XM Micro Account Review: Lot Size, Deposit and Costs

XMTrading's Micro account is built for small position sizes. The headline difference from Standard is not price but the size of one lot. This review explains the lot math, the limits, what a trade costs, who the account suits, and how cashback behaves when your lots are small. For all four account types side by side, see XM account types compared.

Key takeaways

• On the Micro account, 1 lot is 1,000 units. On Standard, 1 lot is 100,000 units. So 0.01 of a Standard lot (1,000 units) equals 1 Micro lot.
• Minimum trade size is 0.1 lot on MT5 and 0.01 lot on MT4; the maximum is 100 lots. Leverage goes up to 1000:1, spreads start from 1 pip, and there is no commission.
• Minimum deposit is 5 USD, margin call is 50% and stop-out is 20%. There is no Micro demo account (demos exist for Standard, Zero and KIWAMI).
• Micro qualifies for a deposit bonus: 100% up to 500 USD, then 20% up to 10,000 USD (terms apply), plus the 13,000 JPY account-opening bonus (terms apply).
• Cashback is based on lots traded, and a Micro lot is small. Read the Micro per-lot rate from the live table below and compare it with Standard before choosing.

Key specifications

As with other XMTrading accounts, "from 1 pip" is a minimum. Live spreads are usually wider and move with news and liquidity.

The lot math

Forex lots are fixed contract sizes. The naming differs between brokers, so be careful with the word "micro".

• A standard Forex lot is 100,000 units of the base currency.
• A micro lot is 1,000 units, one-hundredth of a standard lot.
• On XMTrading Standard, the smallest trade is 0.01 lot, which is 1,000 units.
• On XMTrading Micro, 1 lot already means 1,000 units. So Micro's 1 lot equals Standard's 0.01 lot in exposure.

Worked example (illustrative, EURUSD, account in USD): on Standard, 1 lot (100,000 units) moves about 10 USD per pip. On Micro, 1 lot (1,000 units) moves about 0.10 USD per pip. To get the same 10 USD per pip on Micro, you would trade 100 Micro lots, which is exactly the 100-lot maximum.

The minimum also differs by platform. On MT5, the smallest trade is 0.1 Micro lot, which is 100 units, about 0.01 USD per pip on EURUSD. On MT4, the smallest is 0.01 lot, which is 10 units. If your goal is the smallest possible position, Micro on either platform goes below Standard's 0.01 lot (1,000 units). For general lot and pip math, see forex lot size calculator explained.

The 100-lot cap sounds large, but on Micro it equals only 100,000 units, the same exposure as a single Standard lot. Larger traders should use Standard (maximum 50 lots, which is 5,000,000 units).

Gold works differently from FX, so do not assume the Micro contract is a simple fraction. The Micro gold symbol is GOLDmicro; check its contract size in the specification before sizing a trade. Our how much is one lot of gold article explains the standard gold lot.

What a trade costs

Micro has no commission, so the cost of a trade is the spread, plus swap if you hold overnight. With hypothetical numbers:

For the same exposure, the cost is the same in principle, because both accounts quote from 1 pip and have no commission. Micro does not make trading cheaper; it makes small positions available at the lot level, which is useful on a small balance. What you pay in practice depends on the live spread on each account, so compare them before committing real money. There is no Micro demo, but you can look at Standard's live specification for the same pair as a rough guide, then check the Micro symbol in your platform before trading.

Who Micro suits

• Beginners who want to test a strategy with real money at very small size.
• Small balances: with a 5 USD minimum deposit and tiny positions, one loss cannot take a large share of the account. The minimum deposit is the same across account types; see XM minimum deposit by account type.
• Traders who size positions precisely and want to change size in small steps.
• Traders who want the deposit bonus (terms apply) and accept its conditions.

It is less suitable if you trade larger sizes (100-lot cap, and the Micro instrument list leaves out thematic indices), or if you want KIWAMI's swap-free option or Zero's tighter spread. On leverage: 1000:1 is the maximum, and a high ratio increases both gains and losses. See XM leverage explained.

Cashback on Micro lots

CB-Dogs receives an advertising fee from XMTrading and passes 60% of the IB commission actually received back to you as cashback. Cashback is calculated on the total closed volume you trade, not on profit or loss, and not on how you split the size into individual trades. As covered in our lot size guide, ten small trades that add up to the same volume earn the same total as one big trade.

The point to watch on Micro is the unit. Cashback is paid per lot, and a Micro lot is only 1,000 units. So even a busy month in Micro lots represents a small volume in real terms, and the cashback in dollars will be small too. Compare the Micro row in the live table with Standard's, and think in exposure rather than lot count: 100 Micro lots equal one Standard lot in exposure. We do not hard-code rates here.

Cashback is paid in USDT on the TRC20 network only. Minimum withdrawal is 10 USDT; withdrawals of 50 USDT or more are free, and below 50 USDT there is a 3 USDT fee. With small Micro volumes it can take a while to reach 10 USDT. See how it works for the full details.

What is a lot on the XM Micro account?

On XMTrading's Micro account, 1 lot is 1,000 units of the base currency, compared with 100,000 units on Standard. That makes 1 Micro lot equal to 0.01 of a Standard lot in exposure.

What is the minimum lot size on the XM Micro account?

What is the XM Micro account minimum deposit?

XM Micro vs Standard: which should I choose?

Is there an XM Micro demo account?

Summary

The Micro account is XMTrading's small-size account: 1,000-unit lots, 5 USD minimum deposit, no commission, and spreads from 1 pip. It does not lower your cost per unit of exposure compared with Standard; it lets you trade small. Check the live cashback table for the Micro rate and judge it by exposure rather than by lot count.