XTB reported preliminary financial results for the third quarter of 2025:

  • Strong momentum in acquiring new clients – adding over 221 thousand new users, which represents a 105.1% increase YoY.
  • The total number of clients has surpassed 2 million in October.
  • The number of active clients reached a record high, increasing by 75.9% YoY to over 919 thousand.
  • According to preliminary financial results for the third quarter of 2025, XTB’s consolidated net profit amounted to 12.5 million EUR (-73.8%), with consolidated revenues for the third quarter totaling 88.1 million EUR (-19.8%), primarily due to low activity in the financial and commodity markets in the third quarter of this year.


XTB’s business strategy focuses on dynamically growing the client base and reaching new target audiences. In September, the largest marketing campaign in history was launched across three continents. The increase in the efficiency of marketing activities is noteworthy. Despite a significantly larger scale of promotional efforts, there was a decrease in the average cost of acquiring a client, which amounted to 149 EUR in the third quarter. In contrast, over the last five quarters, it averaged 169 EUR.

In Q3 2025, XTB acquired a record of over 221 thousand new clients (+105.1% y/y) and the total number of clients surpassed 2 mln in October. The number of active customers also increased significantly, reaching a record level of close to 920 thousand, which means an increase of 75.9% year-on-year.

We have just completed the best quarter in history in terms of the number of new clients acquired and the number of active investors. October was also record-breaking in this regard, with nearly 96,000 people joining our client base in just the first twenty-seven days of the month. This result is particularly impressive considering that, despite a significantly larger scale of promotional activities, we increased the efficiency of acquiring new clients. This is important given that we are talking about a period when the financial markets were relatively calm. Therefore, I am convinced that in times of greater volatility, we will be able to appropriately leverage the potential of our client base, which should translate into a significant improvement in financial results, commented Paweł Szejko, CFO and XTB Board Member.

Record new customer acquisition and their investment activity

In the third quarter of 2025, XTB clients were actively investing in shares and exchange-traded products (ETPs), including ETFs. Year-over-year, trading in these instruments surged by 147.7%, reaching a total of USD 5.95 billion.

In the third quarter of 2025, contracts for difference (CFDs) on commodities made up 48.5% of total revenue, driven by gold, natural gas, and cocoa transactions. CFDs based on indices accounted for 32.4% of revenue, down from 44.9% in the previous year, largely due to the US 100, US 500, and VIX indices. Currency-based CFDs represented 10.8% of revenue, a decline from 14.6% last year, with cryptocurrencies like Ethereum, Bitcoin, and Ripple being the most profitable in this category

INet deposits totaled EUR 757.3 million, reflecting a significant 43.0% increase from the previous year, as clients capitalized on interest from their idle funds.

Product portfolio and global footprint expansion

XTB is strengthening its market position and rapidly expanding its customer base by making significant progress in non-European markets. The local XTB subsidiary in Indonesia has already acquired its first clients by offering stocks and ETFs and plans to introduce CFD instruments by the end of 2025 or early 2026.

The XTB team is also focused on preparing to include cryptocurrencies in its offerings. This addition is closely linked to the completion of the legislative process in Poland concerning the enactment of a law that aligns Polish regulations with the Markets in Crypto-Assets Regulation (MiCA). While awaiting this process, XTB is developing the necessary legal documents and implementing technological changes to enable the integration of crypto-assets.

Additionally, the company is working on introducing options to its offerings, which is contingent on the acceptance of the option pricing model by the Polish Financial Supervision Commission, and this process is currently underway.