XM Market Limited Account Types

　　XM Market Limited offers a variety of trading account types to cater to different trading styles and preferences. The available account types include:

• Micro Account
• Minimum Deposit: $5
• Lot Size: 1 micro lot = 1,000 units of the base currency
• Leverage: Up to 1:1000
• Spreads: From 1 pip
• Commission: None
• Standard Account
• Minimum Deposit: $5
• Lot Size: 1 standard lot = 100,000 units of the base currency
• Leverage: Up to 1:1000
• Spreads: From 1 pip
• Commission: None
• Ultra Low Account
• Minimum Deposit: $5
• Lot Size: 1 lot = 1,000 units (micro) or 100,000 units (standard)
• Leverage: Up to 1:1000
• Spreads: From 0.6 pips
• Commission: None
• Shares Account
• Minimum Deposit: $10,000
• Lot Size: 1 share
• Leverage: Not applicable
• Spreads: Subject to the underlying exchange
• Commission: Yes, based on the underlying exchange
• Demo Account
• Purpose: Practice trading with virtual funds
• Access: Available for all account types

　　All accounts provide negative balance protection and are suitable for various trading strategies, from beginners to advanced traders.

　　

XM Broker Account Opening Process

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

• Visit the XM Website
• Go to the official XM website and click on the "Open an Account" button.
• Fill Out the Registration Form
• Provide personal details, including:
• First Name
• Last Name
• Country of Residence
• Email Address
• Phone Number
• Preferred Language
• Account Type (Micro, Standard, Ultra Low, or Shares)
• Email Confirmation
• After submitting the registration form, check your email for a confirmation link and click it to activate your account.
• Account Verification
• Log in to your XM account and click on the "Validate Your Account" button.
• Upload the required documents for verification:
• Proof of Identity (e.g., passport or driver's license)
• Proof of Address (e.g., utility bill or bank statement dated within the last 6 months)
• Start Trading
• Once your account is verified (typically within 1-2 working days), you can deposit funds and start trading.

　　By following these steps, you can easily open an account with XM and begin your trading journey.