Online trading platform Plus500 tracks ahead of full-year expectations

Online trading platform Plus500 said on Monday it expects full-year results to exceed market expectations after first-quarter core profit rose 23% sequentially, driven by a strong client base and increased global market volatility. Companies like Plus500 thrive on turbulent geopolitical and financial environment as more customers tend to trade and use their services.

Global markets have see-sawed since US President Donald Trump announced his trade policies earlier this month and ceasefires in Gaza and between Russia and Ukraine remain uncertain.

The…