HFT Brokers ceases to operate FX. Promotion in XTB -30%

Today, HFT Brokers released an official announcement about the end of Forex trading on November 30. In connection with these news, X-Trade Brokers has prepared a special promotion for HFT clients. People who are existing customers of HFT Brokers will receive as much as possible when transferring their account to XTB O 30% lower transaction costs until the end of 2016 year.

X-Trade Brokers has the closest offer to HFT Brokers in terms of the types of accounts, platforms, available instruments and additional services offered.

To participate in the promotion it is enough that:

1. You have not traded in XTB in the last 3 months,
2. You have an account at HFT Brokers,
3. You will send a fragment of the account history (so-called statement) from HFT.

Customers registered in XTB via the Forex Club website also receive:

1. CASHBACK - partial reimbursement of costs incurred, determined individually,
2. BOOK PACKAGE - two educational books on investment,
3. TRADEBEAT - access to the information service in the Premium version for a period of 6 months,
4. Check out the whole list of benefits - details.

A fragment of the HFT Brokers message:

“The ongoing regulatory changes, statutory capital requirements requiring the brokerage house to maintain very high own funds (allowing for an increase in transaction volumes) meant that at HFT Brokers we had to choose a further, effective development path. The basis for the decision was the following analysis: from January to September 2016, in the Forex line, we realized revenues for about PLN 2 million with equity of about PLN 5 million. According to our analyzes, developing the Forex offer in 2017 would mean the need to increase the capital to the value of approximately PLN 40 million. "

Full message

X-Trade Brokers SA is the largest brokerage house specializing in FX services in Central and Eastern Europe. The company has been listed on the Warsaw Stock Exchange since May 2016. In recent weeks negotiations have been underway regarding the purchase of part of the company's FX division by XTB. The transaction did not materialize.