Start Trading Forex
in Minutes
Open your free XM account in minutes, download MetaTrader, and start trading forex, gold, and 1,000+ instruments. Minimum deposit just $5.
How to Start Trading
Getting started with forex trading is straightforward. Follow these four steps and you'll be trading in minutes.
Learn the Basics
Understand what forex is, how currency pairs work, and key concepts like leverage, spread, and pips. Our free guides cover everything beginners need.
Choose a Platform
Download MetaTrader 4 (MT4) or MetaTrader 5 (MT5) on desktop, web, or mobile. MT4 is ideal for beginners, MT5 offers advanced tools for experienced traders.
Open Your Account
Register with XM in under 2 minutes. Choose Standard, Micro, or Ultra Low account. Verify your identity and claim the $30 no-deposit bonus.
Start Trading
Start with a free demo account to practice. When you're confident, switch to live trading with your bonus or deposit as little as $5.
Choose Your Account Type
XM offers three account types to suit every trader. All are eligible for the $30 no-deposit bonus.
Standard Account
Most popular choice. 1 lot = 100,000 units. Spreads from 1.0 pips. No commission. Minimum deposit $5. Ideal for most traders.
Micro Account
Perfect for beginners. 1 micro lot = 1,000 units. Smaller position sizes for lower exposure. Minimum deposit $5.
Ultra Low Account
Tightest spreads from 0.6 pips. No commission. Best for scalpers and high-frequency traders. Minimum deposit $5.
Trading Calculators
Use our free calculators to plan your trades and manage risk effectively.
What Can You Trade?
Access over 1,000 instruments across global markets — all from a single XM account.
Why Choose XM?
XM is a globally regulated broker trusted by over 20 million clients in 190+ countries.
Frequently Asked Questions
Ready to Start Trading?
Join over 20 million clients worldwide. Open your free account with XM and start trading today.