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XM Company, a well-known online broker, was founded in 2009. It specializes in forex and CFD trading, offering a diverse range of financial instruments for retail traders around the globe.
XM is part of the Trading Point Group, which operates various entities under different regulatory frameworks. This structure allows XM to cater to a wide clientele while adhering to local regulations.
The company is headquartered in Limassol, Cyprus, with additional offices in various regions, including Australia and Belize, to support its global operations.
XM serves clients from over 190 countries, providing trading services in multiple languages. The company has built a reputation for its commitment to customer service and educational resources.
XM is regulated by several prominent financial authorities, including:
Since its inception, XM has achieved several significant milestones:
XM has consistently expanded its offerings and services. Initially focused on forex trading, the company has diversified into CFDs on stocks, commodities, and indices, allowing traders to access a broader range of markets.
XM has grown its customer base to over 15 million traders globally, thanks to its competitive trading conditions, user-friendly platforms, and robust educational resources.
The company initially launched with the popular MetaTrader 4 platform and later introduced MetaTrader 5, enhancing its trading capabilities with additional features and tools.
XM has received numerous awards for its services, including recognition for best customer service and best forex broker in various regions, highlighting its commitment to excellence in the trading industry.
XM offers a wide range of forex trading options, providing access to over 50 currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to diversify their trading strategies effectively.
The broker provides access to CFDs on more than 1,200 stocks from various global markets, enabling traders to speculate on the price movements of popular companies without owning the underlying shares.
In addition to forex and stocks, XM offers a variety of CFDs, including indices, commodities, and energies. This range allows traders to explore different asset classes and implement diverse trading strategies.
XM provides trading opportunities in commodities such as gold and silver, as well as energy products like crude oil. However, it currently does not offer direct cryptocurrency trading, focusing instead on traditional asset classes.
XM stands out for its commitment to trader education, offering free webinars, market analysis, and research tools. Additionally, the broker provides negative balance protection and a low minimum deposit requirement of just $5, making it accessible for new traders.
XM operates under the following regulatory bodies:
XM's legal structure includes multiple entities tailored to comply with local regulations. This includes:
XM ensures client fund protection through:
XM serves clients from over 190 countries, although it does not accept clients from specific regions, including the United States, Canada, Israel, and Iran, due to regulatory restrictions.
XM has maintained a strong compliance record, adhering to the regulations set forth by the governing bodies in the regions it operates. The broker has not faced significant compliance issues, reinforcing its reputation as a trustworthy trading platform.
XM faces competition from several well-established brokers, including:
XM positions itself as a broker focused on providing excellent customer service, competitive trading conditions, and a robust educational framework. Its low minimum deposit and extensive range of assets make it appealing to both novice and experienced traders.
XM differentiates itself through:
XM Company has established itself as a leading online broker since its founding in 2009. With a strong regulatory framework, a diverse range of trading instruments, and a commitment to trader education, it offers a comprehensive trading environment suitable for traders of all levels. As the forex and CFD markets continue to evolve, XM remains dedicated to providing a secure and user-friendly trading experience.
For those interested in exploring trading opportunities with XM, you can learn more about their services and offerings.