No commission on XM Standard, Micro or Ultra Low accounts — trading cost is built into the spread. The Shares account charges a per-trade commission on individual stock CFDs.
Direct answer
For most retail traders at XM, there is no per-trade commission. All costs on Standard, Micro and Ultra Low accounts come from spread plus overnight swap. The Shares account is the exception: because spreads on individual stocks are tight, XM charges a small commission per trade in line with industry practice.
How XM’s cost model compares
| Account | Spread on EURUSD | Commission | Total cost (1 lot) |
|---|---|---|---|
| XM Standard | ~1.6 pips | $0 | ~$16 |
| XM Ultra Low | ~0.6 pips | $0 | ~$6 |
| Generic ECN raw | ~0.1 pips | $7 round-turn | ~$8 |
When commission would be cheaper
Commission accounts (raw-spread/ECN) typically beat XM Ultra Low by $2–$3 per round-turn lot on majors. For a low-frequency trader the difference is rounding error; for a high-frequency scalper or large institutional flow, it can dominate. Match the cost model to your style.
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FAQ
Does XM charge a commission?
No commission on XM Standard, Micro or Ultra Low accounts — trading cost is built into the spread. The Shares account charges a per-trade commission on individual stock CFDs.
Is the $30 bonus eligible on commission accounts?
No. Bonus eligibility can be restricted to selected account types.
What is the Shares account commission?
It varies by exchange and instrument; the rate is shown in the trading conditions for each share CFD.
Related XM guides
- XM Spreads Compared
- Are there hidden fees at XM?
- What is the difference between XM Standard and Ultra Low?
- XM vs IC Markets — which is better?
- Old XM $30 Bonus Status