plus500
The Forex Industry Battles EUR/CHF Meltdown: Real Time Updates
- Forex Magnates provides a breakdown of the EUR/CHF crash's impact on the FX industry. See how much each broker lost, who is looking to take over failing competitors and who is looking to get bought out of the market.
Sunday, 18/01/2015 | 16:41 GMT by
Avi Mizrahi
GAIN Capital and Plus500 Report ‘No Material Impact’ from Swiss Franc Volatility
Thursday, 15/01/2015 | 21:05 GMT by
Ron Finberg
Bitstamp Stoppage Effects Felt by Merchant Processors, CFD Providers
Tuesday, 06/01/2015 | 09:17 GMT by
Leon Pick
How Did FXCM, Gain Capital, PLUS500 and IG Group Do in 2014?
- While global stock markets are finishing the year on a positive note, Forex Magnates is exploring how did publicly traded brokers from the industry finished trading after dealing with a tough first half of 2014.
Tuesday, 30/12/2014 | 14:59 GMT by
Victor Golovtchenko
Who Partnered with Arsenal and Which Broker's Revenue Soared? Read Our Best Stories of the Week
- Forex Magnates spotlights the recent global industry’s news you must know all about, from changes undergoing at Australian brokers to regulators joining forces to offer a dual gambling/financial licence and more.
Sunday, 26/10/2014 | 10:54 GMT by
Avi Mizrahi
Breaking: Plus500 Ltd Reports Revenues Higher by 23% QoQ to $56.2m, Shares Soar 9%
- While average acquisition costs per user remained flat at $1005 per customer, the average revenue per user increased by 15% during the quarter, as the number of new clients rose by 17% and revenues totaled
Wednesday, 22/10/2014 | 06:54 GMT by
Victor Golovtchenko
Who Got Banned in Australia and How Many Traders Lost? Read Our Best Stories of the Week
- Forex Magnates spotlights the recent industry’s news you must know all about this week, from a global broker changing its pricing model in a couple of countries to a British CFD broker gaining a license in Cyprus.
Sunday, 19/10/2014 | 09:24 GMT by
Avi Mizrahi
Plus500 Granted CySEC License to Provide Financial Services in Cyprus
- Following an exclusive report on the broker opening office on Cyprus in August, Plus500 has been officially approved by the CySEC watchdog as an investment firm, following the assistance of consultant Map S.Platis.
Tuesday, 14/10/2014 | 09:22 GMT by
Adil Siddiqui
IPO Is the Forex Industry's Holy Grail. Do You Have What It Takes?
- With almost every major player either considering an IPO or having embarked on its path, Forex Magnates’ London Summit hosts key professionals to share everything you need to know about going public.
Monday, 29/09/2014 | 13:18 GMT by
Avi Mizrahi
Shares of Plus500 Ltd Close Down 8% after 'The Times' Report Alleges an FCA Review
- According to the report, the review comes after competitors of the Israeli company raised the issue with the FCA, while the firm stated to the newspaper that it is fully compliant with existing regulatory framework.
Monday, 22/09/2014 | 21:07 GMT by
Victor Golovtchenko
Equity Investors Betting on Volatility Continuing as FXCM and GAIN Capital Shares Rallying
- Nothing like a little some volatility to raise the spirits of everyone in the forex industry. Investors have also jumped on the volatility bandwagon, having pushed up prices for FXCM and GAIN Capital.
Tuesday, 16/09/2014 | 13:51 GMT by
Ron Finberg
Plus500 Receives Favorable Shareholder Withholding Tax Ruling from Israel Tax Authority
- Providing an easier solution for non-Israeli citizens to be subject to reduced withholding tax rates, Plus500 has announced a tax ruling it has received from the ITA to benefit the broker's shareholders.
Tuesday, 16/09/2014 | 07:11 GMT by
Ron Finberg
Exclusive: Explaining Plus500’s Rising Acquisition Costs and New Tax Rulings
- Forex Magnates speaks with Elad Even-Chen of Plus500 to discuss his company's recently released H1 financials that showed both top and bottom line increases, but also Q2 acquisition costs rising.
Monday, 25/08/2014 | 06:00 GMT by
Ron Finberg
Plus500 Announces Interim Results: Q2 2014 Revenues down 25%, H1 Still Plus 138% YoY
- Plus500 revenues have shed 25% in the second quarter of 2014 coming out at $45.5 million, as the firm has reported that profits have totaled $53.8 million, which is higher by 249% when compared to last year.
Wednesday, 13/08/2014 | 06:40 GMT by
Victor Golovtchenko
Quebec's AMF Issues Warning against Unauthorized Activity of 24 Companies in Canada
- Canada’s Autorité des marchés financiers (AMF) has issued a warning to Quebec investors about the use of forex and binary options platforms, specifically citing 24 companies that are presently unauthorized in Canada.
Tuesday, 12/08/2014 | 17:17 GMT by
Jeff Patterson
Breaking: Plus500 Aims towards Cyprus, Takes First Recruiting Steps
- Forex magnates has learned that the FCA regulated broker has commenced conducting interviews in Cyprus. The company has declined to confirm the report, stating that no hiring has yet occurred in the FX hub.
Monday, 11/08/2014 | 16:31 GMT by
Avi Mizrahi
Chris Gibson-Smith to Step down as Chairman of London Stock Exchange Group
- The London Stock Exchange Group (LSE), the world’s fourth-largest exchange by market capitalization, has announced that longtime Chairman Chris Gibson-Smith will step down at the end of December 2015.
Wednesday, 16/07/2014 | 21:36 GMT by
Jeff Patterson
Plus500 Shares Keep Falling on Overall Broker Weakness, Odey Asset Management a Buyer
- Shares of FCA regulated online forex and CFD broker, Plus500 (PLUS.L) continued to fall today following yesterday’s plunge. At a low of 345, shares fell 5% today, and have fallen over 100p since Friday’s high.
Tuesday, 15/07/2014 | 10:40 GMT by
Ron Finberg
Plus500 Q2 Trading Update, “Profits and Revenue above Expectations”
- Plus500 has issued its Trading Update for the financial quarter, ending June 30th. According to the firm, both revenue and profits are expected to beat expectations, even as market activity has been subdued.
Tuesday, 01/07/2014 | 06:44 GMT by
Ron Finberg
Is an Infamous UK Short Seller behind Plus500 Stock Drop, Calling It “a Scam”?
- Forex Magnates discovered that British stock commentator Simon Cawkwell, known as "Prophet of the Plunge", sent an alarming message to his tipping service subscribers just before Tuesday's 13% decline.
Thursday, 26/06/2014 | 13:00 GMT by
Avi Mizrahi
Plus500 and GAIN Capital Shed Market Cap in Wild Trading on Tuesday
- Shares of publicly traded UK based brokerage Plus500 have experienced a wild ride in Tuesday trading, with the company's market capitalisation shrinking by more than $150 million while GAIN Capital shrank by $30 million.
Wednesday, 25/06/2014 | 08:14 GMT by
Victor Golovtchenko
Are Bitcoins the New Chinese Yuan for Forex Brokers?
- Are Bitcoins the New Chinese Yuan for Forex Brokers? While a broker may have no interest in whether bitcoins have a real value or not, price charts with multi-percentage daily swings are attention grabbers, .
Tuesday, 20/05/2014 | 15:59 GMT by
Ron Finberg
OANDA Officially Opens Its Australian Office, Targets Doubling of Market Share in 2014
- OANDA has ambitiously set on a course to expand in the vastly populated Australian forex market, by launching officially its physical office, headed by Managing Director Louis Cooper coming from CMC Markets.
Wednesday, 14/05/2014 | 06:33 GMT by
Victor Golovtchenko
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