How to Open an Account in XM

How to Open an Account in XM

jurnalis 15 Sep 2023 197 views

XM is one of the most well-known brokers in Asia. Since it first operated in 2009, as many as 4 million clients have registered with XM. If you are interested in opening an account in XM broker, here are the steps.

As one of the leading brokers that is widely used by traders all over the world, XM provides reliable trading platforms, advanced features, and excellent customer service. It also offers a variety of account types to accommodate all kinds of traders, from beginners to professionals.

This article will explain how to register an account in XM broker and verify it. By following this guide, you will be able to start your trading journey more easily.

 

Guide to Opening an XM Broker Account

  1. Open XM registration page. Fill in the registration form with your country of residence, email, and password. Tick the agreement column, then click "Register".
    Register

  2. A notification will appear for email verification.
    Email verification

  3. Please open your email and click "Verify". Then, you will be redirected to XM dashboard.
    Verification Email
    In the email, you will also get the MT IDs for XM demo and real accounts.
    Account Details

  4. Congratulations, your XM account has been successfully created. Your client area will look like this.
    Client Area XM



After Registering with XM Broker, Verify Your Data

To enjoy unlimited access to all XM features, you need to verify your data. Here are the steps:

  1. Open your XM Client Area, then click "Verify Now".
    Verify Now

  2. Fill in your full name, date of birth, and phone number. Once all columns are filled, click "Continue".
    Personal data form

  3. Next, complete your profile details, starting with country of residence, address, city, and postal code. Once finished, click "Add Financial Details".
    Add Financial Details

  4. Upon receiving questions about your forex or CFD trading experience, answer "Yes" if you have any knowledge and experience in forex trading, and "No" if you are a complete beginner.
    XM broker questions

  5. Next, upload the documents required to verify your personal data.
    Start verification

  6. Select the document you want to use for verification. You can use your ID card, SIM, or Passport. For ID card verification, please click  "Identity Card".
    Selection of documents for verification

  7. Then, select the method for uploading the file. You can use mobile (smartphone) or webcam (PC). Please click "Continue on mobile" if you choose to upload via smartphone. With this option, you will be directed to upload a file via a link that can be scanned or with email.
    Upload on mobile

  8. Wait for your documents to be verified by XM broker.

  9. If the verification is approved, your account will have a "Verified" mark in the Client Area.
    Verified Account

That's all for the guide on how to open an account at XM broker and verify it. If you experience difficulties during account opening or verifying, please contact XM customer support on their website.

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