The XM sign up process is quick and easy. You will need to provide basic information about yourself to qualify for an account. This includes your first and surname, address, date of birth, and citizenship status for tax purposes. If you have any additional information, you can also provide this to your broker.
After you have completed your XM sign up, you can begin to trade. The XM markets are open 24 hours a day. Users can trade more than 55 currency pairs, including EURUSD, USDCHF, and USDJPY. They can also trade gold and other precious metals. Additionally, you can set up long and short positions on the crypto market. However, if you are planning to invest in the futures or options markets, XM is not your best option.
XM provides a demo account for new users. In addition, there are a number of education rooms held by financial industry professionals and educators. These are a great way to get more experienced in the XM trading platform.
XM also has a variety of payment options. Users can deposit funds using wire transfers or e-wallets. Many users choose PayPal as their primary payment processor. XM does not offer overnight financing on oil CFDs.
The XM sign up process also includes the option to become an Online Affiliate. As an Affiliate, you will earn a commission on each lot you refer to XM. Once you have signed up as an Affiliate, you will have access to the Member"s Area. This is where you will see performance statistics, educational materials, and information about the company.
XM is a trustworthy broker. Users can make a good amount of money when they are trading. XM is regulated by a tier-2 regulatory body, meaning that it is a secure platform. XM also provides a 24-hour customer support service. While it is important to speak with a live representative to resolve any issues, it is also a good idea to look at the FAQs to familiarize yourself with the broker.
XM offers a two-tier deposit bonus. The first tier is a 15% bonus for global clients. Afterwards, a 20% deposit bonus is offered up to $4500. Unlike most brokers, XM does not allow EU residents to take advantage of its bonuses. Regardless of whether you are an EU resident or not, you can still take advantage of XM"s wide range of features and services.
XM is a trustworthy brokerage that gives its users a variety of payment options. When you are ready to begin trading, you can choose from more than 55 currencies and more than 1300 assets and instrument.