XM does not provide services to residents of the United States of America.
XM License
CySec
Cyprus Securities and Exchange Commission
Cyprus
Trading Point of Financial Instruments Ltd is licensed by CySEC under license number 120/10.
Registrations for Outward Passporting
FCA
Financial Conduct Authority
United Kingdom
BaFin
Federal Financial Supervisory Authority
Germany
CNMV
The National Securities Market Commission
Spain
MNB
The Hungarian National Bank
Hungary
CONSOB
The Italian Companies and Exchange Commission
Italy
ACPR
The French Prudential Supervision and Resolution Authority
France
FIN-FSA
The Finnish Financial Supervisory Authority
Finland
KNF
Polish Financial Supervision Authority
Poland
AFM
Netherlands Authority for the Financial Markets
Netherlands
FI
Financial Supervisory Authority
Sweden
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:
- Doing banking with investment grade bank Barclays Bank Plc and other financial institutions
- Doing business with Skrill and Neteller, regulated by the Central Bank of Ireland
- Doing business with Przelewy24, which is regulated by Financial Supervision Authority (Poland)
- Doing business with Nuvei Limited, Sepaga E.M.I. Ltd, EcommBX Ltd and Unlimint EU Ltd which are regulated by Central Bank of Cyprus (Cyprus)
- Keeping clients’ funds segregated from our company funds, at tier-one banking institutions, ensuring that these can't be used either by us or by our liquidity providers under any circumstances
- Provide retail clients with additional protection through the Investor Compensation Fund in the case of company insolvency
- 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)
- 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
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.
