Plus500 Ltd. reported revenue results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported revenue of $100.1 million against $116.5 million a year ago, a decrease of 14% compared to the same period last year.

For the nine months, the company reported revenue of $565.6 million compared to $304.9 million a year ago, an increase of 86% compared to the same period last year.

For the 2019, the company remains highly operationally geared with a low-cost base allowing it to maximise profits from incremental revenues. The company expects revenues to benefit from recent customer acquisition, continued investment in marketing, retention initiatives and new licences. Trading for 2018 is now expected to be ahead of expectations. The company's results for the third quarter continued to show satisfactory levels of trading activity of its Active Customers in comparison to previous years, despite regulatory changes and low market volatility. The company continues to focus on its core markets and acquiring high value customers supported by its innovative technological edge and the prospect of potential new licences outside the EEA. The company now expects to be ahead of current market expectations for 2018.