XMTrading: XM FX account types: Comparison of all 4 types, detailed explanation of the latest recommended information

We will explain the trading characteristics, how to choose, and spreads regarding the four types of XMTrading account types (Standard, Micro, Zero, and Kiwami), and provide recommendations. There are about 4 account types in XMTrading. We will explain the differences between each, but if you are a beginner, we recommend starting with the standard account. This is because the differences are often not well understood in the first place, and it is better to change the steel type if you are dissatisfied with it after actually using it.

2024 Latest XMTrading: How to open a real account and the steps, required documents, points to note

In this article, we will introduce and explain the methods and procedures for opening a real account with xmtrading, necessary documents, bonuses, and other points to note. XMTrading is the most used Forex company in the world. In order to actually do FX, you need a wide account at a FX company. By the way, opening an account is easy, even for beginners, and there are no fees. Opening an account may sound like a hassle, but it only takes about 10 minutes to fill out the registration form and 30 minutes to authenticate the required documents, so you can start trading from the first day after completing the opening procedure. It becomes possible to start.

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2024.10.07

XMTrading Features and Functions

XMTrading is a broker that ranks high in popularity overseas, and its basic information has many reviews online. Although it is not approved by Japan’s Financial Services Agency, it is an attractive company because funds are managed using a wallet, and security measures such as account login and password settings are in place. The maximum leverage is 1000x and can be changed. It has an overwhelmingly large number of users compared to exness, fxgt, etc.

What is XMTrading (2024 latest version)? : Reputation and reviews, company information and FX license safety, merits and demerits in detail

xmtrading is the most famous overseas Forex company. In this article, we will explain real user reviews, reputation, advantages, and disadvantages. XMTrading is one of the most known Forex companies in the world. It has many users and is said to have the highest number of users in the world. Where is XMTrading's headquarters and what kind of licenses does it have? I am writing an article on that point.

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2024.10.07

Lots of bonuses and campaigns

XM offers a wide variety of bonuses and campaigns. There is also a loyalty program, XM points, and cashback. The latest campaign information is posted on the official page. Bonuses are not applicable to KIWAMI accounts for advanced users. Each receipt will be reflected in your wallet. In addition, demo accounts and corporate accounts are also available, so there is a lot of variety.

Many deposit and withdrawal methods

XM supports credit card, bank transfer, and online wallet deposits and withdrawals. Although it is not supported in some residential areas, it is recommended that you choose an online wallet as deposits and withdrawals can be made instantly. Frequently asked questions can be found on the official website, so you can easily find answers to your questions. It will take some time for it to be reflected. If you don’t know the cause, please contact support.

Zero cut system adopted

XM has a forced stop loss system, but if your margin becomes negative, a zero cut system will be adopted. Even if you have a large loss due to economic indicators while holding a position and your balance becomes negative, XM will compensate you, which is very convenient. There are no contract rejections, and as long as you do not violate any prohibited items, there are no restrictions on trading methods such as swing and scalping. If you don’t have funds, start with a small amount. Choose the type that suits you from the home page and use it to trade stocks and FX.

Leverage is high

The operating company offers high leverage. Customers can use high leverage in units of stocks such as USD/JPY and EUR/USD, and can invest in the target stocks up to settlement under suitable conditions with high leverage of 100x or 200x. Financial products include commodities and can be traded from the app. Partners can access and check if the desired symbol is available from the official site. Orders can be placed while watching the market state until 100% order is placed.

XMTrading basic account types

At XMTrading, there are four types of accounts: Standard Account,''Micro Account,” KIWAMI Koku Account,'' andZero Account,” so let’s check them by referring to the list below. Compatible with MT4 and MT5, the usage of charts is the same for all. High leverage trading is possible, but if left unused for a total of 90 days, it will be treated as a dormant account. Standard accounts and micro accounts with bonuses allow you to trade cheaply. You can trade a wide variety of currency pairs with practice. You can add an account or create a demo account on My Page.

XMTrading:Currency unit and lot Minimum and maximum number of positions pips Required margin calculation method

This article explains how to calculate profit and loss by lot number, positions, maximum required margin, and pips for the account type trading of xmtrading. If you are thinking of starting trading with XMTrading, you need to understand currency units and lots. For those who do not know 1 lot of XM, we will explain the number of currencies in 1 lot, and the minimum and maximum lots.

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2024.08.18

Micro Account

Micro accounts are for beginners. The amount of currency traded is kept low. It has the advantage of not incurring large losses. There are also promotions, bonuses, campaigns, and loyalty programs. There is a need for this if you want to operate with small transactions.

Standard Account

Standard accounts are the account type with the most users. There are also bonuses, campaigns, and loyalty programs. Unlike micro accounts, which have a higher trading volume, you can invest in virtual currencies, currency pairs, precious metals, energy, stocks, and stock price indexes all at once. There are also major currencies such as USDJPY. The spreads are wide.

KIWAMI Kyoku Account

KIWAMI Kyoku Account is an account for professionals. There are no bonuses or campaigns, but the spreads are very narrow. There is a transaction fee per click, which costs money. It was recently added to the website. The spreads are considerably lower. You can make the most of automated trading. It is more popular than existing professional accounts.

Zero Account

Zero accounts are suitable for scalping trades, and although there are no bonuses or campaigns, the spreads are very narrow. There are transaction fees per click, which can be costly, but the high leverage can potentially make you money over the long term.

Common trading conditions on XMTrading

XM companies are divided into account types, but there are no major differences in the rules and there are common conditions, but the latest information will be updated, so please check from time to time. The trading style is also forgiving, so you can trade freely. The notation below may differ slightly depending on the web page or operating site, but it will be up to the member to decide whether to focus on specifications or goals.

Standard account for beginners

At XM, more than 80% of people choose the standard account as their first account. The reason why it is chosen first is that it is the best way to learn how to use an XM account because you can receive a deposit bonus and all the services of XM.

There are three types of XM bonuses: new account opening bonus, deposit bonus, and loyalty program (trading bonus), of which only standard and micro accounts can receive all three types. Zero account and KIWANI Kiwami account can only receive new account opening bonus.

XMTrading: Features and benefits of standard account type Thorough explanation of spreads and lots

When opening an account with XMTrading, many people are concerned about which account type they should choose to make the most of all bonus types. There are also Zero Accounts and Micro Accounts, but the Standard Account is the most recommended. The Standard Account is a highly recommended trial account type for beginners and those new to XMTrading. Since multiple accounts can be opened, you can also create other account types after opening. A feature of this account is the leverage of 1000 times.

www.worldforexintroduction.com

2024.08.18

KIWAMI pole account has narrow spread

KIWANI Kiwami account is XM’s newest account type, released in October 2022. It realizes better transaction costs than the zero account and is expected to become the main account type at XM in the future.

The KIWAMI pole account is the account with the lowest transaction cost because the spread is narrow because there is no bonus. Swap free without swap points, so you can trade without worrying about extra costs. Because the spread is narrow, scalping is also suitable.

The disadvantage is that the bonus is only given when the account is opened, and XM points are not given. Below is a spread comparison table between Zero account and KIWAMI Kiwami account.

XMTrading: KIWAMI Kyoku Account advantages and disadvantages, features, differences from other accounts, and detailed explanation

We will thoroughly introduce and explain the features, advantages, disadvantages, spreads, trading specifications, recommendations, and precautions of XM's KIWAMI Kiwami account. KIWAMI Koku account is a new account that appeared in October 2022. The KIWAMI Kiwami account is an easy-to-use account with narrow spreads, swap-free, and no transaction fees, but it also has disadvantages. Therefore, I would like to introduce both the advantages and disadvantages.

www.worldforexintroduction.com

2024.08.18

Micro accounts are recommended for small transactions

XM micro accounts allow you to trade smaller amounts and finer detail compared to other account types. The micro account has a trading volume of 1,000 currencies per lot, so it is possible to trade at 1/100th the size of other account types. It is recommended for those who want to avoid risks, those who want to trade with a small amount, and those who want to do a trial trade. Like the standard account, the micro account can receive all three types of XM bonuses (new account opening bonus, deposit bonus, loyalty program).

XMTrading: Features, advantages, and disadvantages of micro accounts Comparison with standard accounts Differences explained

XMTrading has an account type called micro account. It is possible to start trading with a small amount, and there are advantages and disadvantages compared to standard accounts regarding currency, lots, and trade features. Micro accounts are a minor account type because not many users open them, but they do have some benefits, so it is one of the account types that we recommend opening.

www.worldforexintroduction.com

2024.08.18

Zero account is recommended for ECN method

The XM Zero account is an account whose order execution method is the ECN method. Normally, the spread is close to zero, but during the time when the spread widens, the spread of the zero account spreads as well. This account is for large customers. Standard and Micro accounts have no transaction fees, so the only transaction cost is the spread, while the Zero account requires a fee of $10 per lot (round trip). Therefore, it can be said that it is a professional account.

XMTrading: Zero Account Features, Advantages, and Disadvantages Commissions and Spreads

XM has an account type called Zero account. This account type is said to have very narrow spreads and has the characteristic of making profits easily. It can be said that it is a very advantageous account type for scalping traders.

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2024.07.13

About Lot, Positon

Regarding trading conditions, zero accounts and KIWAMI accounts are for professional investors. The lot size is large, the efficiency is good, and you can trade with major currencies. If you’re just starting out, learn about small-value trading with a standard or micro account, which is mostly for individuals. MT5 has versatile functions, including moving averages and Bollinger bands. You can easily trade with one button.

XMTrading: What is the maximum number of lots by account type? Minimum lot and position number explanation

We will introduce and explain the minimum and maximum number of lots, maximum number of positions, and restrictions on order and profit/loss calculation methods for XMTrading trading. XM has several account types, and the number of positions and lots that can be held differs depending on the account type. Let's take a look at each account type at XMTrading.

www.worldforexintroduction.com

2024.06.06

Which trading platform is better, MT4 or MT5?

The trading platform handles MT4 and MT5, so check it out. It is preferable to make a selection that also considers future impacts. MT4 is widely used in the industry, but since development has already ended, the current standard is MT5, which is safer. There are individual trading formats, so you can choose the one that is advantageous for you, but MT5 has better functionality. It has all the major indicators such as average movement.

MT4 has not been updated since 2018. MT5 is superior in terms of functionality, but many people are accustomed to MT4 because there are few EAs and custom indicators, but considering the future, MT5 is better.

XMTrading:Differences between MT4 and MT5, how to use which one is recommended? Thorough explanation

XMTraidng, an overseas FX company, currently offers two types: MT4 and MT5. Which one you choose, we will explain the difference. It's up to you, as it varies from trader to trader. Therefore, we recommend that you try both, even if it's just a trial. Is MT4 better for trading with XM? Is MT5 good? Let's compare the differences. Which trader tool do you recommend? I will explain.

www.worldforexintroduction.com

2024.09.08