XTB Launches IKZE: Tax Breaks for Polish Savers

XTB launches IKZE accounts in Poland, expanding tax-advantaged retirement investing options for mobile-first long-term savers.

Key Points:

• XTB’s new IKZE accounts offer Polish investors tax deductions and capital gains tax exemptions for retirement investing.
• The rollout complements XTB’s IKE accounts and aligns with its mobile-first strategy; desktop version to follow in 2026.

XTB (WSE: XTB) has rolled out its long-awaited IKZE (Individual Retirement Security Accounts). The launch gives everyday investors a fresh way to cut their tax bill while building a nest egg, and it all happens through XTB’s mobile app.

XTB Launches IKZE: Tax Breaks for Polish Savers

The accounts, which began rolling out this week, follow the broker’s successful launch of IKE retirement accounts late last year. XTB’s CEO Omar Arnaout says strong client demand drove the decision, as more investors want to do more than just trade stocks; they want to plan.

“After the success of IKE, introducing IKZE was a natural next step,” Arnaout said. “It’s clear that more Poles want to invest consciously and take control of their financial future.”

XTB’s move comes at a time when Polish savers are embracing long-term investing like never before. Government data shows that by the end of 2024, more than 593,000 Poles held IKZE accounts, with brokers managing over 122,000 of them instead of traditional banks or insurers.

The broker hopes to attract even more customers with its mobile-first approach. For now, IKZE accounts can only be opened through XTB’s smartphone app, keeping with the company’s strategy of putting the entire investing journey in your pocket. A desktop version won’t arrive until 2026.

Familiar Perks, With a Tax Twist

So what’s the big deal about IKZE? It’s all about the tax break. Unlike IKE accounts, which let investors grow their money tax-free but don’t lower this year’s tax bill,  IKZE contributions can be deducted from taxable income each year. That means immediate savings: an employee in Poland’s top tax bracket could cut their tax bill by over 3,000 zloty this year by maxing out their IKZE.

If investors play by the rules, keeping the account until age 65 and contributing for at least five years, they can also avoid Poland’s standard 19% capital gains tax, paying a flat 10% tax on withdrawals instead.

In 2025, the annual contribution limit is 10,408 zloty for employees and 15,611 zloty for the self-employed. And just like XTB’s IKE accounts, IKZE balances are exempt from the broker’s usual custody fees for larger portfolios.

Stocks, ETFs and Zero Commissions

XTB’s new retirement accounts come with access to the same broad lineup of Polish and international stocks and ETFs already available to its clients. Investors can buy and sell with zero commission up to €100,000 per month, a big draw for cost-conscious savers. After that, a 0.2% fee applies, with a minimum of €10, plus a 0.5% currency conversion fee for foreign trades.

To discourage short-term use, XTB charges a 200-zloty fee for early withdrawals made within a year of opening an IKZE the same policy that applies to its IKE accounts.

More Than Just Trading

The expansion into retirement accounts shows how XTB is steadily positioning itself as more than just a trading platform. With similar tax-friendly products like ISAs in the UK and PEA accounts in France, the broker is clearly eyeing Europe’s growing army of long-term, self-directed investors.

From its headquarters in Warsaw’s soaring Skyliner tower, XTB is also pushing ahead with plans for a broader “super app” one that aims to put stocks, ETFs, and wealth-building tools all in one place.

For now, Polish investors who want to save on taxes and invest for tomorrow can do so with just a few taps on their phone, and XTB is betting that many will.

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