xtb
XTB Loses AI Chief in Industry-Wide Brain Drain Battle
- The Polish broker may face a leadership gap following the departure of Tomasz Gawron for a research role.
- His exit highlights the broader industry's struggle to retain artificial intelligence expertise, including giants like HSBC and Goldman Sachs.
Tuesday, 09/09/2025 | 08:12 GMT by
Damian Chmiel
XTB Appoints Former Polish Financial Regulator to Management Board
- Bartosz Osiński brings 17 years of risk management experience from KNF and major brokerages.
- For most of his career, he was associated with the brokerage house TMS, which now belongs to OANDA.
Wednesday, 27/08/2025 | 10:03 GMT by
Damian Chmiel
IG CEO Made $4.5 Million in FY25, but Still Earns Less Than Top Plus500 Executives
- Breon Corcoran was paid £896,000 ($1.19 million) in fixed salary, with an additional over £2.45 million ($3.27 million) in bonuses.
- Plus500's CEO and CFO both pocketed a total of $4.97 million each, a yearly rise of 30 per cent, in fixed and variable.
Wednesday, 13/08/2025 | 11:35 GMT by
Arnab Shome
XTB to Pay Back All Client Losses From Cyberattacks After Alleged 150K Polish Hack Goes Viral
- The company admitted that a small percentage of its clients fell victim to attacks, and none of them had 2FA enabled.
- It also plans to implement additional security measures in its mobile app in the coming months.
Wednesday, 06/08/2025 | 06:36 GMT by
Damian Chmiel
361,000 New Friends, But Where's the Money? XTB Shares Plunge as Q2 Results Miss Estimates
- Polish broker's stock falls 6.4% despite record client growth and projections to reach 2 million customers this year.
- The main reason for the decline is net profit, which grew in Q2 but still came in below analysts’ expectations.
- Moreover, operating costs surged 48% as the company prioritizes market expansion over short-term profitability.
Friday, 01/08/2025 | 11:50 GMT by
Damian Chmiel
XTB Pushes Up Q2 Profit Despite Stagnant Revenue; Plans to Add Crypto and Options Trading
- 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.
Friday, 01/08/2025 | 04:38 GMT by
Arnab Shome
Alleged XTB Hack Highlights Retail Trading Risks: 2FA Becomes Bare Minimum to Protect Your Funds
- Potential breaches of fintech's client accounts have sparked a debate about the security of deposits held with trading firms.
- 2FA is often the only line of defense used by CFD brokers, and their security measures lag significantly behind those of the banking sector.
- While two-factor authentication, for example, is mandatory at Plus500, Robinhood merely “encourages” users to enable it.
Tuesday, 15/07/2025 | 11:07 GMT by
Damian Chmiel
XTB Tightens Security, Mandates 2FA After Alleged Client Hack Results in 150K Loss
- The trader reportedly lost 75% of his account through hundreds of suspicious transactions executed by a third party.
- The fintech stated that it is investigating the situation and is responding by enhancing its security measures.
Tuesday, 08/07/2025 | 13:39 GMT by
Damian Chmiel
XTB Shares Tumble to Three-Month Lows as Selling Streak Continues
- Polish online broker falls 3.8% on Monday, breaking below key technical levels.
- The 22% decline from May highs contrasts sharply with sector peers, including Plus500, which posted gains on strong trading updates.
Monday, 07/07/2025 | 08:54 GMT by
Damian Chmiel
XTB Expands Polish Retirement Investing Offerings With IKZE Launch
- 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.
Tuesday, 01/07/2025 | 10:43 GMT by
Damian Chmiel
XTB Beefs Up eWallet with 19 Currencies Before Summer to Compete in Travel Payments with Revolut
- The publicly listed fintech adds new payment options ahead of the summer travel season, positioning itself as a direct competitor to Revolut.
- The company is also testing additional features and preparing to launch retirement savings accounts for Polish investors.
Tuesday, 17/06/2025 | 19:08 GMT by
Damian Chmiel
XTB Makes Tennis Debut at Roland Garros with 10-Player Sponsorship Strategy
- After partnering with high-profile athletes like Casillas and Ibrahimović, the company is now shifting its focus to emerging players.
- Thirteen years ago, the fintech made its sports debut as a Formula 1 partner, now it’s adding tennis to its lineup.
Wednesday, 11/06/2025 | 10:22 GMT by
Damian Chmiel
XTB UK Posts 120% Jump in Annual Profit Despite Revenue Decline: “Transition from a Pure CFD Broker”
- The UK trading platform's 2024 profit surged to £374K in 2024, but revenue fell to £4.5M.
- The customer base grew by 59% while launching Investment Plans, ISA products, and ETF portfolio builders.
Wednesday, 28/05/2025 | 05:06 GMT by
Damian Chmiel
XTB Co-Founder Jakub Zablocki Continues Liquidation: Sold $194M Worth of Broker Shares
- He recently sold 9.4 million XTB shares, representing around 8 per cent of the company’s total issued shares.
- He now holds a 35.78 per cent stake in the Polish broker.
Tuesday, 20/05/2025 | 07:14 GMT by
Arnab Shome
eToro Follows XTB into the French Savings and Retirement Market, Opens New Office in Paris
- eToro has established a French subsidiary and partnered with Generali to offer retirement and insurance products.
- The fintech follows competitor XTB's recent entry into the local long-term investment market with PEA accounts.
- Both trading platforms are expanding beyond active trading to capture the much larger market of passive, long-term investors.
Monday, 19/05/2025 | 10:03 GMT by
Damian Chmiel
XTB Tops Polish Brokerage Rankings after Adding Over 25,000 Accounts in April: Report
- In April 2025, XTB added 25,400 new accounts, bringing its total to 491,700, overtaking BM mBank.
- XTB’s rise is attributed to a strategic focus on retirement and long-term investment products, which have gained popularity among retail investors.
Friday, 09/05/2025 | 13:51 GMT by
Jared Kirui
XTB's Revenue Mix Shifts From USD and Gold as Index CFDs Dominate Q1 2025 Results
- At the beginning of the year, CFDs accounted for over 97% of XTB’s revenue, with more than half generated from index-based contracts.
- The results were well received by the market, and XTB shares rose 6% on Tuesday, reaching new all-time highs.
Wednesday, 30/04/2025 | 10:35 GMT by
Damian Chmiel
XTB Targets 7 Million PEA Long-Term Investors Over 30,000 CFD Traders in France
- The fintech has launched French PEA tax-advantaged investment accounts as part of its strategy to attract long-term investors.
- The move follows the introduction of similar accounts in the UK (ISA) and Poland (IKE).
- The French CFD retail market is rather small, attracting less than 30,000 active traders. The PEA market is more than 23 times larger.
Thursday, 24/04/2025 | 09:58 GMT by
Damian Chmiel
XTB Trading Volume Triples Record Covid-19 Pandemic Levels Amid Trump's Tariff Volatility
- 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.
Thursday, 17/04/2025 | 13:13 GMT by
Damian Chmiel
XTB Advances 4% to All-Time High After 10 Million Zlotys Share Buyback Announcement
- XTB shares reached a new record on Tuesday, jumping after the company initiated a $2.5 million share buyback program.
- The Polish fintech plans to repurchase up to 95,248 shares by September 30 as part of its employee incentive plan.
Tuesday, 15/04/2025 | 07:47 GMT by
Damian Chmiel
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