XMTrading (often called XM) offers four live accounts, and the names alone do not tell you which one to open. Account type cannot be changed after opening, so the first choice matters.
The short answer: Standard and Micro suit a simple start, KIWAMI lowers the spread, and Zero adds a commission in exchange for a spread from 0 pips. We checked the official account types page on 20 October 2026. All four list a minimum deposit of USD 5.
Below you will find a side-by-side table, the points that differ, and a checklist for choosing.
XMTrading account types: which one fits you
- Standard: from 1.0 pips, no trading commission, up to 1:1000. The default account created at registration.
- Micro: same published terms as Standard. This site lists it for traders who want smaller trading units.
- KIWAMI: from 0.6 pips, no trading commission, up to 1:1000. The deposit bonus is marked as not applicable.
- Zero: from 0 pips plus a commission, up to 1:500. The deposit bonus is marked as not applicable.
- All four: USD 5 minimum deposit, 20% stop out, swap-free, base currency USD, EUR or JPY.
If you want the simplest start, Standard fits. If you want a lower spread without a commission, compare KIWAMI. If you want to compare spread and commission together, Zero is the account to check.
XM account types side by side: spread, commission and leverage
| Account | Spread | Commission | Max leverage |
|---|---|---|---|
| Standard | From 1.0 pips | No trading commission* | Up to 1:1000* |
| Micro | From 1.0 pips | No trading commission* | Up to 1:1000* |
| KIWAMI | From 0.6 pips | No trading commission* | Up to 1:1000* |
| Zero | From 0 pips | USD 10 per USD 100,000 traded* | Up to 1:500* |
※ * Terms apply. Spreads are the tightest published values and vary with the market.
The spread is the gap between the buy and sell price, and it is a trading cost. A commission is a separate fee charged per trade. Zero shows a low spread, but the commission is part of the real cost.
XM Standard and Micro account: what is the difference
On the official page, the Standard and Micro accounts show the same published terms. Both list a spread from 1.0 pips, a USD 5 minimum deposit and a 20% stop out. Both list a 100% deposit bonus, subject to the terms.
- Standard is the account created automatically at registration, with 1000:1 leverage and JPY as the base currency.
- Micro is listed on this site for traders who want to consider smaller trading units.
- The contract size of each account is not stated on the account types page. Check it in the client portal before you trade.
Because the published conditions are the same, the practical difference between Standard and Micro is the trading unit. Confirm the unit shown in the client portal first.
XM Zero account and KIWAMI account explained
XM Zero account: from 0 pips with a commission
- Spread: from 0 pips.
- Commission: USD 10 per USD 100,000 traded (terms apply).
- Maximum leverage: 1:500, lower than the other three accounts.
- Deposit bonus: marked as not applicable on the official page.
XM KIWAMI account: from 0.6 pips, no commission
- Spread: from 0.6 pips, tighter than Standard and Micro.
- Commission: no trading commission (terms apply).
- Maximum leverage: 1:1000.
- Deposit bonus: marked as not applicable on the official page.
All four accounts show an account-opening bonus on the official page. The deposit bonus is listed for Standard and Micro only. This column does not list bonus amounts. Read the current bonus terms before you rely on any offer.
Conditions shared by every XMTrading account
| Item | Details |
|---|---|
| Minimum deposit | USD 5 on all four accounts |
| Stop out | 20% on all four accounts |
| Base currency | USD, EUR or JPY |
| Swap | Swap-free listed on all four accounts |
| Platforms | MT4, MT5 and the XMTD TraderPro app |
| Additional accounts | Up to 10 live and 5 demo accounts with the same personal details |
| Changing account type | Not possible; open an additional account instead |
A stop out is the margin level at which open positions are closed automatically. XMTrading lists 20% for every account type. Leverage and margin conditions can still differ by account and balance.
How to choose and change an XM account type
- 01Decide what cost matters to you
Choose between a simple spread-only cost (Standard, Micro, KIWAMI) and a spread plus commission (Zero).
- 02Check the leverage you need
Zero is capped at 1:500. The other three list up to 1:1000, with conditions.
- 03Register and verify
Registration creates a Standard account first. Verify your profile to activate it.
- 04Add the account you want
After verification, open an additional account of any type from the XMTrading portal or the XMTD TraderPro app.
To find your account number and trading server, log in to the portal, select the account and open the MetaTrader login details. You need both to log in to MT4 or MT5.
Cautions before you open an XMTrading account
- Leverage can enlarge losses as well as profits.
- Spreads, commissions, leverage and promotion terms differ by account type.
- The applicable entity and licence are shown at registration. Check them on that screen.
- Conditions change, so confirm the current terms on the official site and in the client portal.
Forex and derivative trading carries a very high risk of losing your invested capital. This column is not investment advice.
Frequently asked questions
Q. What are the XMTrading account types?
A. XMTrading lists four live accounts: Standard, Micro, Zero and KIWAMI. All four show a USD 5 minimum deposit and a 20% stop out. Spread, commission and maximum leverage differ by account.
Q. Does the XM Zero account have a lower leverage limit?
A. Yes. The official page lists up to 1:500 for Zero, against up to 1:1000 for Standard, Micro and KIWAMI. Leverage conditions can also depend on the account and balance.
Q. What is the XM KIWAMI account spread?
A. The official page lists a spread from 0.6 pips for KIWAMI, with no trading commission (terms apply). Standard and Micro list from 1.0 pips. Check live spreads in the platform.
Q. Can I change my XMTrading account type?
A. No. The official page says an account type cannot be changed. You can open an additional account of any type from the XMTrading portal or the XMTD TraderPro app after verification.
Q. How many XM accounts can I have?
A. The official page (checked 20 October 2026) says you can hold up to 10 live accounts and 5 demo accounts at the same time with the same personal details. Open additional accounts after you log in to the portal or the app. Limits can change, so confirm the current figure in the portal.
Sources and conditions
FX Textbook is an independent information site, not a broker or provider of personal investment advice. Forex and CFDs involve risk. You may lose some or all of your invested capital. No trading result is guaranteed.
NEXT STEP
Pick the account type first, then review XMTrading details
Compare the four accounts against your cost and leverage needs. Then check the broker information page for the full conditions.
Brokers covered in this column
Account types, trading conditions and current offers are on each broker page.