Forex trading, leverage up to 1000:1

XM Group offers Forex trading with up to 1000:1 leverage. Graphically illustrate methods from opening free accounts. Regulated by CySec, ASIC, FCA, IFSC, XM Group is a forex trading broker dedicaded to delivering services in Forex and CFD trading.

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  1. HOME>
  2. How to open a free trading account

How to open a free DEMO Account. Forex trading with 1000:1 leverage at XM Group

To practice free trading, you can open a demo account with XM Group.

By opening a demo account with XM Group, you can trade using virtual funds in a similar way to real trading.

Opening a demo account with XM takes about 1 minute.

Related Articles
  • How to open a Real account XM Group
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Contents
  • 1. Step 1: Creating a Profile
    • 1.1. Entering Email Address and Password
    • 1.2. Email Address Verification
  • 2. Step 2: Register for a Demo Account
    • 2.1. Log in to XM Members Area
  • 3. Open the Demo Account Registration Form
    • 3.1. Set Up the Demo Account
    • 3.2. Set Up Demo Account Password
  • 4. Steps After Completing XM Demo Account Registration

Step 1: Creating a Profile

Access the official website of XM and click on the “Open Demo Account" button.

XM Official Website.

XM official website

XM official website

Entering Email Address and Password

Please enter your email address and desired password.

Then, check the checkbox and press the “REGISTER" button.

Entering Email Address and Password

Entering Email Address and Password

  • Country of Residence: Please verify that your country of residence is displayed correctly.
  • Email: ****@gmail.com
  • Password: Set your desired password.

Email Address Verification

After registration, you will receive a confirmation email from XM to the email address you provided.

Please open the email and click the “Verify Email" button.

Email Address Confirmation

Email Address Confirmation

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Step 2: Register for a Demo Account

Log in to XM Members Area

Open XM’s Members Area and enter the email address and password you registered with in Step 1 to log in.

Log in to XM Members Area

Log in to XM Members Area

Open the Demo Account Registration Form

Click on the “OPEN A DEMO ACCOUNT" button.

Click on the OPEN A DEMO ACCOUNT button

Click on the OPEN A DEMO ACCOUNT button

If the above page is not displayed, log in to the member area and scroll down to the bottom of the page to navigate to “Overview of My Accounts".

Tap on “Open Additional Account" and then select “Custom Demo Account".

Custom Demo Account

Custom Demo Account

Set Up the Demo Account

Select your preferred “Trading Platform Version, Account Type, Leverage, Base Currency, Investment Amount," and click on the “Next" button to proceed.

Set Up the Demo Account

Set Up the Demo Account

  • MetaTrader Version: (e.g., MT5 version is more user-friendly)
  • Account Type: (e.g., Ultra Low Standard)
  • Leverage: (e.g., 1000:1)
  • Base Currency: (e.g., USD)
  • Investment Amount: (e.g., 10,000)

Set Up Demo Account Password

Create a password for your demo account. You can use the same password as in Step 1.

Enter your desired password and click the “Finish" button to complete the demo account setup process.

Set Up Demo Account Password

Set Up Demo Account Password

Start TRADING for FREE NOW

Steps After Completing XM Demo Account Registration

After creating a demo account with XM, the next step is to install the MT4 or MT5 trading platform.

Depending on your selection of “Trading Software Type," choose to install either MT4 or MT5. Please note that if you choose MT4, you cannot log in with an MT5 ID, and vice versa (you cannot log in to MT4 with an MT5 ID).

Once you have completed the XM demo account registration process, you will receive an email from XM containing your “Login ID," “Server Name," and the “Password" you set during the account opening process. You can use these three login details to log in to the trading platform and start trading.

Related Articles
  • How to open a Real account XM Group
  • Deposit into a real account
  • Download MT4 for free
  • Start trading MT4
  • How to use MT4/MT5
  • Basic Guide to Using MT4/MT5
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Download the latest version of MT4

Download the latest version of MT4

Click on the image to download the latest version of MT4.

MT4 is an optimal foreign exchange transaction tool that can be used for free.

  • How to use MT4

Trading Hours

Trading sessions from Sunday 22:05 GMT to Friday 21:50 GMT

  • Winter time: (GMT+3) Monday 00:05 ~ Friday 23:50
  • Summer time: (GMT+2) Monday 00:05 ~ Friday 23:50
  • trading time

Types of trading account

Comparing XM accounts

You can check the account type list!

Category

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How to use XMP

XMP is short for XM Points, XM points can be automatically accumulated in each trading session.

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XM is a trading name of Trading Point Holdings Ltd, which wholly owns Trading Point of Financial Instruments UK Ltd (XM UK), Trading Point of Financial Instruments Pty Ltd (XM Australia), XM Global Limited (XM Global) and Trading Point of Financial Instruments Ltd (XM Cyprus).

XM UK is authorized and regulated by the Financial Conduct Authority (reference number: 705428), XM Australia is licensed by the Australian Securities and Investment Commission (reference number: 443670), XM Global is regulated by the IFSC (60/354/TS/18) and XM Cyprus is regulated by the Cyprus Securities and Exchange Commission (reference number: 120/10).

XM Global (CY) Limited with offices at 36, Makariou & Agias Elenis, ‘Galaxias’ Building, 5th floor, Office 502, 1061, Nicosia, Cyprus. Risk Warning: Forex and CFD trading involves significant risk to your invested capital.

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