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Interviews

Interview: XTB’s Achraf Drid Discusses FX Growth and MENA Region

  • The MD of XTB MENA believes that the FX market will continue to grow in 2022.
  • Drid highlighted XTB’s growing sponsorship activities to increase its global presence.
Friday, 14/01/2022 | 08:08 GMT by Bilal Jafar
Executive Moves

XTB Appoints Jan Byrski as Chairman of the Supervisory of the Board

  • Byrski is expected to serve in the role until November 19, 2024, according to the company.
Monday, 22/11/2021 | 16:51 GMT by Felipe Erazo
Regulation

French AMF Slaps €300K Fine on Polish Broker XTB

  • The broker is yet to decide if it wants to appeal against the decision.
Wednesday, 10/11/2021 | 12:24 GMT by Arnab Shome
Brokers

XTB Reports a 40.8% Increase in Revenues in the Third Quarter of 2021

  • The broker saw over 38 thousand new clients during the period.
Monday, 25/10/2021 | 19:20 GMT by Felipe Erazo
Brokers

XTB MENA Launches Service, Starts to Onboard Clients

  • Services in the region will be available in both Arabic and English.
Monday, 11/10/2021 | 11:21 GMT by Arnab Shome
Brokers

XTB Gains Regulatory License in South Africa

  • The broker recently received another license from Dubai’s DFSA.
Wednesday, 11/08/2021 | 11:45 GMT by Arnab Shome
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

XTB MENA Receives a License from the Dubai Financial Services Authority

  • XTB MENA is now allowed to operate from Dubai by offering its services to clients in the Middle East and North Africa.
Tuesday, 13/07/2021 | 19:14 GMT by Felipe Erazo
Brokers

XTB Puts Several Crypto Pairs to Close-Only Citing Volatility

  • At least 20 cryptocurrencies are on this list.
Wednesday, 12/05/2021 | 12:14 GMT by Arnab Shome
Brokers

XTB Aims to Start UAE Operation by the First Half of 2021

  • The broker is still in the process of obtaining a DFSA license.
Monday, 26/04/2021 | 12:02 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

XTB Board Approves 2020 Dividend at PLN 1.79 per Share

  • The XTB board has authorized the company to pay PLN 210.1 million ($54.7 million) of its 2020’s net profit.
Friday, 12/03/2021 | 16:36 GMT by Aziz Abdel-Qader
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 Profit Increases Sixfold in 2020, Revenues up 300% YoY

  • Quarterly positive metrics were offset by a surge in operating expenses which rose sizably by 76% in Q4.
Wednesday, 03/02/2021 | 17:57 GMT by Aziz Abdel-Qader
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

XTB to Set up Shop in Asia Next Year, South Africa Subsidiary on Hold

  • XTB subsidiary in South Africa has been in the licensing process for two years but has not obtained the license to date.
Thursday, 10/12/2020 | 16:30 GMT by Aziz Abdel-Qader
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
Brokers

XTB Profits Soar YoY in Q3 2020, Client Activity Peaks

  • The brokerage became commission-free earlier this year.
Monday, 26/10/2020 | 07:35 GMT by Arnab Shome
Brokers

XTB Signs Football Coach José Mourinho as Brand Ambassador

  • He will be the face of the brokerage for the next two years.
Monday, 05/10/2020 | 08:11 GMT by Arnab Shome
Interviews

Despite Slowdown, XTB CEO Dubs Q2 Performance as Massive Success

  • We caught up with Omar Arnaout, the CEO of XTB to put the broker’s results into perspective.
Monday, 17/08/2020 | 04:07 GMT by Celeste Skinner
Brokers

Despite Solid Performance in H1 2020, XTB Share Price is Plummeting

  • As of the time of publishing, XTB’s share price has dropped by 35 percent since Tuesday.
Thursday, 30/07/2020 | 08:18 GMT by Celeste Skinner
Brokers

XTB Had Revenues, Client Activity Buzzing in the First Half of 2020

  • XTB has seen around six-fold surge in its total operating revenue which jumped to $137.0 million in H1 2020.
Tuesday, 28/07/2020 | 17:07 GMT by Aziz Abdel-Qader
Analysis

Did the 2008 Financial Crisis Hit the Market Harder Than COVID-19?

  • Do we observe today, because of coronavirus, any similarities to financial crisis of 2008?
Thursday, 28/05/2020 | 07:34 GMT by Sylwester Majewski
Brokers

XTB Net Profit Soars in Q1 2020 on Back of COVID-19 Volatility

  • The broker also achieved record revenues during the three month period.
Monday, 27/04/2020 | 09:24 GMT by Celeste Skinner
Interviews

XTB CEO: We Hope to Begin Operating in South Africa in Coming Months

  • The broker also plans to add further licences to its portfolio by the end of 2020.
Monday, 24/02/2020 | 07:11 GMT by Celeste Skinner
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