The fintech is currently the third-largest brokerage house on the Polish stock exchange.
The company's share price rose to 4-month highs after reaching the new accounts milestone.
XTB grows client base by nearly 50% but struggles with profit decline in Q1
In November
2023, the publicly listed XTB surpassed 200,000 open accounts in the Polish stock exchange,
becoming the third-largest brokerage house in its home country. This milestone
means that one in four of the 847,000 accounts managed by this fintech company worldwide belongs to clients from the largest economy in Central and Eastern Europe
(CEE).
XTB Surpasses 200,000
Retail Clients in Poland
The news of
XTB's significant milestone in the Polish market was first reported last Friday
and confirmed on Monday by data from the National Depository for Securities. In November, XTB acquired nearly 14,000 new clients, also marking a
significant increase of 74,000 clients compared to the previous year.
This rapid retail
traders accumulation makes XTB not only the third-largest brokerage house in
Poland (trailing the second, BM Pekao, by only 4,000 accounts) but also the
firm that is gaining new clients most dynamically. 78% of all new accounts
opened in Poland in November belonged to XTB, compared to 62% from the previous
year.
Position
Company
Number of accounts (Nov 2023)
MoM change
Yoy change
1
mBank S.A. Biuro Maklerskie
431 053
1 649
15 942
2
BM Pekao
205 523
-176
1 105
3
XTB S.A.
201 056
13 797
74 386
4
ING Bank Śląski S.A. Biuro Maklerskie
183 778
379
6 087
5
BM PKO BP
152 096
402
3 657
„We have
products for both active investors and those preferring passive strategies.
Therefore, our growing position in the stock market is a natural development,”
Omar Arnaout, the CEO of XTB, commented for Finance Magnates.
The market
responded quickly to this news, with XTB's shares on the Warsaw Stock Exchange
growing up to 7% in two days, reaching their highest levels since
mid-August, which is a four-month high.
"XTB is a
one-stop-shop for every investor willing to take investments in his own hands,”
Arnaout added.
Poland,
XTB's country of origin, is a significant part of the broker's offerings and
revenues. Approximately 25% of the 847,000 clients served globally by XTB are
from this CEE country.
Impact of the New AI
Department on Revenues
At the end
of November, XTB announced the launch of a new artificial intelligence (AI)
department, headed by Tomasz Gawron. This AI team is responsible for developing
solutions that support the business operations and trading platforms of the publicly
listed company.
In addition
to new passive products, AI solutions are expected to help maintain XTB's high
momentum in acquiring new clients and boost revenues, which saw a drop of 29% in the third quarter due to decreasing market volatility.
"Our main
goal is to ensure that the XTB investment app offers the widest possible range
of investment products together with the highest level of technology,” Arnaout
concluded.
In November
2023, the publicly listed XTB surpassed 200,000 open accounts in the Polish stock exchange,
becoming the third-largest brokerage house in its home country. This milestone
means that one in four of the 847,000 accounts managed by this fintech company worldwide belongs to clients from the largest economy in Central and Eastern Europe
(CEE).
XTB Surpasses 200,000
Retail Clients in Poland
The news of
XTB's significant milestone in the Polish market was first reported last Friday
and confirmed on Monday by data from the National Depository for Securities. In November, XTB acquired nearly 14,000 new clients, also marking a
significant increase of 74,000 clients compared to the previous year.
This rapid retail
traders accumulation makes XTB not only the third-largest brokerage house in
Poland (trailing the second, BM Pekao, by only 4,000 accounts) but also the
firm that is gaining new clients most dynamically. 78% of all new accounts
opened in Poland in November belonged to XTB, compared to 62% from the previous
year.
Position
Company
Number of accounts (Nov 2023)
MoM change
Yoy change
1
mBank S.A. Biuro Maklerskie
431 053
1 649
15 942
2
BM Pekao
205 523
-176
1 105
3
XTB S.A.
201 056
13 797
74 386
4
ING Bank Śląski S.A. Biuro Maklerskie
183 778
379
6 087
5
BM PKO BP
152 096
402
3 657
„We have
products for both active investors and those preferring passive strategies.
Therefore, our growing position in the stock market is a natural development,”
Omar Arnaout, the CEO of XTB, commented for Finance Magnates.
The market
responded quickly to this news, with XTB's shares on the Warsaw Stock Exchange
growing up to 7% in two days, reaching their highest levels since
mid-August, which is a four-month high.
"XTB is a
one-stop-shop for every investor willing to take investments in his own hands,”
Arnaout added.
Poland,
XTB's country of origin, is a significant part of the broker's offerings and
revenues. Approximately 25% of the 847,000 clients served globally by XTB are
from this CEE country.
Impact of the New AI
Department on Revenues
At the end
of November, XTB announced the launch of a new artificial intelligence (AI)
department, headed by Tomasz Gawron. This AI team is responsible for developing
solutions that support the business operations and trading platforms of the publicly
listed company.
In addition
to new passive products, AI solutions are expected to help maintain XTB's high
momentum in acquiring new clients and boost revenues, which saw a drop of 29% in the third quarter due to decreasing market volatility.
"Our main
goal is to ensure that the XTB investment app offers the widest possible range
of investment products together with the highest level of technology,” Arnaout
concluded.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
IG Group Expects About £300 Million Revenue in Q1 2026
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
