XMTrading: Is it possible to withdraw money on Saturdays and Sundays? Summary of reflection time and days

XMTrading

There are withdrawal methods for XM account transactions, but can you withdraw on Saturdays and Sundays? This article will explain the procedures and the number of days and time it takes to reflect the changes. There are rules for withdrawals and you cannot choose freely. Additionally, XM is closed on Saturdays and Sundays. Is it pointless to ask for the withdrawal to be processed on Saturday? Also, is it okay to request a withdrawal on a Saturday? I am writing an article on this point.

Only withdrawal requests are possible

In conclusion, each withdrawal request can be made 24 hours a day, even on Saturdays and Sundays. However, since calculations and confirmation work will be required on the XM side, withdrawal processing will not proceed until after a business day. If you perform the withdrawal procedure on a Saturday due to the above, the withdrawal will be arranged and reflected on the next business day. There are bitwallet, sticpay, bxone, debit card, credit card, domestic remittance, and international remittance, so the time it takes to complete the procedure will vary depending on the operating company’s processing and medium. A list is provided in the article below.

Withdrawal methods and procedures

The withdrawal methods and procedures are summarized in the article below. Please try to reference. Traders should understand the withdrawal rules when using the service. If you have any questions, we recommend that you contact the support desk as it is possible that your application will be rejected. Online wallets can be processed immediately, and bank transfers can be processed on weekdays. The number of days it takes to receive your profits also varies.

Is XM Trading closed on weekends and holidays?

XM’s business hours are from 7:00 a.m. Monday to 6:59 a.m. Saturday morning Japan time. Holidays are from 7:00 a.m. Saturday to 6:59 a.m. Monday morning Japan time, so Saturdays and Sundays are considered holidays. Furthermore, XM is not open 24/7. Irregular holidays occur during the year-end and New Year holidays and Christmas. There is a similar trend when compared with other companies. Detailed information is currently being updated officially, so you can check when it’s available so you can rest assured.

What you can do on Saturdays and Sundays

Although XM is basically closed on Saturday and Sunday, there are a few things you can do. It is not possible to choose profit or loss cut for financial products, stock indexes, etc. Automated trading has also been suspended and direct payments are no longer possible. It is also not possible to unfreeze your account. Wallet management etc. are possible.

Application for opening an account

XM accepts applications from the account opening page on the official website even on Saturdays and Sundays. Please note that the examination of identity verification documents is conducted during XM’s business hours, so it is not possible to trade immediately after opening an account on Saturdays and Sundays.

credit card deposit

If you already have an account, you can make deposits on Saturdays and Sundays by credit card or online wallet other than bank transfer. Only bank remittances cannot be deposited on Saturdays and Sundays because the bank window itself is closed.

Withdrawal fee is basically free

XM will normally cover all fees for fully withdrawing funds from your XM trading account. Withdrawal fees are basically free no matter which type of withdrawal you use. Withdrawals can be made from the menu. They will respond accurately to withdraw your money as soon as possible.

Processing time from withdrawal request

No matter which withdrawal method you use, XM will complete the withdrawal process within 1 business day after submitting your withdrawal request. Therefore, even if you can make a request on a Saturday or Sunday, the confirmation process will actually take place, and the withdrawal process, including the withdrawal process, will take place on a business day or later, so you will only receive it after that time. Please understand that if you make a major mistake, such as entering the wrong address or account number, your withdrawal will be refused.

No withdrawal

With XM, you can withdraw money while holding a position, but the condition is that the margin maintenance rate of the account balance after withdrawal meets a certain level. If the margin maintenance rate of the position is low, withdrawals will not be possible. Swap points are also included, so they are taken into consideration. Also, if the name of the holder is different, the transaction will be rejected to prevent money laundering.

You cannot withdraw bonus credits only

Bonuses that can be received when opening a new account or making a deposit on My Page will be added as “credits”. Please note that the funds are for trading with XM and cannot be withdrawn. This is the same for other companies (exness, axiory, ironfx, fxgt, etc.).

bonus disappears

Please note that if you have a bonus left when you withdraw from your XM trading account, the same percentage of credit (bonus) as the withdrawal amount will disappear.

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