XM Minimum Deposit Guide (2021), forex xm funding.

Forex xm funding


We will look at the minimum deposit for XM by funding method and account type to make sure that we cover all traders.

Top-3 forex bonuses


XM Minimum Deposit Guide (2021), forex xm funding.


XM Minimum Deposit Guide (2021), forex xm funding.


XM Minimum Deposit Guide (2021), forex xm funding.

Finally, the XM shares account which focuses on shares trading is available only within the XM global market regulatory area and with a $10,000 minimum deposit.


XM minimum deposit guide (2021)


XM Minimum Deposit Guide (2021), forex xm funding.


Trading with a top forex broker like XM is a forward step in the trading career of anyone looking to break into the sector.


Our XM review details exactly what is on offer with this broker providing extensive access to a wide range of markets.


Here we will take a closer look at the financial side of things.


The XM minimum deposit to be exact.


This is something which can certainly influence how you trade so it is well worth noting.


We will look at the minimum deposit for XM by funding method and account type to make sure that we cover all traders.


Table of contents

69.75% of retail CFD accounts lose money


XM account base currency


As with most top brokers, XM accounts are available with many several base currencies. The XM base currency is the one that you trade with and effectively depends upon which account and regulatory type you fall under.


If you have an XM standard or micro account, you can look forward to choosing every major currency as your XM base currency. Also included are PLN and HUF as other options as well as ZAR and SGD.


Russian RUB is available only if you are located outside of cysec and FCA regulatory areas.


If you are an XM zero account holder, you can access USD or EUR as base currencies with JPY available under global market regulation.


XM ultra-low account holders can select between five base currencies. These are EUR, USD, GBP, AUD, and CHF.


If you are an XM shares account holder, USD only is available for trading with.


XM funding and deposit methods


Again there is a range of XM deposit methods available to traders. These will depend on the country in which you live and not the regulatory jurisdiction you fall under.


Wondering for example if you can make a minimum deposit in ZAR?


The answer is yes, you can deposit in any currency, this includes ZAR. These funds will then simply be converted into your base currency for trading on your account.


Wire transfer


XM deposit by wire transfer is, of course, available and widely used. This funding method is available to traders worldwide and there is an minimum deposit of $60 in place here.


With that said, you will incur a fee if the wire transfer you make falls below $200. If the deposit is above this amount, then not only will XM waive any fees they charge, they will also cover any fee you would usually incur from your own bank side. Therefore, although it is not explicitly required, it is in your best interest to deposit more than $200.


Credit cards


Credit card deposits are available through both visa and mastercard at XM. These are accessible to traders around the world with a minimum deposit amount of just $5.


There are no fees associated from the broker side, but again if your financial provider does levy a fee, this will be covered for anything over a $200 deposit by XM.


Ewallet


Again, the minimum XM deposit through an ewallet is only $5. This can be made through neteller, skrill, perfect money, or a host of others dependent upon your country. At this time XM paypal deposits are not available.


Cryptocurrency deposit in the form of bitcoin is available but again this will depend on your location to determine if this option is open to you or not. There are no fees from the broker side for deposits through these methods.


Other XM deposit options


Other XM deposit options available include both western union and moneygram although these will depend on your location and fees may be applied for these services although not from the broker side.


Various local methods and local bank transfer deposits may also be open to you depending on your area. These minimum deposits will vary.


69.75% of retail CFD accounts lose money


XM minimum deposits


As with most low deposit forex brokers, beyond the funding methods, the XM broker minimum deposits may also depend on the account type you are holding. Here is a rundown of what to expect depending upon the account type you have.


Standard account


The XM standard account is available under every jurisdiction and with a very good value $5 being the minimum deposit here, it is easy to see why many choose to trade with it.


Islamic accounts are also available if you should require them.


Micro account


Again, the XM minimum deposit on their micro accounts is suitably small at just $5. These accounts facilitate trading in micro lots at excellent rates and are available to all traders in every regulatory area. Islamic traders are also catered for.


XM zero account


Changing things up slightly, we arrive at the XM zero account. This account type is available under cysec, FCA, and most of the countries regulated under the XM global market regulatory framework.


The spreads here are unbeatable starting at 0 pips although commissions are charged on trading. The XM minimum deposit for trading on these accounts is still just $100. This represents good value since you can also have access to your own VPS. Again islamic, shariah law compliant accounts are available.


Ultra low account


This XM low spread account type is available to traders based in australia and within the XM global market regulatory framework. This account comes with extra low spreads and no commission to worry about.


The minimum deposit on this account type is $50.


Shares account


Finally, the XM shares account which focuses on shares trading is available only within the XM global market regulatory area and with a $10,000 minimum deposit.


Related guides:


69.75% of retail CFD accounts lose money


Deposit bonus


XM bonus amounts and XM deposit bonuses are available though not to those regulated under cysec or FCA rules. Also, although you can receive bonuses under certain circumstances with XM, the bonus amounts themselves are typically not eligible to withdraw, though any profits derived from them usually are.


XM Minimum Deposit Guide (2021), forex xm funding.


No deposit bonus


Unlike many brokers, an XM no deposit bonus is available. This means you can effectively start trading without any real money. While you cannot withdraw the bonus funds, you can withdraw any profits made from them.


This XM bonus amount is in the form of a $30 welcome bonus or the equivalent amount based on your account.


XM bonus program


An XM bonus program is in place. This program provides for a 50% deposit bonus up to $500 and then a further 20% deposit bonus on amounts up to $4500. This can be redeemed through trading with the broker. The only exception with this is that it is not available with XM ultra-low accounts.


69.75% of retail CFD accounts lose money



Members area access


Use your MT4/MT5 real account number and password to log in to the members area.


New to XM?






© 2021 XM is a trading name of trading point holdings ltd. All rights reserved. | privacy policy | cookie policy | terms and conditions



Legal: this website is operated by trading point of financial instruments limited with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.


Trading point holdings ltd is the holding company of trading point of financial instruments limited, XM global limited, trading point of financial instruments UK limited, trading point of financial instruments pty ltd, trading point MENA limited.


Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (licence number: 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (000261/106).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).


Risk warning: forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.


Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.


We are using cookies to give you the best experience on our website. Read more or change your cookie settings.


Risk warning: your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our risk disclosure.


This website uses cookies


By clicking “continue”, you agree to the default cookie settings on our website.


XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.


Read more, or change your cookie settings.




What are cookies?


Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.


Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.


We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.


Why are cookies useful?


We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.


Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.


In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.


Here is an overview of some of the functions our cookies provide us with:



  • Verifying your identity and detecting the country you are currently visiting from

  • Checking browser type and device

  • Tracking which site the user was referred from

  • Allowing third parties to customize content accordingly



This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.


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Stop trading small accounts


The world’s best subscriptions based FX trading solution. Fundisus provides all participants with funded accounts to access the spot market.


Who are we?


Fundisus is a revolutionary proprietary trading solution. Fundisus has years of industry knowledge and makes use of cutting-edge proprietary trading techology; thus, we are on active trading firm which understands the needs of traders in the market.


We offer $50,000 to start trading forex market with


Traders are compensated on a profit split basis only.


Our funded accounts are EA compatible


Fundisus

Let us tell you more


Your personal liability is limited to your subscription payment.


As all funding is provided by the firm, traders do not risk any of their own trading capital. Even if losses are incurred, the firm will still bear the costs. There are no other trading accounts available that offer this trading opportunity. Use a real account instead of a practice trading account. Preserve your own capital when speculating in FX trading.


Why choose fundisus?


Anyone can trade forex with a capital now.


4 easy steps


Data collection

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Guaranteed ROI

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Always online

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All professional traders start with a $50K trading book, regardless of their background, experience or track record. We give all our traders an equal opportunity to prove themselves as a profitable trader, or have artificial intelligence trading software manage their account hands-free. Profit withdrawals of 5% blocks are independent from the growth targets of 10%.


If you can make a 10% return on your $50K trading book – growing your account to $55k – we will double your initial funding to $100k, or $105k net. The 10% amount of $5k must be maintained in the account and may not be withdrawn. This is independent of any 5% profit withdrawals. Traders have to separately maintain the 10% for the growth target.


If you can make another 10% return on your $100K trading book – growing your account to $115k net – then we will double your account value once again, up to $200k, or $215k net. Again, the $15k amount must be kept in the account.


For the final stage, you must make 10% once again on your $200K trading book, giving you a net of $235k. If you can succeed here we will allocate $1million to you and you will have the opportunity to interview for a fund manager position.



FOREX.Com vs XM group 2021


Is FOREX.Com better than XM group? After testing 27 of the best forex brokers over five months, FOREX.Com is better than XM group. FOREX.Com delivers an excellent trading experience for forex and cfds traders across the globe. With competitive pricing, full-feature trading platforms, comprehensive market research, and a robust mobile app, FOREX.Com caters to traders of all experience levels.


Select brokers keyboard_arrow_down


Overall rating


feature FOREX.Com XM group
overall 4.5 4
commissions & fees 3.5 4
offering of investments 5 4
platforms & tools 4.5 4
mobile trading 4.5 4
research 4 4.5
education 4 4.5
trust score 93 84
FOREX.Com review XM group review
winner check_circle
79% of retail CFD accounts lose money 77.55% of retail CFD accounts lose money

Regulation


Tier-1 licenses (high trust)


Investments


Funding


Trading platforms


Trading tools


Mobile trading


Research


Education


Major forex pairs


Overall


feature FOREX.Com XM group
overall 4.5 4
commissions & fees 3.5 4
offering of investments 5 4
platforms & tools 4.5 4
mobile trading 4.5 4
research 4 4.5
education 4 4.5
trust score 93 84
FOREX.Com review XM group review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare FOREX.Com vs XM group.


Does FOREX.Com or XM group offer lower pricing?
Comparing the trading costs of forex and cfds is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, XM group offers better pricing overall for traders.


Is FOREX.Com or XM group safer for forex and cfds trading?
At forexbrokers.Com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. FOREX.Com holds 4 global tier-1 licenses, while XM group holds 2. XM group holds 2 global tier-2 licenses, while FOREX.Com holds 0. All regulators considered, FOREX.Com has a trust score of 93.00, while XM group's trust score is 84.00.


Which trading platform is better: FOREX.Com or XM group?
To compare the trading platforms of both FOREX.Com and XM group, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FOREX.Com offers a better experience. With research, XM group offers superior market research. Finally, we found FOREX.Com to provide better mobile trading apps.


What about metatrader and copy trading?
For forex and cfds traders, copy trading and metatrader are both popular platform options. While XM group offers copy trading, FOREX.Com does not. Both FOREX.Com and XM group offer metatrader 4 (MT4).


How many forex pairs and cfds are available to trade?
FOREX.Com provides traders 91 currency pairs (e.G., EUR/USD) compared to XM group's 57 available pairs. Forex pairs aside, FOREX.Com offers traders access to 4500 cfds while XM group has 1273 available cfds, a difference of 3,227.


Overall winner: FOREX.Com



Trading cfds, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading cfds with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how cfds, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The forexbrokers.Com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.


The names, products, services, branding/logos, and other trademarks or images featured or cited within this website (www.Forexbrokers.Com) are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with forexbrokers.Com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses forexbrokers.Com or any of its reviews, products, or services. Forexbrokers.Com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.


Advertiser disclosure: forexbrokers.Com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. How do we make money? Our partners compensate us through paid advertising. While partners may pay to provide offers or be featured, e.G. Exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Here is a list of our partners.


Disclaimer: it is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While forexbrokers.Com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by forexbrokers.Com, nor shall it bias our reviews, analysis, and opinions. Please see our general disclaimers for more information.


XM Minimum Deposit Guide (2021), forex xm funding.
XM Minimum Deposit Guide (2021), forex xm funding.


XM Minimum Deposit Guide (2021), forex xm funding.


© 2021 reink media group LLC.
All rights reserved.



FOREX.Com vs XM group 2021


Is FOREX.Com better than XM group? After testing 27 of the best forex brokers over five months, FOREX.Com is better than XM group. FOREX.Com delivers an excellent trading experience for forex and cfds traders across the globe. With competitive pricing, full-feature trading platforms, comprehensive market research, and a robust mobile app, FOREX.Com caters to traders of all experience levels.


Select brokers keyboard_arrow_down


Overall rating


feature FOREX.Com XM group
overall 4.5 4
commissions & fees 3.5 4
offering of investments 5 4
platforms & tools 4.5 4
mobile trading 4.5 4
research 4 4.5
education 4 4.5
trust score 93 84
FOREX.Com review XM group review
winner check_circle
79% of retail CFD accounts lose money 77.55% of retail CFD accounts lose money

Regulation


Tier-1 licenses (high trust)


Investments


Funding


Trading platforms


Trading tools


Mobile trading


Research


Education


Major forex pairs


Overall


feature FOREX.Com XM group
overall 4.5 4
commissions & fees 3.5 4
offering of investments 5 4
platforms & tools 4.5 4
mobile trading 4.5 4
research 4 4.5
education 4 4.5
trust score 93 84
FOREX.Com review XM group review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare FOREX.Com vs XM group.


Does FOREX.Com or XM group offer lower pricing?
Comparing the trading costs of forex and cfds is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, XM group offers better pricing overall for traders.


Is FOREX.Com or XM group safer for forex and cfds trading?
At forexbrokers.Com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. FOREX.Com holds 4 global tier-1 licenses, while XM group holds 2. XM group holds 2 global tier-2 licenses, while FOREX.Com holds 0. All regulators considered, FOREX.Com has a trust score of 93.00, while XM group's trust score is 84.00.


Which trading platform is better: FOREX.Com or XM group?
To compare the trading platforms of both FOREX.Com and XM group, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FOREX.Com offers a better experience. With research, XM group offers superior market research. Finally, we found FOREX.Com to provide better mobile trading apps.


What about metatrader and copy trading?
For forex and cfds traders, copy trading and metatrader are both popular platform options. While XM group offers copy trading, FOREX.Com does not. Both FOREX.Com and XM group offer metatrader 4 (MT4).


How many forex pairs and cfds are available to trade?
FOREX.Com provides traders 91 currency pairs (e.G., EUR/USD) compared to XM group's 57 available pairs. Forex pairs aside, FOREX.Com offers traders access to 4500 cfds while XM group has 1273 available cfds, a difference of 3,227.


Overall winner: FOREX.Com



Trading cfds, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading cfds with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how cfds, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The forexbrokers.Com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.


The names, products, services, branding/logos, and other trademarks or images featured or cited within this website (www.Forexbrokers.Com) are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with forexbrokers.Com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses forexbrokers.Com or any of its reviews, products, or services. Forexbrokers.Com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.


Advertiser disclosure: forexbrokers.Com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. How do we make money? Our partners compensate us through paid advertising. While partners may pay to provide offers or be featured, e.G. Exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Here is a list of our partners.


Disclaimer: it is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While forexbrokers.Com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by forexbrokers.Com, nor shall it bias our reviews, analysis, and opinions. Please see our general disclaimers for more information.


XM Minimum Deposit Guide (2021), forex xm funding.
XM Minimum Deposit Guide (2021), forex xm funding.


XM Minimum Deposit Guide (2021), forex xm funding.


© 2021 reink media group LLC.
All rights reserved.



Members area access


Use your MT4/MT5 real account number and password to log in to the members area.


New to XM?






© 2021 XM is a trading name of trading point holdings ltd. All rights reserved. | privacy policy | cookie policy | terms and conditions



Legal: this website is operated by trading point of financial instruments limited with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.


Trading point holdings ltd is the holding company of trading point of financial instruments limited, XM global limited, trading point of financial instruments UK limited, trading point of financial instruments pty ltd, trading point MENA limited.


Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (licence number: 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (000261/106).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).


Risk warning: forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.


Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.


We are using cookies to give you the best experience on our website. Read more or change your cookie settings.


Risk warning: your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our risk disclosure.


This website uses cookies


By clicking “continue”, you agree to the default cookie settings on our website.


XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.


Read more, or change your cookie settings.




What are cookies?


Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.


Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.


We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.


Why are cookies useful?


We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.


Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.


In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.


Here is an overview of some of the functions our cookies provide us with:



  • Verifying your identity and detecting the country you are currently visiting from

  • Checking browser type and device

  • Tracking which site the user was referred from

  • Allowing third parties to customize content accordingly



This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.


Change settings


Please select which types of cookies you want to be stored on your device.



XM minimum deposit guide (2021)


XM Minimum Deposit Guide (2021), forex xm funding.


Trading with a top forex broker like XM is a forward step in the trading career of anyone looking to break into the sector.


Our XM review details exactly what is on offer with this broker providing extensive access to a wide range of markets.


Here we will take a closer look at the financial side of things.


The XM minimum deposit to be exact.


This is something which can certainly influence how you trade so it is well worth noting.


We will look at the minimum deposit for XM by funding method and account type to make sure that we cover all traders.


Table of contents

69.75% of retail CFD accounts lose money


XM account base currency


As with most top brokers, XM accounts are available with many several base currencies. The XM base currency is the one that you trade with and effectively depends upon which account and regulatory type you fall under.


If you have an XM standard or micro account, you can look forward to choosing every major currency as your XM base currency. Also included are PLN and HUF as other options as well as ZAR and SGD.


Russian RUB is available only if you are located outside of cysec and FCA regulatory areas.


If you are an XM zero account holder, you can access USD or EUR as base currencies with JPY available under global market regulation.


XM ultra-low account holders can select between five base currencies. These are EUR, USD, GBP, AUD, and CHF.


If you are an XM shares account holder, USD only is available for trading with.


XM funding and deposit methods


Again there is a range of XM deposit methods available to traders. These will depend on the country in which you live and not the regulatory jurisdiction you fall under.


Wondering for example if you can make a minimum deposit in ZAR?


The answer is yes, you can deposit in any currency, this includes ZAR. These funds will then simply be converted into your base currency for trading on your account.


Wire transfer


XM deposit by wire transfer is, of course, available and widely used. This funding method is available to traders worldwide and there is an minimum deposit of $60 in place here.


With that said, you will incur a fee if the wire transfer you make falls below $200. If the deposit is above this amount, then not only will XM waive any fees they charge, they will also cover any fee you would usually incur from your own bank side. Therefore, although it is not explicitly required, it is in your best interest to deposit more than $200.


Credit cards


Credit card deposits are available through both visa and mastercard at XM. These are accessible to traders around the world with a minimum deposit amount of just $5.


There are no fees associated from the broker side, but again if your financial provider does levy a fee, this will be covered for anything over a $200 deposit by XM.


Ewallet


Again, the minimum XM deposit through an ewallet is only $5. This can be made through neteller, skrill, perfect money, or a host of others dependent upon your country. At this time XM paypal deposits are not available.


Cryptocurrency deposit in the form of bitcoin is available but again this will depend on your location to determine if this option is open to you or not. There are no fees from the broker side for deposits through these methods.


Other XM deposit options


Other XM deposit options available include both western union and moneygram although these will depend on your location and fees may be applied for these services although not from the broker side.


Various local methods and local bank transfer deposits may also be open to you depending on your area. These minimum deposits will vary.


69.75% of retail CFD accounts lose money


XM minimum deposits


As with most low deposit forex brokers, beyond the funding methods, the XM broker minimum deposits may also depend on the account type you are holding. Here is a rundown of what to expect depending upon the account type you have.


Standard account


The XM standard account is available under every jurisdiction and with a very good value $5 being the minimum deposit here, it is easy to see why many choose to trade with it.


Islamic accounts are also available if you should require them.


Micro account


Again, the XM minimum deposit on their micro accounts is suitably small at just $5. These accounts facilitate trading in micro lots at excellent rates and are available to all traders in every regulatory area. Islamic traders are also catered for.


XM zero account


Changing things up slightly, we arrive at the XM zero account. This account type is available under cysec, FCA, and most of the countries regulated under the XM global market regulatory framework.


The spreads here are unbeatable starting at 0 pips although commissions are charged on trading. The XM minimum deposit for trading on these accounts is still just $100. This represents good value since you can also have access to your own VPS. Again islamic, shariah law compliant accounts are available.


Ultra low account


This XM low spread account type is available to traders based in australia and within the XM global market regulatory framework. This account comes with extra low spreads and no commission to worry about.


The minimum deposit on this account type is $50.


Shares account


Finally, the XM shares account which focuses on shares trading is available only within the XM global market regulatory area and with a $10,000 minimum deposit.


Related guides:


69.75% of retail CFD accounts lose money


Deposit bonus


XM bonus amounts and XM deposit bonuses are available though not to those regulated under cysec or FCA rules. Also, although you can receive bonuses under certain circumstances with XM, the bonus amounts themselves are typically not eligible to withdraw, though any profits derived from them usually are.


XM Minimum Deposit Guide (2021), forex xm funding.


No deposit bonus


Unlike many brokers, an XM no deposit bonus is available. This means you can effectively start trading without any real money. While you cannot withdraw the bonus funds, you can withdraw any profits made from them.


This XM bonus amount is in the form of a $30 welcome bonus or the equivalent amount based on your account.


XM bonus program


An XM bonus program is in place. This program provides for a 50% deposit bonus up to $500 and then a further 20% deposit bonus on amounts up to $4500. This can be redeemed through trading with the broker. The only exception with this is that it is not available with XM ultra-low accounts.


69.75% of retail CFD accounts lose money




How do I open an account with FOREX.Com?


You can apply for an account with FOREX.Com online. Start your application now.


I forgot my username or password. How do I retrieve them?


If you forgot your username, please contact us for assistance. If you forgot your password, please click here and fill in your username and email. You’ll then receive an email with a link to reset your password.


What information do I need when opening an account?


We will need you to provide us with your name, address and tax ID number to establish your identity. Typically, we can verify your identity instantly. For more information, see our account documents faqs .


How much money do I need to open an account?


The minimum initial deposit required is at least 100 of your selected base currency. However, we recommend you deposit at least 2,500 to allow you more flexibility and better risk management when trading your account.


How can I fund my account?


You can securely fund your account by logging in to myaccount and visiting the funding page. Forex.Com cannot accept deposits from third parties. Please note that you may experience longer processing times if the name on the originating account does not match your FOREX.Com account.


There are three easy ways to fund your account:



You can transfer a maximum of $10,000 or currency equivalent per transaction and funds will typically be available immediately for trading. The minimum transaction for bank transfers is $100 per transaction. We accept USD, no fee for bank transfers.


Wire transfer


There is no minimum or maximum deposit amount for wire transfers. Wire transfers may take up to 1-2 business days for domestic wires and 2-5 days for international wires before they are available for trading. We accept USD, EUR, CAD, JPY, CHF, AUD and GBP. FOREX.Com does not charge fees for income wires. However, your bank may charge a service fee. Wire transfers that involve a bank outside of the US may require an intermediary US bank. US intermediary banks may charge a transaction fee.


Debit card


Debit cards must be verified before use. You can deposit a maximum of $10,000 (or currency equivalent) per transaction and funds will typically be available immediately for trading. The minimum transaction for bank transfers is $100 per transaction. We accept visa and mastercard in USD, GBP and EUR. However, please be aware that all debit card transactions are automatically converted to USD. FOREX.Com does not charge fees for incoming card deposits. If you deposit funds from abroad, you may be charged a cross-border fee or currency conversion fee by your issuing bank.


Personal or business check


Currently, we are not accepting personal or business checks.


How will my withdrawal be processed?


Deposited funds must be returned to the originating source. If you have deposited funds using multiple methods, you must exhaust the total deposit amounts based in the following order:



  1. Bank transfer

  2. Debit card

  3. Wire



Excess funds may be withdrawn via bank transfer or wire. In the event you add a new bank account to withdraw excess funds, FOREX.Com will require evidence of the account by uploading a bank statement.


Can I renew my demo account?


Demo accounts last for 30 days after sign up. Afterward, you will not be able to log in using the demo account credentials. Demo renewals are not available at this time. If you have further questions, pleasecontact us.


How do I download FOREX.Com's desktop platform?


Click here to download the advanced FOREX.Com desktop application.


How do I download metatrader 4?


Click here to download the FOREX.Com metatrader 4 platform.


Please remove any previous versions of the metatrader software from your PC prior to installation in order to ensure proper function of the platform.


How can I access my monthly/annual statement?


You may access your account statements securely via the trading platform. Simply login to webtrader and select the icon in the top right corner of your screen and then select "statements and contracts".


An annual statement can be accessed by selecting december, search and then downloading the statement dated "31/12"


Metatraders: you may access statements and annual report by logging onto the platform and selecting account history in the terminal window, select custom period and generating the report.



XM.Com official forex broker review


XM is a next-generation investment firm that enables investors from 196 countries worldwide to trade forex, precious metals, stock indices, and energies. It complies with its regulators’ legal and operational frameworks, the cyprus securities and exchange commission (cysec), and the australian securities and investments commission (ASIC). The company is also registered with the new zealand FSP, the UK’s FCA, and many other european regulatory bodies.


From the company’s founding in 2009, XM has been committed to providing fair and transparent trading conditions for all clients irrespective of their capital worth. Traders enjoy the best execution available anywhere, bolstered by a strict no requotes and no rejections policy.

XM Minimum Deposit Guide (2021), forex xm funding.


Trading accounts and platforms


Opening an XM real account is a secure and convenient process, requiring just a few minutes to complete the online application form, which is available in various languages. During the account opening process, clients can specify their base currency from these options: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, and ZAR. Flexible leverage is also offered and ranges from 1:1 to 888:1.


Tight spreads are offered on over 60 financial instruments. The same spreads are offered regardless of the trading account type in use. Fractional pip pricing is also available to ensure that XM clients can trade with even tighter spreads and benefit from the most accurate pricing possible.


Clients have a wide variety of platform choices available so that they can trade on their preferred device. These include MT4 for PC and MAC and a variety of mobile apps that are compatible with the most popular smartphones and tablets.

XM Minimum Deposit Guide (2021), forex xm funding.



Account funding and XM cards


As an investment firm, XM believes in transferring to and from trading accounts as straight forward as possible. This is why account funding is 100% automatic, and all deposits are processed instantly 24 hours a day, 7 days a week.


To ensure the protection of client funds from being used for other purposes, all client funds are kept in segregated accounts with only tier-1 banking institutions.


The use of an XM card which we offer can give you even greater access to your trading account funds most conveniently and directly. There are three card types available: XM USD mastercard, XM EUR mastercard, and XM USD shanghai (china unionpay), and each card is directly connected to an MT4 account. Popular uses for XM cards include withdrawing cash from atms and making purchases at stores or online.

XM Minimum Deposit Guide (2021), forex xm funding.


Free education


XM wants its clients to make informed trading decisions and to have the skill and knowledge to realize their trading potential. For XM clients to be fully forex trained, a wide range of educational material is available to all clients, including free weekly interactive webinars, bespoke MT4 video tutorials, and regular seminars in different locations worldwide.


Loyalty program


XM operates a comprehensive loyalty program designed to provide unlimited rewards for clients based on their loyalty status and how active they are as traders. On every lot traded, several XM points (XMP) are awarded. These points can be accumulated and redeem at any time and desired for trading bonuses and even real cash rewards. The more that is traded, the more earned, the more rewards that will be received; it is that simple.

Customer support


Customer support is provided on a 24/5 (including now weekends) basis via telephone, email, and live chat. Our expert team speaks over 20 languages and is always happy to assist. In addition to this, each client is assigned a dedicated account manager when they open their account; this provides a more personal level of support and builds a long-term relationship based on trust and respect.





So, let's see, what we have: discover the XM minimum deposit needed to open an account, and the best way to do it, depending on base currencies, funding methods and deposit bonuses. At forex xm funding

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