Many people are probably wondering about XM’s business hours, account opening, cryptocurrency deposit and withdrawal times, and whether trading is possible on Saturdays, Sundays, and even holidays. In fact, whether trading is possible or not varies greatly depending on the trading stocks, etc. This article summarizes business hours and trading availability on weekends and holidays.
XM business hours
First, let’s explain XM’s business hours, details of handling of New Year’s holidays and public holidays, fees, and types. Trading hours, deposits, withdrawals, etc. are irregular during New Year’s holidays and Christmas. Be careful when placing an order. It is a recommended broker because it has 24-hour campaigns compared to other brokers in Japan. You can usually aim for the maximum profit in real life. Details of important financial products can be viewed from the official homepage. Basically, it works smoothly, depending on the time of the server. You can check the information and process documents from the management page.
Support and deposit/withdrawal response time
Can I make inquiries on weekends? The answer is that inquiries made on weekends and holidays will be answered on the next business day. Support desk hours are Monday to Friday, and support is available via “email,” “live chat,” and “phone,” but each has different characteristics. For details, please refer to the article below. Please note that actual support will be provided in Japan time in each country. Members can log in and access quickly using other media such as smartphones, but changes, additions, submissions, etc. will be handled on business days. Please note that time differences are automatically applied in some areas.
Business Hours and Impact on Deposits and Withdrawals
XM deposits must be made during business hours as they are bank transfer only and will be credited to the trader’s trading account after confirmation by our support desk. When the support desk is out of business hours, it is often outside of Forex trading hours, so there is no need to rush the deposit to be reflected. However, it may not be possible to make it in time, so please choose a method that will be reflected in your trader account immediately, such as credit card deposit.
Account activation process
Applications to open a new account can be made on weekends and holidays. However, to activate your account (i.e. to start trading), a visual check by staff is required. Please note that if it is outside of business hours, it will basically be processed on Monday after the weekend. You will not be able to use the target wallet until it is issued. There will also be maintenance, so please wait until the news comes out. Applications will be processed after the foreign exchange market opens. You will be able to use your online wallet and introduce tools only after you have been approved. Please check economic indicators and market trends in advance.
Handling of holidays
XMTrading support is closed on holidays. If you make an inquiry on a holiday, you will receive a response on the next business day. However, trading is possible. Therefore, many people get confused, but please be careful as there is a difference between support response and trading availability. On Saturdays and weekends, the market is restricted and access is stopped for different stocks such as commodities and gold. In order to avoid negative results and losses, be sure to know the closing time of the operating company, XM. There is also a large risk involved.
New Year’s Eve, Christmas
During the New Year and Christmas, not only the exchange rate but also the official support of XM will have irregular business hours. Please refer to the article below for details. In some cases, trading may be rejected altogether. Always check the official XM website. This also applies to Golden Week and Obon, and there may be irregular business hours. Please understand and understand the investment system provided above before making an online deposit from a financial institution.
Trade availability
Whether or not trading is possible on Saturdays, Sundays and public holidays varies considerably depending on the stocks handled. Please refer to the article below for the stocks handled by XM Trading. As you can see from the article, exchanges are available from Monday to Friday, and virtual currencies are available 365 days a year, and there are differences depending on the brand. XM’s trading hours also differ between summer time and winter time, so be sure to check the stocks you want to trade.
In the case of foreign exchange, settlement (taking profits and cutting losses) is not possible on Saturdays and Sundays.
On Saturdays and Sundays, it is not possible to settle positions (take profit/loss) with MT4 or MT5. Since the market is closed, MT4 and MT5 are not moving, and it is not possible to take profits or cut losses on existing positions, as well as new orders. The position that has been held since Friday can be closed at the earliest on the early morning of the following Monday.
In the case of foreign exchange, trading is possible on holidays
You cannot trade on XM on Saturdays and Sundays, but you can trade on holidays in the same way as on weekdays. Even if it’s a public holiday in Japan, it’s a weekday worldwide, and markets are operating as usual. Also, please note that banks are closed on holidays for deposits and withdrawals. The response itself will be after the next business day, so you will have to wait.
New Year’s Eve, Christmas
As with XM trading, trading will be quite irregular. Therefore, be sure to check the official website as well. Golden Week and Obon can often be traded as usual. This is because Golden Week and Obon are cultures unique to Japan and have nothing to do with the rest of the world. Please pay attention to the movement of the yen exchange rate during these periods. A sudden drop in trading volume can cause the market to move wildly.
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