de | cn | ru

Brokers News

XM Facilitates Forex Withdrawals with Branded Cards

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

 

About XM.com

 

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).

TAGS: xm  xm forex broker  xm withdrawal  forex withdrawal  xm cards  xm prepaid cards  mastercard  china union pay  forex payment  debit card  payment method  forex trading 

More news about XM

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Belize CySec, FCA, IFSC MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, South Africa, UAE CySec, FSCA, FSC MT4, MT5, Web $5 Review Website
Cyprus CySEC MT4, Web $25 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website

More Forex Brokers News

XM applies for a forex dealer license in the US

Jan 11 2019 13:39:14

  The US subsidiary of major forex brokerage XM has applied for a membership with the National Futures Association (NFA). This became clear from a filing by the broker’s US entity Trading.com Markets Inc. (previously Trading Point US Inc.) with the NFA dated January 3, 2019. Read more

HotForex acquired DFSA license, commences operations in the UAE

Jan 08 2019 10:45:37

  HotForex is now licensed by the Dubai Financial Services Authority (DFSA) and announced it commences operations in the United Arab Emirates (UAE). The Dubai arm of the HF Markets Group, HF Markets (DIFC) Ltd., acquired the DFSA license in December last year. Read more

CySEC warns Efexa1000 is not licensed

Oct 22 2018 12:55:06

  The Cyprus Securities and Exchange Commission (‘CySEC’) officially warned investors that Efexa1000 is not authorized to provide investment services in the country. Read more

IG Group gets licensed in the USA

Oct 16 2018 13:48:15

  Major forex broker IG Group (IG) got a green light from the National Futures Association (NFA) to operate on the US retail forex market. The US arm of IG Group, IG US LLC, has just been approved as a NFA member and is officially registered as a Retail Foreign Exchange Dealer (RFED). Read more

ASIC adds HBC broker to its warning list

Oct 09 2018 11:14:03

  The Australian Securities and Investment Commission (ASIC) has updated its list of “businesses to be wary of” with HBC Broker – an unregulated company that is trying to confound its potential clients by giving out some correct details of leading forex and CFD ... Read more

FBS wins ‘Best Copy Trading Application Global-2018’ award

Oct 05 2018 16:22:13

The prestigious “Best Copy Trade Application 2018 Global” award went to FSB  for their innovative CopyTrade platform. Read more

Capital Index renounced its CySEC license

Oct 03 2018 13:24:56

  It seems that global online brokerage Capital Index is the next to voluntarily renounce its Cypriot Investment Firm (CIF) license. Read more

FBS celebrates its 9 millionth trader

Sep 19 2018 17:17:28

After celebrating their 7 millionth million trader in March 2018, now just 6 months latter, FBS reached yet another milestone – their lucky 9 millionth trader is Jean Sales De Souza from Rio de Janeiro, Brazil. Read more

XTB fined $2.7 million by Poland’s financial regulator

Sep 19 2018 11:31:55

  The Polish Financial Supervision Authority (KNF) punished X-Trade Brokers (XTB) with a PLN 9.9 million ($2.7 million) fine for asymmetric price slippage on Tuesday. Read more

TD Ameritrade allows its clients in Singapore to trade via Messenger

Aug 27 2018 15:14:51

  Singapore branch of American brokerage firm TD Ameritrade announced on Sunday that its clients in are now able to make trades and access market information through Facebook Messenger. Retail investors in Singapore will have yet another way to access the U.S. Read more

de | cn | ru