When you sign up for an XM forex account, you can choose to pay with your debit or credit card. You can also pay with an e-wallet, and the company covers all transaction fees. They accept Visa, MasterCard, Maestro, Neteller, and Skrill. Alternatively, you can pay by bank wire. When you use this method of payment, you can be sure that XM will cover the wire transfer fees for transactions worth over $200.
As a regulated broker, XM offers customer support in more than 25 languages, and they are a reliable company. Several financial regulators also scrutinize their internal workings. To be sure that your funds are in safe hands, you can use an XM forex card. These cards give you easy access to your trading funds at any time.
Another great feature of XM’s debit card is that it’s compatible with MasterCard, so you can use it anywhere you use MasterCard. It can also be used to withdraw cash at ATMs. You can also load the card with euros and US dollars. You can also add money to your card from your trading account. This way, you have complete control over your money. You can also have multiple debit cards for different uses.
The XM forex card is free to use and can be linked with any trading account you open. The minimum deposit is $2000. Additional cards can be purchased for $10 each. It’s easy to link your card to your MT4 trading account. Using an XM forex card is a great way to avoid a fee from your brokerage.
Withdrawal fees are generally small, and you can withdraw up to $200 at a time. Withdrawals can take two to five business days, depending on which bank you choose to use. Most withdrawals are processed quickly with XM, but bank withdrawal requests can take longer. You can also get a refund if your money is lost or stolen.
Withdrawal requests are processed quickly by the XM Accounting team. Depending on where you live, it may take anywhere from a few days to a few weeks. Withdrawals over $200 are processed by wire transfer. Withdrawals under $100 are instant, and the withdrawal amount is listed in your ‘Members Area’.
XM also accepts a variety of payment methods. Deposits can be made through bank wire, e-wallets, and credit debit cards. Unlike many brokers, XM covers the fees associated with wire transfers. In addition, the company doesn’t charge for payments using your card.
If you’re looking for a secure and convenient way to trade, XM forex card is a smart option. The company protects its clients’ funds by offering negative balance protection, which means you can lose no more than what you’ve deposited. If you’re new to forex trading, an XM forex card is a great way to get started.