XTB, an investment app that enables individual investors to manage their finances effectively, has obtained a securities agent license in Chile. This represents yet another step taken by the company to bolster its standing in South America.
The license, awarded by the Chilean Financial Market Commission (CMF), significantly strengthens XTB’s presence in one of the most rapidly developing regions of the world. Thanks to this, customers from South America will gain access to the full range of XTB offers, and they will have the opportunity to invest in international shares, ETFs as well as all derivative instruments available within XTB. The new license also enhances the marketing opportunities related to building brand awareness in the local market.
– South America is undeniably a market in which we see enormous potential. Chile, on the other hand, is one of the key markets in our global development strategy. We anticipate many new investors from that region, as we now have the opportunity to demonstrate the full potential of the XTB app. Moreover, this is an important step for us towards strengthening our competitive position in the region– says Omar Arnaout, CEO of XTB.
The company is working intensively on operational and technological developments 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 financial management.
XTB’s expansion in Latin America will continue in 2025. The company is already advanced in the process of acquiring the necessary licenses in Brazil.
Disclaimer: The information contained in this publication is for informational purposes only. It does not constitute financial or any other advice, is general in nature, and is not aimed at specific recipients. Before using the information for any purpose, independent advice should be sought.
Source: https://managerplus.pl/xtb-z-nowa-licencja-w-ameryce-poludniowej-57708
