Since ist beginning, XTB Germany has been strengthening its commitment to ESG, sending a clear signal about its dedication to responsible conduct within the financial industry. By joining the board of the German Contracts for Difference Association (CFD Association, original name in German language: “CFD-Verband”), the broker not only underscores its market expertise but also responsible business role, especially in the area of Governance.
XTB became a member of the CFD Association in 2024. Now, the company is taking its involvement to the next level: Jens Chrzanowski, Country Manager of XTB Germany, has been elected to the association’s board, contributing his years of industry experience and leadership on behalf of the broker. This move is a tangible expression of XTB’s broader ESG strategy in partnerships, with a focus on transparency, accountability, and sustainable governance practices.
The CFD Association represents the majority of CFD providers in Germany and acts as a central voice for the industry. It advocates for transparency, investor protection and a sustainable regulatory environment. For example, the association played a key role in the political dialogue surrounding loss offsetting restrictions and taxation, successfully highlighting the regulation’s negative impact and contributing to its reversal, an important win for sustainable market fairness.
In addition, the association regularly publishes market data and research on the use of contracts for difference. These publications promote financial literacy and enhance transparency for investors and the media, aligning with goals such as responsible communication and informed decision-making.
The association is also actively engaged in investor protection. It continuously educates the public about the opportunities and risks of CFDs, emphasizing that these products are suitable only for experienced investors. This focus contributes to responsible investing and supports an ESG-compliant product communication strategy.
I see the membership in the CFD Association also as a predicate, as only respected, highly regulated companies can join this group.
- says Jens Chrzanowski, who officially represents XTB in the Association.
For XTB, joining the CFD Association’s board is more than a regulatory or industry milestone — it’s a key part of its broader governmental approach, which emphasizes good governance, transparent market engagement, and responsible stakeholder relations. By playing an active role in shaping the industry, XTB demonstrates that ESG can go hand in hand with the XTB business model and support it.
Looking for more information? Check out the CFD-Verband site in HERE. (DE)