Fees & Commissions · 2026

XM Fees & Commissions 2026

A full breakdown of XM's spreads, commissions, swap rates, deposit/withdrawal fees, inactivity charges, and currency conversion costs.

ESMA Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Quick Answer

XM fees: EUR/USD spreads from 0.6 pips (Ultra Low), 1.6 pips (Standard); commissions None; withdrawal fees Free; minimum deposit $5. Fees score: 8.2/10.

Spreads at XM

Per-account-type spreads on EUR/USD, verified April 2026.

EUR/USD: 0.6 pips (Ultra Low), 1.6 pips (Standard)

XM offers 4 account types: Micro, Standard, Ultra Low, Shares. Spreads on minor pairs, exotic pairs, and CFD instruments are wider than major-pair spreads shown here. Check the broker's live platform data for real-time pricing during your preferred trading session.

Commissions

Per-trade commissions charged on ECN/Raw accounts.

Commission: None

Raw spread accounts typically charge per-lot commissions alongside tighter spreads, while Standard accounts embed all costs in a slightly wider spread. For active traders, the all-in cost (spread + commission) is what matters, not the headline spread alone.

Swap Rates & Overnight Financing

Interest charges applied to positions held past 5pm NY time.

XM applies standard overnight swap rates, with swap-free Islamic accounts available on request for eligible clients. Swaps can be positive (credit) or negative (charge) depending on the direction of the trade and the interest rate differential between the two currencies in the pair. On Wednesdays, swap is typically charged at triple rate to cover the weekend.

Deposit & Withdrawal Fees

Funding and withdrawal costs at XM.

Deposit Methods

Bank Transfer, Credit/Debit Card, Skrill, Neteller, Local Payment Methods

Deposits are typically free; payment provider fees may apply at the provider's end.

Withdrawal Fees

Free

Intermediary bank fees may apply on international transfers.

Inactivity Fee

Most CySEC-regulated brokers apply an inactivity fee after 6-12 months of no trading activity, typically 5-10 EUR per month. Check XM's fee schedule during onboarding to confirm the exact trigger period and amount. If you do not plan to trade actively, a broker with no inactivity fee is worth considering.

Currency Conversion

XM supports account base currencies including USD among others. Deposits in a currency different from your account base currency incur conversion fees, typically 0.5% to 1% above the interbank rate. EU traders should open an EUR-denominated account where possible to avoid ongoing conversion costs.

Cost Calculator Example

What 10 standard lots of EUR/USD per month costs at XM.

Trading 10 lots of EUR/USD per month costs approximately $60.00 at XM, based on the lowest published spread of 0.60 pips and commission of $0.00 per side. This translates to roughly $6.00 per standard lot round-turn at current pricing.

Calculation: (0.60 pips × $10 per pip + $0.00 commission round-trip) × 10 lots. Actual costs vary with session timing, volatility, and slippage.

Cheaper Alternatives to XM

EU-regulated brokers with a better fees score than XM.

IC Markets

9.6/10 fees

0.0 pips (Raw), 0.6 pips (Standard)

Pepperstone

9.4/10 fees

0.0 pips (Razor), 0.69 pips (Standard)

Exness

9.3/10 fees

0.0 pips (Raw), 0.3 pips (Pro), 1.0 pips (Standard)

Frequently Asked Questions

What fees does XM charge?

XM charges the following fees in 2026: EUR/USD spreads from 0.6 pips (Ultra Low), 1.6 pips (Standard), commissions of None, and withdrawal fees of Free. XM's minimum deposit is $5. Swap-free Islamic accounts are available on request.

Does XM charge commission on trades?

XM's commission structure is: None. Commissions typically apply only to ECN/Raw accounts where the broker passes through tighter spreads, while Standard accounts embed all costs in a slightly wider spread with no separate commission.

What is the total cost of trading with XM?

Trading 10 standard lots of EUR/USD per month at XM costs approximately $60.00. This includes spreads of roughly $60.00 and commissions of none on the Standard account. Your actual cost will depend on account type, session timing, and volatility.

Does XM have an inactivity fee?

XM's inactivity fee policy depends on the account type and jurisdiction. Most CySEC-regulated brokers apply an inactivity fee after 6-12 months of no trading activity, typically 5-10 EUR per month. Check the broker's fee schedule at signup to confirm the exact terms.

Are there withdrawal fees at XM?

XM's withdrawal fee structure: Free. EU-regulated brokers typically offer free withdrawals via SEPA bank transfer, though intermediary bank charges may apply for international transfers outside XM's control. Credit card withdrawals may take 1-5 business days to process.

Is XM cheap for scalpers and active traders?

XM's fees score is 8.2/10. XM offers competitive pricing suitable for most active trading styles.

Ready to trade with XM?

Read the full review or open a live account directly.

Read Full Review Visit XM

CFD Risk Warning

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.