XM.com is a registered trademark of Trading Point Holdings Ltd., which provides services in the area of trading operations in financial markets. The brand was founded in 2009 and now has more than half a million customers from around the world. Of course, this number is increasing steadily. The company's employees are guided in their work by such principles as reliability and honesty. The broker regularly opens new branches and holds campaigns in different cities.
XM Singapore Forex trading: licenses and regulations
XM is one of the safest and most secure of all brokers. The company has all the most prestigious licenses, which give the right to engage in financial activities. For English-speaking users, the advantage is the availability of FCA license #538324. This regulator is one of the most prestigious in the world and the largest in the UK. It is recognized in many countries.
The FCA license provides far more benefits than the same Central Bank. Trading conditions, such as leverage, are not restricted, which is not the case with companies licensed by the Central Bank. A special compensation fund should also be allocated. Traders can be 100% sure that they will receive their funds. The regulator flawlessly solves disputed situations. The FCA license allows the broker to accept traders from around the world and CIS countries.
In addition to the FCA license, XM broker is regulated by several other organizations:
ASIC (NO. 443670).
Such authorities as AFM, FIN, BaFin also gave their permits for conducting financial activities. The official website of the broker contains the full list of licenses.