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Executives

Conotoxia Hires Ireneusz Pukin as Polish Branch Director

  • Pukin has been involved in the Polish FX/CFD industry for many years.
  • In the past, he ran his own FX educational website and crypto exchange.
Wednesday, 11/01/2023 | 11:19 GMT by Damian Chmiel
Institutional FX

Losers Topple Gainers as Retail Trading Dominates Polish FX Markets in 2021

  • 72% of active traders in Poland’s FX market incurred losses in 2021.
  • Polish and foreign traders lost zł1.1 billion last year.
Wednesday, 29/06/2022 | 19:14 GMT by Solomon Oladipupo
Institutional FX

Poland's GPW Acquires 65% Stake in Armenia's Only Stock Exchange

  • GPW and CBoA signed a share purchase agreement on Tuesday.
  • CBoA described the move as 'a turning point'.
Tuesday, 28/06/2022 | 22:16 GMT by Solomon Oladipupo
FinTech

First Derivative Announces New Office in Poland

  • The company recently launched an office in Toronto, Canada.
  • First Derivative opened the new office amid 'significant demand'.
Monday, 20/06/2022 | 19:46 GMT by Felipe Erazo
CryptoCurrency

Former CEO and Founder of BitBay Is Reportedly Missing

  • His family has not heard from him since Thursday when he left for a business meeting.
  • Shareholders of the crypto exchange may be linked to the criminal world, reports say.
Tuesday, 15/03/2022 | 01:06 GMT by Felipe Erazo
Brokers

Polish Broker XTB to Distribute $40M as Dividend from 2021 Profits

  • It will be distributing PLN1.5 per share as dividends.
  • The remaining profits will be kept in reserve capital.
Thursday, 10/03/2022 | 13:48 GMT by Arnab Shome
Analysis

Is Poland Still the European Tiger in the Forex World?

  • 80,000 Poles were actively trading Forex in 2020.
  • During the first year of the pandemic, they recorded an FX profit of 227 million zlotys.
Tuesday, 25/01/2022 | 14:05 GMT by Damian Chmiel
Retail FX

KNF Warns Polish Consumers Engaging in High-Risk Investment Platforms

  • KNF is worried that local consumers could lose their money on high-risk platforms.
Friday, 03/12/2021 | 14:25 GMT by Finance Magnates Staff
Regulation

Polish Regulator Adds Dublin-Based AvaTrade to Warning List

  • The broker operates in Poland with its Irish license.
Wednesday, 10/11/2021 | 07:07 GMT by Arnab Shome
Brokers

Exclusive: Conotoxia Eyes to Open More Branches in Europe

  • The company recently opened a local branch in Poland.
Thursday, 21/10/2021 | 11:36 GMT by Arnab Shome
Brokers

Conotoxia Opens Branch in Poland as Part of Its European Expansion

  • Clients now have access to all Conotoxia transactional features available in Polish and with local support.
Monday, 18/10/2021 | 20:02 GMT by Felipe Erazo
Brokers

XTB Turns Losses in Q2 as Market Volatility Wears Off

  • The first half results still stood strong with excellent Q1 numbers.
Thursday, 29/07/2021 | 06:33 GMT by Arnab Shome
Brokers

77.7% FX Traders on Polish Brokers Ended 2020 in Losses

  • The average loss of each trader in 2020 remained at PLN 11,370.
Thursday, 15/07/2021 | 13:07 GMT by Arnab Shome
Regulation

Poland’s UKNF Reminds Crypto Market Is Not Regulated, Mentions Binance

  • The authority says that Binance Markets Limited's core business is offering services on a market that is not regulated.
Wednesday, 07/07/2021 | 20:01 GMT by Felipe Erazo
Retail FX

Conotoxia Adds Skrill as a Payment Method

  • Customers can now fund their Forex accounts held at Conotoxia platform via Skrill.
Tuesday, 22/06/2021 | 18:07 GMT by Felipe Erazo
News

Poland Gets Custody of Gang Leader Linked with Crypto Capital Fiasco

  • He was arrested in the Netherlands last October and was extradited to Poland last week.
Monday, 24/05/2021 | 10:42 GMT by Arnab Shome
Brokers

XTB Posts 121.3% QoQ Gain in Profits, Client Figures Hit Record

  • The broker added 67,231 new traders in the quarter as active clients hit 103,425.
Friday, 23/04/2021 | 17:39 GMT by Arnab Shome
Brokers

OANDA Completes Acquisition of Polish Company TMS Brokers

  • The Polish Financial Supervision Authority approved the deal earlier this month.
Tuesday, 30/03/2021 | 08:35 GMT by Bilal Jafar
Brokers

LMAX Migrating Its Polish Clients to Local Broker Conotoxia

  • The broker did not provide any timeline for the migration.
Friday, 19/02/2021 | 10:19 GMT by Arnab Shome
Brokers

Polish FX Exchange Conotoxia Plans IPO after 2020 Revenue Surge

  • Turnover from its forex division surged six times last year.
Thursday, 18/02/2021 | 12:42 GMT by Arnab Shome
Retail FX

Poland’s UOKiK to Probe XTB and Others for Trading Outage

  • The department is checking if the traders have suffered losses due to these outages.
Monday, 15/02/2021 | 11:04 GMT by Arnab Shome
Brokers

XTB Shares Gain 12% with Positive Regulatory Review on Dividend

  • The brokerage posted a solid rise in revenue and profits in the last several quarters.
Monday, 28/12/2020 | 13:28 GMT by Arnab Shome
Brokers

Why Brokers Are Choosing Poland? A Country with 100:1 Leverage on the Industry Radar

  • Recently more and more brokers have been opening their offices in Poland
Monday, 07/12/2020 | 11:58 GMT by Sylwester Majewski
Regulation

Polish KNF Seeks Traders’ Feedback on 100:1 Leverage

  • The local regulator defied the ESMA restriction last year to offer higher leverages.
Tuesday, 01/12/2020 | 13:31 GMT by Arnab Shome
Brokers

OANDA Acquires Polish Brokerage TMS

  • The company did not reveal any financial details of the deal.
Tuesday, 01/09/2020 | 13:04 GMT by Arnab Shome
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