The XM forex debit card is a convenient way to make deposits and withdrawals from your trading account. It is powered by Mastercard and works anywhere a Mastercard is accepted. It can be used in stores, online, and even in ATMs. The XM debit card can be used in both US Dollars and Euros, and you can fill up the card’s balance with funds in your trading account. With the XM forex debit card, you have complete control over the funds in your trading account. You can even order a second one if you wish.
The minimum deposit and withdrawal amounts vary by account type. The most common ones are Visa, MasterCard, and Skrill. You can also use a bank wire transfer, which is a popular method of depositing money in the Forex market. XM covers any bank fees associated with this method, as long as you deposit at least $200.
To open an XM account, you must have a valid credit or debit card to make deposits. Then, you must provide your name, residential address, and trading account number. Upon completing this process, you will receive an email from XM notifying you of the funds you’ve deposited.
XM is a reliable broker that has been operating since 2009. Its services are available in more than 196 countries and employs staff in 30 different languages. The broker is also well regulated by CySEC and is licensed in Cyprus. It also has branches in the MENA region and Dubai.
The XM forex debit card accepts several types of payment, including credit/debit cards, electronic wallets, and bank wire transfers. Withdrawals are free of charge, but you will be charged a fee for bank wire transfers below $200. You’ll find that using the XM forex debit card can give you the convenience you’re looking for in a forex trading account.
XM offers multiple payment options, and the debit card is one of the fastest. The company also offers local bank transfer, eliminating conversion charges. XM also offers a range of trading accounts, and its minimum deposit amount varies from five dollars for a Micro Account to one hundred dollars for a Standard Account. However, the minimum deposit amount for each type depends on the payment method and your trading account validation status.
Aside from offering a card with great benefits, XM also offers a host of other advantages. You can get a $30 bonus if you’re a new client, and you won’t have to worry about conversion fees. It also provides a 24/7 online support team that can help you trade.
XM also offers a demo account that allows you to test out different trading strategies without risking too much money. This is a good option if you’re just starting out with Forex trading. XM also allows you to trade with minimal risk by offering a low minimum deposit.