Brokers News

FX Responsibility: XM Supports Charity Campaign for Children

XM, a leading global Forex broker, has just announced it will act as a main sponsor of a charity campaign aimed at helping sick kids in Cyprus next month. The initiative, called A Hug for Kids, is organized by the One Dream One Wish Foundation, and aims at providing necessary funding for children sick with cancer, leukaemia and other diseases, and to offer some financial help to the families of the afflicted. 

 
The main event, during which attendants may donate money and necessary items, will be held on September 14, 2013. All of those willing to take part in this good endeavor may do so during this event.
 
It's not that often that we hear about charity initiatives from FX brokers, unfortunately. Most often we simply see a broker sponsoring a corporate event,  some expo, etc. Among the few supporting welfare causes we can mention Saxo Bank and its sponsorship of education events aiming to help ethnic minorities.  
 
And XEMarkets stands out among those few companies in the Forex market that display great sense of responsibility for the others. And responsibility has many faces. It is obvious not only from the excellent work in terms of securing safe environment for clients' funds – let's recall that the broker recently acquired one more regulatory registration – this time in New Zealand. You can seeit from the huge count of free Forex seminars – remember the latest ones in Italy, Hungary and Cyprus... And I almost forgot to mention the wonderful partnership of the broker with the London School of Economics and Political Science (LSE) to run a demo competition for students with a prize pool of £8,500 earlier this year. 
 
May be some of you will frown and raise the old argument that the charity event is just another marketing move. Well, that's a bit philosophical so let me reply with a philosophical argument too. I believe that it was Voltaire who claimed that even if someone is generous because of anticipation of heavenly rewards or because of another selfish motive, we should be grateful for such people being out there and helping others.
 
 

About XM.com

 
XM.COM is a registered brand name of Trading Point of Financial Instruments Ltd, a European regulated financial institution licensed by CySEC. Trading Point of Financial Instruments Ltd operates online services for trading on forex, precious metals, equity indices, and energies in compliance with the Markets in Financial Instruments Directive (MiFID). Trading Point is EEA authorized and registered with the FCA UK (previously FSA UK), BaFin (Germany), AFM (Netherlands), CNMV (Spain), FI (Sweden), and FIN (Finland).
TAGS: xm  xemarkets  forex cyprus  forex broker xm  forex broker xemarkets  forex charity  welfare  helipng sick kids  a hug for kids  one dream one wish 

More news about XM

Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
US, UK, Australia CFTC/NFA, FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA MT4, Web,
ProRealTime,
2Dealer
$1 Review Website
UK, Cyprus FCA, CySec MT4 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, Web,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Seychelles FinaCom MT4 $10 Review Website
UK, Bulgaria FCA, FSC Web $150 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySEC MT4, MT5 $300 Review Website
New Zealand FMA MT4 $1000 Review Website
Belize IFSC MT4, Web $500 Review Website

More Forex Brokers News

Fibo Group launches trading account with gold as a base currency

Feb 17 2017 09:38:07

Forex brokerage Fibo Group has added yet another option to its extensive offerings: its clients can now choose gold (GLD) as a base currency for their MT4 accounts. Read more

FXCM’s Jan metrics: trading volumes up 18% MoM, US operations making up less than 20%

Feb 15 2017 14:42:05

Major forex broker FXCM (NASDAQ:FXCM) reported its trading metrics for January. Read more

Client feedback is driving the development of IG’s new web platform

Feb 15 2017 09:05:36

In a note to its clients, IG, one of the largest forex, CFD and spread betting providers, announced some key features of its new web platform, as well as tools which are currently in development. Read more

FXCM pays $650 K CFTC fine for 2015 undercapitalization

Feb 14 2017 13:13:17

FXCM's woes see no end. After last week's shocking regulatory actions against it that forced it to exit the US forex market, where it was the leader, this week the broker took action to resolve another old regulatory issue and pay a $650 000 fine. Read more

FXCM expects its US exit to trigger international growth

Feb 13 2017 10:10:07

A couple of days after the news about FXCM [NASDAQ:FXCM] leaving US forex market and selling its client base to peer Gain Capital broke, the top forex broker announced key metrics for the nine months, ended 30 September, 2016. According to the data disclosed, FXCM generated a net loss of $13. Read more

Forex.com reports 40% annual drop in January volumes

Feb 13 2017 09:06:16

Forex.com, the OTC retail forex brand of the US brokerage Gain Capital, has posted a 40.1% drop of its average daily volume in January 2017, compared to last January. According to the company report, it amounted to $9. Read more

Gain Capital to pay up to $500 for each FXCM client, conditions apply

Feb 10 2017 08:49:12

Following the regulatory penalties and dramatic exit of the largest US forex broker FXCM from the country and the subsequent announcement that Gain Capital is buying off FXCM's retail forex clients, new details are emerging about the deal. Read more

IG offers Snapchat CFD as grey market trading ahead of eventual March IPO

Feb 09 2017 14:05:32

IG, one of the largest forex, CFD and spread betting (UK only) brokers, announced it is launching CFD trading and spread betting on the eventual IPO of the technology company Snap Inc. that stands behind the Snapchat mobile application. Read more

Plus500 gets South African license

Feb 09 2017 08:18:23

Plus500, one of Europe's leading forex and CFD brokers, obtained a license from South Africa's non-banking financial companies regulator, the Financial Services Board (FSB). It allows Plus500 to operate an online trading platform for retail customers to trade CFDs in South Africa. Read more

It's finalized: Gain Capital gets FXCM's US retail forex clients

Feb 08 2017 08:46:16

Just a day after FXCM – the largest retail forex broker in the US – lost its NFA and CFTC licenses and got fined $7 million for misleading clients and misinforming the regulators, its main competitor Gain Capital confirmed it is acquiring FXCM's US retail clients. Read more