Following a set of record results in Q1, Poland based Retail FX and CFDs broker XTB has reported its preliminary results for Q2 2024 indicating a major decrease in activity, leading to lower Revenues and Profit at the company.
Revenues at XTB for the second quarter of 2024 came in at PLN 382 million (USD $96 million), down by 31% from Q1’s record $139 million. Net Profit fell by almost half (47%), to PLN 160 million ($40 million), versus $76 million in Q1.