XM.com Account Type

　　XM.com offers a variety of account types tailored to different trading needs. The main account types include:

• Micro Account:
• Minimum deposit: $5
• Leverage: Up to 1:30
• Spread: From 1 pip
• Ideal for beginners looking to trade small amounts.
• Standard Account:
• Minimum deposit: $100
• Leverage: Up to 1:30
• Spread: From 1 pip
• Suitable for more experienced traders who want to trade larger volumes.
• ECN Account:
• Minimum deposit: $100
• Leverage: Up to 1:500
• Spread: From 0.1 pips (commission applies)
• Designed for professional traders seeking direct market access and lower spreads.

　　

XM.com Broker Account Opening Process

　　Opening an account with XM.com is a straightforward process, which can be completed in a few steps:

• 　　Visit the XM Website: Go to www.xm.com.

• 　　Choose Account Type: Select the account type that suits your trading needs (Micro, Standard, or ECN).

• 　　Fill Out the Registration Form: Provide your personal details, including your name, email address, and phone number.

• 　　Verify Your Identity: Upload the required documents for identity verification, such as a government-issued ID and proof of address.

• 　　Fund Your Account: Choose a payment method and deposit the minimum required amount for your selected account type.

• 　　Download Trading Platform: Once your account is approved, download the trading platform (MetaTrader 4 or 5) to start trading.

• 　　Start Trading: Log in to your account on the trading platform and begin trading.

　　This process ensures that traders can quickly and safely start their trading journey with XM.com.