{quote} Do you still recommend Skrill for withdrawal option? Ive read a lot lately that their site has been too difficult to access by its users. Is Neteller a good alternative for XM clients instead?
Ignored
I never had any problem with Skrill. And anyways, since recently (I think last year), Neteller was bought by the same company owning Skrill...
Can I ask a very stupid question, where is XM.com getting the money to pay 50% deposit bonus to the clients? Is it coming from my pocket ultimately?
Ignored
every broker have their own budget from their profit. so i think , it is someting called promotional budget.
a normal practice . some of brokers attract clients with deposit bonus and contests, and ssme of them attract clients by giving stuff like gold or gadgets,
I recently opened a trading account with XM. However, during the account opening process, I just checked boxes without actually reading the questions. As a result, my account was classified as a Retail Account which makes it expensive for me to trade due to minimum lot size. Secondly, the forex area was greyed out/disabled which means that I cannot trade forex.
I send an email yesterday to my allocated relationship manager as well as the Validations department regarding the possibility of reclassifying my account. I haven't received acknowledgement of the email nor any response to my query.
Would it be possible for my account to be reclassified?
Hi there, I recently opened a trading account with XM. However, during the account opening process, I just checked boxes without actually reading the questions. As a result, my account was classified as a Retail Account which makes it expensive for me to trade due to minimum lot size. Secondly, the forex area was greyed out/disabled which means that I cannot trade forex. I send an email yesterday to my allocated relationship manager as well as the Validations department regarding the possibility of reclassifying my account. I haven't received acknowledgement...
Ignored
Dear Chibaya,
Please note that all clients are normally classified as retail clients and this classification does not affect trading conditions. I doubt that your classification needs to be changed because I believe that the reason why you cannot trade on certain instruments is different. Perhaps you have a micro account but you are trying to trade on standard symbols that are visible in micro account for administrative purposes. If you do have a micro account, you need to choose micro symbols (EURUSDmicro, GBPUSDmicro, etc).
I hope this issue has already been resolved but if you want to discuss it with me, please send me a private message with your account number.
Kind regards,
Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.)
Hi Everyone , Please allow me to introduce myself, my name is Costas and I am an employee of a regulated Forex Broker named Trading Point of Financial Instruments Limited. The purpose of this thread is to assist the Forex Factory members with any questions regarding Trading Point and Forex in general. Our Company provides its Clients with a variety of tradable financial instruments including currencies, metals, energies and stock indices which may be traded via our MT4 platform with some of the markets most...
Ignored
Hi MR Costas,i have opened an account with XM 3 months ago,and verified it ,but didn't make any deposit,now i can't access my account as it keeps telling me that my account is archived ,and i should open a new account ,why is that happening?
Thanks
{quote} Hi MR Costas,i have opened an account with XM 3 months ago,and verified it ,but didn't make any deposit,now i can't access my account as it keeps telling me that my account is archived ,and i should open a new account ,why is that happening? Thanks
Ignored
Hello! At me too such was - no activity on the account -that's close. Now open a new account and again go through the verification process.
Accounts with zero balance get archived after 90 days. If your accounts are archived and you wish to resume trading with XM, please open a new account.
Kind regards,
Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.)
Dear fxnow/Kinder, Accounts with zero balance get archived after 90 days. If your accounts are archived and you wish to resume trading with XM, please open a new account. Kind regards, Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.)
Ignored
Thank you for your reply.
Do i have to resend verification papers?
How long is the bank statement valid for?
{quote} Thank you for your reply. Do i have to resend verification papers? How long is the bank statement valid for?
Ignored
Dear fxnow,
If your bank statement we have on file is fairly recent, you will not need to submit new documents.
When you open a new account, it should be validated automatically. In case additional documents are required, our validations department will get in touch with you.
Kind regards,
Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.)
I was wondering does XM provide its clients with an 'ewallet'? ie aplace where atrader can save his profits acqured from trading for future withdrawal or redirecting back to trading account just as hotforex does with their 'mywallet'.Am asking this because i dont feel cormfatable trading back all my profits neither am I cormfartable with frequent withdrwal requests.Thank you.
I have long traded at XM. Very pleased with their service. So far the most impressive thing when withdraw from them very quickly. I hope you keep on working like that.
Hi Andrey. I was wondering does XM provide its clients with an 'ewallet'? ie aplace where atrader can save his profits acqured from trading for future withdrawal or redirecting back to trading account just as hotforex does with their 'mywallet'.Am asking this because i dont feel cormfatable trading back all my profits neither am I cormfartable with frequent withdrwal requests.Thank you.
Ignored
yes agree. i hope they have this ewallet like how hotforex does too..
Hi Andrey. I was wondering does XM provide its clients with an 'ewallet'? ie aplace where atrader can save his profits acqured from trading for future withdrawal or redirecting back to trading account just as hotforex does with their 'mywallet'.Am asking this because i dont feel cormfatable trading back all my profits neither am I cormfartable with frequent withdrwal requests.Thank you.
Ignored
very simple, just open two account one use for trading other use as a bank account don't trade that one just withdraw or deposit in it. I did same thing.
don't predict direction, but dance with flow of water
{quote} very simple, just open two account one use for trading other use as a bank account don't trade that one just withdraw or deposit in it. I did same thing.
It does not disappear. It will go through the second account is equal to the percentage that you transfer. Mean you have 200 USD and 100 credit. After transfer you will have 100 USD and 50 credit in second account.
