Cyprus · Crypto
XTB Limited
XTB Limited is a private limited company incorporated in Cyprus and based in Limassol. The Cyprus Securities and Exchange Commission (CySEC) authorises it as a Cyprus Investment Firm under licence 169/12. Since 15 December 2025 it has also provided crypto-asset custody, execution and order transmission under a Markets in Crypto-Assets Regulation (MiCA) Article 60 notification registered with CySEC. XTB S.A., the Warsaw-listed parent of the XTB group, owns 100% of the firm, which offers CFDs, stocks, ETFs, options and spot crypto-assets to retail clients through the XTB app.
Licences and registrations
Held by XTB Limited (LEI 259400HM2TR4U3LF5D43). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| ESMA interim MiCA register of crypto-asset service providersCyprus Securities and Exchange Commission (CySEC) | Crypto-asset service providerCrypto-Asset Service Provider | 259400HM2TR4U3LF5D43 | Cyprus | Active | 2025-12-15 | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% XTB Spółka Akcyjna
Firm type
Investment or brokerage
Trades as XTB
- Ownership
- XTB S.A., listed on the Warsaw Stock Exchange, owns 100% of the firm. The GLEIF record names XX ZW Investment Group S.A. as the ultimate parent, and the group says its founder, Jakub Zabłocki, is the majority shareholder of XX ZW Investment Group S.A.
- Direct parent
- XTB Spółka Akcyjna, Poland 100%
- Ultimate owner
- XX ZW Investment Group S.A., Luxembourg
- Major shareholder
- XTB S.A. 100%
- Head office
- Pikioni 10, Building: Highsight Rentals Ltd, 3075 Limassol, Cyprus
- Company register
- Cyprus Registrar of Companies HE 296794
- Incorporated
- 14 Nov 2011
Online
- Websites & references
- xtb.com ↗
xstation5.xtb.com ↗ web trading platform (xStation 5)
Wikipedia ↗ group article - Official social accounts
- None found
Sources · 11 pages consulted
- xtb.com/cy
- xtb.com/cy/legal-information
- xtb.com/cy/crypto
- xas-new-cdn.xtb.com/file/0104/80/d88ffc87-6276-41d5-a51a-003fce381b84/xtb-limited-basic-information-about-the
- xas-new-cdn.xtb.com/file/0104/80/85563133-7eb0-457d-b3ed-983ad1ca6f0b/xtb-ltd-terms-and-conditions-crypto-ass
- xas-new-cdn.xtb.com/file/0104/58/c12de34c-70d8-4c3c-a539-8701bd30f7e7/xtb-disclosures-market-discipline-2025-
- esg.xtb.com/en/governance/
- amf-france.org/en/warnings/white-lists/daspcasp/xtb-limited
- marketscreener.com/news/xtb-s-a-secures-a-cyprus-authorisation-for-spot-crypto-trading-ce7d50ddda8efe25
- financemagnates.com/forex/brokers/xtb-uses-chile-as-testing-ground-again-launches-spot-crypto-with-46-assets/
- fca.org.uk/news/warnings/xtb-limited-clone-fca-authorised-firm
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
CySEC authorises the firm as a Cyprus Investment Firm under licence 169/12. The firm provides crypto-asset services under a MiCA Article 60 notification to CySEC, registered on 15 December 2025, and says it uses the Article 65 procedure to offer them in other EEA states. The French AMF lists it as a MiCA-authorised crypto-asset service provider serving France under the free provision of services.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Cyprus Securities and Exchange Commission (CySEC) Cyprus | Cyprus Investment Firm (CIF) licence | 169/12 | In its own name | Active | cysec.gov.cy ↗ |
| Cyprus Securities and Exchange Commission (CySEC) Cyprus | Crypto-asset services under MiCA Article 60 notification (custody and administration, execution of orders, reception and transmission of orders) | 259400HM2TR4U3LF5D43 | Exemption | Active | cysec.gov.cy ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm says it holds client money in segregated accounts at several EU credit institutions, separate from its own funds. As a member of the Investor Compensation Fund, it says retail clients are covered up to EUR 20,000. The firm states that crypto-assets are not covered by any compensation scheme.
- Crypto-asset custody
- Held by the firmThe firm holds clients' crypto-assets in a pooled wallet, separate from its own assets, and may use hot and cold wallets. It may hand custody to regulated third parties, but its terms do not name any. It executes orders through liquidity providers and does not allow transfers to or from external wallets.
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
The firm offers CFDs on forex, indices, commodities, shares and crypto-assets, plus stocks, ETFs, options and spot trading in more than 45 crypto-assets, all in the XTB app. Crypto trading runs in a closed loop: clients deposit and withdraw only fiat money.
The firm uses its MiFID passport to serve clients in the European Economic Area and the MiCA Article 65 notification procedure for crypto services. According to trade press, spot crypto trading launched first for clients in Cyprus in 2026.
- Sells to
- Consumers
- Serves customers in 4 countries
- Cyprus · France · Italy · Hungary
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Georgia Georgiou Executive Director
- Executive
- Theocharis Panayi Executive Director
- Executive
- Nikolas Gavriel Non-Executive Director
- Executive
- Maria Papachristoforou Non-Executive Director
Recent events
Researched 29 Sep 2026 · Sources
-
Licence
CySEC registered the firm's MiCA Article 60 notification on 15 December 2025, allowing crypto-asset custody, execution and order transmission.
xas-new-cdn.xtb.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Regulator warnings
Researched 29 Sep 2026 · Sources
-
Impersonation Financial Conduct Authority (FCA), United Kingdom
The FCA warned that an unauthorised firm calling itself XTB Limited was posing as the group's FCA-authorised UK sister company to target people in the UK.
fca.org.uk ↗
Entries on regulators’ consumer-warning lists that name the firm or its brand. An impersonation warning is about fraudsters posing as the firm, not about the firm itself.
Identifiers
- Licence no. · ESMA-CASP
- 259400HM2TR4U3LF5D43
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Published by the register
- Elucidate firm ID
- 57f068606598
Profile
- Type
- CryptoCrypto-asset service providers, virtual-asset trading platforms and stablecoin issuers. Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Crypto-Asset Service Provider
- Activities
- Crypto-assets
- Licensed in
- Cyprus · Europe & Central Asia
- First registered
- 2025-12-15
- Website
- www.xtb.com/cy ↗
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Xtb Spółka Akcyjna · Poland259400AVUPSABLEXNT19 ↗
- Ultimate parent
- Xx Zw Investment Group S.A. · Luxembourg2221003FAHPGCABLOR59 ↗
The Xx Zw Investment Group S.A. group has 6 institutions in the directory, in 6 countries: 5 hold a BIC and 1 does not.
Including X- Trade Brokers Dm S.A. Sucursal En Espana, X- Trade Brokers Dm S.A., Organizacna Zlozka, X- Trade Brokers Dom Maklerski Spolka Akcyjna, Organizacni Slozka, X-Trade Brokers D.M. S.A., X-Trade Brokers Dom Maklerski SA.
See the Xx Zw Investment Group S.A. group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- Pikioni, 10 HIGHSIGHT RENTALS LTD, 3075, Limassol
- Country
- Cyprus
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Incomplete: no town published
- The register publishes no town as a separate field. A CBPR+ postal address needs at least a town name (TwnNm) and a country (Ctry).
The LEI record in GLEIF holds a structured legal address.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- ESMA interim MiCA register of crypto-asset service providers—European Securities and Markets Authority (ESMA) · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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