Broker XTB has announced that it has expanded its range of investment products in the MENA region.
As of Monday, May 22, XTB investment clients will be able to invest in stocks and ETFs on 15 of the world's largest exchanges, including the New York Stock Exchange, the London Stock Exchange, and Deutsche Boerse.
According to the FNG website, the minimum transaction fee starts at €10, but XTB does not charge for such transactions until its monthly turnover exceeds €100,000. Once this limit is exceeded, equity and ETF transactions are subject to a 0.2% commission (minimum €10).
The broker is constantly adding new products to its portfolio, demonstrating its commitment to providing clients with the widest possible range of capital allocation options.
"The development of our product offer in the MENA market is a natural step in our growth. Our goal is to provide our clients with a full investment spectrum so we are constantly working on the development from both the perspective of products but also technology," said Achraf Drid, Managing Director of XTB MENA.
XTB started its operations in 2002 and focuses on the European segment of the market. The company is suitable for beginners, as the deposit starts at just $1. The leverage of 1:500 allows clients to test almost any trading strategy without making a significant investment.
