deposit fundsXM account is easy, but you should pay attention to these 5 key aspects to ensure that your XM deposit runs smoothly。

One of the most important aspects to consider when choosing a broker is the ease of payment。After all, you must always deposit before you start trading。Each broker has a different set of deposit and withdrawal rules, so it is important to understand the system before registering。In this guide, we will explore what you need to know aboutAll information about XM broker to make a deposit。

Why chooseXM？

If you have been a trader for a while, you must be familiar withXM Broker。It is undeniably one of the most popular and trusted trading platforms。However, if you are a newbie then you may want to consider going to a broker。If you are looking for a reliable professional broker with favorable trading conditions, XM may be your first choice。

XM was founded in 2009 as a company called Trading Point of Financial Instruments Ltd..A member of an online brokerage firm。In serving customers globally, the company has been split into XM Australia, XM global and XM Cyprus。Each member has a different head office and licence, XM Australia is registered with the Australian Securities and Investments Commission (reference number: 443670), XM Global is registered with the IFSC (60 / 354 / TS / 19), XM Cyprus is registered with the Cyprus Securities and Exchange Commission (reference number: 120 / 10)。

XM is one of today's experienced brokers in the field of online forex trading。Since its inception, the broker has undergone many changes, including the addition of ultra-low account and webinar features, which are available in 19 different languages, with 35 local instructors in each language。

In terms of trading instruments,XM is a well-known diversified asset provider, including FX, commodities, CFD equity indices, precious metals, energy and equities。XM prides itself on being the ideal broker for trade execution, offering 99.Statistics for 35% of orders executed in less than 1 second。XM Trading will also offer a strict no-re-quote policy, no virtual trader plug-ins, no reject orders, real-time market execution, and the option for traders to place orders online or over the phone.。

In ultra-low accounts, spreads across all major accounts can be as low as0.6 pips, while spreads on other accounts usually start at 1 pip。XM did not provide maximum leverage in a ratio of 1: 500 or 1: 1000 (whole numbers), but chose to limit its leverage to a ratio of 1: 888, a unique number that is now widely regarded as a trademark of XM。

In order to protect the client's funds in case of extreme volatility,XM provides negative balance protection for each account type。Small sum standardDeposits from quasi-accountsFrom $5,And ultra-low accounts require a minimum deposit.50美元。Traders who open accounts in XM are enabled with a condition similar to the Cent account environment in small accounts, in which the contract size per lot is only 1,000 units。If it is the smallest batch in the MetaTrader platform (0.01) Applied, which means that traders can trade as few as 10 units per trade。

For deposits,XM applies zero-fee deposits in most of its available payment methods。Traders can choose to fund or withdraw money from their accounts through wire transfers, credit cards, and the best electronic payment methods such as Skrill, Neteller, and FasaPay.。

XM also has an Islamic account for Islamic law-abiding Muslim traders, which prohibits the use of interest earned on overnight swaps for each currency pair.。In order to provide customers with the best trading experience, XM allows them to access the MT4 and MT5 platforms, each with more than 6 display formats (PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android and Android tablets).。

All in all, no doubt,XM has gone global and is committed to providing trading services in more than 15 languages worldwide.。In addition to easing the trader's experience with mainstream trading platforms and high-quality trade execution, XM is also open to all types of traders, from small capital traders to more experienced traders ready for large deposits.。Traders can even get a Cent trading environment if they choose to register under a micro account。

for their global approach,XM ensures that traders from different countries can easily access their services。This has resulted in different domain names for traders in some jurisdictions。For example, traders from Indonesia can access via this linkXM。

Now that you haveXM broker has enough description, then let's talk about the most important things to ensure a successful deposit in the broker。

1.XM Account Base Currency

Essentially, you can deposit in any currency。It will useXM interbank prices are automatically converted to your account's base currency。Like most top brokers, XM accounts have several basic currencies。The base currency is basically the currency you use to trade and deposit money.。This allows traders to trade across the globe。

Following isXM provides the basic currency:

USDDollars

EUR

GBP Pound Sterling

JPY Japanese Yen

CHF CHF

AUD AUD

HUF Hungarian Forint

PLN Polish Zloty

RUB Russian Ruble

SGD Singapore Dollar

ZAR South African Rand

 

A variety of options allows you to find the best option that suits your preferences and preferences。However, please note that the availability of these currencies depends on your location and the type of account you use。Here are the details:

对于Standard and Micro accounts with a minimum deposit of $5。

For ultra-low trading accounts, the minimum deposit amount is50美元。

For stock accounts, the minimum deposit is10000 美元。

As for the cost,All deposits of XM are free。XM basically covers all transfer fees paid by credit card and most e-wallets, so you don't have to pay anything other than the additional fees that banks or third-party service providers may charge。In addition to this, any deposit over $200 by bank transfer is also included in the zero fee policy.。

2.XMAvailable payment methods

XM offers a wide range of payment methods for deposits。The choice depends on the country you live in, and each method has different rules to consider。

bank wire transfer

Bank wire transfer may be the most common payment method in forex trading。This method is suitable for traders around the world, but the processing time is slightly longer compared to other options。Not to mention that it may take about two to five working days to deposit money by bank transfer.。

Credit Card/ Debit Card

XM accepts Visa, Visa Electron, MasterCard and Maestro cards。This method works for all traders around the world and is popular because most people have debit or credit cards。Processing time is several hours。However, keep in mind that most credit cards have a limit, so the deposit amount is also limited。

electronic wallet

For e-wallets,XM accepts Neteller, Skrill, UnionPay and WebMoney。In addition to UnionPay, which usually takes up to 24 hours to process, all e-wallets can process deposits instantly。

Other Payment Options

There are other options such as Western Union and MoneyGram, but these will depend on your location。You can refer to the broker's website to see what local methods and local bank transfers are available in your area。

3.XMMinimum margin and margin

When making a deposit, you should pay attention to the minimum amount required。It is important to know that inIn XM broker, the minimum deposit depends on the type of account you use, not the payment method。Here are the details:

对于Standard and Micro accounts with a minimum deposit of $5。

For ultra-low trading accounts, the minimum deposit amount is50美元。

For stock accounts, the minimum deposit is10000 美元。

4.XM Deposit Bonus

To encourage new traders,XM brokers offers a bonus system that basically rewards extra money into your account。You can get a $30 no-deposit bonus or another amount depending on which region you're from by opening a new account。

Broker Bonus $10,000 Trading Points Bonus Summer Cash Return Event 100% Welcome Trading Bonus $50 Registration No.

Keep in mind that the deposit bonus is not withdrawable, so you will not be able to withdraw it if you do not trade first。Once you make a profit from the trade, all the proceeds will belong to you and you can withdraw them at any time.。

5.How to deposit in XM

Follow the step-by-step guide below inXM Deposits:

RegisterXM and set up a live trading account if you haven't already。Just visit the broker's website and follow the instructions to register。You'll also need to verify your identity, so make sure you have all the documents you need to verify your account。

Log in to your account and go to the deposit page。

Choose your preferred financing method and read the requirements。

Enter amount to deposit and specify currency。Before proceeding, make sure to check for additional charges。

Complete the transaction。

The money will be transferred to your account as soon as possible。Depending on the method you choose, the money will show up in a few minutes to a few business days。After successful transfer of funds, you will receiveXM's Receipt。

In addition to deposit conditions, there are other factors to consider when reviewing a good broker。For further examinationXM, you can thoroughly check their advantages and disadvantages。