XM Account Type

　　XM offers a variety of trading account types tailored to meet the needs of different traders. The primary account types include:

• Standard Account
• Minimum Deposit: $5
• Bonuses available to boost trading power.
• Offers negative balance protection, hedging, and Islamic options.
• Ultra Low Account
• Minimum Deposit: $5
• Ideal for high-volume trading with reduced costs through low spreads and lower swap fees.
• Shares Account
• Minimum Deposit: $10,000
• Designed for those looking to invest in company shares and capitalize on stock market opportunities.

　　All accounts provide essential features such as negative balance protection and hedging options, ensuring a secure trading environment.

　　Learn more about XM account types

　　

XM Broker Account Opening Process

　　Opening an account with XM is a straightforward process that can be completed in a few simple steps:

• Register
• Fill out the online application form with your personal details.
• Deposit
• Make an initial deposit to fund your account. The minimum deposit varies by account type (e.g., $5 for Standard and Ultra Low accounts).
• Verification
• Submit identification documents for account verification. This step is crucial for ensuring the security of your funds.
• Start Trading
• Once approved, you can log in to your trading account and start trading on various platforms, including desktop and mobile.

　　For detailed information on the account opening process, visit XM's account opening page.