Who Owns XM?
XM is a trading name associated with Trading Point Holdings Ltd, a Cyprus-incorporated private holding company. XM’s current pages state this relationship directly. Under that holding-company structure sit regulated operating companies that serve clients in different regions, including Trading Point of Financial Instruments Limited in Cyprus and Trading Point MENA Limited in Dubai. Public regulatory disclosures linked to the wider Trading Point Group identify several individuals as indirect owners—including Constantinos Cleanthous and Ilias Mavrommatis—while XM itself identifies Constantinos Cleanthous as a co-founder of XM Group. Exact current shareholder percentages of the private Cyprus holding company are not clearly published in the official public sources reviewed here, so it is more accurate to describe the corporate owner and disclosed indirect owners than to claim one person owns 100% of XM.
Who owns XM? The most accurate corporate answer is that XM is a trading name of Trading Point Holdings Ltd, a private Cyprus holding company. XM’s current websites say this explicitly. For at least some operating subsidiaries, the ownership chain is also stated directly: Trading Point MENA Limited’s current client agreement says it is wholly owned by Trading Point Holdings Ltd. Public disclosures from the related U.S. Trading.com business identify multiple indirect owners of the wider Trading Point structure, including Constantinos Cleanthous, Ilias Mavrommatis, Tasos Papanastasiou, Andreas Loizides and Charalambos Panayiotou. XM itself identifies Constantinos Cleanthous as a co-founder of XM Group. Because Trading Point Holdings is private and the exact current shareholder percentages are not plainly disclosed in the official public material reviewed, claims that one individual “owns XM entirely” should be treated cautiously unless supported by an up-to-date corporate-registry filing.
XM ownership map: who sits above the broker brand?
The first thing to understand is that broker brands and broker legal entities are often different layers. “XM” is the name customers see. Trading Point Holdings Ltd is the holding-company name associated with that brand on XM’s current website disclosures. Below the holding company sit operating firms that hold licenses and enter into client agreements in particular regions.
| Layer | Name | Role | What public sources currently show |
|---|---|---|---|
| Brand | XM | Customer-facing trading name | XM pages state that XM is a trading name of Trading Point Holdings Ltd |
| Holding company | Trading Point Holdings Ltd | Parent / group holding structure | Private Cyprus company; current XM pages connect the XM trading name to it |
| EEA operating company | Trading Point of Financial Instruments Limited | Licensed investment firm for relevant EEA services | CySEC license 120/10; current XM partner pages identify it as the website operator for EEA-facing services |
| MENA operating company | Trading Point MENA Limited | DIFC-regulated XM operator for relevant MENA clients | Current client agreement says it is wholly owned by Trading Point Holdings Ltd; DFSA license F003484 |
| Global operating company | XM Global Limited | International XM operating entity | Current XM regulation page states Belize FSC license 8557558 |
| Individuals | Several publicly identified indirect owners / leaders | Economic ownership and group leadership | Group-related regulatory disclosures identify multiple indirect owners rather than a single published 100% individual owner |
Why this structure exists
Global financial groups frequently use a holding company above multiple regulated operating subsidiaries. The holding company can coordinate ownership, intellectual property, technology and strategic direction while each licensed subsidiary meets the legal requirements of a specific jurisdiction.
Why XM does not equal one regulator
If the XM brand appears in Cyprus, Dubai and Belize, that does not mean one legal company is licensed in all three places. It can mean separate companies in the same wider corporate group use or support the same brand. This is why users should always identify the exact entity in their client agreement.
Why ownership and regulation are different questions
Ownership answers “Who ultimately sits above this business?” Regulation answers “Which licensed company provides my service and which regulator supervises it?” A strong broker due-diligence process checks both.
Is XM itself a company—or a trading name?
XM is best understood as a brand/trading name. Current XM pages state in their footer that “XM is a trading name of Trading Point Holdings Ltd.” That wording is significant because it separates the consumer-facing name from the company names used in contracts.
Why traders confuse the brand with the legal company
Most users interact with the XM logo, XM app, XM website and XM support team. They may never notice “Trading Point of Financial Instruments Limited” or “Trading Point MENA Limited” until they read the footer or client agreement. From a marketing perspective, XM is simpler. From a legal perspective, the operating company matters.
The legal company signs your agreement
When you open an account, the agreement should identify the exact company providing the service. That company—not a generic brand label—determines governing law, regulator, complaints process and many client protections.
Brand ownership is still important
A consistent parent brand can show that several operating companies belong to the same corporate ecosystem. It can also help explain shared platforms, marketing, technology and group-wide strategic leadership.
What is Trading Point Holdings Ltd?
Trading Point Holdings Ltd is a private limited company incorporated in Cyprus. Public company-registry aggregations currently show registration number HE 322690, an incorporation date in 2013 and an active status. XM’s current websites repeatedly identify XM as a trading name of this holding company.
What a holding company does
A holding company typically owns shares in operating businesses rather than directly serving every retail customer. It can sit above regulated subsidiaries, technology businesses, intellectual-property assets and regional companies.
Trading Point Holdings is not the same as Trading Point of Financial Instruments
The names are similar but the roles differ. Trading Point Holdings Ltd is the parent/holding layer. Trading Point of Financial Instruments Limited is a regulated Cyprus investment firm and current XM operator for relevant EEA services. Confusing the two can lead to inaccurate statements about which license applies to which company.
Private ownership means less public shareholder detail than a listed broker
A publicly listed broker generally publishes annual reports, major shareholder disclosures and audited consolidated accounts for the market. A private company can have fewer public-facing ownership disclosures. That does not make it illegitimate; it means researchers may need corporate-registry records and regulatory filings to reconstruct the shareholder picture.
Why exact percentages should not be guessed
Some third-party websites describe one founder as a majority shareholder, but precise current percentages can change and were not clearly stated in the official XM pages reviewed for this article. CBFXHUB therefore avoids presenting an exact share percentage without a current authoritative registry record.
Who are the founders and publicly identified indirect owners behind the Trading Point Group?
The ownership picture becomes more interesting at the individual level. XM publicly identifies Constantinos Cleanthous as a co-founder of XM Group on its execution-policy material. Related regulatory disclosures from Trading.com Markets Inc., which is part of the wider Trading Point corporate ecosystem, identify multiple individuals as Indirect Owners.
XM material identifies him as co-founder of XM Group. Trading.com regulatory disclosure identifies him as an indirect owner and says he served as Executive Director and CEO of Trading Point Group.
Trading.com regulatory disclosure identifies him as an indirect owner and long-standing Executive Director and Managing Director of Trading Point Group.
Current group-related public disclosure identifies him as an indirect owner and describes senior marketing and sales leadership in Trading Point Group.
Public Trading.com disclosure identifies him as an indirect owner and describes long-standing CIO/executive leadership within Trading Point Group.
Regulatory disclosure identifies him as an indirect owner and describes risk-management leadership within the Trading Point Group.
Public Cyprus company records also show directors and officers at the holding-company level; corporate office does not automatically mean beneficial ownership.
Why “indirect owner” is a useful term
An indirect owner does not necessarily hold shares directly in the retail operating company. Ownership may pass through one or more holding entities. For example, an individual can own part of a parent company that in turn owns a subsidiary.
Why the list is not the same as a current cap table
A regulatory disclosure identifying indirect owners does not necessarily publish each person’s exact percentage. It can also relate to a particular subsidiary or regulatory filing. Therefore the responsible conclusion is that several individuals are publicly associated with indirect ownership of the wider Trading Point structure—not that each person owns an equal share or that one named person necessarily owns a majority today.
Is Constantinos Cleanthous the owner of XM?
Constantinos Cleanthous is clearly a central figure in XM’s history and the Trading Point Group. XM’s own execution-policy material identifies him as a co-founder of XM Group. Group-related regulatory disclosures identify him as an Indirect Owner and describe him as having held the roles of Executive Director and CEO of Trading Point Group.
Why calling him “the owner” can be too simplistic
Founder, CEO, director, shareholder and ultimate beneficial owner are different legal concepts. A founder may sell shares. A CEO can manage a company without owning it. A beneficial owner can own through a holding company. Because current official public material reviewed here does not give a single definitive statement such as “Constantinos Cleanthous owns 100% of Trading Point Holdings Ltd,” that stronger claim should not be made casually.
What can be stated confidently
He is publicly identified as a co-founder of XM Group and as an indirect owner in related regulatory disclosures. That is strong evidence of founder-level and ownership-level involvement in the broader Trading Point structure.
Why founder identity matters to traders
Knowing who founded and leads a financial group can improve accountability research. Traders can examine professional history, regulatory filings and management continuity. But founder identity should not substitute for checking the regulated entity and client protections.
What role does Ilias Mavrommatis play in the Trading Point Group?
Public Trading.com regulatory disclosures identify Ilias Mavrommatis as an Indirect Owner and describe him as a long-standing Executive Director and Managing Director of Trading Point Group. This makes him another important ownership/leadership figure in the wider corporate structure.
Why multiple owner-executives matter
A privately held financial group can be controlled or economically owned by several executives rather than by one individual. That can distribute strategic responsibility across technology, risk, operations, sales and corporate governance.
Do these disclosures prove they directly own XM Global Limited?
Not necessarily. The more precise chain is that ownership can be held indirectly through parent companies. The XM brand and regional operating subsidiaries sit within the broader Trading Point structure. Researchers should avoid collapsing several corporate layers into one direct-shareholding statement unless the registry documents show that relationship explicitly.
Which companies actually operate XM?
XM operates internationally through more than one legal company. This is normal for a global broker, but it means “Who owns XM?” should be followed by “Which XM company serves me?”
| Operating company | Region / role | Regulatory context | Ownership relevance |
|---|---|---|---|
| Trading Point of Financial Instruments Limited | Relevant EEA-facing investment services | CySEC license 120/10 | Part of the Trading Point structure behind XM |
| Trading Point MENA Limited | MENA / DIFC operation | DFSA reference F003484 | Current client agreement states it is wholly owned by Trading Point Holdings Ltd |
| XM Global Limited | Eligible global markets | Belize FSC license 8557558 on current XM regulation page | XM-branded operating entity within the global group architecture |
The operating entity controls your contractual relationship
The entity in your agreement decides which terms govern your account. A holding company may own the brand, but your withdrawal policy, dispute route and regulatory protections come from the operating company.
The same brand can have different risk warnings
Current XM pages show different retail CFD loss percentages depending on the regulated entity and region. That is another clue that users are not all contracting with one identical global company.
Who owns Trading Point MENA Limited?
This is one area where the public documentation is particularly direct. Trading Point MENA Limited’s current client agreement states that the firm is wholly owned by Trading Point Holdings Ltd, a holding company incorporated in Cyprus.
Why this is stronger evidence than a generic “group member” statement
“Member of the group” can describe many kinds of corporate relationships. “Wholly owned” is more specific: it means the parent holds the entire ownership interest in the subsidiary under the stated structure.
What this tells MENA clients
It confirms a clear ownership chain from the Dubai operating entity to the Cyprus holding company. It does not mean Trading Point Holdings itself is regulated by the DFSA as the brokerage provider; the regulated service provider is Trading Point MENA Limited.
Now that you know who sits behind XM, compare the brokers CBFXHUB works with.
A transparent parent company is useful—but traders do not trade a holding company name. They trade through a regulated operating entity, on a specific platform, under a particular pricing model, with specific withdrawal rules and execution conditions.
Explore the brokers CBFXHUB works with and see which corporate groups and regulated entities sit behind them.
Look at regulation, spreads, platforms, execution model, payments and account fit.
Ownership transparency matters most when it is paired with good regulation and trading conditions.
Knowing who owns XM answers the corporate question. Comparing brokers answers the trading decision. Use the CBFXHUB broker directory to build a shortlist before opening or funding an account.
Why does broker ownership matter to a Forex trader?
Ownership can influence corporate governance, financial resources, strategic stability and accountability. It is not usually the first metric traders compare, but it can become important when evaluating a broker’s long-term structure.
Accountability
A broker connected to identifiable holding companies, directors and regulated subsidiaries is easier to investigate than an anonymous website with hidden ownership. Transparency does not guarantee good conduct, but it creates more accountability.
Group resources
A larger group can share technology, compliance systems, risk management, marketing, banking relationships and operational infrastructure across subsidiaries. That can create economies of scale.
Related-company risk
Complex corporate groups can also make it harder for users to understand which company owes them money or which regulator handles a complaint. That is why a group brand should never replace entity-level due diligence.
Management continuity
Long-standing founders and executives can signal continuity, but concentrated private ownership can also mean less external shareholder scrutiny than a listed public company. Neither structure is automatically better.
Ownership versus client-money protection
Even a wealthy owner does not replace legal safeguards. Client-money segregation, capital requirements, regulatory supervision and compensation arrangements are determined by the licensed entity and jurisdiction.
Is XM publicly traded?
XM / Trading Point Holdings is generally presented as a privately held group rather than a publicly listed broker. Trading Point Holdings Ltd is registered as a private limited company in Cyprus. That means investors cannot simply look up an XM stock ticker and read public-market shareholder filings in the same way they could for a listed brokerage group.
What private ownership changes
Private companies can make strategic decisions without quarterly public-market pressure. They also may publish less shareholder detail and consolidated financial information to the general public.
Does private ownership make XM less trustworthy?
No. Many legitimate financial firms are privately held. Trust should be based on regulated legal entities, client agreements, audited obligations where applicable, operational history and regulator records—not whether a company is listed on a stock exchange.
Publicly listed brokers have a transparency advantage
Listed companies usually provide annual reports, executive compensation, major shareholder holdings and material-event disclosures. If ownership transparency is a top priority, public listing can be one comparison factor among several.
Interactive broker ownership transparency checker
Use this checklist when researching XM or any Forex broker. It scores how much of the ownership and legal structure you have actually verified.
How transparent is the broker you are researching?
Tick only items you have personally confirmed from official or regulatory sources.
How to verify who owns XM yourself
Ownership research is strongest when you can reproduce it. Do not rely on a single broker review.
Current XM pages identify XM as a trading name of Trading Point Holdings Ltd.
Find the specific operating company serving your region and look for parent-company wording.
Use Cyprus corporate records for Trading Point Holdings Ltd and relevant subsidiaries where accessible.
Regulatory filings can disclose direct or indirect owners, directors and principals.
A CEO or director is not automatically a shareholder; a shareholder is not automatically the day-to-day manager.
Ownership can change. Prefer recent filings and avoid treating an old founder profile as a current cap table.
Why regulatory disclosures can reveal more than marketing pages
Broker websites focus on products and users, not capitalization tables. Regulators may require firms to identify controlling persons, principals or indirect owners. That can provide a more precise ownership picture.
Why paid registry documents may be needed for exact percentages
Some jurisdictions do not expose complete shareholder records freely. If exact percentages are essential, a current official corporate extract can be more reliable than a search-engine result or old interview.
Common misconceptions about who owns XM
XM Global is an operating company. Current XM footer language connects the XM trading name to Trading Point Holdings Ltd at the holding-company level.
No. They are separate legal entities with different roles and registration numbers.
Official/public material reviewed identifies him as co-founder and an indirect owner, but does not establish a publicly verified current 100% ownership claim.
No. Directors manage or govern companies; ownership requires a shareholding or beneficial-interest relationship.
No. Clients generally contract with a regulated operating entity, not simply the holding company.
No. Private holding companies can own regulated subsidiaries. Regulation applies at the licensed operating-company level.
No. Regulatory protection depends on the actual operating entity serving the account.
Does XM’s ownership structure look unusual for a global Forex broker?
No. A private holding company with several regional regulated subsidiaries is common in international financial services. The structure allows a group to serve different jurisdictions while maintaining a shared brand and central corporate leadership.
What would be more concerning?
More serious red flags would include an unidentified parent, unverifiable company registrations, unexplained changes of ownership, inconsistent legal company names, regulators that do not recognize the claimed entity, or a website that hides which company contracts with the client.
What is positive in XM’s structure?
The current site disclosures consistently identify Trading Point entities and provide legal company names, addresses and regulator information. The MENA agreement explicitly states the parent ownership relationship. Group-related public filings identify named indirect owners and executives.
What remains less transparent?
Because the parent is privately held, the exact current share percentages are less obvious to the public than they would be at a listed broker. That is not unusual, but researchers seeking precise beneficial ownership may need official Cyprus registry documents.
Ownership vs regulation vs operation: three questions that should never be mixed
When researching a global broker, three questions often get collapsed into one: who owns the brand, which company operates the account, and which regulator supervises that company. They are connected, but each answers a different risk question.
Who owns the group?
This points to the holding company, founders, shareholders or beneficial owners. For XM, the holding-company layer is Trading Point Holdings Ltd.
Who operates my account?
This is the legal company named in your client agreement, such as a Trading Point regional operating entity.
Who regulates that company?
This determines the regulator, jurisdiction, conduct rules and complaint framework applying to the operating firm.
Why a holding company is not your broker contract
A parent company can own a regulated subsidiary without being the licensed brokerage counterparty itself. This is common across banking, insurance and brokerage groups. The holding company can control strategy and capital allocation while the licensed subsidiary signs the actual client agreement.
Why the regulator does not necessarily supervise the entire global group
A regulator supervises the legal entity within its jurisdiction. A CySEC license for one Trading Point company does not automatically place every other XM-branded entity worldwide under the same CySEC rules. Likewise, a DFSA authorization for Trading Point MENA applies to that regulated Dubai entity rather than turning the Cyprus holding company into the same regulated firm.
Why this distinction matters when comparing brokers
Two brokers can both have recognizable parent companies but serve you through very different subsidiaries. One may onboard your account through a European investment firm, another through a Middle East financial center, and another through an offshore international entity. Parent-brand reputation may be similar while the legal protections differ significantly.
What XM ownership can tell you—and what it cannot tell you
Ownership research is valuable, but it should not be used to infer facts that belong to other parts of broker due diligence.
| Ownership can help reveal | Ownership alone cannot prove |
|---|---|
| Who controls or economically participates in the parent group | That your trades will receive the best execution |
| Whether the broker belongs to an identifiable corporate group | That withdrawals will always be instant |
| Whether founders and senior owners are publicly identifiable | That the broker has the lowest spreads |
| Whether a regional subsidiary is owned by a parent company | That every group company has identical regulation |
| Whether the parent is private or publicly listed | That client money is protected under every jurisdiction |
| How corporate control may be organized | That a trader will make money |
Ownership does not replace execution research
A broker can have a transparent ownership structure and still be expensive for your trading strategy. If you scalp frequently, spread, commission and slippage can matter more to your day-to-day result than whether the parent company has five or ten shareholders.
Ownership does not replace withdrawal due diligence
The parent company may be financially established, but withdrawal procedures are implemented through the operating entity, payment systems and compliance processes. Traders should still understand verification requirements and funding rules before depositing.
Ownership does not replace regulation
A private group can own both strongly regulated and less heavily regulated regional companies. Your protection comes from the entity that serves you and the rules governing that entity.
Ownership does improve accountability research
Where ownership helps most is accountability. Named founders, directors, parent companies and subsidiaries create a trail that journalists, regulators, clients and counterparties can investigate. Anonymous broker ownership makes that process harder.
People Also Ask: XM ownership
Who owns XM broker?
XM is a trading name of Trading Point Holdings Ltd, a private Cyprus holding company. Several individuals are publicly identified as indirect owners within the wider Trading Point structure.
Is XM owned by Trading Point?
Yes. Current XM pages state that XM is a trading name of Trading Point Holdings Ltd. Trading Point operating companies provide the regulated brokerage services in different regions.
Who founded XM?
XM’s own execution-policy material identifies Constantinos Cleanthous as a co-founder of XM Group.
Is Constantinos Cleanthous the owner of XM?
He is publicly identified as a co-founder and as an indirect owner in group-related regulatory disclosures. Current official public material reviewed here does not establish that he is the sole 100% owner of Trading Point Holdings Ltd.
Who is Ilias Mavrommatis?
Public group-related regulatory disclosures identify Ilias Mavrommatis as an indirect owner and long-standing Executive Director and Managing Director of Trading Point Group.
Is XM privately owned?
Yes. Trading Point Holdings Ltd is a private Cyprus company rather than a publicly listed stock-market company.
Who owns XM MENA?
Trading Point MENA Limited’s current client agreement states that the company is wholly owned by Trading Point Holdings Ltd.
Who owns XM Global Limited?
XM Global Limited sits within the wider XM/Trading Point group structure. For precise direct-shareholding detail, current official corporate records should be consulted.
Does Trading Point Holdings have a Forex license?
The holding company is the parent/brand layer. Brokerage licenses are held by operating entities such as Trading Point of Financial Instruments Limited or Trading Point MENA Limited.
Does ownership affect XM regulation?
Ownership and regulation are related but distinct. Your regulatory protection comes from the licensed operating entity named in your client agreement, not simply from the parent company’s location.
Frequently Asked Questions
Who owns XM?
XM is a trading name of Trading Point Holdings Ltd, a privately held Cyprus holding company. Public group-related disclosures identify several indirect owners, including Constantinos Cleanthous and Ilias Mavrommatis.
Is Trading Point Holdings the parent company of XM?
Yes. XM’s current footer language identifies XM as a trading name of Trading Point Holdings Ltd, and Trading Point MENA’s current agreement explicitly states that the MENA company is wholly owned by Trading Point Holdings Ltd.
Is XM one legal company?
No. XM is a brand used by different operating companies within the Trading Point group structure depending on region and regulation.
Is XM Global Limited the parent company?
No. XM Global Limited is an operating entity. The holding-company layer associated with the XM trading name is Trading Point Holdings Ltd.
Is XM publicly listed?
No public stock listing for Trading Point Holdings/XM was identified. Trading Point Holdings Ltd is a private Cyprus company.
Who is the CEO/founder behind XM?
XM material identifies Constantinos Cleanthous as co-founder of XM Group, while group-related disclosures describe his long-standing CEO-level leadership within Trading Point Group.
Are there multiple owners of the Trading Point Group?
Public regulatory disclosures associated with the wider group identify multiple indirect owners, suggesting a more complex ownership structure than one publicly documented sole owner.
Why does XM use multiple companies?
Global brokers use regional regulated subsidiaries to operate under different legal and regulatory frameworks while sharing a common parent group and brand.
Which XM company will hold my account?
That depends on your country and eligibility. Read the legal company name in the registration flow and client agreement before funding.
Does Trading Point MENA belong to Trading Point Holdings?
Yes. Its current client agreement states that Trading Point MENA Limited is wholly owned by Trading Point Holdings Ltd.
Does private ownership make XM unsafe?
No. Private ownership does not determine broker safety. Regulation, client-money rules, capital requirements, execution and operational controls are more directly relevant.
Where can I compare XM with other brokers?
CBFXHUB’s broker directory at https://cbfxhub.com/brokers lets you discover the brokers we work with and compare regulation, corporate structure, costs, platforms and trading conditions.
Final answer: XM is owned through the Trading Point Holdings structure
The cleanest answer is corporate rather than personal: XM is a trading name of Trading Point Holdings Ltd, a private Cyprus holding company. That holding-company layer sits above regulated businesses that deliver XM services in different regions.
The individual ownership picture is more complex. XM publicly identifies Constantinos Cleanthous as a co-founder, and group-related regulatory disclosures identify him, Ilias Mavrommatis, Tasos Papanastasiou, Andreas Loizides and Charalambos Panayiotou as indirect owners in the broader Trading Point structure. These disclosures support the conclusion that XM sits within a privately controlled group with several named owner-executives rather than a simple publicly documented one-person ownership model.
For traders, the crucial distinction is this: the parent company explains the corporate group, but the operating company explains your account. Before depositing, identify which Trading Point/XM entity is named in your agreement, verify its regulator, and understand the protections attached to that entity.
Ownership transparency is useful, but it should be combined with execution quality, trading cost, withdrawals, platform support and regulation when deciding whether XM—or any broker—is right for you.
Do not choose a broker because you recognize its founder or parent company. Compare the brokers CBFXHUB works with.
Corporate ownership can tell you who controls the group. It cannot tell you whether the broker has the best spreads for your strategy, the right regulator for your country, the platform you need, the smoothest funding route or the most suitable account structure.
Use the CBFXHUB broker directory to discover the brokers we work with and compare the complete picture: parent group, regulated entity, trading costs, execution model, platforms and available account features.
Sources and editorial methodology
CBFXHUB distinguishes between brand ownership, operating-company ownership, founders, directors and beneficial/indirect ownership. We do not publish an exact personal shareholding percentage unless it is supported by a current authoritative filing. This avoids converting founder biographies or old third-party claims into unsupported present-day ownership statements.
- XM Partner Program — current footer identifies XM as a trading name of Trading Point Holdings Ltd.
- XM MENA — identifies Trading Point MENA Limited and the Trading Point Group relationship.
- Trading Point MENA Client Agreement — states Trading Point MENA Limited is wholly owned by Trading Point Holdings Ltd.
- XM Execution Policy — current XM material identifies Constantinos Cleanthous as co-founder of XM Group.
- Trading.com Markets FDM Public Disclosure — group-related public disclosure identifying several indirect owners and Trading Point Group leadership roles.
- XM Regulation — current global regulatory disclosure for XM Global Limited.
Affiliate disclosure: CBFXHUB may receive compensation when users follow eligible broker links. Corporate ownership is only one part of due diligence. Forex and CFD trading involve high risk and can result in substantial or total loss of trading capital.