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XM Expands into Asian Markets with New Regional Office

Maria Rodriguez
April 1, 2024

XM Group, a leading global forex and CFD broker, has announced the opening of a new regional headquarters in Singapore, marking a significant expansion of its presence in Asian markets.

The new office, located in Singapore's financial district, will serve as a hub for XM's operations across Southeast Asia and will focus on providing enhanced customer service, educational resources, and localized trading solutions for clients in the region.

"Asia represents one of the fastest-growing regions for retail trading, and our new regional headquarters in Singapore allows us to better serve our clients across Southeast Asia," said XM Group CEO. "We've seen tremendous growth in our Asian client base over the past five years, and this investment demonstrates our long-term commitment to the region."

The expansion comes as XM reported a 45% year-over-year increase in new client acquisitions across Asian markets in 2024, with particularly strong growth in Singapore, Malaysia, Thailand, and Vietnam.

As part of the expansion, XM will also launch a series of local seminars and workshops throughout Southeast Asia, focusing on trading education and market analysis. The company plans to hire over 100 new employees for the Singapore office by the end of the year, including customer service representatives, market analysts, and educational specialists.

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