Trading Accounts/Conditions | FAQs – Page 74

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What is the condition of rollover for Forex on MT4 and MT5 accounts?

There will be Rollover at 00:00 in GMT+2(GMT+3 in DST) for Forex pairs. Although, there is no Rollover on Saturdays and Sundays when the markets are closed, banks still calculate interest on any position held over the weekend. And ...

What is the Stop out level(%) in XM Zero account?

XM has set the stop out level to 20% for all account types including XM Zero. Stop out is triggered when your account equity drops below 20% of the margin needed to maintain your open positions, and all positions will be liquidated(cl...

What is the Stop out level in XM MT4 and MT5?

XM has set the stop out level to 20%. Stop out is triggered when your account equity drops below 20% of the margin needed to maintain your open positions, and all positions will be liquidated(closed). Margin call % is 50% where you...

What is the margin call level on XM MT4 and MT5?

XM has set the margin call % to 50%. Margin call is triggered when your account equity drops below 50% of the margin needed to maintain your open positions. Margin call is just a notification, but it does not close your positions y...

Does XM offer fixed spread on MT4 or MT5?

No, all XM's trading accounts are not available for fixed spreads, just like the inter-bank Forex market. The spreads are different for each account. Please refer to the below table. Standard Micro XM Zero Average...

What is the minimum/maximum trading size of oils(energy CFDs) on MT4/MT5?

For the available trading volume for Energy CFDs, please refer to the below table. Available lot size Required Margin per lot GSOIL(London Gas Oil) 1 - 250 35 USD NGAS(Natural Gas) 1 - 100 80 USD OIL(WTI O...

What is the pip/lot value of oils(energy CFD) on MT4/MT5?

The calculation of margin and profit/loss will be made in USD for all energies. Please refer to the below table. Minimum Fluctuation Fluctuation Value 1 lot Value GSOIL(London Gas Oil) 0.01 0.04 USD 4 Tonnes N...

What is the Precious Metals' spread and commission in each XM account types?

For the spread(commission) of Gold and Silvers on XM MT4/MT5, please refer to the below table. Standard Micro XM Zero GOLD 0.48 0.48 0.21(commission 0.01%) SILVER 0.048 0.048 0.035(commission 0.01%) *T...

How to trade Commodity and Index CFDs in XM Zero account?

XM does not offer commodities and indices with XM Zero account. With XM Zero account, you can trade Forex currency pairs and Precious Metals. Spreads and commissions in XM Zero account are different as follows: Forex curre...