XM Secures CMA License, Strengthening Its Regulatory Footprint in Kenya
XM, a globally renowned broker with over 15 million clients worldwide, has obtained a license from Kenya's Capital Markets Authority (CMA). This milestone underscores XM's strategic expansion across Africa and its commitment to providing a secure, regulated trading environment for local investors.
The CMA license aligns XM with Kenya's robust financial framework, ensuring compliance with stringent regulatory standards. "Kenya represents a dynamic and rapidly growing financial market," said a co-CEO of XM. The authorization enables local traders to access XM's ecosystem of 1,400+ products, educational resources, and award-winning services under local oversight.