XM Group deposit and withdrawal methods consist 7 options in various payment categorise, including International wire transfers, credit and debit cards, and e-wallets.
The minimum payment amount on this broker is $5.
XM Group Payment Methods Overview
Traders who complete XM Group registration can access to several convenient ways to fund their accounts and cash out profits. XM Group deposit and withdrawal methods:
- Credit/debit cards
- International wire transfer
- E-wallets
It’s worth noting that you must first complete the XM Group verification process to access these funding and payout methods. You can complete this procedure by watching the video below.
Credit/Debit Cards
XM accepts Visa and Mastercard for transferring funds in and out of your trading account. To use a card, you must verify that it is in your name.
Paysafecard is another option offered by XM in some countries. It's a prepaid voucher you can purchase with cash and then use the 16-digit PIN to deposit funds online.
International Wire Transfer
Bank wire transfers are also available on XM Group broker for large transactions. Key points about XM bank transfers:
- Minimum deposit/withdrawal: $5
- Cash-out processing time: 2-5 business days
- No fees charged by XM for transfers over $200
E-wallet Payments
XM Supports 4 E-wallet options that allow traders to transfer funds quickly and securely. XM Group supported electronic wallets:
- Skrill
- Neteller
- Apple Pay
- Google Pay
Traders can easily fund their accounts using the XM Group Neteller deposit method by following a 3-step process, which we have covered in our step-by-step guides.
XM Group Payment Commissions
One of XM's key advantages is its no-fee policy for most transactions. XM Group Payments commission:
Payment method | Deposit fee | Withdrawal fee |
Credit or debit cards | $0 | $0 |
Bank transfers | $0 | $0 for transfers over $200 |
E-wallets | $0 | $0 |
XM Group Transactions Processing Times
XM aims to process transactions quickly, but actual times can vary depending on the payment method. XM deposit and withdrawal processing times:
Payment method | Minimum amount | Funding time | Payout time |
Credit/debit cards | $5 | Instant to 2 business days | 2-5 business days |
Bank transfers | $5 | 1-5 business days | 2-5 business days |
E-wallets | $5 | instant | Within 24 hours |
TF Expert Suggestion
The XM Group deposit and withdrawal methods are divided into 3 main categories, offering options like Skrill, Visa/MasterCard, wire transfer, and Google Pay.
Among these payment options, Neteller is a preferred method due to its fast deposits and payouts in under 24 hours.
For detailed instructions on the XM Group Neteller withdrawal, refer to the XM Group tutorial page on TradingFinder.
