XM – Minimum Deposit

XM – Minimum Deposit

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XM - Minimum Deposits



Our XM Minimum Deposit Revealed:


Minimum Deposit

XM has a minimum deposit requirement of $5.


This minimum deposit amount is equal to 77 ZAR at the average exchange rate between the United States Dollar and the South African Rand, ensuring that there is a low barrier of entry for traders who want to start trading global financial markets.


XM is well-regulated and security of funds is ensured by keeping client funds in segregated accounts with some of the largest, most reputable banks in the world, separate from the broker account. XM is strategically partnered with well-known and strict regulatory entities to ensure additional client protection on all levels.


By keeping funds away from the broker account, XM ensures that client deposits are not used for operational purposes or to fulfil its financial obligations.


For added protection, XM offers negative balance protection, which is automatically applied to all retail accounts, safeguarding traders from drastic volatile market conditions that could drain their trading account, especially when they use high leverage ratios.


XM is a member of the Investor Compensation Fund (ICF), and it follows the protection principles that are outlined and enforced by the Markets in Financial Instruments Directive (MiFID), which further instils trust and confidence in XM as a reliable broker.


Deposit fees and deposit methods

XM does not charge any deposit fees according to the official website. When traders pay the minimum deposit amount of $5, they can use any of the following payment methods:

  • Credit Card
  • Debit Card
  • International Bank Transfer
  • Neteller
  • Skrill
  • WebMoney


When traders deposit the minimum deposit, they can use the following deposit currencies:

  • USD
  • EUR
  • GBP
  • JPY
  • CHF
  • AUD
  • HUF
  • PLN
  • RUB
  • SGD
  • ZAR


Step by step guide to depositing the minimum amount

When traders have registered on the XM website and they have completed the account application process, and their account has been verified, they can proceed by depositing the minimum deposit amount to start trading.


Traders can follow these simple steps to deposit the $5 minimum deposit:


  • Traders can log into their client portal and access their trader’s dashboard.
  • Traders can select the option to deposit funds, and they can select their deposit payment method from the list. However, XM recommends using Credit/Debit cards because it is simple, secure, and it allows for instant deposits.
  • Traders can enter the amount that they wish to deposit and select the base account currency in which they registered an account.
  • Traders can select the trading account that they want to fund and finalise the deposit.
  • Lastly, traders can verify the information and confirm the transaction.


Pros and Cons

Flexible funding options are provided US clients are not accepted by XM
A wide range of deposit currencies offered
Ultra-low minimum deposit amount
Fast and reliable deposits are guaranteed


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You might also like: XM Sign up Bonus




What is the minimum deposit required to open an account with XM?



How do you make a deposit and withdraw money with XM?

  • Credit Card
  • Debit Card
  • International Bank Transfer
  • Neteller
  • Skrill
  • WebMoney


Does XM charge withdrawal fees?

No, XM does not charge any withdrawal fees.


How long does it take to make a withdrawal?

Withdrawal requests are processed within 24 hours of receipt and traders can expect their funds on the same day if they use e-wallets. Payments for a bank wire transfer or debit/credit card typically reflects between two to five business days.