Plus500 Expands US Futures Offering as Non-OTC Revenue Climbs

The move lands seven days after the underlying market opened on July 27 and widens a non-OTC segment that already produced roughly 15% of group revenue in the first half of 2026 — a meaningful shift for a broker whose income still leans heavily on CFDs.

The launch window and who else is in

CME debuted the market on July 27 with 77 contracts: 55 standard futures on 100 shares of the underlying stock and 22 micro contracts on 10 shares. The underlying list spans more than 50 names drawn from the S&P 500, Nasdaq 100 and Russell 1000, including Nvidia, Tesla, Apple and SpaceX. More than 35 retail intermediaries were lined up to distribute the contracts. NinjaTrader — the futures broker Kraken bought for $1.5 billion — made them available to eligible users on launch day. Charles Schwab is offering the standard-sized leg to clients whose accounts already carry futures approval.

Plus500 stayed quiet for a week. The company did not disclose how many of the 77 contracts it now lists, when customers were first able to trade, or what margin and commission schedule applies. It said only that additional instruments will be rolled out based on customer demand, liquidity and market conditions.

The non-OTC wedge is growing

The single stock futures push sits inside a non-OTC business that contributed roughly $70 million in the first half, up about 30% year-over-year, against group revenue of $462.9 million (+12%) and EBITDA of $187.5 million (+1%). The EBITDA margin narrowed to 41% from 45%, which makes the higher-growth futures unit look more attractive on a per-dollar basis. Plus500 entered US futures in 2021 by acquiring Cunningham Commodities and the Plus500 Futures brand; IG Group took a comparable route the same year with its $1 billion tastytrade deal.

The firm is also moving deeper into adjacent infrastructure. On July 29 it agreed to supply US futures access to Wealthsimple, giving more than four million Canadian investors their first direct route to US futures. Clearing and execution work is also in place for FanDuel's CME-linked prediction markets venture, Kalshi and prop firm Topstep. Plus500's own prediction markets business launched in February with economic, financial and geopolitical contracts, and Kalshi sports contracts were added in June. Prediction markets revenue is not broken out, so the headline number still tells only part of the story.

What a retail user should actually check

The mechanics matter more than the announcement. CME's single stock futures are cash settled, trade 23 hours a day, five days a week, and carry neither time decay nor shifting implied volatility — features Plus500 highlights in its filing, alongside initial margin, built-in leverage and post-close trading access. Like the CFDs that still anchor Plus500's income, the contracts deliver price exposure without owning the underlying share.

Before funding the account, the administrative questions run in order: which of the 77 contracts are actually live on the platform, what the per-ticket commission and overnight financing structure looks like, how margin calls are handled across the 23-hour session, and how withdrawals clear once profits are taken. CEO David Zruia framed the launch as building "momentum across our non-OTC business." For a retail trader weighing onboarding friction, the next step is to read the contract specifications page line by line — the cost story lives in the footnotes, not the press release.