XTB has moved beyond offering only contracts for differences (CFDs) instruments in the United Kingdom with the latest addition of real stock trading in the country. The new services were launched for UK users of the platform on 5 July.

XTB Provides Access to Stock Exchanges

According to the official press release, XTB added stocks listed on 15 major stock exchanges, including London Stock Exchange, The New York Stock Exchange, and Deutsche Boerse. While the platform offers stocks and exchange-traded funds (ETFs) from the European Markets, only US-listed stocks will be available.

"We strive to democratize 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," said the CEO of XTB, Omar Arnaout.

"Our experience from other European markets shows a great interest in real stocks and ETFs. I am glad that more investors will have broader opportunities to implement their chosen investment strategies."

A Strategic Move to Capture the Market

The addition of the new offerings is strategic as the trading platform with headquarters in Poland highlighted that while active investors prefer CFDs trading, shares trading is popular among passive long-term investors.

"We continue to shape our products to cater for every type of investor so that no matter what strategies they develop, there's a home for them at XTB. That's why the launch of shares and ETFs in the UK is such an exciting step for our clients, who can now add medium and long-term investing alongside their shorter-term trades," Joshua Raymond, a Director of XTB UK.

XTB will compete with several other major brokerage brands in the share trading space. Brokers, including Plus500, Capital.com, and ActivTrades, also offer such share trading services. CMC also jumped into this space with the launch of CMC Invest last year in the UK and then took it to Australia and Singapore.

To attract investors to the new service, XTB decided to keep the monthly investment of up to €100,000 commission-free. However, the broker will charge a 0.2 percent commission with a minimum of €10 per trade.

XTB is one of the few publicly traded FX/CFDs (now multi-asset) trading platforms. It closed the first quarter of 2023 with a consolidated net profit of EUR 64.4 million. It also added 104,000 new clients to its global trading platform in Q1, taking the total number to 721,000.

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