XTB CEO Says Broker Was “a Bit Late” to the UK as Indonesia Trails Only Poland
By Damian Chmiel
AI summary of the source article
XTB CEO Omar Arnaout stated the broker arrived late to the UK market and will proceed cautiously. Meanwhile, Indonesia has grown rapidly, trailing only Poland in monthly account sign-ups.
Key facts
- XTB's third-quarter profit increased fourfold to PLN 213.7 million (approximately $54.4 million).
- XTB's UK revenue reached £8.64 million in 2025, with 11,767 ISA and cash ISA accounts held at the end of September.
- Indonesia now registers more monthly account sign-ups for XTB than any market other than Poland following the broker's acquisition of Eagle Capital Futures.
Source excerpt · Finance Magnates
XTB's chief executive said on Thursday that the Polish broker had probably arrived in the UK late. Omar Arnaout told a third-quarter results conference that competing there with established local firms would take very large sums, and that he would approach the market very cautiously. In the same answer, he said Indonesia now signs up more accounts each month than any XTB market except Poland. The…