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.

XMTrading account types and differences

XMTrading has four types of accounts: “Standard Account,” “Micro Account,” “KIWAMI Koku Account,” and “Zero Account.” There are many account types among overseas FX brokers, and we recommend standard accounts and micro accounts, which have bonuses and campaigns. A bonus will add some amount to your margin and increase your stop-loss limit. You can prevent losses. Please check the following. For merchants, the deposit and withdrawal methods are account-based and the detailed information is the same.

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.

www.worldforexintroduction.com

2024.10.07

What is the maximum lot number for XM?

The maximum number of lots in XM depends on the account type. Lots are a very important point in profit and loss. As stated on the official website, there are basic currencies such as the dollar, Japanese yen, and euro, which also have a big impact. The advantage of standard accounts and zero accounts is that lots are suppressed. The disadvantage is that it is more limited than a micro account. I will explain it in a list.

The number of lots in XM represents the number of currencies held in one position.

Maximum number of lots for standard account

According to the management formula, the maximum number of lots is set at 50 lots, so be sure to fully understand this before trading. . Standard account has 1 lot = 100,000 currencies, so you can hold up to 5 million currencies. It depends on your balance and currency unit. If you are worried, a micro account is safe.

Maximum number of lots for zero account

The maximum number of lots is 50 lots, which is the same as the standard account. Zero accounts are currently popular among scalping traders. Although the narrow spread is attractive, it is important to note that transaction fees are actually incurred, so it is not much different from other accounts. It has the highest specs, but you can lose it all if you don’t trade with careful consideration. Be sure to keep the lot size low.

Maximum number of lots for micro account

The maximum number of lots is 100 lots. Looking at the number of lots, it looks more than the standard account, but it is actually different. Micro accounts are 1 lot = 1,000 currencies, so up to 100 lots refers to 100,000 currencies.

Micro accounts can only trade up to 100,000 currencies. This account is not suitable for people who have a large amount of funds and want to make big profits with high leverage. Of course, this service is recommended for those who have no knowledge or are beginners. It does not have high leverage as you can trade with very small quantities.

Maximum number of positions in XM

The maximum number of positions for XM is 200 positions for all account types. To get started, we recommend the smallest lot the first time. If you suddenly take a large position, there is a high possibility that your funds will disappear completely. When it comes to investing, it is better to reduce risk than to make big profits. The same goes for using automated trading (EA) tools. Even if you have 1000x leverage, be sure to limit your upper limit positions. Challenge trading will lead to failure, so create your own rules.

Combined number of multiple accounts and pre-orders

The maximum of 200 positions that can be held at XM is the total of all accounts held. Please note that it is not the number of positions entered in one account.

XM allows you to open 8 accounts with 1 account. If you have a lot of accounts, remember that you can only hold a maximum of 200 positions.

Maximum amount that can be traded

The maximum amount that can be traded on XM is approximately 100 billion yen. If you hold 200 positions of 50 lots, you will be trading 100 billion yen worth. Even if you have 1,000x leverage, you will not be able to reach this level unless you have 100 million yen in capital. If you are worried, a demo account is provided so give it a try. You can trade a wide variety of stocks using your PC or smartphone. Let’s gain experience and put it to use.

Minimum lot size

The minimum lot size for XM varies depending on the account type. Other companies (ironfx, bigboss, titanfx, axiory, exness, fxgt, etc.) also have different lot settings.

All accounts have a minimum of 0.01 lot, but please note that the definition of 1 lot is different. The minimum number of holding currencies is 1,000 for Standard and Zero accounts, and 10 for Micro accounts.

Minimum lot size for standard account

The minimum lot for the Standard account is 0.01. The standard account has 100,000 currencies per lot, so you can hold a minimum of 1,000 currencies.

Minimum number of lots for zero account

The minimum lot for the Zero account is 0.01, the same as for the Standard account. The zero account is a special account with a narrow spread and a transaction fee.

Minimum lot size for micro account

The minimum lot for micro accounts is 0.01. However, please note that the number of currencies per lot is different from the standard account and zero account. Micro accounts are 1,000 currencies per lot, so you can hold a minimum of 10 currencies.

Account type can be changed

XMTrading allows you to select an account type when opening an account. You cannot directly change the account type on an existing account. However, create another account and use a different account type. When creating a new account, select the account type you want to use. Please refer to the article below for information on how to create an additional account.

XMTrading: Is there a way to change the account type? real account

XM allows you to choose an account type when opening an account. But have you ever wanted to change your account type after opening? Although it is a different method, you can say that you change the account type. I wrote an article about how to do that.

www.worldforexintroduction.com

2024.08.18