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best xm account type for beginners – XMDailyFX

best xm account type for beginners

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.

XM Account Types

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    The XM minimum deposit amount required to register a live trading account is $5 / R80 ZAR for the Micro, Standard, and Ultra Low accounts. The minimum deposit for the Shares Account…

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