- XTB reports Q3 revenue of PLN 470.2 million, achieving a net profit of PLN 203.8 million with strong client acquisition.
- With 108,104 new clients in Q3, XTB’s effective marketing lowered acquisition costs to PLN 700 per client, outperforming competitors.
XTB reported impressive third-quarter results, achieving revenues of PLN 470.2 million ($117.6 million) and a net profit of PLN 203.8 million ($51.0 million). A key highlight was the company’s rapid client acquisition, with 108,104 new traders joining XTB in Q3 alone.
This significant growth stems from strategic marketing efforts, with XTB investing PLN 71.6 million ($17.9 million) in marketing for the quarter. This translated to an average client acquisition cost of just PLN 700 ($175), much lower than competitors like Plus500, where costs reached $1,517 per client.
XTB has onboarded over 100,000 clients each quarter in 2024, bringing total acquisitions to 340,420 for the year. This surge reinforces XTB’s position as a leader in the brokerage sector, highlighting its effectiveness in attracting and retaining new clients.
