The American branch of the XM broker named Trade.com got an official approval to become a Dealer Member of the United States National Futures Association (NFA). The broker will likely start working within the US jurisdiction.
The American branch (which used to be named Trading Point US Inc.) had applied for a US license all the way back in January 2019. The company that operates XM launched Trade dot com in July the same year and got a license from the British regulator FCA.
Very few brokers operate legally on the American market – IG US, OANDA, Forex.com, and TD Ameritrade (that one is in the process of being acquired by Charles Schwab) – as the American market became very heavily regulated in 2010 after the passing of the Dodd–Frank Act.
This is good news for XM, but I am actually a little surprised they are licensing a new company to join the American market in the middle of the current crisis.