XMTrading:Registration if you do not have a country of residence How to open an account for overseas residents

XMTrading

XM Trading is a well-known FX company in the world and has a large number of users. There are several operating companies in the XM group, and XMtrading will be a company exclusively for Asian users. Depending on the company, there are some nationalities that cannot be registered, so you have to change the registration destination depending on the operating company.

XM has three group companies worldwide.

There are three operating companies in the XM Group. The difference between each is the country in which they are provided. The services that can be provided differ depending on the laws of each country. Therefore, XM has split the company, and the countries where licenses are obtained are separated, and the locations are also different. Among overseas FX companies, the companies that people living overseas can register are completely different. We have compiled a list of companies that we can introduce, so please check the information.

XM.com

XM.com offers its services to European residents. The maximum leverage a Forex broker can offer in Europe is 30x. XM separated XM.com from XMGlobal in 2018 against the backdrop of the European Securities and Markets Authority’s leverage regulation aimed at protecting individual investors.

Home Page

XMtrading

This is from the Seychelles Islands, where licensing regulations are loose among the XM Group. Among the licenses acquired by the XM Group, the regulations are the loosest. XMtrading is in the Asian region, but China etc. cannot be registered. Such cases are applicable to XM Global’s Service Territory. XMtrading is in Asia, but mainly for Japanese users. This involves the Japanese Financial Services Agency. If an unlicensed company in Japan solicits Japanese people to participate in Forex trading, the FSA will be in great trouble because Japanese law cannot protect Japanese people.

Home Page

XMGlobal

XMGlobal serves residents outside of Europe and Asia. We also hold multiple difficult-to-obtain licenses such as Belize IFSC, Cyprus CySec, and Australia ASIC. XMGlobal has a very strong implication that it is for residents other than Europe and Japan. Chinese will also be under XMGlobal’s jurisdiction.

Home Page

Countries where XM cannot be used

Not all countries are allowed to register on either XMtrading or XM.com. If you cannot find your country of residence, you may be living in a country where the use of XM is prohibited. Specifically, the following countries are prohibited from using XM:

  • America
  • Canada
  • New Zealand
  • Iran
  • North Korea
  • Belize

Circumstances vary by country. The United States prohibits the use of foreign Forex brokers. If you live in the above countries, you will not be able to register as a new user with XM, and as this is determined by law, you will have no choice but to give up. When choosing a Forex broker, be sure to thoroughly check whether it is compatible with your country of residence. XMTrading supports Japanese, English, Thai, Malaysian, and Korean.

Many trading methods

XMTrading offers a wide variety of trading methods, including scalping, automatic trading, and double trading. There are many campaigns and recommended bonuses that you can receive on the official website. Bonuses can now be used as margin. There are many investment targets. There are lot limits etc. depending on the account type.

Plenty of platforms

There are many platforms available, including web traders, MT4, and MT5. You can trade with low fees. However, leverage differs depending on the XM group company. By changing your residence and relocating, you can receive services from another XM group company. Tax policies will also change.

コメント

Copied title and URL