Withdraw XM money from your account is easy and fast. All you need to do is go to the “Withdraw” section of the website, select your preferred withdrawal method and follow the instructions.
The online broker XM offers a wide range of withdrawal options: using multiple credit cards, multiple electronic payment methods, and also bank transfers.
XM has been around since 2009 and is one of the most popular providers of online trading services in the world. They offer a wide range of withdrawal options to their customers.
Withdraw XM Process
XM broker in order to comply with all current regulations, will only process the withdrawal back to the original deposit as explained below:
- Credit / debit card withdrawals will be processed through this channel up to the total amount deposited.
- Withdrawals to e-wallets will be processed once all credit / debit card deposits have been refunded.
- All other methods, such as wire transfer withdrawals, can be used when all of the above options have been exhausted.
Withdrawal requests are completed within 24 business hours.
In case you select an incorrect withdrawal method, the request will be processed according to the XM withdrawal process described above.
Withdrawal requests are processed in the currency in which the deposit was originally made. In the event that the deposit currency differs from the transfer currency, the transfer amount will be converted by XM to the transfer currency at the current exchange rate.
Withdraw XM Process FAQs
Can I withdraw XM my money whenever I want?
In order to withdraw your money from XM, the only requirement is that your trading account must be validated. That is, you must have uploaded your identity documents and proof of residence, and XM must have validated them.
How long does it take to receive my money after making a withdrawal request?
Your withdrawal request is processed within 24 hours.
Your money will arrive the same day for payments made through the electronic wallet, while for payments by bank transfer or credit / debit card it usually takes 2 to 5 business days.
Is there a fee to withdraw XM my money?
The online broker XM does not charge any commission for withdraw.
For example, if you deposit $ 200 per credit card and then withdraw $ 200, your credit card will show the amount of $ 200.
Can I transfer funds to the account of a friend or family member?
No, this is not possible. The withdrawal has to go back to the source where the deposit was made.
Is it possible to transfer money between my trading accounts?
This is possible only if both accounts have been opened in your name and both trading accounts have been validated.
This is done in the Members Area and is processed instantly.
Trade Responsibly: Derivative products are highly leveraged, carry a high level of risk and are not suitable for all investors.
