trade forex with xm

Broker XM Global

With over 10 million customers globally, XM has become the go-to platform for forex trading, stock trading and trading other financial instruments such as commodities, metals and energies. In this article, we’ll give you everything you need to know to get started with XM.

Broker rating: 4,7

Key Features of XM Global

💡 Feature🔍 Details
🔐 Regulation & SecurityRegulated by trusted authorities such as IFSC (Belize) and CySEC, ensuring trader protection globally.
💱 Currency Pair RangeOffers a wide range of currency pairs, ideal for diversification and adapting to global markets.
📊 Trading PlatformsAccess to 10+ platforms including MT4 and MT5 — fast, reliable, and suited to all experience levels.
🎓 Educational ResourcesFree webinars, e-books, video tutorials, and a demo account — perfect for continuous learning.
🧠 Technical ToolsAdvanced tools for technical analysis, helping identify price trends and make informed decisions.
📞 Customer SupportMultilingual support in 30+ languages, available 24/5 to assist you wherever you are.

Minimum deposit 5€

Easy to get started

Support 24/7

Helpful XM Support agents are always available

Mobile App

Trade on the go with the No.1 Trading App

XM Account types

XM offers a variety of account types to cater to traders with different needs and preferences. Here’s a breakdown of the key differences between the three main account types:


Micro Account
Ideal for: Beginners and those with limited capital.
Lot size: Smaller lot sizes, suitable for smaller trades.
Spreads: Wider spreads compared to other account types.
Minimum trading volume: Lower minimum trading volume requirements.
Minimum deposit: USD 5.


Standard Account
Ideal for: Intermediate and advanced traders.
Lot size: Standard lot sizes, suitable for various trading strategies.
Spreads: Competitive spreads compared to the Micro Account.
Minimum trading volume: Slightly higher than the Micro Account.
Minimum deposit: USD 5.


XM Zero Account (Ultra-Low Spreads)
Ideal for: Professional traders seeking the tightest spreads.
Lot size: Standard lot sizes.
Spreads: Ultra-low spreads, making it suitable for scalping and high-frequency trading.
Minimum trading volume: Higher minimum trading volume requirements.
Minimum deposit: USD 50.

Choosing the right account

The best account type for you depends on your trading style, experience level, and risk tolerance. Consider the following factors when making your decision:
Trading style: If you’re a beginner or have limited capital, the Micro Account might be a good starting point. If you’re an experienced trader seeking the tightest spreads, the XM Zero Account is a great option.

Risk tolerance: Be mindful of the risks associated with each account type, especially the higher minimum trading volume requirements for the XM Zero Account.

Trading goals: Determine your short-term and long-term trading goals and choose an account that aligns with your objectives.
Base Currency


XM offers a variety of base currencies for your trading account, including USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, and ZAR. While you can open an account with any of these currencies as the base, it’s important to choose the correct one before trading, as changing it later could create issues.

Also read: How to open XM account, step-by-step

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