XM - What's now?
XM has updated the maximum leverage to 1:1000 in June 2022.
Leverage 1:1000 does not apply to client registered under the EU regulated entity of the Group. The maximum leverage for Trading Point of Financial Instruments is 30:1.
XM with Mauritious (FSC) license
One of the most popular Forex and CFD brokers, XM (XM Trading) has recently acquired a new financial license by Mauritius (FSC).
From now on, XM Trading will have 2 financial licenses that are from Mauritius (FSC) and Seychelles (FSA).
Here are the details of XM’s registration with Mauritius (FSC):
|Company Name||Fintrade Limited|
|Registered Address||c/o SAFYR UTILIS LTD, 7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius|
The addition of the new financial license hasn’t made an update to the trading conditions such as leverage and spread.
Open XM account and Download XM Mobile Apps for Account and Trading Management today.