XM Group is a leading MetaTrader-only broker that provides an extensive library of useful resources for traders. XM is well-regulated in several global jurisdictions and offers traders secure deposits and withdrawals complemented by competitive pricing and trading conditions.

Here, we provide a useful step-by-step guide to opening an account with XM Broker in order to start trading with this leading international Forex broker.

How to open an XM trading account: step-by-step guide

You can complete XM's account application in as little as 5 minutes, and in the absolute fastest scenario, you'll be trading in as little as 30 minutes. You won't have to deal with certificates being mailed or faxed; instead, you may submit them all online.

According to this XM Review, as soon XM has received your registration details, you will receive an email with your Members Area login details. Following this, you will be asked to upload your certificates such as personal identification or certificate of residence from your exclusive bar area.

After verifying your identity and the details of your certificates, XM will activate your live account within 30 minutes. Upon verification, you'll have access to XM's full suite of features and services.
  1. To sign up for a real account with XM, follow the steps below:
  2. Fill in the required information on the registration page. You may open an account with just a few clicks from your computer or mobile device. About 5 minutes are needed to complete this process.
  3. XM will send you the necessary Meta Trader and member page login details after the team has verified the email address you provided.
  4. CM will check the client's identify after you have submitted the certifications. The account will be verified after completing these steps.

How to start trading on the XM platform

  1. If you want to trade Forex with XM, you can pick between MetaTrader 4 and MetaTrader 5.
  2. Both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) from XM will serve as your primary trading, order management, and market monitoring hubs, respectively.
  3. After signing up for an XM MT4 account, you can download the platform directly from the broker’s website.
  4. After signing up for an XM MT5 account, you can download the platform directly from the broker’s website.

How to claim your bonus from XM

New traders are eligible for a trading bonus from XM when they open a live account. Here’s how to claim your XM bonus:
  1. XM's $30 No Deposit Bonus is the first promotion available to new traders. Among the many XM promotions, the $30 No Deposit Bonus is by far the most popular.
  2. As part of the deal, new clients can get $30 in risk-free trading capital to use on Forex and CFDs at XM.
  3. The $30 No Deposit Bonus from XM requires only new account creation and verification.
  4. The $30 No Deposit Bonus from XM allows you to test the waters of online investing with no initial capital outlay on your part.
Also read: 5 Tips to choose the Best Forex Broker in Namibia