XTB has recorded by far the best quarter in its operational history. Consistently executed marketing activities, combined with high volatility in financial markets, translated into record net profit and the highest operating revenues ever. Furthermore, the company acquired over 370,000 new clients in Q1 2026.
The first quarter of 2026 demonstrated that a strategy based on consistent client base growth and branding XTB as the “first-choice financial app” is highly effective under conditions of increased market volatility. Such a situation occurred during the period discussed, which initially saw significant volatility in the precious metals market, followed by an escalation of the conflict in the Middle East in the second half, which also significantly impacted the situation on financial markets.
In this environment, XTB generated an estimated net profit of PLN 535 million, the best result in the company’s history. This represents an increase of nearly 176% compared to the same period last year. The past quarter also saw record operating revenues exceeding PLN 1.09 billion, an increase of 88.5% y/y.
The most profitable asset class in Q1 2026 was commodity CFDs, accounting for 88.5% of gross revenue from financial instrument operations. Currency CFDs, including cryptocurrencies, ranked second with a 5.1% share.
“The past quarter confirmed the validity of our development strategy. Not long ago, in October 2025, we indicated that our client base had the potential to generate over PLN 500 million in net profit under favorable market conditions. This is exactly what happened at the first available opportunity. Therefore, despite a record-breaking quarter, we are not resting on our laurels. We are consistently pursuing our strategy based on increasing the dynamics of new client acquisition, strengthening the XTB brand as the first-choice investment app in Europe, and developing our product offering to meet the expectations of even the most demanding clients,” says Omar Arnaout, President of the Management Board of XTB.
XTB already has over 2.5 million clients worldwide
Broad marketing activities conducted across both online and offline channels allowed for increased dynamics in acquiring new clients. In Q1 2026, over 370,000 new clients joined XTB, an increase of 90.4% y/y. This dynamic acquisition pace translated into a total client base of over 2.5 million at the end of the period, 62.8% more than a year earlier. It is also worth noting that the company recorded a record number of active clients, reaching nearly 1.27 million. This is an increase of over 72% y/y.
Retirement accounts—IKE and IKZE—continue to enjoy very high interest among Polish investors. Over 159,000 of the former and over 41,000 of the latter have already been opened. Accounts supporting long-term investing in other markets are also gaining popularity. France is particularly noteworthy, where nearly 11,000 PEA accounts have already been opened.
The nominal value of client assets accumulated in XTB accounts is also growing. At the end of March 2026, it amounted to over PLN 49.5 billion. Stocks and ETFs held the largest share of this amount. This indicates that XTB’s transformation from a CFD broker into a comprehensive personal finance management fintech is heading in the right direction.
“I am very pleased with the growing dynamics of client acquisition. Despite the increasing scale of our activities, we still maintain appropriate cost discipline, and the cost of client acquisition remains stable. It is also gratifying that XTB is gaining importance in our key foreign markets, such as France and Germany. I believe that recently announced marketing projects, including cooperation with Paris La Défense Arena and sponsorship of the Basketball World Cup, will allow us to establish an even stronger presence in the minds of investors there,” says Arnaout.
Intensive product development
In the first quarter of 2026, the company expanded call and put option trading to additional markets—Spain and Germany. The Spanish market is particularly significant, as the company previously had limited promotional opportunities there due to regulations regarding CFD contracts. Furthermore, active investors gained more analytical capabilities through the implementation of charts based on TradingView technology.
It is also worth noting that Investment Plans 2.0 have entered the next stage of development. They are currently being tested by a dedicated group of testers. The new version of XTB’s flagship product is designed to be even more intuitive and user-friendly for new users.
Work continues on making spot cryptocurrency trading available. Cyprus will be the first market to feature this functionality—planned for the first half of 2026. Subsequently, this solution will be implemented in the LATAM region and other European markets, subject to obtaining the necessary regulatory approvals. The company emphasizes that it remains interested in obtaining the appropriate authorization in Poland as well, should the opportunity arise.
