XTB Becomes Largest Brokerage Firm in Poland By Accounts
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XTB, a public brokerage firm based in Poland, said it now holds the highest number of client accounts in the country. The news comes after the company passed BM mBank, which held the top spot for 15 years. According to the National Depository for Securities (KDPW), XTB added 25,400 new accounts in April. This brought its total to 491,700, placing it firmly ahead of its main competitor.
During the same period, BM mBank saw a smaller increase of just 2,900 accounts. According to reports, the total number of accounts across all Polish brokerages rose by 33,400. That brings the nationwide figure to about 2.11 million accounts. However, the data did not explain how many of those accounts are actively used.
XTB Offers Tax-Friendly Accounts Like IKE (Poland), ISA (UK), And PEA (France)
XTB’s rise has not happened overnight, and the company said it has been working toward this position for several years. According to reports, XTB focused on offering retirement and long-term savings products. It now gives access to tax-advantaged accounts like IKE in Poland, ISA in the UK, and PEA in France. These accounts help investors save with lower tax costs over time.
In the first quarter of this year, XTB had 55,000 IKE accounts on its platform. This shows a growing demand from users who prefer to save money for the long term. The company said it also introduced automatic Investment Plans to help users handle their investments more easily. These tools aim to attract younger users who want to invest but may not have much experience.
XTB said it is focusing more on younger retail clients who want simple tools for saving and investing. Early this year, the company released a new multi-currency eWallet, in partnership with DiPocket UAB and backed by Mastercard. The wallet helps users exchange money between currencies without extra charges. It also offers global ATM access and fast transfers.
New Trends In Poland’s Investment Culture Boost XTB
XTB’s fast growth shows a shift in how Polish investors are managing their money. Many users are choosing digital platforms that offer global access, tax-friendly options, and low trading costs. Experts said this trend reflects changing habits, especially among younger investors. These users often prefer tools that are easy to understand and match their long-term goals.
Looking ahead, XTB said it plans to launch IKZE accounts during the second quarter of this year. IKZE is another retirement savings tool available to Polish investors. The company is also working on adding options trading and direct cryptocurrency investments. These features would expand its current list, which includes CFDs and ETFs.
