FAQs
If you already have an account with us, you can open an additional account via the Members Area, without having to resubmit your documents. If you're a new client, you can upload your documents for verification (i.e. Proof of Identity and Proof of Residence) via the Members Area.
How to verify your account in XM? ›
If you already have an account with us, you can open an additional account via the Members Area, without having to resubmit your documents. If you're a new client, you can upload your documents for verification (i.e. Proof of Identity and Proof of Residence) via the Members Area.
How do I verify my trading account? ›
Here is how you can pass verification. Upload to your Client Area a photo of your passport or other identification document and wait for an email from the company, confirming successful verification. Accounts are usually verified within three minutes, but in some cases, the process can take up to 24 hours.
What is proof of residence for XM? ›
Proof of Residence: This can be a utility bill, bank statement, or any official document that shows your name and address. Proof of Payment: This can be a bank statement, credit card statement, or any other document that shows your payment method and account details.
How long does XM take to review documents? ›
In most cases, the XM verification process can take between 3 to 7 business days. This timeframe accounts for the typical processing time, the need for additional information or clarification, and the overall workload of the financial institution.
How do I verify my Sirius account? ›
To protect the privacy of your SiriusXM account, please verify your identity by providing your Radio ID, Account Number, or VIN. If you have a Streaming subscription, use the Need help? link below to chat live with an agent who will gladly assist you with managing your account online.
What is the minimum withdrawal on XM? ›
The minimum deposit or withdrawal amount for any account type is $5.
How do you show proof of trading? ›
What Proof of Trade do I need?
- Payslip from employer.
- Copy of City & Guilds or NVQ qualification.
- College enrolment certificate.
- Business card or letterhead.
- Local newspaper ad.
- Local phone directory entry.
How long does it take to verify a trade? ›
A few days after you make the trade over the phone, you should receive confirmation in the mail (or online) from your broker.
Where can I trade without verification? ›
Best No KYC Crypto Exchanges
No KYC Exchange | Supported Cryptocurrencies | Best Non-KYC Exchange for? |
---|
Blofin | 365 trading pairs available | Low trading fees |
KCEX | 400 coins for spot trading and 300 for leverage trading | Wide range of future contracts |
BingX | Over 700 coins available | Copy trading |
Changelly | 500+ cryptos | Buying crypto with fiat |
6 more rows
You are required to input your country of residence, email address, login password for the member page in the XM profile registration form.
What is a proof of trading address? ›
Acceptable documents:
A utility bill, such as water, electricity or rates (less than 3 months) A bank statement or financial statement from a financial institution (less than 3 months old) A copy of a signed lease agreement (by both parties), (less than 1-year-old)
What is proof of residence? ›
Current official document with your name and address
This information can come from a number of documents, but is necessary to proving where you live. A utility bill, credit card statement, lease agreement or mortgage statement will all work to prove residency.
How much commission does XM take? ›
Low FX fees
Broker | EURUSD spread | FX commission per lot |
---|
XM | 0.1 | $3.50 commission per lot per trade on XM Zero accounts |
FxPro | 1.4 | No commission is charged |
Admirals (Admiral Markets) | 0.1 | $3.00 commission per lot per trade |
Aug 28, 2024
Is XM broker real or fake? ›
Signing up with a fraudulent broker can easily result in you losing your money. The monetary loss can set back your investment plans by years. You can rest assured, XM is considered reliable as it is regulated by the top-tier ASIC in Australia.
Why did XM reject my withdrawal? ›
One of the most common reasons for XM rejecting a withdrawal is an insufficient account balance. This can occur if the funds in your XM account are not sufficient to cover the requested withdrawal amount, including any applicable fees.
Why is my XM account not working? ›
1. Check that the MT4/MT5 ID, password, and server that you enter perfectly match the ones received after registering. 2. Check your internet connection.
How do I register my XM real account? ›
Open a real account
After you log in to "Members Area" of XM, click "OPEN REAL ACCOUNT." Standard Account of MT5 will automatically be opened as a new account. If you wish to open other account types or MT4 account, please open an additional account after a new account opening.
How can I recover my XM account? ›
Enter your email. We'll send you a link to reset your password.
Why is my XM account invalid? ›
Identifying Causes of XM Invalid Account Errors
Incorrect Login Credentials: This is the most common reason for the Invalid Account error. Ensure you are entering the correct MT4/MT5 ID, password, and server address.