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Just about 2 minutes will be required until you complete XM account application.
XM can be safely recommended to those who are interested in professional trading with high order processing speed and you can start trading within 30 minutes in the fastest case.
All the certificates can be sent online and you won’t be bothered by postal mail or FAX.
Please make sure that you are filling in the correct personal information. After registering your personal information, you will receive the account information of the Members Area. Then you are asked to upload your certificates such as personal identification or certificate of residence from your exclusive bar area. Once your real account is validated, you will be enable to enjoy all the services from XM.
The account opening is totally free
Step1. Go to XM Official Website.
Step2. Fill in the required fields
In the first section, you need to fill in the following details:
- First Name and Last Name
- Country of Residence
- Preferred Language
- Phone Number
- Email Address
Step3. Choose your account type
Before proceeding to the next step, you must choose the account type of XM.
You can pick up from Standard, Micro and XM Zero account types.
And also you can choose MetaTrader4 (MT4) or MetaTrader5 (MT5) platforms.
After the registration, you can also open multiple trading accounts of different account types.
Visit XM Official Website.
How to claim XM’s bonuses?
XM has several bonus programs and trading contests.
The available bonus programs of XM include:
$30 No Deposit Bonus
You can get it for free and trade it without making a deposit. It is a risk-free bonus program for new traders.
50% and 20% Deposit Bonus
You can get on your deposit amount. The bonus amount is up to $5000 and will help your trading with extra margin.
Loyalty Program
XM’s Loyalty Program gives you an extra trading bonus. You earn XMP (XM Point) every time you trade and you can exchange the XMP for the trading bonus. XM also runs other types of promotions occasionally.
For the latest available bonus programs and contests, please visit XM Official Website.
Visit XM Official Website.
How do you get a $30 Deposit Bonus
Here is how to get a $30 no-deposit bonus (welcome bonus).
- Open a real trading account with XM
- The program is available only once for a new trader of XM.
- Complete account verification
- The requirement to get XM’s $30 No deposit bonus is account verification.
- Login to XM’s member's area and provide the identification documents to validate your account.
- Claim the bonus in the member's area
- After the account verification is completed, you can claim the $30 No Deposit Bonus by clicking on the button.
- When you claim the bonus, you must complete the voice verification process by following the on-screen instructions.
- Start trading
- Download XM MT4 or MT5 and log in.
You should see a $30 bonus already in your account ready for trading.
How do you get 50% and 20% Deposit Bonus
Here is how to get a deposit bonus (trading bonus).
- Open a real trading account with XM
- Make a deposit
- Get the trading bonus
The bonus will be applied to your deposit amount. 50% bonus to the first $500 and 20% bonus up to $4500. The total bonus amount you can get through XM’s deposit bonus is $5000.
XM’s 50% and 20% Deposit Bonus can be applied from $5 of the minimum deposit amount. Login to XM’s members and choose the preferable funding method.
Note that you cannot receive XM’s trading bonus on the XM Zero account type. You may open a Micro or Standard account to get the bonus.
How to participate in XM Loyalty Program?
XM’s loyalty program is a promotion which gives you a trading bonus for the exchange of XMP (XM Points).
You must agree to the terms and conditions and confirm your participation in XM’s members area to participate in XM’s loyalty program,
After participating, you will start earning XMP every time you trade.
And you can exchange XMP for a trading bonus.
How you can deposit funds into your trading account
XM provides you with several fund deposit methods such as bank wire transfers, online wallets and credit/debit cards.
First, you log in to XM’s members from the XM Official Website.
After logging into your member's area, you can find the list of available fund deposit methods.
Note that the available funding methods may be different depending on the country you reside in.
How do you change the base currency of the XM trading account
You cannot change the base currencies of XM trading accounts.
To use trading accounts with different base currencies, you need to open additional trading accounts from XM Official Website.
You can open multiple trading accounts (up to 8) with XM, in different base currencies to manage your funds more effectively.
Visit XM Official Website.
How to withdraw money from XM trading account
First of all, you log in to XM’s members area and proceed to the fund withdrawal section.
As a rule for fund withdrawals, the fund will be transferred to the source up to the amount sent from the source.
For any exceeded amount, XM will transfer the funds to your account.
How long does withdrawal take
XM processes all fund withdrawal requests within 24 hours in business days.
Then your funds will be transferred into your account, which would be your bank account, via credit/debit cards or account of your online wallets.
If your fund remains and is not transferred to your account over a few days later, then you may contact the XM support team to find out how the withdrawal is being processed.
Contact XM Support Team XM Official Website.
How much you can withdraw from XM trading account
From MT4 and MT5 of XM trading accounts, the available withdrawal amount is unlimited.
You can withdraw your funds and profits at anytime so quick.
Note that you can only withdraw funds when you have closed all positions in the account. If your open positions have losses, then you must close them before requesting for fund withdrawals.
For more information about fund withdrawals, please contact XM’s multilingual support team.
Contact XM Support Team XM Official Website.
Details
Minimum deposit | $5 |
Currency pairs | 55+ |
Spread EURUSD | from 0 Pip |
Min. volume size | 1000 units (micro lot) - 0.01 |
Headquarters | Australia, Cyprus (European Union) ,Belize |
Founded | 2009 |
Mobile trading | Android & iOS |
Account types | Standard, Micro, Zero, XM Ultra Low Account |
Scalping | allowed |
Trading Contests | Yes |
Average spreads | EUR/USD 0,1 Pips USD/JPY 0,1 Pips EUR/JPY 0,6 Pips GPB/USD 0,4 Pips |
Languages supported | Arabic, Bengali, Chinese Simplified, Chinese Traditional, Czech, Dutch, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Persian / Farsi, Polish, Portuguese, Russian, Spanish, Swedish, Tagalog, Thai, Turkish, Vietnamese |
Regulation & Licenses | ASIC Australia, CySEC (Cyprus), FSC (Belize) |
Visit XM Official Website.
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- Author:Jiroop
- URL:https://finance.jiroop.com/article/how-open-your-xm-trading-account-todaydetailed-trade-fulltime
- Copyright:All articles in this blog, except for special statements, adopt BY-NC-SA agreement.
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