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XTB is an online brokerage company dealing in FX and CFD, more specifically they offer Forex, Indices, Commodities, Stock CFD’s, ETF CFD’s and even crypto trading. The company was established in 2002, though initially it was referred to as X-Trade.

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XTB Clone Scam: FCA Issues Urgent Investor Warning

The UK Financial Conduct Authority (FCA) has issued a warning about scammers cloning the website of XTB Limited, a UK-regulated broker. The fraudulent site, located at xtbtrading.org, closely mimics the official XTB website, using the same address ... [show/hide]

and contact details to deceive consumers. The scammers are also impersonating company representatives and may attempt to steal funds from unsuspecting users. The FCA cautions that this clone is particularly convincing, with nearly all site functions, including registration, appearing legitimate. Similar warnings have been issued by the FCA in previous years.

Tuesday 13 August, 2024

XTB has announced record-breaking revenue for the first half of 2024

Polish retail trading company XTB reported a record $938.1 million in revenue for H1 2024, up 12.9% year-over-year, with net profit rising 10% to $463.0 million. The client base grew by 232,300 to 1.11 million. Despite a weaker Q2, active clients ... [show/hide]

surged over 50% to 462,771. CFD trading volume increased 8.7% to 3.93 million lots. XTB is transforming into a universal investment app, with nearly 80% of new clients starting with stocks, ETFs, or Investment Plans. Net deposits more than doubled to $3.80 billion.

Monday 05 August, 2024

XTB Faces Spanish CFD Advertising Ban, Continues Operations

XTB, the largest Polish retail trading company, announced its continued operation in Spain despite new advertising restrictions on Contracts for Difference (CFDs) imposed by the Spanish National Securities Market Commission (CNMV). This decision ... [show/hide]

comes after a detailed review of the CNMV's interpretative criteria on product intervention measures for CFDs and leveraged products, published on July 12, 2024. The CNMV's guidance prohibits advertising CFDs and similar products in Spain and XTB stated that it will comply with these marketing restrictions effective immediately.

Monday 15 July, 2024

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