How to Register in XM broker?

August 7, 2021
Updated 2023

XM is a broker that offers a wide range of trading instruments, including currency pairs, commodities and stocks. The company is regulated by the Financial Conduct Authority (FCA), making it one of the safest brokers in the market.

Go to the register in XM page, you should get to the XM broker web, where you can discover the button to create an account.

As you can find in the central piece of the page there is the green button to create a real account and the red button to create a demo account.

The way toward opening the two accounts is comparative and totally free.

It might require only 2 minutes to finish the online registration with XM.

Fill in the required fields to register in XM

In XM you can open multiple accounts with the same email address. But only one email address is allowed per customer.

If you are already an XM Real account holder and want to open an additional account, you must use the same email address that is already registered with your other XM accounts.

If you are a new XM customer, be sure to sign up with an email address, as different email addresses are not allowed for each account.

Here you must complete the form with the required information as shown below.

Choose your trading account details

Choose the type of regulation you prefer for your XM trading account.

Please note that in order to qualify for the 30 USD bonus you must choose the XM Global regulation – Regulated by IFSC 000261/158

CY - Regulated by CySEC 120/10

Regulated by: Cyprus Securities and Exchange Commission (CySEC)
No deposit bonus: NO
Negative Balance Protection: YES
Segregated Client Funds: YES
Investor Compensation Fund: YES
Maximum Leverage: 1:30 * (depending on the instrument)

XM Global - Regulated by IFSC 000261/158

Regulated by: IFSC
No deposit bonus: YES
Negative Balance Protection: YES
Segregated Client Funds: YES
Investor Compensation Fund: NO
Maximum Leverage: 1: 888

By proceeding to Step 2, based on your selection, you will register for an account with XM Global Limited, which is authorized and regulated by the International Financial Services Commission (IFSC) in Belize. XM Global Limited falls outside the European regulatory framework and is not in scope of (among others) the Markets in Financial Instruments Directive (MiFID) II. In addition, there is no provision for an investor compensation scheme.

Choose the trading platform you want to trade with

The next step is to choose the trading platform you want to trade with, you can choose between the MT4 (MetaTrader4) or MT5 (MetaTrader5) platforms.

And the type of account you like to use with XM. XM mainly offers Standard, Micro, XM Zero accounts.

Accept the general conditions to register in XM

After completing all the data, finally, you need to click check and press “PROCEED TO STEP 2” as shown below.

Step 2 - Data and knowledge

In this section we will fill in personal data and details about the trading account

Qualify for the 30 USD no deposit bonus

If you have chosen the XM Global regulation – Regulated by IFSC 000261/158 to be eligible for the 30 USD no deposit bonus, a box like the following will appear to confirm if you want to receive it, confirm it.

Investor information

Here you can expose if you have previous knowledge about investments.

Investor profile

Select the option that best suits your investor profile.

Relevant knowledge & experience

Your Knowledge & Experience will determine whether you can open a trading account.

Politically exposed person (P.E.P)

In financial regulation, politically exposed person is a term that describes someone who has been entrusted with a prominent public responsibility.

Account password & confirmation

The account password must consist of at least three types of characters: lowercase letters, uppercase letters, and numbers.

After choosing your password for your XM account, you must check the confirmation boxes and write the exact phrase indicated in the box below.

When you have filled in all the fields, click on open a account.

Account opening confirmation

You will receive an email in your mailbox. Here, you will have to activate the account by pressing where it says “Confirm email address“. With this, the XM trading account is finally activated.

Your account details

Upon confirmation of email and account, a new browser tab will open with welcome information. The user ID or number that you can use on the MT4 or Webtrader platform is also provided.

Go back to your mailbox, you will receive the login details for your account.

It should be remembered that for the Metatrader4 (MT4), Metatrader5 (MT5) or Webtrader version, the account opening and verification process is exactly the same.