How to Sign Up and Deposit Money at XM

How to Sign Up and Deposit Money at XM


How to Sign up for XM Account
 

How to Sign up


1. Go to the registration page

You must first access the XM broker portal, where you can find the button to create a account.

As you can see in the central part of the page there is the green button to create a account.

The account opening is totally free.
How to Sign Up and Deposit Money at XM
It may take only 2 minutes to complete the online registration with XM.


2. Fill in the required fields

There you will have to complete the form with the required information as below.
How to Sign Up and Deposit Money at XM
  • First Name and Last Name
    • They are displayed in your identity document.
  • Country of Residence
    • The country you reside in may affect the account types, promotions and other service details available for you. In here, you may select the country you currently reside in.
  • Preferred Language
    • The language preference can be changed later too. By selecting your native language, you will be contact by support staffs who speak your language.
  • Phone Number
    • You may not need to make a phone call to XM, but they may call in some cases.
  • Email Address
    • Make sure you type in the correct email address. After the completion of the registration, all communications and logins will require your email address.

Please Note: Only one email address per client is allowed.

At XM you can open multiple accounts using the same email address. Multiple email addresses per client are not allowed.

If you are an existing XM Real account holder and you wish to open an additional account you must use the same email address already registered with your other XM Real Account(s).

If you are a new XM client please ensure that you register with one email address as we do not allow different email address for every account you open.



3. Choose your account type

Before proceeding to the next step, you must choose Trading Platform Type. You can also choose MT4 (MetaTrader4) or MT5 (MetaTrader5) platforms.
How to Sign Up and Deposit Money at XM
And the account type you like to use with XM. XM mainly offers Standard, Micro, XM Ultra Low Account and Shares Account.
How to Sign Up and Deposit Money at XM
After the registration, you can also open multiple trading accounts of different account types.


4. Agree to the Terms and Conditions

After filling in all the blanks, lastly you need to click in the boxes and press "PROCEED TO STEP 2" as below
How to Sign Up and Deposit Money at XM
In the next page, you will need to fill in some more details about yourself and investment knowledge.
How to Sign Up and Deposit Money at XM
How to Sign Up and Deposit Money at XM
The Account password field should consist of three character types: lowercase letters, uppercase letters, and numbers.
How to Sign Up and Deposit Money at XM
After filling in all the blanks, lastly you need to agree to the terms and conditions, click in the boxes and press "OPEN A REAL ACCOUNT" as above


After this, you will receive an email from XM for email confirmation
How to Sign Up and Deposit Money at XM
In your mailbox, you will receive an email like the one you can see in the following image. Here, you will have to activate the account by pressing where it says “Confirm email address“. With this, the demo account is finally activated.
How to Sign Up and Deposit Money at XM
Upon confirmation of the email and account, a new browser tab will open with welcome information. The identification or user number that you can use on the MT4 or Webtrader platform is also provided.
How to Sign Up and Deposit Money at XM
Go back to your Mailbox, you wil receive a login details for your account.
How to Sign Up and Deposit Money at XM
It should be remembered that for the version of Metatrader MT5 or Webtrader MT5 the account opening and verification process is exactly the same.

How to login to XM

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 Ultra Low 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 Ultra Low 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 Ultra Low as shown in the table above.


How to make a Deposit in XM

 


Deposit on Desktop

To make a deposit into XM’s trading account, please follow the instruction below.

1. Login to the XM

Press “Members Login
How to Sign Up and Deposit Money at XM
Enter your MT4/MT5 ID and Password, Press "Login"
How to Sign Up and Deposit Money at XM


2. Select the deposit method “Credit/Debit Cards”

Deposit methods Processing time Deposit fees
Credit/Debit Cards Immediately Free
International bank transfer 3-5 working days Free
Skrill
(MoneyBookers)
Immediately ~ within 1 hour Free
Clients bear payment fees
Neteller Immediately ~ within 1 hour Free
Clients bear payment fees

How to Sign Up and Deposit Money at XM
How to Sign Up and Deposit Money at XM

NOTE: Before you proceed with a deposit via credit/debit cards, please note the following:

  • Please make sure that all payments are made from an account registered in the same name as your XM account.

  • All withdrawals, excluding profits, can only be paid back to the credit/debit cards that the deposit was initiated from, up to the deposited amount.

  • XM does not charge any commissions or fees for deposits via credit/debit cards.

  • XM will credit your account within a few minutes and notify you via email so that you can start trading immediately.

  • By submitting a deposit request, you consent to your data being shared with third parties, including payment service providers, banks, card schemes, regulators, law enforcement, government agencies, credit reference bureaus and other parties we deem necessary to process your payment and/or verify your identity.


3. Enter the deposit amount and click "Deposit"
How to Sign Up and Deposit Money at XM

4. Confirm the account ID and deposit amount

Click on "Confirm" to proceed.
How to Sign Up and Deposit Money at XM

5. Enter all the required information to finish the Deposit.

Click "Pay Now"
How to Sign Up and Deposit Money at XM
The deposit amount will be instantly reflected into your trading account.

Are you having trouble with Deposit to XM MT4 or MT5?

Contact their support team on Livechat. They are available for 24/7.


Deposit on Mobile Phone


1/ Click the “Deposit" button from Menu

After logging into My Account XM Group official account, click “Deposit” button on the menu on the left side of the screen
How to Sign Up and Deposit Money at XM

2/ Select Deposit payment method

Credit/Debit cards is a recommended payment for deposit because it’s simple and allows fast deposit.
How to Sign Up and Deposit Money at XM

3/ Enter the amount you want to deposit


Use your registered currency when opening an account. If you have selected trading currency is USD, then enter the deposit amount in USD.

After checking the XM Account ID and the amount of money needed to deposit, enter the amount you wish to deposit to your account, click “Deposit" and you will be redirected to the payment age.
How to Sign Up and Deposit Money at XM

4. Confirm the account ID and deposit amount

If the information is correct then you click the “Confirm" button.
How to Sign Up and Deposit Money at XM


5/ Enter Credit/Debit cards information

Please enter your Credit/Debit cards information because the system will automatically direct you to the card information input page.

If your card was previously charged, some information should have been previously entered. Confirm the information such as expiry date, …make sure all information is correct.
How to Sign Up and Deposit Money at XM
Once the information is filled, Click the “Deposit” button a message will appear “please wait while we process your payment”.

Please do not click Go back button on the browser while payment is being processed.

Then the process is complete.
 

Deposit methods other than Credit/Debit cards payment will not be reflected immediately.

If the payment is not reflected in the account, please contact support team at XM Group if the payment is not reflected in the account.

In addition, if your account is deposited from a foreign country other than your registered permanent resident address, you will need to attach a Credit/Debit cards details sheet and a credit/Debit cards image to the support team for security reasons

Please note that the above provisions will apply in the case of Credit/Debit cards issued in foreign country or when traveling abroad.


What is the minimum deposit for a trading account?

It is $5 for MICRO, STANDARD and ULTRA LOW accounts. For SHARES accounts it is $10,000.
 

Do you offer cent accounts? Is the deposit visible in cents?

We offer MICRO trading accounts, where 1 micro lot (pip) is equal to 10 USD cents. However, your deposit is always visible in the actual amount, e.g. if you deposit 100 USD, your trading account balance will be 100 USD.
 

In which currencies can I deposit money into my trading account?

You can deposit money in any currency and it will be automatically converted into the base currency of your account, by XM prevailing inter-bank price.
Thank you for rating.
Source: XM Trading Forex - xtradingfx.com | How to Sign Up and Deposit Money at XM - https://xtradingfx.com/how-to-sign-up-and-deposit-money-at-xm-0004133
REPLY A COMMENT Cancel Reply
Please enter your name!
Please enter a correct email address!
Please enter your comment!
The g-recaptcha field is required!

Leave A Comment

Please enter your name!
Please enter a correct email address!
Please enter your comment!
The g-recaptcha field is required!