XTB continues its expansion into South America

Polish XTB broker received a securities agent license in Chile. This is another step the company takes to strengthen its position in South America.

The license, granted by the Chilean Financial Market Commission (CMF), significantly strengthens XTB's presence in one of the most dynamically developing regions in the world. Thanks to it, clients from South America will gain access to the full XTB offer and will be able to invest in international shares, ETFs and all derivative instruments available at XTB. The new license also provides greater marketing opportunities related to building brand awareness on the local market.

- South America is undoubtedly a market where we see huge potential. Chile, on the other hand, is one of the key markets in our global development strategy. We expect many new investors from that region, because now we will be able to show the full potential of the XTB application. What's more, it is an important step for us towards strengthening our competitive position in the region – says Omar Arnaout, president of the management board of XTB.

The company is working intensively on operational and technological development to start accepting new Chilean clients in the first half of 2025. Thanks to the intuitive XTB application, local investors will gain access to simple and effective tools for comprehensive management of their finances.

XTB’s expansion in Latin America will continue in 2025. The company is already well advanced in the process of obtaining the necessary licenses in Brazil.