$5, that’s the XM minimum deposit, but this depends on the account type you want to open with the XM broker.
XM Broker has four account types with Islamic alternatives available for each account type.
Below is a table summary of the XM broker minimum deposits depending on account types.
|XM Account Types||Minimum Deposit|
|XM Ultra-Low Account||$5|
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XM Broker Deposit Methods
XM has different deposit methods that customers can choose from;
- Credit cards
- E-wallets (All popular wallets like skrill, neteller, web money, union pay and many more but most notably is the fact that they do not accept paypal)
- Bank Transfer
XM Withdrawal Methods
XM withdrawals will be through the methods that you have used to deposit funds into your account.
For example; if you have deposited money via skrill, then you will be required to withdraw via Skrill.
This depends on the payment methods you select. While Most E-wallet could take from few minutes, Card methods and Bank transfers will surely take longer, for example, 1-3 business days.
The minimum withdrawal for XM broker is $5
XM does not charge any fees on withdrawals and deposits. The amount you withdraw is exactly what you will get.
XM Deposit Currency
You can deposit money in any currency and it will be automatically converted into the base currency of your account, by XM prevailing inter-bank price.
XM account currency include
Now, it would be better if you deposit money exactly in the currencies except you have no means of doing that because when XM helps you convert your deposit currency to any of the currencies above, there will be a transaction fee.
XM Deposit Steps
- Open an account
- Select The Deposit Menu
- Choose payment method
- Enter Deposit Amount
- Complete the transaction
Summary XM Minimum Deposit
The $5 deposit fee for XM broker is one the lowest in the market.
To open an XM broker and get between 20-100% deposit bonus, follow this link