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Abstract:WikiFX has the pleasure of interviewing XM's representative. We believe that through our interview with XM, you will gain a better understanding of it and the current forex market in general so that you can avoid mistakes when trading forex as much as possible.
About XM
Founded in 2009, XM has grown to become a globally recognized broker with over 600 professionals who have been working in the financial sector for many years, serving over 5,000,000 clients from 196 countries and regions. Everyone's access to an advanced and transparent trading environment has been made possible thanks to the work of XM. With XM, traders can get access to more than 1,000 trading instruments, generous leverage up to 1000:1, spreads as low as 0.6 pips and up to $5,000 bonus.
Unlike many other forex brokers, XM is an online forex broker that has an excellent customer service team, which will make your trading journey more comfortable and secure.
Regulation
It is no doubt that XM is a regulated broker.
Five entities of XM are under stringent regulation in their jurisdictions:
TRADING POINT OF FINANCIAL INSTRUMENTS PTY LTD, authorized and regulated by ASIC in Australia, with Regulatory License No. 443670
Trading Point Of Financial Instruments Ltd, authorized and regulated by CYSEC, with Regulatory License No.254/14
XM Global Limited, authorized and regulated by the Financial Services Commission in Belize (FSC), with Regulatory License No. 000261/309
Trading Point MENA Limited, authorized and regulated by the Dubai Financial Services Authority (DFSA), with Regulatory License No. F003484
XM and WikiFX
We are glad to announce that XM has decided to join forces with WikiFX to better serve investors around the world. As an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry, WikiFX is delighted to interview the representative of XM and let the traders around the world know more about XM.
Question 1: Tell us about the company and the XM brand?
XM has been an undisputed industry leader for over a decade. Over 5,000,000 clients have chosen to invest with us over the years, and that figure is only growing. That‘s because, from the very beginning, we’ve built this brand on trust.
Weve also been fortunate to attract some of the brightest talents in the industry, and we now employ over 600 professionals. We speak over 30 languages, and we are dedicated to delivering a service that meets the investment goals of every trader in the world.
Our experience and resources make us well-placed to keep growing and continually set new standards in the industry.
Question 2: How does the company ensure the security of the users funds?
Anyone who deposits funds with us is protected by the laws of the regulators under which we are licensed. We keep funds in segregated client accounts, at well-established and reputable banks, as required by regulations.
But we also go beyond regulatory obligations to earn the trust of our clients. Trading at XM is transparent, withdrawals are processed quickly, and we help solve any client issues as quickly as possible.
Question 3: What is XMs biggest strength?
Without a doubt, its our trading conditions.
We offer leverage up to 1000:1*, with tight spreads as low as 0.6 pips, and zero commissions. Combined with our no re-quotes, no rejections policy, our provision of Negative Balance Protection, and the ability to trade over 1,000 products, our offering is hard to beat.
But that‘s not all! We also offer dedicated, 24/7 customer service, as well as exclusive permanent and seasonal trading promotions*, to meet the needs of today’s traders.
*Leverage and promotions are not available under every XM entity within the group. The maximum leverage for clients registered with our entities regulated under our CY, AU and UAE licenses is 30:1. The leverage available depends on the financial instrument traded.
Question 4: Describe the companys vision and how you go about realizing it
Our vision can be defined by three words: Big, Fair, Human.
These values are at the core of everything we do and reflect our commitment to providing all clients with the same fair and ethical trading conditions. Net capital worth, size of investment, or number of accounts will never change our approach.
Beyond this, we realize our vision in several ways.
Order execution is the core strength of our business model. 99.35% of all trading orders are executed in less than one second, with no re-quotes and no rejections.
Every client also enjoys the benefit of Negative Balance Protection, which ensures they are never at risk of losing more than their account balance.
The Human and Fair elements of our vision are again reflected in what we do and how we do it.
Weve visited over 120 cities to meet our clients and partners face-to-face. We understand the value and importance of human interaction.
During these visits, we‘ve hosted hundreds of seminars with local experts who speak our clients’ native language, to help educate them on making the best possible trading decisions. And, whenever our clients need us, our outstanding team is always there to solve any issues.
Question 5: Why do your clients choose you over your competitors?
Since 2009, weve led the way in the financial services industry, and the XM brand has become synonymous with both transparency and reliability.
It starts with our trading conditions, and the fact that were able to deliver superior services in currency trading, as well as CFDs, equity indices, precious metals, and energies.
Another reason is because we are a truly global broker.
We offer our services to clients in over 190 countries, providing them with access to more than 10 trading platforms, as well as over 25 secure payment methods.
But being global means more than just being everywhere.
Our clients are individuals, and each of them is unique. We embrace diversity, something that is reflected in our workforce, and that diversity helps us connect on a personal level with the cultures, nationalities, and religions of our 5,000,000+ clients.
Lastly, we are committed to client satisfaction.
For us, that means being ready to change with our clients‘ needs. We constantly monitor trends in finance and beyond, to stay up to date with the latest technologies. This helps us adapt to our clients’ demands and deliver everything they want and need from their broker.
Conclusion:
As the top forex broker, XM has been popular in the industry for many years. Its fantastic all-around experience contributes to its unshakable status. On the other hand, WikiFX is able to evaluate the safety and reliability of more than 38,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers. We believe that the cooperation between XM and WikiFX will make the future trading market more promising.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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