Trade Plus500 Ltd - PLUSgbp CFD

Plus500 Company profile

About Plus500 Ltd

Plus500 Ltd is an Israel-based company that develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its online trading platform allows its customers to trade CFDs on over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs), crypto currencies and foreign exchange. The Company enables individual customers to trade CFDs in more than 50 countries. The trading platform is accessible from various operating systems, such as Windows, iOS, Android, and Surface, as well as Web browsers.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Plus500 Ltd revenues decreased 18% to $718.7M. Net income decreased 38% to $310.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Financial income decrease of 37% to $10.4M (income), Financial expenses - Balancing value increase of 25% to $8.4M (expense).