How to Open an XM Account in India
A simple step-by-step guide to registering, verifying and funding your XM account as an Indian resident.
Open XM Account →To register an XM account, sign up with your email, verify your identity (KYC) and fund your account from a $5 minimum deposit — usually within 24 hours. You then manage everything from your XM account area (My XM): deposits, MetaTrader 4 and MetaTrader 5 downloads and your trades.
What you need to open an account
- A valid government ID and proof of address
- An email address and phone number
- A minimum deposit of $5 to start trading live
How long: Verification is usually completed within 24 hours
Eligibility: Open to traders in India who are 18+; verify the broker accepts your residency before depositing.
Step by step
- Click the ‘Open Account’ button on this page to sign up and start your XM registration.
- Enter your email and create a secure password for your My XM account.
- Complete the form with your residential details in India.
- Verify your identity (KYC) — upload a government ID and proof of address.
- Choose your account type and base currency.
- Fund your account — the minimum deposit is $5.
- Download the XM app or desktop platform and start trading (or practise on a demo first).
Before you deposit
We recommend getting comfortable with the platform and testing your strategy with virtual funds on a free demo account first.
XM account at a glance
| Detail | XM |
|---|---|
| Minimum deposit | $5 |
| Base currencies | USD, EUR, EUR |
| Account types | Standard, Ultra Low, Micro |
| Platforms | MetaTrader 4 and MetaTrader 5 |
| Maximum leverage | Up to 1:1000 |
Confirm current terms before depositing.
Frequently asked questions
How do I sign up for XM?
Click Open Account, enter your email, create a password and complete the short sign-up and KYC steps.
How do I access my XM account?
After you sign up, log in to your XM account area (My XM) to deposit, download MetaTrader 4 or 5 and manage trades.
How long does XM registration take?
Sign-up takes a few minutes; identity verification is usually completed within 24 hours.
What documents do I need to register?
A government ID and proof of address for KYC verification.