What base currencies are available on the XM Ultra Low Standard Account?

The Ultra Low Standard Account supports 6 base currencies: EUR, USD, GBP, AUD, ZAR, and SGD. This is fewer than the Standard Account's 10 base currencies (which also includes JPY, CHF, HUF, and PLN). Traders whose primary banking currency is JPY, CHF, HUF, or PLN must use a Standard or Micro account to avoid currency conversion costs on every deposit and withdrawal.

What spread does the XM Ultra Low Standard Account offer on EURUSD and Gold?

The XM Ultra Low Standard Account averages approximately 1.0 pip on EURUSD and approximately 1.6 pips on Gold (XAUUSD). These are variable spreads that fluctuate with market liquidity. Spreads are tightest during the London and New York overlap session and widen during low-liquidity periods and major economic events. These figures are roughly half of the equivalent Standard Account spreads (2.0 pips EURUSD, 3.6 pips Gold).

XM Ultra Low Standard Account — Tighter Spreads, Free Swap on 28 Pairs, and Who Should Use It

Q: What is the XM Ultra Low Standard Account and how does it differ from Standard?

The XM Ultra Low Standard Account offers the same 100,000-unit lot structure as the Standard Account but with approximately half the spread. EURUSD averages ~1.0 pip on Ultra Low Standard versus ~2.0 pips on Standard. Both accounts have a $5 minimum deposit, no commission, and 1:1,000 maximum leverage. The key differences are: Ultra Low Standard has tighter spreads, includes Free Swap on 28 major pairs plus gold and silver, supports only 6 base currencies (vs 10 on Standard), and is not eligible for the deposit bonus scheme in most regions.

Q: Who should use the XM Ultra Low Standard Account?

The Ultra Low Standard Account is best suited for active forex and gold traders who place multiple trades per day and want to minimise spread costs, traders who hold positions overnight frequently and benefit from Free Swap on covered pairs, scalpers and day traders where the lower spread directly reduces the breakeven threshold on each trade, and traders whose base currency is EUR, USD, GBP, AUD, ZAR, or SGD. It is less suitable for traders who need the deposit bonus, require JPY or CHF base currency, or trade fewer than 5 times per week.

About this guide: xemsignup.com is an independent affiliate website. Ultra Low Standard Account specifications are sourced from XM Global's official account documentation (xm.com/au/account-types) and verified against multiple independent review sources current as of 2026. Accounts are managed by XM Group regulated entities: XM Global Limited (FSC Belize, 000261/397), Trading Point of Financial Instruments Ltd (CySEC Cyprus, 120/10), Trading Point of Financial Instruments Pty Ltd (ASIC Australia, AFSL 443670), and Trading Point MENA Limited (DFSA Dubai, F003484).

On this page

1 XM Ultra Low Standard Account full specifications
2 Ultra Low Standard vs Standard — side-by-side comparison
3 Spread and trading cost with worked examples
4 Free Swap — the full list of 28 pairs plus Gold and Silver
5 Six base currencies — what is available and what is not
6 Deposit bonus — why Ultra Low Standard is not eligible
7 Who should use Ultra Low Standard — and when Standard is better
8 Frequently asked questions

XM Ultra Low Standard Account Full Specifications

Minimum deposit

Contract size

100,000 ইউনিট

Min trade size

0.01 lots

Max per ticket

50 lots

কমিশন

কেউ

Spread type

Variable

EURUSD avg spread

~1.0 pip

Gold avg spread

~1.6 pips

GBPUSD avg spread

~1.3 pips

Max leverage

1:1,000

Margin call

50%

Stop-out

20%

Platforms

MT4 / MT5

Base currencies

Free Swap

28 pairs + Gold + Silver

Deposit bonus

Not eligible*

Neg. balance protection

Yes

EA / Robots

Yes

*Deposit bonus not available on Ultra Low accounts in most regions. Traders Club loyalty programme remains accessible.

Ultra Low Standard vs Standard Account — Side-by-Side Comparison

Feature	Ultra Low Standard	স্ট্যান্ডার্ড
Min. deposit	$5	$5
Contract size	100,000 units / lot	100,000 units / lot
EURUSD avg spread	~1.0 pip	~2.0 pips
Gold avg spread	~1.6 pips	~3.6 pips
কমিশন	কেউ	কেউ
Free Swap	✓ 28 pairs + Gold + Silver	✗ Standard swap applies
Base currencies	6 (EUR, USD, GBP, AUD, ZAR, SGD)	10 (+ JPY, CHF, HUF, PLN)
Deposit bonus eligible	✗ Not eligible (most regions)	✓ Eligible (50% scheme)
Max leverage	1:1,000	1:1,000
Platforms	MT4 / MT5	MT4 / MT5
Neg. balance protection	✓ হ্যাঁ	✓ হ্যাঁ
EA support	✓ হ্যাঁ	✓ হ্যাঁ
সেরা জন্য	Active traders, scalpers, gold traders	Swing traders, bonus users, JPY/CHF accounts

Spread and Trading Cost on Ultra Low Standard — Worked Examples

The Ultra Low Standard Account's tighter spread directly reduces the cost of every trade entry. Since there is no commission, spread is the total trading cost.

Trade cost ($) = Spread (pips) × Pip value

EURUSD at 0.1 lot, 1.0 pip spread (Ultra Low Standard):
Pip value at 0.1 lot = $1.00 per pip
Cost = 1.0 × $1.00 = $1.00 per trade

vs Standard Account — same trade, 2.0 pip spread:
Cost = 2.0 × $1.00 = $2.00 per trade — double the cost

Saving per EURUSD round-trip at 0.1 lot = $2.00 (entry + exit vs Standard)

Monthly spread saving = (Std spread − UL spread) × Pip value × Lots × Trades per month

Active trader: 20 trades/month at 0.1 lot EURUSD:
Saving per trade = (2.0 − 1.0) × $1.00 = $1.00 × 2 (round-trip) = $2.00
Monthly total = $2.00 × 20 = $40.00 saved per month

$40/month saving vs Standard at 20 round-trip trades of 0.1 lot EURUSD

Free Swap on the Ultra Low Standard Account — Full Pair List

One of the Ultra Low Standard Account's most significant advantages over the Standard Account is Free Swap. When holding a position in a covered instrument past the daily rollover (typically 22:00 GMT server time), no overnight swap charge is applied. On a Standard Account, swap charges accumulate every night a position is held.

This feature is particularly valuable for traders who hold positions for multiple days — swing traders, position traders, and those who run long-term gold strategies. For a position held seven nights, Free Swap can eliminate a cost equivalent to several full spreads.

Major USD pairs (7)

EUR crosses (9)

GBP/AUD/NZD crosses + Metals

EURUSD#

EURGBP#

GBPAUD#

GBPUSD#

EURAUD#

GBPNZD#

AUDUSD#

EURNZD#

GBPCAD#

NZDUSD#

EURCHF#

GBPCHF#

USDCAD#

EURJPY#

AUDNZD#

USDCHF#

EURJPY#

AUDCAD#

USDJPY#

EURCAD#

XAUUSD# (Gold)

AUDCHF#

XAGUSD# (Silver)

Free Swap applies only to covered instruments on the Ultra Low account. Currency pairs not in the list above, and instruments such as indices, energy CFDs, cryptocurrency CFDs, and stock CFDs, carry standard swap rates on the Ultra Low Standard Account — the same as on a Standard Account. Always check the specific swap rate for any instrument you plan to hold overnight in MT4 or MT5 before opening the position.

Six Base Currencies — What the Ultra Low Standard Supports and What It Lacks

The Ultra Low Standard Account supports six base currencies: EUR, USD, GBP, AUD, ZAR, and SGD. This covers the primary currencies used by the majority of XM's global client base.

What it does not include: JPY, CHF, HUF, and PLN — all of which are supported on the Standard Account's ten-currency range. For traders in Japan, Switzerland, Hungary, or Poland who want to hold their account balance in their local currency, the Standard Account is the only option for avoiding currency conversion costs on every deposit and withdrawal.

Check your base currency before choosing Ultra Low Standard. If your home banking currency is Japanese Yen, Swiss Franc, Hungarian Forint, or Polish Zloty, you would need to convert to one of the six supported currencies every time you deposit or withdraw on an Ultra Low account. The cumulative conversion cost over time may outweigh the spread saving from choosing Ultra Low over Standard.

Deposit Bonus Eligibility — Why Ultra Low Standard Does Not Qualify

XM's 50% deposit bonus (up to $500 Stage 1, 20% further to $4,500 Stage 2) applies to Standard and Micro accounts only. The Ultra Low Standard Account is not eligible for this bonus scheme in most regions. This is a genuine trade-off: the tighter spread reduces ongoing trading cost, but the absence of the deposit bonus means less initial trading capital from the bonus allocation.

Whether this trade-off favours Ultra Low or Standard depends on how actively you trade. For a high-frequency trader placing 20+ trades per month, the spread saving quickly exceeds any one-time bonus benefit. For a low-frequency trader placing 5 or fewer trades per month, the deposit bonus from the Standard Account may deliver more overall value than the cumulative spread savings on Ultra Low.

Traders Club loyalty programme remains available on the Ultra Low Standard Account. XM Coins (XMC) accumulate based on trading volume and can be converted to cash. This is separate from the deposit bonus and applies regardless of account type in eligible regions.

Who Should Use the Ultra Low Standard Account — and When Standard Is Better

✓ Ultra Low Standard suits you if:

Your situation matches these criteria

You trade actively — 10+ trades per week — where tighter spreads compound into meaningful monthly savings
You scalp or day trade EURUSD or gold — the ~50% spread reduction directly lowers your breakeven threshold per trade
You hold positions overnight frequently — Free Swap on 28 pairs and gold eliminates swap charges on covered instruments
Your base currency is EUR, USD, GBP, AUD, ZAR, or SGD
You do not need the deposit bonus and prefer lower ongoing cost over upfront bonus capital
You run EAs that trade frequently — lower spread means better net EA performance

✗ Standard Account may be better if:

One of these applies

Your base currency is JPY, CHF, HUF, or PLN — only Standard and Micro support these
You want the 50% deposit bonus — Ultra Low does not qualify in most regions
You trade fewer than 5 times per week — the spread saving in dollar terms is small enough that the bonus benefit outweighs it
You are a beginner who wants to maximise initial trading capital from the bonus scheme
You hold positions mainly in non-covered instruments like indices or crypto CFDs — Free Swap does not apply to these

Open your XM Ultra Low Standard Account

~1.0 pip EURUSD spread. Free Swap on 28 major pairs plus Gold and Silver. No commission. $5 minimum deposit. Leverage up to 1:1,000.

Open Ultra Low Standard → Try Demo First →

Frequently Asked Questions — XM Ultra Low Standard Account

What is the XM Ultra Low Standard Account and how does it differ from Standard?

The Ultra Low Standard Account uses the same 100,000-unit lots as Standard but offers approximately half the spread — EURUSD averages ~1.0 pip vs ~2.0 pips. It also includes Free Swap on 28 major pairs plus Gold and Silver. Trade-offs: only 6 base currencies (vs 10 on Standard) and not eligible for the deposit bonus in most regions. Both have $5 minimum deposit and no commission.

What is Free Swap on the XM Ultra Low Standard Account?

Free Swap means no overnight swap fee is charged when holding positions in the 28 covered major currency pairs plus Gold (XAUUSD) and Silver (XAGUSD) past the daily rollover. This eliminates a recurring cost for position and swing traders on covered instruments. Standard swap rates still apply to non-covered instruments like indices, energy CFDs, and crypto CFDs.

Is the XM Ultra Low Standard Account eligible for the deposit bonus?

No. The Ultra Low Standard Account is not eligible for XM's 50% deposit bonus in most regions. The bonus applies only to Standard and Micro accounts. Ultra Low account holders can still earn XM Coins (XMC) through the Traders Club loyalty programme and receive the $30 Trading Bonus where available.

What base currencies are available on the Ultra Low Standard Account?

Six: EUR, USD, GBP, AUD, ZAR, and SGD. The Standard Account supports 10 base currencies (adds JPY, CHF, HUF, and PLN). If your primary banking currency is Japanese Yen, Swiss Franc, Hungarian Forint, or Polish Zloty, the Standard or Micro Account is more suitable to avoid conversion costs on every deposit and withdrawal.

What spread does the Ultra Low Standard Account offer on EURUSD and Gold?

Approximately 1.0 pip on EURUSD and approximately 1.6 pips on Gold (XAUUSD). These are variable spreads that fluctuate with market liquidity — tightest during the London and New York overlap and widest during low-volume periods and major economic releases. Both figures are roughly half those of the Standard Account (2.0 pips EURUSD, 3.6 pips Gold).

Who should use the XM Ultra Low Standard Account?

Active forex and gold traders who place 10 or more trades per week, position traders who frequently hold overnight and benefit from Free Swap, scalpers and day traders where tighter spreads reduce the per-trade breakeven cost, and traders whose base currency is EUR, USD, GBP, AUD, ZAR, or SGD. It is less suitable for traders who need the deposit bonus, require JPY or CHF base currency, or trade fewer than 5 times per week.