Online brokerage house XTB (WSE:XTB) has announced the launch of its stock offering, expanding its investment opportunity in the United Kingdom. Starting July 5th, investors now have the opportunity to invest in stocks from the 15 largest stock exchanges in the world, including the LSE, NYSE and Deutsche Boerse.
In the ever-growing stock market, XTB said it has progressively been increasing its market with new products. This commitment stems from XTB’s goal to provide users of its proprietary investing platform with the broadest range of capital allocation options. For several years, investments based on real stocks and ETFs have been increasingly popular on the European markets. From July 5th, investors from the United Kingdom will now have access to these types of investments.
Until now, XTB’s offer in the UK market was based on CFDs. However, as the world economy continues to evolve, stock and share investing has become a crucial part of a well-diversified portfolio. Consequently, XTB said it is committed to helping its clients capitalise on the potential of this dynamic industry by offering new capital allocation opportunities to local investors.
As of July 5th, XTB’s offer in the UK market will include real stocks from the European and US stock markets and ETFs from the European markets. Users of the XTB platform will have the opportunity to purchase stocks and ETFs from up to 15 of the largest stock exchanges in the world, including London Stock Exchange, The New York Stock Exchange and Deutsche Boerse.
Omar Arnaout, CEO of XTB said:
“We strive to democratise financial markets. Therefore, expanding the product offer for investors in the UK is a natural step in this direction. We are constantly working on our development both in terms of products and technology. Our experience from other European markets shows a great interest in real stocks and ETFs.
I am glad that more investors will have broader opportunities to implement their chosen investment strategies.”
Real Shares and ETFs investing is 0% commission up to €100,000 invested per calendar month. Investments equal to or exceeding €100,000 per calendar month (or £/$ equivalent) will be charged 0.2% commission with a minimum €10 per trade.
CFDs versus Shares and ETFs trading
The addition of stocks and ETFs to XTB’s offer is the expansion of possibilities for users with different investment strategies. CFD-based instruments are known for their high volatility and are geared towards active investors. On the other hand, stocks and particularly ETFs are products that cater to investors who prefer a more passive approach. In some markets, e.g. in Poland, Portugal, Romania and the Czech Republic, a significant portion of XTB clients invest in shares and ETF funds.
Joshua Raymond, Director of XTB UK added:
“We continue to shape our products to cater for every type of investor so that no matter what strategies they develop, there’s a home for them at XTB. That’s why the launch of shares and ETFs in the UK is such an exciting step for our clients, who can now add medium and long term investing alongside their shorter term trades. And by enabling clients to trade in the longer term with 0% commission up to 100,000 EUR per month, we’re also continuing our ambition of helping our clients to minimise their costs but maximise their opportunities.”
