What's the minimum and maximum trading size on XM's MT4 and MT5 trading accounts? Table of Contents
Available Trading Volume on XM’s accounts
The numbers below are per transaction, and you can open an unlimited amount.
| Account Type | Standard Account |
|---|---|
| 1 lot | 100,000 units |
| Minimum trade volume | 0.01 lots |
| Maximum trade volume | 50 lots |
| Trading step | 0.01 |
| Maximum number of positions | Unlimited |
| Account Type | Micro Account |
|---|---|
| 1 lot | 1000 units |
| Minimum trade volume | 0.01 lots |
| Maximum trade volume | 100 lots |
| Trading step | 0.01 |
| Maximum number of positions | Unlimited |
Please note that the minimum lot size for trading with CFDs is 1 lot.
For more information about the trading conditions of each account type, please visit XM Official Website.
1 Pip Value – Profit and Loss
You can use the following formula, to calculate the value of 1 pip.
Amount of Base Currency * Pips = Value in Quote Currency
Here are some examples of pip value.
Value of 1 pip in EUR/USD = 1 Lot (100 000 €) * 0.0001 = 10 USD
Value of 1 pip in USD/CHF = 1 Lot (100 000 $) * 0.0001 = 10 CHF
Value of 1 pip in EUR/JPY = 1 Lot (100 000 €) * 0.01 = 1000 JPY
To calculate pip value, required margin, swap points and other numbers, you can also use XM’s online calculator.
Please check XM official website or contact the customer support with regard to the latest information and more accurate details.
XM official website is here.
Please click "Introduction of XM", if you want to know the details and the company information of XM.
IronFX
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!