How does XM spread compare to competitors?

XM's Ultra Low account EUR/USD spread of 0.6 pip (no commission) is competitive among major regulated brokers. Exness Ultra Low averages 0.3–0.5 pip, IC Markets Raw averages 0.1 pip (plus $3.50 commission), and Pepperstone Razor averages 0.1 pip (plus $3.50 commission). XM's advantage is no commission on the Ultra Low — simplifying cost calculation. For raw spread access with commission, IC Markets and Pepperstone offer tighter spreads than XM Zero.

XM Spread — EUR/USD, Gold and All Pairs Compared 2026

Live-Tested Spread Data — Updated May 2026

Spread XMEUR/USD, Gold & All Major Pairs — Tested Across All 4 Account Types

Q: What is the XM spread on EUR/USD?

The XM EUR/USD spread depends on your account type. On the Ultra Low account, EUR/USD averages 0.6–0.8 pip during the London session peak (08:00–10:00 GMT). On the Standard and Micro accounts, EUR/USD averages 1.0–1.6 pip. On the Zero account, EUR/USD starts from 0.0 pip but a commission of $3.50 per lot per side applies. All figures are typical during peak liquidity — spreads widen during Asian session, major news events, and market open/close.

Q: What is the XM spread on gold XAUUSD?

XM gold (XAUUSD) spreads vary by account type. On the Ultra Low account, gold averages $0.25–0.35 per ounce during the London session. On Standard and Micro accounts, gold averages $0.40–0.60. On the Zero account, gold starts from $0.15 but commission of $3.50/lot/side applies. Gold spreads widen significantly during Asian session and around major US economic data releases.

Q: Which XM account has the lowest spread?

The XM Zero account has the lowest raw spread — EUR/USD from 0.0 pip and gold from $0.15. However, the Zero account charges a $3.50/lot/side commission, making the effective total cost approximately equal to the Ultra Low account at 1 standard lot. For most retail traders, the Ultra Low account offers the best value: EUR/USD from 0.6 pip with no commission. The Ultra Low has a lower effective cost than Zero for positions under approximately 2 standard lots.

Real spread figures from our live XM accounts — not advertised minimums. EUR/USD from 0.6 pip on Ultra Low, gold from $0.25, with session-by-session timing analysis so you know exactly when costs are lowest.

EUR/USD from 0.6 pip (Ultra Low) Gold from $0.25 (Ultra Low) Zero from 0.0 pip + commission Tested London Session

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Spread data collected from live accounts during London session · Q1–Q2 2026

EUR/USD (Ultra Low)0,6 pipLondon session avg

Gold XAUUSD (Ultra Low)$0.25Per ounce avg

EUR/USD (Standard)1.3 pipLondon session avg

Commission-free3 JenisMicro, Std, Ultra Low

Tim Editorial Pendaftaran XEM Spread data collected from simultaneous live accounts across all four XM account types — London, New York, and Asian session testing Q1–Q2 2026

Diperbarui Mei 2026 Live Account Data 10 menit baca

XM Spread — All Major Pairs Across All Account Types

The table below shows typical spreads during the London session peak (08:00–10:00 GMT) — the tightest conditions of the trading day. Spreads during Asian session are typically 2–4× wider. All figures are from our live account testing in Q1–Q2 2026.

alat	Mikro/Standar	Ultra Low ★	Zero (+ comm)	Best Account
EUR/USD	~ 1.0–1.6 pip	dari 0,6 pip	dari 0,0 pip	Ultra Low (no comm)
GBP/USD	~1.4–2.0 pip	From 0.8 pip	From 0.1 pip	Ultra Low (no comm)
USD/JPY	~1.0–1.5 pip	dari 0,6 pip	dari 0,0 pip	Ultra Low (no comm)
EUR/JPY	~1.5–2.2 pip	dari 1.0 pip	From 0.3 pip	Ultra Low (no comm)
AUD/USD	~ 1.0–1.6 pip	From 0.7 pip	From 0.1 pip	Ultra Low (no comm)
USD/CAD	~1.5–2.0 pip	From 0.9 pip	From 0.2 pip	Ultra Low (no comm)
USD/CHF	~1.2–1.8 pip	From 0.8 pip	From 0.1 pip	Ultra Low (no comm)
emas xauUSD	~$0.40–0.60	Dari $0.25	Dari $0.15	Ultra Low (no comm)
Silver XAGUSD	~$0.030	From $0.018	From $0.012	Ultra Low (no comm)
minyak wti	~$0.04–0.06	From $0.03	From $0.02	Ultra Low (no comm)
US500 (S&P 500)	~0.5–0.8 pts	From 0.3 pts	From 0.1 pts	Ultra Low (no comm)
GER40 (DAX)	~1.5–2.5 pts	From 1.0 pts	From 0.5 pts	Ultra Low (no comm)
★ Best value account. Spreads shown: typical London session peak 08:00–10:00 GMT. Zero account adds $3.50/lot/side commission on all trades. Spreads widen significantly during Asian session and around major news releases.

XM Spread Visual — EUR/USD & Gold Comparison

The bars below show the relative spread width across account types on two of XM's most traded instruments. The Zero account bar is near-zero for spread — but remember to add $7 round-turn commission per standard lot when calculating true total cost.

EUR/USD

Best: Zero 0.0 pip (+ $7 comm/lot) Best no-comm: Ultra Low 0.6 pip

Micro/Std

~1.3 pip

Sangat Rendah

~0.7 pip

nol

~0.1 pip

Emas (XAUUSD)

Best: Zero $0.15 (+ $3.50 comm/lot) Best no-comm: Ultra Low $0.27

Micro/Std

~$0.50

Sangat Rendah

~$0.27

nol

~$0.16

GBP/USD

Best no-comm: Ultra Low ~0.9 pip avg

Micro/Std

~1.7 pip

Sangat Rendah

~0.9 pip

nol

~0.2 pip

Live account data — editorial team testing Q1–Q2 2026

"We ran simultaneous open trades on EUR/USD across Micro, Ultra Low, and Zero accounts during the London session on 12 separate trading days in Q1 2026. The Ultra Low account averaged 0.62 pip on EUR/USD — never exceeded 0.9 pip during the London session. The Zero account showed 0.0–0.1 pip consistently but the $7 round-turn commission made the effective cost nearly identical to Ultra Low at 1 lot. On gold (XAUUSD), Ultra Low averaged $0.27 during London peak — we saw $0.24 at the tightest. The Micro and Standard accounts averaged $0.51 on gold during the same period — nearly double the Ultra Low cost."

— XEM Signup Editorial Team, tested Q1–Q2 2026

When Are XM Spreads at Their Lowest? — Session-by-Session Guide

Spread width is directly tied to market liquidity. The more participants are active, the tighter the bid-ask spread. Timing your trades to high-liquidity sessions can meaningfully reduce your trading costs — especially for high-frequency traders where session timing compounds across many trades.

🟢 London Session

08:00 – 17:00 GMT

EUR/USD: 0.6–0.9 pip (UL)

Highest global liquidity. Best time for most forex pairs. EUR/USD, GBP/USD, and EUR/GBP spreads are at their tightest. Gold spreads also tighten during London morning.

🟢 London–NY Overlap

13:00 – 17:00 GMT

EUR/USD: 0.6–0.8 pip (UL)

Peak of peak — both London and New York fully active. Tightest spreads of the entire trading week. USD pairs especially tight. Highest volume traded here.

🟡 Asian Session

00:00 – 08:00 GMT

EUR/USD: 1.2–2.5 pip (UL)

Lowest liquidity for EUR/USD and GBP pairs. Spreads 2–4× wider than London session. AUD/USD and USD/JPY are tighter during Asian hours. Avoid EUR/USD scalping here.

When spreads widen within the London session

Even during the London session, certain times cause temporary spread spikes you should be aware of:

▲2–5 min before major news releases (NFP, CPI, FOMC) — spreads can triple or more. Never enter positions in this window unless you intentionally trade news.
▲00:00 server time (daily rollover) — spreads widen briefly as XM processes overnight swap adjustments. Avoid entering positions in the 5 minutes around rollover.
▲Friday 21:00–23:59 GMT — spreads widen as liquidity drops ahead of weekend market closure. Monday 00:00–01:00 GMT shows similar widening as markets reopen.

XM Total Trading Cost — Spread + Commission Per Standard Lot

The true cost of trading is not spread alone. On the Zero account, you must add commission to get the real total cost per trade. This calculation shows which account type is genuinely cheapest for EUR/USD at 1 standard lot round trip.

EUR/USD — 1 Standard Lot Round Trip (Open + Close)

Mikro/Standar ~$13 1.3 pip avg × $10/pip × 2 sides

Sangat Rendah ~$7 0.7 pip avg × $10/pip × 2 sides Best value ≤ 2 lots

nol ~$8 ~$1 spread + $7 commission round trip

Zero (5 lots) ~$38 $5 spread + $35 commission — Zero wins vs UL at scale

💡 The Crossover Point: When Zero Beats Ultra Low

At 1 standard lot: Ultra Low ≈ $7, Zero ≈ $8 (including commission). The Zero account only becomes cheaper than Ultra Low at approximately 2+ standard lots per trade, where the raw spread advantage outweighs the fixed $7 commission. For traders consistently entering at 1 lot or less, the Ultra Low account is cheaper — and it is bonus-eligible. See our Perbandingan Jenis Akun Lengkap for more detail.

How to Minimise Your XM Spread Cost

1. Choose the right account type for your position size

If you trade 1 lot or less per position: Ultra Low wins on total cost. If you consistently trade 2+ standard lots: Zero account may be cheaper. If you trade micro-lots under $200: Micro account is the safest starting point. Read our account types guide for the full breakdown.

2. Trade during the London session

08:00–17:00 GMT gives you the tightest spreads. The London–New York overlap (13:00–17:00 GMT) is the absolute tightest window. If you are a Southeast Asian trader (UTC+7/+8), this translates to 15:00–01:00 local time — early evening trades are near London peak.

3. Avoid trading 5 minutes around major news releases

NFP (first Friday of the month, 13:30 GMT), CPI, FOMC, and central bank decisions cause spreads to spike 3–10× temporarily. Unless you specifically trade news, set a reminder to avoid entering positions in the 5 minutes before and after these releases. XM does not reduce leverage during news events — but spreads still widen.

4. Use limit orders instead of market orders where possible

Limit orders execute at your specified price — they do not guarantee fill but eliminate the risk of entering at a wider spread during a temporary spike. Market orders during low liquidity periods can fill at spreads significantly wider than the typical figure shown here.

Frequently Asked Questions — XM Spread 2026

What is the XM spread on EUR/USD?+

The XM EUR/USD spread depends on your account type. Ultra Low: averages 0.62 pip during London session (our tested figure). Standard/Micro: averages 1.3 pip during London session. Zero: from 0.0 pip but adds $3.50/lot/side commission. All spreads are variable — they widen during Asian session (typically 2–4× wider) and around major news events. Open an Akun Demo XM to see live spreads before depositing.

What is the XM spread on gold XAUUSD?+

XM gold (XAUUSD) spreads from our live account testing Q1 2026: Ultra Low averaged $0.27 during London session peak, with a minimum of $0.24 recorded. Standard/Micro accounts averaged $0.51. Zero account averaged $0.16 (before $3.50/lot commission). Gold spreads widen significantly during the Asian session and around US economic data releases including NFP and CPI. See our dedicated XM gold trading guide.

Which XM account has the lowest spread?+

The Zero account has the lowest raw spread (EUR/USD from 0.0 pip, gold from $0.15) but charges $3.50/lot/side commission. For most retail traders doing 1 lot or less per trade, the Ultra Low account (EUR/USD ~0.7 pip, no commission, ~$7 total cost per lot) is cheaper than Zero (~$8 total including commission). Zero becomes cost-effective at 2+ standard lots per position. Both Ultra Low and Zero are better value than Standard/Micro for active traders. See our full account comparison.

When are XM spreads at their tightest?+

XM spreads are tightest during the London session (08:00–17:00 GMT), especially during the London–New York overlap (13:00–17:00 GMT). Avoid trading 5 minutes around major news releases (NFP, CPI, FOMC) when spreads spike. The Asian session (00:00–08:00 GMT) shows spreads 2–4× wider than London peak for EUR/USD and GBP pairs. AUD/USD and USD/JPY are more stable during Asian hours.

Does XM charge commission in addition to the spread?+

Commission depends on the account type. Micro, Standard, and Ultra Low accounts are fully commission-free — the spread is the only trading cost. The Zero account charges $3.50 per standard lot per side ($7 round turn) in addition to the raw spread. There are no other trading fees — no deposit fee (most methods), no withdrawal fee, no platform fee, no inactivity fee on active accounts. A $10/month inactivity fee applies only after 90+ days of no trading activity. Details in our deposit guide.

How does XM spread compare to Exness and IC Markets?+

XM Ultra Low (0.6 pip EUR/USD, no commission) sits in the mid-range of major brokers. Exness Ultra Low averages 0.3–0.5 pip. IC Markets Raw averages 0.1 pip plus $3.50 commission. Pepperstone Razor averages 0.1 pip plus $3.50 commission. XM's advantage is simplicity — no commission calculation needed on Ultra Low. For absolute lowest spread with commission accepted, IC Markets and Pepperstone win on raw spread. For best spread without commission, XM Ultra Low and Exness Ultra Low are comparable. We cover this in detail in our XM vs Exness comparison.

Trade With XM's Tightest Spreads

Open an Ultra Low account from $50 — EUR/USD from 0.6 pip, gold from $0.25, no commission. Or start with a Micro account from $5 and upgrade when ready.

Open XM Ultra Low Account → Check Spreads on Demo First

$50 minimum · No commission · EUR/USD from 0.6 pip · CySEC & ASIC regulated

Peringatan risiko: Spread figures shown are from our live account testing during typical market conditions — actual spreads vary by session, news events, and market volatility. Past spread conditions do not guarantee future conditions. Trading forex and CFDs involves significant risk of loss. XM does not accept clients from the USA, Canada, Israel, or Iran. All data accurate as of May 2026.