XTB launches Autoinvest, offering passive investing options, customizable portfolios, and over 350 ETF choices for UK clients.
XTB launches Autoinvest, offering passive investing options, customizable portfolios, and over 350 ETF choices for UK clients.
XTB introduces the Autoinvest feature, enabling systematic investment in the UK market and expanding passive investing opportunities with customizable portfolios.
XTB: A Trusted Name in Online Brokerage and Trading Services
Broker XTB has launched its latest offering, the Autoinvest feature, to strengthen its foothold in the UK market. This move marks a significant expansion of XTB‘s services, aiming to empower clients with systematic investment strategies tailored to their preferences.
The Autoinvest feature enables XTB clients to augment their investment portfolios methodically with their chosen investment strategies. This initiative comes as part of XTB‘s broader effort to cater to the evolving needs of investors, particularly those seeking long-term passive investment solutions.
Reports from WikiFx confirm that XTB has launched an extensive marketing campaign in the UK to promote the new feature. Additionally, the campaign emphasizes the advantages of automated, long-term passive investing, particularly its flexibility in adjusting investment allocations to suit users’ preferences.
Joshua Raymond, Director of XTB UK, expressed the company’s commitment to providing diverse investment options, stating, “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.“
This latest initiative follows XTB’s recent introduction of interest on uninvested funds, demonstrating the company’s dedication to offering clients a more comprehensive array of passive investment opportunities.
Under the investment plans introduced by XTB, clients can create up to 10 separate portfolios. Additionally, each portfolio can accommodate a maximum of nine Exchange-Traded Funds (ETFs). Moreover, the Autoinvest feature facilitates seamless customization of these portfolios. Consequently, investors can align their investments with risk tolerance and regional and sector preferences.
Furthermore, with an initial investment requirement as low as $15, investors gain access to a vast selection of over 350 ETFs from across the globe. This diverse range of options ensures that investors can tailor their portfolios to suit their specific investment objectives and preferences.
XTB‘s introduction of the Autoinvest feature underscores its commitment to empowering investors with innovative tools and solutions for passive investing, further solidifying its position as a leading brokerage platform in the UK market.
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