How to open XM's Cryptocurrency trading account? | Account Types & Bonus Promotions

XM, established in 2009, has excelled in the financial services sector, particularly in cryptocurrency trading, serving over 10 million clients globally. The company’s commitment to execution quality is evident with over 8.5 billion trades executed flawlessly, highlighting its operational efficiency with 99.35% of orders processed in under a second. Beyond digital platforms, XM emphasizes personal interactions, as shown by their management’s visits to over 120 cities to engage with clients and partners directly. XM offers a diverse array of trading instruments and features across more than 10 platforms, supporting over 30 languages and providing 24/7 customer support. Their ethical trading approach ensures fair conditions for all clients, backed by a strict no requotes and no rejections policy. XM adheres to stringent regulatory standards, maintaining licenses with several global entities to ensure a secure trading environment. Overall, XM not only offers robust trading solutions but also prioritizes client satisfaction and regulatory compliance, making it a leader in the global trading arena.

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XM: Pioneering Excellence in Cryptocurrency Trading

XM, established in 2009, has set a high benchmark in the financial services sector, particularly in cryptocurrency trading. With a clear focus on quality, XM has emerged as a leading figure in the global trading landscape, valued by over 10 million clients across more than 190 countries.

Invest in Cryptocurrencies with XM

Unmatched Trading Performance

XM boasts an impressive track record with over 8.5 billion trades executed without any requotes or rejections—a feat that underscores their commitment to reliability and client satisfaction. Their operational philosophy ensures that every trade is executed swiftly, with 99.35% of all orders fulfilled in less than one second, highlighting their efficiency and technological prowess.

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Global Presence and Human Touch

The company isn’t just about numbers; it values real-world interactions, as evidenced by their management visiting over 120 cities globally to engage directly with clients and partners. This hands-on approach is complemented by the hundreds of seminars they’ve hosted worldwide, aimed at educating traders and refining their investment strategies.

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Comprehensive Trading Solutions

XM offers an extensive range of trading instruments, including cryptocurrencies, forex, derivatives on stock indices, commodities, and more. Their platforms support over 30 languages and offer features tailored to enhance the trading experience for clients of all backgrounds and experience levels.

Trading Platforms

XM users can choose from over 10 feature-rich platforms, including the popular MT4 and MT5, accommodating the needs of traders on any device, anywhere.

Account Features

From negative balance protection to 24/7 customer support, XM ensures a trading environment that prioritizes client welfare and satisfaction.

Trading with XM means engaging with a broker that is consistently fair and ethical. All clients, regardless of their investment size or account type, enjoy the same trading conditions. This fair treatment extends to their strict no requotes and no rejections policy, ensuring a trustworthy trading experience.

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Commitment to Regulation and Security

As a licensed and regulated broker, XM adheres to the strictest standards of financial stability and operational integrity. Regulated by multiple global entities including ASIC, CySEC, FSC, and DFSA, XM commits to upholding the highest regulatory standards, ensuring a secure and transparent trading environment.

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Client-Centric Approach

At XM, the client’s needs take precedence. This client-focused approach is manifest in their dedication to providing tailored services that cater to the diverse needs of their global clientele. Whether it’s through offering a wide range of trading instruments or by providing personalized account management, XM strives to accommodate the unique trading goals of every investor.

Invest in Cryptocurrencies with XM

Why Choose XM for Cryptocurrency Trading?

Extensive Range of Instruments

Traders can access a wide variety of crypto assets along with traditional financial instruments.

Advanced Trading Tools

Utilize over 90 trading indicators and advanced charting tools to make informed decisions.

Flexible Trading Conditions

From low spreads to high leverage options, XM provides flexibility that caters to every trader’s strategy.

Educational Resources

With free access to market research, daily webinars, and video tutorials, traders are well-equipped to tackle the market’s challenges.

XM stands out not just for its extensive service offerings but also for its commitment to quality and client satisfaction. By continuously adapting to the market’s needs and leveraging cutting-edge technology, XM remains at the forefront of the cryptocurrency trading industry. It’s clear why millions choose XM: a broker that combines global reach with a personalized trading experience, making it a preferred choice for traders worldwide.

Open an account with XM

Account Types offered by XM

XM offers a variety of account types tailored to meet the diverse needs of traders worldwide. This guide delves into the specific features of each account type, including the XM Zero, Standard, and Micro accounts, highlighting their suitability for different trading strategies, particularly in cryptocurrency trading.

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XM Account Types Overview

XM provides three main types of accounts, each designed to cater to the various preferences and strategies of traders:

• XM Zero Account
• Standard Account
• Micro Account

Each account type supports trading on MetaTrader4 (MT4) and MetaTrader5 (MT5), ensuring access to top-tier trading platforms.

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1. XM Zero Account

The XM Zero Account is designed for more experienced traders who seek tight spreads and advanced trading conditions:

• Minimum Deposit: $200
• Account Currencies: EUR, JPY, USD
• Execution Type: ECN, offering direct market access
• Leverage: Up to 500:1
• Spread Type: Variable, starting from 0.0 pips
• Trading Commission: $3.5 per lot
• Trading Features: Supports scalping, hedging, and automated trading (EA)
• Additional Features: Offers PAMM/MAM accounts and optional Islamic accounts

This account is ideal for traders who can handle a higher level of market exposure and prefer ECN execution for faster, more direct trading.

Open XM Zero Account

2. Standard Account

The Standard Account is versatile, suitable for both new and experienced traders with a lower entry requirement:

• Minimum Deposit: $5
• Account Currencies: Includes a wider range such as AUD, CHF, EUR, GBP, and more
• Execution Type: STP, ensuring direct processing with no dealing desk
• Leverage: Up to 1000:1
• Spread Type: Variable, starting from 1 pip
• Trading Commission: None
• Trading Features: Allows for a minimum trade size of 0.01 lots and supports all trading strategies like scalping and hedging

This account is favored by traders looking for flexibility and low entry barriers without compromising on the quality of trade execution.

Open Standard Account

3. Micro Account

Designed for novice traders or those testing new strategies with smaller volumes:

• Minimum Deposit: $5
• Account Currencies: Similar diversity to the Standard account
• Execution Type: STP
• Leverage: Up to 1000:1
• Spread Type: Variable, starting from 1 pip
• Trading Features: Permits micro lot trading starting from 0.001 lots, ideal for low-risk exposure
• Additional Features: Supports EA, scalping, and hedging strategies

The Micro Account is perfect for beginners or those looking to trade with minimal investment.

Open Micro Account

Trading Platform Access

All XM accounts grant unlimited access to MT4 and MT5. These platforms support a range of functionalities including expert advisor (EA) trading, a suite of advanced analytical tools, and access to real-time market data.

XM values client satisfaction highly, offering multilingual support and personal account managers. Through the XM Members Area, traders can manage their accounts seamlessly, performing functions such as depositing funds, withdrawing earnings, and accessing trading tools and educational resources.

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Multi-Asset Trading Opportunities

For traders interested in diversifying their portfolio beyond forex, XM offers Multi-Asset Trading Accounts on the MT5 platform. These accounts provide the ability to trade cryptocurrencies, stock indices, precious metals, and energies, all from a single integrated platform.

Invest in CFD Markets

Choosing Between MT4 and MT5

MT4

Best suited for forex and cryptocurrency CFD trading. It is the preferred choice for traders who do not require access to stock CFDs.

MT5

Offers expanded capabilities, including trading in stock CFDs and access to more comprehensive trading instruments.

See comparison Table of MT4 and MT5

Why Consider an Ultra-Low Account?

For those seeking even lower spreads and commissions, the Ultra-Low Micro and Ultra-Low Standard accounts offer benefits like zero swaps on major pairs and spreads as low as 0.6 pips, alongside high leverage options.

XM’s diverse account offerings are tailored to meet the needs of all types of traders, from those making their first foray into forex trading to seasoned investors seeking sophisticated trading conditions. Each account type is designed with specific trader requirements in mind, ensuring that XM clients can trade effectively and efficiently, regardless of their trading style or the size of their investment.

Open the Ultra Low Account

XM’s Cryptocurrency Trading Conditions

Cryptocurrency trading at XM combines the dynamic nature of crypto markets with XM’s robust trading infrastructure, offering traders a unique opportunity to engage with digital currencies under exceptional trading conditions. This detailed overview provides insight into the various aspects of cryptocurrency trading with XM, including leverage, spreads, trading hours, and specific conditions related to individual cryptocurrencies.

Invest in Cryptocurrencies with XM

Key Features of Cryptocurrency Trading with XM

Availability

Cryptocurrency markets are available for trading 24 hours a day, seven days a week at XM, providing constant access to the markets. Note, however, that due to scheduled maintenance of servers to enhance performance, trading may be temporarily unavailable during certain weekend periods.

Commission and Fees

XM stands out by offering zero commission trading on cryptocurrencies, which can significantly reduce the cost for traders and increase net returns.

Leverage

XM provides leverage of up to 500:1 for cryptocurrency trading. This high level of leverage allows traders to maximize their trading positions and potential returns with a relatively small amount of capital.

Market Positions

Traders can choose to go short or long depending on market conditions, offering flexibility to capitalize on both rising and falling markets.

Spreads and No Re-quotes

XM offers tight spreads on cryptocurrency trades and adheres to a strict no re-quotes policy, ensuring that trades are executed at the prices traders expect.

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Detailed Trading Conditions for Specific Cryptocurrencies

XM offers a broad range of cryptocurrencies for trading on both the MT4 and MT5 platforms. Here are the trading conditions for some of the most popular cryptocurrencies:

Bitcoin (BTCUSD)

• Spread: As low as 92.80 USD
• Minimum Trade Size: 0.01
• Maximum Trade Size: 80
• Margin Percentage: 0.2%

Ethereum (ETHUSD)

• Spread: As low as 7.35 USD
• Minimum Trade Size: 0.02
• Maximum Trade Size: 1180
• Margin Percentage: 0.2%

Ripple (XRPUSD)

• Spread: As low as 0.00315 USD
• Minimum Trade Size: 0.08
• Maximum Trade Size: 1600
• Margin Percentage: 0.4%

Each cryptocurrency has specific trading conditions related to the spread, minimum and maximum trade size, and margin requirements. These conditions are designed to provide traders with a clear understanding of their potential exposure and the capital required to manage their trades effectively.

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Margin Requirements

The margin is always set at 50% for hedging positions on derivatives, ensuring that traders can secure their positions without overly committing their capital. If the margin level exceeds 100%, traders can maintain their positions more comfortably, mitigating the risk of margin calls.

Invest in Cryptocurrencies with XM

Trading Platforms

XM offers cryptocurrency trading on both MT4 and MT5 platforms. These platforms are renowned for their reliability, advanced analytical tools, and automated trading capabilities. Traders can take advantage of more than 90 technical indicators, comprehensive charting tools, and automated trading systems (EAs).

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Additional Trading Benefits

Scalping, Hedging, and News Time Trading

XM allows scalping, hedging, and trading during news announcements, giving traders the freedom to employ a wide range of trading strategies.

PAMM/MAM Accounts

For professional traders and money managers, XM provides PAMM/MAM accounts which are crucial for managing multiple client accounts with varying strategies and allocations.

Islamic Accounts

XM offers optional Islamic (swap-free) accounts for traders who need to comply with Sharia law, ensuring that the trading environment aligns with ethical and religious principles.

XM’s cryptocurrency trading services are structured to offer an attractive investment alternative to traditional forex trading. With round-the-clock trading availability, competitive conditions, and access to a wide range of digital currencies, XM positions itself as a top choice for traders looking to diversify into the volatile and exciting world of cryptocurrencies. The combination of zero commissions, high leverage, and the reliability of the XM trading platforms makes it an ideal option for both new and experienced traders in the cryptocurrency space.

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XM’s Comprehensive Trading Conditions

XM offers a highly sophisticated trading environment with optimal conditions, particularly notable in the domain of cryptocurrency trading. This article provides an exhaustive review of XM’s trading execution, spread, leverage, and rollover conditions, shedding light on why many traders choose XM for their trading needs.

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Execution Excellence at XM

XM is renowned for its ultra-fast trade execution, ensuring that 99.35% of all orders are executed in less than one second. This level of efficiency is crucial for traders who need quick and reliable access to the markets, particularly in the fast-paced world of cryptocurrency trading.

Key Features of XM’s Execution:

No Re-quotes

XM has a strict policy against re-quotes. Traders receive the price seen upon order placement, facilitating transparency and trust.

No Order Rejections

A 100% execution rate means that all orders are executed without rejections, even during market fluctuations.

Real-time Market Execution

Orders are filled in real-time, reflecting live market conditions.

Diverse Order Types

Traders can place market, limit, stop, and trailing stop orders, enhancing strategy implementation flexibility.

Telephone Trading

For those preferring a more personal touch, XM allows placing orders via phone, directly with dealers.

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Trading Flexibility:

Simultaneous Open Positions

Traders can hold up to 300 open positions at once, including pending orders, providing ample room for diversified strategies.

Market Order Fills

XM guarantees fills on market orders up to 50 lots, ensuring substantial trade volumes are handled smoothly and efficiently.

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Spread and Pricing at XM

XM is committed to providing competitive spreads starting as low as 0.6 pips on major currency pairs, which is essential for minimizing trading costs and maximizing potential returns.

Highlights of XM’s Spread Conditions:

Variable Spreads

XM operates with variable spreads that reflect real-time market conditions, ensuring traders receive the most competitive prices.

Fractional Pip Pricing

With fractional pip pricing, XM offers highly accurate quoting, allowing traders to benefit from the smallest price movements.

No Trading Restrictions

There are no trading restrictions around news announcements, which means traders can capitalize on market volatility when news breaks.

Invest in Cryptocurrencies with XM

Leverage and Margin Requirements

Leverage at XM can go up to 1000:1, offering traders significant potential to amplify their trading positions. The flexible leverage system allows traders to choose the best ratio suited to their trading style and risk tolerance.

Leverage Details:

Flexible Options

Leverage ranges from 1:1 to 1000:1 based on account equity.

Dynamic Margin

For cryptocurrency CFDs, leverage is dynamic, adjusting automatically based on the traded volume for each instrument.

Margin Protection

Negative balance protection ensures traders cannot lose more than their account balance, and real-time risk exposure monitoring helps manage risk effectively.

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Rollover Rates at XM

Rollover or swap rates at XM are competitive and transparent. Positions held open overnight incur or benefit from these rates, which are determined by the differential between the interest rates of the traded currencies.

Key Rollover Information:

Transparent Swap Rates

XM provides clear and competitive swap rates, displayed openly to avoid surprises.

3-Day Rollover Strategy

On Wednesdays, XM charges a triple swap to cover the weekend, maintaining transparency with traders.

Interest Calculations

For forex and metals, rollover is calculated using tom-next rates; for stocks and indices, it’s based on the interbank rate relevant to the stock’s country.

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Trading Hours and Accessibility

XM supports continuous trading from Sunday 22:05 GMT to Friday 21:50 GMT, ensuring that traders can execute trades almost anytime they wish.

24/7 Customer Support

Traders can reach out to XM’s customer support at any time for assistance with trading activities or technical issues.

Online and Phone Trading

Orders can be placed online through the trading platform or by phone, providing flexibility according to the trader’s preference.

XM’s trading conditions are designed to meet the needs of diverse trading strategies and risk profiles, especially in the volatile market of cryptocurrencies. With robust execution policies, competitive spreads, flexible leverage, and comprehensive support, XM provides a trading environment that is both dynamic and secure.

Invest in Cryptocurrencies with XM

XM’s MetaTrader Platforms: MT4 and MT5

XM offers access to two of the most powerful trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Developed by MetaQuotes Software Corp., these platforms are equipped with advanced trading tools and features, making them a top choice for traders worldwide, particularly those trading cryptocurrencies.

MetaTrader 4 (MT4) at XM

Advanced Trading Execution

XM MT4 ensures no re-quotes and no rejections, with flexible leverage options up to 1000:1, allowing traders to maximize their trading potential.

Rich in Features

Offering over 1000 trading instruments including Forex, cryptocurrencies, CFDs, and futures, MT4 at XM is versatile. It supports all styles of trading and includes features like one-click trading, full EA functionality, and VPS functionality to accommodate automated trading strategies.

Technical Analysis Tools

With access to 50 indicators and charting tools, and three different chart types, traders can conduct thorough market analysis to make informed decisions.

User-Friendly Interface

The platform is designed for both novice and experienced traders, providing a straightforward navigation interface and built-in help guides for MetaTrader 4 and MetaQuotes Language 4.

Robust Security

Ensures full data back-up and security, keeping trader information and transaction details confidential and secure.

Open an MT4 Account

Installation and Accessibility

Installation

MT4 can be downloaded and installed with ease from XM’s website, compatible with Microsoft Windows 10 or higher.

Access

Traders can access the MT4 platform by logging in with their account details, which are secured through a rigorous verification process.

Open an MT4 Account

MetaTrader 5 (MT5) at XM

Multi-Asset Platform

MT5 extends the capabilities of MT4 by offering additional CFDs on stocks and over 1000 instruments. This makes it an ideal platform for trading multiple assets including cryptocurrencies, forex, precious metals, and energies.

Advanced Trading Tools

Supports all order types and offers more than 80 technical analysis objects, along with a market depth feature that shows the latest price quotes.

Superior Charting

Traders can display up to 100 charts simultaneously, providing a comprehensive view of the markets. This feature is especially beneficial for traders who operate with multiple assets and need to monitor complex market dynamics.

Automated Trading and Customization

Like MT4, MT5 also supports automated trading with expert advisors, but with the enhanced MQL5 programming language which allows for more complex strategies and faster execution.

Open an MT5 Account

System Requirements and Installation

System Requirements

MT5 requires a more robust system compared to MT4, including at least 4 core CPU and 8GB of RAM to run efficiently.

Installation

Installation is straightforward and once installed, traders can use their login details to access the platform immediately.

Open an MT5 Account

Mobile Trading Solutions

Both MT4 and MT5 are available on mobile devices, ensuring traders can manage their accounts and trade directly from smartphones and tablets. These mobile platforms are optimized for both Android and iOS devices, offering full account functionality, technical analysis tools, and real-time interactive charts.

Key Mobile Features:

Native Application Experience

Both platforms provide a seamless mobile user experience, maintaining the functionality and range of desktop versions.

Accessibility

Traders can manage their accounts, execute trades, and analyze the markets anytime, anywhere.

Download the Mobile App

Web Trading Options

For those preferring not to download software, both MT4 and MT5 offer web trader options. These platforms are accessible directly from a web browser and maintain all the functionalities of the desktop versions, making it convenient for those who switch between different devices or travel frequently.

Do to the Web Trader

XM’s offerings of MT4 and MT5 provide traders with robust tools and flexible options for trading across various markets, including cryptocurrencies. With advanced features, superior charting capabilities, and automated trading functionalities, both platforms cater to the needs of different trading styles and strategies. Whether trading from a PC, smartphone, or tablet, XM’s MetaTrader platforms offer a powerful, efficient, and accessible trading environment.

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XM Copy Trading

XM Copy Trading offers a dynamic platform where both new and experienced traders can connect, share, and capitalize on trading strategies from across the globe. This tool allows individuals to replicate the trades of successful strategy managers, offering a unique blend of learning and earning opportunities, especially in fast-moving markets like cryptocurrencies.

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Features and Benefits of XM Copy Trading

Copy Expert Strategies Effortlessly

XM Copy Trading allows users to access over 4,000 vetted trading strategies, including those focused on cryptocurrencies. Traders can copy these strategies in just a few clicks, either from a desktop or via mobile on iOS or Android platforms. This immediate access to proven strategies can be a significant advantage in the volatile crypto market, where timely decisions are crucial.

No Upfront Fees

One of the appealing aspects of XM Copy Trading is the fee structure. Investors can copy strategies for free and only pay a fee from the profits made, which aligns the interests of strategy managers and investors. This performance-based fee ensures that strategy managers are motivated to continue providing profitable and high-quality trading strategies.

Thriving Community Interaction

With a community of over 100,000 users, XM’s platform is not just about trading but also about learning and sharing experiences. Traders can ask questions, receive trading ideas, and share best practices with millions of users globally, fostering an environment of continuous improvement and learning.

Strategy Manager Benefits

For traders who have developed successful trading strategies, XM Copy Trading offers a lucrative opportunity to earn from their knowledge. Strategy managers can earn up to 50% in profit share by making their strategies available to the community. This not only provides a financial incentive but also encourages a culture of innovation and sharing within the platform.

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How XM Copy Trading Works

For Investors

Selection of Strategies

Investors can use smart filters to find and select strategies that meet their investment goals and risk tolerance.

Investment Allocation

Decide how much to invest in each selected strategy. The trades made by the strategy managers are automatically replicated in the investor’s portfolio.

Monitoring and Adjusting

Investors can monitor the performance of their investments and make adjustments as needed, providing flexibility and control over their investment choices.

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For Strategy Managers

Strategy Creation

Traders who have developed effective trading strategies can set up as Strategy Managers.

Sharing and Earning

By sharing their strategies, managers gain exposure to a vast pool of potential followers and earn a profit share from the successful trades replicated by their followers.

Community Engagement

Strategy Managers also benefit from feedback and interaction within the community, helping them refine and improve their strategies.

Invest in Cryptocurrencies with XM

Getting Started with XM Copy Trading

1. Account Creation and Verification: The first step involves creating and verifying a user account with XM, ensuring that all transactions and interactions are secure.
2. Role Selection: Users can sign up as either Investors or Strategy Managers, depending on their experience and objectives.
3. Strategy Selection or Creation: Investors can begin copying strategies, and Strategy Managers can start sharing theirs.

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Advantages for New Traders

XM Copy Trading is particularly beneficial for new traders. The platform is designed to be user-friendly and intuitive, allowing new users to navigate easily. By copying the trades of experienced traders, new investors can learn effective trading strategies and market behavior while still capitalizing on trading opportunities. This educational component is crucial, as it provides practical experience in real-market conditions.

XM Copy Trading stands out as a powerful tool in the trading world, offering both new and experienced traders the opportunity to grow their trading skills and monetary gains through a collaborative and educational platform.

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XM’s Bonus Promotions

XM offers various bonus promotions designed to enhance the trading experience and increase the potential returns for its clients. These promotions, which include no-deposit bonuses, deposit bonuses, and social competitions, provide both new and existing clients with opportunities to optimize their trading strategies and maximize their potential.

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No-Deposit Trading Bonus – €25 Trading Bonus

XM’s no-deposit trading bonus is particularly appealing to new traders. By simply opening a real account, new clients automatically receive €25 (or currency equivalent) credited to their accounts. This bonus allows traders to test XM’s trading environment without any initial investment risk.

Features:

• No deposit is required.
• Automatically credited upon account opening.
• Non-withdrawable; however, any profits earned can be withdrawn.
• Available exclusively to new clients.

This bonus is ideal for new traders who wish to experience trading in real market conditions without the risk. The bonus amount is not withdrawable, but traders can withdraw any profits made from trading with this bonus, subject to XM’s standard withdrawal procedures.

Receive the No Deposit Bonus

Deposit Bonus Promotion

50% Deposit Bonus up to $500 + 20% Deposit Bonus up to $4,500.

XM offers a lucrative deposit bonus for traders looking to maximize their trading potential. The two-tier bonus includes:

• 50% on the first $1,000, giving up to $500.
• 20% on the additional amount up to $4,500 in total bonuses.

Receive the Deposit Bonus

Key Features:

• Instant credit on your deposit.
• Applies to deposits starting from just $5.
• Available for MT4 and MT5 accounts.
• Non-withdrawable bonus.

This deposit bonus is designed to give traders more capital to trade with, thus increasing their leverage and potential for higher returns. Like the no-deposit bonus, the deposit bonus itself cannot be withdrawn, but profits earned from trading the bonus funds can be.

Invest in Cryptocurrencies with XM

XM Social Competitions – Demo and Real Account Competitions

XM hosts various trading competitions for both demo and real account holders, offering substantial cash prizes. These competitions are a great way for traders to test their trading skills against others without any entry fee.

Competition Features:

• No entry fee required.
• Competitions for both demo and real accounts.
• Withdrawable cash prizes.
• Open to all traders, regardless of experience level.

These competitions not only provide an opportunity to win extra money but also allow traders to gain insights and new trading ideas from their peers in a competitive setting.

Join a Trading Competition

Loyalty Program

XM rewards its loyal clients through a structured loyalty program that allows traders to earn XM Points (XMP), which can be converted into credit bonus rewards.

Program Details:

• Different loyalty levels (Executive, Gold, Diamond, Elite) with increasing benefits.
• Earn XMP on every lot traded, which can be redeemed as a trading bonus.
• The more you trade, the faster you accumulate points and climb through the loyalty tiers.

This program is designed to incentivize active traders by providing them with rewards that can enhance their trading power.

Join the Loyalty Program

Free VPS Services

To ensure optimal trading conditions, XM offers a Virtual Private Server (VPS) service that allows traders to run automated algorithm strategies 24/7 without any interruptions, at no extra cost under specific conditions.

VPS Features:

• Available for clients who maintain a minimum balance of 500 USD and trade at least 2 standard round turn lots per month.
• Provides increased speed of trades and enhanced execution.
• Ideal for running Expert Advisors (EAs) without needing your PC to be on.

This service is particularly beneficial for traders using automated trading systems and ensures that their trading activities are not hindered by any technical issues on their personal computers.

XM’s diverse range of bonus promotions and additional services like the Loyalty Program and free VPS offer significant value to both new and existing clients. These promotions are crafted to enhance the trading experience at XM, providing clients with numerous opportunities to start and continue trading under optimal conditions with additional benefits.

Get a Free VPS

How to open an account with XM?

Here’s how you can start trading cryptocurrencies with XM in five straightforward steps:

Create and Verify Your Account

Sign up for an account with XM. You will need to provide personal information and complete the verification process, which typically requires submitting identification documents. This ensures compliance with regulatory requirements and secures your account.

Choose Your Account Type

Select the type of account that best fits your trading style and needs. XM offers several account types, such as XM Zero, Standard, and Micro accounts, each with different features like varying leverages, spreads, and minimum deposits.

Deposit Funds

Fund your trading account using one of the several deposit methods available. XM supports multiple currencies and offers methods like bank transfers, credit cards, and electronic wallets. Remember, XM provides different leverage options depending on the account type and your funding amount.

Select Your Trading Platform

Choose from the trading platforms offered by XM, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5). These platforms are available on various devices, including desktops, tablets, and smartphones, allowing you to trade on the go.

Start Trading

Use the trading tools and resources available to analyze the cryptocurrency market. You can trade a variety of cryptocurrencies and use tools like trading indicators and chart analysis to make informed decisions. Monitor your trades and adjust your strategies as needed based on market conditions.

By following these steps, you can efficiently start trading cryptocurrencies with XM, leveraging their advanced trading platforms and comprehensive market resources.

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FAQs about XM’s Cryptocurrency trading service

What is XM?

XM is a global broker established in 2009, specializing in financial services including cryptocurrency trading.

How many trades has XM executed without requotes or rejections?

XM has executed over 8.5 billion trades without any requotes or rejections, emphasizing its reliable trading performance.

What percentage of XM orders are fulfilled in less than one second?

99.35% of all XM orders are executed in less than one second.

What types of trading instruments does XM offer?

XM offers a broad range of instruments including cryptocurrencies, forex, derivatives on stock indices, and commodities.

What platforms does XM support for cryptocurrency trading?

XM supports over 10 trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Does XM offer educational resources for cryptocurrency trading?

Yes, XM provides extensive educational resources, including market research, daily webinars, and video tutorials.

What are the key features of XM’s cryptocurrency trading conditions?

XM offers zero commission trading, leverage up to 500:1, and tight spreads with no requotes on cryptocurrency trades.

Can I trade cryptocurrencies 24/7 with XM?

Yes, cryptocurrency markets are available for trading 24/7 at XM.

What are some specific trading conditions for popular cryptocurrencies at XM?

Trading conditions for Bitcoin include a spread as low as 92.80 USD and leverage of 0.2%.

Are there any automated trading options at XM?

Yes, XM’s platforms support automated trading with expert advisors (EAs).

Does XM offer accounts that comply with Islamic law?

Yes, XM provides optional Islamic (swap-free) accounts.

What security measures does XM employ for trading?

XM ensures robust security with full data back-up and is regulated by multiple global entities like ASIC and CySEC.

Can I use leverage in cryptocurrency trading with XM?

Yes, XM provides flexible leverage options for cryptocurrency trading up to 500:1.

What makes XM a preferred choice for cryptocurrency traders?

XM combines advanced trading tools, a wide range of instruments, and a client-focused approach, making it a preferred choice for traders worldwide.

Invest in Cryptocurrencies with XM