Cypriot Forex broker XM has just launched branded plastic cards that will substantially facilitate the process of funds transfer for owners of real accounts with the company. In their essence, the new cards will allow a fast, safe and free-of-charge transfer of money from your real Metatrader 4 account with the broker. With this convenient card, you can instantly withdraw the funds and trading profits from your account.
In addition to the advantage of having a card linked to your MT4 account, you can actually use the card as a traditional debit card – you can get cash at ATMs, make purchases at physical sell points and online. In case you're a person who has used a card to pay at least once in your life, then you must ask about the locations where the new XM cards are accepted. We have a great piece of news for you: they are accepted across the globe. The XM cards come in three types: XM USD MasterCard, XM EUR MasterCard, and XM USD Shanghai, with the first two kinds of cards working at any ATM or sell point with the MasterCard sign, and the third received at all points with the China UnionPay logo.
In case you'd like to have one of these cards, which will allow you an immediate access to your trading funds and a very convenient way to manage your finances, you may register for an XM card of your choice at this page. The service will be free of charge for anyone whose MT4 account balance is at least $2,000. The rest of XM's clients should not be disappointed, as they can also make use of the cards for a fee of USD 10 (or EUR 10) for each card.
The move comes after another major move by XM to simplify the withdrawals of funds from trading accounts – in the end of November 2013, the company introduced automatic withdrawals.
The launch of XM cards permits the Cyprus-based broker to join a group of Forex brokers that offer their customers special debit cards so that traders can make use of a raft of special perks, including faster money transfers and lower fees. For a comprehensive list of these Forex brokers, click here.
XM.COM is a registered brand name of Trading Point of Financial Instruments Ltd, a European regulated financial institution licensed by CySEC. Trading Point of Financial Instruments Ltd operates online services for trading on forex, precious metals, equity indices, and energies in compliance with the Markets in Financial Instruments Directive (MiFID). Trading Point is EEA authorized and registered with the FCA UK (previously FSA UK), BaFin (Germany), AFM (Netherlands), CNMV (Spain), FI (Sweden), and FIN (Finland).