One of the main characteristics of a good broker is having multiple awards. While this is not definite, it can be a good indicator for the broker's reputation. 

XM Broker is a good example of this. The Cyprus-based multi-asset trading provider XM has developed rapidly in 2022 and successfully added several awards to its prestigious collection, namely four awards for Best FX Broker.

The multi-asset broker won this prestigious trophy from the World Finance Forex Awards 2022, reflecting the view of the global trading community on a broker's reputation.

XM has been honored with a special 2023 CFI.co Award Program trophy, receiving recognition as the Best FX Customer Service. This prestigious award marks the second consecutive win since 2022, highlighting the company's unwavering commitment to delivering exceptional trading conditions and fostering enduring relationships with clients and partners worldwide.

As a magazine known for its award-winning coverage, World Finance recognizes the reliability of XM Broker as a leading provider of online trading services in four different regions: Europe, Australia, Latin America (LATAM), and the Middle East. Moreover, this CySEc licensed broker provides leading online trading platforms and services and serves more than 10 million live accounts of global clients.

All these awards are not only a measure of XM's success in the international market but also a testament to XM's hard work in providing an authentic trading experience to all its customers globally.

Understanding the CFI.co Program

The CFI bestowed the award received by the XM.co Program. What is it, and what is its significance?

The CFI.co program establishes a benchmark for excellence within the financial and foreign exchange industry, offering an impartial evaluation of broker contributions.

It highlights diverse global economic practices that can serve as valuable benchmarks for numerous trading companies.