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2013 in Review: XM (XEMarkets)

The year was dynamic in many respects for XM – the Cyprus-based Forex broker: the least to say, the company changed its brand name from XEMarkets to XM in the summer. But that was not the only thing that characterized 2013 for the company.

 

For starters, the company sought to boost the service line up for its clients, even for most niche ones and in April it introduced a Metatrader 4 app for Mac computers, so that Apple fans enjoy the full capabilities of the industry's leading platform. 

 

These efforts continued in May when the broker launched free trading signals for its clients with the source of the valuable information being the broker's chief technical strategist Avramis Despotis. The move turned out to be crucially wise, as we recall that in July the company terminated its support for social trading platforms Tradency and ZuluTrade. 

 

The summer brought a raft of important changes for the company: first up, in June, was the rebranding of the company under the XM name. It also got a new domain: xm.com, one that is easier to remember and that signified the more ambitious approach of the broker. 

 

One more move of vital importance for corporate structure was made in August, with XM obtaining registration with New Zealand's Financial Service Providers (FSPs), thus enhancing its global presence and boosting the regulatory safeguards. Talking about global presence, it's worth noting that the XM team have acted to meet its partners in person and has launched global tours aiming at getting in touch with introducing brokers. Educational seminars and training sessions have been held across the globe too.

 

The one thing that really struck us happened in September – XM acted as a sponsor of a charity campaign aiming to help children suffering from various grave illnesses. The initiative showed the more humane face of business and deserved our praise and most sincere compliments.

 

XM has never forgotten about spoiling its clients with various perks, like bonuses, incentives and opportunities to profit from their trading abilities. The latter include a raft of contests held throughout the year: but the most remarkable of those was a $500,000 Contest Arena, which allowed traders to participate in a series of competitions according to their choice. The broker simply made a revolution in this respect.

 

Given all of these achievements, there's nothing surprising in the fact that the company received many signs of recognition during 2013: the broker obtained various awards at shows ranging from the 10th China Guangzhou International Investment & Finance Expo to the MENA 12th Forex Show, and even the Lagos Forex Expo & Conference. The titles include prestigious one like the award for Fastest Growing Broker in 2013. 

 

The broker has plenty to remember and to be proud of at the end of this year. And we expect more accomplishments from XM in 2014.

 

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