Swissquote introduces fractional trading and a new savings plan, enhancing investment flexibility and accessibility for all investors.
Swissquote introduces fractional trading and a new savings plan, enhancing investment flexibility and accessibility for all investors.
Swissquote has introduced an innovative fractional trading feature and a new “Saving Plan” order type to address the growing demand for flexible investment options. These enhancements allow clients to invest smaller amounts while maintaining control over their portfolios, enabling investors to build diversified portfolios over time, regardless of their financial constraints.
The shift towards fractional trading responds to a growing desire among investors to allocate smaller amounts across various assets, thereby mitigating risk and optimizing potential returns. Previously, Swissquote’s platform limited clients to trading total shares, which restricted investment strategies to the price of shares rather than available capital.
The newly introduced feature allows clients to purchase fractions of popular stocks, ETFs, cryptocurrencies, and Theme Trading products, enabling them to invest incrementally and develop a well-rounded portfolio.
Jan De Schepper, Swissquote’s Chief Sales and Marketing Officer, highlighted the importance of these advancements: “Our mission at Swissquote has always been to democratize investing and empower our clients with the tools they need to achieve their financial goals. With fractional trading and the new ‘Saving Plan,’ we offer our clients unprecedented flexibility and control over their investments. This solution meets market demand and sets a new standard in the industry.”
The “Saving Plan” feature allows clients to set up automatic, recurring investments and adjust them based on their available funds. This ensures clients can maintain their desired level of diversification over time. Notably, Swissquote distinguishes itself from many competitors by converting share fractions into whole shares once the accumulated fractions total one complete unit, granting clients full ownership rights.
Effective immediately, clients can initiate investments at a reduced rate of CHF 3 per trade for shares, making fractional trading a cost-effective option for a broader range of investors. Lastly, with these platform upgrades and reduced pricing, Swissquote is poised to provide its clients with innovative tools to manage and grow their wealth efficiently.
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