FxPro Prepares for UK Launch of Physical Shares Trading

FxPro, a Cyprus-based retail FX and CFDs broker, is preparing to introduce physical shares trading through its UK entity, FxPro UK Limited, which is licensed by the FCA.

About the Launch 

FxPro is set to launch physical shares trading in 2024 through its UK entity, FxPro UK Limited, which is licensed by the FCA. 

Previously, FxPro only offered shares trading via Contracts-for-Difference (CFDs). This strategic move aims to help FxPro compete with brokers like Trading 212 and XTB, which have expanded into offering a broader range of tradable assets

What Does It Mean?

Here is what it means for users.

Direct Ownership of Shares

Users will now be able to buy and own physical shares, rather than trading only on price movements through CFDs. This gives traders the actual ownership rights, such as voting rights in companies.

Diversification of Assets

The company’s addition of physical shares provides users with more options to diversify their portfolios. In addition to FX, CFDs, and other instruments, they can now invest in stocks directly, giving more balanced exposure to different markets.

Long-Term Investing

For users who prefer long-term investment strategies, physical shares trading is ideal. This is because they can hold stocks for an extended period and potentially benefit from dividends and capital appreciation.

Competing with Full-Service Brokers

As FxPro transitions towards being a more “full-service” broker, users can expect the platform to evolve with additional services and support. This would make it more competitive with other brokers like Trading 212 and XTB 

About FXPro

FXPro is a prominent global online trading broker specializing in forex and CFDs (Contracts for Difference). Founded in 2006 and headquartered in London, the company operates in over 170 countries and has a client base of more than 2,188,000 client accounts. It allows trading in forex pairs, stock indices, individual stocks, Energy Commodities, Metals, and Cryptocurrency CFDs.

Way Ahead

The launch of physical shares trading positions FxPro for further growth, allowing it to compete more effectively with brokers expanding beyond CFDs into full-service offerings. By broadening its asset classes, it can attract a wider range of clients, particularly those seeking traditional equity investments. 

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