Ultra Low
Ultra-low spread account
With its advantages of low spreads, low overnight interest, and low commissions, it is the best choice to achieve higher trading volume at the lowest cost.
Foreign exchange, precious metals, stock indices, stocks, thematic indices, commodities, energy
Spreads as low as
Zero
Account
Manage your trading costs with a Zero account, with fixed fees and spreads from zero pips.
Foreign exchange, precious metals, stock indices, stocks, thematic indices, commodities, energy
Spreads as low as
Shares
Stock account
Want to own company shares? Open a Share stock account to participate in shareholding and take advantage of investment opportunities.
stock
| Account Type | Who is it more suitable for? | Selection Recommendation |
|---|---|---|
| Ultra Low | Beginners, experienced traders, and small-scale test users | Preferred |
| Zero | Short-term traders, cost-sensitive users | Choose after calculating the transaction fees. |
| Shares | Users who want to trade real stocks, have a large amount of capital, and can accept a minimum investment of $10,000 | This is only suitable for people who are specifically looking to open a stock account; it is not a good first choice for beginners. |
Who is the Ultra Low account suitable for?
The main advantage of the Ultra Low account is simple: lower trading costs without a complicated fee structure.
It's more suitable for first-time XM users. Start with small amounts to familiarize yourself with the account, trading software, deposit, order placement, closing positions, and withdrawal processes; you don't need to calculate the fee structure in detail from the beginning.
More suitable
- First time opening an XM real account
- I want to test it with a small amount first.
- Mainly trades foreign exchange, gold, and indices.
- I don't want to calculate the fixed commission separately.
- I hope the account is simple and the costs are clear.
Not very suitable
- High-frequency short-term users
- People who are very sensitive to the cost of every transaction
- Traders who already have a clear scalping strategy
Who is a Zero account suitable for?
Zero's focus is:Lower spreads, but with fixed commissions.
This is not a beginner-friendly account. The true cost of trading cannot be calculated by looking at spreads alone; fees, slippage, overnight interest, and trading frequency must also be taken into account.
If you only trade occasionally, Zero might not be the better deal. Those who frequently engage in short-term trading should seriously compare Zero.
More suitable
- Has experience in forex or CFD trading
- Can calculate the total cost of a single transaction
- The trading frequency is relatively high.
- intraday, short-term, or scalping strategies
- Acceptable fixed commission
Not very suitable
- New to XM
- People who don't know how to calculate transaction fees
- People who only place orders occasionally
- Users who only view "zero spread"
Who is a Shares account suitable for?
The key point of Shares is:This is a stock account, not a forex, gold, or index CFD account.
The Shares account has a minimum deposit of $10,000 and maximum leverage of 1:1. That makes it much less accessible than the Ultra Low or Zero account.
If you simply want to familiarize yourself with the XM account opening, deposit, and MT4/MT5 order placement process, Shares is not suitable as your first choice. Beginners should prioritize Ultra Low, as it will be more direct.
More suitable
- People who clearly want to trade in the stock market
- Minimum deposit acceptable: $10,000
- I don't pursue high leverage; I only want to trade stocks using a 1:1 leverage ratio.
- With substantial funds and a long-term holding plan
- The difference between a stock account and a CFD account is now clear.
Not very suitable
- New to XM
- People who just want to test the account process with a small amount of money
- People who primarily trade foreign exchange, gold, crude oil, or indices
- People who want to use higher leverage
- People who haven't figured out the stock account cost rules
Differences between Ultra Low, Zero, and Shares
| Comparison items | Ultra Low | Zero | Shares |
|---|---|---|---|
| Account Features | Low spreads, low cost, easy to understand | Low spreads + fixed commission | Stock accounts have high entry barriers and only allow trading in the stock market. |
| Minimum deposit | $5 | $5 | $10,000 |
| Cost structure | Simpler | Transaction fees need to be calculated. | It depends on stock trading commissions and specific market rules. |
| Suitable for | Novice and average traders | Experienced short-term traders | Users with substantial funds who specifically want to open a stock account |
| Beginner-friendly | higher | generally | lower |
| Core Recommendations | Most people prefer | Understand the costs before making a selection | Not suitable as the first choice for beginners in XM |
How to choose an XM account? Most people start with Ultra Low.
Most people choose the XM account, directly from Ultra Low Getting started is enough.
It has a low barrier to entry, its cost structure is easier to understand, and it is more suitable for first getting a real transaction process running.
Zero can be considered in the second step.
Wait until you can understand the relationship between spreads, fees, slippage, and trading frequency before deciding whether to switch.
Shares is only suitable for those who are determined to open a stock account and can accept the starting threshold of $10,000.
XM Account Type FAQs
To answer frequently asked questions about choosing between XM Ultra Low and Zero accounts, their suitability for different users, transaction fees, minimum deposit requirements, and demo accounts, please refer to these frequently asked questions.
What are the different types of XM accounts?
For XM accounts, focus on Ultra Low and Zero.
Ultra Low is more suitable for beginners, ordinary traders, and users testing with small amounts of money.
Zero is more suitable for people who are familiar with transaction fees and short-term trading costs.
Should XM beginners choose Ultra Low or Zero?
Beginners are better off starting with Ultra Low.
Its cost structure is easier to understand and is more suitable for those who are already familiar with the account, trading software, deposit, order placement, closing, and withdrawal processes.
For first-time account openings, it is not recommended to choose Zero simply because of its "zero spread".
Is an XM Zero account suitable for beginners?
It is generally not recommended for beginners to choose Zero first.
Zero offers lower spreads, but comes with a fixed commission.
The true cost of a transaction should include spreads, commissions, slippage, overnight interest, and trading frequency.
Who is the XM Ultra Low account suitable for?
Ultra Low is suitable for first-time XM users, small-scale testing users, and regular manual traders.
If you don't want to start calculating complicated fees from the beginning, Ultra Low will be easier to use.
It is more suitable to first get the actual transaction process running smoothly.
Is an XM Zero account cheaper?
Not always.
The Zero account may offer lower spreads, but you also need to include the fixed commission.
For occasional traders, Ultra Low may be easier and sometimes more cost-effective.
What is the minimum deposit amount for an XM account?
The minimum deposit shown on both the Ultra Low and Zero pages is $5.
The actual deposit amount, payment method, and available channels are subject to the information displayed on the account opening page and account backend.
Can I use a demo account with my XM account first?
Yes.
Beginners can start by using a demo account to familiarize themselves with the trading software, product quotes, and order placement and closing operations.
Once you're ready, switch to a real account for a small-scale test.