XMASIC · CySEC · DFSA
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Brokers' Updates
Verified reporting on brokers, trading platforms, regulation and market products — without price forecasts or trading signals.
Singapore authorities said internet providers would block access to Octa and XM from 20 June 2025 because the platforms offered capital-markets services without a local licence. XM responded that its site was not specifically directed at Singapore residents and that it had no physical presence or servers in the country.
Finance Magnates
Finance Magnates' FAME Awards 2025 results list named XM the winner of the Best Trading Conditions – Africa category. The article records 18 award categories; it does not describe the judging methodology or provide product-level evidence behind the XM result.
Finance Magnates
A contributed promotional article announced XM as an Elite Sponsor of FMAS 2025 in Cape Town on 29–30 May, with the broker exhibiting at Booth 7 under a gold-trading theme. It also promotes XM's range of instruments and MT4/MT5 access; those product claims should be treated as advertiser-provided information.
Finance Magnates
A contributed promotional article announced XM's 15th-anniversary programme of phased promotions, events and product releases during 2025. It also previewed, without detailed specifications, a planned AI-assisted market-analysis tool and broader product upgrades.
Finance Magnates
Costas Cleanthous, XM's co-founder and majority owner, reached a preliminary agreement to acquire about 55% of Cyprus-based Ancoria Bank, subject to central-bank approval. The source repeatedly states that the purchase is personal, that XM is not involved and that the bank would have no association with the broker.
Finance Magnates
XM.com appointed Nasos Topakas as chief technology officer. Topakas joined after serving as chief engineering officer at Sitecore and brought a long technology-leadership background that included roles connected with Charles Schwab, Kodak, StubHub and other consumer-technology businesses.
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