Before you can start trading, you need to register. Once you have completed the registration process, you can select a type of account, and begin to make your deposit. After funding your XM account, you will be able to start trading within 30 minutes. In addition, a free XM bonus is available to new traders.
The first step is to go to the XM website. On the home page, you will find a link to the XM Demo Account. This demo account is ideal for testing out new trading strategies, and is a risk-free way to practice trading on live markets. It is easy to open and is completely free. A username and password are sent by email. If you are interested in using a different language, you can change it at any time.
Next, you need to fill out the XM registration form. Make sure to include all of your pertinent information. Your name, country of residence, and email address are all essential. The verification process is usually swift, and you should receive your login details in less than 24 hours. Upon completing the registration form, you will have access to the XM Client Portal. At this point, you can choose to download the MT4 or MT5 trading platforms.
For a complete listing of XM"s products and services, visit their website. They also have a newsletter to keep you up to date on the market.
During the XM registration process, you will be asked to select your preferred payment method. Depending on your bank, it may take as little as two days for a non-electronic method to reach your account. When you are ready to make your deposit, follow the instructions on the secure membership page.
Another important XM item to know is their minimum requotes. You should be able to make a profit of at least a few hundred dollars from your initial deposit, but you should be aware that the maximum is only limited by your account"s size.
The XM Demo Account is the perfect place to practice before you begin trading live. The XM Micro Account and XM Zero Account are also available. Both of these accounts are offered in several major currencies, and are accessible from the comfort of your computer.
Finally, you will need to provide some documents to complete the verification process. Your proof of address statement must be dated within the past three months. Other documentation includes utility bills, such as internet, water, or gas.
XM is a reputable and trusted broker, and has a variety of offerings for its customers. Whether you"re looking to trade Forex, CFDs, or commodities, XM has you covered.