Frequently Asked Questions

Exness Broker 26 questions
  • Does Exness use mt4?

    Exness Broker Supports a wide range of available trading platforms including Metatrader 4 in short MT4. As we all know, Metatrader 4 is the most popular and reliable source of trading platform for financial markets. You can download the MT4 trading platform right from the Broker Website. or just click this link – www.exness.com

  • Is Exness Social Trading legit?

    Is Exness Social Trading legit? to get the answer we need to dig deeper to know about the regulation of this broker. So, let’s replace the question with”Can I trust Exness?”

    In simple words, Yes! You can start your trading carrier with this broker just because of their strong regulation, offered services, and outstanding customer support. This broker is well-known for its Low Spread, outstanding support, and fully automatic payment processing system.

    From our experience, this the only retail broker that processes any financial transactions automatically. which means like a deposit, you can withdraw your available funds within a second. 

    The best way to choose any broker, you need to find out its regulation first.

    Exness is operated by Nymstar Limited is a Securities Dealer registered in Seychelles. This broker is mainly popular just because of its strong regulation and outstanding customer support. Here is the detailed information about Exness Regulation as follows.

    • Nymstar Limited is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. Reference
    • Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. Reference. Exness (Cy) Ltd operates under the website www.exness.eu.
    • Exness (UK) Ltd is an Investment Firm, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729. Reference.
      Exness (UK) Ltd​ operates under the website www.exness.uk.

    NB: Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more about registration details.

    Is Exness Social Trading legit? – As this broker is regulated by some top-class regulatory authorities so yes! you can start trading by using any type of trading account they offered. Social Trading is mainly offered for those who do not have knowledge of trading or unable to provide time to check and follow the markets. Just deposit as low as $10 you can start copying trade from professional traders. All you need, just to download their social trading apps and register a trading account first.

    If you want to know the detail of how their social trading really works and how can you participate just refer to this “Exness Social Trading” first.

  • How can I block my trading account? – Exness

    If you want to block any of your trading accounts then please make sure, the account does not have any funds and does not have any active or pending order. Otherwise, the broker will not allow you to achieved that p[particular account.

    Blocking Trading Account

    Unfortunately, you won’t able to delete any of your registered trading accounts. You only can hide or archive or block it from your client cabinet and then that trading account will not be available to login to your trading terminal.

    To do that you need to login into your client cabinet or broker dashboard by using your registered email address and password.

    after login, all of your created trading accounts can be found in your dashboard. from here select that account you want to archive and find a “Gear Icon” from the right. Check the below image for your reference.

    Delete Exness Trading Account

    after clicking the “Archive Account” the selected trading account will be hidden from your dashboard and will not be able to deposit or log in to any trading terminal.

    But if you want to use that account in the future, then you can reactivate it again from your client cabinet.

    Reactivate Exness Trading account

    just click on the “Archived” button then you can see all of your already archived trading accounts and click the “Reactivate” button situated on the right. Trading account will be available again for trading and you can now login to your trading terminal.

  • Does Exness allow capitec?

    Yes, Exness Broker supports Capitec Bank for South African Residents. If your trading account has been registered from South Africa then, you can get this facility by using their internet banking system.

    You can top up your trading account in the South African rand via Internet banking, a payment method that allows you to transfer funds from your bank account to your Exness account.

    But before proceeding, we recommend making sure your trading account currency is RAND. Otherwise, currency conversion fees will apply. Details can be found on the broker website – www.exness.com

    Here’s what you need to know about using Internet banking:

    Supported banks
    • ABSA
    • Standard Bank
    • First National Bank
    • Nedbank
    • Capitec Bank
    • Investec
    Minimum deposit USD 3
    Maximum deposit USD 17,000 per transaction
    Minimum withdrawal USD 3
    Maximum withdrawal USD 17,000 per transaction
    Deposit processing fee Free of charge
    Withdrawal processing fee Free of charge
    Deposit processing time Instant
    Withdrawal processing time 3 working days (Up to 72 hours)

     

  • What is the minimum deposit for Exness?

    The minimum deposit amount of Exness broker starts from $1 but it varies depending on their available trading account types up to $500.

    Here are the minimum deposit requirements based on their trading accounts.

    • Standard Account: Minimum Deposit will be $1
    • Standard Cent Account: Minimum Deposit will be $1
    • RAW Spread Account: Minimum Deposit will be $500
    • ZERO Spread Account: Minimum Deposit will be $500
    • Pro Account: Minimum Deposit will be $500
    • Social Standard Account: Minimum Deposit will be $500
    • Social Pro Account: Minimum Deposit will be $2000
    Please be noted that the above-mentioned deposit amount will be applicable if you trying to use it through the broker cabinet. But if you want to use Exness Mobile Application to deposit then the Minimum Deposit amount requirements will be $10.

  • What is the minimum withdrawal on Exness?

    If you use Neteller or Skrill for withdrawing funds from your account then the least amount will be $2. But in some cases it varies depends on your preferred payment methods. Just like, If you want to use your Bank Card or Credit card, the amount will be $10 and if you want to use your Bank Account then at least $6 should be withdrawn.

    One the other hand, if you want to use Internal Transfer options then you can withdraw at least $1 from your trading account. More information can be found here – www.exness.com

    To know more about how to withdraw funds from your trading account, then please read this documented tutorial of Exness Withdrawal.

  • Does Exness allow scalping?

    Yes! Exness broker allows automated trading by using an EA (Experts’ Advisor) or Robot for scalping or hedging. Also, this broker support negative balance protection. It means, if somehow for deep market volatility, your account blows out then the broker will adjust it to “ZERO” wherein some cases other broker charges negative amount.

    As a result, you will see your account balance will be in a negative format. More details can be found at the broker website – www.exness.com

  • How to withdraw from your Exness account?

    First of all, you need to visit the broker’s official website – www.exness.com and then log in to your cabinet (personal area) by using your registered email address and password. Then you can find “Withdrawal” from the left side and click.

    Exness Withdrawal System By Neteller

    Choose the payment system that you want to use while withdrawing funds from your trading account. and follow the onscreen instructions. The details fund withdrawal process can be found in the Exness Withdrawal article. Please read it carefully.

    Please make sure, you need to select the same payment methods that you have used while depositing in your trading terminal. For example, if you use Skrill Wallet to deposit then you need to use the same while withdrawing funds. Otherwise, your payment request will be rejected.

  • How long does it take to withdraw money from Exness?

    Exness main facilities is that broker process all of its financial transaction automatically. From our trading experience, the broker has processed all of our deposits and withdraw requests almost instantly without spending a single second.

    If you use instant payment methods like Neteller, Skrill, or perfect money then funds will be processed almost instantly. If you choose to use a Credit card or Bank Transfer then it will take some time, depending on your payment gateways.

    If your withdrawal request would not process instantly, then it will take up to 24 hours to execute. More information can be found at the broker website – www.exness.com

    if you want to learn more information about the fund withdrawal process then you can find the details from the Exness Withdrawal article.

  • Does Exness have binary options?

    Exness is a renowned retails forex broker, operating its services since 2008. This broker is mainly popular for Forex, Indicies, and CFD Trading. It does not offer any Binary Trading or Options Trading for traders. to know more, please refer to the broker website – www.exness.com

    So, if you are looking for a binary broker then we recommend using IQ Option. as this broker is well regulated and reliable for trading.
  • How do I verify my Exness account?

    The account Verification process is too simple and straightforward. After registering an account from Exness Website – www.exness.com please log in to the client cabinet by using your registered email address and password.

    Then you may see a notice for the completion of your account verification. You need to add your phone number, Upload your Identity Document, and Residential Proof to complete the verification.

    – Video Tutorial –

    We have already documented the detailed verification process in our Exness Verification article. Please feel free to go through it. First of all, you need to download Exness Mobile App on your smartphone and then follow the tutorial.

    While uploading your Documents, please carefully maintain the below-mentioned details:

    • Document Must be Clear, Colored and Image Quality must be good.
    • For Identity Verification, you need to submit your NID/Passport/Driving License or any of the available govt. issued ID Card.
    • For Address Verification, you need to submit the Court Bill/Agreement Copy/TAX Details/Bank Statement.
    • Your Full name and address must be mentioned in the Document clearly.
    • Documents must be valid and at least 90 days from the issuing date.

  • How do I delete my Exness account?

    Make it a bit clear first. Do you really want to delete your Registered Exness account? or you are looking to Delete or archive your trading account? Well, we discuss both of them for your assistance.

    Delete Registration

    First of all, if you want to delete your exness registration then sorry to say, there is no automatic process to do it. You need to send an email to the broker support team and let them inform your issues in writing. Then the support team will cross-check it and give you feedback as soon as possible. The support email address is – support@exness.com

    Delete Trading Account

    Unfortunately, you won’t able to delete it either. You only can hide or archive it from your client cabinet and then that trading account will not be available to login to your trading terminal. To do that you need to login to your client cabinet or broker dashboard by using your registered email address and password.

    after login, all of your created trading accounts can be found in your dashboard. from here select that account you wan to archive and find a “Gear Icon” from the right. Check the below image for your reference.

    Delete Exness Trading Account

    after clicking the “Archive Account” the selected trading account will be hidden from your dashboard and will not be able to deposit or trading. But if you want to use that account in the future, then you can reactivate it again from your client cabinet.

    Reactivate Exness Trading account

    just click on the “Archived” button then you can see all of your already archived trading accounts and click the “Reactivate” button situated on the right. Trading account will be available again for trading and you can now login to your trading terminal.

  • Is Exness a ECN broker?

    Exness is one of the most reliable Forex Brokers in the financial markets. Since 2008, it offers impressive trading facilities to its clients by offering professional trading accounts such as Standard, RAW, Zero, and Pro.

    All of the above-mentioned trading accounts are offered by ECN pricing while trading. So, Yes! The broker supports the Electronic Communication Network (ECN) price to its offered trading accounts. You can learn from the broker website directly – www.exness.com

    One of the most advantages of trading in ECN accounts is the “Lowest Spread”. as the quoted currencies prices are coming from an interbank system so, the spread remains low and the broker charges a little bit commission from traders’ entry.

  • Does Exness have a bonus?

    Exness does not offer any regular bonus campaign like others as Instaforex or XM. But is some occasion, the broker does offer some specific trading contest and reward-based competition.

    These types of the contest may offer based on geolocation or a specific segment of trading accounts. If the broker offers such a campaign, then you will get an email update automatically. or you can visit the broker official website for more information – www.exness.com

  • Is Exness regulated in Bangladesh?

    Well, exness broker is regulated in different countries with some foreign regulators but unfortunately, it is not regulated in Bangladesh. That means this broker does not have legal authorizations from Bangladesh Govt. and its Central Bank.

    You may know, none of any retail brokers are regulated in Bangladesh as a part of Bangladesh Bank and its Foreign Currency exchange policies.

    But still, you can trader with exness and use all of its services and facilities without having any issues. As you may know, Exness is a very reliable and Trustworthy Broker and operating its business since 20008. The main factors of its popularity are mainly of its strong regulations and outstanding trading facilities. To know more, please visit the broker website – www.exness.com

    Here we have listed the regulatory detailed information of this Broker. 

    • Nymstar Limited is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. Reference
    • Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. Reference. Exness (Cy) Ltd operates under the website www.exness.eu.
    • Exness (UK) Ltd is an Investment Firm, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729. Reference.
      Exness (UK) Ltd​ operates under the website www.exness.uk.

    NB: Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more and registration details.

  • Is Exness regulated in India?

    Well, exness broker is regulated in different countries with some foreign regulators but unfortunately, it is not regulated in India. That means this broker does not have legal authorizations.

    You may know, none of any retail brokers are regulated in India as a part of India’s central bank and currency exchange policies.

    But still, you can trader with exness and use all of its services and facilities without having any issues. As you may know, Exness is a very reliable and Trustworthy Broker and operating its business since 20008. then the main factors of its popularity are mainly its strong regulations and outstanding trading facilities. To know more, please visit the broker website – www.exness.com

    Here we have listed the regulatory detailed information of this Broker. 

    • Nymstar Limited is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. Reference
    • Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. Reference. Exness (Cy) Ltd operates under the website www.exness.eu.
    • Exness (UK) Ltd is an Investment Firm, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729. Reference.
      Exness (UK) Ltd​ operates under the website www.exness.uk.

    NB: Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more and registration details.

  • Does Exness allow EA?

    Exness allows using EA or ROBOT for automatic trading. They are offering Free VPS to all of their clients for a stable server connection. This server is being widely used for Automatic Trading. You can Install any EA to broker Trading platforms such as MT4 or MT5 but we suggest to use MT5 because this trading platform is a bit advanced and more user friendly for EA Based trading.

    For more information can be found at the broker website – www.exness.com

  • Is Exness regulated in South Africa?

    Well, exness broker is regulated in different countries with some foreign regulators but unfortunately, it is not regulated in South Africa. That means this broker does not have FSCA Regulation.

    But still, you can trade with excess and use all of its services and facilities without having any issues. As you may know, Exness is a very reliable and Trustworthy Broker and operating its business since 20008. then the main factors of its popularity are mainly its strong regulations and outstanding trading facilities. To know more, please visit the broker website – www.exness.com

    Here we have listed the regulatory detailed information of this Broker. 

    • Nymstar Limited is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. Reference
    • Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. Reference. Exness (Cy) Ltd operates under the website www.exness.eu.
    • Exness (UK) Ltd is an Investment Firm, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729. Reference.
      Exness (UK) Ltd​ operates under the website www.exness.uk.

    NB: Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more and registration details.

  • How do you trade Exness?

    The process is too simple to start. First of all, you need to make yourself registered on Broker official Website – www.exness.com

    Here are the few steps that you need to follow.

    • Make a registration from the Broker website by using your Email Address and Set a Password. You can learn the detailed process from our Exness Registration Article.
    • Complete your Trading Profile and make it verify. You can learn the details from Exness Verification article.
    • Choose your trading account as Exness offers variety of trading accounts as per clients need. such as Cent Account, Standard Account, Zero Account, RAW Acount and Pro Account. Choose any of these from your client cabinet.
    • Make your first deposit by using any of your preffered payment gateway. But we do always reccomed to use Neteller or Skrill because it is safe and secure. You can learn the detailed deposit pocess by reviewing our Exness Deposit article.
    • Download any of your preffered Trading Platform. You can use your smartphone or PC for these. You can choose any of these from the mentioed link – MT4, MT5, Mobile
    • Start Trading based on your perfect trading stratgies.

    Good Luck!

  • Is Exness regulated?

    Exness is operated by Nymstar Limited is a Securities Dealer registered in Seychelles. This broker is mainly popular just because of its strong regulation and outstanding customer support. Here is the detailed information about Exness Regulation as follows.

    • Nymstar Limited is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. Reference
    • Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. Reference. Exness (Cy) Ltd operates under the website www.exness.eu.
    • Exness (UK) Ltd is an Investment Firm, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729. Reference.
      Exness (UK) Ltd​ operates under the website www.exness.uk.

    NB: Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more and registration details.

  • Where is Exness?

    Exness was mainly Cyprus based Broker established in 2008. Currently, all of its operations and services are owned by Nymstar Limited which is located in Seychelles. The registered office of Nymstar Limited is at F20, 1st floor, Eden Plaza, Eden Island, Seychelles.

    Exness Trading servers are mainly stated in the Netherlands. You can find more information from the Broker Website – www.exness.com

  • How do I open a real account on Exness?

    Well, it is pretty simple. To open a real trading account you need to register yourself first. Please visit the broker official Website – www.exness.com and then create an account by using your registered email ID and set a password.

    Here are some steps that you need to follow –

    • Open Broker Website – www.exness.com
    • Find the “New Account” Form and fill with your details such as your Region, valid email address, and then set a Password.
    • After Registering Successfully, you will get a confirmation email with some valid details that you need to follow to complete your registration profile.
    • Please check those details in the email and act as per instructions.

    If you want to know more about the detailed account registration process then please have a look at our Exness Registration article.

  • Is Exness trusted?

    Exness Broker is operating its financial services since 2008 and till now, this broker is reliable and trustworthy for its strong regulation and trading privileges. This broker is well-known for its Low Spread, outstanding support, and fully automatic payment processing system.

    From our experience, this the only retail broker who processes any financial transactions automatically. that means like deposit, you can withdraw your available funds within a second. 

    Exness is operated by Nymstar Limited is a Securities Dealer registered in Seychelles. This broker is mainly popular just because of its strong regulation and outstanding customer support. Here is the detailed information about Exness Regulation as follows.

    • Nymstar Limited is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. Reference
    • Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. Reference. Exness (Cy) Ltd operates under the website www.exness.eu.
    • Exness (UK) Ltd is an Investment Firm, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729. Reference.
      Exness (UK) Ltd​ operates under the website www.exness.uk.

    NB: Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more and registration details.

  • Can Exness be trusted?

    Can Exness be trusted? – Exness Broker is operating its financial services since 2008 and till now, this broker is reliable and trustworthy for its strong regulation and trading privileges. This broker is well-known for its Low Spread, outstanding support, and fully automatic payment processing system.

    From our experience, this the only retail broker who processes any financial transactions automatically. that means like deposit, you can withdraw your available funds within a second. 

    Exness is operated by Nymstar Limited is a Securities Dealer registered in Seychelles. This broker is mainly popular just because of its strong regulation and outstanding customer support. Here is the detailed information about Exness Regulation as follows.

    • Nymstar Limited is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. Reference
    • Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. Reference. Exness (Cy) Ltd operates under the website www.exness.eu.
    • Exness (UK) Ltd is an Investment Firm, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729. Reference.
      Exness (UK) Ltd​ operates under the website www.exness.uk.

    NB: Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more and registration details.

    Bottom line: If you are asking Can Exness be trusted? Our opinion is, Yes! this broker is completely reliable and trustworthy because of its strong regulations and Financial Transparency. Broker regularly publish their Financial Reports from their website and a full audit report prepared by UK-based Audit firm name Deloitte. You can check it here

  • Is Exness Trustworthy?

    Is Exness Trustworthy? – Exness Broker is operating its financial services since 2008 and till now, this broker is reliable and trustworthy for its strong regulation and trading privileges. This broker is well-known for its Low Spread, outstanding support, and fully automatic payment processing system.

    From our experience, this the only retail broker who processes any financial transactions automatically. that means like deposit, you can withdraw your available funds within a second. 

    Exness is operated by Nymstar Limited is a Securities Dealer registered in Seychelles. This broker is mainly popular just because of its strong regulation and outstanding customer support. Here is the detailed information about Exness Regulation as follows.

    • Nymstar Limited is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. Reference
    • Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. Reference. Exness (Cy) Ltd operates under the website www.exness.eu.
    • Exness (UK) Ltd is an Investment Firm, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729. Reference.
      Exness (UK) Ltd​ operates under the website www.exness.uk.

    NB: Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more and registration details.

    Bottom line: If you have a question Is Exness Trustworthy? in your mind. Our opinion is, Yes! this broker is completely reliable and trustworthy because of its strong regulations and Financial Transparency. Broker regularly publish their Financial Reports from their website and a full audit report prepared by UK-based Audit firm name Deloitte. You can check it here

  • Is Exness a good forex broker?

    Is Exness a good forex broker? – If you want to know our view then the answer will be YES. Exness is a reliable and Good broker for any type of trading. That means, if you are a Currency trader or want to invest in stock then we recommend using this broker for their outstanding facilities and strong regulation.

    Since 2008 this broker is serving its traders in 17 different languages to feel their traders at home. Behind the mass popularity, the main advantages are their Instant Payment System.

    From our experience, Exness is the only broker that processes any financial transactions automatically. It does not matter if you want to deposit or want o to withdraw funds from your trading account. Requests will be processed in a matter of seconds.

    So, you can trust this broker and start trading right now without any hesitation or confusion. more information can be found on the broker website – www.exness.com

    To know more about their regulation and License details, please view this topic. Reference

FBS Broker 1 question
  • Is FBS real or Fake?

    Is FBS real or fake? – FBS Broker is operating its financial services since 2010 and till now, this broker is reliable and trustworthy for its strong regulation and trading privileges. This broker is well-known for its Low Spread, outstanding support, and different types of trading accounts.

    From our experience, this broker is ideal for those who want to start their trading journey as a newbie. From their Micro Account to ECN account, you can just only start trading by depositing as low as $1.

    FBS is operated by FBS Markets Inc. is a Securities Dealer registered in Belize. This broker is mainly popular just because of its strong regulation and outstanding customer support. Here is the detailed information about Exness Regulation as follows.

    • FBS Markets Inc.; Registration No. 119717; FBS Markets Inc is regulated by IFSC, license IFSC/000102/124 Reference
    • FBS (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the name of Tradestone Limited with license number 353534. Reference.
      Tradestone Limited operates under the website www.fbs.eu; www.fbs.eu; www.fbs.com; www.esfbs.com; www.fbs-china.cn; www.fbs-india.com; www.fbs.ae; www.fbs.co.th; www.fbs.com; www.fbs.com.bd; www.fbsfx.pk; www.fbsmy.com; www.frbfs.com; www.fxfbs-idn.com; www.jpfbs.com; www.kofbs.com; www.laofbs.com; www.ptfbs.com; www.trader-fbs.online; www.vnfbs.com;

    NB: Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more.

    You can find more information at the broker’s official website – www.fbs.com

    We can find more information in the website’s FBS Broker section. We have added a FAQ section where you can find the most common answers. Please refer to the FBS FAQ Section to learn more.
ICMarkets Broker 22 questions
  • What is the minimum deposit for IC markets?

    To start trading with IC Markets, you need to deposit at least $200 for any of the broker available trading accounts. This deposit amount requires for the very first time if you want to start trading on this broker.

    After that, you can deposit any amount as per your preferences. More information can be found on the broker official website – www.icmarkets.com

  • Is IC markets good broker?

    Trading with IC Markets Broker is safe because of its strong Regulation. This Broker is regulated by Top-Level Authorities. Australian Securities and Investments Commission in short ASIC, considered by a top-level regulatory commission of Australia. More details can be found on the broker website – www.icmarkets.com

    Regulation Details:

    • CySEC: IC Markets (EU) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission with License Number 362/18, registration number 356877, and with registered office at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus.
    • ASIC: International Capital Markets Pty Ltd (ACN 123 289 109), trading as IC Markets, holds an Australian financial services license (AFSL No. 335692) to carry on a financial services business in Australia, limited to the financial services covered by its AFSL. The trading name, IC Markets, used by International Capital Markets Pty Ltd is also used by other entities.
      Operating services under this domain: www.icmarkets.com.au
  • How long does IC markets withdrawal take?

    Fund Withdrawal Processing time varies from different payment methods. If you are using Neteller or Skrill or other instant payment methods then the fund process usually takes up to 5 hours. But you need to make sure, your payment request will be created within Broker Financial hour.

    If you create a withdrawal request within 12:00 AEST/AEDT from Monday to Friday then the broker will execute it within the next 4/5 hours. Otherwise, the withdrawal requests will be processed on the following business day.
    • Credit Card Payments: If you want to withdraw by using your credit card then it will take 3-5 days depends on your card processing time.
    • International Bankwire Transfers: If you want to withdraw by using Bankwire transfers then it will take up to 14 days depends on your bank processing time.
    • Local Bankwire Transfers: If you are a resident of Australia then no transaction fees will apply and funds will be processed within the following day.

    These are some available payment methods and their processing time. If you want to know more then, please have a look at the broker website – www.icmarkets.com

  • Does IC Markets charge commission?

    If you are using a Broker Standard Trading Account then no other commission with be charged except Spread. For RAW Spread Account, a $3.5/lot commission will be charged for a single entry.

    It is because RAW spread accounts’ spread starts from “0” and according to the ers website, around 95% time it remains 0 in most of the r currency pairs. So, the er slightly add a commission on a per-lot basis.

    Detailed information can be found on the broker official website – www.icmarkets.com

  • Does IC markets give bonus?

    Unfortunately, IC Markets does not offer any regular bonus campaign like Deposit bonus or No deposit bonus for their clients. But in some cases, the broker runs some reward-based campaign for their traders. such as Rebate Rewards.

    If the broker lunch any specific bonus offer then they will make you informed by sending email to their clients. or you can check the broker website for more info – www.icmarkets.com

  • Can I use IC markets in UK?

    IC Markets is a global based retail forex broker, operating its business from Australia. Currently, broker support account registration from the UK and other Europian Countries. Outside of Australia, the broker offers its services by using its CySEC Regulation operated on www.icmarkets.com domain.

    IC Markets (EU) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission with License Number 362/18, registration number 356877, and with registered office at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus.

    On the other hand, if you are an Aussie then you can use their ASIC Regulated Services provided by International Capital Markets by their domain  – www.icmarkets.com.au

    International Capital Markets Pty Ltd (ACN 123 289 109), trading as IC Markets, holds an Australian financial services license (AFSL No. 335692) to carry on a financial services business in Australia, limited to the financial services covered by its AFSL. The trading name, IC Markets, used by International Capital Markets Pty Ltd is also used by other entities.
  • Does IC markets accept UK clients?

    IC Markets is a global based retail forex broker, operating its business from Australia. Currently, broker support account registration from the UK and other Europian Countries. Outside of Australia, the broker offers its services by using its CySEC Regulation operated on www.icmarkets.com domain.

    IC Markets (EU) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission with License Number 362/18, registration number 356877, and with registered office at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus.

    On the other hand, if you are an Aussie then you can use their ASIC Regulated Services provided by International Capital Markets by their domain  – www.icmarkets.com.au

    International Capital Markets Pty Ltd (ACN 123 289 109), trading as IC Markets, holds an Australian financial services license (AFSL No. 335692) to carry on a financial services business in Australia, limited to the financial services covered by its AFSL. The trading name, IC Markets, used by International Capital Markets Pty Ltd is also used by other entities.
  • Is ICMarkets a legit broker?

    Is ICMarkets a legit broker? – To know the details about broker legitimacy, you need to understand the broker regulation first. ICMarkets is well known in forex markets and offering its trading services since 2007. Since then, this broker is well known among forex traders for its different trading account facilities and strong regulations.

    ICMarkets broker is regulated by Top-Level regulatory authorities. This Broker has been regulated by ASIC and CySEC.

    IC Markets Broker is Founded in 2007, Operated by International Capital Markets located in Australia. IC Markets Broker mainly offers its services to two types of clients.
    • Residents in Australia: They can use the www.icmarkets.com/au domain. This domain is regulated by ASIC under the Australian financial services license (AFSL No. 335692) to carry on a financial services business in Australia, limited to the financial services covered by its AFSL. The trading name, IC Markets, used by International Capital Markets Pty Ltd is also used by other entities.
    • Residents Except for Australia: They can use the www.icmarkets.com/sc domain. This domain is regulated by CySES under the Cyprus Securities and Exchange Commission with License Number 362/18, registration number 356877, and with registered office at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus.
    • Restricted Regions: IC Markets does not accept applications from residents of the U.S, Canada, Israel, New Zealand, Japan, and the Islamic Republic of Iran. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
  • Where is IC markets located?

    IC Markets Broker is Founded in 2007, Operated by International Capital Markets located in Australia. This broker has a strong regulation from Top Level authorities. IC Markets Broker mainly offers its services to two types of clients.

    1. Residents in Australia: They can use the www.icmarkets.com/au domain. This domain is regulated by ASIC under the Australian financial services license (AFSL No. 335692) to carry on a financial services business in Australia, limited to the financial services covered by its AFSL. The trading name, IC Markets, used by International Capital Markets Pty Ltd is also used by other entities.
    2. Residents Except for Australia: They can use the www.icmarkets.com/sc domain. This domain is regulated by CySES under the Cyprus Securities and Exchange Commission with License Number 362/18, registration number 356877, and with registered office at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus.
    3. Restricted Regions: IC Markets does not accept applications from residents of the U.S, Canada, Israel, New Zealand, Japan, and the Islamic Republic of Iran. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
  • Is IC Markets legal in India?

    None of any retail forex brokers are authorized and legally registered in India. According to, Securities and Exchange Board of India (SEBI), forex brokers are not required to authorize to ao accept residents of India as customers.

    But, any residents from India can open a trading account in IC Markets Broker and use all of its services without having issues.

    More information can be found at the broker website – www.icmarkets.com

    IC Markets Broker supports global clients except for the U.S, Canada, Israel, New Zealand, Japan, and the Islamic Republic of Iran. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
  • What type of broker is IC markets?

    IC Markets is a reputable online retail forex broker owned and operated by International Capital Markets located in Australia and regulated by Top-level authorities of ASIC. This Standard Lot forex broker is founded in 2007 and located at Level 6 309 Kent Street Sydney, NSW 2000.

    If you are an Aussie then you can use their services by using their www.icmarkets.com.au domain.

    For global clients except for the U.S, Canada, Israel, New Zealand, Japan, and the Islamic Republic of Iran, the broker offers its services registered and regulated by IC Markets (EU) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission with License Number 362/18, registration number 356877 and with registered office at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus and their services are offered by www.icmarkets.com website.

    IC Markets is very popular for its low spread trading facilities and outstanding support team. This Standard lot broker offered two types of trading account as a Standard Trading Account and RAW Trading Account.

  • Is IC Markets halal?

    IC Markets forex broker offers, Islamic Trading Account known as Swap-Free Account for Muslim Traders. To avail of a swap-free account, traders need to submit some documents as proof of their regional authenticity to the broker support team.

    The Swap-Free options are available for both of their trading accounts in the RAW and Standard Trading account. More information can be found on the broker official website – www.icmarkets.com

  • Does IC Markets have Nasdaq?

    You can Trade on CFDs in the IC Markets Broker trading account. According to the Broker’s official Website, they have mentioned: “IC Markets single stock CFD gives traders the ability to trade the world’s most popular companies such as Apple, Facebook or BHP Billiton.”

    You can also trade currencies, commodities, stocks, bonds, and futures derivatives. For Stock trading, IC Markets broker the lowest spread for trading in their offered trading accounts. You can find more information from the broker website – www.icmarkets.com

  • How can I withdraw IC market?

    You can easily withdraw your funds from the trading account by creating a withdrawal request from your client cabinet. Here are necessary steps you need to follow-

    • Login to your Client Cabinet by using your registered email and password.
    • From your dashboard, please click “Withdraw Funds” under the “Transfers” option from the heading menu area.
    • Here you need to select your preferred payment system, trading account ID, and set the withdrawable amount.
    • Hit the “Submit” button and wait to execute your request and you are done.

    Detailed fund withdrawal instruction has been documented in our IC Markets Withdrawal Article. please read it from your end.

  • Are IC markets regulated?

    Yes! IC Markets broker is regulated by Top-Level regulatory authorities. This Broker has been regulated by ASIC and CySEC.

    IC Markets Broker is Founded in 2007, Operated by International Capital Markets located in Australia. IC Markets Broker mainly offers its services to two types of clients.
    1. Residents in Australia: They can use the www.icmarkets.com/au domain. This domain is regulated by ASIC under the Australian financial services license (AFSL No. 335692) to carry on a financial services business in Australia, limited to the financial services covered by its AFSL. The trading name, IC Markets, used by International Capital Markets Pty Ltd is also used by other entities.
    2. Residents Except for Australia: They can use the www.icmarkets.com/sc domain. This domain is regulated by CySES under the Cyprus Securities and Exchange Commission with License Number 362/18, registration number 356877, and with registered office at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus.
    3. Restricted Regions: IC Markets does not accept applications from residents of the U.S, Canada, Israel, New Zealand, Japan, and the Islamic Republic of Iran. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
  • Does IC markets accept Canadian clients?

    Unfortunately, No! IC Markets brokers offer to use its financial trading services globally except for the U.S, Canada, Israel, New Zealand, Japan and Islamic Republic of Iran. So, none of any can register and start trading from the above-mentioned countries. Details information can be found on the broker website – www.icmarkets.com

  • Can I use IC Markets in Nigeria?

    IC Markets is a global based retail forex broker, operating its business from Australia. Currently, the broker support account registration from Nigeria and other countries except for the U.S, Canada, Israel, New Zealand, Japan, and the Islamic Republic of Iran.

    Outside of Australia, the broker offers its services by using its CySEC Regulation operated on www.icmarkets.com domain.

    IC Markets (EU) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission with License Number 362/18, registration number 356877, and with registered office at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus.

    On the other hand, if you are an Aussie then you can use their ASIC Regulated Services provided by International Capital Markets by their domain  – www.icmarkets.com.au

    International Capital Markets Pty Ltd (ACN 123 289 109), trading as IC Markets, holds an Australian financial services license (AFSL No. 335692) to carry on a financial services business in Australia, limited to the financial services covered by its AFSL. The trading name, IC Markets, used by International Capital Markets Pty Ltd is also used by other entities.
  • What is IC SC?

    Here IC represents, IC Markets and SC represents, Seychelles

    IC Markets (EU) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission with License Number 362/18, registration number 356877, and with registered office at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus.

    IC Markets broker offers its services to all other residents except Australia under the regulation of Seychelles with Company number: 8419879-2, trading as IC Markets (SC), regulated by the Financial Services Authority of Seychelles with a Securities Dealer Licence Number: SD018. The website is operated by IKBK Holdings Ltd, registered in Cyprus with Registration Number: 362049 and registered address at 38 Karaiskaki street, Kanika Alexander Center; Block 1, 1st Floor, Flat/Office 113B, 3032, Limassol, Cyprus. Serving its services under www.icmarkets.com domain.

    So, if you are viewing IC Markets (SC) that means, this domain is operated under Seychelles regulation. 
  • Does IC markets accept Paypal?

    IC Markets offers various ways to deposit funds into a trading account. From instant payment methods like Neteller, Skrill, PayPal, Perfect Money to Bank Wire transfer, and Credit Card Deposit.  More information can be found on the broke website – www.icmarkets.com

    If you are an Aussie then you can get the facilities to transfer funds directly from your local bank to your trading account.
  • What is IC Trading?

    IC Markets is located in Australia and regulated by the Australian Securities and Investments Commission in short ASIC. This Broker has found in 2007 and very much well known for Low Spread Based trading.

    You can start trading by depositing $200 and use their financial services. Broker does offer to trade in currencies, derivatives, indices, and CFD’s. To know more about IC Markets, please refer to the broker website – www.icmarkets.com

  • Is IC Markets legal in Bangladesh?

    None of any retail forex brokers are authorized and legally registered in Bangladesh. According to, Bangladesh Securities and Exchange Commission (SEC), forex brokers are not required to authorize to accept residents of Bangladesh as customers.

    But, any residents from Bangladesh can open a trading account in IC Markets Broker and use all of its services without having issues.

    More information can be found at the broker website – www.icmarkets.com

    IC Markets Broker supports global clients except for the U.S, Canada, Israel, New Zealand, Japan, and the Islamic Republic of Iran. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

    Till today, there are no specific rules or regulations for forex trading in Bangladesh so, Trading is not illegal here but Broker is not permitted to operate its business as a regional office. But you can easily make a registration with this broker and start trading without any problem. If you want to know more details then please have a look at our ICMarkets Segment.

  • Does IC Markets allow scalping?

    Scalping Trading is allowed in IC Markets. The broker does offer different accounts, especially their RAW Spread Account is mainly designed for scalping trading. You can use all of their offered cTrader, MT4, and MT5 trading platform.

    Also, you can use Expert Advisors (EA) and robots for automatic trading without having any issues or problems. More information can be found in the broker official website – www.icmarkets.com

Instaforex 3 questions
  • Instaforex 500 bonus terms and conditions

    Instaforex 500 bonus terms and conditions

    1. General provisions

    1.1. The campaign’s name is “$500 Affiliate Reward” (hereinafter referred to as Campaign).

    1.2. The Campaign is organized by InstaForex Group (hereinafter referred to as Organizer).

    1.3. The Campaign is carried out to:

    • – award InstaForex partners the money bonus worth five hundred ($500) U.S. dollars provided that the partner’s affiliate group consists of no less than 10 active customer accounts.

    1.4. An active customer account is the customer trading account on which the number of executed market lots since the beginning of the campaign (1 market lot equals 10 InstaForex lots) exceeds 0.2% of the average profit received. That is 2 market lots (20 InstaForex lots) should be traded per each $1,000 of the deposit.

    1.5. If a partner is an individual and his affiliate group consists of his personal trading accounts, his close relatives’ accounts, he cannot receive a five hundred ($500) U.S. dollar bonus. If a partner is a legal entity and his affiliate group consists of personal trading accounts of founders or their close relatives’ trading accounts, he cannot receive the bonus as well.

    1.6. InstaForex Antifraud Department is entitled to check out and decline every bonus application in case of suspected fraudulent activity.

    2. Eligibility and entry requirements

    2.1. Participation in this Campaign is open to all existing partners of InstaForex aged 18 years or over who are legally capable (hereinafter referred to as Participant).

    2.2. In order to become a Participant in the $500 Affiliate Reward campaign, you need to register for the Campaign.

    2.3. Every loyal partner of InstaForex can partake in the Campaign.

    3. Bonus recipient determination

    3.1. Determination of Recipients of the bonus within the $500 Affiliate Reward campaign (hereinafter referred to as Recipient)

    3.1.1. While checking out bonus applications, Partner Relations Department takes into account customer trading accounts comprising the partner’s group, the total deposits of which equal or exceed five hundred ($500) U.S. dollars for every customer account.

    4. Bonus receipt

    4.1. General provisions

    4.1.1. The bonus of five hundred ($500) U.S. dollars shall be credited to a customer trading account opened for a partner no later than one week after being notified of getting the bonus by the Partner Relations Department.

    4.1.2. A partner can receive a five hundred ($500) U.S. dollar bonus to an unlimited number of affiliate accounts.

    4.1.3. After the Recipient is determined, the Organizer validates information about the Participant and his compliance with the Campaign terms and conditions. If the information provided is not true, and if the Participant is not eligible to take part in the Campaign, the bonus prize draw is considered void.

    4.1.4. The bonus shall be credited to a partner’s trading account only if he has no less than 10 active customer trading accounts in his affiliate group as of the time of consideration of his bonus application. The bonus of five hundred ($500) U.S. dollars shall be credited only once for all the time of using an affiliate account.

    4.1.5. If the affiliate group comprises several accounts opened under the same name, the one with the biggest deposit on it shall be accepted for the campaign.

    4.1.6. When a partner receives the bonus of five hundred ($500) U.S. dollars, he is not obliged to provide an identification document, however, the company reserves the right to request such information in the future.

    4.2. Withdrawal of the bonus gained within the Campaign

    4.2.1. A partner can withdraw the bonus of five hundred ($500) U.S. dollars after BUY or SELL trades are completed with volume totaling X*3 InstaForex lots, where X=total volume of received bonuses (the total volume of bonuses is taken into account, including canceled or partly lost bonuses). For RUR accounts the volume of trade is calculated according to the following formula: X*3/30 (InstaForex lots). For EUR accounts the formula is as follows: X*3*1.4 (InstaForex lots). Only the full part of the bonus can be withdrawn, partial withdrawal is impossible. Any profit made over the bonus amount can be withdrawn without any restrictions.

    5. Final provisions

    5.1. The Campaign terms and conditions apply exclusively to new deposits of the partner’s customers referred since the start of the Campaign. The start date of the Campaign is.

    5.2. Organizer takes measures to protect the data and information related to the Campaign against unauthorized access and is not obliged to provide information related to the Campaign to third parties.

    5.3. Any dispute or disagreement arising out of or in connection with this Campaign or its result shall be resolved through negotiation.

    5.4. Individuals who participate in the Campaign imply their familiarization and full consent to all terms and conditions of the Campaign.

    5.5. If the Recipient of the bonus of the Campaign refuses to comply with all its terms and conditions, his participation in the Campaign is subject to cancellation.

    5.6. The Company reserves the right to refuse to grant a bonus without giving reasons.

    5.7. The Company reserves the right to cancel the bonus of five hundred ($500) U.S. dollars without prior warning, so we strongly recommend that you do not use bonus funds in the calculation of profit in your trading strategy.*

    *This point is aimed at preventing fraudulent activity with the bonus system, but its application does not mean that all the accounts barred from receiving bonuses they gained earlier are declared as violated any rule because in some cases it is impossible to unambiguously determine the fact of the rule’s violation. There is a 10% chance that an erroneous cancellation of the bonus within the struggle against unscrupulous usage of the bonus system would take place.

  • Can you withdraw InstaForex Bonus?

    Can you withdraw InstaForex Bonus? – InstaForex Broker offers several types of bonuses for their clients. Each and every trader can use such bonus offers for their real trading and these bonus amounts are available for withdrawal.

    Seems Cool right? Actually, you can only withdraw this bonus amount if you have met the bonus terms completely. These terms vary based on the different bonus offers.

    30% Deposit Bonus

    If you deposit $100 and receive a 30% deposit bonus equals $30 then you need to trade 30*3 = 90 Insta lots. The equation is (Bonus Amount * 3 Lots).

    Here is a quick summary.

    30% Deposit Bonus
    Profit withdrawal Allowed
    Verification Not required
    Maximum bonus amount Unlimited
    Crediting principle For each new deposit
    Compatible bonuses None
    Availability for new customers Available
    Availability for multiple account holders Available
    Lots for bonus withdrawal  X*3 InstaForex lots, where X is the total amount of all bonuses received
    Maximum leverage 1:1000
    PAMM investing 50% only
    Options trading Not Available
    Stop Out 100%

    55% Deposit Bonus

    If you deposit $100 and receive a 55% deposit bonus equals $55 then you need to trade 30*6 = 180 Insta lots. The equation is (Bonus Amount * 6 Lots).
    55% Deposit Bonus
    Profit withdrawal Allowed
    Verification Not required
    Maximum bonus amount Unlimited
    Crediting principle For each new deposit
    Compatible bonuses None
    Availability for new customers Available
    Availability for multiple account holders Available
    Lots for bonus withdrawal  X*6 InstaForex lots, where X is the total amount of all bonuses received
    Maximum leverage 1:200
    PAMM investing 50% only
    Options trading Not Available
    Stop Out 100%

    100% Deposit Bonus

    If you deposit $100 and then you will receive a 100% deposit bonus equals $100. Broker does not offer to withdraw this bonus amount but profit is withdrawable.
    100% Deposit Bonus
    Profit withdrawal Allowed
    Verification Second level
    Maximum bonus amount Unlimited
    Crediting principle For the first deposit only
    Compatible bonuses None
    Availability for new customers Available
    Availability for multiple account holders Available
    Lots for bonus withdrawal Unwithdrawable
    Maximum leverage 1:200
    PAMM investing Not Available
    Options trading Not Available
    Stop Out 100%

    Please be noted that you can also partially withdraw profits from your trading account if you want. You can calculate how many amounts you can withdraw by using any of the above-mentioned bonus offers. Just log in to your client dashboard to calculate your bonus amount.

  • Is InstaForex a good broker?

    Is InstaForex a good broker? – If you want to know our view then the answer will be YES. Instaforex is a reliable and Good broker only for beginners. That means, if you are a beginner and want to invest in Real Trading then we recommend using this broker for their outstanding facilities and offered bonuses.

    Since 2008 this broker is serving its traders in 17 different languages to feel their traders at home. Behind the mass popularity, the main advantages are their different bonus offers and fixed spread systems.

    From our experience, Instaforex is ideal for those who want to test drive the real market and want to invest a little amount to check how real trading works.

    So, you can trust this broker and start trading right now without any hesitation or confusion. more information can be found on the broker website – www.instaforex.com

    Please be noted, if you are a professional trader or looking for the best option then Instaforex might not be for you. We do not recommend anyone who wants to invest more than $500 for real trading.

Skrill 17 questions
  • Is it safe to use Skrill?

    If you are thinking about security, then our answer is Yes! Skrill is the most secure payment system in the market right now. they are using 3D Secure technology from Marchent to Clients End. That means, it is not possible to encrypt any of your personal information without your proper authorization to any third parties.

    Skrill is regulated and complied with FCA regulation and located in London founded in 2001. Since then, this company is very much well known and popular among Forex traders for depositing and withdrawing funds from clients to broker end.

    So, you can completely rely on Skrill and its services and use it for your needs whether you want to invest in Forex or Binary trading or can use it as a payment system of online merchants. More information can be found on Skrill Website – www.skrill.com

  • Where can I use Skrill?

    Skrill offers merchant payment service for online transactions. If any website or e-commerce site allows Skrill to transect payment then you can use it by sending payments to them.

    In most cases, skrill is very much popular in sending payments for Online Casinos, Betting sites, Forex, and Binary trading Broker. If you want to invest in Forex Trading then Skrill will be the best option for investors and withdraw funds from the broker to your local bank account.

    On the other hand, you can use the skrill card to any Master Card Supported ATM globally. You can use this skrill card just like your ordinary Prepaid Card and use it for regular online payments and POS Transactions worldwide. Your Skrill Card is the first instant withdrawal option to be launched by Skrill. To know more about Skrill and Skrill Prepaid Card, please have a look on the Skrill official website – www.skrill.com

  • How does Skrill work?

    Skrill works instant payment methods like Neteller or PayPal but the main advantage is, it the most secure payment system on the planet earth. Yes! it is the most secure and that is why it so much popular among those who want to invest their capitals in Forex Trading.

    You can use skrill as of your regular wallet to deposit, transfer, and withdraw funds operating by 24/7. Skrill is founded in 2007 and operated by Paysafe Inc. regulated by FCA, located in London.

    You can find more information on the skrill website – www.skrill.com

  • Can you get scammed on skrill?

    Skrill is the most popular payment system for online Forex Traders and Merchants. But in some cases, there is some major controversy that, skrill corporations freeze your account and block all of your money. It is true but not in general.

    Skrill has a strong regulation of FCA and due to its strict regularity, the user must have followed all of their terms and conditions. If anyone failed to obey these terms, then skrill will block and take some serious actions from their end.

    Skrill uses 3D secure Payment security for both the Senders and receivers. So, if you do not comply with skrill terms then you are not cable of using its services and as a result, they will block your account completely.

    So, it is necessary to know the details of their account uses terms and conditions. To know more, pleaser refers to the skrill website – www.skrill.com

    From our personal experience, we are using skrill since 2013 and it is working smoothly without having a single issue. So, we recommend using Skrill and its services for investing Forex or Binary Trading.

    Most of the time, Internet IPs, registering different accounts under the same name and use with the same internet IP is the most common problem that skrill take some serious actions. It is strongly prohibited for skrill users.
  • How long does it take to receive money through Skrill?

    Money sent through skrill to skrill account transfer has been processed instantly. If you sent funds from your skrill account to another skrill user then the funds will be sent in a second.

    But the overall fund processing time varies from the way the money has been delivered. Here, we can list some of the available methods.

    • If you use Credit Card to upload money to your Skrill wallet, then it will process in seconds.
    • If you use Neteller Account to upload money to your Skrill wallet, then it will process in seconds.
    • If you transfer skrill funds to another skrill account then funds will be processed instantly.
    • If you use your Bank Account to Upload fund in your skrill account then it will take 3-7 business days.

    More information can be found on the Skrill website – www.skrill.com

  • Why does Skrill want my SSN?

    Skrill is regulated by top-level authorities so, they often ask to complete your account by providing necessary documents. In some regions, the user needs to provide their SSN or Social Security Number to verify their user account.

    This information is needed to comply with Electronic Fund Processing rules and the anti-money laundering act for avoiding illegal funds transactions. If SSN is required then you need to submit the details for your account verification. For more information can be found on the Skrill website – www.skrill.com

    But you do not need to worry because all of your submitted documents are safe and stored in a secured data server according to EEU guidelines.
  • Is skrill free to use?

    Skrill Account is totally free for individual usage. But one condition will apply, users need to login and transact at least a single time within 12 months period. Otherwise, an administrative fee will be applied and charged to you.

    These administrative fees will be applied for various scenarios:

    • Provision of inaccurate or untruthful information and lack of cooperation fee (s. 4.5) up to EUR 150
    • Chargeback fee (s. 8.3) EUR 25 per chargeback.
    • Attempted cash upload fee (s. 8.12) EUR 10 per upload
    • Prohibited Transaction fees (s. 11) up to EUR 150 per instance.
    • Reversal of a wrong transaction fee (s. 12.7) up to EUR 25 per reversal attempt

    Detailed information can be found on the Skrill official website –www.skrill.com

  • Why do Skrill transactions fail?

    Sometimes, you may seem, your transections has been failed. it occurs due to some possible reasons.

    • If you skrill account was not created successfully.
    • If no funds or such exact amount will not available in your account.
    • If your account is not verified properly.
    • If you have entered the wrong Security Number or PIN while trying to send money to others.
    • If your account has been reached a certain transaction limit.
    • if some cases, skrill does not allow to transact funds.

    More detailed information can be found on the Skrill website – www.skrill.com

  • How do I get my money back from Skrill?

    You can get money back from skrill only if that transaction seems to be in pending status. To do that, please follow the below steps:

    • Login to your Skrill wallet first.
    • Please click the TRANSACTIONS tab and find your pending transaction history.
    • After clicking that specific transaction, a pop-up window with your transaction’s details will appear on the screen. Click on CANCEL TRANSACTION and then on YES.
    • CANCEL TRANSACTION. Once this is done, the transaction will be automatically canceled.

    We hope, you understand the procedure. One thing you need to remember, a refund can be done only if the transaction status is pending only. It the translation has been processed successfully then there is no way to ask for a refund.

    If you have seen any unauthorized transaction which is not made by you then it will be a serious issue and you need to communicate with skrill support to stop and claim a proper investigation. Detailed information can be found on the Skrill Website – www.skrill.com
  • Do you have to use your real name on Skrill?

    Skrill is regulated with Top Level regulatory authorities, FCA, and according to their regulations and to prevent anti-money laundering, the user must use their official name instead of using any surname or anything that does not prove the user identity.

    To complete the registration process, the user must have submitted their identity documents for profile verification. Otherwise, skrill does not allow anyone to use their services.

    For example, if you use a fake name to register an account then you will not be verified your account as you unable to submit an official document based on your fake name. We recommend all, if you want to use your skrill account then please register under your official name otherwise you will be in trouble. For information can be found at the official website – www.skrill.com

  • Does Amazon accept Skrill?

    Though more than 4000 online merchants support skrill as a regular online payment gateway, unfortunately, e-commerce giant Amazon does not accept it till now. In simple words, you can not use a skrill account while spending money on Amazon or its associated services.

    A detailed merchant list will be found on the Skrill website – www.skrill.com

  • Can you pay with Skrill?

    Skrill is the most reliable and secured online payment provider that allows you to securely pay to its associated online merchants. Though skrill is mainly used and popular to invest in Forex or Binary-related broker, you can also use it as a payment solution to other merchants’ sites like Aliexpress, Skype, and others.

    You can use Skrill to pay by credit card, debit card, bank transfer, or your Skrill eWallet account. For more information can be found on the skrill official website – www.skrill.com

  • How do I pay someone using Skrill?

    Sending Money transfer by using skrill is too much simple and easy process. You can send a minimum of $5 to a maximum of $50,000 in a single transaction. Please login to your account first and then select and click the “Send Money” option.

    • Please click your receiver skrill email id or user account phone number.
    • specify the amount that you want to send
    • select your fund sending currency.
    • Confirm your Security pin received by your email or registered phone number.
    • Click the “Confirm” button and the fund will send automatically.

    Detailed information can be found on the skrill official website – www.skrill.com

  • How do you pay on skrill?

    You can use your skrill wallet by spending money on any merchant that has been associated with skrill and accept online payment by skrill. To do so, make sure your skill wallet has filled with enough funds.

    if your online merchant accepts skrill payment then click on the skrill logo and follow the onscreen process. You need to login to your skrill account by using your registered email id and account password and then confirm the payment.

    Detailed information can be found on the Skrill website – www.skrill.com

    If you have a skrill card then you can use it as a general prepaid card and use it for shopping where the master card is accepted for payment worldwide. Also, you can use this skrill card to withdraw funds from any Master Card accepted ATM in the world.

  • Do you need a bank account for Skrill?

    Skrill is a standalone instant online payment service that you can use for any associated online merchants for payments. in most cases, forex and binary traders are using a skrill wallet to invest their funds in different brokers.

    You can add your bank account to deposit and withdraw funds from your skrill wallet but it is not necessary to add or have a bank account with skrill.

    But we recommend adding your bank account as it works as an additional level of security and can be helpful to you for the future if you face any security issues. More information can be found on the skrill official website – www.skrill.com

  • Does Skrill have a debit card?

    Skrill offers 2 types of cards for regular use.

    1. Virtual Card
    2. Prepaid Card

    A virtual card is issued under your account and you can use it only for any online shopping. This card does not allow us to withdraw funds to any ATM or any POS system. You can generate this virtual card by using your skrill cabinet. Here are some instructions that you need to follow to generate Skrill Virtual Card.

    • Simply click on the Skrill Card option on the left-hand side of your Skrill Account.
    • Within the Skrill Virtual Cards section, click on Get a Virtual Card.
    • Fill out the form by selecting the Card Currency – choose the currency that you do most of your shopping with to avoid foreign exchange fees; we recommend that you chose the currency of your account.

    Once your Skrill Virtual Prepaid Mastercard® is generated, you will notice the 16-digit card number appear on the screen, along with the Security Code (CVV) and the Expiry date. You can now use that Skrill Virtual generated card number at your favorite merchant just like your ordinary prepaid or credit card.

    Skrill Prepaid Card can be issued only for EU region clients. This prepaid card is known as a skrill prepaid card that can use from online transaction to cash withdraw form any Master Card supported ATMs globally. From March , 2018 skrill has restricted for all to use this card except for EU residents.

    This Prepaid Mastercard® can use like your general debit card and can use it worldwide without having any tourble. If you are a EU resident then can see a option to avail a master card after logging your skrill wallet. For non EU resident will not see any option to avail this Skrill Prepaid Master Card. You can find the detailed information on the Skrill website – www.skrill.com

  • Can I receive money on skrill without verification?

    You can use the skrill account without completing the verification. It is not necessary to make the verification if skrill does not ask you to complete your profile. Thus you can send or receive money from an unverified account but it applied some transactional limit.

    In general, the monthly transaction limit is around $175 but in some cases, it varies depends on the user account. To know your limit, you can just log in to your skrill cabinet and you will get the notice in your account dashboard.

    We do not recommend anyone to use the skrill account before verifying it completely.

    Please make sure that you have submitted all the necessary documents exactly. It is safer rather than use any non-verified account. Details information can be found on the Skrill Website – www.skrill.com

    If you want to know the detailed verification process, please refer to this article or You can watch the below tutorial for completing the account verification process.

    – Video Tutorial –

XM Broker 57 questions
  • How do I withdraw money from XM?
  • How much does it cost to start XM trading?
  • Is XM a CFD?
  • How much does it cost to start XM trading?
  • What is the minimum deposit for XM broker?
  • Is XM trading safe?
  • How does XM make money?
  • Can I withdraw XM bonus?
  • How much can you withdraw from XM?
  • Is XM a good broker?
  • How does XM credit work?
  • How do I claim $30 from XM?
  • How many XM accounts can I have?
  • How long does it take to validate XM account?
  • How do I deposit money into my XM account?
  • What is XM leverage?
  • Does XM allow scalping?
  • Does XM trade on weekends?
  • How does XM deposit bonus work?
  • How long does it take to get XM bonus?
  • What is XM ultra low?
  • What is account type in XM?
  • Does XM have nas100?
  • Is XM broker legal in India?
  • Does XM offer deposit bonus?
  • How do I deposit money into my XM broker?
  • Does XM accept Bitcoin?

    Does XM accept Bitcoin? – If you want to deposit funds via Bitcoin in your trading account then, first of all, make sure, your trading account has been registered under XM (Trading Point) Seychelles License.

    As this broker is regulated by different regulatory authorities so due to the regulatory terms, the residence from different countries got registered under some different regulatory conditions. For Example, if any residence belongs to EEA then the trading account will be registered under Trading Point (XM) FCA registration. 

    If you want to know the detailed Regulatory information of this broker please have a look at our XM Regulation article.

    So, if your account can be funded in Bitcoin, then you can find the details in your Client Cabinet. From your account dashboard, you may see a Bitcoin Icon.

    XM accept Bitcoin For Depositing and Withdrawal FundsPlease follow the below steps while Depositing funds via Bitcoin in your trading account.

    • After login into your Account Dashboard, Please click Deposit on the upper menu section.
    • Here you see Bitcoin Icon (If your account is authorized). Then please click on the “DEPOSIT HERE” Button.
    • After clicking this button, you need to specify the amount that you need to deposit.
    • Quick Response (QR) Code will appear right after. Please follow the code and the onscreen instructions.
    • Please make sure, this code will be valid only for the next 15 minutes. So, You must perform the deposit request within this time.
    Before you make a Bitcoin Deposit in XM Broker, please make sure you have acknowledged the below-mentioned information.
    • XM only accepts and processes Bitcoin deposits/withdrawals based on the instructions received by you. The total deposit amount made via Bitcoin needs to be withdrawn/refunded via the same method as per the company’s withdrawal procedure.
    • You will be able to make Bitcoin deposits up to USD 5,000 (or currency equivalent) per month.
    • The Bitcoin deposit process is not automatic. XM will credit your account within 60 minutes and notify you via email so that you can start trading immediately.
    • Please note that XM Broker will not receive the full amount you deposited because of the transfer processing fees. Nevertheless, XM will cover the balance of any fees charged for processing this transaction and will credit your account with the corresponding amount.
    • Please make sure that all payments are made from an account registered in the same name as your XM Trading account.

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • What is the minimum deposit for XM?

    What is the minimum deposit for XM? You can deposit as low as $5 in your trading account. But this amount varies from different account types. XM Broker offers mainly 4 types of trading account. Micro, Standard, Ultra-Low & Shares trading account.

    If you are using their Micro or Standard trading account then the minimum deposit amount will be $5. On the other hand, for ultra low account lowest deposit amount will be $50 and the Shares account requires $10,000 at least.

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • Is XM regulated in South Africa?

    Is XM regulated in South Africa? XM is one of the most trustworthy and reputed retail forex broker who got a license from Top level Regulatory bodies. Although this broker has some strong regulation, unfortunately, this is not legally authorized by The Financial Sector Conduct Authority (FSCA) of South Africa.

    But still, you can trade with XM and use all of its services and facilities without having any issues. As you may know, XM is a very reliable and Trustworthy Broker and operating its business since 20009. then the main factors of its popularity are mainly its strong regulations and outstanding trading facilities. To know more, please visit the broker website – www.xm.com

    XM is operated by Trading Point Group of Financial Instruments Limited, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). This broker is mainly popular just because of its strong regulation and outstanding customer support. Here is the detailed information about XM Broker Regulation as follows.

    • Trading Point Group of Financial Instruments Limited authorized and regulated by the Financial Conduct Authority (FCA) – (Temporary License number – 538324). Reference
    • Trading Point Group of Financial Instruments Limited authorized and regulated by the Australian Securities and Investment Commission (ASIC) – (License number – 443670).
    • XM Global Limited authorized and regulated by the International Financial Services Commission (IFSC) (license number 000261/158). Reference
    • Trading Point of Financial Instruments Limited authorized and regulated by Cyprus Securities and Exchange Commission (CySEC) (license number 120/10), are members of Trading Point Group. Reference
    Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more and registration details.

    So based on the question, Can XM Broker be trusted? Yes! you can start trading with this broker without any doubt. This broker has strong regulations and policies that make you comfortable to deal with. You can find the detailed information on this regulation on the broker official website – www.xm.com

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • Who is the owner of XM?

    Who is the owner of XM? XM Broker or XM Global is founded and operated by Trading Point Group and Constantinos Cleanthous is the founder of Trading Point Group. This broker has been founded in 2009 in Cyprus and right now it is operated in over 180 counties around the world. More detailed information can be found on XM Broker’s official Website – www.xm.com

    Constantinos Cleanthous is the founder of Trading Point Group. Constantinos oversees the corporate strategic management of the international group of companies. He has more than 15 years of experience in the financial services industry spanning forex trading, IPOs, and Mergers and Acquisitions.

    Constantinos graduated with a BSc in Business Mathematics and Statistics from The London School of Economics. He holds an MSc in Shipping, Trade, and Finance, from the City Business School. In addition, he also holds the Certificate of Professional Competence in accordance with MiFID (Markets in Financial Instruments Directive).

    Prior to founding Trading Point Group, he gained extensive experience in the initial and secondary public offering markets. Also within the M&A sector as a corporate financial consultant and as an interbank trader and fund manager in the foreign exchange, equities, and commodity markets for several Greek, Ukraine, and UK-based financial institutions.

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • Is XM trusted?

    Is XM trusted? XM Broker is operating its financial services since 20089 and till now, this broker is reliable and trustworthy for its strong regulation and trading privileges. This broker is well-known for its Low Spread, outstanding support, and different promos and offers.

    From our experience, XM Broker is one of the very few brokers who serve in a transparent way. Their outstanding customer support team is very helpful if you face any difficulties as they serve in several languages.

    XM is operated by Trading Point Group of Financial Instruments Limited, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). This broker is mainly popular just because of its strong regulation and outstanding customer support. Here is the detailed information about XM Broker Regulation as follows.

    • Trading Point Group of Financial Instruments Limited authorized and regulated by the Financial Conduct Authority (FCA) – (License number – 538324). Reference
    • Trading Point Group of Financial Instruments Limited authorized and regulated by the Australian Securities and Investment Commission (ASIC) – (License number – 443670).
    • XM Global Limited authorized and regulated by the International Financial Services Commission (IFSC) (license number 000261/158). Reference
    • Trading Point of Financial Instruments Limited authorized and regulated by Cyprus Securities and Exchange Commission (CySEC) (license number 120/10), are members of Trading Point Group. Reference
    Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more and registration details.

    So based on the question, Is XM trusted? Yes! you can start trading with this broker without any doubt. This broker has strong regulations and policies that make you comfortable to deal with. You can find the detailed information on this regulation on the broker official website – www.xm.com

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • How do I register a XM Trading Account?

    How do I register an XM Trading Account? – To register a trading account, please click on the broker’s official website www.xm.com and from there click on the “Open An Account” button.

    Here is a tutorial that may help you to understand the detailed process. You can check the tutorial by clicking the play button of this video.

    – Video Tutorial –

    After clicking the button, a new page will appear in front of you where you have to provide some information. Here, select your name, address, phone number, preferred trading terminal, and select your preferred trading account and click on the Proceed to Step 2 button below.

    XM-Account-Registration-Form

    In this section, You need to update your profile information. We have divided the whole process into several parts for your better understanding. From the very beginning, you will find the Personal Details and Address Details where you have to provide your date of birth and address.

    XM-Account-Registration-Form-2nd-Step

    Please make sure you need to submit the original information. Providing your exact date of birth and your address here. When providing the address, keep in mind that it matches your bank statement. Otherwise, you may face difficulties to complete the verification. Next, you will see some more options below.

    XM-Account-Registration-Form-3rd-Step

    In this section, you need to provide your trading account information and your financial statements. In each of the boxes mentioned here, you can select the subject of your choice. Then scroll down a bit, here you will find the Trading Knowledge & Experience, and the Account Password section. Please submit this information accordingly and click the “Open a Real Account” button.

    Congratulations! You have successfully completed the XM Registration process. Now please login into the broker’s cabinet and provide all the information to verify the account. Hope you understand the whole process of registering an account.

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • How do I open a XM account?

    How do I open an XM account? – To register a trading account, please click on the broker’s official website www.xm.com and from there click on the “Open An Account” button.

    Here is a tutorial that may help you to understand the detailed process. You can check the tutorial by clicking the play button of this video.

    – Video Tutorial –

    After clicking the button, a new page will appear in front of you where you have to provide some information. Here, select your name, address, phone number, preferred trading terminal, and select your preferred trading account and click on the Proceed to Step 2 button below.

    XM-Account-Registration-Form

    In this section, You need to update your profile information. We have divided the whole process into several parts for your better understanding. From the very beginning, you will find the Personal Details and Address Details where you have to provide your date of birth and address.

    XM-Account-Registration-Form-2nd-Step

    Please make sure you need to submit the original information. Providing your exact date of birth and your address here. When providing the address, keep in mind that it matches your bank statement. Otherwise, you may face difficulties to complete the verification. Next, you will see some more options below.

    XM-Account-Registration-Form-3rd-Step

    In this section, you need to provide your trading account information and your financial statements. In each of the boxes mentioned here, you can select the subject of your choice. Then scroll down a bit, here you will find the Trading Knowledge & Experience, and the Account Password section. Please submit this information accordingly and click the “Open a Real Account” button.

    Congratulations! You have successfully completed the XM Registration process. Now please login into the broker’s cabinet and provide all the information to verify the account. Hope you understand the whole process of registering an account.

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • What is an XM Ultra Low account?

    What is an XM Ultra Low account? – XM Ultra-Low Trading account formerly known as Zero account is offered specially for scalping traders. The main advantage of this trading account is its spread is relatively low compare to other available trading accounts.

    Here is a quick snapshot of the Ultra Low Account

    Base Currency EUR, USD, GBP, AUD, ZAR, SGD
    Contract Size standard Ultra: 1 Lot = 100,000
    Leverage 1:1 to 1:888
    Spread on all majors As Low as 0.6 Pips
    Maximum open/pending orders 300 Positions
    Minimum trade volume Standard Ultra: 0.01 Lots
    Micro Ultra: 0.1 Lots
    Lot restriction Standard Ultra: 50 Lots
    Micro Ultra: 100 Lots
    Minimum Deposit 50$

    How to Register XM Ultra Low account? The process is very easy and simple. Please visit the broker’s official Website – www.xm.com and please navigate to XM Ultra-Low Account and click the “Open An Account” button and follow the onscreen instructions. If you face any difficulties then please refer XM Registration article.

    If you have already registered then please open your client cabinet and you can register Ultra Low Trading Account from your Dashboard with a few simple clicks.

    XM Ultra Low account is mainly for those who are interested in scalping. As the spread of this trading account is low so, scalpers take such advantages in their trading. Like other trading accounts, the ultra-low account offers commission-free and Swap-free trading.

    If you want to cross-check other trading accounts of this broker then you can check it from XM Trading Accounts.

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • Is XM regulated in Pakistan?

    Is XM regulated in Pakistan? – Unfortunately, none of any forex brokers does have any official authorization to operate their business in Pakistan. But people from Pakistan can also open and trading with XM without having any issues.

    The SECP (Securities and Exchange Commission of Pakistan) is the regulatory body in Pakistan located in Islamabad. The SECP allows authorized brokers to provide a maximum 1:10 leverage for Forex trading. Pakistani Traders living abroad are not subject to this regulation.

    So If you are interested in trading in this XM Broker then you are permitted to do so as none of any special authorization is required. Detailed information can be found on the Broker website – www.xm.com

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • Is XM regulated in India?
  • Is XM regulated in Bangladesh?

    None of any retail forex brokers are authorized and legally registered in Bangladesh. According to, Bangladesh Securities and Exchange Commission (SEC), forex brokers are not required to authorize to accept residents of Bangladesh as customers.

    But, any residents from Bangladesh can open a trading account in XM Broker and use all of its services without having issues.

    More information can be found at the broker website – www.xm.com

    XM Broker supports global clients except for the U.S, Canada, Israel, New Zealand, Japan, and the Islamic Republic of Iran and China. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

    Till today, there are no specific rules or regulations for forex trading in Bangladesh so, Trading is not illegal here but Broker is not permitted to operate its business as a regional office. But you can easily make a registration with this broker and start trading without any problem. Detailed information can be found on the Broker website – www.xm.com

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • How to download XM Trading Platform?

    How to download XM Trading Platform? For those who want to start a practice or real trade in the XM Broker, we present to you the application to download various trading terminals of this broker. Please download and install the trading terminal you need by clicking this link.

    For Windows: MT4; MT5;

    For Mac: MT4; MT5

    Mobile App: MT4; MT5 (both ios & android)

    Web Trading Terminal: MT4; MT5 (both Windows & Mac)

    Here is a quick Video Tutorial of MT4 Installation

    To use the XM Trading Platform You will need to open a real or demo trading account in this broker. If you do not have a trading account registered, please visit the broker’s official website www.xm.com. or if want to know the detailed registration process then the XM Registration article may help you. You will get a video tutorial in case you face any trouble.

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • How do I withdraw money from XM forex?

    How do I withdraw money from XM forex? – Fund withdrawal from XM Broker is super easy. You need to follow the below-mentioned steps accordingly.

    1. Please login to our client cabinet by using your registered email id and password.
    2. After successful login, please check the menu option in your account dashboard. Please find and click the Withdrawal button from the upper menu and select your preferred wallet that you want to use while withdrawing funds.
    3. Please specify your withdrawal amount, Tick the below agreement and click the REQUEST button. Your fund withdrawal request has been submitted to the XM Broker.
    Please be noted that make sure your withdrawal method is the same while depositing in your trading account. For example, if you use Skrill for depositing funds then you need to use the same wallet while withdrawing. Otherwise, your request will not be accepted.

    More information can be found on the broker official website – www.xm.com

    If you want to know the detailed withdrawal request then please follow XM Withdrawal Article. If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • Is XM good for scalping?

    Is XM good for scalping? – Scalping Trading is allowed in XM Broker. The broker does offer different accounts, especially their Ultra-Low Account is mainly designed for scalping trading.

    The spread of this trading account is relatively low than other accounts. For Majors Currency Pairs, spread starts from 0.06 pip. whereas other account spread starts from 1pip.

    Lower spread is always effective for Scalper as they often take many entries on a daily basis. So, if the spread is lower then it would be more beneficial for any traders. XM Broker does offer several types of trading accounts. Here is a quick comparison of different accounts of this broker. To know more please have a look at XM Account Types.

    Also, you can use Expert Advisors (EA) and robots for automatic trading without having any issues or problems. More information can be found on the broker official website – www.xm.com

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • Can XM Broker be trusted?

    Can XM Broker be trusted? XM Broker is operating its financial services since 20089 and till now, this broker is reliable and trustworthy for its strong regulation and trading privileges. This broker is well-known for its Low Spread, outstanding support, and different promos and offers.

    From our experience, XM Broker is one of the very few brokers who serve in a transparent way. Their outstanding customer support team is very helpful if you face any difficulties as they serve in several languages.

    XM is operated by Trading Point Group of Financial Instruments Limited, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). This broker is mainly popular just because of its strong regulation and outstanding customer support. Here is the detailed information about XM Broker Regulation as follows.

    • Trading Point Group of Financial Instruments Limited authorized and regulated by the Financial Conduct Authority (FCA) – (License number – 538324). Reference
    • Trading Point Group of Financial Instruments Limited authorized and regulated by the Australian Securities and Investment Commission (ASIC) – (License number – 443670).
    • XM Global Limited authorized and regulated by the International Financial Services Commission (IFSC) (license number 000261/158). Reference
    • Trading Point of Financial Instruments Limited authorized and regulated by Cyprus Securities and Exchange Commission (CySEC) (license number 120/10), are members of Trading Point Group. Reference
    Here, we have listed the regulation and its detailed information. If you want to check the broker regulation details, please click the “Reference” link to know more and registration details.

    So based on the question, Can XM Broker be trusted? Yes! you can start trading with this broker without any doubt. This broker has strong regulations and policies that make you comfortable to deal with. You can find the detailed information on this regulation on the broker official website – www.xm.com

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • How long does XM withdrawal take?

    How long does XM withdrawal take? It takes up to 24 hours to execute any fund withdrawal request. XM broker does not take too long while withdrawing funds from the trading account. Broker manually execute all the withdrawal request and for this reason, it takes much time to be processed.

    In our experience, if you use eWallet like Neteller, Skrill, or Perfect Money then it will take up to 24 hours to execute your withdrawal request.

    On the other hand, if you use Credit Card or Bank Transfer options then funds will be processed within 2-5 working days. But it depends on your card and bank processing time. More information can be found on the broker official website – www.xm.com

    According to XM Broker “Withdrawals are typically processed and sent within 1 business day. Once the withdrawal is approved and processed, it may take some additional days to receive the payment: For Credit/Debit Cards – up to 5 business days. For e-wallets – 24 hours.”

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • What is an XM Zero account?

    What is an XM Zero account? – XM Ultra-Low Trading account formerly known as Zero account is offered specially for scalping traders. The main advantage of this trading account is its spread is relatively low compare to other available trading accounts.

    Here is a quick snapshot of the XM Zero account (Ultra Low Account)

    Base Currency EUR, USD, GBP, AUD, ZAR, SGD
    Contract Size standard Ultra: 1 Lot = 100,000
    Leverage 1:1 to 1:888
    Spread on all majors As Low as 0.6 Pips
    Maximum open/pending orders 300 Positions
    Minimum trade volume Standard Ultra: 0.01 Lots
    Micro Ultra: 0.1 Lots
    Lot restriction Standard Ultra: 50 Lots
    Micro Ultra: 100 Lots
    Minimum Deposit 50$

    How to Register XM Zero account? The process is very easy and simple. Please visit the broker’s official Website – www.xm.com and please navigate to XM Ultra-Low Account and click the “Open An Account” button and follow the onscreen instructions. If you face any difficulties then please refer XM Registration article.

    If you have already registered then please open your client cabinet and you can register Zero Account from your Dashboard with a few simple clicks.

    XM Zero account is mainly for those who are interested in scalping. As the spread of this trading account is low so, scalpers take such advantages in their trading. Like other trading accounts, the XM Zero account offers commission-free and Swap-free trading.

    If you want to cross-check other trading accounts of this broker then you can check it from XM Trading Accounts.

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • What is XM Ultra Low Standard Account?

    What is XM Ultra Low Standard Account? – XM Ultra-Low Trading account formerly known as Zero account is offered specially for scalping traders. The main advantage of this trading account is its spread is relatively low compare to other available trading accounts.

    Here is a quick snapshot of the XM Ultra Low Standard Account

    Base Currency EUR, USD, GBP, AUD, ZAR, SGD
    Contract Size standard Ultra: 1 Lot = 100,000
    Leverage 1:1 to 1:888
    Spread on all majors As Low as 0.6 Pips
    Maximum open/pending orders 300 Positions
    Minimum trade volume Standard Ultra: 0.01 Lots
    Micro Ultra: 0.1 Lots
    Lot restriction Standard Ultra: 50 Lots
    Micro Ultra: 100 Lots
    Minimum Deposit 50$

    How to Register XM Ultra Low Standard Account? The process is very easy and simple. Please visit the broker’s official Website – www.xm.com and please navigate to XM Ultra-Low Account and click the “Open An Account” button and follow the onscreen instructions. If you face any difficulties then please refer XM Registration article.

    If you have already registered then please open your client cabinet and you can register Ultra Low Trading Account from your Dashboard with a few simple clicks.

    XM Ultra Low Standard Account is mainly for those who are interested in scalping. As the spread of this trading account is low so, scalpers take such advantages in their trading. Like other trading accounts, the ultra-low account offers commission-free and Swap-free trading.

    If you want to cross-check other trading accounts of this broker then you can check it from XM Trading Accounts.

    If you want to know more regarding this broker, then please have a look at our Website’s XM Broker Section. Also, you can check our XM Broker FAQ for the most common answers.

  • How do I get XM no deposit bonus?
  • How long does it take to validate XM account?
  • What kind of broker is XM?
  • How much can you withdraw from XM?
  • How long does XM deposit take?
  • Is XM legal?
  • What is the minimum deposit on XM?

    XM is one of the most renowned brokers in the forex industries since 2009 operated by Trading Point Holdings Ltd located in Cyprus. XM broker does offer different types of trading account and their required deposit amount varies based on these.

    The lowest deposit amount will be $5 for XM Micro and Standard Account. On the other hand, if you choose to use their RAW or ZERO account then the least deposit amount will be $100.

    You can find more information on the official website – www.xm.com

  • How much does XM com charge per trade?

    XM broker offers mainly 4 different types of trading account named Micro Account, Standard Account, XM Ultra-Low account, and Shares Account. All of these trading accounts are free from any trading commission except Spread. If you activate a SWAP Free trading account, then no overnight commission will be charged.

    In simple words, XM does not charge for any entry except spread. But if you have registered their “Shares Account” then a commission of $3.5/lot will be applicable for trading. Detailed information can be found on the broker website – www.xm.com

  • How much can I withdraw from XM?

    You can withdraw at least $5 from your XM Trading Account by using an eWallet such as Neteller or Skrill or all other available eWallet methods. But this amount varies on which methods are you using while withdrawing funds.

    On the other hand, if you use Bank Transfer then the least withdrawable amount will be $200. You can find more information from the broker website – www.xm.com

  • How long does it take to withdraw money from XM?

    XM broker does not take too long while withdrawing funds from the trading account. Broker manually execute all the withdrawal request and for this reason, it takes much time to be processed. In our experience, if you use eWallet like Neteller, Skrill, or Perfect Money then it will take up to 24 hours to execute your withdrawal request.

    On the other hand, if you use Credit Card or Bank Transfer options then funds will be processed within 2-5 working days. But it depends on your card and bank processing time. More information can be found on the broker official website – www.xm.com

  • Where is XM broker located?

    XM Group (XM) is a regulated online retail forex broker founded in 2009 and served under Trading Point Holdings LTD located in Cyprus. XM Global is located on a registered address at No. 5 Cork Street, Belize City, Belize, CA. More information can be found on the broker website – www.xm.com

    XM broker is one of the most reliable and popular forex brokers for its strong regulations, outstanding customer service team, and various trading offerings. According to their website – since 2009 so far 35,00,000 traders have been registered over 196 countries.

    This broker has regulated by different Top-level authorities including, CySEC, FCA, IFSC, and ASIC. These regulations help this broker to be more reliable for online trading. You can check this broker authenticity in XM Regulations article.

  • What is XM broker?

    XM Group (XM) is a reputed online retail forex broker offering its trading services since 2009 under its parent company Trading point Holding Ltd. XM is located in No. 5 Cork Street, Belize City, Belize, CA. This broker mainly popular among forex traders for its strong regulations, strong customer service team, and various trading offerings.

    You can find more information regarding broker regulation, please refer to XM Regulation article.

    XM Broker, offering its services in 22 different languages for traders’ demand and they often arrange educational seminars and webinars in all of their offered languages. You can check the scheduled webinar for different regions here.

    According to them, so far around 3,500,000 active traders have been registered from over 196 countries. Their main advantage of trading is, “No Requote” policy. Till now, around 2,400,000,000 entry has been executed without having any Requote or Rejections.

    They also have well-decorated Training Facilities named as “Research and Education” for newbies and experienced traders. They regularly provide, market analysis, News Analysis, Live Training, Online Webinars, podcasts, and conduct many Technical Seminar to guide their clients and make themselves updated always. You can find more information on the broker official website – www.xm.com

  • Is XM a legit broker?

    To know the details about broker legitimacy, you need to understand the broker regulation first. XM is well known in forex markets and offering its trading services since 2009. Since then, this broker is well known among forex traders for its different trading account facilities and strong regulations.

    XM Broker is regulated by 3 different authorities.

    IFSC: International Financial Services Commission (IFSC), XM Global Limited is licensed by IFSC under license number 000261/106. Check Authenticity.

    ASIC: Australian Securities and Investments Commission, Trading Point of Financial Instruments Pty Ltd has been issued an Australian Financial Services License by ASIC (number 443670). Check Authenticity.

    CySEC: Cyprus Securities and Exchange Commission, Trading Point of Financial Instruments Ltd is licensed by CySEC under license number 120/10. Check Authenticity

    FCA: Financial Conduct Authority, Trading Point of Financial Instruments UK Limited is authorized and regulated by the Financial Conduct Authority (FRN: 705428). Check authenticity

    Trading Point Holdings Ltd is the holding company of Trading Point of Financial Instruments Limited, XM Global Limited, Trading Point of Financial Instruments UK Limited, Trading Point of Financial Instruments Pty Ltd, and Trading Point MENA Limited.

    XM is an international broker offering clients access to more than 1,000 instruments across 7 asset classes with service offerings in 15 different languages. Due to their strong regulation, we recommend starting trading in this broker. More information can be found on the broker official website – www.xm.com

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