XM Broker Account Types
XM broker has 3 different account types depending on the needs of the traders. For the beginners, XM Micro account is perfect because in this account you can trade with a low investment amount which is $5. Who are able to take a risk and has some experience they can go for XM Standard account and for the expert traders XM ZERO account is suitable.
1. XM MICRO ACCOUNT
For those who are eager to take a low risk this account is for them. The initial investment amount is $5 which is considered as very low in this market.
2. XM Standard Account
For the professional and more expert traders than a novice. You can trade larger contract size through the Standard account.
3. XM ZERO Account
On 56 different currency pairs, silver and gold the spreads are as low as 0 (with commision) in XM ZERO account. In this account, you will have up to 500:1 leverage.
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