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XM fees and how they score

Cost is scored on what a trade actually costs all in, not on the headline spread. These are the figures behind XM's cost score.

Facts last checked . Read the full XM review.

What it costs to trade

Spread from
0.8 pips
EUR/USD spread
Approx. 0.8 pips
GBP/USD spread
Approx. 1.0 pip
Commission
$0 on Standard and Ultra Low accounts
All-in cost, EUR/USD
Approx. 0.8 pips
Spread type
Variable
Overnight swap
Both: swaps apply on applicable instruments/accounts; swap-free conditions available
Inactivity fee
$10/month after 90 days inactivity

What this means

Cost is scored on what a trade actually costs all in, not on the headline spread.

Spreads from 0.8 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

XM lists a minimum deposit of $5. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about XM fees

What is the EUR/USD spread at XM?

XM records an average EUR/USD spread of approx. 0.8 pips on a variable pricing model.

Does XM charge commission?

XM's commission is $0 on Standard and Ultra Low accounts. A commission account usually pairs with a tighter spread, so the two have to be read together.

What does XM charge to hold a position overnight?

Overnight financing at XM is recorded as both: swaps apply on applicable instruments/accounts; swap-free conditions available.

Fees at brokers under the same regulator

More about XM