- XTB launches stocks and shares ISAs for UK investors, offering zero-commission trading and a 4.75% interest rate on idle funds.
- The new ISA combines tax-efficient savings with flexibility, allowing users to manage investments while earning competitive interest on uninvested cash.
XTB has officially launched its stocks and shares Individual Savings Accounts (ISAs) for UK investors, offering a unique combination of zero-commission trading and a 4.75% interest rate on uninvested funds.
This marks a significant step into the £400 billion investment industry, just 10 months after the initial announcement.
The new ISA allows retail traders to benefit from tax-efficient savings while earning interest on idle cash.
Unlike traditional ISAs, XTB’s offering provides flexibility, enabling customers to manage their investments without compromising on potential earnings from uninvested balances.
Joshua Raymond, Managing Director of XTB UK, highlighted that the new ISA is a key step towards making the company a full-service investment and savings platform.