XM Withdrawal Step By Step ☑️ (Updated 2024) (2024)

FAQs

How do you withdraw from XM? ›

When you deposit funds through bank transfer, they should be reflected in your account within 5 working days after the transfer. XM can accept all the currencies such as USD, EUR or GBP tradable within its system for deposit through bank transfer.

XM will complete the withdrawal procedure within 24 hours after your request. The time required until you receive the funds will be dependent of the ways. It willl be; 1 week to 1 month by the credit card/debit card, 2 to 5 working days by bank transfer after the XM's withdrawal procedure.

So, the 30 USD XM no deposit bonus is essentially a free credit provided by XM broker to new clients. This bonus is not withdrawable, but traders can use it to start trading and any profits made from this bonus can be withdrawn.

Using Credit/Debit Card to Withdraw Funds from XM Account

Navigate to the Withdrawal section. Select "Credit/Debit Card" as the withdrawal method. Enter the amount you wish to withdraw. Provide your card details, including the card number, expiry date, and CVV code.

Electronic payment systems withdrawals (like Skrill, Perfect Money, etc.) should be credited immediately, but sometimes may take up to 30 minutes. In case you withdraw to your card, please, be reminded that on average it takes 3-4 business days for the funds to be credited.

Selecting the Withdrawal Method

Choose Withdrawal Method: HFM typically offers multiple withdrawal methods. Common options include bank transfers, wire transfers, and other electronic payment methods. Select the withdrawal method that aligns with your preferences and meets the platform's requirements.

HFM does not charge any fees on withdrawal requests.

XM's procedure and time to show funds arrival after withdrawal claim. Your withdrawal request is processed by our back office within 24 hours. You will receive your money on the same day for payments made via e-wallet, while for payments by bank wire or credit/debit card it usually takes 2 - 5 business days.

Is XM deposit instant? ›

Instant Funding

All our electronic deposit methods, including credit cards as well as electronic wallets, are 100% automatically processed and funds reflect in clients' accounts automatically. Open a trading account with Zero Fees Now!

You cannot withdraw the base deposit bonus amount, however, you can withdraw the profits generated from using the bonus in trading. Margin trading is also allowed using the XM broker deposit bonus.

XM's account opening procedure requires only about 5 minutes. Subsequent validation of the account takes about 30 minutes to 1 working day in the shortest case after you submit the necessary certificates.

Additionally, XM does not charge any fees for deposits, making it convenient for traders to fund their accounts. However, it is important to note that XM may charge a dormant account fee of $5 per month if there is no activity on your account for 90 days or more.

Profits from trading on No Deposit Trading Bonus Accounts may be withdrawn anytime, provided that the trading volume in the relevant real trading Account reaches at least 10 micro lots ( 0,1 standard lots ), and provided that at least 5 round turn trades have been completed.

Does XM charge withdrawal fees? No withdrawal fee is charged, except for bank withdrawals below $200 /ZAR 3000 which incurs a $15 /ZAR 225 fee.

Regulation - XM is authorized and regulated by top regulators like FCA, ASIC and CySEC who actively monitor XM for compliance. This level of oversight is not possible with scam brokers. Segregated accounts - XM holds client funds in segregated bank accounts at tier-1 banks.