Dealing center with cent account, Your reliable partner in the Forex market


Pro-Standard

Open An Account The figures above should only be regarded as reference. XM is ready to create custom-tailored forex account solutions for every client. If the deposit currency is not USD, the amount indicated should be converted to the deposit currency.

1 How to open a Cent Account

You may be new to forexso a demo account is the ideal choice to test your trading potential. It allows you to trade with virtual money, without exposing you to any risk, as your gains and losses are simulated.

Once you have tested your trading strategies, learned about market moves and how to place orders, you can take the next step to open a trading account with real money.

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What is a Forex Trading Account? A forex account at XM is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

XM Trading Account Types

Please note that forex or currency trading is available on all XM Platforms. In summary, your forex trading account includes 1. Access to the XM Members Area 2.

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Access to the corresponding platform s Similarly to your bank, once you register a forex trading account with XM for the first time, you will be required to go through a straightforward KYC Know your Customer process, which will allow XM to make sure that the personal details you have submitted are correct and ensure the safety of your funds and your account details.

By opening a forex account, you will be automatically emailed your login details, which will give you access to the XM Members Area. The XM Members Area is where you will manage the functions of your account, including depositing or withdrawing funds, viewing and claiming unique promotions, checking your loyalty status, checking your open positions, changing leverage, accessing support and accessing the trading tools offered by XM.

Your trading account login details will correspond to a login on the trading platform which matches your dealing center with cent account of account and is ultimately where you will be performing your trades.

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What is a Multi-Asset Trading Account? A multi-asset trading account at XM is an account that works similarly to your bank account, but with the difference that it is issued with the purpose of trading currencies, stock indices CFDs, stock CFDs, as well as CFDs on metals and energies.

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Please note that multi-asset trading is available only on MT5 accounts, which also allows you access to the XM WebTrader. In summary, your multi-asset trading account includes 1. Access to the corresponding platform s 3. Access to the XM WebTrader Similarly to your bank, once you register a multi-asset trading account with XM for the first time, you will be requested to go through a straightforward KYC Know your Customer process, which will allow XM to make sure that the personal details you have submitted are correct and ensure the safety of your funds and your account details.

Security of Client's Funds

Please note that if you already maintain a different XM Account, you will not have to go through the KYC validation dealing center with cent account as our system will automatically identify your details. By opening a trading account, you will be automatically emailed your login details that will give you access to the XM Members Area.

The XM Members area is where you will manage the functions of your account, including the depositing or withdrawing funds, viewing and claiming unique promotions, checking your loyalty status, checking your open positions, changing the leverage, accessing support and accessing the trading tools offered by XM.

Our offerings within the clients Members Area are provided and constantly enriched with more and more functionalities, allowing our clients more and more flexibility to perform changes or additions to their accounts at any given time, without needing assistance from their personal account managers. Your multi-asset trading account login details will correspond to a login on the trading platform which matches your type of account, and it is ultimately where you will be performing your trades.

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Who Should Choose MT4? MT4 is the predecessor of the MT5 trading platform. Our clients who do not wish to open an MT5 trading account can continue using their MT4 accounts and open an additional MT5 account at any time.

Who Should Choose MT5?

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Yes, you can. Any XM client can hold up to 8 active trading accounts and 1 Shares Accounts. How to Manage Your Trading Accounts? Deposits, withdrawals or any other functions related to any of your trading accounts can be handled in the XM Members Area. Trading Accounts.