15.04.2024
XM partnered with Human Initiative to help flood victims in Indonesia
15.04.2024
Stelian Olar
Contributor

​Broker XM has partnered with the Human Initiative to arrange aid for evacuees following the floods in Indonesia. 

The floods in Indonesia have killed hundreds of people, and the direct damage from a series of floods has exceeded ten billion dollars. Victims have found temporary shelter after the disaster in Demak province. 

Broker XM's humanitarian mission helped demonstrate that, in times of need, humanity can come together to address the aftermath of a disaster. 

"Our response to the flash floods in early February was immediate, delivering over two hundred bags of hot meals, large quantities of water, kitchen supplies, and other items to help those affected by the unprecedented disaster," XM commented

However, the broker noted that these actions would not have been possible without the help of Human Initiative, a humanitarian organization dedicated to providing aid to those in need. Such initiatives have the power to change the world in times of crisis. 

XM's assistance was implemented through a donation program and was an undeniable testament to the company's commitment to the goals of creating a better world where humanity is one. 

"We could not be happier or prouder of the help we provided. Not only did the adults and children feel hope again, but we at XM were reminded of how our actions align with our goals. We are not just another company. We are people. We are XM. And we are here to act," the company said. 

XM is a professional trading broker and offers two models for sending orders to the interbank market. STP – a model of sending client orders directly to liquidity providers with an optimal spread and no commission. ECN – a model of sending transactions to the electronic platform with a spread on the market from 0 points (there is a fee per lot). 

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