XMTrading XM (XMTrading): Is XM affiliate marketing illegal in Japan? Explaining the reward system, the Financial Services Agency’s position, and the latest guidelines and possibilities for getting caught.
This article explains whether affiliate marketing is illegal because xm does not have a registration license from the Financial Services Agency. XMTrading has a partner program where you can become an affiliate. In Japan, XM affiliate marketing is said to be a gray area, but what is the reality? I would like to mention the opinion of the Japanese Financial Services Agency and the possibility of arrest.