XM does not provide services to residents of the United States of America.
XM Zero Account Features
Our new account type, XM Zero, features ultra-thin spreads as low as zero pips, along with XM's no re-quotes execution policy. Our clients can choose to open an XM Zero Account in USD, JPY or EUR base currencies and trade over 50 currency pairs, as well as gold and silver on MT4 and MT5 for Windows, Mac, iPhone, iPad and Android powered devices.
- Spreads as low as 0 pips
- 10 Trading Platforms
- Available for MT4 and MT5
- 1 Click Trading
- VPS Service
- Zero Fees on Deposits and Withdrawals
Spreads as low as 0
10 Trading Platforms
Hedging allowed
EAs allowed
EUR/USD
AS LOW AS
0
Average Spread 0.1 Pips
USD/JPY
AS LOW AS
0
Average Spread 0.1 Pips
EUR/JPY
AS LOW AS
0
Average Spread 0.6 Pips
GBP/USD
AS LOW AS
0
Average Spread 0.4 Pips
FAQ for XM Zero Accounts
Expand All|Collapse All
In what base currency options can I open an XM Zero Account?
You can open an XM Zero account in USD, EUR or JPY.
Do XM Zero Accounts include commissions?
Yes, they do. The commission for the XM Zero Account is $3.5 per $100,000 traded.
The commission fee for the MT4 platform is deducted from the account during the opening of the transaction for both operations at once (opening and closing).
The commission fee for the MT5 platform is deducted from the account during the opening and the closing of the transaction.
The commission fee for the MT4 platform is deducted from the account during the opening of the transaction for both operations at once (opening and closing).
The commission fee for the MT5 platform is deducted from the account during the opening and the closing of the transaction.
If I am an existing XM Account Holder, can I also open a XM Zero Account?
Yes, you can do so through the Members Area.
What is the maximum leverage for XM Zero Accounts?
500:1
Can I use all XM platforms to trade on XM Zero Account?
Yes, you can. You can use MT4 and MT5 for Windows, Mac, iPhone, iPad and Android devices.
Is the XM Zero Account entitled to the Zero Fees Policy on Deposits and Withdrawals?
Yes.
Which instruments can be traded with XM Zero account spreads?
The full list of instruments available can be viewed in the table below.
Can I apply for free VPS with an XM Zero Account?
Yes, you can.
Can I transfer funds from a Micro or Standard account to an XM Zero Account?
Yes, you can. However, please note that any deposit bonuses granted will be removed.
Need Help?
Please feel free to contact our Live Chat here or support desk at support@xm.com.
Examples of the commission fee calculation (XM Zero Accounts only)
Example 1
To position Buy 3 lots USD/JPY, the transaction volume is 300,000 USD. Considering that for a USD 100,000 transaction size commission is charged for both opening and closing the position at USD 3.5 each, for this transaction it will be: 2 x (3.5 x 300,000 / 100,000) = 21 USD. The commission fee is deducted from the account during the opening of the transaction for both the operations at once (opening and closing).
Example 2
For a “Buy 2 lots EUR/USD” position the transaction size is 200,000 EUR which corresponds to 220,000 USD, given a EUR/USD exchange rate of 1.10000. Considering that for a USD 100,000 transaction size commission is charged for both opening and closing the position at USD 3.5 each, for this transaction it will be: 2 x (3.5 x 220,000 / 100,000) = 15.4 USD. The commission fee is deducted from the account during the opening of the transaction for both the operations at once (opening and closing).
XM Zero — Spreads and conditions
| Spreads* | Swap Value in Points** | ||||||
|---|---|---|---|---|---|---|---|
| Currency Pair | Minimum Price Fluctuation |
Average | Commission per 100,000 USD traded***** | Long | Short | Value of 1 lot | Limit and Stop Levels*** |
| GBPJPY. | 0.001 | 0.012 | 3.5 USD | 14.25 | -24.95 | 100,000 GBP | 0 |
| GBPNZD. | 0.00001 | 0.00043 | 3.5 USD | -15.01 | -8.31 | 100,000 GBP | 0 |
| USDJPY. | 0.001 | 0.001 | 3.5 USD | 14.18 | -22.62 | 100,000 USD | 0 |
| NZDUSD. | 0.00001 | 0.0001 | 3.5 USD | -3.2 | -2.4 | 100,000 NZD | 0 |
| GBPUSD. | 0.00001 | 0.00002 | 3.5 USD | -6.25 | -0.55 | 100,000 GBP | 0 |
| AUDCAD. | 0.00001 | 0.0001 | 3.5 USD | -5.95 | -2.32 | 100,000 AUD | 0 |
| AUDCHF. | 0.00001 | 0.00011 | 3.5 USD | 1.49 | -7.71 | 100,000 AUD | 0 |
| AUDJPY. | 0.001 | 0.012 | 3.5 USD | 4.73 | -13.47 | 100,000 AUD | 0 |
| AUDNZD. | 0.00001 | 0.00017 | 3.5 USD | -10.3 | -3.4 | 100,000 AUD | 0 |
| AUDUSD. | 0.00001 | 0.00004 | 3.5 USD | -4.82 | 0.18 | 100,000 AUD | 0 |
| CADCHF. | 0.00001 | 0.00019 | 3.5 USD | 3.37 | -9.27 | 100,000 CAD | 0 |
| CADJPY. | 0.001 | 0.014 | 3.5 USD | 7.89 | -15.71 | 100,000 CAD | 0 |
| CHFJPY. | 0.001 | 0.011 | 3.5 USD | -2.73 | -10.93 | 100,000 CHF | 0 |
| CHFSGD. | 0.00001 | 0.00235 | 3.5 USD | -33.21 | -5.71 | 100,000 CHF | 0 |
| EURAUD. | 0.00001 | 0.00009 | 3.5 USD | -10.66 | -4.76 | 100,000 EUR | 0 |
| EURCAD. | 0.00001 | 0.00009 | 3.5 USD | -11.78 | -0.48 | 100,000 EUR | 0 |
| EURCHF. | 0.00001 | 0.00009 | 3.5 USD | 1.03 | -10.27 | 100,000 EUR | 0 |
| EURDKK.**** | 0.00001 | 0.00225 | 3.5 USD | -65.95 | -80.25 | 100,000 EUR | 0 |
| EURGBP. | 0.00001 | 0.00003 | 3.5 USD | -5.51 | 0.29 | 100,000 EUR | 0 |
| EURHKD.**** | 0.00001 | 0.002 | 3.5 USD | -52.13 | -82.83 | 100,000 EUR | 0 |
| EURHUF. | 0.001 | 0.49 | 3.5 USD | -195.57 | 120.93 | 100,000 EUR | 0 |
| EURJPY. | 0.001 | 0.004 | 3.5 USD | 7.45 | -16.55 | 100,000 EUR | 0 |
| EURNOK. | 0.00001 | 0.0116 | 3.5 USD | -109.3 | -98 | 100,000 EUR | 0 |
| EURNZD. | 0.00001 | 0.00027 | 3.5 USD | -19.43 | -1.83 | 100,000 EUR | 0 |
| EURPLN. | 0.00001 | 0.005 | 3.5 USD | -89.62 | 11.08 | 100,000 EUR | 0 |
| EURSEK. | 0.00001 | 0.0076 | 3.5 USD | -89.42 | -94.52 | 100,000 EUR | 0 |
| EURSGD. | 0.00001 | 0.0009 | 3.5 USD | -24.5 | -13.5 | 100,000 EUR | 0 |
| EURTRY. | 0.00001 | 0.042 | 3.5 USD | -956.37 | -156.37 | 100,000 EUR | 0 |
| EURUSD. | 0.00001 | 0.00001 | 3.5 USD | -9.82 | 2.78 | 100,000 EUR | 0 |
| EURZAR. | 0.00001 | 0.0201 | 3.5 USD | -418.98 | 104.62 | 100,000 EUR | 0 |
| GBPAUD. | 0.00001 | 0.0002 | 3.5 USD | -6.46 | -11.76 | 100,000 GBP | 0 |
| GBPCHF. | 0.00001 | 0.0002 | 3.5 USD | 4.98 | -15.22 | 100,000 GBP | 0 |
| GBPCAD. | 0.00001 | 0.00022 | 3.5 USD | -7.71 | -6.11 | 100,000 GBP | 0 |
| GBPDKK.**** | 0.00001 | 0.00885 | 3.5 USD | -46.02 | -118.22 | 100,000 GBP | 0 |
| GBPNOK. | 0.00001 | 0.0173 | 3.5 USD | -78.41 | -152.41 | 100,000 GBP | 0 |
| GBPSEK. | 0.00001 | 0.0105 | 3.5 USD | -56.18 | -148.08 | 100,000 GBP | 0 |
| GBPSGD. | 0.00001 | 0.0014 | 3.5 USD | -22.08 | -20.48 | 100,000 GBP | 0 |
| NZDCAD. | 0.00001 | 0.00019 | 3.5 USD | -3.9 | -6 | 100,000 NZD | 0 |
| NZDCHF. | 0.00001 | 0.00027 | 3.5 USD | 2.35 | -9.85 | 100,000 NZD | 0 |
| NZDJPY. | 0.001 | 0.02 | 3.5 USD | 6.29 | -17.21 | 100,000 NZD | 0 |
| NZDSGD. | 0.00001 | 0.002 | 3.5 USD | -11.22 | -13.22 | 100,000 NZD | 0 |
| SGDJPY. | 0.001 | 0.143 | 3.5 USD | -7.59 | -7.73 | 100,000 SGD | 0 |
| USDCAD. | 0.00001 | 0.00005 | 3.5 USD | -1.37 | -6.47 | 100,000 USD | 0 |
| USDCHF. | 0.00001 | 0.00004 | 3.5 USD | 7.58 | -13.12 | 100,000 USD | 0 |
| USDDKK.**** | 0.00001 | 0.0016 | 3.5 USD | -20.08 | -111.58 | 100,000 USD | 0 |
| USDHKD.**** | 0.0001 | 0.0013 | 3.5 USD | -0.19 | -12.11 | 100,000 USD | 0 |
| USDHUF. | 0.001 | 0.4 | 3.5 USD | -159.32 | 65.48 | 100,000 USD | 0 |
| USDMXN. | 0.00001 | 0.0166 | 3.5 USD | -612.39 | 56.81 | 100,000 USD | 0 |
| USDNOK. | 0.00001 | 0.0096 | 3.5 USD | -43 | -155 | 100,000 USD | 0 |
| USDPLN. | 0.00001 | 0.00319 | 3.5 USD | -57.33 | -13.63 | 100,000 USD | 0 |
| USDSEK. | 0.00001 | 0.0065 | 3.5 USD | -22.76 | -143.36 | 100,000 USD | 0 |
| USDSGD. | 0.00001 | 0.0015 | 3.5 USD | -14.84 | -19.84 | 100,000 USD | 0 |
| USDTRY. | 0.00001 | 0.024 | 3.5 USD | -772.19 | -272.19 | 100,000 USD | 0 |
| USDZAR. | 0.0001 | 0.0117 | 3.5 USD | -28.11 | -0.27 | 100,000 USD | 0 |
| Spreads* | Swap Value in Points** | |||||
|---|---|---|---|---|---|---|
| Currency Pair | Minimum Price Fluctuation |
Average | Long | Short | Value of 1 lot | Limit and Stop Levels*** |
| SILVER. | 0.001 | 0.02 | -4.1 | 2.13 | 5,000 oz | 0 |
| GOLD. | 0.01 | 0.2 | -30.84 | 24.97 | 100 oz | 0 |
FOREX TRADING HOURS
Monday – Friday: 00:05 – 23:50
GOLD & SILVER TRADING HOURS
Monday – Thursday: 01:05 – 00:10
Friday: 01:05 – 23:50
* The average spreads indicated here are calculated throughout the day. They tend to be narrower under normal market conditions. However, spreads may widen as a result of important news announcements, during political uncertainty, because of unexpected events that can lead to volatile market conditions, or at the close of the business day, or at the weekends when liquidity is lower. When you trade at our company, Trading Point is your counter-party. Your trades are matched and any next exposure above the predefined thresholds is hedged with our liquidity providers at the current market spread. However, during volatile and illiquid market conditions our liquidity providers quote spreads larger than normal. At such times, Trading Point is forced to pass on some of the spread increases to its clients.
** If you leave an open position for the next trading day, you pay or you obtain the certain amount, calculated on the basis of interest rates difference of two currencies in currency pair. This operation is called "swap." In the trading terminal, "swap" is automatically converted into the deposit currency. The operation is conducted at 00.00 (GMT+2 time zone, please note DST may apply) and can take several minutes. From Wednesday to Thursday swap is charged for three days.
*** Minimum level for placing Stop Loss and Take Profit orders from a current market price.
***** For instruments not denoted in USD calculations should be based at the current exchange rate (for XM Zero Accounts only)
Forex Trading Leverage Specifications
For all account types on the MT4 and MT5 platforms, the leverage for EURDKK, EURHKD, GBPDKK, USDDKK, USDHKD and USDCNH is capped at 1:50, and for USDTRY, EURTRY it is capped at 1:100.
For all account types, the leverage is capped at 1:400 for all CHF currency pairs on the MT4 and MT5 platforms.
