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Brokers

XTB MENA Adds Crypto CFDs to Broaden Offerings

  • The platform is offering leverage of up to 1:5.
  • Initially, it listed 19 cryptocurrencies.
Thursday, 26/05/2022 | 05:15 GMT by Arnab Shome
Brokers

12 Years of IPO Promises. Why FX Brokers Do Not Go Public

  • The previous year was a record in terms of IPOs.
  • However, the list of publicly traded brokerage companies has not changed at all since 2016
Monday, 23/05/2022 | 11:46 GMT by Sylwester Majewski
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
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
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
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
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