You can start trading without any documents though, you need to validate your account to withdraw funds.

To have your live/real account validated with XM, you need to provide two type of documents.

Identification Document

  • Passport
  • Driver’s license
  • Identity card
  • or other official identification document issued by authorities

The document needs to include full name, an issue or expiry date, address, date of birth, tax identification number and signature.

Login to XM’s Members Area

Proof of Address

  1. Utility bill
  2. Bank account statement

The document needs to be dated within the last 6 months and confirming the registered address.

*Hand written address in a Passport is not acceptable.

You can provide these documents via email or the Client Portal.

For more information regarding to the verification, please contact XM support team.

Visit XM Official Website

How to submit the required documents to XM?

To submit the documents to XM, there are mainly 2 ways provided by XM.

The main way of submitting documents is using XM’s members area.

XM’s members area is a client portal for traders of XM. In the members area, you can manage accounts, funds, documents and personal information.

Login to XM’s members area from XM Official Website, then go to the “Upload Documents” section.

XM upload documents

In the next page, you will see the details of the required documents and the specifications.

Uploading documents through the members are of XM is a secure and fast way to send them to XM’s compliance team.

Otherwise you can send the documents to XM’s compliance teams by attaching them to an email.

In this case, please consult with your account manager how and which email address you will send the documents to.

Go to XM Official Website

Why you need to submit the required documents?

XM is a brand used by international companies and they are all regulated and licensed by certain financial authorities.

To fit in the regulatory frameworks and follow directives, XM must process KYC (Know Your Customer) procedure.

KYC can be completed by the client after providing all the necessarily information and documents to XM.

The account verification with documents is required in order to receive XM’s bonuses, withdraw funds and profits from trading accounts and to expand all the available options in XM’s members area.

If you cannot complete the account verification by submitting the documents, some of the features with XM may be restricted.

It is also the reason why you must fill in the account opening form with the correct and the latest information.

Open XM Real or Demo Account

Additional documents required by XM

XM mainly requires the above mentioned 2 types of documents which are “ID” (Identification Document) and “POA” (Proof of Address).

But in some special cases, XM may request for additional documents.

The additional documents may be copies of your credit/debit cards and bank account statement.

In case of a corporate account, there are several more documents which must be provided to XM.

For more information, please contact XM support team from XM Official Website.

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