There are several different withdrawal options that you can use to withdraw your money from your account. You’ll want to look at all of these and decide which is best for you. Whether you’re looking for a reputable service or want to try something new, you’ll find that options can meet your needs.
Customer support
XM customer support is available in many languages, with a native-speaking rep in most major markets. The company’s websites feature multi-factor authentication and encryption technology. For the geekier among you, there is a complimentary VPS for those with a balance of over five thousand dollars.
There is a lot to be said about XM’s customer service, which is why the firm is a popular choice for new and seasoned traders. However, while the firm provides stellar service, a few caveats can be found if you are not careful. A few niggles are the minimum deposit requirement and the sexiest withdrawal method, a bank wire, is not allowed in all jurisdictions.
Spreads
XM is a reputable retail broker with a strong track record and a wide range of assets. They offer CFDs, Forex, Shares, and Commodities. In addition, their website provides a wealth of information about the markets, the trading industry, and financial news. There are also educational videos, webinars, and other tools to help clients make educated decisions.
As a regulated brokerage, XM is subject to strict compliance regulations. For example, the broker has to maintain a minimum capital level, segregate client funds from its own, and provide periodic financial statements. Aside from the regulatory regime, XM’s track record includes numerous international awards.
XM offers flexible account types, which include a Zero account and an Ultra-Low account. The XM Zero account is a no-risk option with a 0.1-pip spread on the USD/EUR pair. Also available is a Micro version with a 1.6-pip space.
Leverage
Leverage withdrawal XM depends on the financial instrument, the account type, and the entity’s regulatory restrictions. It can be obtained as a bonus proportional to the initial deposit amount.
The XM customer support desk is available in several languages. Several international locations offer 24-hour service. Clients can also enjoy live chat. XM offers a free VPS for those with a balance of at least USD 5,000.
XM offers a range of accounts to suit various needs. These include Standard and Micro versions best suited for novice traders. There is also a Zero account, which is an ECN-like account.
Fees for keeping positions open overnight.
There are various reasons why you would want to keep your positions open overnight. These fees are also called holding fees. The bank calculates them on the place you hold overnight. This may eat into your profits. You can avoid them by signing up with a swap-free broker.
XM is a popular and trusted global broker. It offers a wide selection of assets, commodities, and forex. In addition, traders can choose from standard, micro, and ultra-low accounts.
XM is regulated in multiple jurisdictions. For example, several of its entities are regulated by the Cyprus Securities and Exchange Commission (CySec) or the Australian Securities and Investments Commission (ASIC). Besides, XM’s customer support is available in over 30 languages and is accessible on a wide variety of devices.
Research tools
If you are interested in the Forex industry, then XM is an intelligent place to start. It offers various instruments, from forex to futures and commodities, with low commissions and spreads. The company is a leader in the field, with a large client base and extensive research tools.
XM has over 2.5 million clients worldwide. It has been in business for a long time and has a solid regulatory standing. XM also has a good reputation for security. XM is a member of the Investor Compensation Fund.
XM has excellent customer service. They offer live webinars and regular seminars. Customers can get answers to their questions and receive support in more than 30 languages. XM also provides educational resources and news.
Loyalty program
XM offers its customers a wide range of incentives and rewards. Among these are the XM Loyalty Program and a plethora of bonuses. The XM Loyalty Program is a point system where clients are rewarded with XM Points (XMP) based on their trading activity.
Unlike many other online Forex and CFD brokers, XM does not charge its clients fees. Moreover, XM promises to complete withdrawals in as little as 24 hours so that you can get your money back in no time.
The XM Loyalty Program also allows you to win extra cash prizes. For instance, you can get up to a $500 deposit bonus. This is an excellent way to increase your trading capital and an incentive for traders to continue making deposits.
