XTB Limited, the FX and CFD brokerage based in London’s Canary Wharf, reported total revenue of £8.64 million for the year ended 31 December 2025, representing a sharp 91.6% increase from £4.51 million in 2024. The surge was driven predominantly by retail sales, which more than doubled year-over-year.
- Revenue: £8.64 million (+91.6% year-over-year)
- Retail Sales Income: £8.53 million (up 92.9% from £4.42 million in 2024)
- Institutional Sales Income: £115,710 (up 27.2% from £90,948 in 2024)
The company’s strategic pivot from a CFD-focused broker to a broader multi-asset investment platform yielded significant returns during 2025. Key product initiatives included expansion of the XTB investing app, rollout of a flexible Stocks and Shares ISA, and a multi-layered onboarding process designed to guide new clients toward lower-risk investment products initially, with higher-risk offerings available upon completion of appropriateness tests.
Market volatility in the first half of 2025, triggered by trade tariff announcements and geopolitical tensions, created substantial trading opportunities for CFD clients. Commodity markets experienced significant appreciation, with gold reaching record highs above USD 4,000 per ounce by year-end, driving higher spread values—particularly in the final quarter.
The company maintained no dividend distribution for 2025 and reported no borrowings. The board expressed confidence in going concern status, citing adequate financial resources, shareholder support, and measurable progress in retail solutions development. The directors’ strategic focus centered on offering transparent, cost-efficient market access through a zero-commission model while prioritizing client outcomes and wealth productivity across its platform.
