What is the minimum deposit for an XM account?

The minimum deposit for XM's Micro, Standard, and Ultra Low accounts is $5. The Shares Account has a higher minimum deposit of $10,000.

Which XM account is best for beginners?

The XM Micro Account is generally recommended for beginners due to its low minimum deposit and smaller contract size, which allows for better risk management.

Can I trade stocks with XM?

Yes, you can trade stocks with the XM Shares Account. This account provides access to a wide range of global stocks.

What are the spreads on the XM Ultra Low account?

The XM Ultra Low Account offers spreads starting from as low as 0.6 pips, with no commissions.

Does XM allow scalping?

Yes, XM allows scalping and other high-frequency trading strategies. The XM Ultra Low Account is particularly well-suited for scalping due to its low spreads.

XM Account Types: A Complete 2026 Guide

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Quick Answer

XM offers several distinct account types to suit different traders, including the Micro, Standard, XM Ultra Low, and Shares accounts. The Micro and Standard accounts have a low $5 minimum deposit, while the Ultra Low account features spreads from 0.6 pips. The Shares account is designed for stock investors with a higher minimum deposit.

Choosing the Right XM Account for Your Trading Style

When starting your trading journey with XM, one of the most critical decisions you'll make is choosing the right account type. Each account is tailored to different trading styles, experience levels, and investment sizes. This guide will walk you through the various XM account types to help you make an informed decision.

XM Account Types at a Glance

Here's a summary of the main account types offered by XM:

Feature	Micro Account	Standard Account	XM Ultra Low Account	Shares Account
Minimum Deposit	$5	$5	$5	$10,000
Contract Size	1 lot = 1,000 units	1 lot = 100,000 units	1 lot = 100,000 units	1 share
Spreads	From 1 pip	From 1 pip	From 0.6 pips	As per the underlying exchange
Commission	None	None	None	Yes
Leverage	Up to 1:1000	Up to 1:1000	Up to 1:1000	None
Best For	Beginners, small-volume traders	All trader types	Scalpers, high-volume traders	Stock investors

Micro Account

The XM Micro Account is an excellent choice for beginners who are new to forex trading. With a low minimum deposit of just $5, it allows you to start trading with a small initial investment. The key feature of the Micro Account is its contract size, where 1 lot is equivalent to 1,000 units of the base currency. This smaller lot size is ideal for those who want to manage their risk carefully while learning the ropes of the market.

Standard Account

The XM Standard Account is the most popular choice among traders. It offers a great balance of features for both new and experienced traders. Like the Micro Account, it has a low minimum deposit of $5. However, the contract size is larger, with 1 lot equal to 100,000 units. This account is suitable for a wide range of trading strategies and provides access to over 1,000 trading instruments.

XM Ultra Low Account

For traders who prioritize low trading costs, the XM Ultra Low Account is the perfect option. This account boasts ultra-low spreads starting from just 0.6 pips and has no commissions. The minimum deposit is also $5, making it accessible to all traders. The Ultra Low Account is particularly beneficial for scalpers and high-volume traders who execute a large number of trades and want to minimize their trading costs.

Shares Account

The XM Shares Account is designed for those who want to invest in the stock market. With this account, you can trade shares of a wide range of companies from around the world. The minimum deposit for the Shares Account is $10,000, and it does not offer leverage. This account is ideal for long-term investors who want to build a diversified portfolio of stocks.

Risk Warning: Trading forex and CFDs involves a high level of risk and may not be suitable for all investors. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may lose all of your initial investment. You should not invest money that you cannot afford to lose.

Ready to start trading? Open an XM account today → and choose the account type that best suits your needs.

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