This article will introduce and explain the advantages and disadvantages of opening a FX corporate account with XMTrading. XMTrading is the most sought-after FX company in the world. Therefore, it is not only individuals who want to create an account. Some corporations also want to create accounts. Does XM allow the opening of corporate accounts?
- XMtrading
- Why XM Doesn’t Offer Corporate Accounts
- 🧾 1. Corporate accounts aren’t offered in the first place.
- ❌ 2. They used to accept corporate accounts, but they’re no longer accepting them.
- 🧠 3. No Trading Services Designed for Corporates
- 📍 4. Official comments suggest there’s a possibility in the future, but it’s undecided.
- 📌 5. What to do if you need a corporate account
- Advantages and Disadvantages of Opening a Corporate Account
- Disadvantages of corporate accounts
- Recommended Brokers Other Than XM That Allow You to Open a Corporate Account
- 📌 Important Notes Regarding Brokers Accepting Corporate Accounts
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 |
Why XM Doesn’t Offer Corporate Accounts
We’ll summarize official information and related circumstances to explain why XM (XMTrading) doesn’t offer corporate accounts. While you can find deals on the homepage, there’s no mention of corporate accounts. If you’re considering joining, compare the reputations of other brokers’ official websites before making a decision. While the leverage is high and there’s some risk, the zero cutoff ensures safety. It’s an environment where you can scalp currency pairs and cryptocurrencies.
🧾 1. Corporate accounts aren’t offered in the first place.
XM’s official FAQ clearly states the following:
👉 Currently, we don’t offer corporate accounts.
The official FAQ also clearly states, “No, we don’t offer corporate accounts” (corporate accounts are not supported).
In other words, the main reason is that the service is designed for individuals.
❌ 2. They used to accept corporate accounts, but they’re no longer accepting them.
According to multiple information websites,
XM has stopped accepting new corporate accounts since around 2018.
Since the suspension, the service has not resumed, and opening accounts is currently unavailable to both local and overseas corporations (as of 2025).
In other words, while it was once possible, the system has now been abolished.
🧠 3. No Trading Services Designed for Corporates
Because XM focuses its services on individual traders, it does not offer specialized services, account design, or tax procedures for corporations.
Corporate accounts generally involve the following design and requirements:
Corporate financial and accounting reporting
Issuance of transaction certificates in the name of the corporation
Corporate risk management and compliance processing
To address these issues, a separate system and management framework is required. However, due to XM’s current operational policy focused on individual accounts, it appears that they do not offer these services for corporations.
📍 4. Official comments suggest there’s a possibility in the future, but it’s undecided.
XM has sometimes stated that it’s not currently available, but that it may be introduced in the future. However, no specific timeline or plans have been provided.
📌 5. What to do if you need a corporate account
If you want to trade FX under a corporate name:
✅ Consider other overseas FX companies
Some brokers other than XM offer corporate accounts, so you can open an account with one of those brokers and trade there.
✅ Individuals can incorporate and use a personal account.
Even if XM itself doesn’t allow for corporate accounts, individuals can incorporate and take advantage of tax benefits, but the account itself will remain in their personal name.
Advantages and Disadvantages of Opening a Corporate Account
Below, we will carefully summarize the advantages and disadvantages of a “corporate account (under a corporate name)” for FX and CFD trading from the perspective of a trader living in Japan. We will explain industry conventions and overviews. Please refer to these when handling types, management, orders, and executions. Please understand these points before using an account.
*XM does not offer corporate accounts, but this explanation is a “general guide.” Please refer to positive customer reviews.
Advantages of Opening a Corporate Account
① Significant Tax Benefits (Main Reason)
● Income Tax → Corporate Tax
Individuals: Progressive Tax (Maximum 55%)
Corporations: Corporate Tax, etc. (Effective Tax Rate Approximately 23-33%)
👉 The Higher the Profit, the More Advantageous It is to Incorporate
Guideline:
Annual Profits of 8-10 Million Yen or More → Many people consider incorporating
② Wider Range of Expenses
For corporations, the following items are more likely to be recognized as expenses:
PC, monitor, and communication costs
VPS fees
Books, seminars, and school fees
Rent and utility costs (pro rata)
Corporate executive compensation
👉 Easily reduce taxable income
③ Long loss carryover
Individual: 3 years (conditions apply)
Corporate: Up to 10 years
👉 Advantageous for long-term traders
④ Clarifying social credibility and capital management
Completely separate trading funds from living expenses
Easy to explain for bank loans and business performance
Easy to sustain as a business
⑤ Salary distribution possible among family members
Paying family members as directors or employees
Tax savings through income distribution
Disadvantages of corporate accounts
① Establishment and maintenance costs are required
Initial costs
Corporate establishment costs: Approximately 200,000-300,000 yen
Maintenance costs
Tax accountant fees: 10,000-300,000 yen per month
Corporate inhabitant tax (approximately 70,000 yen) is required even if you are in the red
👉 Low profits are actually a disadvantage
② Accounting and tax are complicated.
Financial statements must be prepared.
Tax returns are a lot of work.
A tax accountant is almost essential.
👉 Significantly more work than for individuals.
③ Withdrawals do not equal free use.
Corporate funds are “company funds.”
For individuals,
→ Executive compensation, dividends, and expense processing are required.
👉 Withdrawals are not easy.
④ Tax savings are not effective if profits are low.
Annual profits are in the hundreds of millions of yen.
→ In many cases, individuals are more advantageous.
⑤ Many overseas FX brokers do not accept corporate accounts.
Some brokers, like XM, do not accept corporate accounts.
Broker selection is limited.
Recommended Brokers Other Than XM That Allow You to Open a Corporate Account
We introduce recommended overseas FX brokers other than XM that allow you to open a corporate account (FX account in the name of a company). However, be sure to check the latest official information and terms of use (corporate account support is subject to change). When investing, be sure to at least check the detailed reviews. This is a top-class broker that is ideal in terms of content, restrictions, and standards.
FXGT
Features: Accepts corporate accounts and offers high maximum leverage (e.g., 5,000x), making it easy for small corporations to use. Cryptocurrencies are also available.
Recommended Points
Relatively smooth corporate account setup
Wide range of products (FX, cryptocurrencies, CFDs, etc.)
Corporate accounts may also be eligible for bonuses (conditions must be confirmed).
Vantage Trading
Features: Among overseas FX brokers, this broker supports corporate accounts, and bonuses (for account opening and deposits) may also be available.
Recommended Points
Relatively favorable trading conditions for corporations
Up to 2,000x leverage (depending on account type)
Corporate accounts may be eligible for promotions (please check)
AXIORY
Features: Known as a reliable broker, it accepts corporate accounts. Has a relatively good track record.
Recommended Points
Reliable services that are easy for corporations to use
Some brokers offer trust protection (for peace of mind in capital management)
Compatible with MT4/MT5, both discretionary and EA trading available
HFM (formerly HotForex)
Features: A globally popular broker that accepts corporate accounts. A wide range of products are available.
Recommended Points
A wide range of products are available for corporations.
Up to 2,000x leverage
Japanese support available (easy to confirm terms)
BigBoss
Features: A broker that is often cited as an example of a broker that accepts corporate accounts. High leverage is an attractive feature.
Highlights
Maximum 2,222x leverage (same for corporate accounts)
Trading bonus and points program available (check terms and conditions)
📌 Important Notes Regarding Brokers Accepting Corporate Accounts
We will research and explain the latest important information. As information is not always clearly stated, please always double-check before proceeding. Trading content can be very important depending on your goals.
⚠️ Account opening requirements may differ from those for individuals.
Corporate accounts may require more paperwork, stricter screening, and detailed representative verification.
⚠️ Bonus and Campaign Support
Some brokers may not offer bonuses for corporate accounts, so please check before applying.
⚠️ Check Account Name and Tax Treatment
Even if the account name is corporate, tax treatment follows the rules of your country of residence. For Japanese corporations, it is safest to consult with a tax accountant when applying and filing.
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