Plus500 broker continues to multiply its numbers and reports impressive financial steps in the latest revenues by quarter.
We have already seen Plus500 Forex Broker overturn $100 million mark in the previous Q2 report and now another 5% has been added on top of it in Q3, totaling to $116.5 million.
Plus500 has brought over 42,000 new traders, which is up by 35% compared to third quarter in 2016. Indeed, the broker shows significant and effective growth lately.
What is next for Plus500? Seems like the broker is ready for more positive opportunities such as licenses and trading features, while maintaining clean reputation and technological innovations. According to the management team, the broker is on track and expects to rise high even further.
Asaf Elimelech, Chief Executive Officer of Plus500, commented:
Our results for the third quarter continued the strong progress of the first half, with record revenue and a record number of new and active customers. With this positive momentum, we are on track to achieve results which are ahead of our expectations for the year as a whole.