XM has received over 30 industry awards. It also offers educational videos, webinars, and other technical analysis. Additionally, it provides a virtual private server for customers. This means that it is possible for account holders to connect to an XM server and share their trading strategies with others. There is also a research and education section that includes a library of educational materials.
The company has an office in Athens, Greece. It is licensed by the Belize FSC and the Cyprus Securities and Exchange Commission (CySEC). XM also provides forex trading and other investment services. Some of the instruments available include stocks, precious metals, and energies. XM has been in business for more than ten years and has 2.4 billion trades to its credit.
XM is committed to providing commercial-free music. According to Eric Logan, XM"s executive vice president of programming, XM will add more music channels with commercial-free content. He said that XM has a "commitment to our clients and will continue to develop new and exciting commercial-free music."
XM Satellite Radio is an audio service that is operated by Sirius XM Holdings. It launched in Canada on November 29, 1999. However, XM does not offer its service in Alaska, Hawaii, and the contiguous 48 states.
XM satellite is a terrestrial repeater-assisted satellite digital audio radio service. It carries a signal using 12.5 MHz of the S band. It also transmits separate traffic and weather channels. For a subscription, it offers 73 music channels. These channels are pre-processed and carried by Neural Audio processors. The signal is then transmitted to a network of ground-based repeaters. To receive the broadcast, a receiver needs to be purchased. XM has a variety of payment options, including an inactivity fee for dormant accounts.
XM provides support in many languages. There is also an XM community where users can interact and collaborate on best practices. It also provides a place to learn and discover new innovations.
XM has an Investor Compensation Scheme to compensate account holders in case the brokerage firm fails to make its full investments. Clients with an account with a balance of over $500 can access the XM Virtual Private Server. A minimum withdrawal of $100 is required. Depending on the bank, funds may take up to five business days to be processed.
XM has over five million clients. Its loyalty program is available to clients outside of the European Union. XM has offices in Sydney, Australia, and Athens, Greece. An XM customer care team can be reached by phone, email, or chat.
XM has received a number of complaints from consumers and government officials. In 2010, Ohio Attorney General Richard Cordray launched an investigation into the company.