Broker rolls out new accounts with tax benefits as Polish investors embrace long-term planning.
The mobile-first product complements existing IKE scheme and follows a similar services in the UK and France.
Polish publicly
listed broker XTB (WSE: XTB)
has launched individual retirement security accounts, known as IKZE, giving
clients access to tax-advantaged retirement investing after months of
preparation.
XTB Launches Long-Awaited
Retirement Accounts in Poland
The company
began rolling out the accounts to customers today (Tuesday), with full
availability expected within a week. XTB had originally planned to introduce
IKZE accounts in the first quarter but
pushed the timeline back to mid-2025.
The launch
comes as Polish investors show growing interest in retirement planning.
Government data shows more than 593,000 Poles held IKZE accounts by the end of
2024, with over 122,000 of those managed through brokerage accounts.
Omar Arnaout, CEO of XTB, Source: LinkedIn
“Introducing
IKZE was a natural step in further developing our offering,” said Omar
Arnaout, XTB's chief executive. “After the success of IKE accounts, which
met with great interest from clients, we clearly see that Poles are
increasingly thinking about their financial future and want to invest
consciously and effectively.”
True to
XTB's mobile-first strategy, customers can initially open IKZE accounts only
through the broker's smartphone app. A desktop version won't arrive until 2026.
The company is also limiting new account openings at first, with account
transfers from other brokers becoming available gradually through the end of
2025.
IKZE
accounts will offer access to XTB's standard lineup of Polish and international
stocks and exchange-traded funds. The broker doesn't charge commissions on
stock and ETF trades up to 100,000 euros monthly, then applies a 0.2% fee with
a 10-euro minimum. Currency
conversion fees of 0.5% may apply for foreign investments.
Like XTB's
IKE accounts, IKZE balances are exempt from the broker's custody fees that
apply to larger portfolios.
IKZE
accounts offer immediate tax advantages that IKE accounts don't provide.
Investors can deduct contributions from their taxable income, reducing their
annual tax bill. Investment gains can also avoid Poland's 19% capital gains tax
if certain conditions are met.
To qualify
for the tax benefits, investors must wait until age 65 to withdraw funds and
make regular contributions for at least five calendar years. Withdrawals that
meet these requirements face a flat 10% tax on the entire balance, often more
favorable than standard income and capital gains taxes.
Annual
contribution limits for 2025 are set at 15,611 zloty for business owners and
10,408 zloty for employees, based on projected average wages. An employee in
Poland's higher tax bracket could save up to 3,330 zloty in taxes this year by
maximizing their IKZE contribution.
The
accounts charge a 200-zloty fee for withdrawals within 12 months of opening,
matching XTB's policy for IKE accounts.
Polish publicly
listed broker XTB (WSE: XTB)
has launched individual retirement security accounts, known as IKZE, giving
clients access to tax-advantaged retirement investing after months of
preparation.
XTB Launches Long-Awaited
Retirement Accounts in Poland
The company
began rolling out the accounts to customers today (Tuesday), with full
availability expected within a week. XTB had originally planned to introduce
IKZE accounts in the first quarter but
pushed the timeline back to mid-2025.
The launch
comes as Polish investors show growing interest in retirement planning.
Government data shows more than 593,000 Poles held IKZE accounts by the end of
2024, with over 122,000 of those managed through brokerage accounts.
Omar Arnaout, CEO of XTB, Source: LinkedIn
“Introducing
IKZE was a natural step in further developing our offering,” said Omar
Arnaout, XTB's chief executive. “After the success of IKE accounts, which
met with great interest from clients, we clearly see that Poles are
increasingly thinking about their financial future and want to invest
consciously and effectively.”
True to
XTB's mobile-first strategy, customers can initially open IKZE accounts only
through the broker's smartphone app. A desktop version won't arrive until 2026.
The company is also limiting new account openings at first, with account
transfers from other brokers becoming available gradually through the end of
2025.
IKZE
accounts will offer access to XTB's standard lineup of Polish and international
stocks and exchange-traded funds. The broker doesn't charge commissions on
stock and ETF trades up to 100,000 euros monthly, then applies a 0.2% fee with
a 10-euro minimum. Currency
conversion fees of 0.5% may apply for foreign investments.
Like XTB's
IKE accounts, IKZE balances are exempt from the broker's custody fees that
apply to larger portfolios.
IKZE
accounts offer immediate tax advantages that IKE accounts don't provide.
Investors can deduct contributions from their taxable income, reducing their
annual tax bill. Investment gains can also avoid Poland's 19% capital gains tax
if certain conditions are met.
To qualify
for the tax benefits, investors must wait until age 65 to withdraw funds and
make regular contributions for at least five calendar years. Withdrawals that
meet these requirements face a flat 10% tax on the entire balance, often more
favorable than standard income and capital gains taxes.
Annual
contribution limits for 2025 are set at 15,611 zloty for business owners and
10,408 zloty for employees, based on projected average wages. An employee in
Poland's higher tax bracket could save up to 3,330 zloty in taxes this year by
maximizing their IKZE contribution.
The
accounts charge a 200-zloty fee for withdrawals within 12 months of opening,
matching XTB's policy for IKE accounts.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
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Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
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Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
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Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
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Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
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He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
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He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
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As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
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-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Fail Better Trading Tech to Tackle Industry Risks
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Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
