Xm open account

Actual forex bonuses

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Xm open account

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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.

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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 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 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: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.04% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please consider 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.

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

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: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.04% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please consider 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.

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.

Demo trading

Now you know the basics, you have chosen your broker, and you are even ready to open a demo account.

Having a demo account means the following:

You will trade on the live market

It is for free, and you can use it as long as you want

It simulates real trading conditions, but does not expose you to risk

You trade with virtual currency – with no danger of losing real money

You can test all possible trading strategies as many times as you want

You can learn to use a trading platform at your own pace

You can learn to read charts, follow market trends, open and close orders.

Disadvantage

Demo trading only exposes you to virtual risk, so it does not really give you the feel of proper risk management. Dealing with your emotions is as important as dealing with your money. And a virtual world doesn’t involve real emotions to the full.

So how can you learn to keep emotions out of your trading decisions?

Solution

Open a demo account, use it to test the basics, and after a while open a real trading account fit for beginners with smallest minimum deposit and flexible leverage.

And now you may ask yourself: when is the best time to switch from demo to real? A reasonable question to which there is no definitive answer. Forex trading is a learning process the duration of which depends on the individual. Besides, it also depends on your investment needs, expectations, and the time you dedicate to it.

At XM, you can keep your demo account parallel to your trading account for an unlimited time. You have the freedom to use your demo account to test strategies, and then use the most effective ones on your real account.

Learn forex

Master technical analysis

Build A winning trading system

Trade with excellence

Fundamental analysis

Major currency fundamentals

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 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.

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.

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

Question: what's the difference between XM micro and standard account types?

XM - what's now?

Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.

Account types of XM

Trading volume of XM micro and standard accounts

Who is XM?

How to open XM account and start trading?
1. Signup and complete online registration
2. Open XM account
3. Start trading

XM is the most popular MT4 broker

How XM can offer its traders such tight spreads?

Start with XM’s demo (virtual) account for risk-free trading
- Differences of XM live (real) and demo accounts

How to make a deposit to XM?

Open your account with XM and trade forex and cfds

Account types of XM

XM offers 3 account types which are micro, standard and XM zero account.

Each account type offers different advantages for traders as follows:

Micro – for traders who prefer small trading volume

Standard – comes with standard trading conditions

XM zero – low trading cost from 0.0 pip

Trading volume of XM micro and standard accounts

The main difference between XM micro and standard accounts would be the trading volume.

As the size of 1 lot is different.

The minimum trading volume available in micro account is only 100 units, although it is 1,000 units for the standard account.

The available financial instruments are the same between different account types.

Who is XM?

Headquartered in cyprus, XM is a forex brokerage company that offers individual traders and institutional clients direct market access and professional support to trade foreign currencies online.

While being founded in 2009, XM has already become one of the fast growing brokerage companies in europe.

Nowadays, XM is a solid combination of long-term experience, high standards commitment and enthusiasm that creates impressive trading environment for the clients.

XM operates on the NDD model and provides its customers with award-winning metatrader4 and metatrader5 platforms as well as competitive price feed powered by XM’s liquidity provider integral.

The liquidity comes from the major world banks and enables XM company to serve clients with the real-time tightest market spreads.

When choosing XM, you join a reliable broker for all matters concerning professional forex trading.

How to open XM account and start trading?

Opening a real account with XM takes less than 5 minutes.

Just follow the instructions given below and every step towards opening your account will seem easier and more comfortable than the last.

On XM MT4 and MT5, you can start forex trading, CFD trading and futures trading in the financial markets of the world today.

To do that, you only have to take the following 3 steps.

Register at XM’s account opening page, which is optimized for faster and more comfortable communication between the client and XM.

XM’s members’ area (client portal) enables receiving operational information from the company, opening and closing real and demo accounts, funding and withdrawal from accounts, choosing your personal trading account settings and much more.

2. Open XM account

Once you have successfully completed the registration process, you can authorize yourself in the system and choose the option called “open real account”.

Now choose the type of account you wish to open and fill in the registration form.

Once you have filled in and sent the registration form, the system will automatically issue you a unique trading account number along with a password.

Now you can start using the XM’s client terminal to access your account.

3. Start trading

The XM’s metatrader4 terminal is available for download at XM official website and at the trader’s cabinet.

In order to start trading, place a deposit to your account in any way suitable for you.

XM is the most popular MT4 broker

According to metaquotes, the developer of MT4, XM is the largest MT4 broker in the world.

As the most popular and widely-used foreign exchange trading platform in the retail forex industry today, metatrader offers its users a wide array of tools for convenient and simple trading.

It also provides a uniform trading interface between different forex brokers.

Its greatest functional feature is its ability to automatically execute trading robots, referred to as “expert advisors”.

With XM, you can choose from MT4 and MT5.

Or you can also choose both of them and compare the platforms.

How XM can offer its traders such tight spreads?

In a way, XM will benefit from the availability of numerous liquidity providers for it will translate to better client fills.

Compensation enjoyed by the broker is usually from the spread markup obtained from the chosen liquidity provider or from the commissions that each trade imposed.

XM chooses banks trading on an interbank market and which are mostly market makers and offer fixed spreads, the clients are provided by the brokers with both variable and fixed spreads.

Every trade processed through the XM’s STP platform translates to profit for the XM.

But since they usually do not trade against their clients’ orders, brokers simply make adjustments to the spread received from the liquidity providers after asking for a bid/ask rate quote.

The increase is based on a particular amount of the fractional pips.

Start with XM’s demo (virtual) account for risk-free trading

XM’s demo account is a virtual account, which offers the trader an opportunity to try out trading in real-time, using the metatrader4 and metatrader5 trading platforms to perform transactions in the financial markets available in XM.

You can use XM’s demo trading account to:

Familiarize yourself with the XM MT4 and MT5 trading platforms.

Open a virtual account for an unlimited time.

Open an unlimited number of accounts.

Track the changes in the prices of instruments in real-time.

Perform trading operations not only manually, but also using trading advisors.

Develop and try out different trading strategies.

Receive operational information about world markets.

Take part in trading contests conducted by the company and receive monetary prizes.

Differences of XM live (real) and demo accounts

Please note that there are several important differences between XM’s live (real) and demo accounts.

You are trading using virtual money and operating with numbers.

The profit/loss acquired through trading isn’t real, because you are trading, using virtual money and a demo account.

When you open a demo account, you are able to define the size of the deposit (for the most realistic scenario, we recommend defining the sum you would deposit, once you start trading, using a real account).

How to make a deposit to XM?

XM made the procedure of funding your account as comfortable and as easy as possible by using electronic methods of payment.

Monetary transactions in dollars and euros can be made by choosing the method most comfortable for you.

At the moment of the transaction, the currency chosen may differ from the currency in which the trading account has been opened.

Should payment arrive in a currency different from the currency of the trading account, it will be converted by XM’s financial department according to the current market quotation and transferred to the trading account in the currency in which the trading account has been opened.

Open your account with XM and trade forex and cfds

XM is an european company and fully comply with the legislation of each country.

In contrast with market makers, XM is the real NDD broker with the objective to make customers winning and be successful.

XM dedicated servers and the latest high tech software guarantee market-leading response times, highly efficient order execution and the highest level of liquidity.

All that combined with XM’s passion to advanced forex trading make them a broker of choice for the traders from all over the world.

XM’s team would be pleased to welcome you as a new customer and provide you with the best possible support in your native language.

Post tags

See the trading condition of this mega FX broker.

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Hercules.Finance

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Community & support

Who is hercules.Finance?

Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.

Risk warning

Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

Question: what documents do I need to open an account with XM?

What are the requirements for XM trading account opening and fund withdrawals?

XM - what's now?

Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.

You can start trading without any documents though, you need to validate your account to withdraw funds.

To have your live/real account validated with XM, you need to provide two type of documents.

Identification document

Passport

Driver’s license

Identity card

Or other official identification document issued by authorities

The document needs to include full name, an issue or expiry date, address, date of birth, tax identification number and signature.

Proof of address

The document needs to be dated within the last 6 months and confirming the registered address.

You can provide these documents via email or the client portal.

For more information regarding to the verification, please contact XM support team.

How to submit the required documents to XM?

To submit the documents to XM, there are mainly 2 ways provided by XM.

The main way of submitting documents is using XM’s members area.

In the next page, you will see the details of the required documents and the specifications.

Uploading documents through the members are of XM is a secure and fast way to send them to XM’s compliance team.

Otherwise you can send the documents to XM’s compliance teams by attaching them to an email.

Why you need to submit the required documents?

XM is a brand used by international companies and they are all regulated and licensed by certain financial authorities.

To fit in the regulatory frameworks and follow directives, XM must process KYC (know your customer) procedure.

KYC can be completed by the client after providing all the necessarily information and documents to XM.

The account verification with documents is required in order to receive XM’s bonuses, withdraw funds and profits from trading accounts and to expand all the available options in XM’s members area.

If you cannot complete the account verification by submitting the documents, some of the features with XM may be restricted.

It is also the reason why you must fill in the account opening form with the correct and the latest information.

Additional documents required by XM

XM mainly requires the above mentioned 2 types of documents which are “ID” (identification document) and “POA” (proof of address).

But in some special cases, XM may request for additional documents.

The additional documents may be copies of your credit/debit cards and bank account statement.

In case of a corporate account, there are several more documents which must be provided to XM.

For more information, please contact XM support team from XM official website.

Post tags

#account opening

#broker

#CFD

#documents

#forex

#identification document

#investment

#live account

#proof of address

#real account

#trading

#trading account

#validation

#withdrawal

See the trading condition of this mega FX broker.

Comments

Features

MTN money payment is available for rwanda

Traders trust adds exotic FX pairs - HKD, SGD, CZK, ZAR and more

Interviewing the top forex trader who won the hotforex contest

What's the most profitable forex currency pairs?

Make a deposit to yadix MT4 with perfect money

Hotforex south africa (ZA) now accepts direct online bank transfer deposit

Deriv MT5 - how to subscribe/copy signals on the platform?

Liteforex MT4 and MT5 now available for macos

Superforex's millisecond execution for scalping trade

Deriv trading guide - deposit and withdrawal methods and conditions

MT5 update - deriv's new trading servers with lower spreads

Vantagefx largely reduces crypto CFD spreads (BTC, BCH, ETH, LTC)

All forex brokers

All crypto-currency exchanges

Latest article

MTN money payment is available for rwanda

Deposit your superforex account with MTN money.

Traders trust adds exotic FX pairs - HKD, SGD, CZK, ZAR and more

Traders trust now offers HKD, SGD, CZK, ZAR, RUB, NOK, and PLN currency pairs.

Interviewing the top forex trader who won the hotforex contest

What strategy has this FX trader chosen to win the contest?

What's the most profitable forex currency pairs?

The most profitable currency and metal trades of 2020.

Make a deposit to yadix MT4 with perfect money

Transfer fund from perfect money to yadix MT4, get an extra 5% equity bonus with the coupon code.

Hotforex south africa (ZA) now accepts direct online bank transfer deposit

Direct online bank transfer deposit is available for traders of south africa.

Deriv MT5 - how to subscribe/copy signals on the platform?

Here is a manual of deriv MT5 signals for both subscribers and providers.

Hercules.Finance

Sitemap

Services

Bonds

Cfds

Commodities

Copy trade

Cryptocurrency

Energies

Etfs

Forex

Indices

Metals

Mirror trade

Social trade

Stocks

Promotions

Community & support

Who is hercules.Finance?

Risk warning

XM trading account opening guide

This post will show you the process for XM registration with the latest step by step year 2020 activation procedures. Open an account can be done in just 5 minutes! Simply follow the instruction below for opening an XM account.

XM is a highly recommended forex broker. XM has been ranked no. 1 in the forex overall ranking for the 7-consecutive year!

How to open an XM account

Opening an XM account is very easy and can be completed in just 5 minutes. When you open an account with XM, the most popular forex trading company, you will have the advantages of high leverage with 888 times, $30 no deposit bonus, 100% deposit bonus and many other promotions.

Get ready and click on the button below, I will show you how to open an XM real account.

XM account opening guide

Opening an XM account is a very simple with 3 easy steps, just 5 minutes of your time.

Watch this video below:

Or you can follow the step by step below.

Below you will see the XM real account homepage.

Click the green "START WITH $30 FREE" (open a live account here) button from the XM website and it will redirect to the real account registration 1/2. Enter all the required personal information, including your email address and phone numbers.

XM offers metatrader 4 and 5 trading platforms, both of which are tools developed by metaquotes. MT5 is quite useful on the latest trading platform. Orders and chart analysis tools are also more than MT4.

XM offers three types of micro, standard and ultralow accounts. If you are a beginner FOREX trader, we recommend opening an XM micro account. Micro accounts can be traded from 10 currency units, so you can invest forex from a small investment.

The only difference between an XM standard account and an XM micro account is the number of lots. Spreads and leverage conditions are the same. XM ultralow is an ECN type account with spreads starting at zero, but when you actually test it, the transaction cost is almost the same. That's because the XM zero account has a fee for each trading lot. The forex leverage of the XM ultralow account is up to 500 times, but it does not come with non deposit bonus of $30 USD, the deposit bonus and the loyalty program. I think that forex standard account is better overall.

After entering all the fields, click the go to step 2 button.

Enter your desired "account password " and click "open real account". Next, you will see a page that says, "congratulations on opening a real account with XM."

Confirm your email address

After opening your XM account, you will receive the following confirmation email at the registered email address. Click the "please confirm your email address" button to confirm your email address.

XM account activation procedure

In order to activate your XM account, you will need to provide identification and address verification documents. First, login using the password that you set when registering for XM member and the MT4 / MT5 ID sent to the email.

When you log in to the XM member page, you will see a notice on your member page that your account has not been activated yet that your account has not been activated.

Click the "activate your account here" button to go to the screen where you upload your documents.

#1 - A color copy of a valid passport or official ID (driver's license, ID card, basic resident register card, my number card, etc.). The ID must be valid and include a name, date of issue or expiration date, date of birth, and so on.

Basically, please submit your license, resident card, passport, etc. As your ID.

#2 - submit recent utility bills (electricity, gas, water, internet, cable TV connection, etc.) or bank (credit / debit card) statement issued in the last 6 months! You can submit your driver's license as proof of address if you have submitted your passport as identification documents.

Finally, click the "document upload" button to complete the XM account activation procedure. The status of the member page will change to "pending".

Next, you will have to wait until you receive the "activation complete email". If your documents are OK, your account will be activated within 24 hours. If you have any problems with the documents, you will receive an email inquiry and you will need to resubmit the required documents. XM will let you know what's wrong with your submission.

Question: what documents do I need to open an account with XM?

What are the requirements for XM trading account opening and fund withdrawals?

XM - what's now?

Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.

You can start trading without any documents though, you need to validate your account to withdraw funds.

To have your live/real account validated with XM, you need to provide two type of documents.

Identification document

Passport

Driver’s license

Identity card

Or other official identification document issued by authorities

The document needs to include full name, an issue or expiry date, address, date of birth, tax identification number and signature.

Proof of address

The document needs to be dated within the last 6 months and confirming the registered address.

You can provide these documents via email or the client portal.

For more information regarding to the verification, please contact XM support team.

How to submit the required documents to XM?

To submit the documents to XM, there are mainly 2 ways provided by XM.

The main way of submitting documents is using XM’s members area.

In the next page, you will see the details of the required documents and the specifications.

Uploading documents through the members are of XM is a secure and fast way to send them to XM’s compliance team.

Otherwise you can send the documents to XM’s compliance teams by attaching them to an email.

Why you need to submit the required documents?

XM is a brand used by international companies and they are all regulated and licensed by certain financial authorities.

To fit in the regulatory frameworks and follow directives, XM must process KYC (know your customer) procedure.

KYC can be completed by the client after providing all the necessarily information and documents to XM.

If you cannot complete the account verification by submitting the documents, some of the features with XM may be restricted.

It is also the reason why you must fill in the account opening form with the correct and the latest information.

Additional documents required by XM

XM mainly requires the above mentioned 2 types of documents which are “ID” (identification document) and “POA” (proof of address).

But in some special cases, XM may request for additional documents.

The additional documents may be copies of your credit/debit cards and bank account statement.

In case of a corporate account, there are several more documents which must be provided to XM.

For more information, please contact XM support team from XM official website.

Post tags

#account opening

#broker

#CFD

#documents

#forex

#identification document

#investment

#live account

#proof of address

#real account

#trading

#trading account

#validation

#withdrawal

See the trading condition of this mega FX broker.

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Risk warning

How do I open a XM demo account? XM demo forex

How do I open a XM demo account? XM demo forex

Open forex a demo account. Click open demo

Get account number and password.

Download metatrader 4 and log in to it using the received data.

Start forex trading on demo account.

How do I log into my XM demo?

Now you will be prompted to select between login with existing account /open a demo account.

On clicking either login with existing account/open a demo account, a new window opens.

Enter XM in the search field.

Click the XM.COM-demo icon if you have a demo account, or XM.COM-real if you have a real account.

Step 1: click the “deposit” button from my account.

My account XM demo ccount, click “deposit” button on the menu on the left side of the screen.

Step 2: select deposit option. …

Step 3: enter the amount you want to deposit. …

Step 4: enter credit card information. …

Step 5: successful deposit.

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, and trading point MENA limited.

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

Question: how to open XM ultra low spread account?

XM - what's now?

Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.

How to open XM ultra low spread account

XM ultra low spread account type is available in the account opening page as below.

There are 2 types of “ultra low spread” account which are micro and standard account.

“XM ultra low micro account” and “XM ultra low standard account” has almost the same trading conditions as the “micro” and “standard” account, but the following conditions are different:

1. Spread from 0.6 pip and no extra commissions

With the “ultra low” spread starting from 0.6 pip, there is no trading commissions.

You can trade with the raw spread and no extra cost.

2. Deposit bonus is not available

Deposit bonus isn’t available for the “ultra low” spread account, but only no deposit bonus is available.

Account type is available exclusively

XM has started offering this account type from march 2019, but note that it is available only for traders in the limited number of countries.

Depending on the country you reside in, you may not be able to open this account type.

To find out if you are eligible to open “ultra low” account, please go to XM official website.

Why you should trade with XM?

XM’s MT4 and MT5 platforms are equipped with state-of-the-art technology and unique and exciting features to enable forex trades get the best out of their trading experience.

XM is a NDD (non dealing desk) broker, giving you the best quotes from top tier banks and institutions and letting you trade directly into the market.