Trigon Dom Maklerski

What Trigon Dom Maklerski does

Trigon Dom Maklerski S.A. is a Warsaw-headquartered, KNF-licensed Polish investment bank and brokerage house that has operated as part of the Trigon Group since 1989, delivering a full-service platform spanning mergers and acquisitions advisory, equity and debt capital markets, financing advisory, institutional and retail brokerage, and equity research. The firm employs approximately 120 professionals across a Kraków registered office (ul. Mogilska 65) and a Warsaw investment banking office (Plac Unii, Puławska 2), serving entrepreneurs and family businesses, private equity funds, listed companies on the Warsaw Stock Exchange, institutional investors, retail clients, and non-public joint-stock companies across Poland and the broader Central-Eastern Europe region. Its technology stack centers on the proprietary DoAkcji 2.0 internet brokerage platform (real-time WSE quotes, technical analysis and charting, OTP deferred-payment margin lending) and a dedicated online shareholder register application (ra.trigon.pl), supplemented by an asset management offering built on deep learning technology that combines artificial intelligence, computing power and big data with the firm's investment experience.

The firm monetizes across multiple revenue streams: transaction-based brokerage commissions starting at 0.23% per online trade, advisory fees on M&A and debt/equity capital markets mandates (underwriting, arranging, bookrunning, market making), recurring subscription revenue from equity research covering 140+ listed companies, and recurring fees from shareholder register maintenance and KDPW registration agent services. Its distribution combines self-serve digital channels for retail clients, a call center, branch offices, and a dedicated institutional sales team, with international reach extended through a June 2025 strategic partnership and minority investment from Wedbush Financial Services covering USA, Canada and Asia. Trigon's market position is reinforced by seven Euromoney Best Investment Bank in Poland awards (2017, 2018, 2020, 2022, 2023, 2024, 2025), multiple Transaction Advisor of the Year and Capital Market Leader recognitions, and five Gazeta Parkiet Best Equity Research Team rankings.

Name

Trigon Dom Maklerski

Legal name

Trigon Dom Maklerski Spółka Akcyjna

Website

https://trigon.pl

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

Trigon Dom Maklerski is a KNF-licensed Polish investment bank and brokerage house, part of the Trigon Group since 1989, providing M&A advisory, ECM/DCM, financing advisory, retail and institutional brokerage via the DoAkcji 2.0 platform, and equity research covering 140+ WSE-listed companies for corporate, PE, institutional and retail clients in Poland and CEE.

Ownership category

akta.pro rank

Headquarters

HQ city

Warsaw

HQ country

Poland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Brokerage Commissions: Transaction-based commissions for buying and selling financial instruments on the Warsaw Stock Exchange, with online brokerage commissions starting from 0.23% per transaction.
2. Investment Banking Advisory: Advisory fees from M&A transactions, strategic advisory, IPO/SPO support, and debt financing advisory for corporations, private equity funds, and listed companies.
3. Capital Markets Services: Fees from equity and debt capital markets transactions including underwriting, arranger services, bookrunner mandates, and market maker activities.
4. Equity Research: Research services provided to institutional and retail clients, covering over 140 companies on the Warsaw Stock Exchange.
5. OTP Deferred Payment Service: Margin trading service allowing purchase of financial instruments without full coverage, generating interest income on extended credit.
6. Shareholder Register Services: Maintenance of shareholder registers for joint-stock companies, limited partnerships, and simple joint-stock companies with dedicated online application access.
7. Issuance and Payment Agent Services: Registration agent and payment agent services for securities registration with KDPW, including bond issuance support.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Trigon Dom Maklerski is a licensed Polish brokerage house (under KNF supervision) that provides full-service investment banking including M&A advisory, equity capital markets (IPO/SPO/ABB), debt capital markets, and financing advisory, alongside retail and institutional brokerage services via its proprietary DoAkcji 2.0 platform, equity research covering 140+ companies, market making, asset management using deep learning AI, and shareholder register maintenance.

Product overview

Trigon Dom Maklerski is a licensed brokerage house (authorized by the Polish Financial Supervision Authority) operating within the broader Trigon Group of investment banking companies. Its product portfolio consists of a core brokerage platform (DoAkcji 2.0) complemented by several specialized modules and sub-brands. DoAkcji 2.0 is the primary online broker system providing retail clients direct access to the Warsaw Stock Exchange for equity, bond, and derivatives trading. On top of the core platform, Trigon offers Asset Management (AI-powered portfolio management using deep learning), the OTP deferred payment service, and Equity Research covering over 140 companies. For institutional clients, the brokerage provides NewConnect listing services, Market Making, Institutional Sales, and Non-Public Market services (including shareholder registry, registration agent, and issuance agent roles). Trigon Investment Banking, the affiliated company, delivers M&A Advisory, Equity Capital Markets, Debt Capital Markets, and Financing Advisory services. The overall architecture is a platform-plus-modules model where the licensed brokerage platform serves as the foundation, with specialized advisory and research services forming the surrounding ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• Trigon Investment Banking: Part of Trigon Group offering strategic and financial advisory, M&A, equity capital markets, and debt capital markets services
• Trigon Dom Maklerski
• DoAkcji 2.0

Products and services

• M&A and Strategic Advisory Comprehensive advisory services for mergers, acquisitions, sales and purchases of companies, targeting entrepreneurs, private equity funds, and listed companies.
• Equity Capital Markets Capital market services including IPO, SPO, and ABB support for issuers on the Warsaw Stock Exchange, with independent research and high confidentiality.
• Debt Capital Markets Bond issuance support combining primary and secondary market expertise for treasury and non-treasury bonds via GPW, interbank market, and OTC, with bond market access for institutional investors.
• Financing Advisory Debt financing advisory for complex debt and quasi-debt financing projects in Poland, including development financing, buyouts, refinancing, and capital structure optimization.
• DoAkcji 2.0 Internet-based brokerage system providing retail clients direct access to the Warsaw Stock Exchange with real-time quotes, technical analysis tools, charting, and derivatives trading capabilities.
• Asset Management Portfolio management service based on deep learning AI technology, combining artificial intelligence, computing power, and big data with investment expertise to construct portfolios.
• OTP (Odroczona Płatność) Service Deferred payment service enabling clients to purchase financial instruments without having own cash at the time of order placement, available in three variants with partial or no coverage.
• Equity Research Research team covering over 140 companies, producing sector reports, IPO/SPO reports, recommendations, Trigon Daily market monitoring, flash notes, results previews, portfolio strategy, and fund flow analyses.
• Shareholders Register Comprehensive shareholder register service for joint-stock companies, limited partnerships, and simple joint-stock companies with a dedicated online application for registry access.
• Non-Public Market (Rynek Niepubliczny) Services for non-public market instruments including acting as registration agent and issuance agent for KDPW, and payment agent services for bonds, mortgage bonds, and investment certificates.
• Institutional Sales Sales services for institutional investors including market making and liquidity provision for listed securities.
• Market Making (Animator) Market making services providing liquidity and price continuity for securities listed on the Warsaw Stock Exchange.
• NewConnect Services supporting companies listed on the Warsaw Stock Exchange's NewConnect market for small and medium-sized companies.

Quantifiable outcome

• Euromoney Best Investment Bank in Poland - 7 times in 9 years (2017, 2018, 2020, 2022, 2023, 2024, 2025)
• +2 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• XTB: Warsaw-headquartered online broker with strong retail franchise in Poland and across Europe, offering stocks, ETFs, FX, and CFDs. Direct peer to Trigon's DoAkcji 2.0 retail brokerage business and a key competitor for Polish retail trading flow.
• IPOPEMA Securities: Polish independent investment bank and brokerage house offering ECM, M&A advisory, brokerage, and asset management services to Polish and CEE clients. Directly comparable as another domestic full-service IB competing for the same Polish corporate and institutional mandates.
• Wood & Company: Prague-based independent investment bank focused on Central and Eastern European equities, ECM, and brokerage. Closely comparable as a CEE-focused independent IB competing for cross-border CEE mandates and research distribution.
• Dom Maklerski BOŚ: Independent Polish brokerage house providing online trading (BOSSAPlatinum), institutional sales, and equity research on Polish listed companies. Directly comparable retail and institutional brokerage peer within the same regulatory and market environment.

Broad incumbents

• Dom Maklerski Banku Pekao: Brokerage arm of Bank Pekao, one of Poland's largest banks, offering retail brokerage, institutional research, and ECM services. Comparable to Trigon's institutional and retail brokerage operations, with broader parent-bank distribution.
• Raiffeisen Bank International: Austrian-headquartered CEE-focused universal bank with investment banking, equity research, and capital markets services across Poland and CEE. Overlaps with Trigon on CEE ECM and corporate advisory, but operates as a broader bank with deposit-taking and lending capabilities.
• mBank (Dom Maklerski mBanku): The brokerage arm of one of Poland's largest universal banks, providing retail brokerage, institutional sales, ECM research, and corporate advisory. Overlaps with Trigon's retail (DoAkcji 2.0), institutional, and research offerings, but operates as part of a much larger banking group.
• Société Générale (Polish coverage): Global investment bank with active Polish ECM and M&A coverage competing for larger Polish corporate mandates. Comparable on ECM/DCM league-table competition, though SG offers a much broader global product set.
• Erste Group Bank (incl. Erste Securities): Austrian banking group with deep CEE footprint (including Poland via former BPH integration), offering investment banking, ECM, and brokerage services. Comparable on CEE ECM/DCM mandates but as part of a much larger universal banking franchise.

Regional players

• Haitong Bank: European arm of Chinese investment bank Haitong Securities, active in Poland and CEE with ECM, M&A, and brokerage operations. Comparable on Polish and CEE investment banking mandates, with cross-border China-CEE deal-flow synergies that could overlap with the Wedbush-driven international expansion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/trigon-dom-maklerski

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trigon Dom Maklerski