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Abstract:WikiFX recently paid a visit to Forex broker XM' s licensed office in Cyprus to gain a more in-depth view of the broker with multiple licenses.
WikiFX recently paid a visit to Forex broker XM' s licensed office in Cyprus to gain a more in-depth view of the broker with multiple licenses.
With branches operating across the globe, XM holds MM licenses from FCA(UK), ASIC(Australia) and CYSEC(Cyprus) respectively, as well as 2 retail Forex brokerage licenses from FSA(Seychelles) and IFSC(Belize). Established in 2009, the company serves customers across hundreds of countries and regions in over 30 different languages, facilitating their investment with its professional team and resource.
According to regulatory information from Cyprus Securities and Exchange Commission (CYSEC)' s website, XM' s licensed office in Cyprus is at 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 in Limassol, Cyprus.
Regulatory information from CYSEC website
WikiFX visited XM according to the address. Located near the Limassol Cruise Port and the city' s oldest castle, XM' s office building looks quite old and the company takes up the entire building except for the shops on the ground floor.
Exterior of XM' s office building
After explaining our intention to the receptionist, we received a warm welcome from XM staff.
XM' s reception
XM' s Global Expansion Director told us the company has around 250 employees here in Limassol as he showed us around the tidy and organized office which takes up 3 levels of the building.
XM' s office
We confirm after the visit that XM' s licensed office in Cyprus truly exists. XM' s three-story office is located at the high cost place neighboring the ancient castle in Limassol, suggesting its rich strength.
About XM
XM' s interface from WikiFX App
Information from WikiFX App shows XM is rated at 9.47 and holds licenses from many countries including UK, Australia and Cyprus, all in valid regulatory status.
Conclusion
WikiFX confirms after the visit that XM' s address corresponds to the information on CYSEC website, and the sizable company with plenty of employees and an agreeable working atmosphere is currently in business.
Download WikiFX App to check out more on our visit reports, covering brokers worldwide including in UK, Australia, Cyprus and Hong Kong. Currently we have 76 different brokers visited and filed for our users.
Broker' s interface from WikiFX
Go to broker' s page, click “Field Survey” at the bottom to view the information of those brokers visited.
WikiFX will visit more brokers around the world, in hope of helping Forex investors identify the legal and reliable platforms to ensure the safety of your assets.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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