XM account types explained (2026)

XM's spreads: "0.8 pips (as low as, XM Global)". Its commission: "Zero commission (as stated on its home page; check the Ultra Low and Shares account terms)". A "from" spread is the lowest the broker shows, not what you pay most of the time. To compare two accounts fairly, add the spread cost and the round-turn commission for one lot; the cost per lot calculator does it in a few seconds.

• Fewer, longer trades: the spread matters less than swaps and simplicity; a commission-free account keeps the costs in one number.
• Many short trades: the spread is paid on every trade, so a raw-spread account with commission often costs less per lot. Check with the calculator before you decide.
• Small first account: start with the account that has the lowest minimum deposit (XM: "$5 (Standard and Ultra Low; XM Global; Shares account $10,000)") and a demo first.
• Swap-free: XM says: "Yes (Islamic option on all accounts as standard)".

XM lists: MetaTrader 4, MetaTrader 5, XM App. Not every account is available on every platform; XM's account pages say which.

Which XM company opens your account depends on where you live. If you live in the EU, the UK, Australia, South Africa, Kenya, the UAE or Qatar, our link only goes to a XM entity licensed for your country, and where there is none we show no link. We show no sign-up links at all in India and in other countries where promoting offshore brokers is not allowed. Check each licence on the regulator's register before you deposit.

Most retail CFD accounts lose money; check XM's own figure on its website before you trade. Before you choose, put XM next to its closest rivals: XM vs Exness, XM vs HFM, XM vs Eightcap. Our country pages list XM for South Africa, Kenya, the UAE, Germany, France.