XM Forex is an online trading broker that was founded in 2009. The company How to Become a Top Forex Trader in Malaysia since won over 30 industry awards and offers support in many different languages. It claims to have completed over 2.4 billion trades without rejections or re-quotes. Their fees are average for the forex industry, and they do charge an inactivity fee after 90 days of inactivity.
The company is regulated by the CySEC and IFSC. All three of these regulatory bodies have strict compliance guidelines, requiring brokers to submit their financial statements regularly and maintain adequate capital. Moreover, they must segregate their clients funds. This means that XM is a very safe and reliable choice for forex trading.
Withdrawals are processed within 24 hours. XM accepts several different methods of payment, including bank wire transfers and e-wallet withdrawals. However, if you wish to withdraw your funds, you must make a minimum deposit of $100. After depositing money, you can check your account balance by visiting the Members Area .