At this point, all you have to do is download, install, and log in to the XM trading platform before you start using it. How to Install the XM Trading Platform On the XM homepage, click on 06/08/ · How to Open XM Trading Account On the XM homepage, click the Open a Live Account button. This will take you to the XM Global Real Account registration page (or directly access the page here). Fill out the online form with the required details In the first step, a trader needs to Open the XM account (only 1 to 3 minutes required). In the next step, a trader needs to select the preferred account type. The trader then needs to submit all required documents (24 hours needed for submission and POA, and ID copy is needed.)
XM Global Trading Platform: Simple Guide for Filipino Forex Traders
Looking to diversify your investment portfolio? While the idea of making money in the FX market sounds intimidating for the novice trader, it can now be done more conveniently online. Trade forex online in the comfort of your home with the help of a broker like XM Global. Before you participate in the forex market, learn more about this online forex broker and what it can do for you.
XM Global Limited is a globally licensed, multi-awarded online broker how to start trading xm makes trading forex and contract for differences CFD [1] easy and efficient through its full-featured platforms.
For more than 10 years, XM has been sharing its expertise in global financial markets with over 3. As one of the industry-leading brokerage firms, XM enables clients to trade forex and CFDs on a wide variety of instruments—stocks, stock indices, commodities, metals, and energies—using a single trading account. XM Global Limited is a legitimate broker with a global reputation for reliability and client fund safety. Authorized to operate and provide brokerage services worldwide, the company is licensed by the following government regulatory bodies:.
This means the online forex and CFD broker is fully compliant with strict consumer protection standards and financial requirements by applicable laws and regulations.
Apart from being globally licensed and regulated, XM Global has earned multiple awards recognizing its excellence in forex brokerage, FX technology, customer service, and market research and education. Personal account manager for each XM client, providing how to start trading xm technical support via live chat, phone, or email. Negative Balance Protection a guarantee that XM traders cannot lose more than their deposited amount.
Individual stocks — Get cost-effective and direct access to global equity how to start trading xm, whether for short-term or long-term trading strategies. Commodities — Invest in contract-based tradable goods such as corn, sugar, or wheat without actually owning the financial instrument on which the contract is based. Precious metals — Gain profit from trading gold, how to start trading xm, silver, platinum, and palladium online in highly liquid markets, regardless of economic conditions.
Related: How to Invest in Stocks for Beginners Even with Little Money. An XM forex trading account allows you to trade on currencies. You can choose from micro, standard, ultra low micro, and ultra low standard formats. All account types come with negative balance protection, provide flexible leverage from toand allow hedging [2]. First-time forex traders may open a demo account before using a real one to get the feel of online trading in the forex market.
XM demo accounts simulate real-time market conditions, provide full access to multiple trading platforms, and enable trading with virtual funds worth USDUsing a demo account allows you to see how the execution of orders works on an XM trading platform. Because demo accounts are free, unlimited, and non-expiring, you can use them to test your trading strategies for as long as you want at your own pace. For that, how to start trading xm, you need to create a real trading account on XM.
XM Global offers online trading platforms that help clients perform forex market how to start trading xm and execute trades. Their trading platforms work with Windows and Mac computers, as well as Apple and Android devices. They display key indicators, such as the following, that how to start trading xm users make trading decisions:. Choose from two types of XM forex trading software: MetaTrader 4 MT4 and MetaTrader 5 MT5.
The right trading platform to use will depend on your needs as a trader. Mainly a forex trading platform, the MT4 is the most popular software for retail FX trading because of its easy-to-use features and ability to automate trading. This is the recommended platform if you want to focus on forex trading. The MT5 is a multi-asset trading platform. Aside from forex, you can also trade individual stocks, equity indices, how to start trading xm, precious metals, energies, and cryptocurrencies.
Trade on the MT5 platform if you want to diversify your investments. A forex trading account gives you access to your preferred platforms and the XM Members Area where you can monitor and manage your account.
Creating an account takes only around five minutes. On the XM homepage, click the Open a Live Account button. This will take you to the XM Real Account Registration page or directly access the page here.
Fill out another form with details about your trading account, yourself as an investor, and your trading knowledge and experience. Create a password for your trading account. It must have at least two numbers, lowercase letters, or uppercase letters.
Re-type your password to confirm it. Check your inbox or Spam folder for a message from XM with a link to confirm your email. Click on the email confirmation link to complete your account registration. Enter the password you created during your account registration. Click the Login button. To access all XM trading account features and benefits, including fund withdrawal, submit the required documents for validating your account.
Proof of residency — Recent utility bill or bank account statement with your name and address and dated within the last six months. Go how to start trading xm the XM Members Area. XM clients can choose from a broad range of payment options for fund deposit or withdrawal. These payment methods include credit cards, e-wallets, local bank transfer, and wire transfer, how to start trading xm.
Take note that available methods may vary depending on your country of origin. For Online Bank Transfer, below is the list of local banks available for XM. Payments made via Online Bank Transfer will be redirected to Dragonpay wherein over-the-counter processes via SM, Cebuana, ECPay, RuralNet Bankks, how to start trading xm, and Coops are also available.
To request a fund withdrawal, simply click the Withdraw Funds button in the Members Area and enter the amount you wish to receive. Your request will then be processed within 24 hours. Your money will be sent back on the same day or up to five business days to the payment method you used for making a deposit.
XM Global does not charge any fee for making a deposit or withdrawal, regardless of the payment method used. The company shoulders all transaction fees for its clients, except for deposits less than USD via international bank wire transfer. At this point, all you have to do is download, install, and log in to the XM trading platform before you start using it.
Go to your Downloads folder or any other folder where you save your downloaded how to start trading xm. Then double-click the XM setup file, how to start trading xm. The potential to earn profit in the forex market is high, and so are the risks. Explore the XM Members Area and learn as much as you can, too. Arm yourself with the knowledge and confidence needed to succeed in the forex market.
This article was created in partnership with XM. While we are financially compensated for this collaboration, we ensure to maintain our editorial integrity to provide you with the best recommendations that can help you make smarter financial decisions. Jagerson, Investopedia, ph should be used for general information purposes only and does not constitute investment advice, performance data or any solicitation or recommendation that any security, investment product, transaction or investment strategy is suitable for any specific person.
This material does not take into account your financial situation, risk tolerance level, investment experience or objectives; all of which are unique to you. Before acting on information on this blog, we suggest consulting an independent professional to advise you on the risks of any decision and the extent of any exposure to loss. The post XM Guide to Start Your Trading Journey appeared first on Moneymax.
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, time: 4:43How to trade on XM? - Forex Education
In the first step, a trader needs to Open the XM account (only 1 to 3 minutes required). In the next step, a trader needs to select the preferred account type. The trader then needs to submit all required documents (24 hours needed for submission and POA, and ID copy is needed.) How to start trading Forex with XM? What are the At this point, all you have to do is download, install, and log in to the XM trading platform before you start using it. How to Install the XM Trading Platform On the XM homepage, click on
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