XTB, a broker specializing in Forex and CFDs with a presence in global markets, has recently announced that it will be expanding its offering to include fractional shares and exchange-traded funds (ETFs).
Listed on the Warsaw Stock Exchange (WSE: XTB), the new service has already been launched in several European countries, with plans to roll out to more jurisdictions in Q2 2022. XTB has confirmed that the service will soon be available to customers in Poland and Spain, with the launch expected in May.
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According to XTB’s press office, the company first implemented fractional shares on its proprietary platform, xStation, in Romania. The service has since been launched in several European countries, including Portugal, Slovakia, and the Czech Republic, and XTB plans to expand into additional markets over time.
Omar Arnaout, the CEO of XTB, has confirmed that the company is proceeding according to plan and that the introduction of fractional shares in Poland and Spain is just a matter of weeks. He emphasized that the expansion of the company’s services is proceeding smoothly, and further implementations are expected to be introduced in two more countries in the near future.