XM offers Four major accounts: the Standard Account , Micro account, Ultra Low Standard and Shares Account. The raw spread account can be of two types: Raw Spread metatrader, and Raw Spread Ctrader account. The Standard account is spread-based, while the Raw Spread account is commission-based. Additionally, based on client type (Client profile), XM offers a good number of account types:
Below is the full list of account types offered by XM:
- XM Standard account
- XM Micro Account
- XM Ultra Low Standard Account
- XM Shares Account
- XM Islamic account
- XM Professional account
XM Standard Account: Best for Beginners
XM Standard Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.
Key Features of XM Standard Account:
- Applicable For: Applicable for all jurisdictions including ASIC, CySEC, DFSA, FSCA, FSC in Belize
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: Forex , Commodities, Stock ,Indices , Crypto , Turbo Stocks, Equity indices , Precious Metals , Energies
- Trading Platforms: MT4, MT5
- Minimum Deposit: 5$
- Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 1 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 300 Lots
- Funding Currencies: USD, EUR, GBP, JPY, CHF,‎AUD, HUF, PLN, SGD, ZAR
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 0%
- Margin Call Level: 60%
- Negative balance Protection: Yes
- Investor Protection: Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
XM Micro Account: Best for Beginners
Key Features of XM Micro Account:
- Applicable For: Applicable for all jurisdictions including ASIC, CySEC, DFSA, FSCA, FSC in Belize
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: Forex, Commodities, Stock, Indices , Crypto, Turbo Stocks, Equity indices, Precious Metals, Energies
- Trading Platforms: MT4, MT5
- Minimum Deposit: 5$
- Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 1 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 300 Lots
- Funding Currencies: USD, EUR, GBP, JPY, CHF,‎AUD, HUF, PLN, SGD, ZAR
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 0%
- Margin Call Level: 60%
- Negative balance Protection: Yes
- Investor Protection: Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
XM Ultra Low Standard Account: Best for Beginners
Key Features of XM Ultra Low Standard Account:
- Applicable For: Applicable for all jurisdictions including ASIC, CySEC, DFSA, FSCA, FSC in Belize
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: Forex, Commodities, Stock, Indices, Crypto, Turbo Stocks, Equity indices, Precious Metals, Energies
- Trading Platforms: MT4, MT5
- Minimum Deposit: 5$
- Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.6 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 300 Lots
- Funding Currencies: EUR, USD, GBP, AUD, ZAR, SGD
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 0%
- Margin Call Level: 60%
- Negative balance Protection: Yes
- Investor Protection: Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
XM XM Shares Account Account: Best for Beginners
Key Features of XM XM Shares Account Account:
- Applicable For: Applicable for all jurisdictions including ASIC, CySEC, DFSA, FSCA, FSC in Belize
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: Forex , Commodities, Stock ,Indices , Crypto , Turbo Stocks, Equity indices , Precious Metals , Energies
- Trading Platforms: MT4, MT5
- Minimum Deposit: 10,000$
- Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.6 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 50 Lots
- Funding Currencies: USD
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 0%
- Margin Call Level: 60%
- Negative balance Protection: Yes
- Investor Protection: Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
