![XTB expands services in the UK by introducing stock trading](https://wapi.topforex.trade/uploads/2023/07/XTB.jpg)
In a recent development, XTB has expanded its offerings beyond contracts for differences (CFDs) in the United Kingdom and now includes real stock trading. This new service was launched on July 5th, catering to UK users of the platform.
The official press release states that XTB has incorporated stocks listed on 15 major stock exchanges, such as the London Stock Exchange, The New York Stock Exchange, and Deutsche Boerse. While European Markets provide stocks and exchange-traded funds (ETFs), only US-listed stocks will be available for trading.
The addition of stock trading reflects XTB’s strategic approach to accommodate different types of investors. The platform, headquartered in Poland, recognizes that while active investors prefer CFDs, passive long-term investors are drawn to stock trading.
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To attract investors to their new service, XTB has decided to waive commissions for monthly investments up to €100000. However, a 0.2 percent commission with a minimum of €10 per trade will be charged.
XTB stands out as one of the few publicly traded multi-asset trading platforms, previously specializing in FX/CFDs. The company reported a consolidated net profit of EUR 64.4 million in the first quarter of 2023. Furthermore, during the same period, XTB attracted 104000 new clients to its global trading platform, reaching a total of 721000 clients.