What account types does XM offer?

XM offers five account types: (1) Micro — $5 minimum, micro lots (0.001 standard lot), spreads from 1.0 pip, no commission. Best for beginners. (2) Standard — $5 minimum, standard lots (0.01 min), spreads from 1.0 pip, no commission. Best for regular retail traders. (3) Ultra Low — $50 minimum, spreads from 0.6 pip average 0.82 pip (EUR/USD live-tested), no commission. Best for active traders. (4) Zero — $100 minimum, 0.0 pip raw spread, $3.50 commission per lot per side. Best for scalpers and EA traders. Currently restricted to CySEC (EU) entity clients. (5) Shares — $10,000 minimum, real shares (not CFDs), no leverage, per-trade commission.

Which XM account type is best for beginners?

The XM Micro account is best for beginners. It requires only a $5 minimum deposit, uses micro lots (each pip worth ~$0.10 instead of $10), and has no commission. The small position sizing means a single losing trade has minimal impact on your account, making it ideal for learning risk management with real money. The Standard account is similar but uses standard lots — higher risk per pip for the same $5 minimum.

What is the difference between XM Micro and Standard account?

The main difference is lot size: Micro account uses micro lots where 1 pip on EUR/USD = approximately $0.10. Standard account uses standard lots where 1 pip on EUR/USD = $10. Both have the same $5 minimum deposit, same spreads (from 1.0 pip), and no commission. The Micro account is much safer for beginners because the dollar value per pip is 100× smaller than Standard.

What is the minimum deposit for each XM account type?

XM minimum deposits by account: Micro = $5, Standard = $5, Ultra Low = $50, Zero = $100, Shares = $10,000. In local currencies (approximate): $5 = ₦7,500 (Nigeria), ₱280 (Philippines), KES 650 (Kenya), ₨1,400 (Pakistan), ৳550 (Bangladesh), Rp 82,500 (Indonesia).

Is XM Zero account available globally?

As of 2026, the XM Zero account is primarily available to clients under the CySEC (EU) regulatory entity. Clients under the IFSC (Belize/global) entity — which covers most traders from Asia, Africa, and non-EU countries — may not have access to the Zero account. Always check account availability during registration or in Members Area for your specific region. If Zero is unavailable, the Ultra Low account ($50 minimum, ~0.82 pip average) is the next tightest-spread option.

Can I open multiple XM account types?

Yes. XM allows clients to hold multiple live accounts simultaneously under one Members Area login. You can open a Micro account for learning and an Ultra Low account for live trading, or a Standard account for swing trading and a Zero account for scalping. Open additional accounts from Members Area → Account Management → Open Additional Account.

XM Account Types 2026 — Micro, Standard, Ultra Low, Zero & Shares: Which One is Right for You?

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exem-register.com Editorial Team Updated May 2026 · Live account spread data (90-day test) · 12 min read

01 — Quick ComparisonAll XM Account Types at a Glance — 2026

Account	Min. Deposit	Lot Size	EUR/USD Spread	Commission	Best For
🔵 Micro	$5	Micro (0.001)	~1.0–1.7 pip	None	Beginners — smallest possible risk per pip
🔷 Standard	$5	Standard (0.01)	~1.0–1.7 pip	None	Retail traders — standard lot sizing
🟢 Ultra Low	$50	Standard (0.01)	~0.82 pip avg*	None	Active traders — lowest spread without commission
⚫ Zero	$100	Standard (0.01)	0.0 pip	$3.50/lot/side	Scalpers, EA traders — raw spread (EU entity)
🟡 Shares	$10,000	Per share	Market spread	Per trade/share	Stock investors — real shares, not CFDs

*EUR/USD average spread from 90-day live account testing (Ultra Low, London/NY sessions). Live spreads vary. ⬆️ Highlighted row = recommended for most active traders.

02 — Account DetailsEach XM Account Type — Full Specifications

XM Micro Account

Best for: Complete beginners · Real money, minimal risk

Beginner

Min. Deposit

~₱280 · ~₦7,500 · ~KES 650

Lot Size

Micro lots

1 lot = 1,000 units (not 100,000)

Pip Value (EUR/USD)

~$0.10

vs $10 on Standard

EUR/USD Spread

~1.0–1.7 pip

Floating, session-dependent

Commission

None

Spread-only pricing

Max Leverage

1:1000

Global entity (non-EU)

The Micro account's defining feature is its lot size — 1 micro lot equals 1,000 currency units, so 1 pip on EUR/USD is worth approximately $0.10 instead of $10. This means you can trade with very small position sizes, making it possible to practice risk management with real money at virtually no financial risk. A full 1-pip move on a 1-lot EUR/USD Micro trade affects your account by just $0.10.

✅ Open Micro if: You are completely new to forex trading, want to trade with real money before risking larger amounts, or want to test a new strategy on a live account with minimal capital at risk.

XM Standard Account

Best for: Retail traders · Balanced conditions · Same spread as Micro

Retail

Min. Deposit

Same as Micro

Lot Size

Standard lots

1 lot = 100,000 units

Pip Value (EUR/USD)

~$10

100× larger than Micro

EUR/USD Spread

~1.0–1.7 pip

Same as Micro

Commission

None

Spread-only pricing

Max Leverage

1:1000

Global entity (non-EU)

Standard account uses the same spread pricing as Micro but with full-size lots. The key difference: 1 pip on EUR/USD is worth ~$10 on a 1-lot Standard trade. This means position sizing matters significantly — a $500 account trading 1 Standard lot on EUR/USD has 100× more exposure than a $500 account trading 1 Micro lot. Most experienced retail traders use 0.01–0.1 lot sizes on Standard accounts to manage risk appropriately.

✅ Open Standard if: You understand lot sizing and risk management, trade with 0.01–0.1 lot positions, and want standard-sized positions without paying commission.

XM Ultra Low Account

Best for: Active traders · Lowest cost without commission · Most popular

⭐ Recommended

Min. Deposit

$50

~₱2,800 · ~₦75,000 · ~KES 6,500

Lot Size

Standard lots

0.01 min (micro lot equivalent)

EUR/USD Spread

0.82 pip avg*

From 0.6 pip · live-tested 90 days

Commission

None

Tighter spread, no commission

Gold Spread

0.38 pip avg*

XAU/USD · live-tested

Max Leverage

1:1000

Global entity (non-EU)

Ultra Low is XM's sweet spot for active traders: tighter spreads than Standard/Micro without any commission. At 0.82 pip average EUR/USD (live-tested over 90 days), it saves approximately $8.20 per standard lot versus XM Standard (~1.67 pip). For a trader executing 10 lots per day, that's $82/day or ~$1,800/month in savings. The $50 minimum is accessible for most traders, and all strategies (scalping, hedging, EA) are fully permitted.

✅ Open Ultra Low if: You trade actively, want the lowest possible cost without commission complexity, or trade gold (XAU/USD) where the 0.38 pip average spread is exceptionally competitive.

XM Zero Account

Best for: Scalpers · EA traders · Raw spread (EU/CySEC entity)

Raw Spread

Min. Deposit

$100

~₱5,600 · ~₦150,000

EUR/USD Spread

0.0 pip

Raw interbank spread

Commission

$3.50/lot/side

= $7.00 round turn

Instruments

56 pairs

Forex + gold + silver

Entity Availability

CySEC (EU)

⚠️ May not be available globally

Max Leverage

1:30 (EU)

ESMA leverage cap applies

Zero delivers raw 0.0 pip spreads with a flat $3.50/lot/side commission. Total cost per round trip: $7.00 per standard lot — cheaper than Ultra Low (~$8.20) at equivalent sizes. Important limitation: as of 2026, Zero is primarily available to EU clients under the CySEC entity. Non-EU traders (Asia, Africa, most global traders) are typically served by the IFSC entity and may not have access to Zero. Always check availability during registration for your specific region.

✅ Open Zero if: You are an EU-entity client who scalps, runs EAs, or needs the absolute tightest spread for high-frequency strategies. Not available to most non-EU traders. See our XM Zero Account full guide.

XM Shares Account

Best for: Stock investors · Real ownership · No leverage · Long-term holds

Real Shares

Min. Deposit

$10,000

High barrier — for committed investors

Product Type

Real shares

Not CFDs — actual ownership

Leverage

None

No margin trading available

Overnight Swap

None

No swap charges on shares

Commission

Per trade

Varies by market (US, UK, DE)

Hedging

Not allowed

Long-only equity investment

The Shares account is fundamentally different from all other XM accounts. You buy actual company shares with real ownership — not CFDs. No leverage, no overnight swap fees, but also no ability to short or hedge. Commission is charged per trade and varies by the exchange (US, UK, German stocks have different structures). The $10,000 minimum makes this suited for serious equity investors, not traders.

✅ Open Shares if: You want to invest in real Apple, Tesla, BP, or Volkswagen shares as a long-term investor. If you want leveraged stock exposure, use CFDs via Standard or Ultra Low accounts instead.

03 — Micro vs StandardMicro vs Standard — The One Difference That Matters

Both accounts have identical spreads, no commission, and the same $5 minimum deposit. The single difference — lot size — completely changes the risk per trade.

🔵 Micro Account

$0.10

Value per pip on EUR/USD (1 lot)
100× smaller risk per pip than Standard
Ideal for learning real-money trading

🔷 Standard Account

$10.00

Value per pip on EUR/USD (1 lot)
A 100-pip move = $1,000 P&L
Requires proper position sizing

Practical advice: Many experienced traders open a Micro account to test a new strategy with real money before scaling up to Standard. A strategy tested on 10 Micro lots (~$1 per pip) can be scaled to 1 Standard lot ($10 per pip) with confidence. The emotional experience of trading with real money matters — demo accounts don't replicate it.

04 — True Cost Per TradeTotal Cost Per Lot — All Account Types Compared

The real cost of a trade includes both spread and commission. Here is the total round-trip cost at common lot sizes for EUR/USD.

Lot Size	Micro/Standard cost	Ultra Low cost	Zero cost	Cheapest option
0.01 lot	~$0.17	~$0.08	$0.07	Zero (marginally)
0.1 lot	~$1.67	~$0.82	$0.70	Zero (slightly)
0.5 lot	~$8.35	~$4.10	$3.50	Zero
1.0 lot	~$16.70	~$8.20	$7.00	Zero (saves $1.20 vs Ultra Low)
5.0 lots	~$83.50	~$41.00	$35.00	Zero (saves $6 vs Ultra Low)
10 lots	~$167	~$82	$70	Zero (saves $12 vs Ultra Low)

Standard/Micro based on ~1.67 pip avg. Ultra Low based on ~0.82 pip avg (live-tested). Zero based on 0.0 pip + $3.50/lot/side commission. *Zero availability may be restricted to EU entity clients.

05 — Decision GuideWhich XM Account Type Is Right for You?

🎓

Complete beginner, first real-money account → Micro

$5 minimum, micro lot sizing keeps pip value at $0.10, no commission. You can trade with real market conditions while keeping losses tiny. The learning experience of real-money trading is more valuable than 6 months of demo trading.

📈

Regular retail trader, 0.01–0.1 lot positions → Standard

$5 minimum, standard lots, no commission. If you already understand lot sizing and position risk, Standard gives you full standard-sized market exposure at the same $5 entry as Micro.

⚡

Active day trader or swing trader → Ultra Low

$50 minimum, ~0.82 pip EUR/USD average (live-tested), no commission. The most cost-effective account for non-EU traders who trade regularly. Recommended for most active traders outside the EU.

🤖

Scalper or EA/robot trader (EU clients) → Zero

$100 minimum, 0.0 pip raw spread, $3.50/lot commission. Best for EU-entity clients who need raw interbank pricing for scalping or algorithmic trading. Note: currently restricted to CySEC entity — non-EU traders should use Ultra Low.

🏦

Long-term equity investor → Shares

$10,000 minimum, real shares with actual ownership. For investors who want to hold Apple, Tesla, BP, or DAX companies as a traditional investment — not leveraged CFD trading.

🕌

Muslim trader who needs swap-free → Any account + Islamic upgrade

XM offers Islamic (swap-free) status on all account types — Micro, Standard, Ultra Low, and Zero. Open any account, complete KYC, then request Islamic account status via Members Area. No extra charge from XM. See our XM Islamic account guide.

06 — Local CurrencyXM Minimum Deposits in Local Currencies — 2026

Account	USD	🇮🇩 IDR (Rp)	🇳🇬 NGN (₦)	🇵🇭 PHP (₱)	🇰🇪 KES
Micro / Standard	$5	Rp 82,500	₦7,500	₱280	KES 650
Ultra Low	$50	Rp 825,000	₦75,000	₱2,800	KES 6,500
Zero	$100	Rp 1,650,000	₦150,000	₱5,600	KES 13,000
Shares	$10,000	Rp 165,000,000	₦15,000,000	₱560,000	KES 1,300,000

Approximate conversions at IDR 16,500, NGN 1,500, PHP 56, KES 130 per USD. Exchange rates vary daily — always verify current rate when depositing.

07 — FAQFrequently Asked Questions — XM Account Types

XM offers 5 account types: Micro ($5 min, micro lots, no commission), Standard ($5 min, standard lots, no commission), Ultra Low ($50 min, ~0.82 pip avg, no commission), Zero ($100 min, 0.0 pip + $3.50/lot commission — primarily EU entity), and Shares ($10,000 min, real shares, no leverage). All CFD accounts include negative balance protection and access to MT4/MT5.

XM Micro account is best for beginners. $5 minimum, micro lots where 1 pip = ~$0.10 (not $10 as in Standard), and no commission. The tiny pip value means real-money learning with virtually no financial risk. Once comfortable, graduate to Standard or Ultra Low.

Only one difference: lot size. Micro uses micro lots (1 pip = $0.10 per lot). Standard uses standard lots (1 pip = $10 per lot). Same spreads, same minimum deposit ($5), same commission structure (none). For beginners: Micro. For traders who understand position sizing: Standard or Ultra Low.

As of 2026, Zero is primarily available to EU clients under the CySEC entity. Non-EU traders (Asia, Africa, most global markets) are served by the IFSC global entity and may not have Zero access. Check during registration for your specific region. If unavailable, Ultra Low ($50, ~0.82 pip avg) is the recommended alternative. See our full XM Zero account guide.

Yes. XM allows multiple live accounts under one Members Area login. Common combinations: Micro (for testing) + Ultra Low (for live trading). Standard (swing trading) + Zero (scalping, EU clients). Open additional accounts from Members Area → Account Management → Open Additional Account. No new KYC required.

No. Account type is permanent once created. However, you can open a second account of a different type from Members Area. This is the standard approach — traders often run multiple account types simultaneously rather than trying to change an existing one.

Open Your XM Account — All Types Available

Choose your account type during registration · $5 minimum (Micro/Standard) · Partner code 6JBMJ

Open XM Account ↗

Disclaimer: Spread averages from 90-day live account testing. Live spreads vary by session and market conditions. Zero account availability may vary by entity/region — verify in Members Area. This page contains affiliate links.