Current XM Broker

XM broker
B
bowo
26 Aug 2018, 08:16 397 Views
What is your opinion on the XM broker now? Is it reliable or could this broker be a scam, like what happened to traders in China who were unable to pay trader profits? I want to hear your opinion.

1 Answer

R
rachmat 28 Aug 2018, 07:27

To Bowo,

This broker initially used the brand/website XEmarkets.com, under the company Tradingpoint, then purchased/re-branded the domain XM.com. The case you mentioned occurred in mid-2017, and it spread everywhere (on forex market social media). In response to this, some were discouraged/moved, avoided or continued to use XM broker services.

If you are indeed doubtful about this broker, it is better to avoid it. Choose a broker that is transparent, has a separation of client and company funds, and most importantly provides fund insurance.

Thank you.

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