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XM Sends Relief to Victims of Turkey-Syria Earthquake

The Turkey-Syria earthquake has been a headline on the global news scene since it occurred on February 6th, 2023. Financial service provider XM Group has provided relief packages to help victims deal with the earthquake's aftermath.

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UpdatedFeb 22, 2023
2 mins read

The Turkey-Syria earthquake has been a headline on the global news scene since it occurred on February 6th, 2023. Financial service provider XM Group has provided relief packages to help victims deal with the earthquake's aftermath.

Details of XM's Relief package to Victims of the Turkey-Syria Earthquake 

On February 6th, 2023, a 7.8 magnitude earthquake hit close to the town of Gaziantep, Turkey, a few miles from north-western Syria. This earthquake is reportedly the strongest to hit Turkey since 1939. 

The major problem is that Turkey and Syria's disaster management teams are working with limited resources. But, the countries’ limited resources are not the only problem. Many displaced individuals have had to deal with a lack of basic amenities and harsh weather conditions. 

With over forty thousand reported dead and hundreds of thousands displaced, the outcry for international intervention and relief is at its peak.

Mark Kaye of the International Rescue Committee (IRC), describes the situation as "an emergency within an emergency." Kaye is the IRC’s director of policy, advocacy, and communications for the Middle East and North Africa. 

Several organizations have supported rescue teams to evacuate people and ensure survivors get the necessary help. XM is one such organization supporting UNICEF in distributing necessities to victims, especially children. The broker donated relief packages to support victims impacted by the earthquake.

About XM

Founded in 2009, XM is a leading financial service provider offering forex and CFDs to over 5 million clients from over 190 countries. It has an advanced trading platform with over 30 languages and flexible trading conditions to suit its global clientele. 

Over the years, XM has enjoyed a high level of client retention due to its commendable customer service and support. This is evident in the clients' reviews of the company.

XM is a highly regulated international broker. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) in the European Economic Area, the Australian Securities and Investments Commission (ASIC) in Australia, the Dubai Financial Services Authority (DFSA) in the Middle East, and the International Financial Services Commission of Belize (IFSC).

Aside from its seamless financial service, XM is devoted to catering to social needs within and outside its region. It is ranked as one of the best forex brokers because of its corporate social responsibility (CSR).

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