XM Account Types 2026: Which Is Best for You?
XM offers five main account types — Micro, Standard, KIWAMI Extreme, Ultra Low, and Zero — plus a Shares account. Each differs in lot size, spread, commission, and minimum deposit. This guide helps you pick the right one for your trading style and budget.
Side-by-Side Comparison
| Feature | Micro | Standard | KIWAMI Extreme | Ultra Low | Zero |
|---|---|---|---|---|---|
| Minimum deposit | $5 | $5 | $5 | $5 | $5 |
| Lot size | 1 lot = 1,000 units | 1 lot = 100,000 units | 1 lot = 100,000 units | 1 lot = 100,000 units (Std) / 1,000 (Micro) | 1 lot = 100,000 units |
| Pip value (1 lot EUR/USD) | ~$0.10 | ~$10 | ~$10 | ~$10 / ~$0.10 | ~$10 |
| Spreads from | 1.0 pip | 1.0 pip | 0.6 pip | 0.6 pip | 0.0 pip |
| Commission | None | None | None | None | $3.50/lot/side |
| Max leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 | 1:500 |
| Swap-free option | Yes | Yes | Yes (default on major FX & gold) | Yes | Yes |
| $30 bonus eligible | Yes | Yes | Opening bonus only | Varies | No |
| Best for | Beginners, small budgets | Intermediate traders | Swing traders, cost-focused | Cost-conscious traders | Scalpers, pros |
Leverage limits vary by regulatory entity. EU-regulated clients (CySEC) are limited to 1:30 under ESMA rules. Non-EU clients may access up to 1:1000.
Micro Account — Best for Beginners
The Micro account uses micro lots (1,000 units), meaning each pip move on EUR/USD is worth approximately $0.10 instead of $10. This dramatically reduces the dollar risk per trade, making it ideal for:
- First-time traders learning position sizing
- Traders with a small starting budget ($5–$100)
- Testing strategies on a live account with minimal risk
Spreads start from 1.0 pip with no commission. The $30 no-deposit bonus is available on this account type.
Standard Account — The All-Rounder
The Standard account uses full-size lots (100,000 units). Same spreads as Micro (from 1.0 pip), no commission, $5 minimum deposit. The key difference is that each pip is worth $10 on a standard lot of EUR/USD — so position sizing becomes more important.
Best for intermediate traders who understand lot sizes and risk management, and want access to a wider range of instruments.
KIWAMI Extreme Account — Low Spreads, No Swap, No Commission
The KIWAMI Extreme is XM's newest account type, designed for traders who want tight spreads and swap-free trading by default. Spreads start from 0.6 pips with no commission, and major forex pairs plus gold are automatically swap-free — meaning no overnight interest charges on these instruments.
$5 minimum deposit, 1:1000 leverage, 1 lot = 100,000 units. Best for:
- Swing traders who hold positions overnight and want to avoid swap costs
- Cost-conscious traders who want tighter spreads without commissions
- Traders who prefer a built-in swap-free setup without needing to request Islamic status
Ultra Low Account — Tighter Spreads, No Commission
The Ultra Low accounts (available in both Micro and Standard lot sizes) offer spreads starting from 0.6 pips — tighter than the standard 1.0 pip — with no commission. The $5 minimum deposit remains.
Best for traders who are cost-sensitive and want better spread pricing without paying per-trade commissions. A good middle ground between Micro/Standard and Zero.
Zero Account — For Scalpers and Active Traders
The Zero account offers spreads from 0.0 pips on the most popular instruments, but charges a $3.50 commission per lot per side (i.e., $7 round-trip). This is cost-effective for larger volume traders but may be more expensive for small or infrequent trades.
Requires a $5 minimum deposit. Not eligible for the $30 welcome bonus. Best for:
- Scalpers who need near-zero spreads
- Algorithmic traders (EAs) placing many trades per day
- Experienced traders comfortable calculating commission into their strategy
Which Account Should You Open?
| Your situation | Recommended account |
|---|---|
| First time trading, small budget | Micro |
| Want the $30 no-deposit bonus | Micro or Standard |
| Swing trader, want no swap fees | KIWAMI Extreme |
| Active trader, want lower spreads | Ultra Low or KIWAMI Extreme |
| Scalper or EA trader | Zero |
| Need swap-free (Islamic) account | Any (request conversion after opening) |
| Just want to practise first | Demo account (free) |
Frequently Asked Questions
Which XM account type is best for beginners?
The Micro or Standard account is best for beginners — both require just a $5 minimum deposit. The Micro account uses smaller contract sizes (1 lot = 1,000 units) which limits risk on each trade.
What is the XM Zero account?
The XM Zero account offers spreads starting from 0.0 pips with a commission of $3.50 per lot per side. It requires a $5 minimum deposit and is suited to scalpers and high-frequency traders who need the tightest possible spreads.
What is the difference between XM Micro and Standard accounts?
The main difference is contract size. The Micro account has a lot size of 1,000 units (vs 100,000 for Standard), which means each pip is worth about $0.10 instead of 0. Both have the same spreads, commissions (none), and minimum deposit ($5).
Open Your XM Account — Choose Your Type
$5 minimum for all account types · MT4 & MT5 · $30 bonus available on Micro & Standard
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