Plus500 gets OK to resume onboarding UK clients

Contracts-for-difference trading platform Plus500 has been given approval to resume onboarding new UK customers in January.

“Plus500 notes recent inaccurate external comments and confirms that Plus500 UK is not subject to regulatory restrictions including preventing it from onboarding new customers,” the company said on Friday.

The group was forced to stop taking on new UK clients in May due to an investigation into its client data verification and anti-money laundering procedures.

At 0935 GMT, the shares were up 4.6% to 433p.