Full Year Results 

Plus500 growth high, churn a concern

Plus500 growth high, churn a concern

Among its UK-listed peers, Plus500 (PLUS) seems the most vulnerable to the regulatory clampdown on the marketing and selling of contracts for difference (CFD) to retail investors. True to form, customer churn was high during 2017, although it did slow during the second half. Nevertheless, the spread-betting specialist more than doubled new customer numbers to almost 247,000 – that’s against an active customer total of 317,175.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now