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Summary of XM's two-sided trading and ordering methods.

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In this article.XMThis section explains how to order and how to do both sides of a

XMwellCompletely free demo account versionis available, so you can try it out risk-free.

Also, XM is giving away a $30 trading bonus to anyone who opens a new account!For more information, visit the official website atPlease check from the following links.

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Click here for the official XM website.
*Now we're giving away a $30 bonus!

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How to order and how to open both sides of a XM

Double-click the MT5 icon to start it.

Double-click the MT5 icon in the programme list to start it.

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.

Display the chart from [Quote display].

From the [Quotes view] on the left-hand side of MT5, right-click on a currency pair and select[Select 'Chart view'.

Enter via [New order].

Once the chart is displayed, click New Order at the top of MT5.

A screen similar to the one pictured above will open, where you can click on [Market Buy] to enter.

Entering the opposite position

Then enter opposite position].

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

Now you can use this to.Both sides are complete.

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Click here for the official XM website.
*Now we're giving away a $30 bonus!

Both sides banned under XM [accounts frozen if discovered].

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.

Specifically, the following three types of bilateralisation are prohibited

  • Both sides between multiple accounts at XM.
  • Bilateral between XM and another company's account.
  • Open multiple accounts in a group to make both sides of the equation.

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.

  • Account A holds a buy USD/JPY position.
  • Account B holds a sell position in USD/JPY.

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.

  • I hold a buy position in the dollar.
  • Friends hold a sell position in the dollar

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

↓arrow (mark or symbol)

Click here for the official XM website.
*Now we're giving away a $30 bonus!

summary

This article explains how to order XM and how to do it in both directions.

XMwellCompletely free demo account versionis available, so you can try it out risk-free.

Also, XM is giving away a $30 trading bonus to anyone who opens a new account!For more information, visit the official website atPlease check from the following links.

↓arrow (mark or symbol)

Click here for the official XM website.
*Now we're giving away a $30 bonus!

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