Exclusive: XTB Introduces Auto-Trading in Passive Investment Offering

<p>XTB will
announce the expansion of its latest passive "Investment Plans"
today offering to include an auto-trading option, Finance Magnates has
learned. </p><p>Omar
Arnaout, the CEO of the publicly listed Polish fintech (WSE: <a href="https://www.financemagnates.com/tag/xtb/" target="_blank" rel="follow">XTB</a>), thinks "recurring
payments facilitate long-term, passive investing and leverage the global
potential offered by ETF funds."</p><p>Auto Investing Now
Available in XTB Investment Plans</p><p>Since last
autumn, <a href="https://www.financemagnates.com/forex/exclusive-xtb-introduces-etf-based-investment-plans-to-lure-passive-investors/" target="_blank" rel="follow">XTB clients could invest in passive instruments</a> for the medium and long
term. The Investment Plans enable the creation of up to 10 investment
portfolios, each with a unique strategy based on selected ETF funds. Each
portfolio can include a maximum of 9 funds, with a minimum investment of just
$15. </p><p>XTB had
previously announced plans to expand its service and implement the ability to fund
each investment portfolio regularly. This functionality was scheduled for
implementation by the end of the year but has been slightly delayed.</p><p>"Thanks
to modern technology and the use of algorithmic trading, our clients can now
invest a chosen amount regularly," Arnaout added. He claims that XTB is
expanding its offerings with products appealing to those interested in
investing but lacking the time for active involvement. </p><p>With the
recurring payment feature, each investor can determine how often and what
amount they want to invest, with the flexibility to change settings anytime to
match their current investment needs and goals.</p><p>According
to Finance Magnates, XTB will begin promoting the new offering starting
Thursday and it will be immediately implemented in all markets where Investment
Plans are available. These markets include Poland, the home market of <a href="https://www.financemagnates.com/terms/f/fintech/">fintech</a>,
where the number of brokerage sector clients recently <a href="https://www.financemagnates.com/forex/xtb-hits-milestone-of-200000-clients-in-polands-brokerage-sector/" target="_blank" rel="follow">surpassed 200,000</a> and
other countries in Europe and beyond.</p><p>"We
are seeing promising results for Investment Plans in all markets," the CEO
of XTB concluded.</p><p>XTB Focuses on Interest
from Idle Funds and AI</p><p>The
publicly listed broker continues to expand its offerings. For instance, last
month, <a href="https://www.financemagnates.com/forex/xtb-expands-in-uae-fractional-share-trading-now-available/" target="_blank" rel="follow">XTB's Dubai branch</a> announced the launch of fractional shares trading for
investors in the UAE. In November, XTB also offered attractive interest rates
on idle client deposits, with new <a href="https://www.financemagnates.com/forex/exclusive-xtb-to-offer-up-to-5-interest-on-idle-client-deposits/" target="_blank" rel="follow">traders receiving 5% for USD</a> accounts and
3.8% for EUR accounts.</p><p>"We
are fully aware that our clients are looking for additional ways to put their
money to work while waiting for market opportunities to start investing
actively," XTB commented at the time. The company acknowledged that this
is another nod toward those seeking more passive forms of saving.</p><p>XTB has recently focused on utilizing <a href="https://www.financemagnates.com/terms/a/artificial-intelligence-ai/">artificial intelligence (AI</a>) in trading and
business processes. To this end,<a href="https://www.financemagnates.com/forex/exclusive-xtb-hires-robotics-expert-to-head-a-new-ai-division/" target="_blank" rel="follow"> it created a new AI division</a> headed by Tomasz
Gawron, formerly involved in research on mobile robotics and robotics
programming. This division is set to develop AI-based products that will
support the trading process and the end user. Initially, these products are
expected to support internal workflows.</p><p>All of these
moves aim to maintain the high momentum of the broker's acquisition of new
clients. <a href="https://www.financemagnates.com/forex/xtbs-q3-revenue-down-29-on-declining-market-volatility/" target="_blank" rel="follow">According to the latest report from Q3 2023</a>, the number of active
clients grew 47%. While revenue and net profit fell due to lower market
volatility, the company has long signaled that its primary indicator is its
clients. In the first nine months of 2023, the company acquired over 234,000 of
them, 60% more than the previous year.</p>

This article was written by Damian Chmiel at www.financemagnates.com.