XM Loyalty Program Overhauled! Standard vs. KIWAMI Extreme: Which is Better?

In December 2025, XMTrading's Loyalty Program underwent a major renewal.

Previously, anyone could reach the highest "Elite" rank just by accumulating "Trading Days". However, the new rules have shifted the focus to "Trading Volume".

The trick of "holding hedged positions and leaving them to rank up" is no longer usable.

So, the burning questions are:

Ultimately, is the KIWAMI Extreme Account with tight spreads a better deal?
Is there any value in using the Standard Account with its wider spreads?

In this article, we explain the specifications of the new Loyalty Program and compare the "Real Costs" to determine which account you should use.

Conclusion: For Cost Efficiency, Choose "KIWAMI Extreme Account" Without Hesitation

To state the conclusion first: When comparing pure trading costs (Spread - Reward Points), the KIWAMI Extreme Account is superior no matter how you look at it.

💡 Conclusion of Comparison

Priority on Cost: KIWAMI Extreme Account (Tight spreads even without XMP)
Priority on Bonus: Standard Account (Can boost margin with Deposit Bonus + XMP)

You might hope that "XMP can cover the wide spreads," but calculations show that the wall of KIWAMI is thick.

Summary of Loyalty Program Changes

First, let's review what has changed.

Item	Old Rule	New Rule
Rank Condition	Trading Days	Quarterly Trading Volume
Point Generation	Hold 10+ min	Hold 5+ min
Number of Ranks	4 Levels	5 Levels (Bronze to Elite)

The good news is that the "Point generation condition has been shortened from 10 minutes to 5 minutes". It is now easier to earn points even with scalping-like trades.

The bad news (or rather, the stricter part) is that "Trading Volume (Lots)" is now required for ranking up.

The old strategy of "holding a micro lot position and leaving it alone" will leave you at the Bronze rank forever.

New Rank Conditions and Reward Rates

To reach the highest "Elite" rank, you need to trade approximately 3,000 Lots ($300 million volume) in a quarter (3 months). This is a fairly high hurdle for general traders.

Status	Required Volume (Quarterly)	XMP per Lot
Bronze	None	10 XMP
Silver	$2M+ (Approx. 20 Lots+)	Up to 12.5 XMP
Gold	$10M+ (Approx. 100 Lots+)	Up to 15 XMP
Platinum	$50M+ (Approx. 500 Lots+)	Up to 20 XMP
Elite	$300M+ (Approx. 3,000 Lots+)	Up to 30 XMP

*Required lots are estimates based on standard contract sizes (1 Lot = 100,000 units).

What is the "Real Spread" Including XMP?

Now, let's calculate the "Real Cost" that matters most.

XMP can be exchanged for "Cash", but the exchange rate is significantly lower, so we calculate based on the premise of exchanging for "Credit (Bonus)" to use in trading.

Exchange rate for Credit: XMP ÷ 3 = USD Value

Even at Highest Rank "Elite", It Can't Beat KIWAMI

Let's compare the real cost when trading 1 Lot of EUR/USD (or USD/JPY).

Prerequisites

Standard Account Spread: 2.0 pips (Avg Estimate)
KIWAMI Extreme Account Spread: 0.7 pips (Avg Estimate)
Elite Rank Reward: 30 XMP (per Lot)

Calculation of Reward Value
30 XMP ÷ 3 = $10 Credit Reward.
For EUR/USD (1 Lot = $10 per pip), this converts to a reduction of 1.0 pip.

▼ Comparison of Real Spreads

Account Type	Displayed Spread	XMP Reward	Real Spread
Standard (Elite Rank)	2.0 pips	-1.0 pips	1.0 pips
KIWAMI Extreme	0.7 pips	None	0.7 pips

Yes, the result is clear.

Even if you climb to the highest Elite rank and fully utilize XMP, the KIWAMI Extreme Account is cheaper from the start.

If your rank is Bronze or Silver, the difference is even wider.

If you prioritize "Tight Spreads" or "Total Trading Costs", the correct answer is to forget about XMP and use the KIWAMI Extreme Account.

Is There Still Value in Using the Standard Account?

You might think, "Then there is no need to use the Standard Account," but that's not necessarily true.

It has a powerful weapon that KIWAMI does not: the "Deposit Bonus".

1. Boost Margin with "Deposit Bonus" + "XMP"

The biggest merit of using XM is the Deposit Bonus.

If you deposit $500, you get a $500 bonus and start with $1,000 margin. The KIWAMI account cannot do this.

Furthermore, if you exchange accumulated XMP for credit, you can "increase margin without using cash".

KIWAMI Account: Spreads are tight, but since there is no deposit bonus, you need a certain amount of cash margin.
Standard Account: Spreads are wide, but you can create a "margin buffer that doesn't hurt even if lost" using bonuses and XMP.

If your style is not scalping for a few pips, but "using bonuses to aim for large price movements in Day Trading to Swing Trading", the combination of Standard Account + XMP remains powerful.

2. Standard is Excellent for Crypto and Nikkei 225

The above applies to Forex, but CFD instruments are a different story.

For example, Bitcoin (BTCUSD) and Nikkei 225 (JP225) have competitive spread settings on the Standard Account, even compared to the KIWAMI account or other brokers.

Since these have high volatility, the merit of "increasing margin maintenance ratio with deposit bonuses" often outweighs the wideness of the spread.

Summary: Choose Based on Your Style

The renewed Loyalty Program has become a bit stricter for light users due to the "Trading Volume" condition.

However, the fact that "Points are earned with 5-minute holding" is good news for day traders.

Type	Recommended Account
Scalping Focus Prioritize minimizing costs	KIWAMI Extreme Correct to prioritize spreads even ignoring XMP
High Leverage One-Shot Want to increase margin with bonus	Standard Secure margin with Deposit Bonus and XMP
CFD Trading Main Nikkei 225, Gold, etc.	Standard Bonus is effective due to high volatility

If you use the Standard Account aimlessly just because "I can get XMP", you will lose on costs.

The optimal solution for XM strategy in 2026 is to clearly distinguish your purpose: "Standard for getting bonuses" and "KIWAMI for lowering costs".