How to Open an XM Demo Account – A Step By Step Guide for Beginners
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In this 4 minute guide, we will show you step by step how to open a FREE XM Demo Account.
This Video Includes:
📢 Walkthrough the trading dashboard.
📢 How to set up your first trading positions.
📢 How to make your first deposit.
📢 and more…
✔️ Click here to read an honest review before opening your XM account – https://www.sashares.co.za/xm-com-review/
XM was founded in 2009 and is a group of online regulated brokers. With 3.5 million clients trading forex, stock indices, commodities, metals, and energies XM is a good choice when looking for a fully regulated broker. FX group focuses on a range of trading instruments and uses the MT4, 5 and XM webtrader which supports Windows, iOS and android.
With unlimited access to video tutorials, free access to daily technical analysis and 24/5 hour live help support XM group is a great choice for education, practice and trading.
Today I am going to show you how to open a demo account with XM.
First click on Open a demo account in the middle of their home page.
Next enter your personal information to create your demo account, once that is filled out click on Open a demo account at the bottom of the account creation page.
You will be required to verify your email address after your account has been created, head over to your email, find the verification link
In the email provided it will look like this, click on confirm email address and you will be directed back to the XM website.
Next its time for you to choose your platform.
Click on download platform, you have a choice to choose from meta trader 4 or meta trader 5 on a variety of operating systems. We decided to go with Meta traded 5 on windows
Click on access MT5 webtrader, or download a preferred platform of your choice. You might need to revise your demo account information and use MT5 for PC instead of webtrader if you encounter any problems.
You will be required to log in with the information that has been provided to you in an email that was sent after you completed your email verification
Enter that information here.
Once you have logged into to your trading platform, in our case it is MT5 on windows it will look something like this
On the top of the page you here you can change your graph types such as bar, line or chart with many other options such as zooming in and out and you can even save any active chart data as an image if you would like to,
On the left hand side you can see your market watch, which displays currency pairs and how they are acting in the marketplace. Just below that you can see two panels, details and trading. The details window shows you how currency pairs are acting against each other, and the trading window is for you to start buying or selling specific pairs.
At the bottom of the screen you can pan between these currency pairs if you double click them in the bottom tab, you can split the pairs in separate windows so you can see exactly which pairs are doing what at certain points in time. You can move these separate windows around to give you the freedom and option to move your graphs exactly where you would like to.
And that’s it, that is how you can create a demo account on XM with ease, enjoy trading and good luck.
Read an honest review about XM.com here – https://www.sashares.co.za/xm-com-review/