XM Account Types Comparison 2024: Standard vs Ultra Low vs Shares
Choosing the Right XM Account Type
XM offers three main account types tailored to different trading styles and experience levels: Standard, Ultra Low, and Shares accounts. Understanding the key differences helps you select the best account for your trading goals.
XM Standard Account
The Standard account is perfect for most traders, offering:
- Spreads from 1 pip with no commissions
- Access to all XM trading instruments (forex, commodities, indices, energies)
- Leverage up to 1000:1
- Micro and Standard lots available
- Ideal for beginners and intermediate traders
XM Ultra Low Account
The Ultra Low account offers the tightest spreads for active traders:
- Ultra-low spreads from 0.6 pips
- No commissions on forex and gold
- Perfect for scalpers and high-frequency traders
- Same leverage and instruments as Standard account
- Minimum deposit requirements apply
XM Shares Account
The Shares account is designed specifically for stock trading:
- Access to over 1,400 stocks from global markets
- Commission-based pricing model
- Lower leverage (up to 20:1) suitable for stock trading
- Real-time stock prices and dividends
- Perfect for equity investors
Which XM Account Type Should You Choose?
Your choice depends on your trading strategy:
- New traders: Start with Standard account for simplicity
- Day traders & scalpers: Ultra Low account for tighter spreads
- Stock investors: Shares account for equity trading
- Bonus seekers: Standard account qualifies for welcome bonuses
How to Open Your XM Account
Opening an XM account is simple and takes just minutes. You can switch between account types or open multiple accounts to suit different strategies. All accounts come with XM's award-winning customer support and educational resources.
Ready to get started? Click below to open your XM account today and start trading with one of the world's most trusted brokers.
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