How to Open and Verify Your XM Trading Account: The Latest Guide

Opening a trading account with XM is a simple and user-friendly process designed to get you started as quickly as possible. Whether you're a beginner or a seasoned trader, XM offers a streamlined registration and verification experience, ensuring you can focus more on the markets and less on paperwork. Here's a step-by-step guide on how to open and verify your XM account in .

1. Opening an XM Trading Account

Creating a trading account at XM only requires an email address and a password. Once you complete the registration process, XM will automatically create two MetaTrader 5 (MT5) trading accounts for you:

• 1 real account
• 1 demo account

If you prefer to trade using MetaTrader 4 (MT4), you can manually create an MT4 account via the "Open Additional Account" option in your Members Area after logging in.

2. Why Account Verification is Important

Before you can deposit funds, start trading, or withdraw profits, XM requires your account to be fully verified. This is a regulatory requirement to ensure the security and compliance of all client accounts.

3. Steps to Verify Your XM Account

To verify your XM account, follow these steps:

✅ Step 1: Log in to the Members Area

Access your account by visiting the XM website and logging in with your email and password.

✅ Step 2: Go to the "Profile" Section

Once logged in, navigate to the "Profile" tab in the main menu.

✅ Step 3: Complete Your Personal Information

Fill in your full name, residential address, and phone number as required.

✅ Step 4: Fill Out the Financial Profile

You will be asked to complete a questionnaire regarding your:

• Estimated deposit amount
• Source of funds
• Employment status
• Annual income and net worth

This helps XM understand your trading background and meet regulatory standards.

✅ Step 5: Access the "Verify Profile" Section

Still under the Profile tab, select "Verify Profile" to begin the identity verification process.

✅ Step 6: Upload Your Identification Documents

Upload a valid photo ID, such as:

• National ID card
• Driver's license
• Passport

Make sure the document is clear, readable, and not expired.

✅ Step 7: Facial Verification via Camera

Enable your webcam and follow the on-screen instructions to position your face within the frame. This step is required for biometric verification.

4. Final Review and Verification Outcome

Once all steps are completed, XM will review your submitted documents and facial scan. You will be notified via email once your account is successfully verified.

📌 Note:
If your verification fails, you are advised to contact XM's customer support for further assistance and specific guidance on how to resolve the issue.

Conclusion

Opening and verifying your XM trading account is a fast and secure process. With automatic MT5 account creation, optional MT4 support, and a fully digital verification system, XM makes it easier than ever to start your trading journey. Make sure to verify your account promptly to enjoy full access to all XM features, including deposits, trading, and withdrawals.

➡️ Ready to trade?

Open Your XM Account Today