On May 26, XM South Africa was recognised as “Most Trusted Broker” by FAME at the Finance Magnates Africa Summit (FMAS) 2026 in Cape Town.
As one of the continent’s leading financial events, the FMAS brought together brokers, fintech innovators and trading professionals to explore emerging-market trends and drive growth across the region.
In an industry where trust and consistency remain essential, this award reflects XM’s continued focus on delivering a seamless trading experience to more than 20-million clients worldwide. It also highlights the growing emphasis traders place on regulation and transparency when choosing a broker, underscoring XM’s commitment to client protection.
Global presence, locally anchored
While XM operates on a global scale, its presence in South Africa is deeply rooted in local understanding. Through a dedicated on-the-ground team, XM continues to set new standards by combining trader education with continuous innovation within the industry.
A key example of this is XM’s demo trading competitions, which turn simulated trading into a practical learning environment. These competitions help traders at all levels develop their skills and apply their knowledge in a safe, controlled setting.
This approach is further supported through free educational resources, including in-person seminars, expert-led webinars, tutorials and daily live education. The goal is not only to make trading more accessible, but to equip traders with the tools and confidence needed to make smarter decisions in increasingly dynamic markets.
Martin Ioannou, country manager for XM South Africa, adds that “in today’s fast-moving financial markets, XM is more than a broker; it’s a full ecosystem for trader empowerment. Education is central, not an add-on, helping South African traders progress from novice to professional.”
XM at a glance
XM is a multi-regulated broker with over 15 years of expertise, serving traders across 190 countries. Clients gain access to over 1,400 instruments at their fingertips – including forex, commodities, indices, stocks, and more.
Having executed over 13.5-billion trades with zero requotes or rejections, XM provides reliable trading conditions that help clients navigate the markets more effectively.
Beyond its core services, XM offers alternative ways to get more from every trade, rewarding clients throughout their journey with year-round bonuses and promotions. That value is extended through products such as the XM Traders Club loyalty programme and its Refer-a-Friend initiative. This long-term commitment to supporting clients at every level continues to define XM and reinforce its standing as a trusted global broker.
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Disclaimer: Promotions and bonuses are not available for accounts registered under our EU-based entity. The XM Group operates globally under various entities, so products, services, and features listed here vary between XM entities. For further information, please visit the XM website.
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