XTB Gives Investors More Control With New Position Selection Feature

Online investment platform XTB has launched a new feature that gives investors greater control over how they manage and close positions in their portfolios.

The update allows clients using the XTB mobile investing app to select and close specific equity positions individually, rather than having positions automatically closed using the traditional FIFO (First In, First Out) method.

Previously, when investors sold shares, ETFs or other equity instruments, the platform would automatically close the oldest position first. While FIFO remains a common industry standard, it can limit flexibility for investors who have built positions over time at different prices.

The new functionality enables investors to choose exactly which position they want to close, potentially improving portfolio management and tax planning.

The feature is available across a range of equity products, including stocks, ETFs, ETNs and ETCs.

For example, an investor who has accumulated shares in a company at different prices can now decide whether to sell a profitable position or one currently showing a loss. This could be particularly useful when managing capital gains tax liabilities, as investors may wish to realise losses to offset gains elsewhere in their portfolio.

The change reflects a broader trend among investment platforms to provide retail investors with more sophisticated portfolio management tools that were once only commonly available to professional traders.

While tax rules vary depending on an individual’s circumstances and investors should seek professional advice where appropriate, the ability to select specific positions gives users additional flexibility when implementing tax-efficient investment strategies.

The update also makes it easier for investors to manage long-term portfolios built through regular investing programmes, where multiple purchases of the same asset may have been made over months or years at different prices.

XTB has continued to expand its investment offering in recent years, adding more stocks and ETFs alongside its traditional trading products. The latest enhancement is aimed at helping investors make more informed decisions about when and how they realise gains and losses within their portfolios.

For active investors and long-term savers alike, the new position-selection feature could prove a valuable addition, offering greater transparency and control over portfolio management directly from the XTB app.