What’s more, the average transaction size was significantly higher—up by more than 30%.
Other brokers also confirmed to FinanceMagnates.com that Trump’s actions drove record trading volumes across their platforms.
XTB grows client base by nearly 50% but struggles with profit decline in Q1
We all
remember how wild the financial markets became when the world first learned
about the global COVID-19 pandemic. However, recent global trade war tensions
appear to have surpassed that chaotic period, with brokers experiencing
unprecedented user activity.
One of them
was the publicly listed, Warsaw-based XTB (WSE: XTB), whose trading volumes
surged to three times the levels seen during the pandemic.
XTB Reports Record Trading
Activity Amid Trump’s Tariff Tensions
"At
its peak on Monday, April 7th, the number of active users was three times
higher than what we observed during the COVID-19 pandemic announcement," Filip
Kaczmarzyk, the Head of Trading and member of XTB's Management Board told
FinanceMagnates.com "This resulted in nearly triple the number of open
positions compared to that period."
"In
those turbulent times, temporary unavailability of trading platforms was a
reality at some global players," Kaczmarzyk noted, highlighting that XTB
maintained operational continuity throughout the market turbulence.
Transaction Size and XTB
Share Grows Amid Volatility
Perhaps
most notable was that despite the dramatic increase in user activity, the
average size of individual transactions actually increased by 34% compared to
levels seen during the early pandemic period, according to the company.
This
pattern suggests that both retail and more sophisticated traders are actively
positioning themselves in response to market conditions, rather than simply
reacting with smaller, defensive trades.
„First and
foremost, I want to underscore that XTB’s stock market valuation is not merely
a metric for us - it serves as a powerful indicator of our strategic execution
and the positive perception investors have of our company,” Omar Arnaout the
XTB’s CEO, told FinanceMagnates.com. “Over the past few years, the feedback has
been overwhelmingly positive, with both investors (institutional and
individual) and analysts consistently recognizing our significant potential.”
“Following
President Trump's April 2 announcement of new tariffs, referred to as
'Liberation Day', GCEX has recorded some of its strongest trading days to
date,” said Lars Holst, Founder and CEO of GCEX.
GCEX, a
prime brokerage services provider, recently disclosed a nearly 250% increase in
FX spot trading volumes following the tariff announcements.
Tom Higgins, CEO, Gold-i
Similarly,
trading technology provider Gold-i reported a tenfold increase in FX and equity
index price rates, along with five times their normal trading activity.
“We saw a
tenfold increase in FX and Equity Index price rates and about five times as
much trading activity,” said Tom Higgins, CEO of Gold-i.
The market
volatility has been extreme, with the S&P 500 index initially losing
$6.6 trillion in value across two trading sessions before experiencing its
largest single-day gain since the 2008 financial crisis after a temporary pause
in the tariff implementation was announced.
We all
remember how wild the financial markets became when the world first learned
about the global COVID-19 pandemic. However, recent global trade war tensions
appear to have surpassed that chaotic period, with brokers experiencing
unprecedented user activity.
One of them
was the publicly listed, Warsaw-based XTB (WSE: XTB), whose trading volumes
surged to three times the levels seen during the pandemic.
XTB Reports Record Trading
Activity Amid Trump’s Tariff Tensions
"At
its peak on Monday, April 7th, the number of active users was three times
higher than what we observed during the COVID-19 pandemic announcement," Filip
Kaczmarzyk, the Head of Trading and member of XTB's Management Board told
FinanceMagnates.com "This resulted in nearly triple the number of open
positions compared to that period."
"In
those turbulent times, temporary unavailability of trading platforms was a
reality at some global players," Kaczmarzyk noted, highlighting that XTB
maintained operational continuity throughout the market turbulence.
Transaction Size and XTB
Share Grows Amid Volatility
Perhaps
most notable was that despite the dramatic increase in user activity, the
average size of individual transactions actually increased by 34% compared to
levels seen during the early pandemic period, according to the company.
This
pattern suggests that both retail and more sophisticated traders are actively
positioning themselves in response to market conditions, rather than simply
reacting with smaller, defensive trades.
„First and
foremost, I want to underscore that XTB’s stock market valuation is not merely
a metric for us - it serves as a powerful indicator of our strategic execution
and the positive perception investors have of our company,” Omar Arnaout the
XTB’s CEO, told FinanceMagnates.com. “Over the past few years, the feedback has
been overwhelmingly positive, with both investors (institutional and
individual) and analysts consistently recognizing our significant potential.”
“Following
President Trump's April 2 announcement of new tariffs, referred to as
'Liberation Day', GCEX has recorded some of its strongest trading days to
date,” said Lars Holst, Founder and CEO of GCEX.
GCEX, a
prime brokerage services provider, recently disclosed a nearly 250% increase in
FX spot trading volumes following the tariff announcements.
Tom Higgins, CEO, Gold-i
Similarly,
trading technology provider Gold-i reported a tenfold increase in FX and equity
index price rates, along with five times their normal trading activity.
“We saw a
tenfold increase in FX and Equity Index price rates and about five times as
much trading activity,” said Tom Higgins, CEO of Gold-i.
The market
volatility has been extreme, with the S&P 500 index initially losing
$6.6 trillion in value across two trading sessions before experiencing its
largest single-day gain since the 2008 financial crisis after a temporary pause
in the tariff implementation was announced.
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.
Prop Traders Want to Hear About Others’ Experience: Is That Why They Trust YouTube?
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
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.
Interview with Jas Shah
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.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
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
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
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
Marketing in 2026 Audiences, Costs, and Smarter AI
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
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
Fail Better Trading Tech to Tackle Industry Risks
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
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official