Is the XM Ultra Low account worth the higher minimum deposit?

Yes, for active traders the XM Ultra Low account is worth the $50 minimum deposit. The Ultra Low account offers EUR/USD spreads from 0.6 pip (vs approximately 1.0-1.6 pip on Standard) with no commission. Over many trades, this spread advantage significantly reduces trading costs. Our editorial team tested the Ultra Low account and confirmed spreads of 0.6 pip on EUR/USD and gold from $0.25 during London session peak liquidity — as advertised.

What is the XM Zero account and who should use it?

The XM Zero account offers spreads from 0.0 pip on the top 30 instruments, charged instead via commission of $3.50 per lot per side ($7 round turn). It is best suited for high-frequency scalpers or algorithmic traders who execute 20+ trades per day at high volume, where raw spread access provides a meaningful cost advantage. For traders doing fewer than 10-15 trades daily, the Ultra Low account (no commission, 0.6 pip spread) typically works out cheaper on a total-cost basis.

Does XM charge commission on Micro and Standard accounts?

No. XM Micro and Standard accounts are commission-free — the only trading cost is the spread. The Ultra Low account is also commission-free. Only the Zero account charges commission ($3.50 per lot per side). This makes XM's Micro, Standard, and Ultra Low accounts genuinely commission-free with all costs embedded in the spread.

Is the XM Islamic swap-free account available on all account types?

The XM Islamic account (swap-free) is available on Micro, Standard, and Ultra Low accounts. It is not available on the Zero account. The Islamic account removes overnight swap charges, replacing them with administration fees on some instruments after an initial swap-free period. Request conversion via XM live chat after registration — free of charge, processed within one business day.

XM Account Types — Micro vs Standard vs Ultra Low vs Zero 2026

Account Types Compared — Updated May 2026

XM Account TypesMicro vs Standard vs Ultra Low vs Zero — Which Is Right for You?

Q: What are the XM account types available in 2026?

XM offers four main account types in 2026: Micro Account ($5 minimum, 1,000-unit lot sizing, commission-free, best for beginners), Standard Account ($5 minimum, 100,000-unit lots, commission-free, bonus eligible), Ultra Low Account ($50 minimum, spreads from 0.6 pip EUR/USD, no commission, best value for active traders), and Zero Account ($100 minimum, spreads from 0.0 pip, $3.50/lot/side commission, best for professional scalpers).

Q: Which XM account type is best for beginners?

The XM Micro account is the best choice for beginners. It has a $5 minimum deposit and uses micro-lot sizing (1,000 units per lot), which means a 10-pip loss on EUR/USD costs approximately $0.10. This minimal financial exposure allows new traders to experience live market conditions without significant risk. The Micro account is also eligible for the XM no deposit bonus and 50% deposit bonus in qualifying regions.

Q: What is the difference between XM Micro and Standard account?

The XM Micro and Standard accounts have the same $5 minimum deposit, same spreads, and same leverage (up to 1:1000). The key difference is lot sizing: Micro account lots are 1,000 units (0.01 micro-lot = 1,000 units), while Standard account lots are 100,000 units (0.01 standard-lot = 1,000 units). This makes the Micro account better for very small positions, while Standard suits traders ready for larger position sizing.

Q: Can I open multiple XM account types at the same time?

Yes. XM allows you to open multiple account types simultaneously under the same Members Area — for example, a Micro account and an Ultra Low account running in parallel. Each account has its own balance, trading history, and MT4/MT5 login credentials, but all are managed from the same dashboard. There is no limit to the number of accounts you can open, though XM requires the same KYC documents for all accounts under one identity.

Q: Which XM account type has the lowest spread on gold XAUUSD?

The XM Zero account has the lowest gold (XAUUSD) spread at from $0.15 per ounce, but charges $3.50/lot/side commission. The XM Ultra Low account offers gold from $0.25 with no commission — making it better value for most gold traders unless you are trading very large position sizes. Standard and Micro accounts average $0.40-$0.60 on XAUUSD.

Four XM account types, one question: which one fits your trading style and budget? This guide compares every meaningful difference — spreads, commissions, lot sizing, leverage, and bonus eligibility — based on hands-on testing across all four accounts.

Micro — From $5 Standard — From $5 Ultra Low — From $50 Zero — From $100

Open XM Account → Try Free Demo First

All account types include MT4 & MT5 · Negative balance protection · No account opening fee

Lowest Min. Deposit$5Micro & Standard

Tightest Spread0.0 pipZero account

Best Value Spread0.6 pipUltra Low, no commission

Max Leverage1:1000All account types

XEM Signup Editorial Team Active XM accounts across Micro, Standard, Ultra Low, and Zero since 2022 — live spread data collected across London, New York, and Asian sessions

Updated May 2026 All 4 Accounts Tested 10 min read

XM Account Types at a Glance — All Four Compared

Every XM account type includes MT4 and MT5 access, leverage up to 1:1000 (global entity), negative balance protection, and 1,400+ instruments. The differences that actually affect your trading costs and experience are minimum deposit, lot sizing, spreads, and commission structure.

Beginners Micro $5

Smallest lot sizing available — perfect for learning live markets with minimal financial exposure. Bonus eligible.

Lot size1,000 units

EUR/USD spread~1.0–1.6 pip

Gold (XAUUSD)~$0.40–0.60

CommissionNone

LeverageUp to 1:1000

PlatformsMT4 / MT5

No dep. bonus✓ Eligible

Islamic account✓ Available

Open Micro Account →

Retail Traders Standard $5

Same spreads as Micro but standard lot sizing. Commission-free. Bonus eligible. Most popular account type globally.

Lot size100,000 units

EUR/USD spread~1.0–1.6 pip

Gold (XAUUSD)~$0.40–0.60

CommissionNone

LeverageUp to 1:1000

PlatformsMT4 / MT5

No dep. bonus✓ Eligible

Islamic account✓ Available

Open Standard Account →

★ Best Value Ultra Low $50

Tightest spreads with no commission — the best cost-per-trade option for active traders who execute multiple positions daily.

Lot size100,000 units

EUR/USD spreadFrom 0.6 pip

Gold (XAUUSD)From $0.25

CommissionNone

LeverageUp to 1:1000

PlatformsMT4 / MT5

No dep. bonus✓ Eligible

Islamic account✓ Available

Open Ultra Low Account →

Professionals Zero $100

Raw interbank-style spreads from 0.0 pip with per-lot commission. For high-frequency scalpers who need absolute minimum spread.

Lot size100,000 units

EUR/USD spreadFrom 0.0 pip

Gold (XAUUSD)From $0.15

Commission$3.50/lot/side

LeverageUp to 1:1000

PlatformsMT4 / MT5

No dep. bonus✗ Not eligible

Islamic account✗ Not available

Open Zero Account →

Editorial team — live spread testing

"We ran simultaneous live accounts across all four account types in Q1 2026. During the London session peak (08:00–10:00 GMT), EUR/USD on the Ultra Low account averaged 0.62 pip — consistent with XM's advertised minimum. The Zero account showed 0.0–0.1 pip on EUR/USD at the same time, but the $7 round-turn commission makes it more expensive than Ultra Low for positions under 2 standard lots. Gold (XAUUSD) on the Ultra Low averaged $0.27 during London, vs $0.16 on Zero (before commission). The Micro and Standard accounts are identical in all respects except lot unit size — the distinction matters only for very small positions."

— XEM Signup Editorial Team, tested Q1 2026

Full XM Account Types Comparison Table 2026

Every specification across all four account types — based on our live account testing and XM's published specifications as of May 2026.

Specification	Micro	Standard	Ultra Low ★	Zero
Minimum Deposit	$5	$5	$50	$100
Lot Size	1,000 units	100,000 units	100,000 units	100,000 units
Min. Trade Size	0.1 lots	0.01 lots	0.01 lots	0.01 lots
EUR/USD Spread	~1.0–1.6 pip	~1.0–1.6 pip	From 0.6 pip	From 0.0 pip
Gold XAUUSD Spread	~$0.40–0.60	~$0.40–0.60	From $0.25	From $0.15
Commission per lot	None	None	None	$3.50/side
Max Leverage	1:1000	1:1000	1:1000	1:1000
Platforms	MT4, MT5	MT4, MT5	MT4, MT5	MT4, MT5
No Deposit Bonus	✓ Eligible	✓ Eligible	✓ Eligible	✗ No
50% Deposit Bonus	✓ Eligible	✓ Eligible	✓ Eligible	✗ No
Islamic (Swap-Free)	✓ Available	✓ Available	✓ Available	✗ No
Negative Balance Protection	✓ Yes	✓ Yes	✓ Yes	✓ Yes
Stop-Out Level	20%	20%	20%	20%
Base Currencies	USD,EUR,GBP,JPY+	USD,EUR,GBP,JPY+	USD,EUR,GBP,AUD+	USD,EUR,GBP,AUD+

★ Best value account. Spreads shown are typical during London session peak hours — they widen during low liquidity periods (Asian session, Fridays close). EU CySEC clients are subject to ESMA leverage limits (1:30 major forex pairs).

XM Account Spread Comparison — EUR/USD Visual

Seeing spread differences as a bar helps understand the relative cost gap between account types. All figures are typical London session averages from our live account testing.

Micro / Standard Account

~1.3 pip avg EUR/USDNo commission

Total cost per standard lot: ~$13. Bonus eligible. Best entry point for beginners.

Ultra Low Account Best Value

~0.7 pip avg EUR/USDNo commission

Total cost per standard lot: ~$7. ~46% cheaper than Standard. Best for day traders doing 1–20 trades/day.

Zero Account

~0.1 pip avg EUR/USD+ $7/lot round-turn commission

Total cost per standard lot: ~$8 ($1 spread + $7 commission). Only cheaper than Ultra Low at very large position sizes. Best for scalpers doing 50+ trades/day.

💡 Zero vs Ultra Low — Which Is Actually Cheaper?

The Zero account's $3.50/side commission means each round trip costs $7 per standard lot regardless of spread. The Ultra Low at ~0.7 pip average costs ~$7 per standard lot in spread alone — so they are approximately equal cost at 1 standard lot. The Zero account only becomes genuinely cheaper above approximately 2+ standard lots per trade. For most retail traders, the Ultra Low account has a lower effective total cost and is also bonus-eligible.

Which XM Account Type Should You Open? — Trader Profile Guide

The right account depends on three factors: your starting capital, how many trades you execute per day, and whether bonus eligibility matters to you. Here is the breakdown by trader profile.

🌱

Complete Beginners and First Live Account

You want to learn live market conditions without putting significant capital at risk. Micro-lot sizing means a 10-pip loss costs ~$0.10 at 0.01 lots. The psychological experience of real money is immediate, but losses remain negligible.

→ Open XM Micro Account ($5)

📊

Retail Forex Traders — $5–$500 Capital

You are comfortable with standard lot sizing and plan to deposit $100–$500. You want bonus eligibility and a commission-free structure for clear cost tracking.

→ Open XM Standard Account ($5)

⚡

Active Day Traders — 5–20 Trades Daily

You trade regularly and spread costs meaningfully affect your overall P&L. The Ultra Low account's 0.6 pip EUR/USD with no commission is approximately 46% cheaper per trade than Standard — a significant compounding advantage over time.

→ Open XM Ultra Low Account ($50)

🤖

Professional Scalpers and HFT — 50+ Trades Daily

You execute high-frequency strategies where even 0.1 pip per trade matters at scale. Raw spread access on the Zero account combined with EA automation on MT4/MT5 provides the most aggressive cost structure XM offers.

→ Open XM Zero Account ($100)

☪️

Muslim Traders Requiring Halal Trading

Swap-free (Islamic) accounts are available on Micro, Standard, and Ultra Low. Request the conversion via XM live chat after opening any of these accounts. No swap charges — same spreads as the standard version of your chosen account.

→ XM Islamic Account Guide

🎁

Traders Who Want the No Deposit Bonus

If the no deposit bonus (~$30 free credit) is available in your country, open a Micro or Standard account first to claim it — you can always upgrade to Ultra Low later from the same Members Area. The Zero account is not bonus eligible.

→ No Deposit Bonus Guide

XM Account Types — Common Questions Answered

Can I switch from one XM account type to another?

You cannot convert an existing XM account from one type to another (e.g. Standard to Ultra Low). However, you can open a new account of any type from your existing Members Area without re-registering — your KYC is already approved and carries over. You can then fund the new account and either keep both or withdraw the old account. See our XM real account guide for the step-by-step account opening process.

What is the difference between XM Micro and Standard lot sizing?

The lot sizing difference is important for position sizing but often misunderstood. On a Micro account, 1 lot = 1,000 units. A 0.01 lot trade controls 10 units of currency. On a Standard account, 1 lot = 100,000 units — so 0.01 lots controls 1,000 units. For most practical purposes, when both accounts use a 0.01 minimum lot size, the Micro account gives you 100x smaller exposure per minimum trade. This makes the Micro account significantly safer for very small account balances.

Do all XM account types have the same leverage?

Yes. All four account types — Micro, Standard, Ultra Low, and Zero — offer leverage up to 1:1000 for clients registered under XM's global entities (IFSC Belize, FSCA South Africa). EU clients under XM's CySEC entity are capped at 1:30 on major forex pairs and 1:20 on gold under ESMA rules. Leverage does not change between account types — it is determined by your entity and the instrument being traded. See our XM leverage guide for full details.

✓ Our Recommendation — Start Micro, Graduate to Ultra Low

The most effective path for most traders: open a Micro account at $5 to experience live market conditions with minimal risk. Trade for 4–8 weeks and develop consistent position sizing discipline. Then open an Ultra Low account at $50 — the 46% lower spread cost is meaningful over time, and the account is still commission-free and bonus-eligible. Only upgrade to Zero if you reach 50+ trades per day at standard lot sizes.

Frequently Asked Questions — XM Account Types 2026

What are the XM account types available in 2026?+

XM offers four account types: Micro ($5 minimum, 1,000-unit lots, commission-free), Standard ($5 minimum, 100,000-unit lots, commission-free), Ultra Low ($50 minimum, EUR/USD from 0.6 pip, no commission — best value), and Zero ($100 minimum, EUR/USD from 0.0 pip, $3.50/lot/side commission). All include MT4, MT5, negative balance protection, and leverage up to 1:1000.

Which XM account type is best for beginners?+

The Micro account is best for beginners. With a $5 minimum deposit and micro-lot sizing, a 10-pip loss costs approximately $0.10 — enough to create real psychological discipline without significant financial risk. The Micro account is also eligible for the no deposit bonus and 50% deposit bonus. Once you have consistent results, upgrade to the Ultra Low for better spreads. See our step-by-step account opening guide.

Is the Ultra Low account worth the $50 minimum deposit?+

Yes, for active traders. The Ultra Low account's EUR/USD spread of ~0.7 pip average is approximately 46% lower than Standard's ~1.3 pip — with no commission. On 10 standard lot trades per day, this saves approximately $60/day in spread costs. Our team confirmed 0.62 pip on EUR/USD and $0.27 on gold during London session peak hours in Q1 2026 testing. The $50 entry cost pays for itself quickly for any trader doing more than a few trades per week.

What is the difference between XM Micro and Standard accounts?+

The spreads, leverage, minimum deposit, bonus eligibility, and platforms are identical. The only difference is lot sizing: Micro account uses 1,000-unit lots (micro-lots), while Standard uses 100,000-unit lots. At the minimum trade size of 0.01 lots, a Micro account position is 100x smaller than a Standard account position. Both are commission-free and both start from $5.

Can I open multiple XM account types at the same time?+

Yes. You can open as many XM accounts as you want simultaneously under the same Members Area — for example, a Micro account for learning and an Ultra Low account for more serious trading. Each account has its own balance, trading history, and MT4/MT5 credentials, all accessible from the same dashboard. There are no restrictions on the number of accounts per identity.

Does the XM Zero account charge commission on every trade?+

Yes. The Zero account charges $3.50 per standard lot per side — meaning each round-turn trade (open + close) costs $7 in commission regardless of the spread. The spread itself starts from 0.0 pip. This makes the Zero account cost-effective only for traders executing at high volume (typically 50+ trades/day) where the near-zero spread advantage outweighs the fixed commission. Most active traders find the Ultra Low account cheaper on a total-cost basis for positions under 2 standard lots.

Is the XM Islamic account available on all account types?+

The Islamic (swap-free) account is available on Micro, Standard, and Ultra Low accounts. It is not available on the Zero account. Request the swap-free conversion via XM live chat after opening your account — it is free of charge and processed within one business day. Full details at our XM Islamic account guide.

Which account has the lowest spread on gold XAUUSD?+

The Zero account has the lowest raw gold spread (from $0.15), but charges $3.50/lot/side commission. The Ultra Low account offers gold from $0.25 with no commission — making it better value for most gold traders. Our live testing in Q1 2026 recorded an average of $0.27 on Ultra Low and $0.16 on Zero during peak London hours. At 1 standard lot, the effective total cost was approximately equal between the two — Zero only wins at higher position sizes. See our full XM spread guide.

Open Your XM Account Today

Choose from Micro ($5), Standard ($5), Ultra Low ($50), or Zero ($100). All accounts include MT4 & MT5, leverage up to 1:1000, and negative balance protection. Check the Promotions tab for your region's bonus before depositing.

Open XM Account — Free → Try Free Demo First

No account opening fee · $5 minimum (Micro/Standard) · CySEC & ASIC regulated

Risk Warning & Disclaimer: Trading forex and CFDs involves significant risk of loss. Leverage magnifies both profits and losses. Spread data shown is based on our live account testing during typical market conditions — actual spreads vary by instrument, time of day, and market volatility. Bonus availability varies by country and promotional period. XM does not accept clients from the USA, Canada, Israel, or Iran. All specifications accurate as of May 2026.