UAE loan repayments blow Pakistan’s forex cushion
Pakistan’s external debt servicing pressure climbed to a concerning level in the last fiscal year despite growth in foreign exchange reserves, as repayment of deposits from the United Arab Emirates pushed the key coverage ratio to 115 percent in FY26, according to research by Topline Securities based on State Bank of Pakistan data. The ratio […]
Trust is increasingly considered the deciding factor for traders in Pakistan when choosing a forex broker, and XM believes that trust is earned through verifiable performance rather than advertising. The company positions itself as a reliable forex broker in Pakistan through transparent pricing, fast execution, and accessibility.
XM makes its pricing, including spreads, commissions, and fees, clear before a trader opens an account, ensuring no hidden charges later. Every account type offered by XM comes with published specifications, allowing for easy comparison. Additionally, XM provides negative balance protection to prevent an account from falling below zero even during extreme market moves.
XM claims that 99.7 percent of orders are executed in under 66 milliseconds, even during major economic releases such as NFP, FOMC, and CPI. Withdrawals are approved automatically 92.9 percent of the time, with clients collectively withdrawing over 9 billion dollars from the platform. These figures are considered more reliable than promises when evaluating a reliable forex broker in Pakistan.
With over 15 years of operation, XM has built a client base of more than 20 million traders across 190 countries. The company's leadership has visited more than 120 countries and works with a partner network of over 250,000 individuals and businesses. XM has processed over 13.5 billion trades, paid out more than 6.4 billion dollars in bonuses to traders, and contributed to a shared prize pool of 25,000 dollars in copy trading competitions.
XM offers various accounts catering to different trading preferences, such as the XM Traders Club, which rewards members with XM coins convertible into tradeable bonuses or withdrawable funds. The XM Ultra Low account is particularly suitable for scalpers and high-frequency traders, featuring ultra-tight spreads of just 0.8 pips and a low $5 minimum deposit, along with a negative balance safeguard.
XM's accessibility is further enhanced through its support of CNIC or passport for registration, major Pakistani banks for funding, and 24/7 local chat support, along with Islamic swap free accounts.
Written by urgent.news from ProPakistani's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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