XTB is rebranding its institutional liquidity arm X Open Hub as XTB Institutional, bringing the division more directly under the Warsaw-listed parent company's brand. X Open Hub has operated as XTB's institutional arm since 2012, providing liquidity and execution services to brokers, banks, and fintech firms across more than 5,000 instruments. The rebrand is described as a strategic transition designed to create stronger alignment with the XTB brand while maintaining existing institutional liquidity, execution, and trading infrastructure services. The move places the XTB name directly in front of institutional counterparties as the group expands beyond its legacy retail trading business into broader investment and financial services.
The company stated that partners continue to receive access to the same 5,000+ instruments, the same institutional liquidity focus, and the same experienced team. X Open Hub's offering includes access to OTC instruments across FX, equities, commodities, indices, ETFs, and crypto CFDs, along with FIX connectivity, API integration, white-label infrastructure, and multi-venue liquidity aggregation.
XTB Reports 2.16 Million Total Clients and Revenue Growth
XTB reported more than 2.16 million total clients and 1.19 million active clients by the end of 2025. Revenue rose to PLN 2.15 billion from PLN 1.87 billion a year earlier, while net profit fell to PLN 644.2 million from PLN 856.9 million as operating costs increased.
The group has expanded its product set across stocks, ETFs, options, and crypto-related offerings, while also preparing spot cryptocurrency trading and securing approval for spot crypto services through its Cyprus entity. XTB is regulated across several jurisdictions, including the UK FCA, Poland's KNF, and CySEC.
XTB Expands in Indonesia and UAE with Regulatory Approvals
Earlier this year, XTB confirmed plans to expand operations in Indonesia after obtaining a PALN license through its local subsidiary, allowing Indonesian residents access to stock and ETF investing products. X Open Hub stated it would support the expansion by providing institutional liquidity services in the market.
The group also expanded in the UAE after upgrading its regulatory permissions there in 2026. The operational structure of the institutional division appears unchanged, with the primary shift being brand integration under the XTB name.
X Open Hub Provided Multi-Asset Liquidity Since 2012
X Open Hub spent much of 2025 developing broker liquidity infrastructure, according to company statements. The firm has positioned itself as a multi-asset infrastructure partner, with materials highlighting low-latency infrastructure, collocated servers, and integration tools built for institutional trading environments.
XTB previously rebranded from X-Trade Brokers to XTB Online Trading in 2009 as part of an earlier modernization effort. The latest change places the XTB name on a business that serves brokers, banks, and enterprise financial clients, rather than maintaining a separate X Open Hub identity.
FAQ
What did XTB rebrand in its institutional business?
XTB rebranded its institutional liquidity arm X Open Hub as XTB Institutional, bringing the division more directly under the parent company's brand while maintaining existing services across more than 5,000 instruments.
How many clients did XTB report by the end of 2025?
XTB reported more than 2.16 million total clients and 1.19 million active clients by the end of 2025, with revenue rising to PLN 2.15 billion from PLN 1.87 billion a year earlier.
Where did XTB expand operations with new regulatory approvals?
XTB expanded in Indonesia after obtaining a PALN license earlier this year and in the UAE after upgrading its regulatory permissions in 2026, with X Open Hub providing institutional liquidity support for the Indonesia expansion.
