Leading fintech company XTB recently expanded its offering in the UK market by integrating automated investment functionality into its exchange-traded fund (ETF) investment schemes. The company announced that UK investors now have the opportunity to participate in systematic and automated investing through regular contributions on the XTB application. This enhancement allows users to easily augment their personal investment portfolio according to their chosen investment allocation.
To further encourage the adoption of investment schemes in the UK, XTB has launched a new promotional campaign. This work highlights the benefits of automated long-term passive investment strategies. The company highlights the benefits of this approach, emphasizing its adaptability to change investment allocations to suit investors’ changing objectives and preferences.
Joshua Raymond, director of XTB UK, said: “Staying true to our philosophy of ‘one app, many possibilities’, we are expanding our services in passive investing to meet the demands of long-term investors who want to minimize their involvement in active portfolio management. I am.”
The development continues XTB’s recent strategy of providing interest on unused funds and marks a deepening of its commitment to passive investment products.
Within the investment planning framework, customers can establish up to 10 different portfolios, each containing up to 9 ETFs. At the heart of these plans is a newly added automatic investing feature that gives you the flexibility to set up, change or exit your investment preferences at any time via the XTB app.
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After a successful launch in the UAE, XTB continues to expand its investment plans globally.
Headquartered in Poland, XTB has made significant progress in the European market with its investment plans and has achieved success in Romania, Portugal, Slovakia and Poland. This success has led him to extend these services to his UAE retail investors.
XTB’s investment plans improve ETF investing by providing pre-configured portfolios that cater to investors’ varying risk tolerances. These plans offer a choice of up to nine ETFs covering a wide variety of assets and geographic areas, with an entry investment of just $15.
XTB MENA, which has been in operation since October 2021, is showing remarkable growth. The platform started with basic FX/CFD products, introduced cryptocurrencies in 2022, and expanded to include equities in 2023.