XM's official account-type page shows a $5 minimum deposit on displayed trading account plans, but the current country-specific bonus does not require any deposit before claiming.
Direct answer
XM's headline minimum deposit is $5 on the account plans shown on its official account-type page. That number only matters if you intend to deposit. The country-specific deposit bonus is a separate, deposit-free entry point: it is credited to eligible clients after verification without any funding at all. If you later choose to add capital, the $5 minimum is technically possible, but the practical minimum is set by your payment method and trading plan.
XM minimum deposit by account type
| Account | Minimum deposit | Bonus eligible? | Best for |
|---|---|---|---|
| No deposit bonus account | $0 | Yes — $30 credit | Risk-free testing |
| Standard | $5 | Yes | Beginners, small live capital |
| Micro | $5 | Yes | Practising lot sizing |
| Ultra Low / low-spread plans | $5 on XM's current account-type page | Usually no | Tighter pricing, depending on entity |
| Zero account | $5 on XM's current account-type page | No | Raw spread + commission pricing |
Should you deposit at all? Decide in 4 steps
Try the $30 first
If you have never traded live with XM, claim the no deposit bonus before you put a single dollar in. It is the cheapest way to confirm execution, spreads and withdrawal flow are real.
Decide your real risk capital
If you do plan to deposit, work out how much you can afford to lose entirely. The $5 technical minimum is irrelevant — what matters is the figure that does not change your life if it goes to zero.
Pick the account that fits
Standard / Micro keep you bonus-eligible. Ultra Low or Zero have tighter pricing but cancel bonus rights. Picking by spread and ignoring the table above is the most common mistake.
Use a method whose minimum matches
Bank wires often have practical minimums of $50–$200 due to bank-side fees. Cards and e-wallets accept the $5 figure. Match the method to the deposit you actually want to make.
Common mistakes around XM minimum deposit
- Depositing $5–$10 expecting to "trade properly" — margin and lot sizing make small balances effectively unusable on Standard.
- Choosing Ultra Low or Zero for the lower spread, then losing access to the current country-specific bonus.
- Treating bank-wire minimums as broker-imposed when they are bank-imposed (XM accepts low amounts; banks may not).
- Funding before claiming the bonus when the bonus does not require any deposit at all.
- Depositing during an active bonus-volume cycle without checking whether it dilutes or affects bonus calculations.
Check the current XM bonus in your country
Country-specific deposit bonus ? Members Area verification required ? Bonus credit is not cash
FAQ
What is the XM minimum deposit?
XM's official account-type page shows a $5 minimum deposit on displayed trading account plans, but the current country-specific bonus does not require any deposit before claiming.
What should I verify before acting?
Check your XM Members Area, account entity, country eligibility, KYC status and the current promotion terms before trading or requesting withdrawal.
Is this financial advice?
No. This is an editorial guide to broker terms and workflow. Forex and CFD trading carries a high risk of loss.