XM Micro Account Guide

Search for "XM Micro account" and you will find confident articles describing it in detail, alongside other reviews saying it no longer exists. Both can be partly right, because XM operates through several legal entities and each one can offer a different account menu. This independent ExemSignup guide does not pretend to know the answer for your country. Instead, it explains what a micro account is designed to do, how to check whether you can open one, and how to get a similar result if you cannot.

What the conflicting reports say

Third-party reviews published in 2026 split into two camps. One group lists Micro alongside Standard and Ultra Low. The other notes that XM's main account-types page shows Standard, Ultra Low and Shares only. There are several plausible reasons for the gap: reviews written from different countries, older articles that were never updated, or an account that remains available to some existing clients but is no longer offered to new ones.

Because of this, we will not quote spreads, leverage or deposit figures specifically for the Micro account. Any number you see elsewhere should be checked against the account specifications shown to you during registration.

What a micro account is, in general

Across the industry, a "micro" account usually changes one thing: the contract size. On a standard-size contract, 1.00 lot equals 100,000 units of the base currency. On a micro-style contract, 1.00 lot is commonly 1,000 units, one hundred times smaller.

That matters for two reasons:

• Risk per pip is tiny. On EUR/USD, one pip on 1,000 units is worth about USD 0.10. A 20-pip move costs or earns about USD 2.
• Position sizing becomes more precise. With a small balance, you can scale positions in very small steps and keep each trade's risk to a small percentage of the account.

Some brokers also display micro-account balances in cents, so a USD 10 deposit shows as 1,000 units of balance. Whether any XM account works this way for your entity is something to confirm on the specification sheet.

Worked example: micro lot versus standard lot

These figures are hypothetical, chosen for easy arithmetic, and not a quote of XM pricing.

Imagine a trader with a USD 100 balance who wants to risk no more than 2 percent, or USD 2, on a trade with a 25-pip stop-loss on EUR/USD.

1. Risk per pip allowed: USD 2 divided by 25 pips = USD 0.08 per pip.
2. On a standard-size contract: one pip on 0.01 lot is about USD 0.10. The smallest available size already risks USD 2.50 on that stop, which is 2.5 percent, slightly over the plan.
3. On a micro-size contract: one pip on 1.00 micro lot (1,000 units) is about USD 0.10, but you could trade 0.80 micro lot (800 units) for about USD 0.08 per pip, which fits the plan exactly, provided the account allows that increment.

The difference looks small, but on a tiny account the ability to size precisely is what keeps one bad trade from becoming a large share of your balance. The spread cost scales the same way: a hypothetical 2-pip spread on 1,000 units costs about USD 0.20 per trade.

How to check whether Micro is available to you

1. Open the registration form and select your real country of residence. Do not choose another country to see a different menu; your account must match your verified documents.
2. Look at the account-type selector. If Micro is listed, it is offered to new clients of the entity you are being placed with.
3. Read the entity name in the page footer and the client agreement, so you know which set of terms applies.
4. If you already have a profile, check the "open additional account" option in the Members Area, since the list there reflects what you can actually open.
5. If still unsure, ask XM support directly and keep the answer in writing.

If Micro is not on your form

You can get most of the practical benefit of a micro account without one:

• Use 0.01 lot on a Standard account. Many standard accounts accept 0.01 lot (1,000 units) as the minimum trade. That gives the same per-pip exposure as a typical 1.00 micro lot, just without finer steps below it. See our Standard account guide.
• Trade instruments with smaller contract values. Some CFDs have lower per-point values than major forex pairs. Check the contract specifications before assuming.
• Keep leverage low. Small positions combined with a modest leverage setting reduce the chance of a margin call.
• Practise on demo first. A demo account lets you test sizing rules with virtual money until they feel natural.

Who micro-style trading suits

Micro-lot trading suits new traders moving from demo to live, people testing an automated strategy with real execution but minimal exposure, and anyone with a small balance who wants strict risk control. It does not make trading safer in itself; it only shrinks the size of each mistake. Over many trades, spread costs still add up, and a strategy with no edge loses money at any size.

For a wider view of how Micro fits beside the other types, read XM account types explained.