XM fees: quick answer
| Fee area | What to check | Notes |
|---|---|---|
| Inactivity fee | Dormancy timing and monthly fee | XM documents reviewed by Clarytrade show $10/month after 90 days of inactivity; verify current terms directly. |
| Withdrawal fees | Payment method, country and intermediary bank charges | Costs can vary by method, account entity and bank/payment provider. |
| Trading fees | Spreads, swaps and account type | Fees can vary by account type and instrument. |
| Other charges | Current client agreement | Always check the latest XM terms before funding an account. |
XM inactivity fee
We read XM's own legal documents first-hand — the CySEC entity's costs-and-charges disclosure and the Belize entity's client agreement — and both state the same policy: after 90 calendar days with no trading, deposits or withdrawals, the account is archived and charged a $10 monthly dormant fee. If the free balance is under $10, the fee is the remaining balance; a zero-balance account is not charged. Separately, twelve months of full inactivity can trigger termination of the client agreement — that is an account-closure clause, not an extra fee.
Correction (10 Jul 2026): an earlier version of our database listed "$15 after 12 months" — a figure still repeated on some third-party sites. XM's costs-and-charges disclosure and client agreement, read first-hand, show $10/month after 90 days; we log corrections like this publicly.
- The 90-day clock runs from your last trade, deposit or withdrawal — not from logins alone, per the policy wording.
- Never-funded accounts are archived after 60 days under the offshore entity's terms.
- Planning a long break? Withdrawing your balance first sidesteps dormancy charges entirely.
For a deeper breakdown — dormant vs terminated accounts, how to avoid the fee, and what to check in the client agreement — read the dedicated XM inactivity fee guide.
XM charges by account type and entity
XM's core retail accounts are spread-only: the cost of a trade is built into the bid–ask spread with no separate per-lot commission. The exception is the XM Zero account — per XM's official cost disclosure, it is the only account type that charges commission: $7 per $100,000 traded round-turn ($3.50 per side). Entity matters too: XM operates through several legal entities (ASIC, CySEC, DFSA, FSC registrations), and the entity that onboards you sets your regulator, any compensation cover (ICF up to €20,000 (CySEC clients)— CySEC entity only), leverage and some fee details. The dormancy policy we checked was identical in both the CySEC and offshore entities' documents, but always confirm for yours — use the entity checker to see which XM entity likely applies to your country.
| Fee area | Verified figure | Source |
|---|---|---|
| Inactivity fee | $10/month after 90 days inactive (balance if <$10; zero = no charge) | XM costs-and-charges + client agreement (read first-hand) |
| EUR/USD spread (Standard/Micro) | 1.6 pips used as the official worked example; spreads are variable | XM cost disclosure (CySEC entity) |
| Commission | XM Zero only: $7 per $100k round turn; other accounts none | XM cost disclosure |
| Minimum deposit | $5 | Our broker database |
| Third-party deposit handling | $50 if a deposit comes from someone other than the account holder | Client agreement §72.5 |
| Chargeback research fee | $150 if you file a card chargeback on a deposit | Client agreement §76.1 |
| VPS | $28/month prepaid (free-VPS eligibility claims not verified in the legal docs) | XM VPS terms |
| Typical withdrawal time | 1–2 days | Our broker database |
Costs and charges may vary depending on the jurisdiction, account type and entity that holds your account, and XM can revise its schedules — the binding version is always the current client agreement.
XM withdrawal fees
XM's legal documents don't publish a simple withdrawal-fee table — they reserve the right to set deposit/withdrawal fees, and name specific charges we read first-hand: a $50 handling fee for third-party deposits (§72.5) and a $150 research fee for card chargebacks (§76.1). For the full breakdown — the unverified "$200 wire" claim, methods, timing, the same-method rule and conversion costs — read the dedicated XM withdrawal fees guide.
XM spreads and swaps
Spread is the always-on cost: it applies the moment a position opens. Swap (overnight financing) applies to positions held past the daily rollover — 22:00 GMT at XM, with a triple-day charge on Wednesdays for FX and precious metals and on Fridays for cash indices, energies and stock CFDs (per XM's own documents). Check the specific instrument's swap in the platform before holding overnight. XM offers Islamic swap-free accounts on request (justification can be required); note that "fair value adjustments" replace swaps on certain instruments, so overnight holding is not automatically free. For how spread-only pricing compares with commission accounts generally, see spread vs commission accounts.
What to verify before depositing with XM
- The current inactivity/dormancy policy in the client agreement (amount + trigger period).
- Which legal entity is onboarding you, and its regulator.
- Live spreads on the instruments you actually trade, not just EUR/USD.
- Swap rates if you hold positions overnight.
- Withdrawal method, minimums and any third-party charges for your country — see how withdrawals work.
Compare XM with other brokers
Fee structures only make sense side by side: a wider spread with no commission can beat a raw spread plus commission at small sizes, and lose at large ones. Compare XM fees with other brokers available in your country, see the all-in cost table across every broker we track, or put XM next to a commission-model broker like Exness via the Exness fees guide. The XM scan page shows the full pre-deposit check — regulation, withdrawal friction and red flags alongside fees.