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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Retail FX
XTB Reports a Solid 183.7% Surge on Its Net Profit during Q1 2022
Consolidated revenues amounted to PLN 439.8 million.
XTB acquired 55,333 new clients compared to 42,760 a quarter earlier.
Tuesday, 26/04/2022 | 19:41 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
CryptoCurrency
Ukraine Donations: Financial Companies Increase Support
Digital exchange EXMO recently created the ‘Save Ukraine Relief Fund’ and donated $1 million.
XTB also announced a donation worth 1 million PLN to two charity foundations.
Monday, 07/03/2022 | 13:59 GMT
by
Bilal Jafar
Retail FX
Analysis: German Active FX/CFD Retail Traders Base Grew 58% Last Year
84,000 people have actively traded CFDs or margin FX in Germany over the past 12 months.
cPattern reports that for most of 2021, the average FTD was $740.
Thursday, 03/03/2022 | 18:36 GMT
by
Damian Chmiel
Retail FX
XTB to Start Forex Trading in South Africa in Second Half of the Year
XTB is focusing on developing its forex business in the Middle East.
The forex and CFD broker is also keen on offering its products in Africa.
Thursday, 03/02/2022 | 07:35 GMT
by
Nicholas Otieno
Brokers
XTB Reports 69% Jump in Q4 Profits, CFDs Volume Improved
However, profits for the entire year went down 40.7 percent.
The client numbers also improved significantly.
Wednesday, 02/02/2022 | 06:46 GMT
by
Arnab Shome
Executive Moves
CAPEX.com Onboards Abdelhadi Laabi as Its New Chief Marketing Officer
Laabi has a proven history of contributing to company growth and expansion.
He will spearhead the marketing strategy and execution within the MENA region.
Thursday, 20/01/2022 | 09:17 GMT
by
Tom Hazan
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Executive Moves
XTB MENA Names Nadhir Ninouh as Its New Marketing Director for the MENA Region
Ninouh will be located at the Dubai International Financial Centre.
Prior to the announcement, Ninouh has been working for CAPEX.com as Head of Marketing.
Tuesday, 18/01/2022 | 14:19 GMT
by
Tom Hazan
Interviews
Interview: XTB’s Achraf Drid Discusses FX Growth and MENA Region
The MD of XTB MENA believes that the FX market will continue to grow in 2022.
Drid highlighted XTB’s growing sponsorship activities to increase its global presence.
Friday, 14/01/2022 | 08:08 GMT
by
Bilal Jafar
Executive Moves
XTB Appoints Jan Byrski as Chairman of the Supervisory of the Board
Byrski is expected to serve in the role until November 19, 2024, according to the company.
Monday, 22/11/2021 | 16:51 GMT
by
Felipe Erazo
Regulation
French AMF Slaps €300K Fine on Polish Broker XTB
The broker is yet to decide if it wants to appeal against the decision.
Wednesday, 10/11/2021 | 12:24 GMT
by
Arnab Shome
Brokers
XTB Reports a 40.8% Increase in Revenues in the Third Quarter of 2021
The broker saw over 38 thousand new clients during the period.
Monday, 25/10/2021 | 19:20 GMT
by
Felipe Erazo
Brokers
XTB MENA Launches Service, Starts to Onboard Clients
Services in the region will be available in both Arabic and English.
Monday, 11/10/2021 | 11:21 GMT
by
Arnab Shome
Brokers
XTB Gains Regulatory License in South Africa
The broker recently received another license from Dubai’s DFSA.
Wednesday, 11/08/2021 | 11:45 GMT
by
Arnab Shome
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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
Brokers
XTB MENA Receives a License from the Dubai Financial Services Authority
XTB MENA is now allowed to operate from Dubai by offering its services to clients in the Middle East and North Africa.
Tuesday, 13/07/2021 | 19:14 GMT
by
Felipe Erazo
Brokers
XTB Puts Several Crypto Pairs to Close-Only Citing Volatility
At least 20 cryptocurrencies are on this list.
Wednesday, 12/05/2021 | 12:14 GMT
by
Arnab Shome
Brokers
XTB Aims to Start UAE Operation by the First Half of 2021
The broker is still in the process of obtaining a DFSA license.
Monday, 26/04/2021 | 12:02 GMT
by
Arnab Shome
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
XTB Board Approves 2020 Dividend at PLN 1.79 per Share
The XTB board has authorized the company to pay PLN 210.1 million ($54.7 million) of its 2020’s net profit.
Friday, 12/03/2021 | 16:36 GMT
by
Aziz Abdel-Qader
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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Brokers
XTB Profit Increases Sixfold in 2020, Revenues up 300% YoY
Quarterly positive metrics were offset by a surge in operating expenses which rose sizably by 76% in Q4.
Wednesday, 03/02/2021 | 17:57 GMT
by
Aziz Abdel-Qader
Brokers
XTB Shares Gain 12% with Positive Regulatory Review on Dividend
The brokerage posted a solid rise in revenue and profits in the last several quarters.
Monday, 28/12/2020 | 13:28 GMT
by
Arnab Shome
Brokers
XTB to Set up Shop in Asia Next Year, South Africa Subsidiary on Hold
XTB subsidiary in South Africa has been in the licensing process for two years but has not obtained the license to date.
Thursday, 10/12/2020 | 16:30 GMT
by
Aziz Abdel-Qader
Brokers
Why Brokers Are Choosing Poland? A Country with 100:1 Leverage on the Industry Radar
Recently more and more brokers have been opening their offices in Poland
Monday, 07/12/2020 | 11:58 GMT
by
Sylwester Majewski
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