Summary of how to unbundle both sides on XM.

In this article.XMThis section explains how to release both sides of the house at the same time.

How to release both sides of the house at XM.

Double-click on the MT5 and MT4 icons to start them.

Double-click the MT5 and MT4 icons in the programme list to start them.

Click [File] on the menu bar and then [Login to trading account].

A screen similar to the image above will appear, click [File] on the menu bar and then [Login to trading account].

Enter your login ID and password to log in.

[login ID] [password] [server].respectively, and click [ok].

The login ID is the account number issued when you open an account with XM and the password is the one you set when you opened your account.

The servers are listed in the login information sent to you by email after opening your account.

[Trading] shows both sell and buy positions.

If you look at [Terminal] ➝ [Trading] at the bottom of MT5, you will see both sell and buy positions.

Click [Change or cancel order].

Press right-click on the position you want to release both positions.

Click [Change or cancel order] in the menu that opens, as shown in the picture above.

Click on [Cancel both].

[Click on the tab 'Order type' and select 'Cancel both :Specify currency pair].

If you have both positions in multiple currency pairs, you can select [Specify currency pair] to release both positions for each currency pair.

Click [Multiple payments].

Click [Multiple Settlements] to cancel both positions.

This completes the release of both houses at XM.

Both sides prohibited under XM

XM also says that it is forbidden to open both accounts with other brokerage firms...
I guess when they know, they know 😓.
Take care of each other.

- R (@okanekannkei) February 11, 2022

At XM Trading, there are two-sided trades that are prohibited by the Terms and Conditions. If XM finds out, you may be denied withdrawal of your profits or your account may be frozen.

This is explained in turn.

Both sides between multiple accounts at XM.

XM allows a maximum of eight accounts per account, but bilateral trading using multiple accounts is prohibited.

For example, suppose you open two accounts, Account A and Account B, with XM.

As stated above, it is a breach of the Code to use more than one account to make both sides of a transaction.

If you're operating multiple accounts, be aware that you often do this double-entry!

Double-digit (hedging) trading using another company's account.

It is also forbidden to open both sides of a trade with foreign FX firms other than XM (GEMFOERX, TitanFX, TradeView).

The reason is the same as [double trading between multiple accounts], because the zero-cut system means that one account can only lose up to the amount of the deposit and the other account will always make a profit.

Many people open multiple accounts to make the most of bonuses and hedge risk, but care should be taken when operating in more than one account.

Open multiple accounts in a group to make both sides of the equation.

It is prohibited to form a group with a third party other than yourself, open multiple accounts and open both accounts.

For example, you and a friend have opened multiple accounts by talking to each other.

The above double-crossing constitutes double-crossing in a group and is a breach of the Terms of Use.

summary

This article explains how to release both sides of the house at XM.