abstrak:Swissquote introduces fractional shares and crypto trading, offering affordable and flexible investment options with a new saving plan for diversified portfolios.
Swissquote (SWX:SQN), the top Swiss provider of online banking and trading services, has launched an exciting new feature that allows investors to trade fractional shares and cryptocurrencies. Paired with the introduction of a “Saving Plan” order type, this update offers investors more flexible options, no matter their budget.
For many investors, being able to invest smaller amounts while spreading risk across multiple assets is crucial. Previously, Swissquotes platform only allowed full share trading, which limited users with smaller portfolios. Now, with fractional trading, Swissquote has made investing more accessible.
Investors can buy fractions of stocks, ETFs, cryptocurrencies, and Swissquote's unique Themes Trading products. This new feature allows clients to invest even small amounts and still build a diverse portfolio that aligns with their financial goals.
Jan De Schepper, Swissquote's Chief Sales and Marketing Officer, emphasized the importance of these upgrades: “Our goal at Swissquote has always been to democratize investing and give our clients the tools they need to achieve their financial goals. By introducing fractional trading and the new ‘Saving Plan,’ were giving our clients more flexibility and control over their investments.”
The platforms new “Saving Plan” feature enables investors to set up recurring investments and adjust them as needed, based on their available funds. This helps clients maintain a well-diversified portfolio, regardless of market fluctuations. Swissquote also stands out by converting share fractions into full shares once they accumulate to one unit, ensuring full ownership rights for investors.
To make these innovations even more attractive, Swissquote has reduced the cost per trade to just CHF 3 for shares. This makes fractional trading affordable for everyone. Whether you're new to the stock market or looking to grow your cryptocurrency portfolio, these features make it easier than ever to manage and increase your wealth.
Swissquote is a leading provider of online financial services in Switzerland. They offer cutting-edge trading platforms and banking solutions to both private and institutional clients. As a pioneer in online trading, Swissquote is dedicated to innovation, giving clients powerful tools to manage and grow their wealth effectively.
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