Tag: XTB

January 25, 2024 BY Simon Mugo

XTB Launches Auto-Invest Feature To Boost UK ETF Investments

To further encourage the adoption of its Investment Plans in the UK, XTB has launched a new promotional campaign. This initiative underscores the advantages of automated, long-term, passive investment strategies. The firm underscores the benefit of this approach, highlighting the adaptability in modifying investment allocations to suit investors' changing objectives and preferences. Joshua Raymond, Director…

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January 08, 2024 BY Simon Mugo

XTB Launches New ETF Passive Investment Plan in the UAE

The Investment Plans feature pre-made portfolios, allowing investors to easily access ETFs with allocations automatically managed based on their risk preferences. With plans starting at just $15, investors can combine up to 9 ETFs covering a diverse range of assets and geographies. This product is particularly tailored for individuals seeking passive investment options without the…

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January 04, 2024 BY Simon Mugo

XTB Launches Auto-Trading as Part of Passive Investment Plans

Since the previous autumn, XTB customers have had the opportunity to invest in passive instruments for medium to long-term strategies. These Investment Plans allow for up to 10 unique investment portfolios based on selected ETF funds, each accommodating up to 9 funds and a minimum investment of $15. The company had announced its intention to…

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December 12, 2023 BY Simon Mugo

XTB Introduces Fractional Share Trading Within Its UAE Offering

Achraf Drid, CEO of XTB MENA, highlighted that fractional shares lower entry barriers for Middle Eastern customers interested in stock investments. XTB's goal is to cultivate an equity culture where private investors of any portfolio size can invest in companies they believe have significant growth potential. Before the introduction of fractional shares, certain high-value stocks…

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July 27, 2023 BY Steffy Bogdanova

XTB sees net profit drop 12% in H1 2023, new clients jump 66%

Active clients XTB registered a record 167,000 new clients in H1, seeing a 65.5%YoY surge from the same period the previous year. The Warsaw Stock Exchange-listed company’s active clients also jumped to 274,450 by 44.4% However, XTB's CFD profitability per lot, representing the profit on a per-trade basis, experienced a 17.4% YoY decline, reaching PLN…

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February 02, 2023 BY Steffy Bogdanova

XTB revenue falls in Q4 but full year results remain strong

Net profit for the period stood at PLN 50 million, suffering 27% fall YoY and 78.8% drop QoQ. However, the full year results were positive for the broker. The revenue for 2023 reached PLN 1.444 billion, skyrocketing 130.9% from the previous year. Net profit jumped 222% to PLN 765.7 million Active clients The numbers of…

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October 27, 2022 BY Steffy Bogdanova

XTB nearly doubles its revenue in Q3

The broker also saw a 52.7% increase in the CFDs trading volume on its platform from 1.044 million to 1.594 million lots of contracts. Active clients The acquisition of new clients of on the platform slightly decreased in the last quarter, compared to the previous one. The broker registered 44,800 new clients from July to…

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February 02, 2022 BY Steffy Bogdanova

XTB sees 71% rise in Q4 net profits

Active clients growth The numbers of active clients on the platform improved significantly in the fourth quarter, as well as the year. The broker registered 42,760 new clients in Q4, 11.3% more than the same period the previous year. The active clients on the platform came at 127,174 in the Q4, 75.8% higher than the…

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