XM Stocks

A quick and user-friendly guide on how to trade stocks with XM

73.03% of retail CFD accounts lose money

9.4

Total Score

9.9

Minimum Deposit

9.8

Platforms

9.8

Payment Methods

9.9

Withdrawal Processing Time

9.6

Spreads

9.3

Customer Support

9.8

Education

8.9

Tradable Assets

The XM stock CFD trading platform offers direct access to several financial instruments and the worldwide equity market. Having an XM trading account basically gives traders access to invest in global economies with the option of going long or short depending on the movement of the market. Ideal for investors looking to develop both long-term and short-term strategies, the XM stock trading platform provides a good place to start your investing journey.

Already interested to trade stocks with XM? Then it's time to open an account with this broker!
Tradable stock CFDs on XM Group's platform
Tradable stock CFDs on XM Group's platform

How to Open an XM Stock Trading Account?

To open an XM trading account, simply follow these steps:

  1. On the XM Homepage, select and click the "Open a Live Account " button.
  2. Fill the online form with your personal information.
  3. Since you would want to trade stocks, select the "MT5" platform since the "MT4" is for forex trading only.
  4. Select an account type and click "Proceed".
  5. Fill another online form with information regarding your trading experience and knowledge.
  6. Set a password for your XM trading account.
  7. Read and Accept if you agree, the Terms and Conditions and other Policies.
  8. Select and click the button "Open a Real Account".
  9. Wait for the confirmation link on your email. After receiving it, click the link to finish your XM account registration.
  10. You will be directed to the XM Members Area where your MT5 ID number will be shown. Enter your password and click "Login".
  11. Check your email inbox for your MT5 ID and server name and the link that will take you to the login page where you can also download your selected trading platform — in this instance, the XM MT5 trading platform.
XM Group registration page
XM Group registration page

Validating the XM Stock Trading Account

To maximize the use of the XM trading platform by getting access to all its features, you need to validate your account by following these steps:

  1. Prepare your documents such as proof of identity (ex: valid passport) and proof of residency (ex: bank account statement or a utility bill dated not older than six months).
  2. Submit these documents on the XM Members Area.
  3. Enter your MT4/MT5 number and password to login.
  4. Select the button "Validate your account now".
  5. Upload a colored and clear soft copy of your documents.
  6. Afterwards, just wait for an email from the XM Validation Department stating that your account has been validated.

Financial Instruments You Can Trade on XM's Stock Trading Platform

Using the XM trading platforms, traders can trade on these financial assets:

Which XM Trading Platform Can You Trade on Stocks?

Since XM have the XM MT4 Trading Platform and the XM MT5 Trading Platform, it is important to know that you can only trade on individual stocks on the XM MT5 Trading Platform. Aside from stocks, you can also trade on cryptocurrencies, equity indices, energies and precious metals using this platform.

The XM MT4 Trading Platform meanwhile, is only for retail forex trading. Use this if you are only looking to trade forex.

Both XM MetaTrader 4 and XM MetaTrader 5 Trading platforms are available in Android and iOS devices.

How to Deposit Funds to Your XM Stock Trading Account?

Follow these simple steps to deposit funds to your XM account and start trading:

  1. Head to XM Members Area and Login.
  2. Select and Click "Deposit Funds".
  3. Choose your preferred payment method.
  4. Follow the instructions on how you can proceed with the deposit.

Remember: Accepted methods for depositing money to your XM trading account are: Credit and Debit cards, Online Bank Transfer, Skrill, Neteller, SticPay, Perfect Money and WebMoney.

XM MetaTrader 5 or MT5 Stocks Trading Platform Tools

Trading stocks and other financial instruments using the MT5 platform will provide you with these features and tools to enhance your trading advantage:

Other benefits include:

XM Stocks Fees

XM imposes fees for every US Shares traded with $0.04 commission per stock/share or a minimum of $1 commission every transaction. For UK-based shares, the fee is 0.10% commission per each transaction or a minimum of $9 every transaction.

XM Stocks Trading support

XM offers their users with a choice of how to contact customer service. These are through:

  1. Live support or chat
  2. Email support
  3. Phone support

Links to the live support, email and phone numbers can be found in the Contact Us section of XM's website.

Ready to trade stocks with XM? The next step is to open an account so you can start investing!
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Check XM’s website at www.xm.com for the percentage (%) of retail investor accounts losing money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.