The spread-betting firm Plus 500 has reported a sharp rise in customer numbers but warned that profits from customer trading performance would be lower than expected.
In an unscheduled trading update Plus 500 reported that it had added 100,574 new customers since the start of the second quarter, ahead of expectations for the entire quarter and in excess of the 82,951 customers added in the first three months of the financial year. However, the firm warned that “customer trading performance” for the year now represented a gain for customers.
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