Xm forex minimum withdrawal

Compared to deposits, there are fewer withdrawal methods, which are discussed below.

Free forex bonuses

XM Deposit and Withdrawal Methods in 2021, xm forex minimum withdrawal.

Unless specified, the XM user will have to withdraw at least five USD at a time, and there are no fees for withdrawal. The processing time for the withdrawal request is usually 24 hours on working days if the customer has completed the KYC requirements and submitted the documents required. These documents are the identity proof and proof of address of the trader. However, the amount will be credited to the linked bank account, usually only after three to five business working days.
XM withdrawal review

XM deposit and withdrawal methods in 2021

In our xm.Com broker review, we described the basic features and offers of this famous forex broker. In this article, we will analyze only deposit and withdrawal options.
XM is one of the leading foreign exchange (forex) brokers globally, and millions of traders worldwide are using XM for forex trading. Many of these forex traders are investing large amounts of money for forex trading. They would like to find out the XM deposit and withdrawal methods to make a decision accordingly. One of the factors affecting the choice of the deposit or withdrawal method is the country in which the trader is residing. Some payment/withdrawal methods are popular in each country due to several factors, and the trader will usually use that method since the fees will be less. Unless specified, the currencies for the deposit and withdrawal methods are USD, EUR, GBP, CHF, HUF, PLN, AUD.

XM deposit and withdrawal methods are online payment methods that XM forex broker allows for traders. XM.Com deposit and withdrawal methods are credit card, debit card, neteller, skrill, unionpay, bank wire. XM withdrawal options for partners are skrill, neteller, and bank wire.

XM offers payment options for traders, such as:

VISA

VISA electron

Mastercard

Maestro

Diners club international

Unionpay

XM card

Skrill

Neteller

Web money

Bank wire

The minimum deposit for an XM account is $5 for MICRO and STANDARD forex trading accounts, $50 for ULTRA LOW trading accounts, $10 000 for SHARES accounts.XM minimum withdrawal value is $5 for MICRO and STANDARD forex trading accounts, $50 for ULTRA LOW trading accounts, while for SHARES accounts is $10 000. The minimum deposit value for the XM account and minimum withdrawal for the XM account is related to the type of order and not the payment method. Skrill withdrawal option is one of the most used payment methods, and the minimum deposit for skrill (withdrawal too) is based on account types.

XM deposit methods

How to deposit the XM account? There are several XM deposit options:

XM credit/debit card

XM accepts deposits using credit and debit cards from visa, visa electron, mastercard, maestro. The minimum deposit amount is $5, and the amount is immediately credited to the user’s forex account. There are no fees for using this deposit method. Since most people have a debit or credit card, this deposit method is widely preferred. However, most credit and debit cards have a limit, so the amount which can be deposited is also limited.

XM electronic payment

All the electronic payment methods have no fees and a minimum deposit of $5. Neteller, skrill, and unionpay are some of the electronic payment methods. For neteller and skrill, the amount is credited to the forex account immediately, while for union pay, the deposit will be processed within 24 hours. Cash only accepts USD deposits and przelewy24 accepts PLN deposits, and the amount is instantly credited to the forex account. For bitcoin, deposits in only three currencies, USD, EUR, JPY, are accepted, and it may take up to one hour for the payment to get processed.

XM banking

For sofort banking, deposits are only accepted in eur & GBP. Though the minimum amount is $5, and there are no fees, the deposit processing time will vary depending on the country. For conventional bank transfer of deposit amount in the forex account, at least two hundred USD or equivalent will have to be deposited in the forex account at a time. The fees depend on the bank, which is used. The amount deposited in the bank account will be credited to the forex account within two to five business days.

XM withdrawal review

If a user wishes to withdraw his money from the XM account, they will have to provide the know your customer (KYC) documents, which are specified. These documents are necessary to prevent money laundering according to the various regulatory bodies’ requirements in different countries. XM has an online and offline form where the customer’s personal information and background details have to be provided. This information will help XM in providing better service to their customers.

Compared to deposits, there are fewer withdrawal methods, which are discussed below. Unless specified, the XM user will have to withdraw at least five USD at a time, and there are no fees for withdrawal. The processing time for the withdrawal request is usually 24 hours on working days if the customer has completed the KYC requirements and submitted the documents required. These documents are the identity proof and proof of address of the trader. However, the amount will be credited to the linked bank account, usually only after three to five business working days.

XM credit cards and electronic payment

Visa, visa electron credit and debit cards, maestro and mastercard credit cards can be used for withdrawing funds. Unionpay is another option for fund withdrawal. Similarly, skrill ( earlier called moneybookers) and neteller are electronic payment methods used for fund withdrawal. Bitcoin can also be used for withdrawing the money in the XM account, though funds can only be withdrawn in USD, EUR, and JPY. Usually, credit/debit card withdrawals are given top priority by XM, followed by bitcoin withdrawals and neteller/skrill (e-wallet) withdrawals.

XM bank wire transfer

Many of the forex traders are trading in large amounts, and they prefer to make bank wire transfers to withdraw their profit.

The smallest amount permitted for making a withdrawal to a bank account is two hundred dollars. The withdrawal fees will vary based on the bank selected by the trader. The amount is usually credited to the bank account two to five business days after the withdrawal request is made. XM may process the bank withdrawal requests more slowly. The longest period of XM bank wire transfer withdrawal was 5 days in my last 8 years.

XM fund safety

To keep their clients’ funds, the forex traders safe, XM takes all measures to prevent unauthorized access to their information systems. All the funds of their clients are segregated and kept with the most reputed banks worldwide. Additionally, XM is also offering negative balance protection to their clients. XM has a risk management system implemented, which will ensure that the trader’s loss will be limited to the amount deposited with XM only.

Forex trading without any deposit

Many people are interested in forex trading yet do not have the money to take the risk. However, it is still possible to get some experience in forex trading without making a deposit.

XM no deposit bonus

To encourage people who are curious about forex trading, XM offers a $30 no deposit bonus to all those who create a new account with XM. This allows the new trader to take the risk of trading without risking his own money. The amount is directly credited to the live trading account and helps the trader understand market conditions.

XM demo account

XM also allows new traders to create a demo or virtual account to trade in forex with virtual money. The trader will be given $50,000 in virtual money for each account created, which he can use to trade, become familiar with the features, and test strategies. A trader can create any number of demo accounts to practice trading. If the demo account is inactive for a long period, it will be deleted immediately.

XM's all deposit and withdrawal options and its conditions

How to make deposit and withdrawal to / from XM MT4 and MT5?

Here is the available funding options and each conditions.

XM - what's now?

Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.

XM’s all deposit and withdrawal methods

List of fund deposit methods for XM MT4 and MT5
- How to make a deposit to XM MT4 or MT5?
- Anything to be careful before making a deposit?

List of fund withdrawal methods for XM MT4 and MT5
- Any requirements for fund withdrawal?
- Profit withdrawal requires identity verification process (KYC)

Are my funds safe with XM?
1. Clients’ funds are segregated
2. Negative balance protection

Who is XM?

Start trading with XM without making a deposit
1. XM’s 30 USD no deposit bonus
2. Open a demo trading account and trade with virtual money
  - How to register for XM’s DEMO account?
  - XM’s demo account expires in case of inactivity

XM’s all deposit and withdrawal methods

XM accepts a variety of internationally recognized payment system to ensure maximum availability of your most favorite online payment system.

Below you will find brief information about XM’s accepted deposit methods and withdrawal methods, and more detailed information about commissions, fees, withdrawal terms and payment system country restrictions (if any).

List of fund deposit methods for XM MT4 and MT5

Here is the list of currently available fund deposit & withdrawal methods accepted by XM.

Deposit options
credit cards	accepted currency	minimum amount	fees	appriximate time
visa (credit/debit)	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	instantly
visa electron (credit/debit)	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	instantly
mastercard	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	instantly
maestro	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	instantly
unionpay(中国银联)	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	within 24 hours
electronic payment
neteller	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	instantly
skrill (moneybookers)	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	instantly
sofort banking	EUR, GBP	5 USD (or equivalent)	none	depends on country
cashu	USD	5 USD (or equivalent)	none	instantly
przelewy 24	PLN	5 USD (or equivalent)	none	instantly
bitcoin	USD, EUR, JPY	5 USD (or equivalent)	none	within 1 hour
bank wire transfer
bank transfer	USD, EUR, GBP, CHF, AUD, PLN, HUF	200 USD (or equivalent)	depends on banks	2 – 5 business days

How to make a deposit to XM MT4 or MT5?

First, you need to login to XM’s members area, then go to the “deposit” page and follow the instructions of each method.

Anything to be careful before making a deposit?

XM does not accept deposits from third parties. As in, no one else can make a deposit to your trading account.

There is no minimum deposit requirement for micro or standard account, but at least 200 USD is required for XM zero account.

List of fund withdrawal methods for XM MT4 and MT5

withdrawal options
credit cards	accepted currency	minimum amount	fees	appriximate time
visa (credit/debit)	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	within 24 hours
visa electron (credit/debit)	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	within 24 hours
mastercard	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	within 24 hours
maestro	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	within 24 hours
unionpay(中国银联)	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	within 24 hours
electronic payment
neteller	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	within 24 hours
skrill (moneybookers)	USD, EUR, GBP, CHF, AUD, PLN, HUF	5 USD (or equivalent)	none	within 24 hours
bitcoin	USD, EUR, JPY	5 USD (or equivalent)	none	within 24 hours
bank wire transfer
bank transfer	USD, EUR, GBP, CHF, AUD, PLN, HUF	200 USD (or equivalent)	depends on banks	2 – 5 business days

Any requirements for fund withdrawal?

XM processes withdrawals according to the below withdrawal priority procedure:

Credit/debit card

Bitcoin

E-wallet(electronic payment)

Other methods (bank transfer)

For more information, please contact XM support team.

Profit withdrawal requires identity verification process (KYC)

As a licensed company, XM prides themselves on the integrity and transparency of the business.

It is a legal requirement of the international anti money laundering act and part of the memorandum of understanding XM has in place with the different regulatory bodies that they are able to positively identify all customers.

This process helps XM provide their best service, and ensures minimal disruptions to your trading.

XM’s KYC processes are the best and the easiest to complete in the industry and they pride themselves on the recognition they have received by being made socially responsible market operators.

All XM’s traders are required to complete a simple form available online and offline where XM can gather several information about your personal background and trading experience that should help them in offering you more professional services.

Please login to your account dashboard and check the KYC module for more information.

Are my funds safe with XM?

For XM, the creation of a fully protected and transparent environment, in which to trade, is of paramount importance.

XM makes sure they do all they possibly can to give you complete peace of mind when depositing your money with them and offer full transparency in everything they do.

XM prides itself on employing strict and uncompromising measures both automated and manual, to ensure that every part of XM’s information systems are fully protected.

XM is committed to keeping your money safe.

XM is a multi-licensed online forex and CFD broker, and that gives XM clients assurance that any funds held with XM are secure and that their resources are adequately managed at all times.

1. Clients’ funds are segregated

As a retail client of XM, you can rest assured that your funds are completely safe.

Client funds are held at some finest and most reputable banks.

With XM, your money is always segregated under regulations / rules and cannot be used by them, XM’s prime brokers, agents and/or their counter-parties.

2. Negative balance protection

XM’s automated risk management system is designed to reduce the risk of your trading account being depleted to zero or turning negative.

You are completely protected against losing any funds that excess your investment with XM.

Who is XM?

XM offers internet-based trading services all over the world, enabling trading operations in the international currency market forex.

XM enables trading different financial instruments such as forex trading, CFD trading in various markets, index and commodity futures and metals, while ensuring round the clock quality technical support.

XM’s handy and easy to use trading platform metatrader4 and metatrader5 offer access to timely financial news, technical analysis of financial instruments, the ability to use mechanical trading systems and much more.

XM pays special attention to their clients, by finding and carefully hand-picking real professionals, who know their jobs.

Raising the level of financial ability among the population.

Ensuring the best trading conditions, which rival the ones offered by leading banks.

Expanding the selection of trading instruments by offering new demandable instruments.

Creating innovative solutions, which help the traders perform transactions.

Offering high-quality and high-speed technical support to our customers.

Start trading with XM without making a deposit

If you are not ready to make a deposit to XM’s MT4 or MT5 accounts but you want to start investing, there are still 2 main ways to start your online investment journey with XM.

You can either get XM’s welcome bonus which XM gives you for free and does not require you to make a deposit, or open XM’s demo trading account where you can trade with virtual money to experience XM’s trading conditions without risking your own funds.

1. XM’s 30 USD no deposit bonus

XM’s 30 USD no deposit bonus welcomes new traders of XM.

For eligible traders, XM’s 30 USD no deposit bonus can be credited into live trading accounts without a need of making a deposit.

With XM’s 30 USD no deposit bonus, you can trade on XM’s live trading account without making a deposit and without risking your own funds.

Unlike XM’s demo account, the trading with the bonus will involve real market thus you can experience the market conditions.

For more information about XM’s 30 USD no deposit bonus, please visit the page below.

2. Open a demo trading account and trade with virtual money

XM’s demo account is a forex trading account pre-loaded with virtual money instead of real money in real accounts.

People are always required and encouraged to train themselves on a demo account before engaging in real trading to make sure they get familiar with the platform’s features, market’s hectic hours as well as for testing and enhancing their trading strategies or expert advisers.

How to register for XM’s DEMO account?

Just download XM’s free metatrader4 or metatrader5 terminal from XM official website, install and launch to obtain your free $50,000 demo account automatically. (or any other amount)

You should be ready to trade the markets within 5 minutes of downloading XM’s platform.

You can also signup from here to start from online registration with XM, and get the trading tools, educational materials and access to XM’s members are.

XM’s demo account expires in case of inactivity

To maintain healthy and fast trading servers, all XM demo accounts are set to expire in certain days.

After your demo account expires, you can simply register a new demo account at anytime.

You can signup for as many demo accounts as you need.

Please download metatrader4 or metatrader5 forex trading platform from XM official website and install it on your PC or handheld device to get started.

A demo account is automatically created for you upon first login and pre-funded with $50,000 virtual dollars (or any other amounts).

Post tags

See the trading condition of this mega FX broker.

Comments

Features

Windsor brokers loyalty programme

Windsor brokers 20% deposit bonus

Windsor brokers $30 free account

US stocks pre-market trading is now available with exness

FBS 12th anniversary raffle

Land-FX wins the best trading platform award by world forex award

MTN money payment is available for rwanda

Traders trust adds exotic FX pairs - HKD, SGD, CZK, ZAR and more

Interviewing the top forex trader who won the hotforex contest

What's the most profitable forex currency pairs?

Make a deposit to yadix MT4 with perfect money

Hotforex south africa (ZA) now accepts direct online bank transfer deposit

All forex brokers

All crypto-currency exchanges

Latest article

Windsor brokers loyalty programme

Windsor brokers' loyalty programme will reward you for redeemable points.

Windsor brokers 20% deposit bonus

Deposit at least 500 USD to get 20% bonus from windsor brokers.

Windsor brokers $30 free account

Open windsor brokers' $30 free account to start trading without risking your own funds.

US stocks pre-market trading is now available with exness

What is pre-market trading of US stocks? How does it work?

FBS 12th anniversary raffle until 2021/7/1

FBS celebrates the 12th anniversary with prizes totaling $1,200,000.

Land-FX wins the best trading platform award by world forex award

Land-FX MT4 and MT5 are awarded as the best trading platform.

MTN money payment is available for rwanda

Deposit your superforex account with MTN money.

Hercules.Finance

Sitemap

Services

Bonds

Cfds

Commodities

Copy trade

Cryptocurrency

Energies

Etfs

Forex

Indices

Metals

Mirror trade

Social trade

Stocks

Promotions

Community & support

Who is hercules.Finance?

Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.

Risk warning

Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

XM.Com withdrawal

XM.Com withdrawal methods and fees, all you need to know about XM withdrawal fees and which payment methods you can use to withdrawal from XM forex broker, for more information about xmmarkets withdrawal methods you can also visit XM review by forexsq.Com currency trading website, the top forex broker ratings fx brokers website and the fxstay.Com online investing company and get all information you need to know about XM markets forex broker.

XM.Com withdrawal fees

Credit cards

options	XM ACCOUNT BASE CURRENCIES	fees	min. Withdrawal	time	withdrawal
USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours

USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours
USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours
USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours
USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours*

*withdrawals by credit cards are processed within 24 hours on working days on receipt of your withdrawal request. However, the funds are credited into your bank account within 2-5 business days.

Electronic payment

options	XM ACCOUNT BASE CURRENCIES	fees	min. Withdrawal	time	withdrawal
USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours

USD, EUR, GBP, CHF, AUD, PLN, HUF

covered by XM

min. 5 USD or value equivalent in any other currency.

Processed in 24 hours

Bank wire transfer

options	XM ACCOUNT BASE CURRENCIES	fees	min. Withdrawal	time	withdrawal
USD, EUR, GBP, CHF, AUD, PLN, HUF	only fees on XM’s side are covered.	USD 200	2-5 business days*

*withdrawals by bank wire transfer are processed within 24 hours on working days on receipt of your withdrawal request. However, the funds are credited into your bank account within 2-5 business days.

How to do XM withdraw funds?

XM withdrawal priority procedure

Withdrawal of funds is only available to clients who have uploaded their supporting documents and had their trading account validated. Clients log in to the secure XM members area to upload their supporting documents (proof of identity and proof of address) and once the clients’ trading account has been validated they will be able to withdraw funds from their trading account.

In order to protect all parties against fraud, XM will only process withdrawal/refunds back to the source of the original deposit according to the below withdrawal priority procedure:

Credit/debit card withdrawals. Withdrawal requests submitted, regardless of the withdrawal method chosen, will be processed via this channel up to the total amount deposited by this method.

E-wallet withdrawals. E-wallet refunds/withdrawals will be processed once all credit/debit card deposits have been completely refunded.

Other methods. All other methods such as bank wire withdrawals shall be used once deposits made with the above two methods have been completely exhausted.

All withdrawal requests will be completed within 24 working hours; however all withdrawal requests submitted will be instantly reflected in the clients’ trading account as pending withdrawals. In case a client selects an incorrect withdrawal method, the clients’ request will be processed according to the withdrawal priority procedure described above. All client withdrawal requests shall be processed in the currency in which the deposit was originally made. Should the deposit currency differ from the transfer currency, the transfer amount will be converted by XM into the transfer currency at the prevailing exchange rate.

XM minimum deposit

The XM minimum deposit that XM requires is US dollar 5

The minimum deposit amount of US dollar 5 when registering a live account is equivalent to ZAR107.29 at the current exchange rate between US dollar and south african rand on the day and at the time that this article was written.

XM has headquarters in cyprus, australia, and belize and is authorized and regulated by demanding regulating entities namely cysec, ASIC, IFSC, DFSA, and the FCA.

As a regulated broker, one of the requirements is that client funds be kept in segregated accounts.

In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

In addition to ensuring client fund security through segregated accounts, regulated brokers such as XM are required to be a member of a compensation scheme or fund which pays out a certain amount to eligible clients in the case of company insolvency.

Deposit fees and deposit methods

XM does not charge any fees when deposits are made into the trader’s account. XM offers a vast amount of payment methods which include, but is not limited to:

Bank wire transfer

Local bank transfer

Credit/debit cards

Neteller

Skrill, and more

XM supports a wide variety of deposit currencies in which traders can fund their accounts which includes, but is not limited to:

ZAR, and more.

Step by step guide to deposit the minimum amount

Once the trader has completed the process of registering on the website, the trader can make the initial minimum deposit by following these steps:

Log into the client portal and select ‘deposit’

Select the deposit method along with the amount.

After the trader has made their selection, they will be redirected to the payment processor page to confirm their deposit.

Traders should take note that with making deposits by using bank wire transfer, the transactions may take a certain amount of time depending on the method, time of the day, and day of the week.

Bank wire transfers take anything from a day to a few business days depending on the time the payment was made during the day along with the day of the week.

Pros and cons

PROS	CONS
1. Deposit fees are not charged	1. None noted
2. Quick and easy depositing of funds
3. Low minimum deposit amount
4. Wide variety of payment methods offered
5. Wide variety of deposit currencies supported

What is the minimum deposit for XM?

How do I make a deposit and withdrawal with XM?

You can make use a wide variety of deposit and withdrawal methods including, but not limited to:

Bank wire transfer

Local bank transfer

Credit/debit cards

Neteller, and

Skrill

Does XM charge withdrawal fees?

No, not internally. Traders may be charged fees by their banking institution depending on the payment method through which withdrawals are made.

Withdrawal! Complete withdrawal request within 1 minute!

How to withdraw money on XM group

Withdrawal request from XM group, complete within 1 minute! Very simple

There are different ways to withdraw money such as credit card, debit card, NETELLER, bank transfer, but it should be noted that basically you can not withdraw money using methods other than those used to deposit funds.

This is not just limited to XM group but other foreign forex brokers to prevent money laundering.

Step 1 click “withdrawal” button on my account page

After logging in to my XM group account, click “withdrawal” on menu.

Step 2: select withdrawal options

Select the withdrawal method similar to the deposit method

Credit cards or debit cards can be withdrawn up to the deposit amount.

After withdrawing up to the amount deposited, you can choose to withdraw the remaining amount using whichever method you like.

For example: you deposited 100,000 VND into your credit card, and you make a profit of 100,000 VND after trading. If you want to withdraw money, you have to withdraw 100,000 VND or the amount deposited using credit card, the remaining 100,000 VND you can withdraw by other methods.

Deposit methods	possible withdrawal methods
credit card	withdrawals will be processed up to the amount deposited by credit card. The remaining amount can be withdrawn via other methods
debit card	withdrawals will be processed up to the amount deposited by debit card. The remaining amount can be withdrawn via other methods
NETELLER	choose your withdrawal method other than credit or debit card.
Bank wire	choose your withdrawal method other than credit or debit card.

Step 3 enter the amount you wish to withdraw and submit the request

Enter the amount you wish to withdraw. Note that you should not enter “comma” when entering the amount. Number only

Click “yes” to agree to the preferred withdrawal procedure, then click “request”

Thus, the withdrawal request has been submitted.

The withdrawal amount will be automatically deducted from your trading account. Withdrawal requests from XM group will be processed within 24 hours (except saturday, sunday, and public holidays)

As for credit cards and debit cards, since refunds are handled by card companies, even if XM group has completed the withdrawal request within 24 hours it could take a few weeks to a month to complete the process so, it is recommended that you withdraw the funds in a timely manner.

XMP (bonus) that has been redeemed will be removed entirely even if you only withdraw 1 USD

At XM, a client can open up to 8 accounts.

Therefore, it is possible to prevent the removal of the entire XMP (bonus) by opening another account, transferring the investment amount to this account and using it to withdraw money.

Question: how much do I need to trade on XM MT4 and MT5? What is the minimum requirement?

How much is required to open XM account and start trading forex on MT4 and MT5?

XM - what's now?

Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.

Required minimum deposit amount for XM MT4 and MT5

Required amount when placing trades on XM MT4 and MT5

Available fund deposit and withdrawal methods with XM
- Fund deposit to XM MT4 and MT5
- Fund withdrawal from XM MT4 and MT5

Faqs about fund deposit and withdrawal with XM
1. Which currency can I use to deposit funds to XM MT4 and MT5 accounts?
2. What is the minimum and maximum deposit and withdrawal amount?
3. How much are the fees (costs) for fund deposit and withdrawal?
4. Can I transfer the funds between accounts?
5. Must I deposit more if the loss exceeds the whole investment amount?

What is XM?

Merits of trading forex with XM

Required minimum deposit amount for XM MT4 and MT5

XM requires only 5 USD to start trading FX and cfds.

For standard and micro account, the required minimum deposit amount is 5 USD.

For XM zero account, the required minimum deposit amount is 200 USD.

Find the account types comparison table in the page here.

Required amount when placing trades on XM MT4 and MT5

With XM micro account, you can trade from only 100 units with 1:888 leverage.

In this condition, you can start trading with only about 10 cents of required margin in your trading account.

Thus, technically you can trade FX with XM with less than a dollar.

Although you can trade with XM with very small amount, you may always want to have your live accounts funded sufficiently to support trading positions and avoid any disturbances such as stop out(liquidation).

Available fund deposit and withdrawal methods with XM

Unless you opened a demo account with virtual funds, you must make a deposit to start trading with XM.

When you make a deposit to XM, the fund will be deposited into segregated bank account prepared by XM and the amount will be applied to your XM MT4 or MT5 account as you specified.

There are various funding methods available by XM, and besides the actual trading activities, it is also important to know the rules of fund deposit and withdrawal.

Fund deposit to XM MT4 and MT5

To make a deposit to XM MT4 or MT5 account, please fist login to xms member’s area from XM official website.

Then go to the “deposit section”.

xm deposit mt4 mt5 money transfer funding

With XM, mainly you can choose from the following fund deposit methods: bank wire transfer, credit/debit cards and online wallets.

In case of a bank wire transfer, you can find XM’s bank account details in the members area where you can make a deposit to replenish your account.

Credit and debit card (VISA, mastercard, maestro etc) is the most popular funding method by investors as it can be made instantly and you can immediately start trading with XM after the deposit.

Online wallets such as neteller, skrill, unionpay can be also useful if you have an account with such services.

The deposits through online wallets are also made instantly.

Fund withdrawal from XM MT4 and MT5

For fund withdrawal with XM, mainly the deposit methods you used will be used.

For example, if you have done bank wire transfer to make a deposit to XM, then the fund will be go back to the bank account you used, including any amount of profits.

In case you have used a credit or debit cards to make a deposit, then the fund up to the total deposit amount will be sent back to the card and profits (exceeded amount) will be sent to your bank account.

XM does not limit the withdrawal amount, you can withdraw unlimited amount of profits, but you must follow certain rules as XM is a licensed and regulated broker.

For more information about fund withdrawals, please contact support team from XM official website.

Fund withdrawal from XM’s trading account requires account verification with documents. For the list of required documents and more details, please visit the page here.

Faqs about fund deposit and withdrawal with XM

Although you are always to welcome to contact XM’s multilingual support team available for 24 hours a day and 5 days a week, we have also picked up some of the frequently asked questions regarding to fund deposit and withdrawal with XM here.

1. Which currency can I use to deposit funds to XM MT4 and MT5 accounts?

You can use any currencies to make a deposit to your trading account with XM.

In case the currency you have sent and the base currency of your account are different, then XM will automatically convert the amount according to the daily exchange rate and will credit it into your account.

To avoid any unnecessarily conversions and commissions, you can open accounts in many different currencies with XM.

The available base currencies include USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD and ZAR.

With such many options, you can also open multiple accounts in different currencies to hedge market risks.

2. What is the minimum and maximum deposit and withdrawal amount?

The required minimum deposit amount is 5 USD.

5 USD is the minimum amount you need to start trading forex and cfds with XM.

However the required minimum deposit amount varies depending on the account type you use.

For micro and standard account, the required minimum deposit amount is 5 USD.

For the XM zero account, the required minimum deposit amount 100 USD.

For the ultra low spread account, the required minimum deposit amount 50 USD.

The available minimum fund withdrawal amount is 5 USD for all account types.

The maximum fund withdrawal amount is unlimited, as XM does not limit the amount of profit you can generate through the investment activities.

3. How much are the fees (costs) for fund deposit and withdrawal?

XM does not charge any fees or commissions for fund deposit and withdrawal.

When you make a deposit to XM, you will see the whole transferred amount minus the commission charged by intermediary banks or payment processors.

XM even covers all transfer fees imposed by our banks, with the exception of deposits amounting to less than 200 USD (or equivalent denomination).

If the amount of bank wire transfer is less than 200 USD, then you must cover the fees charged by the banks.

4. Can I transfer the funds between accounts?

Yes, you can internally transfer funds between accounts registered under your profile.

To do that, please login to XM’s members area from XM official website.

You can freely transfer funds between accounts to manage instantly.

Note that if you have received bonuses from XM, then the internal fund transfer may cause bonus cancellation or partial transfer following the rules of the promotions.

5. Must I deposit more if the loss exceeds the whole investment amount?

No, you do not need to make additional deposits to cover the exceeded losses in XM MT4 and MT5 accounts.

This condition is provided as XM supports NBP (negative balance protection) which protects investors from any exceeded losses.

XM has stop out % which triggers liquidation of all orders to avoid further losses in your account, but in certain market conditions with high volatility in market prices, the account balance could go negative following the stop out (order liquidation).

In such a case, XM’s system will automatically fix the account balance to zero according to the rule of NBP, so investors can start investing again from 0 but not with negative balance.

With XM, the maximum loss is limited to the total deposit amount, and you can manage possible risks by not depositing more than you can afford to lose.

What is XM?

XM was founded on the principal that knowledge is what profits in the foreign exchange market and their success is achieved by helping the clients learn how to become profitable traders.

The way to make money in foreign exchange is to learn the lessons others haven’t and to know what others don’t.

XM believes helping the clients succeed in the forex market is the best way to grow the business, so they offer the best platform in the business, first class forex trading education and resources and superior customer service.

XM MT4 and MT5 platforms are the most unique and intuitive in the forex market.

They were designed in-house by a team of traders and technology experts, who understand the need for a quick, simple and easy to use platform.

It features one click order capability not found on most other platforms as well as instant order execution.

Merits of trading forex with XM

Great pricing on forex and CFD trades, powerful trading tools, great customer service and a ground-breaking financial community.

It doesn’t get any better than that.

Low cost trades
get competitive forex and CFD trade pricing with minimum amount. XM offers extensive free trading and research tools, investor community.

Powerful trading tools
markets move fast. You need the tools to move faster. At XM, you’ll get a comprehensive suite of trading tools to help you identify opportunities and stay on top of every twitch or jitter on the market.

Great customer service
XM’s mission is to provide the most responsive service in the business. They are standing by to assist you via phone, email and chat.

Post tags

See the trading condition of this mega FX broker.

Features

Windsor brokers loyalty programme

Windsor brokers 20% deposit bonus

Windsor brokers $30 free account

US stocks pre-market trading is now available with exness

FBS 12th anniversary raffle

Land-FX wins the best trading platform award by world forex award

MTN money payment is available for rwanda

Traders trust adds exotic FX pairs - HKD, SGD, CZK, ZAR and more

Interviewing the top forex trader who won the hotforex contest

What's the most profitable forex currency pairs?

Make a deposit to yadix MT4 with perfect money

Hotforex south africa (ZA) now accepts direct online bank transfer deposit

All forex brokers

All crypto-currency exchanges

Latest article

Windsor brokers loyalty programme

Windsor brokers' loyalty programme will reward you for redeemable points.

Windsor brokers 20% deposit bonus

Deposit at least 500 USD to get 20% bonus from windsor brokers.

Windsor brokers $30 free account

Open windsor brokers' $30 free account to start trading without risking your own funds.

US stocks pre-market trading is now available with exness

What is pre-market trading of US stocks? How does it work?

FBS 12th anniversary raffle until 2021/7/1

FBS celebrates the 12th anniversary with prizes totaling $1,200,000.

Land-FX wins the best trading platform award by world forex award

Land-FX MT4 and MT5 are awarded as the best trading platform.

MTN money payment is available for rwanda

Deposit your superforex account with MTN money.

Hercules.Finance

Sitemap

Services

Bonds

Cfds

Commodities

Copy trade

Cryptocurrency

Energies

Etfs

Forex

Indices

Metals

Mirror trade

Social trade

Stocks

Promotions

Community & support

Who is hercules.Finance?

Risk warning

Xm broker minimum withdrawal

How do I open a demo forex account?

Open forex a demo account.

Get account number and password.

Download metatrader 4 and log in to it using the received data.

Start forex trading on demo account.

How do I log into my demo forex account ?

Now you will be prompted to select between login with existing account open a demo account.

On clicking either login with existing account/open a demo account, a new window opens.

Enter ( broker name ) in the search field.

Click the server-demo icon if you have a demo account, or server-real if you have a real account.

How do I put money in my demo forex account?

Step 1: click the “deposit” button from my account.

My account demo forex account, click “deposit” button on the menu on the left side of the screen.

Step 2: select deposit option.

Step 3: enter the amount you want to deposit.

Step 4: enter credit card information.

Step 5: successful deposit.

How do I play forex demo on mt5/mt4 ? How to access the MT5 android trader

Open google play on your android, or download the app here. Locate metatrader 5 in google play by entering the term metatrader 5 in the search field.

Now you will be prompted to select between login with existing account open a demo account.

Enter your login and password.

Please leave a comment about : awards , safe or a scam? , leverage
accounts , fees . Deposits and withdrawals
market instruments . Trading platforms , regulation , EUR/USD spread , minimum deposit . Financial instruments, currency pairs, cfds ,cryptocurrencies, spot metal, shares, commodities and indices.

Open a forex account. Create a forex trading account access to over 120 currency pairs , all our recommended brokers are regulated

XM.Com withdrawal

XM.Com withdrawal fees

Credit cards

options	XM ACCOUNT BASE CURRENCIES	fees	min. Withdrawal	time	withdrawal
USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours

USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours
USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours
USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours
USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours*

*withdrawals by credit cards are processed within 24 hours on working days on receipt of your withdrawal request. However, the funds are credited into your bank account within 2-5 business days.

Electronic payment

options	XM ACCOUNT BASE CURRENCIES	fees	min. Withdrawal	time	withdrawal
USD, EUR, GBP, CHF, AUD, PLN, HUF	covered by XM	min. 5 USD or value equivalent in any other currency.	Processed in 24 hours

USD, EUR, GBP, CHF, AUD, PLN, HUF

covered by XM

min. 5 USD or value equivalent in any other currency.

Processed in 24 hours

Bank wire transfer

options	XM ACCOUNT BASE CURRENCIES	fees	min. Withdrawal	time	withdrawal
USD, EUR, GBP, CHF, AUD, PLN, HUF	only fees on XM’s side are covered.	USD 200	2-5 business days*

How to do XM withdraw funds?

XM withdrawal priority procedure

In order to protect all parties against fraud, XM will only process withdrawal/refunds back to the source of the original deposit according to the below withdrawal priority procedure:

Credit/debit card withdrawals. Withdrawal requests submitted, regardless of the withdrawal method chosen, will be processed via this channel up to the total amount deposited by this method.

E-wallet withdrawals. E-wallet refunds/withdrawals will be processed once all credit/debit card deposits have been completely refunded.

Other methods. All other methods such as bank wire withdrawals shall be used once deposits made with the above two methods have been completely exhausted.

XM minimum deposit and withdrawal methods test

XM.Com is the trading name of a brokerage platform operated by trading point holdings ltd. Based in limassol, cyprus. The forex and CFD broker XM.Com is regulated by the cypriot cysec, but also operates internationally outside the EU as XM global and in australia with its own branch.

The market maker, founded in 2009, enables trading in numerous underlyings with favorable spreads, and in forex trading even with ECN character. The XM.Com payment methods are accommodating: customers who deposit money at XM.Com only need to make a small XM minimum deposit of 5 euros, which is possible via many different channels.

Facts about the deposit and withdrawal options available with XM:

XM.Com minimum deposit as low as 5 euro / US dollar

Payments by credit card, bank transfer, IMMEDIATE, neteller, skrill, and regional payment solutions

Immediate processing of deposits

Xm.Com will pay any applicable fees

Favorable payment methods in comparison

The choice of deposit and withdrawal methods offered by a forex and CFD broker is an essential part of customer service and should be considered when choosing a provider. While traders used to be more or less committed to bank transfers and credit card payments, both of which often involve high costs, there are no other convenient and inexpensive payment solutions available. Electronic wallets in particular can compete with credit cards in terms of speed and are sometimes even cheaper in terms of fees.

Payment methods offered depend on the choice of the broker

Electronic wallets become standard

Costs for transactions are often low or do not occur

Keep your eyes open for processing deadlines!

If any questions arise, there are multiple ways to contact support

However, not all brokers have recognized the trend and include popular new payment platforms in their offers. And not only that – sometimes a lot of time passes until deposits are credited, withdrawals are only processed after two or three days, and fees reduce the return from trading. Dissatisfaction with payment methods is one of the most common reasons for switching brokers.

However, more and more providers are accommodating their customers, which is already ensured by the competition among forex and CFD brokers. How accommodating the payment options at a broker are depends on the respective provider, but some of them even include regional payment solutions. Fortunately, traders can also deposit and withdraw funds from XM.Com through a variety of payment methods.

Three accounts, low minimum deposit at XM.Com

Traders can also test this broker first with a free, unlimited demo account. Once the decision is made to opt for a real money account, XM.Com offers three different account models, the micro, standard, and XM ultra-low accounts. With the micro and standard accounts, the broker makes his profit via spreads, while commissions are charged for the ultra low account. According to ESMA regulations within the EU, the maximum leverage is 1:30 for private traders trading on the cysec regulated platform.

Choose your preferred account type

Traders opening a micro account can trade micro-lots, while standard lots are available for the standard account. For both accounts, the minimum deposit is only 5 euro or US dollar. For the zero-spread-account, the minimum deposit is 100 euro / US dollar, but spreads are offered from 0 pips. The setup of the trading account is done very quickly in a few steps:

Specification of personal data and contact information

Selection of account type, information on trading experience and financial situation

Receipt of access data by e-mail

Verification by uploading the required documents. If all details are correct and matched with the identification document and proof of address, the new client can directly dispose of his trading account.

XM.Com deposit or withdrawal without fees

It is very gratifying for traders when a broker has a high level of transparency regarding the cost structure. XM.Com leaves nothing to be desired. The provider provides a tabular overview of the trading costs and fees for all account models, both for XM.Com cyprus and for the international or australian broker. Further information can be found in the footer of the website and is available in english.

Full coverage of costs for all electronic payment services

Cost absorption for credit card payments

Wire transfers: cost absorption by XM.Com for payments over 200 US dollars

Immediate value date

beware of fees when depositing of withdrawing

As it turns out, XM.Com covers the transaction fees for all deposits and withdrawals by credit card or via an electronic payment service provider. Fees that may be incurred for a bank transfer are borne by the broker, provided the transfer amount is at least 200 US dollars or the equivalent in another currency. The same applies to withdrawals.

Again and again, there are references to the fact that you can also deposit money at XM.Com via western union, but in this case, the broker does not bear the costs. For the cypriot XM.Com, this payment method could not be confirmed. In addition, one searches in vain for paypal at XM.Com. The popular payment service provider charges the recipient not inconsiderable costs and is therefore ignored by many brokers.

XM.Com deposit to trading account

Once the trading account is set up at XM.Com, money must of course be transferred before the first trading activities. The initial deposit is extremely low with the micro and standard accounts at only 5 USD, but micro lots can also be traded with the micro account. Most traders will probably want to start with higher amounts. No matter how much you want to deposit, at XM.Com customers can choose from a wide range of payment methods. Those who want to be able to access their funds immediately will find a wide range of credit cards and ewallets to choose from, but secure bank transfers are also available.

Overview of the payment methods:

Payment by credit card using visa, visa electron, or mastercard

Bank transfer, also international

Neteller and skrill

Unionpay china and other regional payment solutions

Transactions from another trading account

the broker is regulated by international and national authorities

XM.Com also allows payments from a trading account with another broker and allegedly also deposits through western union, a fast, though costly, method. Regional payment solutions are also offered, for example for customers in poland or china.

Everything you need to know about depositing money can be found in the following table:

Method	fees	processing time
credit card	none	instant
bank transfer	none	minimum 2 working days
neteller, skrill etc.	Variable	instant
other national services	variable	variable

Fast and reliable credit card payments

Credit cards are a standard payment method used by most brokers, and this will probably remain so. This is because the practical cards, which used to be an additional service provided by banks and often entailed considerable costs, are now often part of every current account at the direct banks and are often offered at no charge.

This means that customers can use their credit cards to capitalize on their trading account at no extra cost. The processing by the broker is usually done immediately and you can trade directly – very important if you want to take advantage of a promising trend.

Transparency and security in regard to deposits as well as withdrawals

Since forex and CFD brokers usually take good security precautions in their own interest as well and the data transfer is encrypted by SSL, the customer data is usually secure. However, some providers insist on a scan of the credit card before this payment method can be used. As long as the customer can blackout some digits on the card, there are no security concerns. Only when the front and back of the credit card are fully visible, including the security number, may not every user want to use this payment method after all.

The classic bank transfer

Very secure, and not at all cumbersome, is the conventional bank transfer. Particularly in the eurozone or single euro payment area, so-called SEPA transfers are booked within one working day. In addition, however, there is the processing by the broker, so that a value date is usually after 48 hours at the earliest. If you make your bank transfer on a friday, you must of course consider monday as the following working day and expect longer deadlines. It can take longer for international bank transfers.

As a very popular broker, the classic bank transfer is also an opportunity

One of the advantages of SEPA credit transfers is that they are not only very secure but also free of charge, at least if they are made via your own online banking. Users may have to expect costs if the transfer is made at a bank counter or by telephone. And for international transfers, interbank commissions and exchange fees are usually payable. Here ewallets offer a viable alternative.

Skrill, neteller, instant, and many more…

More and more electronic payment solutions offer convenient transactions at favorable conditions. Paypal is regarded as a pioneer of such platforms. The ebay subsidiary owes its origins to the endeavor to develop secure, fast payment procedures for international online trade.

The principle was taken up by other providers so that users all over the world can now choose from a variety of electronic payment service providers. Either one opens an account on the platform, which is capitalized and then used for payment transactions, or one links the ewallet to one’s own current account, from which the paid amounts are then debited.

If any questions arise, the customer support is ready to help

The security measures are generally good and the fees are low. Authorizing payments is usually uncomplicated, customer-friendly and also possible via mobile devices. It is therefore not surprising that more and more brokers are enabling their traders to pay via neteller, skrill, giropay, but also trustly or IMMEDIATELY. The speed of the transaction is comparable to a credit card payment, and even the possible maximum amounts meet the requirements of even very active traders with large trading volumes.

Transactions between two trading accounts

Occasionally, brokers offer the possibility of transferring funds from one trading account to another. If the trader has two different trading accounts with the same broker, such a transaction can be made in the personal client area without any problems. If the other account is held with a different broker, a transfer usually requires a form to be filled out and sent to both brokers. These two brokers will then jointly take care of the transaction. XM.Com also offers this payment method, as is common practice, conversions are made if there are different account currencies.

Not only during registration you might have to fill in a form

Legal requirements for the payment process

Regardless of the choice of payment method, there are not only costs to be considered, but also legal requirements that restrict the possibilities for payments a little. As a rule, the payout must be made via the method chosen for the deposit and cannot exceed the highest deposit amount. Furthermore, no transactions can be made via third parties. The holder of the reference account and the holder of the trading account must be identical. And if you set up a live account as a private trader, you cannot use a corporate or business account for payments, so you cannot use a business credit card.

Regulated by many official institutions

XM.Com payout: everything traders need to know

Before making the first XM.Com withdrawal, the trading account holder must be verified, i.E. Have uploaded or submitted a scan of a valid identification document and a current utility bill as proof of address. The verification department will confirm successful verification. Afterward, the customer can initiate the payout of credits via the “payout” tab in the member area.

Verify your account before trading and making money

As the broker informs, XM.Com is also subject to internationally binding procedures against money laundering and the financing of international crime. Anyone wishing to withdraw money at XM.Com must do so through the same channel through which the deposit was made.

Similarly, all payout orders – regardless of the method chosen – up to the total amount deposited with this method will be executed via the same payment method. Amounts in excess thereof shall be paid out via other payment methods, such as ewallet, or thereafter by bank transfer. The priority procedure for disbursements is also applied if an incorrect disbursement method is selected.

Withdrawal requests are processed within 24 working hours, i.E. Within three working days. However, when a withdrawal request is made, it is immediately visible in the personal customer dashboard. However, all submitted payout requests are immediately visible in the customer’s trading account as pending payouts. Furthermore, the broker will make payouts in the currency of the previous deposit. If this is not identical to the currency of the trading account, a conversion will be carried out, which may be associated with exchange fees under certain circumstances.

All information that you have to consider for withdrawals is given in the following table:

Method	currency	processing time
credit card	according to deposit	within 3 working days
bank transfer	according to deposit	within 3 working days
ewallet	according to deposit	within 3 working days
other local services	according to deposit	within 3 working days

No hidden fees

XM.Com also has to be given credit for the fact that there are no hidden fees with this broker. Traders can already find out on the website about the costs they will have to pay – including inactivity. At XM.Com, the time threshold is ninety calendar days – if a trader has not logged in during this period, for example, all remaining bonuses, promotional credits, and xmps are automatically removed from inactive accounts. For an inactive account, XM.Com charges a monthly fee of 5 euros or US dollars. If the remaining balance on the account is less, the entire balance will be withdrawn.

Rest assured that there are no hidden fees despite favorable trading conditions

Once the trading account is zero, no fees are charged. Such accounts without funds will be archived by the broker after 90 calendar days and cannot be reopened. In this case, the user must create a new live account if trading is to be resumed on XM.Com. All these conditions are clearly communicated on the broker’s website and should not surprise customers who carefully read the available information later.

Conclusion: many payment methods, no fees at XM.Com

XM.Com is a long-established broker with an international clientele and has won numerous awards for services and products. As the test shows, the forex and CFD broker facilitates access to trading with its account models, conditions and educational offers, especially for beginners, but also experienced traders get their money’s worth thanks to the good trading offer and the favorable conditions of the ultra-low account.

Awards show that the service

All conditions and costs are explained on the XM.Com website, which is also available in german. Although the layout of the pages and the findability of some information takes getting used to, the broker’s FAQ answers the most important initial questions. You can also get information about the payment methods, but if you want to find out more details, you have to consult the english version of the website.

It is very pleasant that besides bank transfer and payment by credit card, there are also IMMEDIATELY and ewallets like skrill or neteller available. The minimum deposit at XM.Com is extremely low, only 5 euros or US dollars, only for a bank transfer the threshold is 200 USD. Likewise, the broker also takes over the fees incurred – for deposits and withdrawals.

If you pay by a card or with a wallet, you can immediately dispose of the credit and trade. For a non-binding first impression of all services, you can use the demo account at XM, which is free of charge and unlimited in time. Even if a live account is subsequently opened and capitalized, the demo can still be used to test and optimize your own strategies.