XTB.com revenues down 7% in Q4 to $46M, profits down 32% to $17M
Q4 was slightly weaker on both the top and bottom line than Q3 at XTB, although still much improved from a very weak Q2.
Q4 was slightly weaker on both the top and bottom line than Q3 at XTB, although still much improved from a very weak Q2.
Retail FX brokers Capex.com and XTB have just exchanged marketing heads for the MENA region / Arabic speaking world.
Jan Byrski is a professor in Economic Law in the Faculty of Finance at the Kracow University of Economics.
AMF fines X-Trade Brokers Dom Maklerski for breaches of its professional obligations due to the activities of its French branch.
Client CFD trading volumes averaged $168 billion monthly at the company’s XTB.com brand in Q3.
Jaroslaw Jasik resigned from applying for the next term of office of XTB’s Supervisory Board for personal reasons.
International expansion, and specifically starting operations in the UAE and South Africa, were key goals for XTB during 2021.
XTB recorded a greater number of transactions at a loss, which led to a decrease in XTB’s market making result.
The conditions referred to were made by the DFSA, when it granted XTB preliminary approval in November 2020.
The intention of the XTB Management Board is to start operating activities in United Arab Emirates in the first half of 2021.