XM shows concern for the victims of the devastating earthquake in Morocco by channeling donations through Banque Alimentaire and distributing staple necessities.
XM Group has built its reputation over 14 years among the trading community as a multi-regulated retail broker, serving over 10 Million traders and investors from approximately 190 countries with over 2.4 billion trades without requotes.
However, XM's commitment is not limited to business. Recently, the company distributed emergency donations to the Moroccan non-profit bank Banque Alimentaire and several necessities as humanitarian assistance for the Moroccan people affected by the earthquake.
Morocco is emerging from gloomy days after being hit by an earthquake on September 8, 2023, in the Marrakesh-Safi region with a magnitude of Mw 6.8. It is the second deadliest earthquake in 2023 after the Turkey–Syria tragedy. Nearly 3000 people died, while more than 30 thousand residents were affected by this devastating earthquake.
"One of the things we are grateful for is our ability to provide support when needed. We plan to continue trying to do so in the years to come. We hope our efforts will support the healing of the Moroccan people," commented XM on its website.
In addition, this Cyprus-based broker always stands in solidarity with the state and society and does not hesitate to help millions of Moroccan citizens who survived the earthquake.
On October 9, 2023, the company confirmed the assistance of blankets, torches, and clothing and provided food and shelter for the victims. Also, with the support of affiliate donations, its Business Development team in Arabia is actively engaging with the community to provide direct assistance to those affected in remote areas.