XM Group is a group of regulated online brokers.
In the three jurisdictions that the XM group operates in, regulation is applied as follows:
- The EU offering of the XM brand is known as XM Cyprus, and operates as a CIF under license number 120/10, issued by the Cyprus Securities and Exchange Commission (reference number: 120/10).
- The Australian Securities and Investment Commission (ASIC) has licensed the brand to operate as XM Australia, with AFSL number 443670.
- XM Global is located in Belize, and is the location where services to the international market are domiciled. Regulation is provided the International Financial Services Commission (IFSC) with license number 60/354/TS/19.
The operation of three divisions therefore permits full regulatory coverage of clients, without risking a breach of any security laws.