Image Credit- onestopbrokers.com
CFD currency pairs contributed only 1.1% to total revenues in the quarter.
In Poland, XTB is a retail brokerage that continues to feel the smidgen of the recently-implemented regulations from the European Securities and Markets Authority (ESMA), as the firm has reported a drop in revenues in the first quarter of 2019.
The Polish broker has published in Thursday the preliminary financial results for the first quarter of 2019. In the report, the company revealed a 4.4 percent or PLN 1.9 million ($492,851) decline in revenues quarter-on-quarter, as it fell from PLN 42.8 million in the final quarter of 2018 to PLN 40.9 million.
