XM.com account replenishment
XM Group’s minimum deposit
| Tickmill | XM Group | Admiral Markets | |
| Minimum deposit | $100 | $5 | $1 |
It is recommended to replenish your trading account with just a little more than the amount necessary to implement the chosen trading strategy. It should be considered that the size of the deposit must contain an additional reserve of funds to maintain positions in the event of a short-term drawdown.
Replenishment options and commissions
When replenishing an account, the XM.com broker does not charge commissions but also reimburses the trader's expenses for replenishment using certain payment systems. Many other large brokers provide the same service, in particular Roboforex and Tickmill.
Traders can replenish trading accounts in the following ways:
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● Plastic cards
VISA
Mastercard
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● Electronic money
Neteller
Sticpay
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● Cryptocurrency
Bitcoin
For your convenience, below Traders Union has made a comparison table on the replenishment options at XM.com and its competitors.
| Tickmill | XM Group | Admiral Markets | |
| Bank transfer | Yes | Yes | Yes |
| Electronic money | Yes | Yes | Yes |
| Bank card | Yes | No | Yes |
| Payment terminals | No | No | No |
In the case of electronic money and plastic cards, the account is replenished almost instantly. When using the Bitcoin cryptocurrency, the payment is credited within an hour.
| Payment system | Fee |
| Visa, Mastercard | 0% |
| Bitcoin | Transaction confirmation fee |
| Sticpay | Up to 2.5% |
| Neteller | 2% |
The above commissions are standard for all payment systems. At the same time, after replenishing the account, the XM.com broker compensates the commission in full that was paid by the traders.
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Replenishment currency at XM.com
Funds can be replenished at XM Group using any of the 11 base currencies. These include the US dollar, euro, Swiss franc, and Japanese yen. However, since the withdrawal is made only in euros, it is recommended to use this particular currency for deposits, trading, and withdrawals to avoid additional conversion costs.
Also, when replenishing an account, the XM.com broker credits the trade balance with a welcome bonus in the amount of 100% of the replenishment volume (the maximum limit is $5,000). The welcome bonus is a fairly common practice among brokers. For example, Tickmill offers a ‘Welcome Account’ no deposit bonus of $30 from the first deposit, while FxPrimus has a promotion with a bonus of up to 100% of the amount previously deposited.
| XM Group | Tickmill | Admiral Markets | |
| EUR | Yes | Yes | Yes |
| USD | Yes | Yes | Yes |
| GBP | No | Yes | Yes |
| Bitcoin | Yes | No | No |
| Litecoin | No | No | No |
Client reviews of replenishments at the XM Group
I opened an account here in March, passed verification, linked the card, and replenished quickly. I corresponded with the manager—like a sensible person - not as an activist—he did not offer to replenish my account with more money. For the test, I deposited $500, I will let you know what happened later, based on the results.
I am testing XM for investment suitability. So far, I have closed a couple of trades at $316 and took the profits. There were no delays or slippages during execution. Conveniently, the account can be replenished from a bank card, and everything went smoothly. Let's see how things go next time.
The replenishment is smart, the withdrawal did not disappoint either. No complaints about trades, and execution was fast. The speed of the terminal is quite suitable for scalping, but, to be honest, I would use another company for that type of trading.
My work on XM.com is without unnecessary problems. Replenishment is fast, order execution is also fast. You can always keep in touch with the support on weekdays. I withdrew funds with a slight delay, but this is not critical. Replenished was completed without any problems at all. The company is decent, but you need to see if its conditions are appropriate for a particular trading system.
I have been working here for about a year. Order executions are without problems. Those who write about screwups with executions, check your connection. You can also replenish the trade balance quite quickly, and this is a very important factor. In short, I am satisfied and advise everyone to cooperate here.
FAQs on replenishments at the XM Group
What are the minimum deposits for the XM Group?
You can start trading at XM.com with only $5, which is the minimum deposit amount specified by this broker.
What types of accounts can I open on XM.com?
Traders can open demo, micro, and classic accounts here for trading currency pairs, CFDs (Contracts for Difference), and there are more than 1,000 instruments available to trade.
What leverage does XM have?
Traders can choose any leverage up to 1:888 depending on the account type. Attention! No crediting is provided on Shares accounts.
What trading tools are available at XM.com?
The XM Group offers the opportunity to trade more than 1,000 instruments, namely: currency pairs, CFD contracts, and shares of American companies.
How to earn more by trading with XM.com via the Traders Union?
To do this, it is enough to use the Traders Union affiliate link when opening an account. It is also possible to transfer existing accounts to the referral group of the Union for calculating a rebate for each trade.
Team that worked on the article
Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.