How to withdraw money on XM

Withdrawal request from XM, complete within 1 minute!Very simple

There are different ways to withdraw money such as credit card, debit card, NETELLER, bank transfer, but it should be noted that basically you can not withdraw money using methods other than those used to deposit funds.

This is not just limited to XM but other foreign Forex brokers to prevent money laundering.

Step 1 Click “Withdrawal” button on My account page

After logging in to My XM account, click “Withdrawal” on menu.

XM member area

arrow

Step 2: Select Withdrawal options

Select the withdrawal method similar to the deposit method

withdrawal method

Credit cards or debit cards can be withdrawn up to the deposit amount.

After withdrawing up to the amount deposited, you can choose to withdraw the remaining amount using whichever method you like.

For example: You deposited 100,000 VND into your credit card, and you make a profit of 100,000 VND after trading. If you want to withdraw money, you have to withdraw 100,000 VND or the amount deposited using credit card, the remaining 100,000 VND you can withdraw by other methods.

Deposit methodsPossible withdrawal methods
Credit CardWithdrawals will be processed up to the amount deposited by credit card.
The remaining amount can be withdrawn via other methods
Debit CardWithdrawals will be processed up to the amount deposited by debit card.
The remaining amount can be withdrawn via other methods
NETELLERChoose your withdrawal method other than credit or debit card.
Bank wireChoose your withdrawal method other than credit or debit card.

”arrow"

Step 3 Enter the amount you wish to withdraw and submit the request

Enter the amount you wish to withdraw. Note that you should not enter “comma” when entering the amount. Number only

Click “Yes” to agree to the preferred withdrawal procedure, then click “Request”

Enter the amount you wish to withdraw

Thus, the withdrawal request has been submitted.

The withdrawal amount will be automatically deducted from your trading account. Withdrawal requests from XM will be processed within 24 hours (except Saturday, Sunday, and public holidays)

Withdrawal methodsWithdrawal fees
Minimum withdrawal amountProcessing time
Credit cardFree
5 USD ~24 working hours
NETELLERFree
5 USD ~24 working hours
SkrillFree
5 USD ~24 working hours
Bank wireXM covers all transfer fees200 USD ~2-5 working days

As for credit cards and debit cards, since refunds are handled by card companies, even if XM has completed the withdrawal request within 24 hours it could take a few weeks to a month to complete the process So, it is recommended that you withdraw the funds in a timely manner

Disclaimers

XMP (bonus) that has been redeemed will be removed entirely even if you only withdraw 1 USD

At XM, a client can open up to 8 accounts

Therefore, it is possible to prevent the removal of the entire XMP (bonus) by opening another account, transferring the investment amount to this account and using it to withdraw money.