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Resolved
XM broker does not allow withdrawal of profits and does not give a clear explanation
Mediating Parties
XM XM
Issue

Unable to Withdraw

Requirement

Withdrawal

Settlement Amount

$8,833(USD)

Time

242day20hour

Mediation Status
Solved after user's confirmation
DAGE9256

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Reply
XM
Dear Valued Client, first and foremost, we would like to express our sincere gratitude for choosing XM and for your continued support. Regarding the issue you reported for Account 6162689, we immediately escalated it to the relevant department for verification and investigation. After multiple reviews and discussions, the department has confirmed that your account can continue trading normally. However, we regret to inform you that other aspects of the determination cannot be altered, and we kindly ask for your understanding in adhering to the important notice email dated October 18, 2024. Once again, we truly appreciate your trust and support for XM. Should you have any further questions, please feel free to contact us by visiting the official XM website at https://www.xmcnmarket.net/cn/. Then, click the green question mark icon in the lower-right corner to connect with our customer service team. XM provides 24/5 online support (Monday to Friday), and we are always happy to assist you.

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DAGE9256
"XM Broker: Profitable but Unable to Withdraw Funds, Where Are Investors' Rights?" On the stage of financial investment, we carry hopes and dreams, entrusting our trust to those seemingly reliable broker platforms. However, my personal experience has been like a bucket of cold water, extinguishing all expectations and hopes. I want to expose XM Broker here so that more people can see their true colors. I have always been passionate about gold trading. After careful research and analysis, I conducted gold trading on the XM Broker platform. The early investment and effort finally paid off, and I successfully achieved profits. This should have been a moment of celebration, but the nightmare began from there. When I joyfully applied to withdraw funds, I encountered numerous obstacles. XM Broker first promised to resolve the issue, giving me a glimmer of hope. But as time passed, a month went by, and they never provided any substantive solution. Sending messages via WeChat was like casting a stone into the sea, with no response at all. Such behavior is truly outrageous. As investors, we follow the rules and bear risks, only to achieve wealth growth under legal and compliant conditions. However, XM Broker has acted in bad faith by refusing to allow withdrawals after we made profits, seriously infringing upon our legitimate rights and interests. Their inaction has not only caused me huge financial losses but also made me deeply question the entire financial investment industry. Where should we place our trust? How can our rights be protected? Here, I call upon all investors to be cautious when choosing a broker platform, carefully examining the platform's reputation and regulatory status. At the same time, I hope relevant regulatory authorities can strengthen supervision over the financial market, severely crack down on such illegal activities of unscrupulous brokers, and create a fair, just, and transparent investment environment for investors. Do not let our efforts and trust go to waste. Let us jointly defend the legitimate rights and interests of investors, leaving those unscrupulous brokers nowhere to hide.

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