To deposit funds and start trading at XM, you need to upload your account holder’s identification documents.

According to financial instrument trading rules, financial intermediaries are obliged to receive account holders’ identification documents

(XM will receive approval from the Cyprus financial institution (Cysec), Seychelles (FSA) and financial services provider (FSP).

So, in order to trade you need to upload the account holder’s identification documents to the Forex trader.

Step 1 Log in to my page

Go to XM’s official website.

Click on the “Member Login” button at the top of the screen.

XM Member login

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Enter your login ID and password when opening a real account .

XM member login

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Step 2: Click on Upload my documents

Click the “Upload Document” button on the menu on the screen.

Click on Upload my documents

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Step 3: Upload 2 sets of account holder’s idenfication documents

Account holder’s identification documents are comprised of 2 components

First of all, it includes a photo of the account holder such as his /her identity card or passport.

Second, it includes proof of residency where account holder registered.

XM member login

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Sample for account holder’s idenfication ducuments
  • Driving license
  • Passport
  • ID card
Any of the above documents.

Sample for proof of residency
  • Medical certificate
  • Public fee invoice/payable
  • Electricity Bill/payable
  • Credit card /Bank Statement
  • Proof of registered place of residence
  • Tax assessment
Any of the above documents.
Documents must be valid for 6 months from the date of issue.

If you can’t provide a scanned copy, you can take a photo of your document with your phone, save it and upload it.

Upload color photos with high resolution. If the letters are not clear, the document will not be accepted

Click on “Browse” and select the file saved on your computer. (Can also be uploaded from a computer).

If you have selected your profile, click on “Upload your document”. Then, the the uploading has been completed.

Usually, accounts will be activated within 1 ~ 2 business days (except Saturdays, Sundays and holidays), or after a few hours if quickly processed.

Next step after uploading account holder’s identification documents?

After account holder’s identification documents are uploaded and the account is activated deposit funds into the real account.

There are many ways to deposit fund such as credit card, debit card, bank transfer, ..

You can simply deposit by signing in to my XM page, choose deposit method from the top menu, then enter the amount you want to deposit.