XTB Introduces Fractional Share Trading Within Its UAE Offering

<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2023/04/XTB-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2023/04/XTB-250×151.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/04/XTB-700×422.jpg 700w, https://www.leaprate.com/wp-content/uploads/2023/04/XTB-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2023/04/XTB-120×72.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/04/XTB-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/04/XTB-500×301.jpg 500w, https://www.leaprate.com/wp-content/uploads/2023/04/XTB.jpg 880w" sizes="(max-width: 250px) 100vw, 250px" /><p>Achraf Drid, CEO of XTB MENA, highlighted that fractional shares lower entry barriers for Middle Eastern customers interested in stock investments. XTB&#8217;s goal is to cultivate an equity culture where private investors of any portfolio size can invest in companies they believe have significant growth potential.</p>
<p>Before the introduction of fractional shares, certain high-value stocks were out of reach for many investors in the UAE. For instance, a single share of Berkshire Hathaway Class A is valued at over $542,500. Fractional shares now enable investment in such high-priced stocks for a fraction of the cost.</p>
<p>The launch is part of XTB&#8217;s broader strategy to enhance financial inclusion and provide accessible, diverse opportunities for capital market participation.</p>
<p>XTB MENA, which started its operations in October 2021, initially focused on FX/CFD instruments and cryptocurrencies. In 2023, the platform expanded to include stock trading.</p>
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<p>Responding to the global popularity of fractional shares, XTB first introduced this option in Romania at the start of the year, followed by Spain, Poland, and then the United Kingdom.</p>
<p>To attract new clients, XTB is also focusing on developing passive investment products. This began with the September launch of ETF-based &#8220;Investment Plans,&#8221; aimed at supporting long-term investments. More recently, XTB announced interest earnings on idle client deposits.</p>
<p>These initiatives have significantly boosted XTB&#8217;s popularity. As its client base in Poland exceeded 200,000 in November, positioning it as the third-largest brokerage firm in the country and bringing its global client count close to 850,000.</p>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/forex/xtb-introduces-fractional-share-trading-within-its-uae-offering/">XTB Introduces Fractional Share Trading Within Its UAE Offering</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>

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