Regulations

Regulations

We are authorised and regulated by the Cyprus Securities and Exchange Commission to offer investment and ancillary services.

XM License

CySec

Cyprus Securities and Exchange Commission

Trading Point of Financial Instruments Ltd is licensed by CySEC under license number 120/10.

Registrations for Outward Passporting

BAFIN

Federal Financial Supervisory Authority

CNMV

The National Securities Market Commission

MNB

The Hungarian National Bank

CONSOB

The Italian Companies and Exchange Commission

ACPR

The French Prudential Supervision and Resolution Authority

FIN-FSA

The Finnish Financial Supervisory Authority

KNF

Polish Financial Supervision Authority

AFM

Netherlands Authority for the Financial Markets

FI

Financial Supervisory Authority

Safety of Client Funds

In the financial industry, the most essential requirement is the safety of our clients’ funds.
As a licensed and regulated financial institution we safeguard our business by adopting the below procedures:

  • Bank with investment grade bank Barclays Bank Plc and other financial institutions.
  • Partner with Skrill and Neteller which are regulated by the Central Bank of Ireland.
  • Partner with Przelewy24, which is regulated by Financial Supervision Authority (Poland).
  • Partner with Nuvei Limited, Sepaga E.M.I. Ltd, EcommBX Ltd and Unlimint EU Ltd which are regulated by Central Bank of Cyprus (Cyprus).
  • Keep clients’ funds segregated from our company funds, at tier-one banking institutions, ensuring that these cannot be used either by us or by our liquidity providers under any circumstances.
  • Member of the Investor Compensation Fund.
  • Use an automated system for monitoring funds transactions and risk management for the sake of no negative balance, and thus protects clients from any losses bigger than their original investments.
  • Apply multiple transaction methods for funds withdrawals and deposits that guarantee transfer security and clients’ privacy through Secure Socket Layer (SSL) technology.
  • Embrace the investor protection measures described by the Markets in Financial Instruments Directive (MiFID II).
  • Adopt clear procedures to categorize clients and assess their investment suitability for the sake of risk management.
  • Follow a best execution policy for executing trading orders on terms most favorable to clients.
  • Ensure trading transparency for its financial instruments by providing detailed information about trading conditions.
  • Collaborate with multiple liquidity providers to offer the best spreads and liquidity at all times.
  • Follow a no re-quotes and no extra commissions policy that could negatively affect clients’ investments.
Making a Difference

Investors in People

XM is recognized by the UK based organization Investors in People for its efforts in developing people to realize their full potential and achieve both personal and corporate goals. Investors in People provide a wealth of proven tools and resources designed to complement their unique operational framework in order to boost performance and maximize sustainability. By achieving this standard, XM demonstrates that it is a leading force in the online trading sector and is committed to the provision of quality services and products.