How to withdraw money from xm account

Someone please explain to me what this bullshit means? I withdraw money from my xm account to my FNB account and it’s been 7day still no money.

Real forex bonuses

How to withdraw money from xm account, how to withdraw money from xm account.

But xm approved the transaction

Question: can I withdraw funds to credit/debit card from XM account?

XM - what's now?

Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.

Yes, you can withdraw funds from XM trading account to credit/debit card.

The main conditions are as follows:

The funds go back to the original card.

You can withdraw via card up to the total deposit amount.

Withdrawal via card is the priority. You can only withdraw funds with other methods after you have withdrawn funds via card.

In case, your card is expired or disabled for some reason, you may need to try other withdrawal methods.

For the available deposit and withdrawal methods, please refer to the page here.

Post tags

#card withdrawal

#conditions

#credit/debit card

#deposit

#how to withdraw

#methods

#options

#original card

#trading account

#withdrawal

#xmtrading

See the trading condition of this mega FX broker.

Comments

Features

Instant and zero-cost mastercard deposit to superforex MT4 accounts

Axiory $25 no deposit bonus

Windsor brokers loyalty programme

Windsor brokers 20% deposit bonus

Windsor brokers $30 free account

US stocks pre-market trading is now available with exness

FBS 12th anniversary raffle

Land-FX wins the best trading platform award by world forex award

MTN money payment is available for rwanda

Traders trust adds exotic FX pairs - HKD, SGD, CZK, ZAR and more

Interviewing the top forex trader who won the hotforex contest

What's the most profitable forex currency pairs?

All forex brokers

All crypto-currency exchanges

Latest article

Instant and zero-cost mastercard deposit to superforex MT4 accounts

Deposit to superforex MT4 account with mastercard instantly and without any fees.

Axiory $25 no deposit bonus

How to get axiory's $25 no deposit bonus to trade forex for free?

Windsor brokers loyalty programme

Windsor brokers' loyalty programme will reward you for redeemable points.

Windsor brokers 20% deposit bonus

Deposit at least 500 USD to get 20% bonus from windsor brokers.

Windsor brokers $30 free account

Open windsor brokers' $30 free account to start trading without risking your own funds.

US stocks pre-market trading is now available with exness

What is pre-market trading of US stocks? How does it work?

FBS 12th anniversary raffle until 2021/7/1

FBS celebrates the 12th anniversary with prizes totaling $1,200,000.

Hercules.Finance

Sitemap

Services

Bonds

Cfds

Commodities

Copy trade

Cryptocurrency

Energies

Etfs

Forex

Indices

Metals

Mirror trade

Social trade

Stocks

Promotions

Community & support

Who is hercules.Finance?

Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.

Risk warning

Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

Question: can I withdraw profit made by XM's $30 no-deposit bonus?

XM - what's now?

Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.

Yes, you can withdraw all the profits made on the $30 bonus.

But you cannot withdraw the bonus amount itself (which is the $30).

To withdraw the profit, you must “trade 5 standard lots” within the bonus account.

With XM’s $30 bonus, you can

Trade risk free

Withdraw profits

Benefit from negative balance protection

$30 no deposit bonus isn’t the only promotion XM is running.

For the latest bonus promotion, please visit the page below.

Post tags

#campaigns

#cfds

#conditions

#forex

#NBP

#non-deposit bonus

#profit

#promotions

#restrictions

#risk free

#trading

#withdrawal

#xmtrading

See the trading condition of this mega FX broker.

Comments

Features

Instant and zero-cost mastercard deposit to superforex MT4 accounts

Axiory $25 no deposit bonus

Windsor brokers loyalty programme

Windsor brokers 20% deposit bonus

Windsor brokers $30 free account

US stocks pre-market trading is now available with exness

FBS 12th anniversary raffle

Land-FX wins the best trading platform award by world forex award

MTN money payment is available for rwanda

Traders trust adds exotic FX pairs - HKD, SGD, CZK, ZAR and more

Interviewing the top forex trader who won the hotforex contest

What's the most profitable forex currency pairs?

All forex brokers

All crypto-currency exchanges

Latest article

Instant and zero-cost mastercard deposit to superforex MT4 accounts

Deposit to superforex MT4 account with mastercard instantly and without any fees.

Axiory $25 no deposit bonus

How to get axiory's $25 no deposit bonus to trade forex for free?

Windsor brokers loyalty programme

Windsor brokers' loyalty programme will reward you for redeemable points.

Windsor brokers 20% deposit bonus

Deposit at least 500 USD to get 20% bonus from windsor brokers.

Windsor brokers $30 free account

Open windsor brokers' $30 free account to start trading without risking your own funds.

US stocks pre-market trading is now available with exness

What is pre-market trading of US stocks? How does it work?

FBS 12th anniversary raffle until 2021/7/1

FBS celebrates the 12th anniversary with prizes totaling $1,200,000.

Hercules.Finance

Sitemap

Services

Bonds

Cfds

Commodities

Copy trade

Cryptocurrency

Energies

Etfs

Forex

Indices

Metals

Mirror trade

Social trade

Stocks

Promotions

Community & support

Who is hercules.Finance?

Risk warning

XM withdrawal – how to withdraw funds in the broker XM?

This is the last in the series of three articles in which we show you how the XM broker works . This time we are going to see how to withdraw money , what are the payment methods that the broker allows and the particularities that you must take into account.

As in the previous two articles, we want to show you the process through our real experience . First we have opened an account at XM , we have deposited real funds and now we have carried out a couple of operations and request to withdraw the money from our account. In this way you will be able to check in a graphic and step-by-step way how these operations are carried out with the XM online broker.

How to withdraw money at the XM broker?

In the previous article (real experience: how to make a deposit in the XM broker) we have seen the steps that must be followed to make a deposit in XM and we have deposited € 100 in our trading account.

Then we have carried out 2 operations , both on the EUR / USD currency pair that have generated a profit of € 0.48 and then we will see how to request the withdrawal of our funds (the deposit of € 100 plus those 0.48 € profit).

1 – we access our user area on the XM website and in the top menu click on the “ withdrawal ” option . The ways to withdraw money available will be presented .

At this point, the following should be highlighted: XM’s policy of withdrawing funds (as is the case with other online brokers) is to refund the money of its clients by the same means of payment by which the funds have been deposited. .

For example, if you deposited your funds by card, they will always try to refund your money to that same card, if you did it by bank transfer, they will try to do it to the same bank account, if you did it like us by skrill, they will try to return it to the same skrill account, … this is a requirement set by regulatory agencies to brokers , mainly for the safety of funds and to prevent money laundering .

For this reason, as we discussed in the article on the deposit of funds in XM , it is very important that you choose the way in which you enter the money well to avoid problems when you want to withdraw it .

Remember that you must be the cardholder, bank account, skrill account, neteller, webmoney, … from which you have made the deposit. In addition, that form of payment through which you made the deposit must remain valid , that is, it must not have expired, … when you go to request the withdrawal of money.

There is also a minimum withdrawal amount which is generally $ 5, € 5 or equivalent currency except for bank transfer whose minimum amount is $ 200, € 200 or equivalent currency.

To avoid additional procedures, we recommend, whenever possible, that you select the same form of payment for the withdrawal that you used in the deposit and click on the corresponding “ withdraw ” button (it means “withdraw”). If the form of deposit and withdrawal coincide, the process is generally much faster and XM does not usually ask for any additional validation, such as showing the ownership of the form of payment requested (something that it can ask you if they do not coincide).

2 – we continue with the process . We have selected skrill (moneybookers) as a way to withdraw the funds since it is the same account with which we made the deposit. When selecting this payment method, you ask us for the following:

My withdrawal from XM

Matome

Recruit

Scamxposr

Sergeant

Sorry to hear.
Email them everyday and draw attention to your case every way possible.

Yes, even XM is a scam company.

Pro tip: if it's not you bank, it's a scam!

Or if they aren't regulated in your country, with a know address your actually aware of. Most international e brokers are scams.

Keep the pressure of XM and also retitle this thread to include XM.Com in the title to draw more attention to your issue.

Matome

Recruit

4evermaat

2nd lieutenant

XM (xemarkets, trading point, etc) has been scamming people for quite some time now.

Invite XM.Com to this thread using 2 different methods (email, live chat, FPA forum representative, etc)

If you do not get a resolution to your problem within a few days, then I suggest you file an FPA trader's court case.

BTW, how much was the amount of withdrawal?

Fxmaster

Lt. Colonel

Few steps that you must follow to draw their attention to your issue,
follow the suggested steps below:
invite them to join this thread via email (send an email to every possible address).
Go to their website and invite them to here via live chat
you will find their email and address here https://www.Xm.Com/support

You can also share your story on their social media pages mentioned below:
https://www.Facebook.Com/xmglobal

Fxmaster

Lt. Colonel

Matome

Recruit

XM (xemarkets, trading point, etc) has been scamming people for quite some time now.

Invite XM.Com to this thread using 2 different methods (email, live chat, FPA forum representative, etc)

If you do not get a resolution to your problem within a few days, then I suggest you file an FPA trader's court case.

BTW, how much was the amount of withdrawal?

The reaper of F

Sergeant

In the past, XM had been known for its fairly/transparency dealing with their respective clients. Nowadays, it's just another scam broker operating internationally to entice new clients to deposit more.

Three red flags.
A solid broker wouldn't offer (free trading bonus).
A solid broker would not delay its client withdrawals and will most of time making up for the mistakes made. (such as free additional margin, VPS or perhaps a live VIP webinar).
A solid broker will be operating with extremely strict regulators such as the FPA, ASIC, mifid. (if you ever see a broker operating with cyprus. Just get your bag and run as fast as possible).

Chris zacharia

XM.Com representative

It is not fair to be calling a licensed and regulated forex broker a scam and to be posting faulty information and hiding the truth. This is NOT ethical towards other traders and is totally unacceptable.

Kindly note that XM accepts no deposits from any third party. Payments can only be made from an account that has the same name as the one on your XM trading account. Any funds from a third-party account will be returned regardless of losses/profits incurred.

This applies to your case, your payment is categorized as a third party payment and as such we have returned back all your funds to the source of the original deposit in accordance with our withdrawal procedure policy.

Withdrawal! Complete withdrawal request within 1 minute!

How to withdraw money on XM group

Withdrawal request from XM group, 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 group but other foreign forex brokers to prevent money laundering.

Step 1 click “withdrawal” button on my account page

After logging in to my XM group account, click “withdrawal” on menu.

Step 2: select withdrawal options

Select the withdrawal method similar to the deposit 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 methods	possible withdrawal methods
credit card	withdrawals will be processed up to the amount deposited by credit card. The remaining amount can be withdrawn via other methods
debit card	withdrawals will be processed up to the amount deposited by debit card. The remaining amount can be withdrawn via other methods
NETELLER	choose your withdrawal method other than credit or debit card.
Bank wire	choose your withdrawal method other than credit or debit card.

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”

Thus, the withdrawal request has been submitted.

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

As for credit cards and debit cards, since refunds are handled by card companies, even if XM group 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.

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.

XM DEPOSIT AND WITHDRAWAL SYSTEM

XM is one of the biggest forex brokers in the world, especially in asia. The reason why there are so many traders wanting to trade on XM’s platform is that XM is really great with customer support. Not only do they have an amazing XM deposit and withdrawal system, XM also has a super efficient and experienced customer service team. Moreover, they also have monthly seminars to educate and assist customers in need. Today, we will focus on the XM deposit and withdrawal feature.

The process of XM deposit and withdrawal

After you have done signing up with XM and opened an XM account, you would want to deposit some money into your account in order to start trading. Let’s check out the process of deposit with XM step by step.

How to deposit:

Log in with your XM account. No matter the platform you use (web platform, metatrader 4 or 5, or XM mobile app), the interface is the same.

After login, look for the DEPOSIT button at the top of your screen.

If you have multiple XM accounts, select the account you want to deposit money in by clicking the DEPOSIT button next to that account.

Select a deposit method. The methods available on XM platform are:
- VISA or mastercard
- Internet banking service of your local banks.
- E-wallets such as neteller, skrill, sticpay, or ngan luong
- Cryptocurrency wallet (bitcoin, tether. )
- Other XM accounts

Enter how much you want to deposit. For clients outside the U.S, XM will automatically convert it to USD.

Check your account information again to make sure all the information is correct. Then click CONFIRM.

Then XM will take you to the transferring page of the method you chose earlier. There, you just need to put in your information and make the trade.

That’s how you deposit money into your XM account. After trading for a while, you would want to withdraw your profit. Continue reading to know how to withdraw money from your XM account.

How to withdraw:

Important note: you have to withdraw money the same way you deposit your money. For example, if you use your mastercard to deposit, after trading, you have to withdraw your profit into that exact mastercard account. If you use multiple methods to deposit money into your account, the amount you can withdraw will be calculated according to the ratio of the amount you deposited. For instance, you deposit $50 with your mastercard and then $100 with skrill. When you withdraw money back to your mastercard account, you can only withdraw a third of your fund. The other two third of your fund can only be withdrawn into your skrill account.

Log in with your XM account. No matter the platform you use (web platform, metatrader 4 or 5, or XM mobile app), the interface is the same.

You can find the WITHDRAW button right next to the DEPOSIT button earlier.

If you have multiple XM accounts, select the account you want to withdraw money from by clicking the WITHDRAW button next to that account.

Select your withdrawal method. Remember the note above.

The amount you want to withdraw will automatically be converted to USD by XM.

Click confirm to finish the process.

All deposit and withdrawal options of XM

payment options	accepted currency	minimum amount	fees	time
VISA	USD, EUR	$5	none	2 - 10 days
mastercard	USD, EUR	$5	none	2 - 10 days
maestro	USD, EUR	$5	none	2 - 10 days
webmoney	USD, EUR	$5	none	2 - 10 days
nganluong	USD, EUR	$5	none	instantly
neteller	USD, EUR	$5	none	instantly
skrill	USD, EUR	$5	none	instantly
bank transfer	any	$150	depends	2 - 10 days

The maximum duration for XM withdrawal is 24 hours. If you haven’t received your money after 24 hours, please contact the XM help team for assistance. XM has a really helpful and professional customer support team. All of your problems regarding XM deposit and withdrawal will be solved in no time.

Fanara filippo

Hey, I’m fanara filippo. I’m the founder of this site. I'm currently living in bangkok, thailand. I have been trading forex for more than 5 years. You can read my articles about the best forex brokers on this page. Let’s review brokers today.

South asian airlines are about to launch blockhain payment

XM withdrawal rejected

Scorpion007net

Recruit

My name is rohit and my account no with xm is 2146307.
I made a deposit $300 via skrill from my friends account.
I trade using it and make $456 profit.

When i tried to withdraw the funds the say they can't accept third party deposit.
If they can't accept any third party deposits why there is a skrill account email input button in their skrill deposit page??
When i am depositing from skrill there is no information or warning about my deposit.

When i tried to withdraw my profit they are saying there is no profit because of i made a third party deposit.
I am the one who deposit and make trade.
But because of i made a third party deposit how is the result of my trade became nothing??

When i chat with them sometimes they say you will get the funds with in 24 hours. Sometimes they say i will not get any funds.
I am curious to know that what happens to the profit i made.

Attachments

XM.Com representative

All your trades were cancelled because you decided that a warning that XM does not allow 3rd party deposits does not apply to you.

Once you have chosen the desired method of depositing funds in the members area of our website, you will see the following warning:

Attention: please make sure that all payments are made from an account registered in the same name as your XM account. Any payments made by 3rd parties will be refunded and your account will be suspended immediately!

This warning applies to all methods of depositing funds, including skrill. In case you did not see this warning, I am attaching a screenshot. Moreover, before cancelling your trades, our backoffice team asked you to verify that this skrill account belongs to you but you failed to provide any proof.

I do not think you can blame us for this situation because it is your responsibility to follow the rules and AML procedures established by the mifid regulations.

Attachments

Scorpion007net

Recruit

Still no answer for what happened to my profit.

When i chat with your executive yesterday he told me that i will get $456 within 24 hours.
Why did he say that??
Isnt that your executive??
Or did the company change the law today??

How can one trust the company if the company change like this within 24 hours??

"any payments made by third parties will be refunded and your account will be suspended immediately"
what is immediately??
I made investment on 2013.11.12 06:24
I made trades on 12th and 13th november.
I tried to withdraw funds on 13th.
We are talking about the third party investment problem since 13th november.
Investment refunded on 2013.11.18 01:57.
And my account is not suspended till you wrote the above replay.

Why your company giving me false information and making this much delay??

If i made a loss will you refund all the money deposited from third party??
Do you have any rules for that??

XM.Com representative

We have thousands of deposits and withdrawals everyday that need to verified and processed. You were asking customer support and he might not have been aware of the 3rd party payment at this time.

This rules has been in place since the company was founded.

You were given enough time to prove that this account belongs to you.

All the information the our clients need to know is published on our website, including the warning that we do not allow 3rd party deposit.

3rd party deposits are refunded regardless of profit or loss.

Now, allow me to ask you a few questions:

1. There is clear warning about the 3rd party deposits in member's areas. Why did you ignore it and deposited money using your friend's skrill account?
2. Would you create this thread if you lost money and we refunded the deposit back to your friends?
3. Let's pretend we do not have this rule regarding the 3rd party deposit. Let's say you loose your friend's money and he notices that somebody used his account to make a deposit. What should we tell to this person?
4. How can we verify that the owner of this account is your friend and he allowed you to use it? ]

Scorpion007net

Recruit

Yesterdays chat withdrawal is ok

Still no answer for where will the profit goes..

I clearly tell him i have done a third party deposit.
If you don't have the chat conversation i have it

This is the chat conversation.

Our company representative will be with you in a moment. Meanwhile you can submit your question.
12:02 desimir has joined the chat.
Desimir | 12:02 welcome to XM.Com how may I assist you?
Rohith | 12:02 my account no is 2146307 i am having a problem with my withdrawal
desimir | 12:03 hello sir one moment please let me che3ck that for you
rohith | 12:03 i just got a call from a executinve. But he didnt confirm that i get my withdrawal back or not.
Desimir | 12:04 is is a withdrawal of USD 456 ?
Rohith | 12:04 ya
desimir | 12:05 sir I see your withdrawal has been rejected as there has been a third party deposit
rohith | 12:05 so where will it go??
Desimir | 12:06 sir you will need to wait up to 24 hours for our back office to refund your withdrawal.
Rohith | 12:06 i give the request 13th november
desimir | 12:07 yes sir, we have already informed our back office and you will receive the amount within the next 24 hours.
Rohith | 12:08 so i will recevie my $456 within 24 hours?
Desimir | 12:09 yes sir.
Rohith | 12:09 ok. I will look forwad to that. Thank you!!

XM.Com representative

I'll repeat myself, you were given additional time to prove that this account belongs to you because in some cases clients may use different email address for their skrill account. If it's the case, a client can submit additional document and verify that this account belongs to him.

Your friend has already received the refund and you can ask him about, providing that this account really belongs to a person that you know.

Scorpion007net

Recruit

Topdog

Globalforexinstitute and tdmarkets rep

All your trades were cancelled because you decided that a warning that XM does not allow 3rd party deposits does not apply to you.

Once you have chosen the desired method of depositing funds in the members area of our website, you will see the following warning:

I do not think you can blame us for this situation because it is your responsibility to follow the rules and AML procedures established by the mifid regulations.

How to withdraw money from xm account

Watch our step-by-step guides on how to withdraw in our how to videos.

Please note that in order to request a withdrawal your profile must be fully verified.

Can I withdraw using a different method than the one I used to deposit?

Withdrawals must be made in proportion to the deposits according to the payment method used.

Your withdrawals must be transferred to the same card, e-wallet, bank account used for deposit.

Initial deposit – 600 USD – credit card *3333

2 nd deposit – 300 USD – skrill

Total deposited: 900 USD

Initial withdrawal – 200 USD – must be made using credit card *3333

2 nd withdrawal - 500 USD – 400 USD must be withdrawn using credit card *3333 and 100 USD must be withdrawn using skrill.

Total withdrawn: 700 USD

Please note that in some cases, credit card withdrawals can only be made within 12months of the initial deposit.

How long does it take to process my withdrawal?

All withdrawal requests are processed by our back office department within the same business day , however the time required for the funds to be transferred to your account will depend on the payment method used.

- bank wires: between 3- 5 business days. - credit/debit cards: between 3 – 10 business days. - E – wallets: within 1 business day.

What should I do if the card used to deposit was cancelled/lost?

You will need to email us an official document from the card issuer stating that the card was cancelled or lost and we will then inform you on how to proceed.

Can I still withdraw if I have open positions?

Yes, provided that you have sufficient free margin on your account to cover the withdrawal and any extra fees that may occur.

You can calculate your free margin here.

I’m withdrawing via credit/debit card, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal is made to the same card used to make your initial deposit.

I’m withdrawing via E-wallet, are there any more steps I should follow?

If your e-wallet has already been verified, your withdrawal will be processed automatically.

If you are withdrawing using webmoney, please follow the steps here.

I’m withdrawing via bank-wire, are there any more steps I should follow?

In order to withdraw you will need to verify your bank account by uploading bank statement showing:

- account holder’s name (this should match the name used during registration). - account number.

I’m withdrawing via china union pay, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal payment is made to the same bank account used to make your initial deposit.

You will also need to provide the following via upload or email:

- bank name - bank account number - province and city - your name (this should be written in chinese characters)

How can I cancel my withdrawal request?

You can cancel your request in myfxtm in the ‘transaction history’ tab under the ‘my money’ section by clicking ‘cancel’.

Making a withdrawal

How can I withdraw funds from my account?

Go the withdraw page within the ‘my money’ section in myfxtm.

Select the payment method and click ‘withdraw’.

Select the myfxtm account or wallet you wish to withdraw funds from and complete the necessary fields.

Select a reason for withdrawal and enter the PIN that was to you via email or SMS and click ‘submit’.

Watch our step-by-step guides on how to withdraw in our how to videos.

Please note that in order to request a withdrawal your profile must be fully verified.

Can I withdraw using a different method than the one I used to deposit?

Withdrawals must be made in proportion to the deposits according to the payment method used.

Your withdrawals must be transferred to the same card, e-wallet, bank account used for deposit.

Initial deposit – 600 USD – credit card *3333

2 nd deposit – 300 USD – skrill

Total deposited: 900 USD

Initial withdrawal – 200 USD – must be made using credit card *3333

2 nd withdrawal - 500 USD – 400 USD must be withdrawn using credit card *3333 and 100 USD must be withdrawn using skrill.

Total withdrawn: 700 USD

Please note that in some cases, credit card withdrawals can only be made within 12months of the initial deposit.

How long does it take to process my withdrawal?

- bank wires: between 3- 5 business days. - credit/debit cards: between 3 – 10 business days. - E – wallets: within 1 business day.

What should I do if the card used to deposit was cancelled/lost?

You will need to email us an official document from the card issuer stating that the card was cancelled or lost and we will then inform you on how to proceed.

Can I still withdraw if I have open positions?

Yes, provided that you have sufficient free margin on your account to cover the withdrawal and any extra fees that may occur.

You can calculate your free margin here.

I’m withdrawing via credit/debit card, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal is made to the same card used to make your initial deposit.

I’m withdrawing via E-wallet, are there any more steps I should follow?

If your e-wallet has already been verified, your withdrawal will be processed automatically.

If you are withdrawing using webmoney, please follow the steps here.

I’m withdrawing via bank-wire, are there any more steps I should follow?

In order to withdraw you will need to verify your bank account by uploading bank statement showing:

- account holder’s name (this should match the name used during registration). - account number.

I’m withdrawing via china union pay, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal payment is made to the same bank account used to make your initial deposit.

You will also need to provide the following via upload or email:

- bank name - bank account number - province and city - your name (this should be written in chinese characters)

How can I cancel my withdrawal request?

You can cancel your request in myfxtm in the ‘transaction history’ tab under the ‘my money’ section by clicking ‘cancel’.

Policies & regulation

FXTM brand is authorized and regulated in various jurisdictions.

Forextime limited (www.Forextime.Com/eu) is regulated by the cyprus securities and exchange commission with CIF license number 185/12, licensed by the financial sector conduct authority (FSCA) of south africa, with FSP no. 46614. The company is also registered with the financial conduct authority of the UK with number 600475.

Forextime (www.Forextime.Com/uk) is authorised and regulated by the financial conduct authority with license number 777911.

Exinity limited (www.Forextime.Com) is regulated by the financial services commission of the republic of mauritius with an investment dealer license bearing license number C113012295.

Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Regional restrictions: FXTM brand does not provide services to residents of the USA, mauritius, japan, canada, haiti, suriname, the democratic republic of korea, puerto rico, brazil, the occupied area of cyprus and hong kong. Find out more in the regulations section of our faqs.

Skrill south africa

December 29, 2020 12:53 pm

So today the topic is skrill south africa. Majority of forex and binary options traders are familiar with skrill moneybookers as an ewallet. We used it to deposit and withdraw our trading funds and some. However I decided on posting an article on a recent experience when trying to withdraw funds from skrill to my FNB account.

What a mission! Anyway before going in much further lets give you a brief background on skrill. Now please note this is not a review on skrill but rather how its works with our local banks hence the title skrill south africa.

Skrill has been making digital payments simple, secure and quick since 2001. Previously known as moneybookers a world-leader in developing global payment solutions for people’s business and pleasure, whether they’re depositing funds on a trading site, buying online or sending money to family and friends. Skrill met the needs of businesses worldwide, helping them build a global customer base and drive growth. Skrill is a truly global company. Based at london headquarters and offices throughout europe and the US, skrill staff of over 500 represents more than 30 nationalities. Many traders are looking for good ewallets.

Deriv withdrawal methods, as well as brokers such as IQ option south africa and binary.Com south africa, provide south african traders the use of skrill for deposits and withdrawals in binary options.

Together with skrill, paypal is among best-known e-wallets and it is frequently used by binary options traders, both in south africa and globally. It was founded in 1998 and since then they have grown into one of the largest internet payment companies.

According to the latest information, paypal is servicing 202 markets and their customers may hold, receive and send funds in 25 currencies. They also provide a mobile app which is suitable for android and ios.

All the above payment methods are suitable for both deposits and withdrawals in binary options south africa it is most common that brokers will charge fees for bank wire withdrawals though is also becoming more frequent that brokers offer first withdrawal in a month free of charge.

Skrill withdrawal to FNB

Using skrill with FNB is basically impossible. Recently upon trying to withdraw to my FNB account via wire transfer from skrill it was very disappointing to find that my funds never cleared and was returned to skrill minus charges. Tried to withdraw directly to my FNB cheque card also and same thing. When I called FNB they advised that they are having a lot of issues with skrill as they pay with the incorrect forex format. Hence due to that FNB returns the funds to your skrill account. End of the day you end up paying a ton of fees and still don’t receive your money.

The fees are actually insane due to the back and forth sending and returning of funds. To see more check skrill fees.

Opening a skrill account is simple, straightforward and free. Interested south african traders have to provide an email address and then create their password, and provide personal info and the account will be created. For a retailer that accepts skrill, no fee will be charged. Hence it is used widely by the successful binary traders in south africa .

According to the information available on their site, the same goes for receiving money on the skrill account while uploading funds onto the skrill account is usually free or there might be some small charge. Sending money with skrill wallet is charged with 1.9% of the sent amount and the charge will never exceed €20.

It is also possible to obtain skrill prepaid mastercard which does not require any document and is available in four different currencies – GBP, EUR, USD and PLN.

Skrill supported banks in south africa

Standard bank yes

Nedbank no

FNB no

ABSA no

Capitec no

Note: to deposit with IQ option, you can now use above listed banks directly. No more complications with skrill

To conclude skrill south africa

The short and sweet of it is. If you live in south africa you better of using neteller. Its accepted nationally and saves you tons of cash on charges and such. Especially for trading you don’t want delays.

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ option, the top regulated broker for your country with a minimum deposit of ONLY $10!

FREE $10,000 demo account

Award-winning trading platform

Licensed and regulated broker

so, let's see, what was the most valuable thing of this article: yes, you can withdraw funds from XM trading account to credit/debit card. The main conditions are as follows: the funds go back to the original ... At how to withdraw money from xm account