XM account types: Standard, Micro, Ultra Low and Shares

Short answer: XM Global offers Standard, Micro, Ultra Low (in Standard and Micro versions) and Shares accounts. They differ mainly in lot size, minimum deposit, swaps and what you can trade. Which one fits depends on how you trade, and this page does not recommend one.

Last checked 2026-11-15

What account types does XM offer?

XM Global's Account Types page shows three account plans: Standard, Ultra Low and Shares. Its Help Center adds that forex accounts can be opened in Micro, Standard, Ultra Low Micro or Ultra Low Standard formats. XM Global does not list a Zero account.

	Standard	Micro	Ultra Low (Standard / Micro)	Shares
Minimum deposit	$5	$5 (Help Center: any account type)	$5	$10,000
1 lot	100,000 units	1,000 units	Comes in a Standard or a Micro format	Shares of listed companies
Swaps	Charged or earned overnight	Charged or earned overnight	Swap-free on selected instruments	Not stated on the pages checked
Max leverage	Up to 1000:1, by equity	Up to 1000:1, by equity	Up to 1000:1, by equity	1 (shown per share on XM's Shares page)

Figures are as shown by XM Global Limited on the pages listed in the sources, and XM can change them. XM states that XM Global Limited is regulated by the FSC of Belize. Other XM group companies serve other regions and may offer different accounts and leverage; the registration form shows the options that apply to you.

Standard vs Micro: what is the difference?

The main difference is lot size. XM's Help Center gives these specifications:

	Standard lot account	Micro lot account
1 lot	100,000 units	1,000 units
Minimum trade	0.01 lots	0.1 lots
Maximum trade	50 lots	100 lots
Trading step	0.01 lots	0.01 lots

A Micro account lets you place smaller positions. XM says you can trade 100-unit positions on a Micro account by setting the volume to 0.1 lots. XM does not offer separate Mini, Nano or Cent accounts.

What is different about Ultra Low?

XM describes Ultra Low as its account for trading high volumes, with low spreads. XM publishes separate spread figures for Standard and Ultra Low Standard on its market pages, so you can compare them per instrument.

XM's Ultra Low account card also mentions "even lower swap fees and commissions", while XM's general FAQ says it does not charge commission. The two pages do not match, so check the costs shown in your platform.

The other difference is swaps. XM says some instruments on Ultra Low are swap-free, but not all. To check one, XM says to open the instrument's symbol information in your platform. If no swaps are listed, it is swap-free.

What is the Shares account?

XM's Shares page describes this account as a way to buy shares of listed companies, such as large US firms. XM Global lists a $10,000 minimum deposit, and its Shares page shows a maximum leverage of 1, which means no leverage. XM says each client can hold one Shares account.

XM's general FAQ says it does not charge commission, but the client agreement refers to a separate schedule of commissions and charges. If you are looking at the Shares account, check the costs shown in your platform before you trade.

What do all XM accounts have in common?

According to XM Global's pages:

All accounts offer negative balance protection, hedging and an Islamic (swap-free) option.
Scalping is allowed on all account types, and XM says it allows trading around major news.
Leverage goes up to 1000:1, and it falls as account equity rises: up to 1:500 above $40,000, 1:200 above $80,000 and 1:100 above $200,000.
You can hold up to 10 active trading accounts plus 1 Shares account.

The Islamic option has conditions. XM's client agreement says it is only for clients who cannot use swaps for religious reasons, that XM may ask for proof or refuse a request, and that a request converts all of your other live accounts to swap-free too (clause 80).

Which XM account is best?

There is no single answer, and this site does not recommend an account. These questions can help you compare:

Position size: do you want 1,000-unit lots (Micro) or 100,000-unit lots (Standard)?
Costs: compare the spreads XM publishes for Standard and Ultra Low on the instruments you trade.
Overnight trades: if you hold positions overnight, check whether swaps apply to your instruments.
What you trade: the Shares account is for buying company shares and needs a much larger deposit.

You can also try any setup first. XM offers demo accounts, which it closes after 60 days without activity. Trading on a demo is not the same as trading with your own money.