Sun, May 28, 2023

Plus500

Broker News

Saxo Bank’s FX Vol Drops Despite Rising ADV

In February, trading on Saxo Bank experienced an overall reduction of 4.2%, with a total volume amounting to $359.8 billion for the month – and even more significantly, signifying a 14% decrease compared to last year’s numbers! Despite a shorter month, the daily average trading volume on the platform experienced significant growth; it increased to …

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Plus500 website.

Plus500 Ends 2022 with $832M in Revenue.

On Tuesday, Plus500 declared a year-end trading report displaying that the company’s revenue surged to $832 million for the financial year 2022 – an impressive 15.7% YoY growth! Furthermore, the EBITDA of the organization skyrocketed to a remarkable $454 million from an initial figure of $387.1 million. Plus500 hits the revenue target. The financial year …

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