Trading platform Plus500 upped its forecasts for profit and revenues for the year despite a reduction in new customer inflows crimping its third quarter earnings.

The trading platform registered a four per cent reduction in profits in the three months to September, down to $128.6m (£93.4m) from $134.2m. Over the last same period last year, Plus500 was boosted by consumers flocking to trading platforms to deploy their savings amid Covid-19 lockdowns.

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