Broker XTB, in an effort to increase its influence on the UK market, has expanded its offer with the launch of the Autoinvest feature.
Autoinvest allows XTB clients to systematically add to their individual investment portfolios according to their chosen strategies.
To support the new solution, broker XTB has launched an extensive marketing campaign in the UK, reports WikiFx.
The company is highlighting the benefits of automated, long-term passive investing, with a key strength being the flexibility to adjust investment allocations according to users' preferences.
"In line with the principle of 'one app, many choices', we are expanding the scope of passive investing to meet the needs of long-term investors who don't want to spend a lot of time actively managing a portfolio," commented Joshua Raymond, Director of XTB UK, on the launch of the new offering.
This initiative follows XTB's recent introduction of interest on uninvested funds, demonstrating the company's commitment to providing clients with more passive investment opportunities.
Within the investment plans, XTB clients can create up to 10 separate portfolios, each with a maximum of nine ETFs. The Autoinvest feature allows for easy customization of these portfolios.
With an initial investment of as little as $15, these plans allow investors to choose from more than 350 ETFs from around the world that match the investor's risk tolerance as well as regional and sector preferences.
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