You have been participating in XM for a long time and know its reputation. However, I don’t know how to create an account on XM to be able to make transactions there. If so, please follow the entire article below. Learn Forex Trading will guide you on how to open an XM account with the most detailed steps.
Steps to register an XM account
To register for a Forex account, you should follow these steps:
Step 1: Visit the XM website
Access the UK version of the account registration page at:https://www.xm.com
At this time, XM‘s interface will appear as follows:
Here you fill in all required information including:
– Nation
– Mailing address
– Password
After you fill in all the above information, select the partner code enter the partner code “WQD9K“ and select Register to create an account.
After filling in all the information, check the box I agree to receive newsletters, company news, and product updates, then select register to go to the next step.
Step 2: Confirm activation email
At this time, XM will send you a registration confirmation email. Please check the inbox of the email you used to register above to confirm your account. (If you can’t find the email, please check your spam folder as well)
In the confirmation email sent to you, click “Confirm Email” Please.
Step 3: Verify the profile
After clicking on confirm email, the following screen will appear:
Here, you click on the button profile authentication
Now you need to fill in all the information required by the exchange.
SelectContinue
Click select start authentication, to proceed with your authentication process
Click the buttonBegin
In the ID type selection section, you can use 1 type of document.
In the Country information section, you choose the ID type using one of the passport documents, driver’s license or identification card. Here, we will choose an ID Card.
After selecting the type of ID to verify your identity, you need to take a photo of the front and back of the ID by placing the ID in the frame as required by the exchange.
Next, you need to verify your face by following the instructions provided by the exchange
Click the Finish button to complete the verification.
The broker will check the quality of your image to see if it meets the exchange’s requirements, such as: documents must be photographed with adequate lighting, and information in the documents must be clearly shown.
Once the check is complete, you will receive confirmation of successful document upload.
Once you have completed the authentication process, your information will be sent to your email and reviewed within 24 hours.
Also if you want to open more accounts, select the account, next selection more accounts as below:
Step 5: Deposit into account
Once you have successfully opened an account, to be able to trade on the XM forex exchange you need to deposit money into your account.
To deposit money, select the item recharge, and choose the deposit method.
However, to better understand how to deposit money into XM in more detail, you should refer to how to deposit money here.
See more: Registering XM broker account on the phone
Why should you choose the XM exchange?
XM is a reputable trading exchange and is managed by reputable regulatory agencies in the world such as ASIC, CySEC, and IFSC. This ensures that the exchange complies with regulations and laws, protecting the interests of customers. In addition, the exchange has many useful features for traders, including:
– Provides a variety of trading accounts to suit the needs of each trader.
– Offers a wide variety of trading instruments and markets to trade.
– Provide free trading courses and educational materials
Benefits of registering an XM account
There are many benefits when registering for an XM account, including:
1. Get access to many different account types: offers a variety of account types to suit each person’s needs and investment goals, including Micro, Standard, and XM Zero accounts.
2. Provided with many investment tools and functions: provides many advanced tools and functions to help users invest effectively, including more than 1000 currency instruments, commodities, stocks, indices, and securities.
3. Low transaction fees: offers lower transaction fees compared to
Frequently asked questions about the XM exchange
1. What is XM?
This is a Forex and CFDs trading platform founded in 2009.
2. Where is XM headquartered?
XM ‘s headquarters are located in Limassol, Cyprus and there are representative offices around the world.
3. Who is XM licensed and regulated by?
This is licensed and regulated by the Cyprus Securities and Markets Commission (CySEC) and regulated by the European Securities and Markets Authority (ESMA).
4. Does XM offer Demo accounts?
Yes, XM offers a free Demo account for new traders to test and hone their trading skills.
So Learn Forex Trading has shared with you very detailed ways to register an XM account. Hope these shares are useful to you, they will help you open a trading account successfully.
