3 minute read
XM Account Types Explained: Which One Is Right for You?
XM is a globally recognized forex and CFD broker that offers multiple account types to suit all kinds of traders — from beginners to advanced professionals. But with several options available, choosing the right one can be confusing.
In this guide, we’ll break down all XM account types in simple terms so you can decide which one fits your trading style best.
👉 Open your XM account here to start trading with the account type that suits you.
1. Micro Account
The Micro Account is ideal for new traders or those who want to trade with smaller volumes and reduced risk.
Lot size: 1 micro lot = 1,000 units
Minimum deposit: $5
Spreads: From 1.0 pip
Commission: None
Platforms: MT4 and MT5
Base currencies supported: USD, EUR, ZAR, more
✅ Best for: Beginners and those testing trading strategies with minimal capital.
2. Standard Account
The Standard Account is a step up from the Micro Account, suitable for regular traders who want standard lot sizing without commissions.
Lot size: 1 standard lot = 100,000 units
Minimum deposit: $5
Spreads: From 1.0 pip
Commission: None
Flexible leverage: Up to 1:1000
Available on MT4 & MT5
✅ Best for: Intermediate traders who want straightforward trading with no commissions.
👉 Learn more about the Standard Account on the XM website.
3. Ultra Low Account
The Ultra Low Account offers significantly lower spreads than Micro or Standard accounts — ideal for cost-sensitive traders.
Spreads: From 0.6 pips
Commission: None
Lot types available: Standard and Micro
Minimum deposit: $5
No access to all base currencies (e.g., ZAR not supported)
✅ Best for: Traders who want tighter spreads without commission charges.
👉 Start trading with the Ultra Low Account here.
4. XM Zero Account
The XM Zero Account is designed for advanced or high-frequency traders looking for raw spreads and institutional pricing.
Spreads: From 0.0 pips
Commission: $3.5 per side ($7 round turn) per standard lot
Minimum deposit: $100
Limited base currencies (USD, JPY only)
Lot size: Standard lots only
Not available on all platforms or regions
✅ Best for: Experienced traders, scalpers, and algorithmic traders who want ultra-tight spreads and can manage commissions.
Which XM Account Should You Choose?
Here’s a quick guide based on your trading profile:
🟢 New trader? Go with Micro for small risks.
🟢 Simple trading, no commission? Choose Standard.
🟢 Lower spreads without commission? Try Ultra Low.
🟢 Scalper or EA trader? Opt for Zero Account.
👉 Still unsure? You can open multiple account types under one profile. Register with XM here and test what works best for you.
Final Thoughts
XM gives you the flexibility to choose an account that aligns with your trading strategy, risk appetite, and budget. Whether you’re a beginner or a pro, there’s an option tailored for you.
✅ All XM accounts offer:
Negative balance protection
Swap-free (Islamic) option
Fast execution with no re-quotes
Access to over 1,000 instruments
Support for MT4 and MT5 platforms
👉 Open your XM account now and experience reliable, commission-free trading or ultra-tight spreads — your choice.
See more:
Forex micro account vs standard account
XM Ultra low account vs standard
