XM Forex Core Data Table
| project | XM Forex Information |
|---|---|
| Minimum deposit | Starting from $5 |
| Foreign exchange trading hours | 24/5 |
| Account Type | Ultra Low, Zero |
| Representing currency pairs | EURUSD and other major popular currency pairs |
| Trading platform | MT4, MT5, XM App |
| lever | The maximum ratio is 30:1, depending on the traded goods. |
| Demo Account | support |
| Negative balance protection | support |
| Lock-up | support |
| Islamic accounts | support |
XM Forex's core advantage is...Minimum deposit of $5, supports MT4/MT5/XM App, provides demo account and negative balance protection.Beginners can start by using a small amount of capital to familiarize themselves with the forex trading process.
What is the minimum deposit for XM Forex?
| Account Type | Minimum deposit | Account Features |
|---|---|---|
| Ultra Low account | $5 | Low spreads, low overnight interest, low commissions |
| Zero account | $5 | Fixed commission, spreads as low as zero points |
| Demo Account | No actual deposit required | Testing trading strategies with virtual funds |
XM Forex minimum deposit is Starting from $5The minimum deposit for both Ultra Low and Zero is... $5Ultra Low offers lower spreads, lower overnight interest rates, and lower fees, while Zero offers lower spreads plus a fixed fee.
How to choose the XM forex account type?
| Account Type | Minimum deposit | Cost structure | Suitable for |
|---|---|---|---|
| Ultra Low | $5 | Low spreads, low overnight interest, low commissions | People who want to control the overall cost of forex trading |
| Zero | $5 | Fixed commission, spreads as low as zero points | People who are more concerned about spreads and can accept fixed commissions |
| Demo Account | No actual deposit required | Virtual Funds Trading | People who want to familiarize themselves with the forex trading process |
The key point of Ultra Low isComprehensive transaction costsThis is suitable for those who are concerned about spreads, overnight costs, and transaction fees. Zero's focus is on...Point difference structureThis is suitable for people who are more concerned about low spreads and can accept fixed commissions.
XM Forex Popular Currency Pair Spread Table
| Product/Code | Average spread (points) | Spreads as low as (points) | Maximum leverage | operate |
|---|---|---|---|---|
|
🇺🇸🇯🇵
USDJPY#
US Dollar vs Japanese Yen
|
1.3 | 0.8 | 30 | Trading |
|
🇪🇺🇺🇸
EURUSD#
Euro vs US Dollar
|
1.1 | 0.8 | 30 | Trading |
|
🇦🇺🇺🇸
AUDUSD#
Australian Dollar vs US Dollar
|
1.4 | 1.3 | 20 | Trading |
|
🇬🇧🇯🇵
GBPJPY#
Pound sterling vs Japanese Yen
|
2.9 | 1.5 | 30 | Trading |
|
🇬🇧🇺🇸
GBPUSD#
Pound sterling vs US Dollar
|
1.3 | 0.8 | 30 | Trading |
|
🇪🇺🇯🇵
EURJPY#
Euro vs Japanese Yen
|
2.3 | 1.7 | 30 | Trading |
|
🇪🇺🇬🇧
EURGBP#
Euro vs Pound Sterling
|
2.0 | 1.7 | 30 | Trading |
|
🇺🇸🇨🇭
USDCHF#
US Dollar vs Swiss Franc
|
1.5 | 1.1 | 30 | Trading |
|
🇳🇿🇺🇸
NZDUSD#
New Zealand Dollar vs US Dollar
|
2.1 | 2.0 | 20 | Trading |
|
🇪🇺🇨🇭
EURCHF#
Euro vs Swiss Franc
|
1.8 | 1.3 | 30 | Trading |
In addition to the top 10 most traded forex pairs, you can also try different product types.
How to view XM forex trading costs?
XM Forex transaction costs mainly depend onAccount TypeThe minimum deposit for both Ultra Low and Zero is... $5However, the spreads, fees, and overnight interest structures are different.
| Cost items | Ultra Low account | Zero account |
|---|---|---|
| Minimum deposit | $5 | $5 |
| Spread | low spread | Spreads as low as zero |
| handling fee | Low transaction fees | Fixed commission |
| Overnight interest | low overnight interest rates | Subject to the actual display in the account. |
| Cost characteristics | Lower overall cost | Lower spreads, plus a fixed commission. |
Ultra Low is better for watching.Comprehensive transaction costsThis includes spreads, overnight interest, and fees. Zero is more suitable for viewing.Low spread plus fixed commissionThe total cost after that.
Why choose to trade forex on XM?
Choose an industry-leading, top-tier broker to provide you with the best trading experience in the world's most liquid markets.
Trading continues 24/7
Explore the global foreign exchange market and discover unlimited trading opportunities.
Access the market anytime, anywhere
Multiple trading platforms and the XM App are available for you to choose from, and all information is synchronized in real time.
More trading opportunities
Flexible leverage is suitable for all traders, significantly enhancing their trading potential.
No handling fee
There are no hidden fees or extra charges; all your account equity is available for trading without any fees.