XTB cautiously expands in the UK and steps up its Indonesia business
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AI-assisted source synthesis · not an independent investigation.
On November 1, 2026, XTB CEO Omar Arnaout said the company entered the UK market “a little late,” where established platforms are already in place. XTB therefore needs to invest a larger marketing budget and will proceed cautiously with its UK business. Meanwhile, Indonesia has become an important market for XTB’s account growth: the number of new accounts opened there each month is second only to Poland, and funded accounts in the first half of the year increased by 741.51% compared with the second half of 2025. In terms of products, XTB launched CFDs on gold, silver, palladium, oil, and natural gas in Indonesia in August.
AI-written from reports · updated 2 days ago
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- Finance MagnatesXTB CEO: Entering the UK market “a bit late”; Indonesia ranks second only to Poland in account openings
XTB CEO Omar Arnaout said the company entered the UK market “a bit late” and needs to spend more on marketing to compete with established local platforms, so it will proceed cautiously. Indonesia currently ranks second only to Poland in monthly new accounts. XTB’s funded accounts in the country grew 741.51% in the first half of the year compared with the second half of 2025, and it launched CFDs on gold, silver, palladium, oil and natural gas in August.
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