shareholder returns since IPO and a $900 million cash position with zero debt.
Inside Plus500 office; Photo: Plus500
Plus500 (LSE:
PLUS) will join the
STOXX Europe 600 Index effective January 17, 2025, marking the latest milestone
for the multi-asset trading platform provider. The announcement coincided with
the company's shares reaching 2,770 pence on the London Stock Exchange,
establishing a new all-time high.
Plus500 Joins European
Benchmark Index
The
London-listed company has demonstrated consistent financial performance since
its initial public offering in 2013, distributing approximately $2.3 billion in
shareholder returns. This track record has positioned Plus500 as the leading
performer on the FTSE All-Share Index on a total return basis through December
2024.
Financial
statements reveal a robust balance sheet structure, with the company
maintaining approximately $900 million in cash and cash equivalents as of
December 31, 2024, while carrying no debt.
David Zruia, CEO of Plus500
"Plus500's
inclusion in the STOXX Europe 600 Index for the first time is a significant
milestone for the Group and serves as an important recognition for the
compounding value creation we have delivered in recent years,” David Zruia, the
CEO of Plus500, commented.
The STOXX
Europe 600 Index stands as one of Europe's most prestigious and comprehensive
stock market benchmarks, tracking 600 companies across 17 European countries. It
encompasses approximately 90% of Europe's free-float market capitalization,
representing a diverse mix of large, mid, and small-cap companies.
“With the
Group's robust fundamentals, disciplined approach to capital allocation and
strong cash generation, we look forward to continuing to execute against our
strategic roadmap objectives and to delivering attractive and sustainable
returns for our shareholders."
The news
was well-received by investors, with Plus500 shares rising to new all-time
highs of 2,770 pence at the opening of the LSE on Thursday. At the time of
writing, however, they have modestly corrected by just under 0.1% and are
currently trading at 2,744 pence.
Source: Tradingview.com
Revenue Exceeds “Market
Expectations”
The
announcement comes just days after Plus500 disclosed its 2024 financial
performance, reporting revenue of approximately $768 million and EBITDA of
about $342 million. The broker highlighted these results as
demonstrating "strong financial and operational results," with
revenue significantly exceeding market expectations.
However,
when compared to previous numbers, the broker's fourth-quarter revenue of
$182.5 million was slightly below the $189.6 million recorded in the same
quarter of the previous year. Additionally, it fell short of the $187.3 million
generated in the third quarter of 2024.
According
to a recent analysis by Finance Magnates, London-listed retail brokers
generally demonstrate strong profitability, with some variation. IG Group (LON:
IGG) and Plus500 frequently report robust pre-tax profits, often in the triple
digits, while CMC Markets (LON: CMCX) typically reports lower profitability
figures.
Plus500 (LSE:
PLUS) will join the
STOXX Europe 600 Index effective January 17, 2025, marking the latest milestone
for the multi-asset trading platform provider. The announcement coincided with
the company's shares reaching 2,770 pence on the London Stock Exchange,
establishing a new all-time high.
Plus500 Joins European
Benchmark Index
The
London-listed company has demonstrated consistent financial performance since
its initial public offering in 2013, distributing approximately $2.3 billion in
shareholder returns. This track record has positioned Plus500 as the leading
performer on the FTSE All-Share Index on a total return basis through December
2024.
Financial
statements reveal a robust balance sheet structure, with the company
maintaining approximately $900 million in cash and cash equivalents as of
December 31, 2024, while carrying no debt.
David Zruia, CEO of Plus500
"Plus500's
inclusion in the STOXX Europe 600 Index for the first time is a significant
milestone for the Group and serves as an important recognition for the
compounding value creation we have delivered in recent years,” David Zruia, the
CEO of Plus500, commented.
The STOXX
Europe 600 Index stands as one of Europe's most prestigious and comprehensive
stock market benchmarks, tracking 600 companies across 17 European countries. It
encompasses approximately 90% of Europe's free-float market capitalization,
representing a diverse mix of large, mid, and small-cap companies.
“With the
Group's robust fundamentals, disciplined approach to capital allocation and
strong cash generation, we look forward to continuing to execute against our
strategic roadmap objectives and to delivering attractive and sustainable
returns for our shareholders."
The news
was well-received by investors, with Plus500 shares rising to new all-time
highs of 2,770 pence at the opening of the LSE on Thursday. At the time of
writing, however, they have modestly corrected by just under 0.1% and are
currently trading at 2,744 pence.
Source: Tradingview.com
Revenue Exceeds “Market
Expectations”
The
announcement comes just days after Plus500 disclosed its 2024 financial
performance, reporting revenue of approximately $768 million and EBITDA of
about $342 million. The broker highlighted these results as
demonstrating "strong financial and operational results," with
revenue significantly exceeding market expectations.
However,
when compared to previous numbers, the broker's fourth-quarter revenue of
$182.5 million was slightly below the $189.6 million recorded in the same
quarter of the previous year. Additionally, it fell short of the $187.3 million
generated in the third quarter of 2024.
According
to a recent analysis by Finance Magnates, London-listed retail brokers
generally demonstrate strong profitability, with some variation. IG Group (LON:
IGG) and Plus500 frequently report robust pre-tax profits, often in the triple
digits, while CMC Markets (LON: CMCX) typically reports lower profitability
figures.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
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In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
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Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
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We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
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Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
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We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
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Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
