How to Choose the Best XM Account Type
Suggested choice:Minimum Deposit
What are XM Account Types?
In general, XM provides the following accounts for its traders:
- Micro, where 1 micro lot represents 1,000 units of the base currency.
- Standard, where 1 standard lot is the equivalent of 100,000 units of the base currency.
- Ultra Low Micro, an account to trade with micro lots and spreads as low as 0.6 pips.
- Shares, an account specifically designed to accommodate stock trading.
For further reference, a table is provided to describe more properties of XM account types. You may customize the solution, subject to the deposit currency.