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Brokers
XTB Steps into the Ring with Tyson Fury for Historic Rematch and 2025
2024-12-16T15:29:31.040+02:00
The partnership includes prominent brand placement during the December 21 fight and extends through next year.
“The last fight was a battle, but this rematch will be a war,” the popular boxing star commented.
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Exclusive: XTB Launches Zero-Fee ISA, Targets The UK Market with 4.75% Cash Yield
2024-12-11T12:00:00.000+02:00
Ten months after the initial announcements, the fintech is entering the £400 billion industry.
In addition to the shares ISA, XTB is also offering retail traders the opportunity to earn on uninvested funds.
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Retail FX
XTB Advances AI Chat Feature amid Focus on Proprietary Technology
2024-12-06T11:38:45.585+02:00
Over 60% of XTB's global teams now utilize AI-based tools implemented in the past year.
In 2024, the firm introduced automated investment plans and a multi-currency virtual wallet.
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Executives
XTB Online Investing Names Theocharis Panayi as General Manager
2024-12-02T18:39:19.447+02:00
Panayi recently served as the Head of Compliance at Klips Official in Cyprus, a position he held for over two years.
He also worked previously as Head of Legal Compliance for TOPFX LTD in Limassol.
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Retail FX
XTB Reports 67% Revenue Growth in Q3, Net Profit Nearly Doubles
2024-10-30T22:04:39.210+02:00
The company's consolidated net profit for the third quarter was more than PLN 200 million.
Operating expenses for the quarter increased to PLN 208.5 million, reportedly due to higher salaries, marketing costs, and commissions.
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Brokers
Exclusive: XTB Launches Multi-Currency Card and Retirement Accounts
2024-10-02T06:00:00.000+02:00
Along with the new payment product, the Polish fintech is adding a mobile e-wallet.
The company continues its journey to transform from a CFD broker to an all-in-one financial app.
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Retail FX
OTC Derivatives vs ETPs: Which Is a Better Revenue Generator for CFDs Brokers?
2024-09-25T15:40:00.000+02:00
XTB highlights growing demand for exchange-traded instruments across CEE and MENA.
OTC derivatives business revenues climb at StoneX on the back of a significant increase in the number of contacts.
Growth in options and futures volumes contribute to commission revenue at Interactive Brokers.
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Brokers
Exclusive: Zlatan Ibrahimović Becomes Official Ambassador of XTB
2024-09-22T19:30:00.000+02:00
The fintech partners with football legend, coinciding with the company's 20th anniversary and logo refresh.
The partnership includes a multi-country media campaign, Finance Magnates has learned.
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Retail FX
XTB Establishes Sponsorships in UAE Boxing and Greek Economics Olympiad
2024-09-03T17:15:03.010+02:00
The firm has sponsored the Polish young economists' team at the Economics Olympiad.
Details of XTB's sponsorship agreements in both the UAE and Greece have not been disclosed.
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Brokers
XTB Rolls Out 2FA as Prelude to Virtual Wallet and Multi-Currency Card Premiere
2024-08-29T07:00:00.000+02:00
The service will launch in Poland and then enter the German market.
CEO Omar Arnaout also announced the acquisition of a new brand ambassador.
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Regulation
XTB Website Cloned by Scammers, The UK Financial Regulator Warns
2024-08-13T10:03:16.230+02:00
FCA issued a warning about the impersonation of XTB Limited in the UK.
Fraudsters' site looks nearly identical to the official page of the Polish fintech.
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Brokers
XTB Sees “Well-Oiled Machine” as H1 2024 Revenue Jumps to Record $938M
2024-08-05T08:21:35.805+02:00
However, the results for Q2 were significantly worse than those at the beginning of the year.
From April to June, the net profit dropped by nearly 50% to $40 million.
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Brokers
XTB Faces Spanish CFD Advertising Ban, Says Market Accounts for Only 10% of Revenue
2024-07-15T12:02:44.630+02:00
The Polish broker is adjusting its strategy following the CNMV's interpretative guidance on CFD advertising.
While it has no plans to leave the local market, it warns of potentially negative consequences.
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XTB Join Forces with VanEck to Promote ETF Investing in Spain
2024-05-24T13:39:34.065+02:00
Both companies will facilitate indexed investment through ETF trading plans.
In addition, they aim to boost the culture of saving in Spain, which is lagging behind its EU peers.
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XTB Acquires ISA License in The UK, New Products Planned for Autumn
2024-05-01T11:48:22.357+02:00
The fintech can now offer new services in the £400 billion market.
According to the UK branch president, the first ISAs will be seen this year.
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Retail FX
XTB Reports Strong Q1 Results: Revenue Up as Active Clients Soar 45%
2024-04-29T21:57:52.446+02:00
Revenue increased 3% year-over-year to PLN 556 million.
XTB plans to expand to Brazil and Indonesia this year.
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Retail FX
XTB Shares Hit New Peak Following Record-High Dividend of $195 Million
2024-04-24T15:07:33.803+02:00
The management board recommends a payout of PLN 5.02 per share.
Growing client base and expansion plans contribute to investor confidence.
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Retail FX
XTB Surpasses One Million Customer Milestone amidst Fintech Expansion
2024-04-03T11:47:20.643+02:00
After expanding its offerings, XTB has seen its clientele double since late 2021.
The firm's 'Social' service lets users track expert and personal investment strategies.
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Brokers
Exclusive: XTB Acquires Broker in Indonesia to "Become a Gateway to Asia"
2024-03-29T11:33:33.706+02:00
The finalization of the purchase of Eagle Capital Futures took place in January 2024.
Indonesia is a market slightly smaller than the entire EU, with many retail investors.
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Retail FX
XTB Introduces Social Trading, Focusing on Investor Engagement
2024-03-28T12:57:42.889+02:00
The new feature will enable users to follow top investors and view their portfolios.
This is another step in implementing the fintech's roadmap for 2024.
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Retail FX
XTB UK Active Clients Surge 90% in 2023 amid Strong Market Volatility, New Products
2024-03-14T11:29:51.560+02:00
The company also reported an increase of 21% in revenue and a rise of 100% in net profit.
Fintech wants to enter the £400 billion ISA market, which could boost its future performance.
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Retail FX
The Investment Moves Women Made in 2023 That May Surprise You
2024-03-08T20:13:04.173+02:00
March 8th is celebrated worldwide as International Women's Day.
We present a study showing the growing importance of females in the investment world.
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Retail FX
XTB and $10 Trillion Giant BlackRock Collaborate to Promote ETF Investing
2024-02-27T11:37:16.608+02:00
The fintech teamed up with BlackRock to boost ETF investments among European investors.
The collaboration begins in Spain and might be expanded to other markets.
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Retail FX
XTB Introduces Crypto ETNs for European Traders Seeking BTC ETF Alternatives
2024-02-20T11:10:38.956+02:00
Broker introduces 3 new exchange-traded products for crypto investments.
This way, the company is expanding crypto access beyond CFDs.
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Retail FX
XTB Aims for £400 Billion Market in The UK, Anticipates "Strong Take Up"
2024-02-08T13:27:44.124+02:00
In the coming weeks, the fintech is set to submit an ISA application.
This will open the path to a market with 12 million new subscriptions every year.
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