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Poland
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Retail FX
OANDA Moves European Operations Base to Poland
OANDA acquired Poland's TMS Brokers in 2021.
It now closed operations in Malta.
Friday, 17/03/2023 | 06:06 GMT
by
Arnab Shome
Retail FX
XTB Seeks to Commit 50% of Profit to Dividends, 25% to Shares Buyback
XTB's net profit skyrocketed 214% to $171.6 million in 2022.
The intended actions are dependent on Polish financial markets regulator's approval.
Wednesday, 08/03/2023 | 18:24 GMT
by
Solomon Oladipupo
Retail FX
Polish Court Upholds XTB's $2.2m Fine over Differential Slippage from 2018
The fine was initially imposed five years ago.
XTB appealed the decision in court but to no avail.
Wednesday, 01/03/2023 | 11:56 GMT
by
Damian Chmiel
Retail FX
OANDA to Exit Malta in March, to Run European Business from Poland
OANDA says the move is to help "consolidate its operations" in Europe.
The broker recently unveiled a new visual identity.
Monday, 06/02/2023 | 17:41 GMT
by
Solomon Oladipupo
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Executives
Conotoxia Hires Ireneusz Pukin as Polish Branch Director
Pukin has been involved in the Polish FX/CFD industry for many years.
In the past, he ran his own FX educational website and crypto exchange.
Wednesday, 11/01/2023 | 11:19 GMT
by
Damian Chmiel
Institutional FX
Losers Topple Gainers as Retail Trading Dominates Polish FX Markets in 2021
72% of active traders in Poland’s FX market incurred losses in 2021.
Polish and foreign traders lost zł1.1 billion last year.
Wednesday, 29/06/2022 | 19:14 GMT
by
Solomon Oladipupo
Institutional FX
Poland's GPW Acquires 65% Stake in Armenia's Only Stock Exchange
GPW and CBoA signed a share purchase agreement on Tuesday.
CBoA described the move as 'a turning point'.
Tuesday, 28/06/2022 | 22:16 GMT
by
Solomon Oladipupo
FinTech
First Derivative Announces New Office in Poland
The company recently launched an office in Toronto, Canada.
First Derivative opened the new office amid 'significant demand'.
Monday, 20/06/2022 | 19:46 GMT
by
Felipe Erazo
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CryptoCurrency
Former CEO and Founder of BitBay Is Reportedly Missing
His family has not heard from him since Thursday when he left for a business meeting.
Shareholders of the crypto exchange may be linked to the criminal world, reports say.
Tuesday, 15/03/2022 | 01:06 GMT
by
Felipe Erazo
Brokers
Polish Broker XTB to Distribute $40M as Dividend from 2021 Profits
It will be distributing PLN1.5 per share as dividends.
The remaining profits will be kept in reserve capital.
Thursday, 10/03/2022 | 13:48 GMT
by
Arnab Shome
Analysis
Is Poland Still the European Tiger in the Forex World?
80,000 Poles were actively trading Forex in 2020.
During the first year of the pandemic, they recorded an FX profit of 227 million zlotys.
Tuesday, 25/01/2022 | 14:05 GMT
by
Damian Chmiel
Retail FX
KNF Warns Polish Consumers Engaging in High-Risk Investment Platforms
KNF is worried that local consumers could lose their money on high-risk platforms.
Friday, 03/12/2021 | 14:25 GMT
by
Finance Magnates Staff
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Regulation
Polish Regulator Adds Dublin-Based AvaTrade to Warning List
The broker operates in Poland with its Irish license.
Wednesday, 10/11/2021 | 07:07 GMT
by
Arnab Shome
Brokers
Exclusive: Conotoxia Eyes to Open More Branches in Europe
The company recently opened a local branch in Poland.
Thursday, 21/10/2021 | 11:36 GMT
by
Arnab Shome
Brokers
Conotoxia Opens Branch in Poland as Part of Its European Expansion
Clients now have access to all Conotoxia transactional features available in Polish and with local support.
Monday, 18/10/2021 | 20:02 GMT
by
Felipe Erazo
Brokers
XTB Turns Losses in Q2 as Market Volatility Wears Off
The first half results still stood strong with excellent Q1 numbers.
Thursday, 29/07/2021 | 06:33 GMT
by
Arnab Shome
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Brokers
77.7% FX Traders on Polish Brokers Ended 2020 in Losses
The average loss of each trader in 2020 remained at PLN 11,370.
Thursday, 15/07/2021 | 13:07 GMT
by
Arnab Shome
Regulation
Poland’s UKNF Reminds Crypto Market Is Not Regulated, Mentions Binance
The authority says that Binance Markets Limited's core business is offering services on a market that is not regulated.
Wednesday, 07/07/2021 | 20:01 GMT
by
Felipe Erazo
Retail FX
Conotoxia Adds Skrill as a Payment Method
Customers can now fund their Forex accounts held at Conotoxia platform via Skrill.
Tuesday, 22/06/2021 | 18:07 GMT
by
Felipe Erazo
News
Poland Gets Custody of Gang Leader Linked with Crypto Capital Fiasco
He was arrested in the Netherlands last October and was extradited to Poland last week.
Monday, 24/05/2021 | 10:42 GMT
by
Arnab Shome
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Brokers
XTB Posts 121.3% QoQ Gain in Profits, Client Figures Hit Record
The broker added 67,231 new traders in the quarter as active clients hit 103,425.
Friday, 23/04/2021 | 17:39 GMT
by
Arnab Shome
Brokers
OANDA Completes Acquisition of Polish Company TMS Brokers
The Polish Financial Supervision Authority approved the deal earlier this month.
Tuesday, 30/03/2021 | 08:35 GMT
by
Bilal Jafar
Brokers
LMAX Migrating Its Polish Clients to Local Broker Conotoxia
The broker did not provide any timeline for the migration.
Friday, 19/02/2021 | 10:19 GMT
by
Arnab Shome
Brokers
Polish FX Exchange Conotoxia Plans IPO after 2020 Revenue Surge
Turnover from its forex division surged six times last year.
Thursday, 18/02/2021 | 12:42 GMT
by
Arnab Shome
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Retail FX
Poland’s UOKiK to Probe XTB and Others for Trading Outage
The department is checking if the traders have suffered losses due to these outages.
Monday, 15/02/2021 | 11:04 GMT
by
Arnab Shome
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