When you sign up for an account at XM, you will need to provide information such as your email address and telephone number. You also need to select an account type. Each XM account has different pricing, trading conditions and minimum deposit amounts. Some accounts have negative balance protection and others offer bonus programs.
The process of opening an XM account is very easy and fast. You will need to verify your identity and then choose a deposit method. Once you have deposited, XM will transfer the funds to your bank account. They accept a wide variety of payment methods, including credit cards, bank wires, electronic wallets and many more. All of these methods are regulated and insured. In addition, XM has multilingual customer support that can be reached 24 hours a day.
Once you have registered your XM account, you will receive an email with your account ID. This is your MT4/MT5 ID, which you will need to enter when you log in. For security purposes, you will need to have a valid email address and password. After you have entered these, you will be prompted to create a new password.
XM offers a demo account that allows you to practice trading on virtual money without making a real deposit. The account provides you with access to over 100,000 USD in virtual trading funds, and you will be able to use educational materials and trade in a live environment. With the demo account, you can try out a wide variety of trading instruments, including foreign exchange, CFDs, precious metals, equity indices and more.
XM"s website features encryption technology and multi-factor authentication. These safeguards ensure your privacy, and the security of your information. While XM"s website is safe, it is still a good idea to take precautions against hacking.
To register for an XM account, you will need to provide an email address, phone number and a name. You will also need to verify your location. XM requires that you prove your residency and that you can legally trade in the country you are registered in. Also, you may need to provide a color copy of your passport.
XM offers a range of account types, including Standard, Micro and Zero. Each has its own base currency and offers unique conditions and pricing. However, they all provide unlimited access to MT4. MT4 and MT5 are the primary platforms on which you can trade.
XM"s customer support is a top-notch service that is accessible 24 hours a day. XM"s personal account managers can be contacted in more than 30 languages.