Business
Plus500 secures a new regulatory licence in Canada
Plus500 secures a new regulatory licence in Canada.
About this update from Plus500 Ltd.
[{"type":"text","content":"\n\n\n\n\n23 June 2025 \nPlus500 Ltd.\n(\"Plus500\", the \"Company\" or together with its subsidiaries the \"Group\")\nPlus500 expands into North America with a new regulatory licence in Canada\n \nPlus500, 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.\nThis 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.\nWith 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.\nIn 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.\nDavid Zruia, Chief Executive Officer of Plus500, commented:\n\"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. Thi...