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Pros

User-friendly trading platform that is easy to navigate.
Wide range of digital currencies available for trading.
Competitive trading fees with no hidden costs.

Cons

Unregulated status raises concerns about safety and reliability.
Limited educational resources for beginner traders.
Difficulties in withdrawing funds if issues arise with the broker.

XTM broker Accounts

XTM Account Type

XTM offers two main types of trading accounts: XTM Standard and XTM Pro. Both account types provide access to a wide range of instruments, including forex, indices, commodities, shares, and ETFs, with over 1600 instruments available for trading.

  • XTM Standard Account:
    • Type of Execution: Market
    • Maximum Leverage: 1:500
    • Minimum Spread: 0.9 pips
    • Commission: $4 USD/EUR per lot for foreign currency, indices, and futures contracts; 0.08% per transaction for CFD securities and ETFs, with a minimum of 8 units.
    • Account Currency: USD, EUR
    • Minimum Deposit: $1000
    • XTM Pro Account:
      • Type of Execution: Market
      • Maximum Leverage: 1:500
      • Minimum Spread: 0.1 pips
      • Commission: $4 USD/EUR per lot for foreign currency, indices, and futures contracts; 0.08% per transaction for CFD securities and ETFs, with a minimum of 8 units.
      • Account Currency: USD, EUR
      • Minimum Deposit: $1000

      XTM Broker Account Opening Process

      Opening an account with XTM is a straightforward process that involves several steps:

      • Visit the Registration Page: Go to the XTM official website and locate the account registration section.

      • Fill in Basic Details: Provide essential personal information, including:

        • First Name
        • Last Name
        • Country of Residence
        • Email Address
        • Phone Number
        • Choose Account Type: Select the desired account type (Standard or Pro) and agree to the terms and conditions.

        • Verification: After submitting your details, you will receive an email to verify your account. Follow the instructions in the email to complete the verification process.

        • Make a Deposit: Fund your trading account using the available payment methods. The minimum deposit for both account types is $1000.

        • Start Trading: Once your account is funded, download the trading platform (XTM Trader) and start trading.

        • For more details on the account types and the registration process, visit the XTM Pro website.

XTM accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
XTM Account