XTB UK Enhances Leadership with Finance Veteran from GAIN Capital and FOREX.com

<p>Kathleen
Brooks, a well-known financial markets research specialist, has joined XTB UK
as its new Research Director. Brooks brings nearly 15 years of experience
working with major <a href="https://www.financemagnates.com/terms/r/retail-trading/">retail trading</a> and investment firms in London.</p><p>Financial Markets Veteran
Kathleen Brooks Joins XTB</p><p>Brooks
started her career at BP before moving into the retail investment sector,
working <a href="https://www.financemagnates.com/executives/moves/gain-capitals-kathleen-brooks-launches-consultancy-firm-joins-capital-index/" target="_blank" rel="follow">at companies like GAIN Capital</a>, City Index, and Forex.com. She has
established herself as an expert in financial markets analysis, often appearing
in global media like the Financial Times and Wall Street Journal. Brooks is
also familiar with news networks providing market commentary and insights.</p><p>In her new
role at XTB UK, Brooks will lead the research team and provide analysis of
global financial markets to help clients make informed investment decisions.
This comes as XTB expands its product range to include commission-free stocks
and ETFs for long-term investing.</p><p>XTB's UK
Director, Joshua Raymond, said Brooks' "skillset will enable XTB UK to
deepen our research offering to our client base, ensuring they have access to
the best market insights."</p><p>Brooks added that she is "excited to have joined one of the world's biggest <a href="https://www.financemagnates.com/terms/f/fintech/">fintech</a>
investment providers." She highlighted major events in 2024 like elections
and geopolitics that will impact markets. Brooks said investors "must stay
up to speed with these developments" to make the "best-informed
investment decisions possible."</p><p>For XTB,
this is another significant hire over the past few months. <a href="https://www.financemagnates.com/forex/exclusive-xtb-hires-robotics-expert-to-head-a-new-ai-division/" target="_blank" rel="follow">As exclusively
reported by Finance Magnates at the end of November</a>, the publicly traded
fintech hired a robotics expert as the head of the newly created artificial
intelligence (AI) department. XTB aims to use AI to create tools that
streamline business processes and trading tools for individual traders.</p><p>XTB Introduces New
Services</p><p>XTB is
hiring for research positions as the company continuously introduces new
services and products to maintain a high dynamic in acquiring new clients. In
September, the broker introduced ETF-based "<a href="https://www.financemagnates.com/forex/exclusive-xtb-introduces-etf-based-investment-plans-to-lure-passive-investors/" target="_blank" rel="follow">Investment Plans</a>" aimed
at attracting more passive clients who are not interested in active trading but
in saving. Recently, this feature was expanded to include <a href="https://www.financemagnates.com/forex/exclusive-xtb-introduces-auto-trading-in-passive-investment-offering/" target="_blank" rel="follow">auto-investing of
funds</a>, as reported by Finance Magnates. </p><p>Meanwhile,
XTB is expanding its range of fractional shares to new jurisdictions, including
the UK <a href="https://www.financemagnates.com/forex/xtb-expands-in-uae-fractional-share-trading-now-available/" target="_blank" rel="follow">and UAE</a>. XTB aims to "foster an equity culture where private
investors, irrespective of their portfolio size, can partake in the performance
of companies they believe hold significant potential,” stated Achraf Drid, the
CEO of XTB of MENA.</p><p>In
November, the company offered clients the opportunity <a href="https://www.financemagnates.com/forex/exclusive-xtb-to-offer-up-to-5-interest-on-idle-client-deposits/" target="_blank" rel="follow">to earn up to 5%
interest</a> on idle deposits in EUR, USD, GBP, and PLN.</p><p>XTB's actions are translating into increased investor confidence. Among the seven publicly traded FX/CFD brokers, XTB's shares were among the strongest performers in 2023, gaining over 22%. Only Swissquote shares saw a stronger increase during this period. In contrast, shares of CMC Markets fell more than 50%.</p>

This article was written by Damian Chmiel at www.financemagnates.com.