XTB Launches New Investment Plan for UK Customers
Polish multi-asset broker XTB will launch a long-term passive investment product to its UK clients, allowing users to build personalized ETF portfolios based on their actual situation。
Investors can choose which ETFs to invest in and the amount of money allocated to each ETF.。As the portfolio grows and develops, the investment allocation can be adjusted to align with the initial investment objectives, and XTB will remind customers when necessary。
Investment Plan Fees
Investment plans can only be created through the XTB app, customers simply log in to the app, go to the Save tab, and start building their investment plan。
XTB offers zero-commission investment services to clients who invest less than €100,000 per month or equivalent。Customers with an investment of more than €100,000 pay 0.20% commission, minimum fare 10.00 pounds。
If you trade an ETF that is not denominated in the base currency of your account, you also pay 0.50% foreign exchange fee。For example, sterling investors buy US dollar-denominated US-listed ETFs。
XTB customers can regularly deposit funds into their investment plans on a monthly basis, which will be allocated to ETFs according to their weighting。
Customers looking for long-term investments
With the growing demand for physical equity and ETF trading, XTB has recently expanded its fractional trading rights for UK clients。
Joshua Raymond of XTB UK believes 61% of the firm's clients are now investing in physical stocks and ETFs, not just leveraged products。
As part of that process, XTB now offers more than 3,000 stocks and more than 300 ETFs from 16 major exchanges, all of which can be traded piecemeal.。
XTB has previously launched fractional stock deals in European markets such as Poland, Spain and Portugal.。
XTB's recent initiatives show that brokers are listening to their clients and launching the services they want, extending their services beyond traditional margin trading, investment and physical stock trading.。
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