Brokers News

XM is only forex broker in World Finance 100 2016 list

Jan 18 2017
By Jonathan Smith

XM, a European forex broker regulated by UK's FCA and the Cyprus Securities and Exchange Commission (CySEC), said it has been included in the World Finance 100 list for 2016.

The roster includes those who have reached the pinnacle of achievement across a wide variety of fields of expertise, as well as those organisations and individuals that lead the way in driving their industries forward. It is comprised by the magazine World Finance each year since 2009.

According to the authors of the list, since it was established in 2009, XM has grown into a “renowned forex trading platform, with over 700,000 clients around the globe”. The publication notes that in addition to the good support and the wide array of secure payment methods and eight full-feature trading platforms, what really sets XM apart from its peers is “its core objective of assisting traders in reaching their full potential and achieving their ambitions.” The face-to-face seminars and coaching sessions are among the main reasons the company enjoys “impressively high client retention”.

In World Finance 100 2016 list XM is in the company of major financial services companies like Goldman Sachs, VTB Capital, Royal Bank of Canada and Wells Fargo.

Previously the list has included the forex brokers Lite Forex and HotForex and the now closed down binary options major Banc De Binary.

XM, formerly known as XEMarkets, is a trading brand of Trading Point Holdings. It is based in Cyprus and is regulated by the CySEC, FCA and the Australian Securities and Investments Commission (ASIC). It is also registered with Germany’s BaFin and is compliant with with the Markets in Financial Instruments Directive (MiFID) of the European Union. It is also awaiting licensing from the Financial Services Board (FSB) of South Africa.

In addition to Cyprus XM also has offices in Hungary and Greece. It is mostly active in some EU countries, Russia and some of the Asia-Pacific countries.

XM offers trading in forex and CFDs on indices, commodities, energies and precious metals and a leverage of up to 1:888. The trading platform is MT4.

Recently XM became sponsor of Olympic and world champion Usain Bolt.

TAGS: xm wold finance 100 forex

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Broker	Advantages
	FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
	Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
	FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
	HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.
	Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips.

Broker	Country	Regulation	Platform	Min Deposit	Review
	Cyprus, UK, Mauritius	CySec, FCA, FSC	MT4, MT5, Web	$10	Review Website
	UK, Bulgaria	FCA, FSC	Web	€29	Review Website
	Australia	ASIC	MT4, MT5, IRESSTrader	$100	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia, South Africa	FCA, ASIC, FSCA	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
	Cyprus	CySEC	MT4, MT5, Web	$1	Review Website
	Belize	IFSC	MT4, MT5	$100	Review Website
	Cyprus, UK, South Africa, UAE	CySec, FCA, FSCA, DFSA	MT4, MT5, Web	$5	Review Website
	Cyprus, UK	CySEC, FCA	MT4, MT5	$1	Review Website
	UK	FCA	MT4, Web, MT4 for Mac	$100	Review Website
	Australia, UK	ASIC, FCA	MT4, MT5, cTrader	$200	Review Website

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