How to delete XM account
The XM trading platform was founded in 2009, for trading in binary options, stocks and forex exchange (forex). It is one of the largest trading platforms with more than two million users monthly. Since forex trading is advertised extensively, many people have opened an XM account hoping to make money trading. Yet after a few weeks, months, or years, many people realize that they are not interested in forex trading because they are making losses, it is very time consuming or they are making more money using other methods. So they want to find out how they can XM delete accounts so that they do not bother about hacking or other problems.
Closing MT4, MT5 account
If a trader wishes to close the MT4, MT5 trading account, they should ensure that there are no pending withdrawals, no available balance, and no pending trades. The account can be only closed 24 hours after all open trades are closed. Only a verified account can be closed. To close the trading account, the trader will first have to log in to his account. In the account menu, there is an XM delete account option. If this closing option is selected, the account will usually close after 24 hours. However, if trades are opened or money deposited in the account during this 24 hour period, the closure process will be stopped, and the account will be reactivated. The account can also be reactivated from the member’s area.
One of the reasons why people want to delete their XM account is because they are receiving emails regularly which they find irritating. Owning the XM account takes some time so if the trader wishes to close it, he will not be able to use the XM platform again, without wasting his time. So if they only are finding the emails inconvenient, they can mark them as spam, so that the emails are delivered in the spam folder. Alternately there is an unsubscribe option in the emails, and the trader can opt-out of receiving emails in the future.
Sending email for account closure
To close the XM account completely, the user has to contact XM customer support. The customer support email for XM is firstname.lastname@example.org. The email should be sent from the email id used for opening the XM account. To prevent confusion, the email should have the title ‘Request for deletion of my XM account’. The trader should honestly specify the reason why they want the XM account closed since XM will appreciate the feedback. He should provide the other account details in the email for account closure. He will usually get a confirmation email that the account closure request is being processed.