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 Zero Account of CFDs, Commodities, Forex, Precious Metals, Stock Indices, Stocks (Shares) (MetaTrader 4, MetaTrader 5/Electronic Communication Network (ECN)) offered by XM.
Type and Conditions
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General Trading Conditions
By opening an XM Zero Account with XM, you can trade CFDs, Commodities, Forex, Precious Metals, Stock Indices, Stocks (Shares) through MetaTrader 4, MetaTrader 5 trading platform.
Mainly XM XM Zero account offers Electronic Communication Network (ECN) execution model, the maximum leverage is 1:500, spread is Variable from 0.0 pips.
Available Base Currencies
The account bsse currency is only available in EUR (Euro), JPY (Japanese Yen), 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 Zero 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 Zero 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 |