About the Micro Account of Stock Index (MetaTrader 4, MetaTrader 5/Straight Through Processing (STP)) offered by XM.
Type and Conditions
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General Trading Conditions
By opening an Micro Account with XM, you can trade Stock Index through MetaTrader 4, MetaTrader 5 trading platform.
Mainly XM Micro account offers Straight Through Processing (STP) execution model, the maximum leverage is 1:888, spread is Variable from 1 pips.
Available Base Currencies
The account bsse currency is only available in AUD (Australian Dollar), CHF (Swiss Franc), EUR (Euro), GBP (British Pound), HUF (Hungary Forint), JPY (Japanese Yen), PLN (Poland Zloty), RUB (Russian Ruble), SGD (Singapore Dollar), USD (US Dollar), ZAR (South African Rand).
Negative Balance Protection
XM adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.
Margin call & Stop out
In the Micro Account, Margin call is 50% and Stop out is set to 20%, so all your positions will be automatically closed when the margin level reaches down to 20%.
Allow Trading Strategies
XM allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Micro Account.
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XM Trading Accounts Comparison
Here are the details of all Forex trading accounts of XM.
|Types||XM Zero||XM Ultra Low Standard||XM Ultra Low Micro||Standard||Micro|
|Details/Link||Learn More||Learn More||Learn More||Learn More||Learn More|