Wombat teams with Currencycloud to launch Instant Investment service

The Instant Investing account lets people who want to trade more frequently, and with more choice, do so with no initial subscription fee and only small FX transaction fees. An investor can instantly place a trade, commission-free, during US market hours. The new account adds to Wombat’s range of exchange traded funds (ETFs) and fractional UK, US, and EU shares.

By partnering with Currencycloud and integrating its APIs directly into their app, Wombat is able to offer its customers instant access to US stocks and shares by executing instant buy and sell orders with unlimited commission-free trading and low FX rates. These customers can trade regularly in real time, and instantly convert USD to GBP and vice versa without incurring any hidden FX fees.

Wombat’s company officials stated that Instant Investing gives their users the opportunity to further their investment journey. For those who want to be able to trade shares more regularly, their new instant account will give them flexibility and options with access to real-time investments and live market pricing. These new features are important for the next stage of their development and give users the tools they need to invest.