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XM obtains ASIC (Australia) Regulation
Wednesday 19th of February 2014
XM are proud to announce that Trading Point Holdings has now incorporated Trading Point of Financial Instruments Pty Ltd. which is authorized and regulated by the Australian Securities & Investments Commission (ASIC) under license number 443760.
The ASIC is one of the most highly respected financial services regulators in the world, making the license granted to XM a significant milestone in their global expansion strategy.
XM remain committed to providing a fair and transparent trading environment for all investors, which made the pursuit of an ASIC license a natural progression for them.
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Whenever a trader opens a broker account using one of the links on this website, we receive a percentage of the spread or commission paid on every trade that trader makes. We then pay back a high percentage of our earnings to those traders who open their broker accounts through us, and keep a small percentage ourselves.
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