Open a Forex account with XM for free

XMTrading offers two micro and standard accounts to meet the needs of both beginners and experienced customers, with flexible trading conditions and up to 888: 1 leverage.

You can trade over 55 currency pairs and CFDs with precious metals, energy and stock indexes under XM’s most competitive spread and XM Trading no refusal to trade and no execution requotes policy.

Risk Warning: Margin trading carries a high risk.
How to open a Forex account with XM and get Bonuses?
  • Micro and standard accounts with excellent trading conditions
  • Trading account with the best trading conditions
  • Unlimited access to MT4 / MT5 and Expert Advisor transactions
  • Free up-to-date market information and technical analysis delivered daily during trading hours
  • Contract quality common to all account types
  • Multilingual customer support

Open XM’s Trading Account

XM MT4 (MetaTrader4) vs MT5 (MetaTrader5), which platform is better?

Comparison of XM Trading Forex account types

Account Type Micro Standard XMTrading Zero
Account Base Currency USD, EUR, JPY USD, EUR, JPY USD, EUR, JPY
Contract Size 1 lot = 1,000 1 lot = 100,000 1 lot = 100,000
Maximum Leverage 1:1 – 1:888 ($5 – $20,000)
1:1 – 1:200 ($20,001 – $100,000)
1:1 – 1:100 ($100,001 +)		 1:1 – 1:888 ($5 – $20,000)
1:1 – 1:200 ($20,001 – $100,000)
1:1 – 1:100 ($100,001 +)		 1:1 – 1:500 ($5 – $20,000)
1:1 – 1:200 ($20,001 – $100,000)
1:1 – 1:100 ($100,001 +)
NBP (Negative Balance Protection) Supported Supported Supported
Minimum Spread Cost 1 pip 1 pip 0 pips
Trading Commission None None $10 per round turn lot
Maximum Number Of Cimultaneous Orders 200 positions 200 positions 200 positions
Minimum Trading Volume 0.01 lot (MT4)
0.1 lot (MT5)		 0.01 lot 0.01 lot
Maximum Trading Volume 50 lots 50 lots 50 lots
Trading Bonus (Deposit Bonus) Available Available Unavailable
Account Opening Bonus (No Deposit Bonus) Available Available Available
Hedging Allowed Allowed Allowed
Required Minimum Deposit $5 $5 $5
XM Live (Real) vs Demo (Virtual) Forex accounts- Differences and Features

The above numbers are guidelines. XM Trading provides a personalized solution for you.

If the deposit currency is not denominated in US dollars, the posted amount will be converted to the deposit currency.

If you are just starting Forex, the demo account is a great way to test your trading potential.

You can trade with virtual money, and all profits and losses are simulated, so you are not exposed to risk.

Once you have tried your trading strategies and learned about market movements and ordering methods, you can move on to the next step and open a trading account that uses real money.

Go to XM Official Website

How to open XM MT4 (MetaTrader4) account and install the platform?