xtb.com/en XTB is technology company that is cfd and stock broker. They are like European Robin Hood because you can purchase stock for 0 commission up 100000 euro turnover per month.
XTB is present in most major European countries and they want to grow further to be Broker NR 1 in the world. Next place for them is Emirates. All seems to be finalized. Market awaits information that company started operations there. All social media and webpage is already in place and updated. xtb.com/ae
Inflation times are best times for such business as people tent to play with money and lost them at casinos. You can call CFD casino so market situation is extraordinary for XTB that have its own technology and want to grow.
Strengths: - xStation 5 proprietary technology developed inhouse, really nice simple yet powerful platform - stocks for 0 commission - 30 minutes open account time - dividend 1.79pln per share which gave 10% yield - record rate client acquisition
Weaknesses: - number of stocks, etfs, cfds could be higher - cryptocurrencies spreads are pretty high - company has dividend policy but payments are dependent on market situation - missing possibility for filling W8BEN for us stocks, to reduce tax from dividends for not us citizens (they promised to add this)
Opportunities: - XTB hired legendary European football coach José Mourinho that is widely considered to be one of the greatest managers of all time to be face of XTB - Euro 2020 biggest football event started on market that XTB is mainly focused - Emirates favorite sport is Footbal - great marketing idea - cash that could allow payment of double dividend - ambition to become Broker NR 1
Threats: - other brokers also see market opportunity and act after XTB which seems to be leader so TMS and eToro also introduces 0 commission stocks - end of inflation and cheap money, notice rising rates do not mean inflation ends - hack, data leak, ransomware
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