The FCA regulated Retail Forex brokerage market is getting increasingly crowded, with the latest entrant being XM.com. XM.com, which has been operating as a CySEC regulated company out of Limassol, Cyprus, announced the opening of a London office under a new license granted to the company's new UK subsidiary Trading Point of Financial Instruments UK Limited.…
Read moreiSignthis Ltd (ASX: ISX) is announcing today that it has signed into an agreement with online forex and CFD brokerage XM.com. iSignthis will integrate with XM.com to deliver its new enhanced digital KYC service. The iSignthis service will provide XM.com with user friendly and automated customer onboarding. The service will enable XM.com to meet the…
Read moreCySEC-regulated Forex broker XM today announces the launch of XM Zero Accounts, which offer spreads as low as 0 pips. The introduction of the new type of accounts is in response to feedback the broker has obtained from its latest customer satisfaction survey. The new accounts are for the MetaTrader 4 (MT4) platform and the…
Read moreCypriot retail Forex broker XM today announced the addition of MetaTrader 4 (MT4) WebTrader to the offering to its clients. The web platform now enables clients of the broker to trade without the need to install any programs on their computers. Since the launch of the first version of browser-based MT4 in September this year, MetaQuotes…
Read moreWill regulators allow organized contests (i.e. bets) between clients of forex brokers? We often wonder where are the regulatory borders of legality in binary options. Should they be treated as a financial product (as does Cyprus' CySEC and Malta's MFSA), or should they be regulated by gaming commissions (as in the UK)? We take no…
Read moreXM.com is the second two-letter domain name purchase this month by a major online broker. Cyprus-based online trading group Trading Point, whose brands include forex broker XEMarkets and affiliates and IB partner program PipAffiliates.com, has announced that they have acquired the two-letter domain name XM.com. And, based on a quick visit to the XEMarkets.com website,…
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