Choose from Standard Account, Micro Account, and Zero Account
XM Account Types
XM offers four account types to suit your trading style: Standard Account, Micro Account, KIWAMI Extreme Account, and Zero Account. If you want to make the most of our generous bonuses, we recommend the Standard Account, while if you want to start trading with a small amount, we recommend the Micro Account. Furthermore, if you want to trade with no trading fees and low spreads, we recommend the KIWAMI Extreme Account, and if you want to trade with the tightest spreads, we recommend the Zero Account. Find the account type that suits your trading style and enjoy trading with XM.
The standard account, which allows you to make the most of 1,000x leverage and bonuses, is recommended for a wide range of traders, from beginners to advanced traders.
The micro account, which allows you to trade with a minimum of 10 currencies, is a recommended account type for beginners as it allows you to start trading with a small amount of money.
The KIWAMI Kiwami Account, which offers “ultra-small spreads,” ” no fees,” and “swap-free,” is a recommended account type for traders who want to keep trading costs to an absolute minimum.
The Zero Account, which offers narrow spreads starting from a minimum of “0” pips , is a recommended account type for professional traders and scalping traders.
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There are some currency pairs, such as the Turkish Lira and Swiss Franc, that have maximum leverage restrictions. The FX currency pairs with leverage restrictions are listed below.
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Swiss Franc (CHF) FX related currency pairs: 400x
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Turkish Lira (TRY) FX related currency pairs: 100x
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Hong Kong Dollar (HKD), Offshore Renminbi (CNH), Danish Krone (DKK), Russian Ruble (RUB) FX related currency pairs: 50x
Additionally, for all account types, if your account balance exceeds $40,000 (equivalent), the maximum leverage will be reduced to 500x, to 200x if your account balance exceeds $80,000 (equivalent), and to 100x if your account balance exceeds $200,000 (equivalent).
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Please note that XM KIWAMI Goku Account and Zero Account are not eligible for deposit bonuses and do not receive loyalty program points. However, the new account opening bonus (trading bonus) ofyen can also be received with XM KIWAMI Goku Account and Zero Account.
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[CFD/Stocks] are only available for MT5 accounts. Zero accounts do not offer [FX/Currency Pairs] USD/RMB or [CFD/Cryptocurrency]. [CFD/Thematic Indexes] are only available for MT5 Standard and KIWAMI accounts.
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Trading hours vary depending on the product.Please clickhere for details.
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This is a one-way commission amount based on a USD/JPY transaction. With a Zero Account, commissions are only charged for FX currency pairs and gold/silver transactions. Other CFDs (platinum, palladium, stocks, stock indexes, commodities, energy) can be traded commission-free. Click here to see the trading fees for eachproduct.
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Clickhereto learn how to open an additional account .
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XM (XMTrading) allows hedging only within the same account. Please be aware of negative swaps if you hold for the long term. Please seeherefor the rules for hedging established by XM (XMTrading) .
At XMTrading, trading conditions vary depending on the account type (Standard, Micro, KIWAMI, Zero). There are differences in “bonus receiving conditions,” “maximum leverage,” “trading size,” “spreads and trading fees,” “symbol names,” etc., so the recommended account type will change depending on your desired trading conditions.
Different bonuses are available for different account types
The conditions for receiving XMTrading bonuses vary depending on the account type. To take advantage of all bonuses, we recommend the Standard and Micro accounts. For KIWAMI Goku and Zero accounts, only the new account opening bonus (trading bonus) is available. For KIWAMI Goku and Zero accounts, deposit bonuses and loyalty programs (trading points) are not available .
New account opening bonus (trading bonus) |
Deposit Bonus | Loyalty Program | |
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Standard Account |
available |
available |
available |
Micro Account |
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KIWAMI polar account |
not available |
not available |
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Zero Account |
スタンダード口座 |
|
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新規口座開設 ボーナス |
利用可能 |
入金 ボーナス |
利用可能 |
ロイヤルティ プログラム |
利用可能 |
マイクロ口座 |
|
新規口座開設 ボーナス |
利用可能 |
入金 ボーナス |
利用可能 |
ロイヤルティ プログラム |
利用可能 |
KIWAMI極口座 |
|
新規口座開設 ボーナス |
利用可能 |
入金 ボーナス |
利用不可 |
ロイヤルティ プログラム |
利用不可 |
ゼロ口座 |
|
新規口座開設 ボーナス |
利用可能 |
入金 ボーナス |
利用不可 |
ロイヤルティ プログラム |
利用不可 |
You can check the latest bonus campaigns on XM’s official mobile app, the “XMTrading app.” For detailed instructions on how to check the latest bonus campaigns on the XM app, please see the links below, which include easy-to-understand illustrations for both iOS and Android.
Use the XM app to enjoy more convenient account management and smooth trading on the go. For detailed instructions on how to use the XM app, please refer to the “XM App User Guide.”
Currently, the iOS version of the XMTrading app cannot be installed.
The maximum leverage available varies depending on the account type.
The maximum leverage available at XMTrading varies depending on the account type. If you wish to trade with up to 1,000x leverage, one of XM’s attractions, we recommend the Standard Account, Micro Account, or KIWAMI Account . With the Zero Account, you can use up to 500x leverage.
Maximum Leverage | ||||
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Balance 5 to 40,000 USD |
Balance 40,001 to 80,000 USD |
Balance 80,001 – 200,000 USD |
Balance of 200,000 USD or more |
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Standard Account |
1,000 times |
500 times |
200 times |
100 times |
Micro Account |
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KIWAMI polar account |
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Zero Account |
500 times |
スタンダード口座 |
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残高 5~ 40,000USD |
1,000倍 |
残高 40,001~ 80,000USD |
500倍 |
残高 80,001~ 200,000USD |
200倍 |
残高 200,000 USD以上 |
100倍 |
マイクロ口座 |
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残高 5~ 40,000USD |
1,000倍 |
残高 40,001~ 80,000USD |
500倍 |
残高 80,001~ 200,000USD |
200倍 |
残高 200,000 USD以上 |
100倍 |
KIWAMI極口座 |
|
残高 5~ 40,000USD |
1,000倍 |
残高 40,001~ 80,000USD |
500倍 |
残高 80,001~ 200,000USD |
200倍 |
残高 200,000 USD以上 |
100倍 |
ゼロ口座 |
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残高 5~ 40,000USD |
500倍 |
残高 40,001~ 80,000USD |
500倍 |
残高 80,001~ 200,000USD |
200倍 |
残高 200,000 USD以上 |
100倍 |
The trading size (number of currencies) of 1 lot varies depending on the account type.
The trading size (number of currencies) per lot at XMTrading varies depending on the account type. The Micro account has the smallest number of currencies per lot . The minimum and maximum trading sizes are also smaller than the Standard account, KIWAMI account, and Zero account, so the Micro account is recommended for those who want to start trading with small amounts.
Currency amount per lot | Minimum Trade Size | Maximum Trade Size | |
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Standard Account |
100,000 currency |
0.01 lot (1,000 units) |
5 million currency |
Micro Account |
1,000 currencies |
MT4: 0.01 lot (10 currencies) MT5: 0.1 lot (100 units) |
100,000 currency |
KIWAMI polar account |
100,000 currency |
0.01 lot (1,000 units) |
5 million currency |
Zero Account |
100,000 currency |
0.01 lot (1,000 units) |
5 million currency |
スタンダード口座 |
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1ロットの 通貨量 |
10万通貨 |
最小取引 サイズ |
0.01ロット |
最大取引 サイズ |
500万通貨 |
マイクロ口座 |
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1ロットの 通貨量 |
1,000通貨 |
最小取引 サイズ |
MT4:0.01ロット MT5:0.1ロット |
最大取引 サイズ |
10万通貨 |
KIWAMI極口座 |
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1ロットの 通貨量 |
10万通貨 |
最小取引 サイズ |
0.01ロット |
最大取引 サイズ |
500万通貨 |
ゼロ口座 |
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1ロットの 通貨量 |
10万通貨 |
最小取引 サイズ |
0.01ロット |
最大取引 サイズ |
500万通貨 |
Different account types have different spreads and trading fees
XMTrading’s fee structure, including spreads and trading fees, varies depending on the account type . The fee structure is the same for Standard, Micro, and KIWAMI accounts, but the Zero account has narrower spreads than these account types and incurs a trading fee of 5 currencies one way (10 currencies round trip) for each lot traded. If you want to trade without incurring trading fees, we recommend an account type other than the Zero account.
Average Spread | Transaction fee (Note 1) | |
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Standard Account |
USD/JPY: 2.5 pips EUR/USD: 1.6 pips |
none |
Micro Account |
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KIWAMI polar account |
USD/JPY: 1.2 pips EUR/USD: 1.0 pips |
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Zero Account |
USD/JPY: 0.2 pips EUR/USD: 0.2 pips |
5 USD/1 lot |
スタンダード口座 |
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平均 スプレッド |
USD/JPY:2.5 pips EUR/USD:1.6 pips |
取引 手数料 |
なし |
マイクロ口座 |
|
平均 スプレッド |
USD/JPY:2.5 pips EUR/USD:1.6 pips |
取引 手数料 |
なし |
KIWAMI極口座 |
|
平均 スプレッド |
USD/JPY:1.2 pips EUR/USD:1.0 pips |
取引 手数料 |
なし |
ゼロ口座 |
|
平均 スプレッド |
USD/JPY:0.2 pips EUR/USD:0.2 pips |
取引 手数料 |
5 USD/1ロット(*) |
This is a one-way commission amount based on a USD/JPY transaction. With a Zero Account, commissions are only charged for FX currency pairs and gold/silver transactions. Other CFDs (platinum, palladium, stocks, stock indexes, commodities, energy) can be traded commission-free. Click here to see the trading fees for each product .
The name of the stock varies depending on the account type.
The stock names are different for Standard Account, Micro Account, KIWAMI Goku Account, and Zero Account .
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Standard Account
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Micro Account
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KIWAMI polar account
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Zero Account
Standard accounts have only the name of the stock ( USDJPY ), Micro accounts have stocks with the notation “micro” ( USDJPYmicro ), KIWAMI accounts have stocks with the notation “#” ( USDJPY# ), and Zero accounts have stocks with the notation ” USDJPY .” Please note that although Standard account stocks will be displayed in Micro accounts, KIWAMI accounts, and Zero accounts, they cannot be traded.
Copy trading requires a dedicated “investor account”
XM offers copy trading that anyone can use. With XM copy trading, you can automatically copy the trades of experienced professional traders and aim for profits. To copy trade, you will need to open an “Investor Account” in addition to your regular trading account . If you wish to offer copy trading strategies, you will also need to open a “Strategy Manager Account.” Both “Investor Accounts” and “Strategy Manager Accounts” for copy trading are standard account types with USD as the base currency, and do not count towards XM’s maximum limit of eight accounts.
All account types adopt the “zero cut method”
XM employs a zero-cut system for all account types, including Standard, Micro, KIWAMI, and Zero accounts . The zero-cut system means that customers are not required to make margin calls even if losses exceed the account’s available margin due to sudden price fluctuations. The zero-cut system is a service designed to protect customers’ assets, and XM will cover the full amount of losses that exceed the available margin . Trading with XM is recommended for those who wish to trade while reducing the risk of loss using the zero-cut system.
Make effective use of margin! Stop loss level 20%
XMTrading’s stop loss level (*) is set at 20%. This is a low figure among FX brokers, and XM makes it less likely that a forced stop loss (the FX broker will forcibly close your position) will occur. With high leverage of up to 1,000 times (Micro Account, Standard Account, KIWAMI Account) and a low stop loss level of 20%, you can make effective use of your deposited margin.
The stop loss level is the level at which a position will be forced to stop out if a loss exceeds a certain level. The stop loss level is determined based on the account’s margin maintenance rate (effective margin ÷ required margin x 100).
Click here for an explanation of XM’s stop loss
Trade FX, precious metals, stocks, stock indices, commodities and energy
All account types allow you to trade the six types of trading products handled by XMTrading (FX, precious metals, stocks, stock indices, commodities, and energy). Trading products include 55 FX currency pairs (*) , 7 precious metals, 1,313 stocks , 31 stock index CFDs , 8 commodities, and 8 energy products , allowing you to trade a wide range of products. Stock CFDs are only available on MT5.
Furthermore, a total of 58 cryptocurrency CFDs can be traded with MT5 Standard and KIWAMI Kyoku accounts . 28 cryptocurrency products can be traded with Micro accounts and MT4 Standard and KIWAMI Kyoku accounts. 8 thematic index CFDs can be traded with MT5 Standard and KIWAMI Kyoku accounts .
The Zero Account has 54 FX currency pairs (USD/RMB not available).
XMTrading has four account types: the “Standard Account” and “Micro Account,” which have almost the same trading conditions except for the amount of currency per lot; the “KIWAMI Account,” which has almost the same conditions as the “Standard Account” but different trading conditions such as the granting of bonuses; and the “Zero Account,” which has significantly different trading conditions such as maximum leverage and the granting of bonuses.
What account type do you recommend?
The recommended account type varies depending on your trading style. Depending on your investment capital, experience, and trading method, you can choose the account type that best suits you from the four account types: Standard, Micro, Kiwami, and Zero.
Recommended account types for different trading styles
XM Standard |
XM Micro |
XM KIWAMI Kiwami |
XM Zero |
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Case 3 |
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Case 4 |
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スタンダード |
マイクロ |
KIWAMI極 |
ゼロ |
case 1 |
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case 2 |
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case 3 |
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case 4 |
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Recommended for those who want to start overseas FX with small investments
If you want to experience overseas FX with a small amount of capital at first, we recommend the “Micro Account .” Compared to the “Standard Account,” “KIWAMI Account,” and “Zero Account,” the “Micro Account” has a lower set amount of currency per lot , allowing you to trade in small volumes per transaction.
The “Micro Account” is designed for small investments and is the only one of XM’s four account types that allows trading of 1,000 units or less . To allow first-time XM users to trade without risk, the minimum initial deposit for all four account types has been reduced to the equivalent of $5. Even with a “Micro Account,” you can trade up to 100,000 units per position (100 lots for a Micro Account), making it recommended for customers who want to set fine-grained lots for small to medium-sized positions.
If you are accustomed to trading with a “Micro Account,” we recommend that you apply for an additional account and open a “Standard Account.” A “Standard Account” allows you to trade over 1,000 currencies, allowing for more dynamic trading than a “Micro Account.”
If you are accustomed to trading with a “Micro Account,” why not apply for an additional account and open a “Standard Account”? A “Standard Account” allows you to trade over 1,000 currencies, allowing for more dynamic trading than a “Micro Account.”
Recommended for those who want to trade using scalping or high-speed trading
For those looking for scalping or high-speed trading, we recommend the “XM KIWAMI Account .” The “XM KIWAMI Account” offers extremely narrow spreads starting from 0.6 pips with no transaction fees .
Scalping is a method of making trades over short periods of time, from a few seconds to a few minutes, and accumulating small profits. Compared to day trading, which holds positions for a few hours, or swing trading, which trades over long periods of several days, scalping makes less profit per trade, so the lower the spread, the greater the profit and the more advantageous it is.
XM’s “KIWAMI Goku Account” has narrower spreads than the “Standard Account” and “Micro Account.” The “Zero Account,” which also offers low spreads, incurs additional external fees, but the KIWAMI Goku Account has no trading fees, making it recommended for those who want to keep their total trading costs to a minimum. Of the account types offered by XM, this is the lowest-cost account type for trading, and allows for leverage of up to 1,000x , making it recommended for trading methods that involve accumulating small profits.
Recommended for those who want to make the most of XM bonuses
For those who want to make the most of XM’s bonuses, we recommend the “XM Standard Account” and “XM Micro Account .” The “Standard Account” and “Micro Account” are account types that allow you to use all three types of bonuses offered by XM and make the most of the bonus benefits when trading.
XM offers three types of bonuses: the “XM New Account Opening Bonus (Trading Bonus)” worth 15,000 yen, which is available to all new XM account holders; the “XM Deposit Bonus” of 100% + 20% up to a maximum of $10,500 (equivalent) depending on the amount deposited; and the “XM Loyalty Program (Trading Points),” which allows you to accumulate points based on the volume of your trades.
Of the four XMTrading account types, only the Standard and Micro accounts can receive all three bonuses . KIWAMI and Zero accounts can only receive the “XM Account Opening Bonus” and are not eligible for the “XM Deposit Bonus” or “XM Loyalty Program.”
For customers who wish to make the most of their bonuses when trading , we recommend the “Standard Account” or “Micro Account.”
Recommended for those who want to trade with high leverage of 1,000 times.
For those who wish to trade dynamically using high leverage, we recommend the “Standard Account,” “Micro Account,” or “KIWAMI Goku Account .” The “Standard Account,” “Micro Account,” and “KIWAMI Goku Account” allow for leverage trading of up to 1,000x , provided by XMTrading .
At XM, the maximum leverage for the “Standard Account,” “Micro Account,” and “KIWAMI Goku Account” is set at 1,000x, and the maximum leverage for the “Zero Account” is set at 500x. Therefore, for customers who desire high leverage, the “Standard Account,” “Micro Account,” and “KIWAMI Goku Account” are recommended account types.
The higher the leverage, the lower the margin required to hold a position, allowing you to trade larger volumes with the same amount of margin deposited in your account.
Example: Difference in required margin for 10,000 units due to different leverage (when USD/JPY exchange rate is 110 JPY)
Maximum leverage (*) > | Margin Requirements | ||
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Standard Account | 1,000 times | 1,000 yen |
Micro Account | |||
KIWAMI polar account | |||
Zero Account | 500 times | 2,200 yen | |
(Reference) Domestic FX broker | 25 times | 44,000 yen |
スタンダード口座 |
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最大レバレッジ |
1,000倍 |
必要証拠金 |
1,000円 |
マイクロ口座 |
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最大レバレッジ |
1,000倍 |
必要証拠金 |
1,000円 |
KIWAMI極口座 |
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最大レバレッジ |
1,000倍 |
必要証拠金 |
1,000円 |
ゼロ口座 |
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最大レバレッジ |
500倍 |
必要証拠金 |
2,200円 |
(参考)国内FX業者(注:1) |
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最大レバレッジ |
25倍 |
必要証拠金 |
44,000円 |
The maximum leverage offered by domestic FX brokers is for individual transactions. The maximum leverage varies for corporate transactions.
The higher the maximum leverage, the less margin you need to hold a position . The high-leverage “Standard Account,” “Micro Account,” and “KIWAMI Account” are recommended because they allow you to hold positions with nearly half the margin required compared to the “Zero Account.”
Compared to domestic FX brokers with a leverage of 25x, a trade of 10,000 units requires a margin of 44,000 yen, and a trade of 20,000 units requires twice as much, or 88,000 yen. The higher the leverage, the more profitable the trades can be with less margin.
With XM, you cannot change your account type after opening an account. Therefore, if you are interested in a different account type or would like to try trading with a different account, we recommend opening an additional account . Each customer can hold up to eight accounts , so you can easily open an additional account of the account type you desire . Even if your total exceeds eight accounts, you can open a new additional account by canceling an account from the “Member Page.” You can also open an additional XM account from the XM app. This is a convenient and recommended app, as you can easily open an additional account anytime, anywhere from your smartphone or tablet.
What is an additional account?
An additional account is when a customer who already has an account with XMTrading opens another account with a different account type, trading tool, etc. Opening an additional account can be done in just a few minutes from the “Member Page.”
With additional accounts, you can select five items, including not only the account type but also the trading platform type, allowing you to open an account that meets your desired conditions.
Five items that can be selected for additional accounts
① Trading platform type | You can choose MetaTrader4 (MT4) or MetaTrader5 (MT5) . |
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② Account type | You can choose from the Standard Account, Micro Account, KIWAMI Account, and Zero Account. |
③ Account base currency | You can choose the currency in which your account balance will be displayed: Euros, Dollars, or Japanese Yen. |
④ Leverage | You can set the leverage you want to use within the range of the maximum leverage available for each account type. If you do not have any particular preference, please select the maximum leverage (1,000x or 500x). |
⑤ Trading Bonus | You can choose whether or not you want to receive the bonus. If you choose “I don’t want to receive the bonus,” the bonus will not be credited to your account. |
For example, if you fall into any of the following situations, we recommend that you open an additional account.
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I was using a micro account, but my trading volume has increased, so I want to switch to a standard account.
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I’ve been using a standard account, but I want to open a zero account because I want to do scalping.
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I have been using the KIWAMI Extreme Account and Zero Account, but I would like to open a Standard Account to trade using bonuses.
If you would like to open an additional account, please apply here.
In addition, to open an additional account, you will need to activate your account. To ensure a smooth process when opening an additional account, we recommend that you activate your account in advance. If you have not yet activated your account, please follow the activation procedure below.
Click here to activate your XM real account
Detailed instructions on how to open an additional account are provided in the XM Member 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.”
Open an additional account from the XM app
XM’s official mobile app, the “XM App,” allows you to open additional accounts with simple operations. The XM App is compatible with smartphones and tablet devices and is a recommended multi-functional app that allows you to easily manage all your accounts within one app.
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Currently, the XMTrading app cannot be installed. If you have already installed it, you can continue to use it.
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Are there differences in trading fees and spreads for each XM account type?
Yes, trading fees and spreads vary depending on the account type at XM. Zero Accounts have narrower spreads than other account types, but incur trading fees of 5 currencies one way (10 currencies round trip). Kiwami Accounts have the narrowest swap point spreads of all account types, excluding Zero Accounts.
read more
2023.02.10
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How do I choose an XM account type?
At XM, each account is different, so we recommend choosing an account type that suits your trading style. Please choose an account that suits your desired trading style, taking into consideration your trading experience and investment capital. Furthermore, XM allows you to hold up to eight accounts, so you can try out multiple account types.
read more
2023.02.10
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Please tell me the differences between XM’s account types.
XM offers four account types: Standard Account, Micro Account, KIWAMI Account, and Zero Account. Each account type has different bonus types, maximum leverage, trading size per lot, trading fees, etc. The Zero Account in particular has significantly different trading conditions compared to other account types.
read more
2023.02.10
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Can I check my XM account type?
Yes, you can check your account type on the XM member page. Go to “Account Overview” or “My Account” on the home screen to check your trading account platform (MT4/MT5), account type (Micro, Standard, KIWAMI, Zero), and base currency (JPY, USD, EURO).
read more
2023.02.10
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Can I change my XM account type?
No, XM does not allow you to change your account type. If you wish to change your account type, you will need to open an additional account of the desired account type. Please note that each person can hold up to eight XM accounts (one new account and seven additional accounts).
read more
2023.02.10
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What kind of account is XM’s KIWAMI Goku account?
XM’s KIWAMI Goku Account is a low-spread account that offers no trading fees and no swaps. The KIWAMI Goku Account offers high leverage of up to 1,000x while minimizing costs, making it recommended for a wide range of traders, from beginners to intermediate and advanced traders.
read more
2022.10.27
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What kind of account is an XM Zero Account?
XM’s Zero Account is an account that features narrow spreads and is recommended for scalpers. Please note that only the new account opening bonus (trading bonus) offered by XM applies to the Zero Account, and the deposit bonus and loyalty program do not apply.
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2020.06.16
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What is an XM Micro account?
XM’s Micro Account allows you to trade with a minimum of 10 currencies, and is recommended for beginners and those who want to try trading with small amounts. In addition, like the Standard Account, the Micro Account is an account that allows you to receive all bonuses held by XM.
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2020.06.16
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How many account types does XM have?
XM offers four types of accounts: Standard Account, Micro Account, KIWAMI Goku Account, and Zero Account. The Standard Account, Micro Account, and KIWAMI Goku Account are free of trading fees, while the Zero Account features narrower spreads than the other three accounts, but does incur trading fees.
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2020.06.16
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What kind of account is an XM Standard Account?
Of the three account types offered by XM, XM’s Standard Account is the most popular among customers. In addition to offering high leverage of up to 1,000x, you can also receive all bonuses offered by XM. This account type is recommended for beginners and those who are unsure which account type to choose.
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2020.03.25