XM Account Types

　　XM offers several trading account types designed to meet different trading needs:

• Standard Account
• Minimum Deposit: $5
• Spreads: Variable spreads starting from 1 pip
• Commission: No commissions
• Leverage: Up to 1:888
• Features: Negative balance protection, hedging, and Islamic account options available.
• Ultra Low Account
• Minimum Deposit: $5
• Spreads: Ultra-low spreads starting from 0.6 pips
• Commission: No commissions
• Leverage: Up to 1:888
• Features: Ideal for high-volume trading with reduced costs.
• Shares Account
• Minimum Deposit: $10,000
• Spreads: Variable spreads
• Commission: Applicable for shares trading
• Leverage: Up to 1:20 for shares
• Features: Designed for traders looking to invest in stock markets.

　　All accounts come with negative balance protection and various trading features that support both novice and experienced traders.

　　

XM Broker Account Opening Process

　　To open an account with XM, follow these simple steps:

• Sign Up
• Visit the XM website and click on the "Open an Account" button.
• Fill in the registration form with your details.
• Verification
• After registration, you will need to verify your identity by uploading a valid ID and proof of address.
• The verification process typically takes 1-2 business hours.
• Deposit Funds
• Make your first deposit. The minimum deposit varies by account type (starting from $5).
• Choose your preferred payment method from the available options.
• Start Trading
• Once your account is verified and funded, you can log in to your trading account and start trading.

　　For more detailed information, you can visit their official website: XM Account Types.