REG - Plus500 Ltd - Plus500 secures a new regulatory licence in Canada

Plus500Announcement

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RNS Number : 8624N  Plus500 Limited  23 June 2025

23 June 2025
 
 

Plus500 Ltd.

("Plus500", the "Company" or together with its subsidiaries the "Group")

Plus500 expands into North America with a new regulatory licence in Canada

 

Plus500, a global multi‐asset fintech group operating proprietary
technology-based trading platforms, is pleased to announce that it has
obtained a licence from the Canadian Investment Regulatory Organization
("CIRO") in the significant and high-growth Canadian market.

This achievement marks an important milestone in Plus500's ongoing strategic
efforts to further expand into North America, with the extension of its
services into the well-established and highly regulated Canadian market.

With this new licence, Plus500 will initiate its services within the
Over-the-Counter ("OTC") market and aims to further expand its local
proposition by offering an omni-channel suite of products. This expansion
aligns with Plus500's strategic roadmap and vision to strengthen its
international presence and deliver innovative solutions across multiple
financial markets.

In recent years, the Group has established a highly successful track record of
obtaining new regulatory licences in high-growth, strategically important
markets including the US, Japan and the UAE among others. Today, the Group has
15 regulatory licences globally, representing an extremely valuable asset for
Plus500 and a meaningful source of competitive advantage that provides a
strong regulatory foundation for its global operations. As such, they
strengthen the economic moat around the business and reinforce the enduring
strengths of Plus500's differentiated value proposition.

David Zruia, Chief Executive Officer of Plus500, commented:

"We are delighted to have obtained this important authorisation from CIRO in
Canada and we are excited to bring our market-leading technology capabilities
to customers in the region. This is the latest realisation of our strategy to
enter new markets, develop new products, and deepen engagement with our
customers.

This development highlights our strategic focus on broadening our product
suite and expanding our market reach, while ensuring the highest standards of
compliance and operational excellence."

 

For further details:

 Plus500 Ltd.
 Elad Even-Chen, Chief Financial Officer  +972 4 8189503

 Owen Jones, Head of Investor Relations   +44 (0) 7551 654208

                                          ir@Plus500.com (mailto:ir@Plus500.com)

 DGA Group
 James Melville-Ross                      +44 (0)20 7038 7411

 James Styles                             Plus500@dgagroup.com (mailto:Plus500@dgagroup.com)

 Methuselah Tanyanyiwa

 

 

 

 

About Plus500

Plus500 is a global multi-asset fintech group operating proprietary
technology-based trading platforms. Plus500 offers customers a range of
trading products, including OTC ("Over-the-Counter" products, namely Contracts
for Difference (CFDs)), share dealing, as well as futures and options on
futures.

The Group retains operating licences and is regulated in the United Kingdom,
Australia, Cyprus, Israel, New Zealand, South Africa, Singapore, the
Seychelles, the United States, Estonia, Japan, the UAE, the Bahamas and Canada
and through its OTC product portfolio, offers more than 2,500 different
underlying global financial instruments, comprising equities, indices,
commodities, options, ETFs, foreign exchange and cryptocurrencies. Customers
of the Group can trade its OTC products in more than 60 countries and in 30
languages.

Plus500's trading platforms are accessible from multiple operating systems
(iOS, Android and Windows) and web browsers. Customer care is, and has always
been, integral to Plus500. As such, OTC customers cannot be subject to
negative balances. A free demo account is available on an unlimited basis for
OTC trading platform users and sophisticated risk management tools are
provided free of charge to manage leveraged exposure, and stop losses to help
customers protect profits, while limiting capital losses.

Plus500 was admitted to trading on the London Stock Exchange (LON: PLUS) on 24
July 2013. It was admitted to the Equity Shares in Commercial Companies
("ESCC") Category of the Official List and is a constituent of the FTSE 250
Index and the STOXX Europe 600 Index. Website: www.plus500.com
(http://www.plus500.com/) .

Forward looking statements

This announcement contains statements that are or may be forward-looking
statements. All statements other than statements of historical facts included
in this announcement may be forward-looking statements, including statements
that relate to the Group's future prospects, developments and strategies. The
Company does not accept any responsibility for the accuracy or completeness of
any information reported by the press or other media, nor the fairness or
appropriateness of any forecasts, views or opinions express by the press or
other media regarding the Group. The Company makes no representation as to the
appropriateness, accuracy, completeness or reliability of any such information
or publication.

Forward-looking statements are identified by their use of terms and phrases
such as "believe", "targets", "expects", "aim", "anticipate", "project",
"would", "could", "envisage", "estimate", "intend", "may", "plan", "will" or
the negative of those, variations or comparable expressions, including
references to assumptions. The forward-looking statements in this announcement
are based on current expectations and are subject to known and unknown risks
and uncertainties that could cause actual results, performance and
achievements to differ materially from any results, performance or
achievements expressed or implied by such forward-looking statements. Factors
that may cause actual results to differ materially from those expressed or
implied by such forward looking statements include, but are not limited to,
those described in the Risk Management Framework section of the Company's most
recent Annual Report. These forward-looking statements are based on numerous
assumptions regarding the present and future business strategies of the Group
and the environment in which it is and will operate in the future. All
subsequent oral or written forward-looking statements attributed to the
Company or any persons acting on its behalf are expressly qualified in their
entirety by the cautionary statement above. Each forward-looking statement
speaks only as of the date of this announcement. Except as required by law,
regulatory requirement, the UK Listing Rules and the Disclosure Guidance and
Transparency Rules, neither the Company nor any other party intends to update
or revise these forward-looking statements, whether as a result of new
information, future events or otherwise.

 

 

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