Xm account

Deposits, withdrawals or any other functions related to any of your trading accounts can be handled in the XM members area.

Actual forex bonuses

Trading point holdings ltd is the holding company of trading point of financial instruments limited, XM global limited, trading point of financial instruments UK limited, trading point of financial instruments pty ltd, trading point MENA limited.

Trading account types

XM CY trading account types

Micro account

Base currency options

USD, EUR, GBP, JPY, CHF,‎
AUD, HUF, PLN, RUB, SGD, ZAR

Contract size

1 lot = 1,000

Spread on all majors

As low as 1 pip

Commission

Maximum open/pending orders per client

200 positions

Minimum trade volume

0.01 lots (MT4)
0.1 lots (MT5)

Lot restriction per ticket

100 lots

Islamic account

Optional

Minimum deposit

Standard account

Base currency options

USD, EUR, GBP, JPY, CHF,‎
AUD, HUF, PLN, RUB, SGD, ZAR

Contract size

1 lot = 100,000

Spread on all majors

As low as 1 pip

Commission

Maximum open/pending orders per client

200 positions

Minimum trade volume

0.01 lots

Lot restriction per ticket

50 lots

Islamic account

Optional

Minimum deposit

XM zero accounts

Base currency options

USD, EUR, JPY

Contract size

1 lot = 100,000

Spread on all majors

As low as 0 pips

Commission

Maximum open/pending orders per client

200 positions

Minimum trade volume

0.01 lots

Lot restriction per ticket

50 lots

Islamic account

Optional

Minimum deposit

100$

The figures above should only be regarded as reference. XM is ready to create custom-tailored forex account solutions for every client. If the deposit currency is not USD, the amount indicated should be converted to the deposit currency.

You may be new to forex, so a demo account is the ideal choice to test your trading potential. It allows you to trade with virtual money, without exposing you to any risk, as your gains and losses are simulated. Once you have tested your trading strategies, learned about market moves and how to place orders, you can take the next step to open a trading account with real money.

What is a forex trading account?

A forex account at XM is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

Forex accounts at XM can be opened in micro, standard or XM zero formats as shown in the table above.

Please note that forex (or currency) trading is available on all XM platforms.

In summary, your forex trading account includes

1. Access to the XM members area

2. Access to the corresponding platform(s)

Similarly to your bank, once you register a forex trading account with XM for the first time, you will be required to go through a straightforward KYC (know your customer) process, which will allow XM to make sure that the personal details you have submitted are correct and ensure the safety of your funds and your account details.

By opening a forex account, you will be automatically emailed your login details, which will give you access to the XM members area.

The XM members area is where you will manage the functions of your account, including depositing or withdrawing funds, viewing and claiming unique promotions, checking your loyalty status, checking your open positions, changing leverage, accessing support and accessing the trading tools offered by XM.

Our offerings within the clients’ members area are provided and constantly enriched with more and more functionalities and therefore giving our clients more and more flexibility to perform changes or additions to their accounts at any given time, without needing assistance from their personal account managers.

Your trading account login details will correspond to a login on the trading platform which matches your type of account and is ultimately where you will be performing your trades. Any deposits/withdrawals or other changes to settings you make from the XM members area will reflect on your corresponding trading platform.

What is a multi-asset trading account?

A multi-asset trading account at XM is an account that works similarly to your bank account, but with the difference that it is issued with the purpose of trading currencies, stock indices cfds, stock cfds, as well as cfds on metals and energies.

Multi-asset trading accounts at XM can be opened in micro, standard or XM zero formats as you can view in the table above.

Please note that multi-asset trading is available only on MT5 accounts, which also allows you access to the XM webtrader.

In summary, your multi-asset trading account includes

1. Access to the XM members area

2. Access to the corresponding platform(s)

3. Access to the XM webtrader

Similarly to your bank, once you register a multi-asset trading account with XM for the first time, you will be requested to go through a straightforward KYC (know your customer) process, which will allow XM to make sure that the personal details you have submitted are correct and ensure the safety of your funds and your account details. Please note that if you already maintain a different XM account, you will not have to go through the KYC validation process as our system will automatically identify your details.

By opening a trading account, you will be automatically emailed your login details that will give you access to the XM members area.

The XM members area is where you will manage the functions of your account, including the depositing or withdrawing funds, viewing and claiming unique promotions, checking your loyalty status, checking your open positions, changing the leverage, accessing support and accessing the trading tools offered by XM.

Our offerings within the clients members area are provided and constantly enriched with more and more functionalities, allowing our clients more and more flexibility to perform changes or additions to their accounts at any given time, without needing assistance from their personal account managers.

Your multi-asset trading account login details will correspond to a login on the trading platform which matches your type of account, and it is ultimately where you will be performing your trades. Any deposits and/or withdrawals or other setting changes you make from the XM members area will reflect on your corresponding trading platform.

Who should choose MT4?

MT4 is the predecessor of the MT5 trading platform. At XM, the MT4 platform enables trading on currencies, cfds on stock indices, as well as cfds on gold and oil, but it does not offer trading on stock cfds. Our clients who do not wish to open an MT5 trading account can continue using their MT4 accounts and open an additional MT5 account at any time.

Access to the MT4 platform is available for micro, standard or XM zero as per the table above.

Who should choose MT5?

Clients who choose the MT5 platform have access to a wide range of instruments ranging from currencies, stock indices cfds, gold and oil cfds, as well as stock cfds.

Your login details to the MT5 will also give you access to the XM webtrader in addition to the desktop (downloadable) MT5 and the accompanying apps.

Access to the MT5 platform is available for micro, standard or XM zero as shown in the table above.

What is the main difference between MT4 trading accounts and MT5 trading accounts?

The main difference is that MT4 does not offer trading on stock cfds.

Can I hold multiple trading accounts?

Yes, you can. Any XM client can hold up to 8 trading accounts of their choice.

How to manage your trading accounts?

Deposits, withdrawals or any other functions related to any of your trading accounts can be handled in the XM members area.

Legal: this website is operated by trading point of financial instruments limited with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.

Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (licence number: 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (000261/106).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).

Risk warning: forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.

Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.

This website uses cookies

By clicking “continue”, you agree to the default cookie settings on our website.

XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.

For more information please read our cookie policy.

This website uses cookies

By clicking “continue”, you agree to the default cookie settings on our website.

Read more, or change your cookie settings.

What are cookies?

Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.

Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.

We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.

Why are cookies useful?

We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.

Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.

In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.

Here is an overview of some of the functions our cookies provide us with:

Verifying your identity and detecting the country you are currently visiting from

Checking browser type and device

Tracking which site the user was referred from

Allowing third parties to customize content accordingly

This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.

Members area access

Use your MT4/MT5 real account number and password to log in to the members area.

New to XM?

Legal: this website is operated by trading point of financial instruments limited with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.

Risk warning: forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.

Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk warning: your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our risk disclosure.

This website uses cookies

By clicking “continue”, you agree to the default cookie settings on our website.

Read more, or change your cookie settings.

What are cookies?

Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.

Why are cookies useful?

Here is an overview of some of the functions our cookies provide us with:

Verifying your identity and detecting the country you are currently visiting from

Checking browser type and device

Tracking which site the user was referred from

Allowing third parties to customize content accordingly

Change settings

Please select which types of cookies you want to be stored on your device.

XM account types, features and openings (2021)

When dealing with any broker, you will be faced with the task of choosing your account type, and learning more about that account.

Trading with XM is no different.

Here we will run you through every account type and provide the basic information you need in order to run and manage your account.

Our XM review also covers some of these points in great detail.

69.75% of retail CFD accounts lose money

XM account types

As a top forex broker around the world, you can choose from a wide range of account types when opening an XM account.

Here is more detailed information on the exact account types offered:

Demo account

An XM demo account is an excellent starting place to learn more about the broker and trading.

Major points to note about XM demo accounts are that the trial is unlimited. You can also open as many as 5 XM demo accounts with a single email address. Every account type offered is also available as a demo account with the exception of the XM shares account.

There is essentially no difference between demo and XM live accounts. A full range of markets is still available. You can also benefit from a $30 XM bonus if you live outside of the cysec regulatory area. This XM welcome bonus does have some conditions which we will explain in greater detail.

As you are learning with your demo account, you can benefit from additional educational information provided through XM webinars and materials.

Standard account

The XM standard account is available in every operating area. This account features a spread from 1pip and you can benefit from an XM maximum leverage of 1:500 (non-EU), or 1:30 within the EU. The XM standard account also has commission-free trading.

Micro account

The XM micro account is also available in every jurisdiction with a similar spread starting from 1pip and commission-free trades. Here you can benefit from a lower minimum deposit and trading in smaller lot sizes. Again, the leverage is 1:500 for those outside the EU, and 1:30 within that area.

XM zero account

The XM zero account is available in most jurisdictions where the company operates. This includes under cysec and FCA regulation and most countries within the XM global market. The notable exception here is australia which is not included.

Spreads start from 0pips on this account, although there is a commission of $3.50 per lot traded.

You can benefit from a free VPS as well as XM maximum leverage of 1:500 outside, and 1:30 inside the EU.

Ultra low account:

The XM ultra low account type is one which is available only to australian-based traders. This has a spread which starts from 0.6pips and also provides for no commissions on trades.

The leverage available is again up to 1:500 or 1:30 for those located within the EU.

Professional account

If you are a professional trader within europe, and you meet certain criteria as set by XM in terms of trading knowledge, volume, and frequency, then you may be eligible for the XM professional account. This account provides for leverage up to 1:500.

If you are interested in this account type, you should contact XM for more information and they will gladly assist.

Shares account

The XM shares account, as the name suggests, deals with shares and caters for those who wish to trade from a choice of company stock cfds. The account is only available to XM global market traders and both to those located in the EU or australia.

A few more conditions of this account type include that commission is charged on trades at varying amounts, bonuses are not available, and no hedging is permitted. The MT5 trading platform must be used with the XM shares account.

Islamic account

Islamic accounts are an important feature for any broker and trader following shariah law. Every XM account can be turned into a rollover free account. To activate this, you should simply contact XM support. The shares account does not charge a rollover-fee by default, though you may still want to check with the support team.

The assets available remain the same, and the spreads match those of a standard account.

XM account openings

Now that you have hopefully selected the best account type for you, here are a few things connected with the XM account opening process which may be useful for you to know:

Live account opening

If you are satisfied with how your XM demo account worked out, the next logical step to make is the opening of you XM live account. These account types are all detailed above for your consideration.

Live account verification

XM verification does not have to be a daunting task. It is one which can be completed in just a few simple steps if you have the correct documents at hand. This is something which our XM live account opening tutorial will also help with.

Account currency

The account currency available through XM depends on both your account type, and the regulator which controls it as follows:

Standard and micro account – every major currency including PLN and HUF. ZAR and singapore dollar are also available. RUB is available if you are outside cysec and FCA areas.

XM zero accounts – both USD and EUR are accepted for deposit worldwide, although the global markets only accept JPY.

Ultra low account – EUR, USD, GBP, AUD, and CHF are all accepted.

Shares account – USD is the only available currency

Account funding

XM account funding options depend solely on the country you live in. The generally accepted methods include major credit cards like visa and mastercard, e-wallet payment methods, and bank wire transfer.

These methods will change depending on each country of residence so it is best to check your member area for clarification.

Minimum deposit

The XM minimum deposits are as follows:

Micro and standard accounts – €5

Ultra low accounts – €50

XM zero accounts – €100

Shares accounts – $10,000

Deposit and withdrawal

With XM deposit and withdrawal, you must deposit and withdraw in your own name. In addition, you must use the same method for withdrawal as deposit, unless one is a bank transfer.

In the case of bank transfer, this can take between 2-5 days. Other methods are available for immediate deposit and a withdrawal time of 24-hours.

Deposit and withdrawal capability is only available after verification has been completed. There are also no fees for deposit or withdraw other than western union and moneygram. When the bank transfer deposit is more than $200, XM covers the fee.

Bonuses

XM bonus amounts are not available under cysec and FCA regulation, but are available elsewhere. According to broker terms and conditions, the bonus amount itself cannot be withdrawn, but profits made from the bonus can be. There are no bonuses available on shares accounts.

Live accounts

XM live accounts bonuses work as follows where available:

First deposit – 50% up to 500 EUR

Other deposits – 20% with a 5000 EUR limit

XM is the only platform to offer a welcome bonus. This bonus is 30USD

Demo accounts

Your XM welcome bonus can be claimed through your demo account and be used when you switch over to a real account through the simple process.

XM account management

Now that you are in the know about most things XM account related. Here are just a couple of final points to add in relation to your account management.

Account number

XM will email you your account number directly after sign up if you ever require it.

Invalid account

If you are receiving this error message with your metatrader trading platform, then it is likely your login credentials are incorrect. Simply contact support after double checking and they can help you out.

Account expiring and reactivation

In regards to XM account expiration, demo accounts are cancelled after 30 days of inactivity. This period is 90-days if you are outside cysec and FCA regulation.

XM live accounts are cancelled after 90 days of inactivity. In this case, a monthly inactivity fee of $5 will be applied to keep the account running if there is a balance. If not, the account may be closed. If this does happen, there is no reactivation as such and you will have to create a new account.

Close account

XM account closing may only be applicable in very few cases. If it is, then you best course of action will be to contact XM support for assistance in doing so.

69.75% of retail CFD accounts lose money

XM review and tutorial 2021

Go to the brokers list for alternatives

XM.Com offer a range of account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.

XM.Com deliver ultra low spreads across a huge range of forex markets. Flexible lot sizes, and micro and XM zero accounts accommodate every level of trader.

XM review; touted as the next generation broker for online forex and commodity trading, XM global webtrade is suitable for beginner and seasoned traders alike. Traders can get started with the trading software real account, or test the waters with a demo account platform with $100,000USD of virtual currency.

Highlights of this particular broker service include auto trading, no hidden fees or commissions and fast order executions, with 99.35% taking place in under 1 second.

Company details

XM group (XM) is a group of regulated online brokers. Trading point of financial instruments was established in 2009 and is regulated by the cyprus securities and exchange commission (cysec 120/10).

Trading point of financial instruments pty ltd was established in 2015 and is regulated by the australian securities and investments commission (ASIC 443670).

XM global was established in 2017 and is regulated by the international financial services commission (000261/106).

The platform boasts over 1.5 million clients with traders in 196 countries. The XM ethos is all about being big, fair and human. The company prides itself on things like excellent customer service and a personalised approach for every client, no matter their investment goals.

XM trading platform

XM offers 2 trading platforms which are accessible from both real and demo accounts. The multi-award winning metatrader 4 is predominantly a forex trading platform that supports stop, limit, market and trailing orders.

The metatrader 5 platform is a multi-asset trading platform which also offers access to stocks, stock indices and precious metals. Both platforms are available on apple and android devices, which makes for a smooth and easy-to-use mobile trading experience.

The trading area offers additional, optional tools, such as economic calendar or trade volume stats.

Assets / markets

This broker has more than 1000 financial instruments which can be traded on the MT4/MT5 platforms and this includes forex trading, stocks cfds, commodities cfds, equity indices cfds, precious metals cfds and energies cfds.

Forex trading is available on over 55 pairs, including the major USD, GBP, EUR and JPY pairs.

XM does not offer binary options or futures.

Spreads & commission

Spreads vary depending on the kind of account opened. It’s possible to open a micro account, standard account and XM zero account. The minimum spread across all accounts is 0.1 pips, and the average spread for a major pair such as EUR/USD is 0.1 pips.

XM operates a strict “no hidden fees or commission” policy. As such, commission is only given for XM zero accounts. XM covers all transfer fees and same-day withdrawals are guaranteed.

Leverage

Depending on the instrument, the leverage can range from 2:1 to 30:1. This is completely flexible and XM offers its clients the chance to manage their own leverage risk. Margin requirements remain constant throughout the week and never widen at weekends or at night.

This leverage applies to clients registered under the EU regulated entity of the group.

XM mobile apps

XM is available on a number of android and apple devices, including apple iphone, apple ipad and android tablets and android phones. Login is super-easy and can be done via fingerprint. You can download their apps from the apple app store or the google play store.

They are both fully functional and allow for monitoring and trading on-the-go. The desktop platforms for PC and mac both support one-click trading.

XM global trading platforms

Payment methods

In line with conventional KYC regulations, users need to provide a colour copy of an official identification document such as a passport or a driver’s license. They also need to provide a recent utility bill dated within the last three months as proof of address.

Once registered, the minimum deposit amount is $5 for micro and standard accounts, while zero accounts require a minimum deposit of $100.

Deposits can be made using most major credit cards, electronic payment methods, wire transfer, local bank transfer and more.

Deposits can be made in any currency and it will be automatically converted into the currency you select as your base currency when opening the account.

All withdrawals are processed in 24 hours and there are no fees to take your money out of your ewallet.

Demo account

XM excels in its demo account offering. Users can set up a demo account with just a few details and then get trading with a virtual balance of $100,000USD. The XM demo account is unique in that it offers exactly the same trading conditions as the real thing.

There are no time limits on how long you can use your demo account.

Bonus deals and promotions

XM also offers a free VPS (virtual private server) service to help increase the speed of trades. This VPS is accessible from anywhere and available 24/7. They claim to eliminate downtime and are available across the globe.

XM are also offering commission and fee free withdrawals and deposits.

As an EU regulated brand, XM comply with the ESMA ban on bonuses, and the $30 deposit bonus is no longer available to EU traders.

Regulation and licensing

As noted above, XM group has a range of brands covered by different regulators.

XM group (XM) is a group of regulated online brokers. Trading point of financial instruments was established in 2009 and is regulated by the cyprus securities and exchange commission (cysec 120/10).

Trading point of financial instruments pty ltd was established in 2015 and is regulated by the australian securities and investments commission (ASIC 443670).

XM global was established in 2017 and is regulated by the international financial services commission (000261/106).

Additional features

One of the biggest perks available on the XM platform is the wealth of training and educational materials available. The platform hosts regular webinars aimed at newcomers and seasoned professionals alike.

The platform is inherently social, encouraging users to learn from their team of instructors. The company also published research and technical analysis.

XM MT4 and MT5 forex trading

XM account types

There are four levels of trading account, micro, standard and zero. All accounts allow up to 200 open/pending positions per client.

Micro accounts: micro accounts can use USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN as the base currency and can get started with a minimum deposit of $5USD. 1 micro lot is 1,000 units of the base currency.

Ultra low accounts: XM ultra low accounts, can use EUR, USD, GBP, AUD, ZAR, SGD as the base currency and traders will require a minimum deposit of $50 USD. 1 standard ultra lot is 100,000 units of the chosen base currency, whereas, 1 micro ultra lot is 1,000 units of the base currency. XM ultra low accounts are not applicable to all entities of the group.

Standard: standard accounts can use USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN as the base currency and traders can get started with just $5USD. 1 standard lot is 100,000 units of the chosen base currency.

Zero accounts: zero accounts can use USD, JPY and EUR as the base currency and traders will require a minimum deposit of $10USD. Like the standard account, 1 standard lot is 100,000 units of the chosen base currency.

Benefits

XM offers a full-service education package on forex, ideal for those making their first steps into trading.

However, this isn’t at the expense of the more seasoned professional, who also have access to expert analysis and unparalleled tracking tools. As a company that prides itself on solid customer service, their users are well-served with support available in many different languages.

Drawbacks

While the support may be strong, some users dislike that customer support is only available monday to friday. Another disadvantage is the lack of diversity between the different account types makes for a less personalised feel.

Other brokers offer more a distinct offering in their accounts, but the micro, standard and zero accounts are almost identical. And finally, paypal deposits are not currently supported, which can be problematic for some.

Traders from certain regions are also forbidden to open an account due to licensing laws, these include canada and the united states.

Trading hours

In line with worldwide forex market hours, XM is available 24 hours a day. For phone trading, the XM trading hours are sunday 22:05 GMT through to friday at 21:50 GMT.

Contact details / customer support

The easiest way to contact XM is through their live chat feature found on the contact page of their website.

You can also email support on: support@xm.Com

Or call on ‎+357 25029933.

Safety and security

There are no obvious security concerns with the website. Users are required to confirm their email address in order to open a demo account but signing up for email updates is not a requirement. In order to open a trading account, identification documents are required.

According to the company privacy policy, XM has organisational procedures in place to ensure that personal data is kept secure.

Overall verdict

XM offers a comprehensive broker service to traders of all levels. Whether you are just starting out and learning the ropes, or if you’re a seasoned trader looking for a reliable and efficient platform, XM is a solid choice.

Despite the shortcomings with the different account options, the platform is easy to use and simple to navigate.

Accepted countries

XM accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use XM from united states, canada, israel, iran, portugal, spain.

A simple tactic to save 75% on sirius XM radio subscriptions

Updated january 24, 2021

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As an amazon associate, I earn from qualifying purchases. More information

A little more than five years, we bought a brand new car (GASP! I know — how not frugal!).

We wanted a toyota venza and it was the first model year so no used cars were available. (see. )

If you’ve ever bought a new car within the last few years, you probably have a trial subscription to sirius XM radio. I think our trial subscription was for six months.

Siriusxm is pretty great. You get high-quality audio, a bazillion different channels so you’ll always be entertained, and it’s available practically everywhere except if you’re surrounded by mountains or in a tunnel. It’s a solid service.

I just didn’t want yet another subscription and even at $10.99 for their lowest “mostly music” package. It was too much. Their $15.99 and $19.99 all access are all reasonable prices (when our trial ended, it cost closer to $30 a month, and now the plan names have changed) given what you get but let me explain how easy it is to save 75%.

But… you should never pay full price for sirius XM. Never. Ever.

Siriusxm is a prime case where negotiating your subscription rate will always save you money.

All you have to do is call in, threaten to cancel, and wait until they offer you their comeback offer.

The best deal: here are the cliff notes to this post – to get the best deal, you have to call and threaten to cancel. They will then offer you the best deal. If they don’t, call back.

Or, you can take their current deal of 6 months of siriusxm for $50. It is very close to the best deal I’ve ever seen and you don’t have to call to cancel. The “best” varies month to month but this deal for 6 months at $50 is close to the best – I haven’t heard of someone getting the absolute best in quite some time.

Promotion: amazon echo dot + 3 months: $15

Siriusxm is running a special promotion where you can get a free amazon echo dot plus three months of siriusxm premier streaming for just $1.

If you were to buy an amazon echo dot (3rd gen) from amazon, the echo would run you about fifty bucks (MSRP).

Sirius standard pricing: $5 / month

Siriusxm has a few plans but the basic one for your car is $5 per month for 12 months (new subscriptions only).

Siriusxm select: $5 / month for 12 months for 140+ channels, then goes to $15.99 / month.

Premier streaming: this one isn’t for your car, it’s streaming to your computer or phone. It’s $5 / month for 12 months for 200+ channels, then goes to $15.99 / month

Siriusxm all access: $8.25 / month for 12 months for both streaming and in the car, then goes to $20.99 / month. It also comes with a free 3rd gen echo dot.

After the 12 month promotion period, you’re automatically renewed at the regular, much higher, price.

But you can do better than this offer. And it doesn’t even require too many hoops.

The absolute best deal: 6 months for $25

The best deal I’ve ever heard of is getting 6 months for $25.

All you need to say is “I love sirius XM, I just can’t afford that price. Is there any way you can help me?” — and they will help you.

If they don’t, and some representatives won’t, you need to hang up and call again. You may have to do this a few times.

You must take note of when your promotional period ends because they will start charging you full price immediately. There will be no warning, it’s automatic renewal at the full price, so mark it on a calendar somewhere and set up notifications.

When the time nears, call them up again. Sometimes they’ll cut right to the chase and offer to extend the deal. If you don’t, cancel it and you’ll get a “winback” offer in a month or two.

Don’t take anything worse than that deal.

What if you’ve called several times?

It could be a note in your account or just bad timing or luck, but if you’ve called a few times and they won’t budge – just cancel.

Siriusxm frequently will send a “winback” offer that is similar to the best price. They know that it costs them the same to run their service and each customer is just profit. They will attempt to win you back shortly after you cancel and you will just have to manage not having satellite radio for a little bit.

Siriusxm 25% military discount

If you are military personnel, which includes veterans, retirees, active duty, and reserves; you can get a 25% military discount. This is for the life of the subscription and you can call customer service at 1-866-635-2349 to learn more.

Siriusxm promotions

If you only care about getting the very cheapest, then $4.17 per month is the cheapest.

If the price is less important (say, if you’re being reimbursed or it is a tax-deductible expense) and you want to take advantage of promotions, siriusxm runs promotions periodically.

Review

Introduction

XM was first started back in 2009 in london and now they have an offering of more than 400 different instruments.

This includes over 350 cfds, as well as 57 currency pairs and 5 cryptocurrency cfds. XM is regulated by the FCA in the united kingdom and they have european passports with the mifid, as well as being regulated by the cysec in cyprus, as well as being regulated in australia as an ASIC entity.

They offer more than 30 language options for their users and they cater for any and all levels of trader. One of the recent awards they have received is being named as the best FX broker in europe in 2018 by the world finance magazine.

Over 30 supported languages

Numerous esteemed awards

Regulated by well-respected authorities

Trading conditions

XM offer three different types of account for their users. The micro account is best suited to beginners, with the standard account being ideal for flexible traders. The XM zero account generally is best suited for regular traders or those who place significant trades.

Depending on the specific instrument, for each of the account types you will be dealing with leverage ranging from 1:1 up to 30:1. While there are seven base currency options available with micro and standard accounts, you can only deal with USD and EUR when you have a XM zero account.

You have two accounts which are free from commissions – standard and micro accounts, while the XM zero account is based on commission. Looking at the XM zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.

The commission is $5 per side, so you are looking at competitive pricing as a whole.

XM always have a range of promotions they are running at any given time. They have a 100% deposit bonus up to $5,000, they have free VPS services and there are no fees on both deposits and withdrawals.

Wide ranging promotions

Commission free account options

3 different account types

Products

In total, there are 356 different cfds offered by XM, with five of these being cryptocurrency cfds. There are 57 currency pairs on offer and they don’t offer any ETF products.

356 CFD options

No ETF products

57 currency pairs

Regulation

Having been around since 2009, XM are regulated by a number of trusted authorities. They are authorised in the european union, as well as being regulated by the FCA in the united kingdom. They have the necessary approval from the cysec in cyprus as well as being a ASIC regulated entity in australia.

Platforms

The only platform that is offered by XM is metatrader, which is an industry standard trading platform. They offer both metatrader 4 and metatrader 5 and they have tweaked them slightly to suit the specific needs of their users.

You have access to virtual trading, but those using mac desktop computers will not be able to run this trading platform optimally. There are 51 different trading indicators available to you and there are 31 charting tools you can utilise.

Metatrader is the only trading platform available

51 trading indicators

Mobile trading

As a result of being a metatrader only platform, you will able to utilise the platforms on ios and android devices, whether it is through the MT4 or mt5 apps which can be downloaded straight away from either the app store or the android play store.

There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps.

Pricing

With XM the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them. There are three different account types in total. You have two accounts which are free from commissions – standard and micro accounts, while the XM zero account is based on commission.

Looking at the XM zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.

The commission is $5 per side, so you are looking at competitive pricing as a whole.

Lower overall spreads can be achieved by XM as they are the sole dealer in every single trade.

Competitive spreads thanks to XM being the sole dealer

Varying commissions and fee levels depending on account type

Deposits & withdrawals

With the micro and standard account types, you are not subject to a minimum deposit, but usually you will have to deposit at least $5 due to system requirements. There is a minimum required deposit of $100 for the XM zero account type.

All of the usual forms of deposit and withdrawal are available with XM, such as neteller moneybookers, debit and credit cards and skrill. Most of the deposit options will allow you to have your deposit processed instantly. Bank transfers will take between 2 and 5 business days to process though.

When it comes to withdrawing from XM, most options will have your withdrawal processed within 24 hours without having a minimum required withdrawal. If you are withdrawing via a bank transfer, then you will have to wait between 2 and 5 business days for it to be processed and there is a minimum withdrawal of $200 in place.

Variety of banking options

Quick processing times

Customer support

More than 14 languages are catered for through the customer support service at XM. You can reach them no matter what time of day it may be through their live chat feature.

You can also give them a call or send them an email, with the team working on weekdays only.

14 languages catered for

24/5 customer support

Research & education

There is a library of free educational materials for XM users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations.

Noteworthy points

As a whole XM is a trusted broker that has a solid and unspectacular offering for their users. They look after the needs of their clients through quality customer support and they have regular promotions such as a free VPS service.

As they are completely reliant on metatrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there.

Catering for 30 languages and having received numerous awards in recent years, including being named as the best FX broker in europe in 2018 by the world finance magazine, they hold a reputable place in the sector.

30 languages catered for

Free VPS service

Best broker in europe 2018 – world finance magazine

Conclusion

XM is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.

As they are reliant on metatrader for the trading software, you are not going to be surprised by anything on this front. They have a decent welcome bonus, matching your first deposit 100% up to a max bonus of $5,000.

They have a wide ranging section for education, including free weekly webinars that are interactive. It is an ideal learning ground for beginner traders and with three different account types, they cater for all kinds of traders depending on what their specific needs may be.

If you are looking for a platform that is easy and straightforward to use and that looks after their users, XM could be the right option for you.

Comparison

Broker comparison maecenas porta rhoncus dui ut congue. Donec luctus non sem eu euismod. Ut rhoncus mauris non bibendum congue. Donec maximus ipsum a lectus sollicitudin.

How to add siriusxm to your alexa-enabled device and listen to your favorite satellite stations

If you have an amazon alexa speaker, also known as an amazon echo, then you have a vast trove of music just a few commands away.

But if you're preferred music service is sirius XM and you haven't connected it to your alexa device, saying "alexa, play margaritaville," or "alexa, play wheels on the bus," will merely bring you to the same source for the music: amazon music. An to access that service's full unlimited music library, you'll have to pay for it.

If you're already paying for another music service like siriusxm consider expanding alexa's musical library by connecting the AI directly with your preferred music, news, and podcasts platform. Just remember that when logging into your siriusxm account, both usernames and passwords are case sensitive. Also double-check that there are no spaces in front of either.

Here's how to link siriusxm and alexa.

Check out the products mentioned in this article:

Amazon echo 3rd gen (from $59.99 at amazon)

How to add siriusxm to alexa on your amazon smart speaker

1. Open the alexa app on your mobile device and tap the menu icon at the top left.

2. Tap the "skills and games" option.

3. On the next window that appears, select "categories."

4. Scroll down and choose the "music & audio" category.

5. Once you've located the "siriusxm" option in this window, select it.

6. Tap "enable to use" and then enter your siriusxm account details.

7. Select "sign in" to pair alexa with sirius.

Your alexa device can play radio stations — you just need to enable the feature on the alexa app

How to add pandora to alexa on your amazon echo speaker

How to play podcasts on your alexa-enabled smart speaker

How to connect your spotify account to alexa on your amazon smart speaker

How to play apple music using alexa on your amazon echo speaker

Insider inc. Receives a commission when you buy through our links.

XM delete account – how to delete your account at XM.Com?

How to delete XM account

The XM trading platform was founded in 2009 for trading in binary options, stocks, and forex exchange (forex). It is one of the largest trading platforms, with more than two million users monthly. Since forex trading is advertised extensively, many people have opened an XM account hoping to make money trading. After a few weeks, months, or years, many people realize that they are not interested in forex trading because they are making losses. It is very time consuming, or they are making more money using other methods. So they want to find out how they can XM delete accounts so that they do not bother about hacking or other problems.

Closing MT4, MT5 account

To close the trading account, the trader will first have to log in to the client portal and go to the “close account” section. If a trader wishes to close the MT4, MT5 trading account, they should ensure that the account is verified, that it has no open trades, no pending trades, no pending withdrawals, and no available balance. The account can only be closed 24 hours after all open trades are closed. However, if trades are opened or deposited in the account during this 24 hour period, the closure process will be stopped, and the account will be reactivated. The account can also be reactivated from the member’s area.

If you change your mind, you can always read the XM review and see all the broker facts.
XM deposit and withdrawal methods are credit card, bank wire, skrill, neteller, and various electronic payment methods.

Stopping emails

One of the reasons people want to delete their XM account is that they receive emails regularly, which they find irritating. Owning the XM account takes some time, so if the trader wishes to close it, he will not use the XM platform again without wasting his time. So if they only are finding the emails inconvenient, they can mark them as spam so that the emails are delivered in the spam folder. Alternately there is an unsubscribe option in the emails, and the trader can opt-out of receiving emails in the future.

Sending email for account closure

To close the XM account completely, the user has to contact XM customer support. The customer support email for XM is support@xmglobal.Com. The email should be sent from the email id used for opening the XM account. The email should have the title ‘request for deletion of my XM account’ to prevent confusion. The trader should honestly specify why they want the XM account closed since XM will appreciate the feedback. He should provide the other account details in the email for account closure. He will usually get a confirmation email that the account closure request is being processed.

How to delete my forex account?

To delete any forex account, you need to withdrawal all funds and close all trades. Then, call your representative and request account termination. Usually, the process will be done in a couple of hours. If you didn’t use your forex account for a long time, it would be closed automatically by the forex broker.

Review

Introduction

XM was first started back in 2009 in london and now they have an offering of more than 400 different instruments.

Over 30 supported languages

Numerous esteemed awards

Regulated by well-respected authorities

Trading conditions

The commission is $5 per side, so you are looking at competitive pricing as a whole.

Wide ranging promotions

Commission free account options

3 different account types

Products

In total, there are 356 different cfds offered by XM, with five of these being cryptocurrency cfds. There are 57 currency pairs on offer and they don’t offer any ETF products.

356 CFD options

No ETF products

57 currency pairs

Regulation

Platforms

Metatrader is the only trading platform available

51 trading indicators

Mobile trading

There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps.

Pricing

The commission is $5 per side, so you are looking at competitive pricing as a whole.

Lower overall spreads can be achieved by XM as they are the sole dealer in every single trade.

Competitive spreads thanks to XM being the sole dealer

Varying commissions and fee levels depending on account type

Deposits & withdrawals

Variety of banking options

Quick processing times

Customer support

More than 14 languages are catered for through the customer support service at XM. You can reach them no matter what time of day it may be through their live chat feature.

You can also give them a call or send them an email, with the team working on weekdays only.

14 languages catered for

24/5 customer support

Research & education

Noteworthy points

As they are completely reliant on metatrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there.

30 languages catered for

Free VPS service

Best broker in europe 2018 – world finance magazine

Conclusion

XM is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.

If you are looking for a platform that is easy and straightforward to use and that looks after their users, XM could be the right option for you.

Comparison

Broker comparison maecenas porta rhoncus dui ut congue. Donec luctus non sem eu euismod. Ut rhoncus mauris non bibendum congue. Donec maximus ipsum a lectus sollicitudin.

So, let's see, what we have: XM offers multiple trading account types for clients to choose from to trade in various financial instruments, including forex and cfds (contracts for difference). At xm account