Looking for lower trading costs? XMTrading has you covered with the XM Zero Account, designed for traders who prefer the lowest possible spreads.
Lowest Spreads on XM Zero Account
The XM Zero Account boasts spreads that start from 0.0 pip. This means traders get to enjoy competitive pricing and potentially reduce the cost of their trading. The average spreads for some of the most traded currency pairs are:
- EURUSD: 0.3 pips
- AUDUSD: 0.5 pips
- EURGBP: 0.5 pips
In addition to the spreads, there’s a commission fee of $5 per 1 lot. Even with the commissions factored in, the real fee (spread) for trading ranges from 0.5 – 0.8 pips. This makes the XM Zero account more cost-effective compared to other account types, such as the XM Standard and Micro accounts.
XMTrading Zero Account Features
With an XM Zero Account, traders benefit from:
- Base Currency Options: USD, EUR, JPY
- Contract Size: 1 Lot = 100,000
- Commission: $5 per lot
- Maximum open/pending orders per client: 200 Positions
- Minimum trade volume: 0.01 Lots
- Lot restriction per ticket: 50 Lots
- Hedging: Allowed
- Minimum Deposit: $5
The XMTrading Commitment
XMTrading is dedicated to offering tight spreads to all clients, irrespective of their account types and trade sizes. XMTrading operates with variable spreads, mirroring the interbank forex market. They recognize that tight spreads are beneficial to clients only if they can trade with them, which is why they place a high premium on their execution quality.
Instead of imposing trading restrictions around the time of news announcements like many forex brokers who offer fixed spreads do, XMTrading ensures unrestricted trading during news releases.
Benefit from Fractional Pip Pricing
To further enhance trading, XMTrading offers fractional pip pricing, enabling clients to benefit from the smallest price movements by adding a 5th digit (fraction). With fractional pip pricing, you can trade with tighter spreads and get the most accurate quoting possible.
Get started on XMTrading’s Official Website, and experience lower spreads and high-quality execution with an XM Zero Account. For further inquiries, don’t hesitate to reach out to the XM support desk.