We are witnessing the “new normal” in which customer behaviour shifts rapidly towards online research for the best deals and e-commerce.
The internationally licensed investment firm JFD Group is adding another cost-efficient product line to its multi-asset offering. All its clients across the EU/EEA will be able to trade six iShares exchange-traded funds (ETFs) without paying a commission.
These instruments are the third asset class, alongside cryptocurrencies and cash equities (physical stocks), in which the company’s clients could invest free of any brokerage fees. The selected ETFs are listed on stock exchanges in Germany (XETRA), USA (NYSE Arca) and UK (XLON).
„We are achieving another milestone in our strategic roadmap by expanding our commission-free offering. It’s always exciting to see how our team delivers innovative financial products bringing to reality JFD’s mission to democratise the investment industry.
So far, this year is record-breaking for us in terms of turnover and account openings which proves that we are on the right track in our development,” said Lars Gottwik, founder and CEO of JFD.
“In the current situation with the lockdowns, many investors have become extremely cautious when building their portfolios and deciding where to spend their hard-earned money. Therefore, the ability to consider another investment vehicle while reducing the trading costs can make a massive difference in performance” continued Mr Gottwik.
Despite the turbulent economic conditions this year hitting hard many businesses, JFD‘s group of companies operate sustainably planning for the next releases in its product pipeline for 2021. It seems to have something on offer which may be suitable for both savers or spenders.
We are witnessing the “new normal” in which customer behaviour shifts rapidly towards online research for the best deals and e-commerce. It is a matter of time for us to see more investment firms jumping on the commission-free bandwagon as the competition for client acquisition in the overly saturated financial industry is fierce.