ANSWER XM is authorised and licensed by several regulators, including the UK's Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities & Investment Commission (ASIC), DuBai Financial Services Authority (DFSA) and the International Financial Services Commission (IFSC). For more details about this broker you can check our full XM review. As a legit broker overseen by top-tier regulators like FCA, CySEC and ASIC, XM is required to follow a series of rigorous rules and obligations, therefore operating in a relatively credible and transparent way with a secure trading environment. Hence, this broker is considered to be a reliable broker by comparison with unregulated and weak-regulated brokers.
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