XM (XMTrading): Is there a way to change your XM account type? Recommendations and comparisons for real accounts explained in the latest version

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.

XMtrading

Operating company	Tradexfin Limited Fintrade Limited
Head office location	Unit E, F28, Eden Plaza, Eden Island, Republic of Seychelles
Founding year	2009
Financial License	（FSA）SD010：Tradexfin Mauritius Financial Services Commission (FSC：)：Fintrade Limited Cyprus Securities and Exchange Commission (CySEC)：Trading Point of Financial Instruments Ltd
Language support	English、日本語、Malay、Thai
Platform	MetaTrader 4 (MT4)／MetaTrader 5 (MT5)
Service Countries	Over 190 countries
Number of users	Over 1 million accounts
Max Leverage	1000x
Eligible products	Forex、Metal、Stocks、Equity Indices / Index CFD、Energy CFD、Commodities、Cryptocurrency

XMTrading Open Account Free

Overview of Changing Your XM Account Type

Here’s a clear summary of how to change your account type at XM (XMTrading). The type of account you choose can have a significant impact on your profits or losses, as it affects loyalty and promotions. Please be sure to understand this before using the service. With a wide variety of markets and currency pairs, it’s recommended to use multiple account types.

About Changing Your XM Account Type

XM does not allow you to directly change the account type of an existing trading account.

Instead, you can open an additional account with a new account type.

How to Change (Effectively Switch)

Select “Open an Additional Account”

Select the desired account type

Standard Account

Micro Account

KIWI Account

Zero Account

Set up your trading platform (MT4/MT5), base currency, etc.

Account Opening Complete → Start Trading with Your New Account

Your existing account will remain as is (you can also delete it).

Points to Note When Changing Account Type

① Active Positions

Positions and orders will not be carried over.

The new account will be treated as a completely separate account.

② Bonus Handling

Some account types may not be eligible for bonuses.

Zero Account: Deposit bonuses not available.

Bonus balances cannot be automatically transferred between accounts.

Bonus balances may be lost when funds are transferred.

③ Fund Transfers

You can transfer funds between accounts from the member page.

However, be aware of bonus conditions.

Common Change Patterns

Beginner
→ Standard Account → Micro Account (Small Amounts/Practice)

Spread Focus
→ Standard Account → Zero Account

Bonus Focus
→ Zero Account → Standard Account

Important Points to Note When Changing Your Account Type

This article summarizes important points to note when changing your XM (XMTrading) account type (i.e., opening an additional account). Detailed information, programs, automated trading, swap points, stocks, and products can be found on the home page. Partners should also refer to the FAQ.

① Existing account types cannot be changed.

Direct changes to account types are not possible.

You will need to open an additional account of the desired type.

Your old account will remain (you can make it dormant or delete it if you no longer need it).

② Positions and orders will not be carried over.

The new account will be a completely separate account.

Open positions, limit orders, and stop-loss orders cannot be transferred.

You must settle your positions before changing your account.

③ Bonuses may be lost or ineligible.

Bonus conditions vary depending on the account type.

Zero Account: Not eligible for deposit bonuses.

If you transfer funds from a bonus account to an account that is not eligible,
👉 your bonus will be lost.

Be sure to check the bonus terms and conditions before transferring funds between accounts.

④ Restrictions on transfers between accounts.

You can transfer funds from the member’s page.

However, please note the following:

Bonuses cannot be transferred.

Your available margin may be reduced.

Loss of bonuses increases the risk of a stop-loss.

⑤ Trading conditions will change significantly.

The following vary by account type:

Spread

Trading fees (Zero accounts have a round-trip fee)

Minimum trading unit (Micro accounts have 1 lot = 1,000 units)

Maximum leverage

👉 Trading in the same way as before can lead to mistakes.

⑥ Some services are unavailable depending on your account type.

Bonuses

Certain campaigns

Some trading conditions and promotions

⑦ MT4 and MT5 are managed separately.

MT4 and MT5 accounts are not compatible.

EAs and indicators may not be available.

XM Account Type Comparison

Below is a comparison of XM (XMTrading)’s major account types. We’ve clearly summarized their features, costs, and suitable traders. 👇 If your account has been frozen or you’re new to trading, we recommend opening multiple accounts. However, corporate accounts are currently not available. Please also check the terms of use and rules on the broker’s website.

🟦 Standard Account

The most popular account type (many users)

Easy to use with no fees

Deposit and trading bonuses, XM Points (XMP), and other perks

Trading unit: standard lot (100,000 units)

✅ Recommended
Beginners and those looking for a more relaxed medium- to long-term trading experience

🟧 Micro Account

Small-amount trading for beginners

1 lot = 1,000 units, reducing risk

No fees and bonuses available

✅ Recommended
For those new to FX or those looking to learn with a small capital

🟥 Zero Account

The biggest attraction is the extremely narrow spreads, starting from 0.0 pips

However, there is a fee per trade (e.g., approximately $7 round-trip or $3.50 one-way).

Leverage is lower than other accounts (e.g., up to 1:500).

Deposit bonuses and XMP are often not available.

✅ Recommended
For those who want to thoroughly reduce trading costs for scalping and short-term trading.

🟪 KIWAMI Account

A special account with potentially narrower spreads than the Zero Account.

Limited access to bonuses and XMP.

Rarely announced officially by XM, and subject to availability restrictions.

✅ Recommended
For professional and heavy traders and those seeking ultra-low costs.

📌 Guidelines for choosing an account

🔹 Practice with a small capital → Micro
🔹 Balanced trading → Standard