Forex army XM offers a low-priced, micro-lot account for those looking to trade with smaller amounts. These accounts offer lower spreads, starting at 0.6 pips. These accounts also require a minimum deposit of $50. Whether you’re looking to start small or trade large amounts, XM can help you.
Withdrawals from XM can be done through e-wallet or bank wire transfer. The withdrawal process may take two to five business days. Withdrawals must be made in the currency you deposited. In the event of a failure to make a withdrawal, XM will send your funds back to the original funding method.
XM is a Cyprus-based company offering trading services in more than 200 countries. The company is regulated by the Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, and the International Financial Services Commission. Its head office is located in Limassol, Cyprus, but also maintains offices in Sydney and Athens.
XM offers traders access to trade in traditional commodities, metals, energies, and more. It is available in twenty-two languages, and its customer support is available in more than 25 languages. It also offers multiple account types. You can open a standard account, a micro-account, or an XM Zero account. Depending on your country of residence, the type of account you choose will differ.