Revenue at Plus500 has increased by 13% quarter-on-quarter in Q1 2025, reaching $205.8m.

The global multi-asset fintech group revealed in a Q1 trading update that its customer income increased by 3% in the three months to 31 March 2025, to $176.3m.

Furthermore, the firm’s EBITDA jumped by 23% quarter-on-quarter to $93.8m, equating to an EBITDA margin of 46%.

Plus500 added that its financial position "remained strong" with cash balances above $885m as of 31 March 2025.

The firm is also looking to expand its future global futures offering, following the acquisition of Indian firm, Mehta Equities Limited.

Chief executive officer at Plus500, David Zruia, said: "Plus500 has made a strong start to the year achieving strategic progress across several important pillars of growth. Our futures business continued to expand with the recent acquisition of Mehta Equities in India, which will enable us to deliver valuable synergies with our US futures business as we continue to establish our global futures offering.

"With the excellent start we have made in 2025, the board anticipates that the FY 2025 results will be ahead of current market expectations."

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