XM Extends Support to Victims of Morocco's Devastating Earthquake

November 7, 2023

XM has expressed its heartfelt sympathy and support for the victims of the tragic earthquake that recently struck Morocco. The broker has taken action by channeling donations through Banque Alimentaire.

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Over the past 14 years, XM Group has established itself as a reputable, multi-regulated retail broker, serving a vast community of traders and investors across nearly 190 countries. With over 10 million clients and an impressive track record of more than 2.4 billion trades executed without requotes, XM is a prominent player in the industry.

But XM's commitment goes beyond its business endeavors. In the wake of the devastating earthquake that struck Morocco on September 8, 2023, with a magnitude of 6.8, causing significant loss of life and affecting over 30,000 residents, XM stepped forward to provide much-needed assistance.

The earthquake in the Marrakesh-Safi region was the second deadliest earthquake of the year, following the tragedy in Turkey and Syria. It claimed the lives of nearly 3,000 people. In response to this disaster, XM extended its support to the Moroccan people through donations to the Moroccan non-profit bank Banque Alimentaire and the distribution of essential supplies.

XM's aid included blankets, torches, clothing, food, and shelter, aiming to alleviate the suffering of those affected by the earthquake. The company also collaborated with its affiliate donations and its Business Development team in Arabia, actively engaging with affected communities, particularly in remote areas.

XM expressed its gratitude for the ability to provide support when it is most needed and pledged to continue its humanitarian efforts in the years to come. In times of crisis, XM Group stands in solidarity with both the state and society, showing its unwavering commitment to assisting millions of Moroccan citizens on their path to recovery.

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