KIWAMI Extreme Account Spread List and Features

XM's 'KIWAMI Extreme Account' features zero trading fees and extremely narrow spreads.
Furthermore, it is a highly spec'd account type that is swap-free (no swap points are generated).

Currently, the KIWAMI Extreme Account is the most recommended main account on XM.

Here is an explanation of the spread list focusing on major currency pairs and their trends.

KIWAMI Extreme Account Spread List

Listed below are only the major currency pairs and CFD instruments.

The values in the table are in points. 10 points is equivalent to 1.0 pip.

Spreads for Oil and Stock Index CFDs are the same as the Standard Account.

Trends and Strengths of KIWAMI Extreme Account Spreads

Major USD Pairs are Excellent

• USD/JPY
• EUR/USD
• GBP/USD

Considering the maximum leverage is 1,000x,
the spreads for these major currency pairs can be considered highly excellent.

Although I feel they could do a little better with USD/JPY,
it is certainly not something to complain about.

Not limited to the KIWAMI Extreme Account,
it is clear that major USD pairs should be the main instruments in forex trading.

Cross-Yen Pairs are Somewhat Wide

The spreads for Cross-Yen pairs like EUR/JPY and GBP/JPY are honestly a bit wide and not ideal.

It is somewhat disappointing that the spread exceeds 2 pips despite it being a low spread account.

However, since Cross-Yen pairs are synthetic currencies of USD/JPY and major USD pairs,
the difficulty of predicting price movements is higher, so it may not be something to trade aggressively on XM anyway.

Gold Spread is Excellent and 'Swap-Free'

Gold (GOLD#), a CFD that has gained overwhelming popularity since 2019,
has an excellent spread of around 2 pips.

Other overseas FX brokers often have spreads around 3 pips, and XM's Standard Account is also around 3.5 pips.
Therefore, the KIWAMI Extreme Account offers a very easy-to-trade spread for Gold.

Furthermore, the biggest advantage of the KIWAMI Extreme Account is that major instruments like Gold are 'Swap-Free'.

Since negative swaps are not deducted even if you hold a position overnight,
it is perfectly suited for swing trading.

However, since Gold has much higher volatility than forex currency pairs,
trading with high leverage too casually can lead to an instant stop-out, so please be cautious.

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Bitcoin Spread is Also Excellent

The spread for Bitcoin (BTCUSD) is almost fixed at $30.

It is not uncommon for overseas FX brokers to have BTCUSD spreads of over $50,
so this is quite an excellent level.

Furthermore, Bitcoin leverage is 500x, which is the highest level among all brokers,
making it easy to start with a small amount.

Again, please note that Bitcoin, like Gold, has higher volatility than currency pairs,
so trading with extreme full leverage can lead to a quick stop-out.

Although the spread for Ethereum (ETHUSD) is 3.45, which is not bad,
considering the price difference of nearly 40 times between Ethereum and Bitcoin as of 2026, the spread is relatively wide.

I don't think there is much need to deliberately trade Ethereum instead of Bitcoin on XM.

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Comparison with Other Account Types

To clarify the position of the KIWAMI Extreme Account,
I have briefly summarized the differences from other account types.

Differences from the Standard Account

While the KIWAMI Extreme Account has narrow spreads and is swap-free,
it is not eligible for XM's main attractions: 'Deposit Bonus' and 'XMP (Loyalty Program)'.

It is recommended to use the Standard Account when you want to boost your margin at once utilizing the deposit bonus,
and switch to the KIWAMI Extreme Account after using up the bonus or when you want to minimize pure trading costs (spreads).

Differences from the ZERO Account

XM has another account specialized in low spreads: the 'ZERO Account'.

The ZERO Account offers extremely narrow spreads starting from 0 pips for USD/JPY,
but instead, a trading fee of $10 round trip per lot (equivalent to about 1.0 pip) is charged.

Since the KIWAMI Extreme Account has 'zero' trading fees,
when comparing the effective spread (total cost) including fees, the KIWAMI Extreme Account is cheaper for most currency pairs.

Furthermore, the ZERO Account limits maximum leverage to 500x and does not allow cryptocurrency trading.
Therefore, unless you have a specific reason like using a special EA (Expert Advisor), choosing the KIWAMI Extreme Account is the right answer.

Open a KIWAMI Extreme Account with XM

関連記事

XM Standard Account Spread List

XM Zero Account Spread List: Why It's Hard to Recommend Compared to the KIWAMI Extreme Account