The Polish-listed brokerage firm XTB became the
country’s largest brokerage by number of accounts, ending BM mBank’s 15-year run at the top.
According to data from the National Depository for Securities (KDPW), XTB added 25,400 new accounts in April, pushing its total to 491,700. Meanwhile, BM mBank saw a more modest rise of 2,900 accounts, local media outlet parkiet.com reported.
Across the entire Polish brokerage market, account
numbers grew by 33,400 to 2.11 million, although the figures do not distinguish
between active and inactive users.
Strategic Push into Retirement Products
XTB’s climb has been years in the making, with
strategic moves to tap into growing interest in retirement and long-term
investment products. The broker now offers tax-advantaged retirement accounts
tailored to multiple markets, including IKE in Poland, ISA in the UK, and PEA
in France.
As of Q1 2025, the platform hosted 55,000 IKE
accounts, indicating strong demand from long-term savers. The company also
introduced automated Investment Plans to help investors manage portfolios more
efficiently.
These features reflect a broader trend among younger
retail clients who seek accessible, goal-oriented financial tools. XTB’s
product development extended beyond investment tools. In early 2025, it
launched a multi-currency eWallet and card, offered in partnership with
DiPocket UAB and backed by Mastercard.
The wallet allows commission-free currency exchanges,
instant transfers, and global ATM access. XTB views the eWallet as a key
building block in its long-term vision of becoming a one-stop financial
platform.
Crypto, Options, and More Retirement Tools
In the second quarter of 2025, XTB plans to launch
IKZE accounts, another form of retirement savings vehicle available in Poland.
It is also working on adding options trading and direct cryptocurrency
investments, expanding beyond its current offerings in CFDs and ETFs.
XTB’s rapid expansion highlights a shift in Poland’s
retail investment culture. More individuals are reportedly turning to digital
platforms that blend low-cost execution with access to global markets and
tax-efficient savings.
The dethroning of BM mBank marks more than just a
numbers game. It signals how technology, retirement savings, and changing
investor behavior are reshaping competition in the brokerage space.
The Polish-listed brokerage firm XTB became the
country’s largest brokerage by number of accounts, ending BM mBank’s 15-year run at the top.
According to data from the National Depository for Securities (KDPW), XTB added 25,400 new accounts in April, pushing its total to 491,700. Meanwhile, BM mBank saw a more modest rise of 2,900 accounts, local media outlet parkiet.com reported.
Across the entire Polish brokerage market, account
numbers grew by 33,400 to 2.11 million, although the figures do not distinguish
between active and inactive users.
Strategic Push into Retirement Products
XTB’s climb has been years in the making, with
strategic moves to tap into growing interest in retirement and long-term
investment products. The broker now offers tax-advantaged retirement accounts
tailored to multiple markets, including IKE in Poland, ISA in the UK, and PEA
in France.
As of Q1 2025, the platform hosted 55,000 IKE
accounts, indicating strong demand from long-term savers. The company also
introduced automated Investment Plans to help investors manage portfolios more
efficiently.
These features reflect a broader trend among younger
retail clients who seek accessible, goal-oriented financial tools. XTB’s
product development extended beyond investment tools. In early 2025, it
launched a multi-currency eWallet and card, offered in partnership with
DiPocket UAB and backed by Mastercard.
The wallet allows commission-free currency exchanges,
instant transfers, and global ATM access. XTB views the eWallet as a key
building block in its long-term vision of becoming a one-stop financial
platform.
Crypto, Options, and More Retirement Tools
In the second quarter of 2025, XTB plans to launch
IKZE accounts, another form of retirement savings vehicle available in Poland.
It is also working on adding options trading and direct cryptocurrency
investments, expanding beyond its current offerings in CFDs and ETFs.
XTB’s rapid expansion highlights a shift in Poland’s
retail investment culture. More individuals are reportedly turning to digital
platforms that blend low-cost execution with access to global markets and
tax-efficient savings.
The dethroning of BM mBank marks more than just a
numbers game. It signals how technology, retirement savings, and changing
investor behavior are reshaping competition in the brokerage space.
This post is originally published on FINANCEMAGNATES.
