XTB Launches ISAs in UK: CEO Omar Arnout Leads Expansion

XTB ventures into UK market with launch of Individual Savings Accounts (ISAs)

XTB, a leading fintech firm, sets its sights on the lucrative UK market with the introduction of Individual Savings Accounts (ISAs). Despite competition, CEO Omar Arnout remains confident in the company’s ability to thrive.

09.02.2024, 08:00
XTB
98
Min. deposit
-
Max. leverage
1:500
Bonus
Used by
656997+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Bank Transfer, PayPal, Credit/Debit Cards, Neteller, Skrill
Regulated by
FSC
CNMV
KNF
FCA
CySEC
Broker type
Forex & CFDs
XTB ventures into UK market with launch of Individual Savings Accounts (ISAs)

XTB, a fintech company that recently introduced retirement accounts in Poland, is now gearing up to enter the UK market with its offering of Individual Savings Accounts (ISAs). With the UK ISA market valued at £400 billion and boasting 27 million accounts, XTB sees ample opportunity for growth despite acknowledging the market’s competitive nature.

98
Min. deposit
-
Min. Spread
0.5
Bonus
Max. leverage
1:500
Used by
656997+
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Bank Transfer, PayPal, Credit/Debit Cards, Neteller, Skrill
Regulated by
FSC
CNMV
KNF
FCA
CySEC
98
Min. deposit
-
Max. leverage
1:500
Bonus
Used by
656997+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Bank Transfer, PayPal, Credit/Debit Cards, Neteller, Skrill
Regulated by
FSC
CNMV
KNF
FCA
CySEC
Broker type
Forex & CFDs

The CEO of XTB, Omar Arnout, expressed confidence in the company’s ability to compete, stating that they are well-prepared to enter the UK market with their modern application and commission-free trading options for stocks and ETFs.

 

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In addition to its ISA offering, XTB is considering expanding into other markets, including the potential introduction of Pan-European Personal Pension Products. Arnout emphasized the company’s commitment to exploring new opportunities and growing its presence in various financial sectors.