XM Withdrawal Fees — What XM Charges, and the $200 Bank Wire Rule
Short answer: XM's Help Center says XM does not charge fees on deposits or withdrawals, and that on international bank wires of $200 or more it covers the fees charged by its own bank. Below $200, fees may be charged by the banks involved. XM Global's Client Agreement still lets XM set withdrawal fees and limits (clause 74.3), so check the amount shown for your method before you confirm. The minimum withdrawal is $5, and XM processes approved withdrawals within one business day.
Does XM charge withdrawal fees? What XM says vs what its terms allow
XM answers this in two places, and you need both.
XM's Help Center FAQ says: "No, we don't charge any fees on deposits or withdrawals." The legal document behind your account, XM Global's Client Agreement, keeps room for fees:
| What XM's documents say | Source |
|---|---|
| XM does not charge fees on deposits or withdrawals | Help Center FAQ |
| On international bank wires of $200 or more, XM covers all fees charged by its own bank ("subject to change") | Help Center FAQ |
| XM reserves the right to impose withdrawal limits and withdrawal fees | Client Agreement, clause 74.3 |
| You may be asked to pay bank transfer fees when you withdraw | Client Agreement, clause 74.9 |
| XM may levy a transfer charge on payment methods that have processing costs | Client Agreement, clause 72.4 |
In practice: XM says it doesn't charge you to withdraw, but its terms allow fees. The Withdraw page shows what applies to your method, so read it before you confirm.
The bank wire $200 rule, with an example
The $200 line in XM's FAQ is about international bank wires. It does not set a fee amount. It only says when XM covers the fees of its own bank.
- You withdraw $250 by international bank wire. That is $200 or more, so XM's FAQ says XM covers the fees charged by its bank. Your own bank, or a bank in the middle of the transfer, may still charge its own fees. The FAQ covers XM's bank only.
- You withdraw $150 by international bank wire. That is under $200. XM's FAQ does not say XM covers bank fees on this amount, so fees may be charged by the banks involved. We don't quote a figure, because XM doesn't publish one and it depends on the banks.
XM's FAQ states the $200 line only for international bank wires. For other methods, check the fee shown on the Withdraw page before you confirm.
Other costs that can reduce what you receive
- Currency conversion. If money changes currency on the way, XM may convert it at a rate it selects and may add a mark-up (clause 72.6). XM does not publish a mark-up figure. Its FAQ says the exchange rate is displayed before you confirm in WebTrader or the XM App.
- Your own bank or e-wallet. Your bank, card issuer or e-wallet may charge to receive money or to convert it. Those fees are set by them, not by XM.
- Third-party deposits. Not a withdrawal fee, but it hits the same money: if XM confirms a deposit was not sent by you, it can charge a $50 handling fee (clause 72.5). Always pay in from an account in your own name.
Minimum withdrawal and how long it takes
| Question | What XM says | Source |
|---|---|---|
| Minimum withdrawal | $5 for any account type; the real minimum varies by payment method | Help Center FAQ |
| XM's processing time | Approved withdrawals are, in principle, processed within one business day | Client Agreement, clause 74.7 |
| Arrival by bank wire or card | Usually 2–5 business days | Help Center FAQ |
Processing is XM's side. Banks, weekends and public holidays add their own time, so allow a few business days for the money to arrive. The step-by-step how-to — the Funding menu, the own-name rule and returning money to the deposit method — is in XM deposits and withdrawals.
Withdrawing your CBT90 cashback from MyWallet
Cashback from official XM partner code CBT90 is credited by XM to your MyWallet the day after each trade closes — for example $9.00 per closed lot of Gold on a Standard account. It is ordinary XM balance. You withdraw it, or move it to a trading account with Internal Transfer, under the same XM rules: the same $5 minimum, the same processing time and the same $200 bank wire line. Cashback lowers your trading cost; it does not change XM's fee rules. CashBackXM never holds the money and cannot speed up or delay an XM withdrawal. Details: XM cashback in MyWallet.
Checklist before you press Withdraw
- Read the fee and minimum shown for your method on the Withdraw page.
- Using an international bank wire? Check whether the amount is $200 or more.
- Check the currency and the exchange rate displayed before you confirm.
- Use a payment method in your own name, normally the one you deposited with.
- With open positions, leave enough margin in the account.
- Ask your bank or e-wallet what it charges to receive the money.
Also leaving an account unused? Read the XM inactivity fee first, and see every trading cost in XM fees and charges.
Checked against XM Global's Client Agreement and Help Center on 19 Oct 2026. XM can change its terms — check XM's own pages before you rely on a figure. CashBackXM is an official XM partner, not XM, and has no part in any deposit or withdrawal.
CashBackXM is an independent cashback service and an official XM partner (code CBT90). We are not XM and never hold your funds; XM credits the cashback directly to your own MyWallet. Trading CFDs on leverage carries a high risk of loss. Cashback lowers your cost per lot but does not change the risk of any trade.
Cashback on every lot, straight to your MyWallet.
Open your XM account under official XM partner code CBT90 — $9 per lot of Gold, credited the next day.
XM withdrawal fees — questions traders ask
Does XM charge withdrawal fees?
XM's Help Center says XM does not charge fees on deposits or withdrawals. XM Global's Client Agreement still reserves the right to set withdrawal fees and limits (clause 74.3), so check the fee shown for your method before you confirm.
Is there a fee on XM bank wire withdrawals under $200?
XM's FAQ says XM covers its own bank's fees on international bank wires of $200 or more. It does not say this for smaller wires, so fees may be charged by the banks involved. XM does not publish an amount.
How long does an XM withdrawal take?
XM Global's Client Agreement says approved withdrawals are, in principle, processed within one business day (clause 74.7). Bank wires and cards usually take 2–5 business days to arrive, according to XM's FAQ.
What is the minimum withdrawal on XM?
XM's FAQ says the minimum deposit or withdrawal is $5 for any account type, but the real minimum varies by payment method.
Can I withdraw my XM cashback without fees?
Cashback from partner code CBT90 sits in your XM MyWallet as normal balance, so XM's usual withdrawal rules apply: XM says it doesn't charge withdrawal fees, but bank wires under $200 and your own bank or e-wallet may carry charges.
Why did I receive less than I withdrew from XM?
Usually bank charges (for example on a wire under $200, or from your own or an intermediary bank), a currency conversion where XM may add a mark-up, or fees from your e-wallet. Check the exchange rate and fee shown before you confirm.