As a regulated broker, XM allows traders to withdraw their funds whenever they like. Here's everything you need to know about XM withdrawal.

XM is a popular regulated broker that has served more than 3 million traders worldwide since 2009. It is known as a popular brokerage firm that offers reliable customer support and various trading instruments to its clients. There are various asset classes to choose from, including currency pairs, energies, precious metals, commodities, CFDs on stocks and equity indices, etc. Additionally, there are many options to access the platform such as via desktop, tablet, and smartphone.

XM Withdrawal

In terms of security, XM is considered top-notch. As a regulated broker, XM broker protects clients' funds with segregated account and allow them to withdraw at any time. The broker even commits to complete the procedure for all withdrawals within 24 hours following the request. Aside from that, there is also a bunch of withdrawal methods to choose from depending on the trader's location. Read further to see the full details.


XM Withdrawal Methods

At XM, you can withdraw your money using the following methods:


1. Bank Transfer

You can withdraw and send the money straight to your specified bank account. The withdrawal request will be processed within 24 hours and the funds should be transferred to your account within 2 to 5 business days. XM covers all transfer fees using this method, so all withdrawals are completely free. Also, there's no limit when it comes to the withdrawal amount. You can withdraw your entire balance as well as the profit that you've earned from the trades.


2. Credit/Debit Cards

XM broker accepts both VISA and Mastercard credit/debit cards for making a deposit. It is a great option to make instant deposits if you don't have online wallets like Skrill. If you have deposited funds by using a credit/debit card, then it is required to use the same card account to withdraw. If you have used multiple ways to deposit, then the priority lies on the withdrawal by card.

By using this method, withdrawal requests should be processed within 24 hours and the funds will be transferred within 1 week to 1 month depending on the card issuer. There is no withdrawal fee for using credit/debit cards. Moreover, it is worth mentioning you won't be able to withdraw larger than what you have deposited. For example, if you deposit $50 and make a $20 profit, then your total balance will be $70. By using a credit/debit card, you can only withdraw the deposit amount, which is $50. You'll need to use another method to withdraw your profits.


3. E-wallets

Lastly, XM allows users to withdraw money using electronic wallets like Skrill and Neteller. E-wallets are great for easy deposits and withdrawals, yet not all brokers support them. The withdrawal request via e-wallets should be processed by the XM team within 24 hours and the funds should be immediately reflected in your account. There is no fee for this method except for withdrawals under $200.


XM Withdrawal Policies

There are several important rules that you should be aware of before making a withdrawal from XM broker, such as:

  • You need to match the deposit and withdrawal methods. In order to comply with the anti-money laundering and terrorism financing policies, XM requires all clients to use the same method for both deposit and withdrawal.
  • The hierarchy of withdrawal methods. If you use multiple ways to make a deposit, then the withdrawal should be made in accordance with the priority list, regardless of the timing of the deposit: credit card, Skrill, and bank transfer.
  • You can only withdraw to accounts that are in your name. Withdrawals can't be done by any third party, so you need to make sure that the account has the same identifications as your XM account.
🌐 Website
💼 Regulation
💲 Min Deposit
Year Established

Personal manager
Segregated accounts
Free education
Trading by phone
Compensation scheme
Negative balance protection
Affiliate program
Copy trading
Wire transfer

XM Group is a group of regulated brokers and it is owned by Trading Point Holdings Ltd. Entities under XM Group have significant experience as financial services providers worldwide.

Trading Point of Financial Instruments Ltd was established in 2009 with headquarters in Limassol, Cyprus, Trading Point of Financial Instruments Pty Ltd was established in 2015 with headquarters in Sydney, Australia, XM Global Limited was established in 2017 with headquarters in Belize and Trading Point MENA Limited was established in 2019 with headquarters in Dubai.

XM Group is regulated by the CySEC (Cyprus Securities and Exchange Commission) - Trading Point of Financial Instruments Ltd, FSC (Financial Services Commission) – XM Global Limited, the ASIC (Australian Securities and Investments Commission) - Trading Point of Financial Instruments Pty Ltd and DFSA (Dubai Financial Services Authority) - Trading Point MENA Limited.

XM is one of the more experienced brokers in the world of online forex trading today. Since its founding, the broker has experienced a lot of changes, including the addition of the Ultra-Low Account and EN Live Edu that is instructed by 16 global experts.

In terms of trading instruments, XM is a well-known diverse class assets provider, varying from Forex, Crypto, Stock CFDs, Turbo Stocks, Commodities, Equity Indices, Precious Metals, Energies, & Shares. XM prides itself to be the ideal broker in trading execution, offering a stat of 99.35% orders to be executed in less than 1 second. Trading in XM would be also provided with a strict no requotes policy, no virtual dealer plug-in, no rejection of orders, real-time market execution, and the choice for traders to place orders online or by phone.

Spreads on all majors can reach as low as 0.6 pips in Ultra-Low Account, while spreads on other accounts usually start from 1 pip.

To protect the client's fund in the event of extreme volatility, XM presents each account type with Negative Balance Protection. Minimum deposit of $5 applies to Standard, Micro, and also Ultra-Low Accounts. Traders who open accounts in XM are enabled a condition similar to a Cent Account environment in the Micro Account, in which the Contract Size for every lot is only 1,000 units. If it is applied with the smallest lot size in the MetaTrader platform which amounts to 0.01, it means that traders can go as small as 10 units per trade.

For the deposit, XM applies zero-fee deposits in most of its available payment methods. Traders can choose to fund or withdraw their accounts via wire transfer, credit card, as well as the most favorable e-payment choices like Skrill, Neteller, and FasaPay.

To give their clients the best experiment in trading, XM has given access to both MT4 and MT5 platforms, each is available for more than 6 display formats (PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android, and Android Tablet).

All in all, there is no doubt that XM has gone global with its deep commitment to providing services in more than 30 different languages across the world. Aside from easing traders' experience with mainstream trading platforms and high-quality trading execution, XM is open to various types of traders, from small capital traders to the more experienced ones with big deposits at the ready. Traders are even provided with a Cent Trading environment should they choose to register under Micro Account.

For their global approach, XM has ensured that traders from various countries could access their service easily. This results in the provision of different domains specified for traders in certain jurisdictions. For example, traders from Indonesia could access XM via this link.


How to Withdraw Money from XM

  1. Head over to the XM website and log in to your account in the "Members Area".
  2. Choose "Withdrawal" or "Withdrawal Funds" from the main menu.
  3. Select your preferred withdrawal method and the account that you wish to withdraw to.
  4. Enter the amount that you want to withdraw. You can also add a short description along with it.
  5. Complete your request.

All in all, XM is a fully regulated broker with a huge client base from all around the world. It offers great trading conditions as well as educational materials for its clients. Deposits and withdrawals are also very simple, making the trading experience even more seamless and smooth. If you have any concerns regarding your account or investments, you can easily look at the FAQ section on the website or contact customer service via live chat, email, or phone.


More than deposit and withdrawal, there are other important aspects to pay attention to when it comes to choosing a good broker. For this broker, you may also need to look further into XM Broker: Pros and Cons That You Need to Know.