XTB is riding a powerful wave of growth, announcing a record-breaking 100,000 new users joined its platform in October alone. This surge has propelled the brokerage’s total client base to approximately 2 million, marking its strongest month for new sign-ups in company history.
This robust user growth has captured the attention of market analysts. Despite a recent quarterly report that reflected challenging market conditions, mBank has upgraded XTB’s stock rating to “Buy,” significantly raising its price target. The analyst behind the upgrade cited the explosive expansion of XTB’s client base and positive projections for future profitability as key reasons for the optimistic outlook.
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The company’s leadership emphasized that their focus remains on factors within their control, and the record user acquisition demonstrates their strategy is working. CEO Omar Arnaout confirmed plans to continue aggressive investment in marketing to secure leadership positions in key markets.
Looking ahead, XTB is strengthening its platform with plans to launch new offerings like options and cryptocurrencies by early 2026. With a doubled client base since 2021 and a strong vote of confidence from analysts, XTB is positioning itself to capitalize when market volatility returns, turning its massive user growth into significant future earnings.
