Xm forex account verification

Earn XM points on every trade, then redeem those points for real cash rewards and credit points.

Top forex bonuses

Real Account Registration 1/2, xm forex account verification.

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Xm forex account verification

As an existing XM real account holder you can simply register an additional account through the members area with 1 click. No additional validation is required.

Unlimited loyalty program

Earn XM points on every trade, then redeem those points for real cash rewards and credit points.

Extra promotions

Get additional exclusive promotions throughout the year either on a seasonal basis or by invitation only.

Legal: this website is operated by trading point of financial instruments limited with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.

Trading point holdings ltd is the holding company of trading point of financial instruments limited, XM global limited, trading point of financial instruments UK limited, trading point of financial instruments pty ltd, trading point MENA limited.

Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (licence number: 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (000261/106).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).

Risk warning: forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.

Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.

This website uses cookies

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Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.

In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.

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XM delete account – how to delete your account at XM.Com?

How to delete XM account

The XM trading platform was founded in 2009 for trading in binary options, stocks, and forex exchange (forex). It is one of the largest trading platforms, with more than two million users monthly. Since forex trading is advertised extensively, many people have opened an XM account hoping to make money trading. After a few weeks, months, or years, many people realize that they are not interested in forex trading because they are making losses. It is very time consuming, or they are making more money using other methods. So they want to find out how they can XM delete accounts so that they do not bother about hacking or other problems.

Closing MT4, MT5 account

To close the trading account, the trader will first have to log in to the client portal and go to the “close account” section. If a trader wishes to close the MT4, MT5 trading account, they should ensure that the account is verified, that it has no open trades, no pending trades, no pending withdrawals, and no available balance. The account can only be closed 24 hours after all open trades are closed. However, if trades are opened or deposited in the account during this 24 hour period, the closure process will be stopped, and the account will be reactivated. The account can also be reactivated from the member’s area.

If you change your mind, you can always read the XM review and see all the broker facts.
XM deposit and withdrawal methods are credit card, bank wire, skrill, neteller, and various electronic payment methods.

Stopping emails

One of the reasons people want to delete their XM account is that they receive emails regularly, which they find irritating. Owning the XM account takes some time, so if the trader wishes to close it, he will not use the XM platform again without wasting his time. So if they only are finding the emails inconvenient, they can mark them as spam so that the emails are delivered in the spam folder. Alternately there is an unsubscribe option in the emails, and the trader can opt-out of receiving emails in the future.

Sending email for account closure

To close the XM account completely, the user has to contact XM customer support. The customer support email for XM is support@xmglobal.Com. The email should be sent from the email id used for opening the XM account. The email should have the title ‘request for deletion of my XM account’ to prevent confusion. The trader should honestly specify why they want the XM account closed since XM will appreciate the feedback. He should provide the other account details in the email for account closure. He will usually get a confirmation email that the account closure request is being processed.

How to delete my forex account?

To delete any forex account, you need to withdrawal all funds and close all trades. Then, call your representative and request account termination. Usually, the process will be done in a couple of hours. If you didn’t use your forex account for a long time, it would be closed automatically by the forex broker.

IC markets account verification procedure

Icmarkets is a popular broker for traders dealing with foreign currency (forex), precious metals, contracts for differences(CFD) using scalping, and other strategies. The lower commissions and spreads charged by IC markets are among the reasons it is more popular than other brokers. IC markets are one of the biggest CFD brokers in australia and was founded in sydney in 2007 by a group of finance professionals. Though it handles CFD markets in north america, europe, and asia, the customer base is even larger, including hispanic, latin american countries like argentina, colombia, spain, and mexico.

In this text, we will see how looks IC markets account verification procedure.

To open an account with icmarkets, the user will first complete the form with personal information like name, email, mobile number, and country. The trader should choose an individual account, then write the birth date, address with zip code, province. The user can specify who referred him to the website. The trader will have to choose between the trading platforms, crader, metatrader 4, and metatrader 5, with metatrader 4 usually preferred. The trade can choose between the true ECN or standard account. The default currency is USD dollar, and the user can opt for special offers. The trader has to indicate his experience in trading forex, beginner or better, answer the security question and then accept the terms and conditions.

After the registration is complete, the user name and password will be sent by email, which should be noted.

IC markets account verification procedure is based on verifying every trader’s identity before using the trading account. Hence a photo of the identity card, passport, or driver’s license will have to be uploaded. Proof of residence should also be uploaded to confirm the address. The files should be selected and uploaded. The IC markets staff will approve the uploaded documents and verify the account, usually within 24 hours. The proof of residence should be less than three months old for approval. If all the documents submitted are approved, the account status shows approved, and the user can start trading.

The australian securities & investment commission(ASIC) has authorized and regulated icmarkets to protect investors and customers, specifying the financial regulations. The icmarkets offices are located at limassol and sydney. The transactions are directly carried out using the LP & ECN system. There is no dealing desk, so icmarkets has a very reliable market for interbank currency. The trading instruments are forex, precious metals, CFD. Trading platforms are metatrader 4, metatrader 5, ctrader. The spreads are low and vary from 0.0 pips for some accounts. The maximum leverage is 1:500. The minimum lot size is 0.01 lots. The minimum deposit is $200. The deposit and withdrawal methods are VISA, mastercard credit cards, neteller, paypal, skrill, bank wire transfer, and bitcoin

Deposits and other aspects.

Traders can make deposits using their menu options for deposit funds, with the minimum amount being $200. Beginners to forex trading who wish to start practicing trading without taking the risk of investing their money can open a demo account. There is an option for opening a demo account in the accounts menu. The trader will then have to specify the trading platform, currency, account type, leverage, initial deposit amount. After all the information is provided, the trader will receive an email with the demo account’s login details.

IC markets trading platforms

Metatrader 4: this is the most popular trading platform for forex at present, using the latest design and technology. It is easy to use, efficient with fast trade execution. The developers of metaquotes are always innovating to add new features. It has multiple tools for market analysis, especially several dozens of inbuilt technical indicators. The expert advisor’s modules evaluate, design, and implement automated systems for trading possible.

Ctrader: this electronic trading platform of icmarkets is suitable for precious metals and forex. Customers get a lot of liquidity with this platform, which features thirteen stock indices, up to 64 currency pairs with streaming prices from banks worldwide. It has a very spread from 0.0 pips for most of the major forex pairs. There are also no trading restrictions so that traders can link, trade with liquid traders worldwide.

Metatrader 5: this popularity of the trading platform increases since it is an improved version of metatrader 4 from metaquotes, with access to more markets for trading and additional features to make trading, investing easier.

How to verify a forex or binary trading account

Have you ever registered a trading account either a binary or forex trading account with a broker but only to be told to verify the account in order to receive either a bonus or to deposit? Sometimes you wonder what is verification for and is it a must you verify your trading account to deposit or get the bonus.

Verification is a must for a legit broker because it’s one of the KYC processes of financial regulations. If you have been or you are in such a situation then this post is definitely for you.

There are several brokers out there some legit some are not. If you find a broker is not taking the verification process seriously then you need to be cautious since that might be a scam.

Below we are going to cover the following.

Why is necessary to verify a trading account?

Are you wondering why is it important to verify an account? You wish you could open an account and deposit right away. Any regulated company needs to operate in accordance with a number of compliance-related issues and procedures imposed by its main regulatory authority. These procedures involve the collection of adequate documentation from clients with regards to KYC (know your client).

What documents are needed to verify a forex or binary trading account?

The verification documents needed by all brokers are quite the same although they might twist what is needed depending on your country of residence. Therefore, you can verify your profile by uploading clear color copies (mobile photo or a scan) of the following documents:

Proof of identity (POI) – passport, national identity card, or driving license if your identification document also states your correct residential address, then additional proof of address document may not be required. Your document should contain your name, date of birth, a clear photograph, issue date, and if it has an expiry date, that should be visible as well. If the document is double-sided, and there’s relevant information on the backside, make sure to upload that as well.

Proof of address or residency (POA) – bank/card statement or utility bill, issued no longer than 6 months ago. Your document should contain your full name, address, and issue date. The name or logo of the issuer should also be clearly visible. Please make sure to scan your document against a different-colored background, so that all four corners are visible. Examples of documents that can be provided are:

Water/gas/electric/internet/telephone bill/cable TV connection.

Residency certificate.

I am getting an error while trying to upload my documents. What should I do?

Please check the following before uploading:

That the size of your document does not exceed 15 MB.

That the file is in one of the following formats: gif, jpg, tiff, png, doc, docx, and pdf.

If the error message persists you can send your documents to their support by email.

How long does it take to verify my trading account?

In this case, it depends on the broker you have opened an account with. Once you upload all your documents, it can take up to 10 minutes during working hours to 24 hours to verify your profile some even take longer. Most brokers do notify the client once your account is verified. You can also follow your verification status on the broker platform. Verified accounts have a green tick next (for most brokers) to the username on the user’s profile.

What can I do if none of my bills is in my name?

NB: doesn’t apply for all brokers that is why we recommend you do research before opening an account.

You have the following options:

If the ID document that you have already uploaded states your current address, then no other document is required.

A bank/card statement, residency certificate, mobile phone bill, or tenancy contract.

You can use an additional ID document stating your current address.

You can also use a proof of residence document that is issued in the name of your landlord, parent, or spouse. Please specify whose name the proof of residence document is in when uploading the document.

Example:

All of the information on your POI should be visible

Upload the full document, without cropping and in focus

Your document should be scanned flat

There should be no cropping and all four corners should be visible

*please note that screenshots are not accepted, even if your POA was taken from a digital document.

I highly recommend XM global since they take the shortest time to verify an account while those who wish to trade binary options can try deriv.Com

XM review; touted as the next-generation broker for online forex and commodity trading, XM global web platform is suitable for read more

Now that you wet your toes, we are ready to start swimming lessons… let’s jump right in. We will now read more

In this chapter we will show you which trading strategies you can combine to get the best results (two is read more

In will discuss how to maximize your profits while minimizing your risk, using one of the most important tools of read more

Vincent nyagaka is a professional trader, analyst &. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Checkout vincent’s professional trading course here.

XM review: great for no deposit bonus offer

Should you trade with XM? Overall, XM is a very suitable broker for all traders offering numerous perks with few drawbacks.

You may have heard of XM and wondered whether they are an excellent broker or not.

XM is a subsidiary of trading point holding, which initially began operations in 2009. The broker is now globally renowned, extending its services to almost all parts of the globe with multiple financial instruments traded by over 3.5 million clients.

In this review, we will look at the XM broker and see what they have to offer.

XM’s main constant fee is their variable spreads (with no commissions) across all currency pairs. XM’s average spread on EUR/USD is 1.7 pips on their standard account and 0.8 pips on their XM ultra low micro account.

Swaps

There are also overnight swap rates based on the applicable rates for each trading day. Muslim customers can obtain an islamic or swap-free account. The decision to offer this account to non-muslim clients lies solely at the broker’s discretion.

Deposit and withdrawal fees

Fortunately, there are no deposit or withdrawal fees for any of the methods as XM claims to cover these except with bank wire deposits and withdrawals less than $200.

Inactivity fees

The other fee that traders should be aware of is the inactivity or dormant fee, although it’s minor. XM deems an account inactive after 90 calendar days where there was no trading, withdrawal, depositing, transfer, or registration activity.

They charge a monthly fee of $5 or the full amount of the remaining balance if less than $5. Clients should note the inactivity fee doesn’t apply if there are no trading funds.

Accounts

Let us now dive into the procedure of opening an account with XM and the account types they offer.

Requirements for opening an account

Traders can open a demo account after a quick website registration. For live accounts, XM adheres to simple KYC (know your customer) standards. They require clients to submit a copy of their original ID (driver’s license, national ID book, or passport) and proof of address (utility bill or bank statement) in their name not older than six months.

Furthermore, their online system asks questions for suitability or compliance purposes. Passing this verification stage allows clients access to all their services, including the main live trading accounts for forex: micro, standard, and XM ultra low accounts.

Main accounts

These accounts come with a maximum leverage of 1:888, one of the highest compared to its competitors. XM’s minimum deposit required is a measly $5 for their micro, standard, and $50 for the XM ultra low.

One of the broker’s unique selling points is the ‘$30 welcome bonus’ offering new clients a $30-funded live account. There aren’t many complicated terms and conditions on this offer other than at least five round-turn trades in 30 calendar days and a minimum of 0.1 lots for total trade volume.

Deposit and withdrawals

Though this will vary depending on the region a client resides in and/or the amount funded, XM allows clients a wide array of world-recognized and accessible payment options for account funding and withdrawals.

These methods are namely all visa, mastercard, maestro and china unionpay credit/debit cards, skrill and neteller, which are all fee-free for both deposits and withdrawals (except for bank wire deposits and withdrawals under $200).

Withdrawal times

All withdrawals requested are verified within 24 hours. The funds would reflect within a day for e-wallets and two to five working days for cards and bank wire.

Withdrawal policy

As standard with most brokers, they don’t allow any third-party deposits or withdrawals due to anti-money laundering policies. Another criterion that a vast majority of brokers adhere to regarding withdrawals is a ‘return to source’ policy.

The last funding method used is given priority for withdrawals up to the sum of the original deposits. Once all withdrawals have reached the sum of the deposits made by the method/s, any subsequent withdrawal would come through via bank wire.

For example, if a client initially funded $50 via neteller, another $50 via skrill, and made $320 profit, $50 would go back to skrill, $50 back to neteller, and any portion of the profit via bank wire.

Platform and analytical research tools

The two primary trading platforms that XM offers are MT4 and MT5, both available in tablet, mobile, desktop (windows and mac), and web forms.

The broker has a broad range of research, educational, and technical tools to help their clientele.

Research tools

For research, newly-added features include a podcast, technical summaries, trade ideas, and their in-house markets overview and technical analysis research. All these features are in addition to their economic calendar, news, and youtube channel providing weekly analysis.

Educational tools

Educationally, clients can expect forex seminars at various parts globally, webinars, platform tutorials, as well as recently-included live and pre-recorded educational videos.

Technical tools

For their technical tools, these include the profit and loss calculator, swaps calculator, margin calculator, pip value calculator, and currency converter. Such tools are beneficial because they allow clients to calculate the necessary metrics using XM’s actual data rather than externally.

For example, not all brokers offer a dedicated swap calculator, meaning clients need to manually calculate the swap fee. This effort requires ensuring they are using the updated swap rates and understand the calculation their broker uses.

Using their internal swap calculator, you access an accurate reflection of their rates in a live setting and do not need manual calculations.

Pros and cons of XM

PROS

CONS

– regulated by cysec, IFSC, FCA, ASIC, DFSA
– offers near zero spread account- 11 years experience
– ECN/STP- competitive spreads- leverage up to 1:888
– minimum deposit of $5
– negative balance protection
– offers nano lots on XM ultra low
– no fees on deposits and withdrawals (except for bank wire deposits under $200)
– no commissions
– wide range of accounts
– wide range of currency pairs
– wide range of payment options
– wide range of base account denominations (USD, EUR, GBP, ZAR, CHF, -JPY, AUD, RUB, PLN, HUF, SGD – depending on region and account chosen)
– wide range of website languages
– offers both MT4 and MT5
– offers mobile app
– offers $30 no deposit offer for new clients
– offers cash rebates
– offers 24/5 live chat, phone, and email support

– inactivity fee
– doesn’t offer services to residents in the USA, canada, israel, and iran

XM is a highly recommended forex broker suitable for all levels of traders with several perks that include competitive spreads, the $30 no deposit offer, an account to open nano lots, and no fees levied on deposits, and withdrawals, to name a few.

They only have a few disadvantages, which are barely worth mentioning when compared to the benefits. Clients interested in opening an account with XM shouldn't hesitate based on this review.

Members area access

Use your MT4/MT5 real account number and password to log in to the members area.

New to XM?

Legal: this website is operated by trading point of financial instruments limited with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.

Risk warning: forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.

Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk warning: your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our risk disclosure.

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XM MT4 | how to make money trading forex on your smartphone

Did you just register for a forex trading account – which by the way, you hope to use to make so much money online but are still stuck wondering what to do next?

Demo account

:regulated

:MT4 integration

:supports all devices

:fast payouts

:instant deposits

Don’t worry, every new FOREX trader has once been there.

Unlike options trading which allows you to trade online via a web-trader, forex brokers require that after you register and verify your account ; you download a trading platform .

[click_to_tweet tweet=”in XM you can verify your account by sending the front and back photo of your ID to support@xm.Com. Nothing else is required.” quote=”in XM you can verify your account by sending the front and back photo of your ID to support@xm.Com. Nothing else is required.” theme=”style4″]

The most popular trading platform of our time is the meta trader 4 also MT4.

Perhaps it gets its competitive advantage from its ease of use, speed in trade execution among other built in features.

If you use MT4 with your XM account you will get the following benefits.

No re-quotes.

No rejections.

And flexible leverage ranging from 1:1 – to 888:1.

Demo account

:regulated

:MT4 integration

:supports all devices

:fast payouts

:instant deposits

Why you need to install and use XM MT4.

In addition to the benefits mentioned above, XM MT4 offers these other features:

Over 1000 instruments including forex, cfds and futures.

1 single login access to 8 platforms.

Spreads as low as 0.6 pips.

Full EA (expert advisory) functionality.

1 click trading.

Technical analysis tools with 50 indicators and charting tools.

3 chart types.

Micro lot accounts (optional).

Hedging allowed.

VPS functionality.

And that’s not all XM also offers special bonuses which you can use to trade on their MT4 and android MT4 platforms.

Because XM is our main sponsor and we (joon.Co.Ke) just turned 1 year old on 7 th dec 2019; XM is giving our clients a 100% deposit bonus for all new registrations done between now and 31 st dec 2019.

Do you know what this means?

[click_to_tweet tweet=”if you register for an XM account, verify your account and make a deposit between now and dec 31 st 2019, your deposit will be doubled.” quote=”if you register for an XM account, verify your account and make a deposit between now and dec 31 st 2019, your deposit will be doubled.” theme=”style1″]

Deposit $100, we add $100 to your trading account. Deposit $200 we add $200 to your trading account.

This offer is exclusive to this website. Meaning, if you register somewhere else, it won’t work.

XM delete account – how to delete your account at XM.Com?

How to delete XM account

Closing MT4, MT5 account

Stopping emails

Sending email for account closure

How to delete my forex account?

XM forex broker $30 no deposit bonus how to trade & withdraw?

XM global limited is one of the oldest broker with over 196 countries access to their financial services. XM is recognized by cyprus, EU, and australian securities commission firms for regulation formalities.

On december 01, 2020, the XM forex broker introduces a great promotional program for the newbie’s registrars not just they can test their system in real market order execution, they can also avail the opportunity of earning money by testing their trading skills in the real market experience. Let’s explore the specifications of this bonus program terms and conditions and how the users can be eligible to successfully avail the funds and trade so that they can withdraw the profit amount.

Welcoming the last month of this year with “no deposit bonus”

XM broker forex $30 no-deposit bonus overview

The ongoing no-deposit bonus requires your attention to claim it if you are the newly introduced user of XM forex broker and want to test and trade the real market on the XM broker system setups. You have a total of 25 days in the month of december after the account registration and completing the mandatory steps which are mentioned below.

XM forex broker $30 no-deposit bonus terms & conditions to withdraw profit amount

There are some important conditions to meet if you really want to take benefit from this no-deposit bonus opportunity. Here are the following terms and conditions settled by the XM global broker administration to combat the fraud and regulate the activity of the bonus program.

You must be a fresh user of XM broker at the time of bonus claim.

The IP address must be unique, having zero histories of XM broker account usage.

You must have to verify the account fully along with KYC verification to avail withdrawal opportunity.

You must have to trade 10 micro-lots of bonus amount so then you will able to withdraw your profited amount.

The bonus amount of $30 cannot withdrawable but you can withdraw the above amount of $30, whatever you profit made by trading your bonus amount.

When you withdraw your profit equivalent percentage of the bonus amount will also deduct from your bonus account i.E you made a $100 profit and withdraw $50 from your profit that is 50% so that percentage of 50% will deduct from the bonus amount which will be half of $30 and remaining bonus $15 you have remaining for trading.

The XM broker terms & conditions also identify that hedging will not allowable in this program.

Shares trading is not allowed or irrelevant to this bonus account.

The company reserve the rights whenever they want to change the policy of the bonus program by informing the users, as well as they, can nullify the eligibility of any user who notices as an activity violator of the system without their consent.

How to claim XM $30 no-deposit bonus

To claim the no-deposit bonus amount first of all you have to sign up for your account at XM broker member area click here to claim $30 bonus amount directly.

After successfully confirm your email and then move ahead and complete your ID verification process to gain the privilege of depositing and withdrawing quickly.

After completing the KYC process you can now able to claim your $30 bonus amount from the promotional tab or either through the claim button below given after the OTP verification.

Now you are able to trade your credited equity and make a profit out of it and make withdrawals.

Currently, XM is providing skrill, neteller, VISA, MASTER card, webmoney & local banks transfer payment channels after KYC verification

Thoughts on $30 bonus program

This opportunity is especially seemingly for those who want to avail this to trade in the real market with the real equity to get monetary benefit out of it. This program will end on until 31st of december 2020 so it’s great to offer for the XM new users who are ready to avail of it before the new year beginning. You can trade it properly with money management to avoid any chance of losing equity and chance of getting profitable withdrawal out of it. Suggestively on the equity of $30, 1 micro lot is only sufficient to trade on per definite major entry of great probabilities.

So, let's see, what we have: sign up today for a live trading account and start trading FX, stock indices, gold and oil. At xm forex account verification