May 3, 2017

Question:How much do I need to trade on XM MT4 and MT5? What is the minimum requirement?

How much is required to open XM account and start trading Forex on MT4 and MT5?

XM - What's now?

XM has updated the maximum leverage to 1:1000 in June 2022.

Leverage 1:1000 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.


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Required minimum deposit amount for XM MT4 and MT5

XM requires only 5 USD to start trading FX and CFDs.

For Standard and Micro account, the required minimum deposit amount is 5 USD.

For XM Zero account, the required minimum deposit amount is 200 USD.

Find the Account Types Comparison table in the page here.

Details of XM’s all Deposit and Withdrawal methods

Required Amount when Placing Trades on XM MT4 and MT5

With XM Micro account, you can trade from only 100 units with 1:1000 leverage.

In this condition, you can start trading with only about 10 cents of required margin in your trading account.

Thus, technically you can trade FX with XM with less than a dollar.

Although you can trade with XM with very small amount, you may always want to have your live accounts funded sufficiently to support trading positions and avoid any disturbances such as Stop Out(liquidation).

Simple Steps to start trading Forex with XM

Available fund deposit and withdrawal methods with XM

Unless you opened a Demo account with virtual funds, you must make a deposit to start trading with XM.

When you make a deposit to XM, the fund will be deposited into segregated bank account prepared by XM and the amount will be applied to your XM MT4 or MT5 account as you specified.

There are various funding methods available by XM, and besides the actual trading activities, it is also important to know the rules of fund deposit and withdrawal.

Go to XM Official Website

Fund Deposit to XM MT4 and MT5

To make a deposit to XM MT4 or MT5 account, please fist login to XMs member’s area from XM Official Website.

Then go to the “Deposit section”.

xm deposit mt4 mt5 money transfer funding

With XM, mainly you can choose from the following fund deposit methods: bank wire transfer, credit/debit cards and online wallets.

In case of a bank wire transfer, you can find XM’s bank account details in the members area where you can make a deposit to replenish your account.

Credit and Debit card (VISA, Mastercard, Maestro etc) is the most popular funding method by investors as it can be made instantly and you can immediately start trading with XM after the deposit.

Online wallets such as Neteller, Skrill, UnionPay can be also useful if you have an account with such services.

The deposits through online wallets are also made instantly.

Note that XM does not accept deposits from third parties even if they are your partner, family or corporate. If you want to open XM account with Corporate (Company) name, open a corporate account. How to open XM’s Corporate (Company) account?

Go to XM Official Website

Fund Withdrawal from XM MT4 and MT5

For fund withdrawal with XM, mainly the deposit methods you used will be used.

For example, if you have done bank wire transfer to make a deposit to XM, then the fund will be go back to the bank account you used, including any amount of profits.

In case you have used a credit or debit cards to make a deposit, then the fund up to the total deposit amount will be sent back to the card and profits (exceeded amount) will be sent to your bank account.

XM does not limit the withdrawal amount, you can withdraw unlimited amount of profits, but you must follow certain rules as XM is a licensed and regulated broker.

For more information about fund withdrawals, please contact support team from XM Official Website.

Fund withdrawal from XM’s trading account requires account verification with documents. For the list of required documents and more details, please visit the page here.

Open XM Real or Demo Account

FAQs about Fund Deposit and Withdrawal with XM

Although you are always to welcome to contact XM’s multilingual support team available for 24 hours a day and 5 days a week, we have also picked up some of the frequently asked questions regarding to fund deposit and withdrawal with XM here.

1. Which currency can I use to deposit funds to XM MT4 and MT5 accounts?

You can use any currencies to make a deposit to your trading account with XM.

In case the currency you have sent and the base currency of your account are different, then XM will automatically convert the amount according to the daily exchange rate and will credit it into your account.

To avoid any unnecessarily conversions and commissions, you can open accounts in many different currencies with XM.

The available base currencies include USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD and ZAR.

Note that the available base currencies maybe limited depending on the jurisdiction you are registered under.

With such many options, you can also open multiple accounts in different currencies to hedge market risks.

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2. What is the minimum and maximum deposit and withdrawal amount?

The required minimum deposit amount is 5 USD.

5 USD is the minimum amount you need to start trading Forex and CFDs with XM.

You can also start trading Forex with XM without making a deposit by receiving the $30 No Deposit Bonus. How to receive the $30 No Deposit Bonus from XM?

However the required minimum deposit amount varies depending on the account type you use.

For Micro and Standard account, the required minimum deposit amount is 5 USD.

For the XM Zero account, the required minimum deposit amount 100 USD.

For the Ultra low spread account, the required minimum deposit amount 50 USD.

The available minimum fund withdrawal amount is 5 USD for all account types.

*In case of a fund withdrawal with international bank wire transfer, the transaction may cost about 20 to 50 USD by the intermediary banks.

The maximum fund withdrawal amount is unlimited, as XM does not limit the amount of profit you can generate through the investment activities.

How to open XM Forex trading account?

3. How much are the fees (costs) for fund deposit and withdrawal?

XM does not charge any fees or commissions for fund deposit and withdrawal.

When you make a deposit to XM, you will see the whole transferred amount minus the commission charged by intermediary banks or payment processors.

XM even covers all transfer fees imposed by our banks, with the exception of deposits amounting to less than 200 USD (or equivalent denomination).

If the amount of bank wire transfer is less than 200 USD, then you must cover the fees charged by the banks.

The fees charged by intermediary banks or payment processors depend on each service. To find out more, you must contact your banks, card company and payment solution providers.

Login to XM Members Area to find out more

4. Can I transfer the funds between accounts?

Yes, you can internally transfer funds between accounts registered under your profile.

To do that, please login to XM’s members area from XM Official Website.

You can freely transfer funds between accounts to manage instantly.

Note that if you have received bonuses from XM, then the internal fund transfer may cause bonus cancellation or partial transfer following the rules of the promotions.

Before making an internal fund transfer or fund withdrawal, make sure that you have enough funds to support your trading activity.

Visit XM Official Website

5. Must I deposit more if the loss exceeds the whole investment amount?

No, you do not need to make additional deposits to cover the exceeded losses in XM MT4 and MT5 accounts.

This condition is provided as XM supports NBP (Negative Balance Protection) which protects investors from any exceeded losses.

XM has stop out % which triggers liquidation of all orders to avoid further losses in your account, but in certain market conditions with high volatility in market prices, the account balance could go negative following the stop out (order liquidation).

In such a case, XM’s system will automatically fix the account balance to zero according to the rule of NBP, so investors can start investing again from 0 but not with negative balance.

With XM, the maximum loss is limited to the total deposit amount, and you can manage possible risks by not depositing more than you can afford to lose.

Open XM Real or Demo Account

What is XM?

XM was founded on the principal that knowledge is what profits in the foreign exchange market and their success is achieved by helping the clients learn how to become profitable traders.

The way to make money in foreign exchange is to learn the lessons others haven’t and to know what others don’t.

XM believes helping the clients succeed in the Forex market is the best way to grow the business, so they offer the best platform in the business, first class Forex trading education and resources and superior customer service.

XM MT4 and MT5 platforms are the most unique and intuitive in the forex market.

They were designed in-house by a team of traders and technology experts, who understand the need for a quick, simple and easy to use platform.

It features one click order capability not found on most other platforms as well as instant order execution.

Go to XM Official Website

Merits of trading Forex with XM

Great pricing on Forex and CFD trades, powerful trading tools, great customer service and a ground-breaking financial community.

It doesn’t get any better than that.

  • Low Cost Trades
    Get competitive Forex and CFD trade pricing with minimum amount. XM offers extensive free trading and research tools, investor community.
  • Powerful Trading Tools
    Markets move fast. You need the tools to move faster. At XM, you’ll get a comprehensive suite of trading tools to help you identify opportunities and stay on top of every twitch or jitter on the market.
  • Great Customer Service
    XM’s mission is to provide the most responsive service in the business. They are standing by to assist you via phone, email and chat.

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