QM · rank #4 · 2026-09-04
XTB
GPW · PLN · $5.48B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +125.28% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +58.4% |
| Profit margin Net profit margin, trailing 12 months. | +41.3% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $5.48B |
| Anchor (recent) Close on 2026-08-05 | $161.00 |
| Anchor (far) Close on 2025-08-05 | $71.47 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
XTB is a Polish retail forex and CFD brokerage generating exceptional profitability from leveraged trading volumes, with H1 2026 net income of ~1,027m PLN more than doubling year-on-year.
Rationale
The quality_momentum thesis is directly reinforced — momentum_12_1 of 1.25 reflects genuine earnings acceleration, ROE of 58% and net margin of 41% are elite-tier financials, and Q2 2026 beat consensus materially, confirming the signal is tracking real fundamental outperformance rather than sentiment drift.
Material risks
- 1Revenue is acutely volume-sensitive with no contracted backlog — Q2 already showed ~8-9% QoQ decline from peak Q1 volatility, meaning any normalization in retail trading activity or market volatility directly collapses earnings with no structural buffer.
- 2The April 2026 KNF regulatory fine signals active supervisory scrutiny of XTB's practices; escalating enforcement or mandated business-practice changes could impair the client-acquisition flywheel that is currently driving the quality and momentum scores.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.