Plus500 Expands South American Presence Through Acquisition of Brazilian Broker Guru
Source: Retail FX – Finance Magnates | Financial and business news·Published: Oct 20, 2026, 6:58 PM GMT+12
Global trading giant Plus500 has announced a conditional agreement to acquire full ownership of Guru Corretora de Títulos e Valores Mobiliários Ltd, a regulated broker-dealer based in Brazil. The transaction will be funded entirely out of the firm's robust cash reserves, which currently exceed $860 million, underlining the company's aggressive growth and expansion strategy in key international regions.
By securing Guru, Plus500 directly obtains crucial local licenses from Brazil's securities commission (CVM) and the Central Bank of Brazil (BCB). This regulatory clearance is a vital stepping stone, enabling the broker to bypass traditional partnership hurdles and integrate directly into the local financial infrastructure.
The newly acquired regulatory framework empowers Plus500 to significantly broaden its product offering for South American clients. Beyond its standard global trading services, the firm will now be able to introduce domestic asset classes such as Brazilian stocks, futures, options, and various fixed-income securities.
Plus500 CEO David Zruia highlighted the strategic importance of the move, noting that Brazil represents one of the most vibrant and promising retail trading markets globally. He emphasized that acquiring Guru provides not only the necessary operational licenses but also an experienced local team well-versed in the region's unique financial dynamics.
This acquisition acts as a major regional anchor for Plus500 as it continues to scale its footprint across South America. Retail traders in the region can anticipate a more comprehensive trading ecosystem backed by a globally recognized brand with robust financial stability.
As regulatory scrutiny and local compliance requirements tighten across emerging markets, direct acquisitions of licensed entities have become a favored path for international brokers. PropFXLab will continue to monitor how this integration impacts regional trading conditions and client offerings.
This briefing is an original summary of publicly available reporting. It is not financial advice. Confirm details on the original source and the firm's official site.