You want to open an XMTrading account but are unsure what to submit or in what order. Missing a document or a detail usually delays activation.
The official pages describe three steps: register with an email address, verify your profile with two documents, then deposit and trade. We checked the official pages on 20 October 2026. Registration creates a first real account automatically.
Read on for the order of the steps, the exact documents, what the first account looks like and the points to check before you deposit.
XMTrading account opening: the short answer
- Register with an email address. A first real account is created for you automatically.
- Verify the profile in the XMTrading portal. You need a photo ID (POI) and a proof of address (POR).
- The first account is a Standard account with 1000:1 leverage in JPY, as stated on the official page.
- Deposit only after verification is complete, then download your trading platform.
- Account type cannot be changed later. You can open additional accounts of any type instead.
XMTrading calls the process "three simple steps": register, verify, trade. The details below follow the official help centre and the official account types page.
Compare Standard, Micro, Zero and KIWAMI accounts before you register
How to open an XM account: step-by-step registration
- 01Register with your email address
Create your XMTrading profile on the official site. Registration is done by email, and a first real trading account is created automatically.
- 02Log in and start account verification
Log in to the XMTrading portal or the XMTD TraderPro app. Click the "Verify account" button.
- 03Verify your phone number
Complete the phone verification. One profile can hold up to 3 phone numbers.
- 04Enter profile and investor information
Fill in your profile details and the investor profile questions.
- 05Verify your documents
Click "Start verification". Take a live photo of your ID, take a selfie, and upload your proof of address in the dedicated section.
- 06Deposit and download a platform
Once verification is complete, deposit funds. Then download your preferred trading platform and start trading.
You can also upload documents from your profile. Open Settings, choose Documents, then click "Upload documents".
XM verification documents: what to prepare
| Document | What the official page says |
|---|---|
| Proof of identity (POI) | Colour copy of a document issued by a public authority: passport, driving licence or ID card. It must show your full name, issue date, expiry date, date of birth, place of birth or tax number, and your signature. |
| Selfie | Required as part of the verification process, taken through the camera interface. |
| Proof of address (POR) | A recent utility bill (electricity, gas, water, phone, internet, cable TV) or a bank statement, dated within the past 3 months. |
The official site says the two documents above are the only ones required to open an account. The legal documents page explains the reason: regulators require valid ID and an address document dated within 3 months as part of know-your-customer (KYC) checks.
- Enter your name and address exactly as they appear on your documents.
- Use images where all four corners and every line of text are readable.
- Check the date on your address document before you upload it.
The three checks above are practical habits for a smooth review. They are not rules quoted from the official site.
What XMTrading creates after registration: your first account
| Item | Details |
|---|---|
| Account type | Standard |
| Leverage | 1000:1 |
| Base currency | JPY |
| Minimum deposit (all four account types) | $5 |
| Stop out level (all four account types) | 20% |
| Additional accounts | Up to 10 real and 5 demo accounts at the same time, using the same personal details |
| Changing account type | Not possible. Open an additional account of the type you want |
※ Stop out is the margin level at which open positions are closed automatically.
If you want different settings, finish verification first. After that, you can open an additional real account from the portal or the XMTD TraderPro app.
Your account number and trading server are shown in the portal. Open your account list, choose "Manage account", then "MetaTrader login information".
XM registration problems and cautions before you deposit
- If your country is missing from the list, XMTrading says it does not currently serve that country.
- You must be 18 or the legal age in your country.
- Access can be restricted for residents of certain countries. The official page lists examples and says the list is not exhaustive.
- Citizens of the United States, Canada, EU countries, Iran, North Korea and Belize are not served.
- XMTrading does not offer a Micro demo account at present. Use a Standard demo or a Micro real account.
The official demo guide says you can set the demo balance to any amount. Practising there is a way to test the platform before you fund a real account.
The official legal documents page lists terms for two entities, Tradexfin Limited and Fintrade Limited. The applicable entity and licence are shown on the registration screen, so read them there before you proceed.
Forex and derivatives trading carries a very high risk of losing your invested capital. Leverage can enlarge losses as well as gains.
Run a safety check on XMTrading: entity, regulation and withdrawal facts
Next step: confirm the account you want, then register
- Pick the account type and platform you want first, because the type cannot be changed later.
- Prepare a photo ID and an address document dated within 3 months.
- Read the entity and terms on the registration screen.
- Deposit only after verification is complete.
XMTrading account types, conditions and platforms on this site
Frequently asked questions
Q. How do I open an XMTrading account?
A. Register with your email address, then log in to the portal and verify your profile. Verification covers phone, profile details, investor information, ID, a selfie and proof of address. After that, deposit and download a trading platform.
Q. What are the XM verification documents?
A. XMTrading says only two documents are needed: proof of identity (passport, driving licence or ID card) and proof of address. The address document is a recent utility bill or bank statement dated within the past 3 months. A selfie is also part of verification.
Q. Which account does XMTrading create after registration?
A. The official page states a first real account is created automatically as a Standard account with 1000:1 leverage and JPY base currency. For different settings, open an additional account after verification.
Q. Can I change my XMTrading account type later?
A. No. The official page says account type cannot be changed. You can open additional accounts of any type from the portal or the XMTD TraderPro app.
Q. How many XMTrading accounts can I have?
A. Using the same personal details, the official page (checked 20 October 2026) allows up to 10 live accounts and 5 demo accounts at the same time. Check the portal for the current limits.
Sources and conditions
FX Textbook is an independent information site, not a broker or provider of personal investment advice. Forex and CFDs involve risk. You may lose some or all of your invested capital. No trading result is guaranteed.
NEXT STEP
Check the account details first, then register
Review the account types, minimum deposit and platforms on our XMTrading page. Then read the terms shown on the registration screen.
Brokers covered in this column
Account types, trading conditions and current offers are on each broker page.