What is XM?#
XM is a multi-licensed Forex and CFD broker founded in 2009, serving over 10 million clients worldwide. Licensed by CySEC, ASIC, IFSC and DFSA.
Why XM?#
- $30 No-Deposit Bonus: Trade on a real account without depositing
- Spreads from 0.6 pips: Competitive trading costs
- 1000+ instruments: Forex, stocks, commodities, crypto CFDs
- Swap-free account: Islamic account option available
- 24/7 support: Multilingual live support
Step 1: Fill Registration Form#
Visit XM's official website and click "Open Account". Enter your name, email and phone number.
Step 2: Choose Account Type#
- Micro Account: Min $5, 1 micro lot (1,000 units)
- Standard Account: Min $5, 1 standard lot (100,000 units)
- Ultra Low Account: Lower spreads, min $50
Micro Account is recommended for beginners.
Step 3: Identity Verification#
- ID Document: National ID, driver's license or passport
- Proof of Address: Recent utility bill or bank statement
Verification typically completes within 24 hours.
Step 4: Download Platform#
XM supports MetaTrader 4 and MetaTrader 5 platforms.
Step 5: Claim Your $30 Bonus#
After verification, the $30 no-deposit bonus is automatically credited to your account.
Step 6: Make Your First Trade#
- Select a pair to trade (e.g. EUR/USD)
- Set lot size (0.01 lot for beginners)
- Enter Stop Loss and Take Profit levels
- Click Buy or Sell
Tip: We strongly recommend practicing on a demo account for at least 1 month before depositing real money.