Start with Exness

From learning to your first trade
Open Exness with a clear checklist

Pick the right account, verify the entity, start small, and test withdrawals before adding capital.

Start from $10 on Exness Learn the Basics

Regulated multi-entity broker / 20M+ Clients / From $5 Deposit

Check the calendar, size the lot, then practise

Look up the next high-impact event, calculate position size from a real stop, then open a demo only after the cash risk is written down.

Open economic calendar Calculate lot size Practise on an XM demo

20M+

Clients worldwide

190+

Countries served

1,000+

Tradable instruments

Minimum Deposit

Step by Step

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 the account type that fits you, verify your identity, and check which bonus offers are available in your Members Area.

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.

Account setup

Verify & Fund Your XM Account

Two practical checklists for the steps that block most new traders — identity verification and your first deposit.

5 min read How to Verify Your XM Account

ID, proof of address, upload tips and what to do if KYC is rejected — finish before you deposit.

5 min read Easiest Ways to Fund Your XM Account

Cards, bank transfer, e-wallets and local methods — what to check in the Members Area before your first deposit.

UAE Saudi Arabia Egypt Nigeria India Philippines Indonesia Brazil South Africa Morocco 40+ more

Need more detail? 5-minute deposit checklist · Full deposit guide by country

Account Types

Choose Your Account Type

XM offers several account types to suit different traders. Bonus eligibility varies by account type, country and current campaign terms.

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.

Find My XM Account Type

Free Tools

Trading Calculators

Use our free calculators to plan your trades and manage risk effectively.

Lot Size Calculator

Profit/Loss Calculator

Pivot Point Calculator

Pip Value Calculator

Markets

What Can You Trade?

Access over 1,000 instruments across global markets — all from a single XM account.

Forex (55+ Pairs)

Gold & Silver

Crude Oil & Energy

Stock Indices

Cryptocurrencies

Education

Learn Before You Trade

Forex Basics

What is forex, how do currency pairs work, and fundamental trading concepts.

Demo Account

Practice trading with virtual money. Test your strategies without capital at risk.

Risk Management

Learn how to protect your capital and manage risk effectively.

Why Traders Choose XM

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XM is a globally regulated broker trusted by over 20 million clients in 190+ countries.

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Spreads from 0.6 Pips

Ultra-Fast Execution

MT4 & MT5 Platforms

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Fast Deposits & Withdrawals

Frequently Asked Questions

XM's minimum deposit is just $5 for Micro and Standard accounts. Eligible new clients may also see welcome deposit bonuses, while monthly bonuses depend on country, account type, trading volume and current XM terms.

MetaTrader 4 (MT4) is simpler and widely used — ideal for beginners and forex-focused traders. MetaTrader 5 (MT5) offers more order types, a built-in economic calendar, and access to a broader range of instruments. Both are available on desktop, web, and mobile.

Yes. XM offers unlimited free demo accounts with $100,000 in virtual funds. You can practice strategies, learn the platform, and build confidence without putting any capital at risk.

Yes, forex trading carries significant risk. Prices can move quickly and losses may exceed your initial deposit when using leverage. We strongly recommend starting with a demo account, studying risk management, and only trading with money you can afford to lose.

XM offers over 1,000 tradable instruments including 55+ forex currency pairs, gold (XAU/USD), silver, crude oil, natural gas, major stock indices (S&P 500, NASDAQ, DAX), and selected cryptocurrencies.

XM typically verifies documents within 24 hours on business days. You need a government-issued ID and a proof of address (utility bill or bank statement). Once verified, you can deposit funds and start trading immediately.

Yes. XM offers Islamic accounts for Muslim traders. These accounts have no swap or overnight interest charges, fully compliant with Sharia principles. All account types (Standard, Micro, Ultra Low) can be converted to swap-free.

XM supports multiple payment methods including bank transfer, credit/debit cards, and e-wallets like Skrill and Neteller. Deposits are processed instantly for most methods. Withdrawals are typically completed within 24 hours and returned to the same method used for deposit.

Start with Exness

Open your Exness account now

Start small, verify withdrawals, then scale only after you understand true cost.

Start from $10 on Exness Exness licence profile

Free account opening Welcome deposit + monthly bonuses where eligible From $5 minimum deposit