06.07.2023
XTB opens access to British stocks
06.07.2023
Glory Faleke
Contributor

Broker XTB announced the expansion of its investment offer for clients from the United Kingdom.

Now investors from the UK have access to shares on the 15 largest stock exchanges, including the LSE, NYSE, and Deutsche Boerse.

This decision was made by the broker in accordance with the goal of providing its users with more options for capital allocation, reports FNG.

Investing in real stocks and ETFs is very popular among Europeans, and now this service is available to the British. Previously, XTB's offering in the UK market was based on CFDs only.

It's worth noting that as soon as equity investments became an important part of a well-diversified portfolio, the broker went to great lengths to help its clients benefit from this offering.

XTB's offering in the UK market includes real stocks from the European and U.S. stock markets, as well as ETFs from the European markets.

"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," said Omar Arnaout, CEO of XTB.

The commission is 0% for investments in real stocks and ETFs up to €100,000 per calendar month. For investments of €100,000 or more per calendar month (or equivalent in pounds sterling or US dollars), the commission is 0.2% with a minimum of €10 per trade.