As was first reported on LeapRate at the end of October, Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com, confirmed today that its Q3 Revenues and Profits were significantly down from both last quarter, and from last year. XTB confirmed that Q3 revenues came in at 42.8 million zlotys…
Read moreXTB also reported a cancellation of negotiations to acquire HFT Brokers' customer portfolio.
Read moreThe overall XTB Group's 2014 Revenues came in at $55 million, Net Profit $21 million
Read moreLeapRate has learned that FCA-regulated Forex platform provider and operator XTB Limited lost £687,000 in 2014 (USD $1.1 million), on revenues of £970,000 (USD $1.5 million). To keep the company liquid, XTB's shareholders continue to stream money to the company. During 2014 XTB received £1.1 million, and in March 2015 a further £500,000 was invested by…
Read moreXTB Group's net profit for the last six months, including January's 2015 forecast, should exceed 15M euros, out of which 15% has been realized by its institutional arm, X Open Hub
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