XM – Fees and Spreads

XM – Fees and Spreads

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XM - Fees & Spreads



Our XM Fees and Spreads Revealed:


Fees and Spreads

The spread list that XM offers starts from 0.6 pips on EUR/USD.


XM offers competitive and tight spreads on the trading accounts that are offered to retail traders. The typical spread list that traders can expect when they trade with XM will depend on the financial instrument being traded, the retail account that is being used, and the market conditions when traders carry out trading activities. The spreads that traders can expect include:


  • Micro Account – variable spreads from 1 pip EUR/USD
  • Standard Account – variable spreads from 1 pip EUR/USD
  • XM Ultra-Low Account – variable spreads from 0.6 pips EUR/USD
  • Share Account – according to the underlying exchange and the individual share


XM offers commission-free trading on most of its retail accounts except the Shares Account which has commissions that range from $1 to $9 according to the underlying stock exchange being traded as well as the individual share.


Additional Trading Fees

Overnight fees, also known as swap fees or rollovers, are either credited or debited depending on the financial instrument being held and whether the trader is holding a long or short position. XM charges swap fees on its retail trading accounts unless traders have converted their trading account to that of an Islamic Account.


On the Islamic Account, traders are not subject to earning or paying swap fees, making it the ideal account for Muslim traders who follow Sharia law that prohibits such interest.


XM is not a spread betting broker which means that spread betting fees will not apply.


Broker Fees

XM does not charge any deposit fees or withdrawal fees on any of the payment methods that are offered. However, XM charges inactivity fees on dormant trading accounts. This fee is deducted from the account balance until it reaches zero and the account is subsequently closed when this happens.


There are no other broker fees indicated for XM, but traders must note that conditions can vary and change. Traders are therefore urged to verify the existence of any additional fees before they register a live trading account with XM.


Pros and Cons

Traders have a choice between different retail accounts Fixed spreads are not offered
Deposit fees and withdrawal fees are not charged The spreads are not the tightest
Well-regulated and popular broker with more than 2.5 million registered clients Broker fees such as inactivity fees are charged on dormant accounts
XM offers competitive trading conditions on all trading accounts
Demo account option and Islamic Account are both offered


You might also like: XM Minimum Deposit

You might also like: XM Islamic Account

You might also like: XM Account Types

You might also like: XM Demo Account

You might also like: XM Sign up Bonus




How many instruments can I trade with XM?

You can trade any of the following instruments:

  • Shares
  • Forex
  • Stock CFDs
  • Commodities
  • Equity Indices
  • Metals
  • Energies


Which platforms are supported by XM?

XM supports the use of:

  • MetaTrader 4
  • MetaTrader 5


Does XM offer leverage?

Yes, XM offers leverage according to the account balance of traders as follows:

  • Account balances between $5 up to $20,000 – 1:1 up to 1:888
  • Account balances between $20,001 up to $100,000 – 1:1 up to 1:200
  • Account balances of $100,001 and higher – 1:1 up to 1:100


What spreads can I expect with XM?

You can expect spreads from as low as 0.6 pips EUR/USD on the XM Ultra-Low Account.


Does XM charge commission?

Yes, XM charges commissions between $1 to $9 on the Shares Account according to the underlying stock exchange and the individual share.


Are there additional charges on the Islamic account?

No, there are no additional charges on the Islamic Account.


Is XM regulated and by whom?

Yes, XM is well-regulated by CySEC, IFSC, ASIC, and FCA.


Is XM a recommended forex trading broker for experts and beginners?

Yes, XM is recommended for both experts and beginners.


What is the overall rating out of 10 for XM?