Key facts: Plus500 Ltd. users +10%, record deposits; buys Hedge & Guru
Plus500 Ltd. (PLUS) reported a 27% increase in new customers, 10% more active users, and record Q3 deposits of $1.9B. The company also announced plans to acquire US broker-dealer Hedge and Brazil broker-dealer Guru, funded by existing cash. According to the London Stock Exchange, Plus500 has a 44% EBITDA margin, $775M in cash, and no debt.
How this was made

The 30-second read
Why it matters
The acquisition is funded by existing cash, keeping the balance sheet strong while opening new revenue streams.
Market read
First report of a cash‑funded cross‑border acquisition that could lift Plus500's valuation.
What to watch
Potential cultural integration costs and the need to obtain US broker‑dealer licenses.
Background
Plus500 is a London‑listed online broker expanding its footprint.
Ticker impact
Plus500 announced acquisition of Hedge and Guru, record Q3 deposits of $1.9B and 44% EBITDA margin.
likely upward pressure as market prices in expanded market access and strong deposit flow
Deal is funded by cash, no new debt, and adds regulated US presence, which investors view as value accretive.
Market effects
Adds competitive pressure to other online broker‑dealers in Europe and US.
Boosts European fintech exposure to US markets and Brazil.
Highlights continued consolidation in the online brokerage sector.
Counterpoint
Integration risks and regulatory hurdles could delay benefits, weighing on price.
Key entities
- CompanyPlus500 Ltd.
London‑listed online broker
- CompanyHedge
US broker‑dealer target
- CompanyGuru
Brazil broker‑dealer target


