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February 3, 2016
Why US citizens are not accepted by XM?
This is because of the Dodd-Frank Act passed by US congress in 2010. This regulation also applies to all the other foreign brokerage firms, that CFTC does not allow them to let US residents to open accounts. It is the same conditio...
How to inter-account transfer to someone else's XM account?
You can not internally transfer funds to third person's XM accounts. You can only inter-account transfer to your account which registered with the same email address. XM prohibits strictly when it comes to transferring funds to thi...
Can I deposit using my family's card into my XM account?
No, XM prohibits deposit from third parties. The third parties also include legal partner, family, corporate owned and etc. If the name of the bank account and the trading account are different, you are not able to deposit or withd...
List of the regulatory authorities which XM has registered?
XM has registered with number of regulatory authorities and authorized to provide financial services. ACP AFM ASIC BaFIN CNMV CONSOB CySEC FCA FI FIN FSPR KNF MiFID PSZÁF FSA XM is a trad...
How can I update my personal information registered with XM?
To update your personal information, you simply need to send necessarily documents with details to support team. You my specify the changes and the document should include the proof of the changes. Please make sure you send the req...
Why I need to provide ID documents to XM? Is it really necessary?
You will need to validate your XM account to withdraw profit. To validate your account, you need to provide two types of documents which is Identification Document and Proof of Address. Since XM is a regulated by multiple regulatory a...
A list of the regulatory authorities which FxPro has registered.
FxPro's main Regulatory Authorities are CySEC, FSB and FCA. CySEC in Cyprus - licence number 078/07 FSB in South Africa - authorization number 45052 FCA in UK - authorization number 509956 FxPro is following MiFID and also ...