The broker netted PLN 216.1 million (USD 56.2 million) on quarterly revenue of PLN 580 million (USD 150.8 million).
It is now seeking regulatory approvals to add physical cryptocurrency and options trading.
XTB Headquarter in Warsaw, Poland
XTB, a Polish retail broker, generated revenue of PLN 580 million (USD 150.8 million) in the second quarter of 2025, which remained at the same level as the previous three months. However, the company’s pre-tax profits improved by 11.2 per cent to PLN 260.7 million (USD 67.8 million).
Another Profitable Quarter for XTB
Following taxes, the broker closed the period netting PLN 216.1 million (USD 56.2 million), according to its preliminary financial results published yesterday (Thursday).
Although revenue did not budge, XTB managed to control its expenses and reduced them to PLN 292.9 million (USD 76.2 million) in Q2, a quarterly decline of 7.2 per cent. The broker spent PLN 123 million (USD 32.0 million) on marketing, down about 13 per cent. However, it continued to run online and offline adverts across Europe.
Meanwhile, the Poland-listed broker added 167,339 new clients during the three months, taking the total number of clients to over 1.7 million. The number of active clients on the platform at the end of the quarter jumped to over 812K, from the previous quarter’s 735K.
Net deposits, however, dropped to PLN 3.1 billion (USD 806 million), compared to the previous quarter’s PLN 4.1 billion (USD 1.1 billion).
Crypto and Options in the Future
The Polish broker further confirmed that it plans to expand its product offering by adding physical cryptocurrency and options. It already offers crypto contracts for differences (CFDs).
For crypto offerings, XTB is seeking an MiCA licence and is “working on both drafting the necessary legal documents and making technological changes” to its applications. Meanwhile, the broker is awaiting the FSA’s approval of the option pricing model for its options offering.
XTB is also focused on geographical expansion. It has already started offering equities and exchange-traded funds (ETFs) to clients in Indonesia and plans to add CFD instruments in late 2025 or 2026. It entered the country last year with the acquisition of a local broker.
It is also in the process of obtaining a licence in Brazil, which is expected to be completed in 2025. Earlier this year, it secured its first Latin American licence from Chile.
XTB, a Polish retail broker, generated revenue of PLN 580 million (USD 150.8 million) in the second quarter of 2025, which remained at the same level as the previous three months. However, the company’s pre-tax profits improved by 11.2 per cent to PLN 260.7 million (USD 67.8 million).
Another Profitable Quarter for XTB
Following taxes, the broker closed the period netting PLN 216.1 million (USD 56.2 million), according to its preliminary financial results published yesterday (Thursday).
Although revenue did not budge, XTB managed to control its expenses and reduced them to PLN 292.9 million (USD 76.2 million) in Q2, a quarterly decline of 7.2 per cent. The broker spent PLN 123 million (USD 32.0 million) on marketing, down about 13 per cent. However, it continued to run online and offline adverts across Europe.
Meanwhile, the Poland-listed broker added 167,339 new clients during the three months, taking the total number of clients to over 1.7 million. The number of active clients on the platform at the end of the quarter jumped to over 812K, from the previous quarter’s 735K.
Net deposits, however, dropped to PLN 3.1 billion (USD 806 million), compared to the previous quarter’s PLN 4.1 billion (USD 1.1 billion).
Crypto and Options in the Future
The Polish broker further confirmed that it plans to expand its product offering by adding physical cryptocurrency and options. It already offers crypto contracts for differences (CFDs).
For crypto offerings, XTB is seeking an MiCA licence and is “working on both drafting the necessary legal documents and making technological changes” to its applications. Meanwhile, the broker is awaiting the FSA’s approval of the option pricing model for its options offering.
XTB is also focused on geographical expansion. It has already started offering equities and exchange-traded funds (ETFs) to clients in Indonesia and plans to add CFD instruments in late 2025 or 2026. It entered the country last year with the acquisition of a local broker.
It is also in the process of obtaining a licence in Brazil, which is expected to be completed in 2025. Earlier this year, it secured its first Latin American licence from Chile.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
73% of Young Investors Say Traditional Wealth Building Is Broken – Here’s How They Trade Instead
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
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/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
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/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
