News for Investors

  • 2023.08.23
    XTB’s business strategy and operations vs. the regulations on activities marketing activities related to CFDs

    In connection with the information appearing in recent days regarding the potential impact of the guidelines published by the Spanish CNMV (Comisión Nacional del Mercado de Valores) on our business, we would like to remind of key information relevant from the point of view of our clients and investors:

     

    1. The guidelines published by the CNMV on July 18, 2023 refer to the prohibition of advertising CFDs, but do not refer to the rules of offering this product to clients or to advertising activities for other products. For XTB this means that we will continue to actively conduct advertising activities on the Spanish market.

     

    2. The local Spanish regulations have been reviewed by the European Securities and Markets Authority (ESMA). According to this opinion, there are no preconditions which allow to state that similar regulations should be introduced on other markets.

     

    3. Nothing changes in our business and advertising strategy. As in previous years, we will focus on promoting the rest of our products from our offer, building awareness of the XTB brand and educational activities as well as building financial knowledge among our clients.

     

    4. We are consistently implementing our business strategy and expanding our product offerings in all markets of our activity. Through our platforms we offer the opportunity to invest in, among others, stocks, ETFs or Fractional Shares.

     

    5. We are constantly developing the offer for our clients. We are currently finalizing the work related to launch of a new product for a long-term, passive investment.

     

    At the same time, as XTB, we support all activities of local regulators, whose aim is to protect the rights and interests of investors. From our point of view, the new CNMV guidelines will strengthen our competitive position in the long term and will allow us to clear the local market of unfair practices that have negatively impacted the image of the entire industry.

  • 2023.08.21
    Impact of recent CNMV regulations on XTB’s operations on the Spanish market

    As XTB, we support all activities of local regulators aimed at protecting the rights and interests of investors. From our point of view, the changes in the CNMV (Comisión Nacional del Mercado de Valores) guidelines regarding the ban on advertising and any marketing activities related to CFDs (contract for difference) on the local market will help clean the local market of unfair practices that negatively affected the image of the entire industry.

     

    We have not conducted any significant advertising activities related to CFDs in Spain for almost two years, hence the impact of the new regulation on XTB’s operating activities is assessed as minor. In recent years, our marketing activities on this market have focused primarily on the promotion of the stock offer and educational activities. In connection with the CNMV guidelines, we have adapted our websites, social media activities, principles of cooperation with partners and payment methods offered to customers. All these changes have already been implemented.

     

    Since the introduction of the CNMV guidelines, we do not see any significant changes in terms of the pace of acquiring new customers in this region. In our opinion, in the long term, this regulation will contribute to further strengthening XTB’s market position in Spain, also because the product offer of our local competition is limited. Soon, customers from this region will be able to use our new – passive product. On the other hand, XTB’s marketing strategy on the Spanish market will not change significantly. At the beginning of 2024, we are planning a large advertising campaign related to our new concept of communication with clients.

  • 2023.03.15
    XTB winner of the Listed Company of the Year 2022 ranking

    XTB was the winner of the 24th edition of the “Listed Company of the Year 2022” ranking of the best companies listed on the Warsaw Stock Exchange, taking 3rd place in the main ranking.

     

     

    Listed Company of the Year is one of the oldest, most prestigious and comprehensive rankings, with a 24-year history. Every year, the company is selected by 100 stock exchange analysts, investment advisors and managers representing brokerage houses and offices, pension and investment funds.

     

    Experts assess which company has the most competent management board, achieved the most spectacular success in the previous year, can boast of the best quality of products and services in the stock exchange rate, has the best relations with investors and has the most interesting development prospects.

  • 2022.03.01
    XTB supports Ukraine

    The recent invasion of Ukraine touched us all deeply. The unjustified act of aggression has affected hundreds of thousands of civilians who need shelter, food, medicine and other support to survive this crisis. This tragedy has also affected our friends and colleagues at XTB.

    Faced with those worrying developments we could not stay indifferent. This is why we decided to donate 1 million PLN to two charity foundations helping Ukraine during this humanitarian crisis.

  • 2021.12.22
    XTB adopts the ESG strategy


    XTB has just adopted a detailed ESG strategy for sustainable development, which is one of the pillars of XTB’s business strategy. Its three main areas are environment, social responsibility and corporate governance.


    The ESG strategy also includes specific goals and tasks for the coming years. As a technology company XTB strives to digitize its processes as much as possible, and thus lower its carbon footprint and ultimately reach carbon neutrality. Additionally, in the area of caring for the natural environment XTB focuses on educating its employees and associates and promoting good practices.


    In the area of social responsibility, the company puts the strongest emphasis on economic education. XTB wants to provide everyone interested in the functioning of financial markets with an open access to knowledge on this subject. Therefore, it is constantly expanding the free base of educational materials, where one can find numerous articles, videos and comments on market insights. XTB’s social goal is also to create a working environment that is friendly to all employees respecting their values, ensuring equal treatment and their comprehensive development.


    In the third area – corporate governance – XTB wants to develop the position of one of the world’s largest Forex / CFD brokers, listed and supervised by regulatory bodies on financial markets where the company is present: FCA, BaFin, ACPR, CySEC, IFSC. The company also puts emphasis on clear and transparent communication with all its stakeholders, especially regarding long-term goals and planned activities. All initiatives in the area of social responsibility are carried out by the XTB Capital Group and the XTB Foundation, which was established in 2020.


    The implementation of the adopted ESG Strategy will be monitored and reported on an ongoing basis. The implementation of the ESG Strategy and initiatives in this area is coordinated by the ESG Manager who is directly reporting to the Management Board of XTB in the structure of the organization. For the detailed information on XTB’s sustainable development strategy visit ir.xtb.com website – tab ESG.

  • 2021.10.20
    XTB joined the group of Signatories of the Diversity Charter


    On October 20, 2021, XTB joined the group of Signatories of the Diversity Charter, thus taking another step towards social cohesion and equality.


    The Diversity Charter is a written commitment which is signed by organizations that oblige themselves to the introduction of equal treatment policy and diversity management, as well as active prevention of discrimination and mobbing in the workplace.


    By signing the Diversity Charter, a company commits to non-discrimination in the workplace and to introducing policies that create and promote diversity. In Poland, the Charter is coordinated exclusively by Responsible Business Forum and held under the auspices of the Commissioner for Human Rights.


    Over 12 thousand signatories in 26 European countries so far, and over 300 signatories in Poland. The Diversity Charter is an international initiative promoted by the European Commission. Thousands of companies, organizations and institutions have signed the Charter in 26 countries of the European Union. The work on the implementation of the Charter is pending in other European countries.

  • 2021.08.11
    XTB AFRICA (PTY) LTD licensed to operate in South Africa

    The Management Board of XTB informs that, to the best knowledge of the Company, on August 10, 2021, XTB AFRICA (PTY) LTD received a license from the FSCA (Financial Sector Conduct Authority) to operate in South Africa.

    Obtaining a license in South Africa is another step in the international geographical expansion of XTB as part of our development strategy, leading to building a global brand.

  • 2021.07.19
    Trigon DM has started issuing recommendations for XTB

    The analysts of Trigon DM, in the report of July 19, 2021 started issuing recommendations for XTB with a “buy” recommendation and a target price of PLN 24.1. The recommendation was developed by Trigon DM at the request of the Warsaw Stock Exchange as part of the Analytical Coverage Support Programme 3.0 for 2021–2023 . The authors of the report are Maciej Marcinowski and Michał Literski.

  • 2021.07.11
    XTB MENA Limited licensed to operate in the UAE

    The Management Board of XTB informs that on July 11, 2021, XTB MENA Limited received a notification from the DFSA (Dubai Financial Services Authority) about granting the company a license to operate in the UAE with the effective date July 8, 2021.

    Obtaining the DFSA license is an important step in the international geographical expansion of XTB as part of our development strategy, leading to build a global brand. With the opening of our new Dubai office, we will be able to offer our services to MENA clients with world-class trading technology and best-in-class support.

  • 2021.07.10
    XTB MENA Limited – update of license information

    In connection with questions addressed to the Company regarding the license for XTB MENA Limited in the UAE, we would like to inform you that, to the best of our knowledge, we have fulfilled all the conditions set for us by the DFSA regulator in the preliminary approval of November 2020. This is now subject to verification by the regulator and we are waiting for his decision. As soon as we receive it, we will share this information with you.

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