How to Create and Link XM Broker Account to MetaTrader 5: XM Broker is a popular online Forex and CFD (Contract for Difference) broker that offers trading services to clients from around the world. XM Broker provides a wide range of financial instruments for trading, including Forex, CFDs on stocks, indices, commodities, cryptocurrencies, and metals.
They offer their clients the MetaTrader 4 and MetaTrader 5 trading platforms, as well as their own proprietary platform called XM WebTrader, which is accessible via a web browser.
How to Create XM Broker Account
To create an XM Broker account, follow these steps:
- Visit the XM Broker website: Go to https://www.xm.com and click on the “OPEN A DEMO ACCOUNT” or “OPEN AN ACCOUNT” button.
- Fill out the registration form: Enter your personal information, including your country of residence, email address, and password then click the “Register” button. Make sure all the information you provide is accurate and up-to-date.
- Verify your email address: After submitting the registration form, XM Broker will send you an email with a verification link. Click on the link to verify your email address.
- Complete your profile: Once you have verified your email address, log in to your XM Broker account and complete your profile. This includes providing additional personal information, such as your date of birth and address.
- Choose your account type: XM Broker offers several types of accounts, choose whether to create a Demo Account or Real Account.
- Verify your identity: XM Broker requires all users to verify their identity before they can start trading. You will need to upload a copy of your passport or ID card and a proof of address document, such as a utility bill or bank statement.
- Fund your account: Once your identity has been verified, you can fund your XM Broker account using a variety of payment methods, including credit/debit cards, bank transfers, and electronic wallets.
- Download the trading platform: XM Broker offers the MetaTrader 4 and MetaTrader 5 trading platforms. Download and install the platform of your choice.
- Start trading: Once your account has been funded and the trading platform has been installed, you can start trading on XM Broker’s platform. Make sure you understand the risks involved in trading and have a solid trading strategy in place. XM Broker also offers a range of educational resources to help you improve your trading skills and strategies.
How to Link XM Broker Account to MetaTrader 5 (MT5)
MetaTrader 5 (MT5) is a multi-asset trading platform, it provides traders with advanced trading tools and features, such as charting and technical analysis tools, order management, automated trading, and more. The platform is available as a desktop application for Windows and Mac, as well as a mobile app for iOS and Android devices.
To connect or link your XM Broker account to MetaTrader 5, you can follow these steps:
- Download and install MetaTrader 5 on your computer or mobile device. You can download MetaTrader 5 from the official MetaTrader website or from the XM Broker website.
- Open your MetaTrader 5 platform and click on the “File” menu at the top left corner of the platform.
- Select “Open an Account” from the drop-down menu.
- In the window that appears, search and select “XM GLOBAL LIMITED” from the list of available brokers and click on “Next.”
- Choose “Connect with an existing trade account.”
- In the login window, enter your XM Broker account number or ID in the “Login” field. Enter the password that you use to log in to your XM Broker account in the “Password” field.
- In the “Server” field, select your server.
- Click on “Finish” to complete the process and your XM account will be linked to your MetaTrader 5 platform.
On Mobile Phones or Smartphones
Once you have linked your XM account to MetaTrader 5, you can start trading on the platform using the various tools and features available, including technical analysis tools, trading signals, and more.