What is XM's standing among overseas Forex brokers?

XM is a veteran broker operating since 2009 and is the most widely used international broker by Japanese traders. Its greatest strengths are its reliability, proven by a long history of withdrawals, and its competitive spreads now offered through the KIWAMI Ultra Low Account.

Is the XM Account Opening Bonus always available?

Yes, it is always available. While the standard amount is 3,000 JPY, it often increases to 13,000–15,000 JPY during campaigns. You can start trading without any initial deposit by simply completing the KYC process.

Is there a risk of debt in overseas Forex trading?

No. XM provides 'Negative Balance Protection' (Zero Cut System), which clears any negative balance in the event of extreme market volatility. You will never lose more than the amount you deposited.

Which XM account type is the most recommended?

The 'KIWAMI Ultra Low Account' is the best choice. It offers tight spreads and is swap-free for major pairs and Gold, allowing you to hold positions across days without negative swap costs.

Is XM suitable for mobile trading?

Yes, you can trade comfortably on mobile using the standard MT4/MT5 apps. For those seeking professional technical analysis tools, we recommend using the MT5 app over XM's proprietary app.

What is XM/XMTrading? - Smartphone XM

What is XM?
Advantages of XM
1. Constant Account Opening / No-Deposit Bonuses
2. Maximum 1,000x Leverage and Zero Cut System
3. Comfortable Trading on Mobile Devices
4. Overwhelmingly Low Costs with the KIWAMI Ultra Low Account

[Until 5/15] XM Limited-Time Account Opening Bonus $15,000!

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What is XM?

XM/XMTrading is a well-established overseas Forex broker that has been in operation since 2009 and boasts the largest number of Japanese users among all international brokers.

Abundant track record of operations and successful withdrawals over 10+ years
Trading conditions and customer support that are among the best in the industry
High leverage up to 1,000x and Negative Balance Protection (No Margin Calls)

In the past, XM was often evaluated as having "wide spreads," but with the introduction of the KIWAMI Ultra Low Account, it has become a top-tier recommendation for everyone from beginners to advanced traders.

Advantages of XM

1. Constant Account Opening / No-Deposit Bonuses

XM consistently offers an account opening bonus (no-deposit bonus) ranging from 3,000 JPY to as much as 13,000–15,000 JPY during special campaigns.

Since you can receive this credit simply by opening an account and completing the identity verification (KYC) process, we highly recommend starting your journey during a campaign period.

2. Maximum 1,000x Leverage and Zero Cut System

While domestic Japanese brokers are limited to a maximum leverage of 25x, XM allows you to trade with leverage up to 1,000x.

Previously set at 888x, XM expanded its maximum leverage to 1,000x following the industry trend after 2020.

Furthermore, XM implements a "Zero Cut System" (Negative Balance Protection), which means even if your account balance becomes negative due to sudden market fluctuations, XM will cover the deficit.

There is absolutely no risk of incurring debt beyond your initial deposit, allowing for more aggressive trading with smaller capital compared to domestic brokers.

3. Comfortable Trading on Mobile Devices

XM supports the world-standard MT4/MT5 platforms, allowing you to trade comfortably from your smartphone using their dedicated apps.

How to Trade and Initial Setup for the Mobile MT5 App

While XM has its own proprietary app, we recommend the MT5 app for professional trading as it offers a wider range of technical indicators.

4. Overwhelmingly Low Costs with the KIWAMI Ultra Low Account

The most recommended account type at XM is the "KIWAMI Ultra Low Account."

Differences Between XM Account Types: Why the KIWAMI Account is Recommended

The KIWAMI account not only offers tight spreads but also provides a powerful Swap-Free feature for major currency pairs like USDJPY and commodities like Gold (XAUUSD). This allows you to hold positions overnight without worrying about negative swap costs, making it ideal for both day trading and swing trading.