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Abstract:XTB, a fintech leader, introduces auto-invest for UK ETF plans, promoting long-term, passive strategies. Expanding globally, it offers low-entry ETF portfolios tailored to various investors.
XTB, a prominent fintech corporation, has recently expanded its offerings in the UK market by introducing an auto-invest feature to its Exchange-Traded Funds (ETF) investment plans. The company has communicated that UK investors now have the opportunity to engage in systematic, automated investments through scheduled contributions within the XTB application. This enhancement empowers users to effortlessly enhance their individual investment portfolios in alignment with their chosen investment distribution.
In a bid to further promote the adoption of its Investment Plans in the UK, XTB has launched a new promotional campaign. This initiative underscores the benefits of automated, long-term, passive investment strategies. The company emphasizes the advantages of this approach, particularly the flexibility to adjust investment allocations to suit the changing objectives and preferences of investors.
This recent development aligns with XTB's ongoing strategy to offer interest on unutilized funds, demonstrating a deepening commitment to its passive investment offerings.
Within the framework of Investment Plans, clients can establish up to 10 distinct portfolios, each comprising a maximum of nine ETFs. The newly introduced autoinvest function, a central aspect of these plans, provides flexibility to set up, modify, or terminate investment settings anytime via the XTB app.
Following its successful launch in the UAE, XTB has continued to expand its Investment Plans globally.
View WikiFXs full review on XTB here: https://www.wikifx.com/en/dealer/1561892500.html
Headquartered in Poland, XTB has made significant strides in the European market with its Investment Plans, achieving success in Romania, Portugal, Slovakia, and Poland. This success has prompted the extension of these services to retail investors in the UAE.
XTB's Investment Plans enhance ETF investing by offering pre-configured portfolios tailored to various risk tolerances. With an entry investment as low as $15, these plans provide a choice of up to nine ETFs, encompassing a diverse range of assets and geographical areas.
XTB MENA, operational since October 2021, has demonstrated remarkable growth. Beginning with basic FX/CFD instruments, the platform introduced cryptocurrencies in 2022 and expanded to include stocks in 2023.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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