Is XM regulated in Pakistan? – Unfortunately, none of any forex brokers does have any official authorization to operate their business in Pakistan. But people from Pakistan can also open and trading with XM without having any issues.
The SECP (Securities and Exchange Commission of Pakistan) is the regulatory body in Pakistan located in Islamabad. The SECP allows authorized brokers to provide a maximum 1:10 leverage for Forex trading. Pakistani Traders living abroad are not subject to this regulation.
So If you are interested in trading in this XM Broker then you are permitted to do so as none of any special authorization is required. Detailed information can be found on the Broker website – www.xm.com
If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.
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