XM - XM Ultra Low Standard Account
XM - What's now?
XM has updated the maximum leverage to 1:1000 in June 2022.
Leverage 1:1000 does not apply to client registered under the EU regulated entity of the Group. The maximum leverage for Trading Point of Financial Instruments is 30:1.
About the XM Ultra Low Standard Account of Commodities, Cryptocurrencies, Energies, Forex, Precious Metals, Stock Indices, Stocks (Shares) (MetaTrader 4, MetaTrader 5/No Dealing Desk (NDD)) offered by XM.
Type and Conditions
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General Trading Conditions
By opening an XM Ultra Low Standard Account with XM, you can trade Commodities, Cryptocurrencies, Energies, Forex, Precious Metals, Stock Indices, Stocks (Shares) through MetaTrader 4, MetaTrader 5 trading platform.
Mainly XM XM Ultra Low Standard account offers No Dealing Desk (NDD) execution model, the maximum leverage is 1:1,000, spread is Floating from 0.6 pips.
Available Base Currencies
The account bsse currency is only available in AUD (Australian Dollar), CHF (Swiss Franc), EUR (Euro), GBP (British Pound), HUF (Hungary Forint), PLN (Poland Zloty), USD (US Dollar).
Negative Balance Protection
XM adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.
Margin call & Stop out
In the XM Ultra Low Standard Account, Margin call is 50% and Stop out is set to 20%, so all your positions will be automatically closed when the margin level reaches down to 20%.
Allow Trading Strategies
XM allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of XM Ultra Low Standard Account.
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XM Trading Accounts Comparison
Here are the details of all Forex trading accounts of XM.
Types | XM Zero | XM Ultra Low Standard | XM Ultra Low Micro | Standard | Micro |
---|---|---|---|---|---|
Rating | |||||
Platforms | |||||
Business Model (Execution) | |||||
Min Deposit | $200 | $5 | $5 | $5 | $5 |
Max Leverage | 500:1 | 1,000:1 | 1,000:1 | 1,000:1 | 1,000:1 |
Details/Link | Learn More | Learn More | Learn More | Learn More | Learn More |