XM Micro Account

XM Micro Account

1. XM Micro Account Features

2. About small transactions with XM Micro Account

3. Who is XM Micro Account recommended for?

4. XM Micro Account Notes

5. How to open an XM Micro account

6. How to change from XM Micro Account to Standard Account

7. XM Micro Account FAQ

Learn more about small transactions with Micro accounts

Maximum leverage for Micro accounts is 1:1000

Like the standard account, the XM Micro account allows for high leverage trading of up to 1,000x, the highest level in the industry . XM Micro accounts are basically the same as standard accounts in terms of specifications, except for the amount of currency per lot and the minimum and maximum order quantities, making them an account type that meets the needs of beginner users who want to experience actual trading with low risk.

By applying high leverage of up to 1,000 times, it is possible to hold positions with reduced margin requirements. For example, with a Micro account, most major currency pairs can be opened with a small margin requirement of 1 to 2 yen . In addition, the minimum deposit amount is set low at the equivalent of $5, and the maximum order quantity is 100,000 units, making this account type suitable for trying out real trading with less risk than a Standard account.

Micro accounts can get additional funds through bonuses

With an XMTrading Micro account, just like a standard account, all new account holders receive a 15,000 yen “New Account Opening Bonus (Trading Bonus),” as well as a 100% + 20% “Deposit Bonus” of up to $10,500 (equivalent) depending on the amount deposited, and the “XM Loyalty Program,” which allows you to accumulate points based on the volume of your trades.

XM’s Micro Account allows you to open positions with small amounts, but while a small trading size minimizes the risk of loss, the profits you can earn are also proportionally smaller.One way to make a larger profit is to take advantage of the various bonuses applied to XM’s Micro Account to increase your capital and increase your lot size.

You can check the latest promotions, such as bonus campaigns, on the XM Members page. Detailed instructions on how to check the latest promotions are provided in the XM Members Page User Guide, which includes easy-to-understand illustrations.

On the XM Members Page, you can not only open an account and deposit and withdraw funds, but also change your leverage and access the copy trading page. For detailed instructions on how to use the XM Members Page, please refer to the “XM Members Page User Guide.”

Micro accounts allow trading with small margins

XM’s Micro Account, with a currency amount per lot of 1,000 units, allows you to trade from a minimum of 0.01 units = 10 units. Micro Accounts not only allow for minimum trades in very small units, but also allow for high leverage of up to 1,000 times, so the margin required to trade the minimum lot size (0.01 units) of USD/JPY is just 1 yen.

XM Micro Account Margin Requirements (1,000x Leverage)

1. Calculated based on the exchange rate at the time of writing.
2. The required margin fluctuates depending on the exchange rate, so please check the latest figures when trading.

Therefore, even beginners to overseas FX who are worried about depositing a large amount of margin can try out the XM trading environment with a small amount of capital.In addition, XM offers a 15,000 yen account opening bonus (trading bonus) to those who open a new account, which can be used as margin, so even if you have not yet deposited any money, you can use just the bonus to experience the real trading environment at XM.

Micro accounts that allow small transactions also have smaller profits and losses

The amount of currency per lot in XM’s Micro account is set at 1/100th of that in a Standard account. Therefore, the profit or loss incurred when making an equivalent trade is also 1/100th of that in a Standard account. Specifically, if you trade 1 lot of USD/JPY in a Standard account where 1 lot = 100,000 currency, the profit or loss incurred with a 1 pip price movement will be approximately 1,000 yen. On the other hand, if you make the same trade in a Micro account where 1 lot = 1,000 currency, the profit or loss incurred with a 1 pip price movement will be only about 10 yen.

Trading small amounts with a Micro account reduces the profit you can expect, but on the other hand, even if the rate moves in an unexpected direction, you can minimize your losses, allowing you to trade with low risk . Therefore, a Micro account is recommended for those who are not concerned with profits and simply want to try out XMTrading’s actual trading environment with low risk. If you want to make even larger profits, you can switch from a Micro account to a Standard account.

How to switch from a Micro account to a Standard account

People who want to try overseas FX with low risk by taking advantage of bonuses

XM (XM) offers a 15,000 yen new account opening bonus (trading bonus) to anyone who opens a new account , so you can try out the XM trading environment risk-free without depositing any money into your account . Furthermore, XM’s Micro account allows you to trade with small amounts, so even with margin of just a few thousand yen, you can open positions with ample margin maintenance ratios.

In addition, Micro accounts are eligible for a two-tiered deposit bonus of 100% + 20%, meaning you can receive a bonus of up to $10,500 depending on the amount you deposit. In addition, you will receive bonuses and XM points (XM points) that can be exchanged for cash every time you trade through the loyalty program.

While a Micro account allows you to trade small amounts and reduce risk, it also means smaller profits. However, by taking advantage of XM’s bonus campaigns, you can increase your funds and trade larger amounts. If you are interested in overseas FX and are looking for a trading environment where you can start with low risk, we recommend you try XM’s Micro account.

Additionally, XM is currently running a limited-time double bonus campaign . Not only will your account opening bonus be increased from the usual 3,000 yen to 15,000 yen, but you will also start with Gold status, one rank higher than usual, in the loyalty program. It is rare to have the opportunity to receive an account opening bonus of over 10,000 yen. The account opening bonus will be increased to 15,000 yen for a limited time, so please take advantage of this great campaign.

Differences in maximum order quantities

With XMTrading’s Micro account, the maximum lot size (maximum order number) that can be placed at one time is 100 lots. Standard, KIWAMI, and Zero accounts have a maximum order size of 50 lots, but since the currency amount per lot is 100,000 units, the maximum lot size for a Micro account is equivalent to 1 lot for other account types. Therefore, the actual trade size for Standard, KIWAMI, and Zero accounts is larger than that of a Micro account. If you want to hold a position of more than 100,000 units in a single trade, we recommend switching from a Micro account to a Standard account.

Maximum number of orders for XM Micro Account, Standard Account, KIWAMI Extreme Account, and Zero Account

The maximum total number of orders that can be held simultaneously in a Micro account is 20,000 lots. In terms of the number of lots, a Micro account allows you to trade by dividing into more positions than a Standard account, KIWAMI Goku account, or Zero account. However, due to differences in the amount of currency per lot, the maximum position size that can actually be held simultaneously is larger in a Standard account, KIWAMI Goku account, or Zero account.

Maximum total number of orders for XM Micro Account, Standard Account, KIWAMI Account, and Zero Account

Micro accounts are not available as demo accounts.

XMTrading offers four types of real accounts: Standard Account, Micro Account, KIWAMI Goku Account, and Zero Account. However, only three types of demo accounts are available: Standard Account, KIWAMI Goku Account, and Zero Account. However, MT5 for the KIWAMI Goku Account and demo environments for the Micro Account are not provided. Except for transaction size and minimum and maximum order quantities, trading can be done in the same environment as a Standard Account, so if you would like to try out the demo environment for a Micro Account, we recommend using the demo environment for a Standard Account.

Differences in symbol notation on MT4/MT5

At XMTrading, the symbol notation displayed on the trading platform (MT4/MT5) differs depending on the account type. Standard accounts display “USDJPY,” but currency pairs handled by micro accounts are displayed with “micro” at the end of the symbol code as “USDJPYmicro .” Currency pairs without “micro” are exclusive to standard accounts and cannot be traded from micro accounts. Conversely, currency pairs marked “micro” cannot be traded from standard accounts, so please be aware of the difference in symbol notation.

The XMP earned through loyalty programs will also be reduced by 100 times.

Please note that the currency amount per lot in a Micro account is 1/100 of that in a Standard account, so the XMP (XM points) earned per lot traded through the loyalty program are also 1/100 of that in a Standard account. The difference in XMP earned per round-trip trade of 1 lot between a Micro account and a Standard account is as follows:

XM Micro and Standard Account XMP per lot