START TRADING WITH XM
Open XM account
XM is a highly trusted broker, popular for its great service and user-friendly platform. This guide will take you through the process of getting started with XM, including how to register an account, complete verification, and set up the platform.
Register your XM account right away by clicking the button below (link opens in new window) or read our step-by-step guide first.
Step 1: Preparing to Register on XM
To ensure a smooth registration, prepare by gathering:
Personal Information: Name, address, and contact details.
Government-issued ID: Passport, national ID, or driver’s license for identity verification.
Proof of Address: A utility bill or bank statement (usually issued within the last three months).
XM takes regulatory compliance seriously, so this information is required to verify your identity and protect your account.
Step 2: Registering on XM
Opening Real account and Demo account
Visit the Official XM Website: Head to XM’s official site to start the registration process. Ensure you’re on the correct website to avoid scams. Note: When opening a real account at XM, a free demo account is included.
Click on the blue button “Start Trading”: This button is displayed in the middle of the homepage.
Select Your Account Type:
XM offers various account types, including Micro, Standard, XM Ultra Low, and Shares accounts. Choose the one that best suits your trading needs. The Micro and Standard accounts are recommended for beginners.
Complete the Registration Form:
Personal Details: Enter your full name, country of residence, and preferred language.
Trading Platform Type: Choose between MT4 (MetaTrader 4) or MT5 (MetaTrader 5) trading platforms. MT4 is user-friendly and ideal for beginners, while MT5 offers more advanced trading tools.
Account Currency: Choose your preferred currency for trading, such as USD or EUR.
Review Terms and Submit: Agree to XM’s terms and conditions, then submit the registration form.
Step 3: Verifying your account
Once registered, XM will guide you through account verification. Verification is mandatory to comply with financial regulations and protect your funds.
Upload Identity Documents: XM will ask you to upload your government-issued ID and proof of address.
Verification Confirmation: XM typically reviews documents within 24-48 hours. Once approved, you’ll receive an email confirming your verified account status.
Tip: Ensure your documents are clear and meet XM’s requirements to avoid delays.
Step 4: Deposit money
This section is for Real Account (Not demo)
Log in to Your XM Account: After verification, log into the XM client portal with your registered credentials.
Go to the Deposit Section: In the client portal, select the “Deposit” tab.
Choose a Payment Method: XM supports various deposit methods, including bank transfer, credit/debit cards, and e-wallets like Skrill or Neteller. Select the most convenient option for you.
Deposit Funds: Enter the deposit amount and follow the instructions to complete your payment. XM has a minimum deposit requirement, which varies depending on your account type (usually $5 for Micro accounts).
Note: XM does not charge deposit fees, but your payment provider might. Be sure to check the fee structure of your payment method.
Step 5: Downloading and setting up the XM trading platform
XM supports two popular trading platforms: MT4 and MT5. Once you’ve selected your platform during registration, download and install it to begin trading.
Download the Platform:
Go to the XM website and navigate to the “Trading Platforms” section.
Download either MT4 or MT5, compatible with both desktop and mobile.
Log in to the Platform: Open the downloaded platform, enter your account credentials (Account ID, password, and server provided by XM), and log in.
Customize Your Workspace: Familiarize yourself with the tools available, customize chart settings, and add any indicators you plan to use in your strategy.
With your account funded and platform set up, you’re ready to start trading.
Good luck!
Why choose XM?
XM is a trusted global broker providing access to Forex and CFDs on commodities, indices, stocks, metals, and energies. Known for low spreads, a variety of trading tools, and strong educational resources, XM is especially appealing to beginners. The platform is regulated by several top-tier authorities, adding a layer of security for traders.
Furthermore, XM provides a beginner-friendly environment for those starting in forex trading, complete with strong educational resources and support. By following our guide, you’ll have a clear path from registration to your first trade. Remember that forex trading involves risk, so always trade responsibly, stick to a strategy, and utilize XM’s risk management tools to safeguard your investment.
Latest news
Discover more
How profitable is Forex trading?
How profitable is forex trading? If you’re curious about the financial markets, you might have[…]
Advanced forex trading
Advanced forex trading: complete Guide As traders gain experience in forex trading, they often look[…]
The psychology of trading
The psychology of trading Overcome emotional pitfalls by sticking to a solid strategy Forex trading[…]