XM Trading allows you to split your funds into multiple accounts and trade by opening additional accounts. At XM, one person can hold up to 8 accounts, so you can open multiple accounts with different account types and trading platforms and use them for different purposes. To open an additional account with XM, you must first open a real account.
Additional account opening procedure
I will introduce the procedure to open an additional XM trading account.
Log in to your XM Trading My Page.
Click to open an additional account
There is an additional account opening button above My Account, so click it.
Enter and select each item in the trading account details.
Trading platform type: MT4/MT5
Account type: “Standard” “Micro” “Zero” “KIWAMI pole”
Account base currency: “JPY” “USD” “EUR”
Leverage: 1:1 to 1:888
Account Bonus: Choose whether or not to receive a bonus.
Finally, set a password for your account. The password must be 8-15 characters long and must contain uppercase letters, lowercase letters and numbers. After entering the password twice, tap or click the “Open real account” button at the end
When you tap or click the “Open a real account” button, you will receive an email from XM with “Account details”, so let’s check it.
The email contains the ID and server name of the additional account you opened, so please do not lose it.
Notes on additional accounts
Please keep the following points in mind when opening an additional account.
account opening bonus
Even if you create an additional account with XM, you will not receive an account opening bonus of 13,000 yen. This is because you can receive the account opening bonus only once per account, and it is determined that it will only be reflected in the first account you open.
While you can’t get a new account opening bonus, you can receive a deposit bonus up to the maximum amount.
Transfer of funds
If you create an additional account, you may be able to transfer funds from the existing account to the additional account. The bonus will also move according to the percentage of the transferred funds
Up to 8 accounts per account
XM allows you to open up to 8 accounts per account. If you have already opened 8 accounts, you cannot open additional accounts.
Submission of proof documents
If you have a real account that has already been activated, you do not need to submit any proof documents. Application time is completed in just 1 minute, and additional accounts can be used immediately.