Polish brokerage giant XTB has strengthened its crypto contracts for differences (CFDs) offerings by reducing spreads by up to 60 per cent and increasing exposure limits from €1 million to €10 million.
A Significant Reduction in Spreads
While spreads on Bitcoin CFDs have been cut by about 41 per cent, Ethereum CFDs saw the biggest reduction at 60.5 per cent, according to a spread comparison table shared by the broker. XTB also offers CFDs on Ripple, Cardano, and Litecoin, with spreads reduced by 19 per cent, 23 per cent, and 53 per cent, respectively. Chainlink CFDs is another instrument on the platform, which saw a spread reduction of nearly 58.5 per cent.
“These changes focus on optimising CFD trading conditions and delivering superior value to institutional partners,” XTB noted in its announcement. “These strategic upgrades enable greater flexibility and scale, allowing you to execute larger transactions with improved pricing and reduced slippage.”
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In addition to lowering spreads and raising exposure limits, the Polish broker announced plans to list 16 new cryptocurrencies, including meme tokens. The listing will be carried out in phases, beginning this month and continuing through the second half of the year.
“By combining lower costs with extended trading capacity, we empower our institutional clients to refine their strategies and pursue broader market opportunities with confidence,” the broker added.
XTB Continues Expansion
Financemagnates.com earlier reported that XTB leads the broker rankings with 555,000 active accounts, as the CFDs industry surpassed five million accounts in total.
Meanwhile, the Poland-listed broker is also growing its global footprint. Last month, it opened a new Dubai office after receiving a licence from the UAE’s Securities and Commodities Authority (SCA). It also renewed its Dubai Financial Services Authority (DFSA) licence, under which it has operated since July 2021.
Alongside its expansion in the UAE, XTB also secured a licence in Indonesia, followed by a securities agent licence from the financial regulator in Chile—marking its continued growth in Latin America.
