Professional accounts are tailored for both experienced and novice traders, offering zero trading commissions with narrower spreads than standard accounts. They strike a balance between no-commission standard accounts and fee-based zero accounts, catering to a broad range of trading strategies. XM, Exness, HFM, FXGT, FxPro, and XS all offer professional accounts, each providing specific benefits such as high leverage or special bonuses like the account opening bonus from XM’s KIWAMI Extreme Account. Professional accounts generally allow high leverage with some offering up to unlimited leverage, and they often come with lower minimum deposit requirements, making them accessible to a wide range of traders. Despite the perks, each account has different conditions and restrictions that may affect trading strategies, such as leverage limits and spread widths.

Aspect Details
Definition Professional accounts offer zero trading commissions with narrower spreads than standard accounts.
Target Traders Suitable for both experienced and novice traders looking for balance between standard and zero accounts.
Available Brokers XM, Exness, HFM, FXGT, FxPro, XS.
Key Benefits High leverage (up to unlimited), low spreads, no commission fees, and access to bonuses.
Bonuses XM’s KIWAMI Extreme Account offers an account opening bonus; other brokers provide varied benefits.
Leverage Exness offers unlimited leverage; other brokers provide up to 1,000x or lower.
Minimum Deposit Varies by broker, with XM and FXGT allowing deposits as low as 5 USD.
Risks High leverage increases both potential gains and losses; traders should use risk management strategies.
Trading Restrictions Some accounts impose leverage restrictions during specific market conditions or trading volumes.
Eligibility Open to all traders, including beginners, without special qualifications required.

What is a Popular Professional Account in FX Providers?

A professional account with FX providers is a type of account that maintains zero trading commissions like a standard account but with narrower spreads.

A professional account is not limited to professional traders. Even FX beginners can open and trade with a professional account.

Before the introduction of professional accounts, the choice was between a “standard account with wide spreads and no trading fees” and “premium accounts like the zero account with narrow spreads but with trading fees.”

The professional account is a type of account that targets a middle ground between the standard and zero accounts.

At XM, the KIWAMI extreme account, which is their version of the professional account, has shown that long-term traders prefer the KIWAMI extreme account over the standard account.

FX Providers Offering Professional Accounts

The following are FX providers (FX brokers/FX companies) that offer professional accounts.

FX Provider Name of Professional Account
XM KIWAMI Extreme Account
exness Professional Account
HFM Professional Account
FXGT Professional Account
FxPro Professional Account
XS Professional Account

Every professional account (or KIWAMI extreme account) at these FX providers offers trading without commission fees and has narrower spreads compared to their standard (or premium) accounts.

Comparison of Bonuses for Professional Accounts at FX Providers

First, here are the differences in bonuses available with XM’s KIWAMI extreme account compared to professional accounts from Exness, HFM, FXGT, FxPro, and XS.

FX Provider Account Type Bonus Comparison
XM KIWAMI Extreme Account Account Opening Bonus
exness Professional Account Exness Premium
HFM Professional Account Loyalty Program HFM Bar
FXGT Professional Account None
FxPro Professional Account None
XS Professional Account None
At XM’s KIWAMI extreme account, you can receive an account opening bonus (no deposit required bonus) that lets you start FX trading without your own funds.

The only FX provider that offers a no-deposit-required account opening bonus for professional accounts is XM / XMTrading.

Click here for XM’s KIWAMI Extreme Account

Comparison of Maximum Leverage for Professional Accounts at FX Providers

Next, here are the differences when comparing the maximum leverage available with XM’s KIWAMI extreme account to those at Exness, HFM, FXGT, FxPro, and XS.

FX Provider Account Type Maximum Leverage Comparison
XM KIWAMI Extreme Account 1,000x
exness Professional Account Unlimited Leverage
HFM Professional Account 2,000x
FXGT Professional Account 1,000x
FxPro Professional Account 1,000x
XS Professional Account 500x

At Exness’s professional account, you can trade with the highest leverage in FX, which is unlimited leverage.

Click here for Exness’s Professional Account

Comparison of Leverage Restrictions for Professional Accounts at FX Providers

Here are the differences in leverage restrictions when comparing XM’s KIWAMI extreme account with those from Exness, HFM, FXGT, FxPro, and XS.

FX Provider Account Type Leverage Restrictions Comparison
XM KIWAMI Extreme Account When Margin Increases
exness Professional Account When Margin Increases
When Economic Indicators are Released
At Market Open and Close
HFM Professional Account When Margin Increases
FXGT Professional Account When Trading Volume Increases
FxPro Professional Account When Trading Volume Increases
XS Professional Account When Margin Increases
At Market Open and Close

At Exness, not all FX accounts, including the professional account, always allow for unlimited leverage due to multiple leverage restrictions.

Comparison of Minimum Deposit Requirements for Professional Accounts at FX Providers

Here are the differences in minimum deposit requirements when comparing XM’s KIWAMI extreme account with those from Exness, HFM, FXGT, FxPro, and XS.

FX Provider Account Type Minimum Deposit Amount Comparison
XM KIWAMI Extreme Account Equivalent to 5 USD
exness Professional Account Equivalent to 1,000 USD
HFM Professional Account Equivalent to 100 USD
FXGT Professional Account Equivalent to 5 USD
FxPro Professional Account Equivalent to 1,000 USD
XS Professional Account Equivalent to 1,000 USD
XM’s KIWAMI extreme account and FXGT’s professional account allow deposits starting from under 10 USD.

For FX beginners who want to start trading with a small amount, XM’s KIWAMI extreme account or FXGT’s professional account is recommended.

Comparison of Stop Out Levels for Professional Accounts at FX Providers

Here are the differences in Stop Out levels when comparing XM’s KIWAMI extreme account with those from Exness, HFM, FXGT, FxPro, and XS.

FX Provider Account Type Stop Out Level Comparison
XM KIWAMI Extreme Account 20%
exness Professional Account 0%
HFM Professional Account 20%
FXGT Professional Account 20%
FxPro Professional Account 20%
XS Professional Account 20%
With a Stop Out level at 20% margin maintenance rate in a professional account, even if you lose in a trade, you can still have some margin left to stop out and potentially restart trading depending on your initial deposit amount.
With a Stop Out level at 0% margin maintenance rate in Exness’s professional account, you can continue trading until your margin is completely depleted to 0 USD.

In Exness’s professional account, you can trade with unlimited leverage (unlimited leverage) and a required margin of 0 USD, and furthermore, you can continue trading until your margin is completely depleted to 0 USD.

Click here for Exness’s Professional Account

Comparison of Margin Calls for Professional Accounts at FX Providers

Professional accounts at FX providers XM, Exness, HFM, FXGT, FxPro, and XS are all supported by NBP (no additional margin required).

With NBP-supported FX accounts (accounts), there is no risk of debt in FX trading. Traders do not suffer losses exceeding their deposited funds.

Even if you are trading with high leverage and there is a sudden market fluctuation causing a Stop Out (forced liquidation) before you can react, the NBP support means you don’t have to worry about debt.

Comparison of Tradable Instruments for Professional Accounts at FX Providers

Here are the differences in tradable instruments when comparing XM’s KIWAMI extreme account with those from Exness, HFM, FXGT, FxPro, and XS.

FX Provider Account Type Tradable Instruments Comparison
XM KIWAMI Extreme Account FX Currency Pairs
Precious Metals
Energy
Commodities
Stock Indices
Stocks
Cryptocurrencies
exness Professional Account FX Currency Pairs
Precious Metals
Energy
Stock Indices
Stocks
Cryptocurrencies
HFM Professional Account FX Currency Pairs
Precious Metals
Energy
Commodities
Stock Indices
Stocks
Bonds
ETFs
Cryptocurrencies
FXGT Professional Account FX Currency Pairs
Precious Metals
Energy
Stock Indices
Stocks
Cryptocurrencies
FxPro Professional Account FX Currency Pairs
Precious Metals
Energy
Commodities
Stock Indices
Stocks
Cryptocurrencies
XS Professional Account FX Currency Pairs
Precious Metals
Energy
Commodities
Stock Indices
Stocks
Cryptocurrencies

HFM / HFMarkets’s professional account allows trading in FX currency pairs like USD/JPY, gold (gold), crude oil, Nikkei 225 stock index, US stocks, Bitcoin, as well as bonds and ETFs (Exchange Traded Funds) as CFDs (leveraged trading).

Click here for HFM’s Professional Account

Comparison of Swap-Free Options for Professional Accounts at FX Providers

Here are the differences in swap-free options when comparing XM’s KIWAMI extreme account with those from Exness, HFM, FXGT, FxPro, and XS.

FX Provider Account Type Swap-Free Comparison
XM KIWAMI Extreme Account FX Currency Pairs
Precious Metals
Energy
Commodities
Stock Indices
Cryptocurrencies
exness Professional Account FX Currency Pairs
Precious Metals
Stock Indices
Stocks
Cryptocurrencies
HFM Professional Account FX Currency Pairs
Precious Metals
Energy
Stock Indices
Bonds
FXGT Professional Account FX Currency Pairs
Precious Metals
Energy
Stock Indices
FxPro Professional Account None
XS Professional Account None
In Exness’s professional account, the instruments available for swap-free trading vary by trader, and in FXGT’s professional account, the period for swap-free trading is limited.

When comparing the number of instruments available for swap-free trading, XM offers more than HFM.

Click here for XM’s KIWAMI Extreme Account

Comparison of Spreads for Professional Accounts at FX Providers

Here are the differences in spreads when comparing XM’s KIWAMI extreme account with those from Exness, HFM, FXGT, FxPro, and XS.

FX Provider Account Type Minimum Spread Comparison
XM KIWAMI Extreme Account 0.6 pips
exness Professional Account 0.1 pips
HFM Professional Account 0.6 pips
FXGT Professional Account 0.5 pips
FxPro Professional Account 0.6 pips
XS Professional Account 0.7 pips
The above figures represent the minimum spreads for the EURUSD pair as published by the FX providers. Spreads are always subject to change based on market conditions.

While the quality of the trading environment is assessed not only by the narrowness of the spread but also by the rate of order rejections (requotes) and slippage (price slippage), which indicates the execution strength (fill rate), traders seeking narrow spreads might find the Exness professional account (published rates) the most appealing as it potentially comes closest to a spread of 0 pips.

Click here for Exness’s Professional Account

Comparison of Trading Commissions for Professional Accounts at FX Providers

Trading commissions (buy-sell fees) for XM’s KIWAMI extreme account and those at Exness, HFM, FXGT, FxPro, and XS are all free.

In a commission-free professional account, the trading costs you need to be aware of during transactions are only the spread and swap points delivery.

With a swap-free professional account, you also don’t need to worry about potential losses from swap points.

Comparison of Trading Volumes for Professional Accounts at FX Providers

Here are the differences in trading volumes when comparing XM’s KIWAMI extreme account with those from Exness, HFM, FXGT, FxPro, and XS.

FX Provider Account Type Minimum Trading Volume Maximum Trading Volume Comparison
XM KIWAMI Extreme Account 0.01 lots
(1,000 units)
50 lots
(5 million units)
exness Professional Account 0.01 lots
(1,000 units)
200 lots
(20 million units)
HFM Professional Account 0.01 lots
(1,000 units)
60 lots
(6 million units)
FXGT Professional Account 0.01 lots
(1,000 units)
200 lots
(20 million units)
FxPro Professional Account 0.01 lots
(1,000 units)
Not Published
XS Professional Account 0.01 lots
(1,000 units)
100 lots
(10 million units)

Professional accounts that allow large traders to trade without worrying about the upper limit of lot sizes include those from Exness and FXGT.

Comparison of Order Mechanisms for Professional Accounts at FX Providers

Here are the differences in order mechanisms when comparing XM’s KIWAMI extreme account with those from Exness, HFM, FXGT, FxPro, and XS.

FXGT
FX Provider Account Type Order Mechanism Comparison
XM KIWAMI Extreme Account Market Execution
exness Professional Account Instant Execution
HFM Professional Account Market Execution
Professional Account Market Execution
FxPro Professional Account Market Execution
XS Professional Account Market Execution

With instant execution in Exness’s professional account, there is a higher likelihood of encountering requotes, which means orders may not be executed at the desired price.

A requote occurs when an order is not filled at the desired price, preventing the order from being executed.

FAQs to summarize the article

What is a professional Forex account?
A professional Forex account offers narrower spreads and zero trading commissions, suitable for both beginners and seasoned traders.
Which brokers offer professional Forex accounts?
Brokers like XM, Exness, HFM, FXGT, FxPro, and XS provide professional accounts with various trading advantages.
What are the benefits of XM’s KIWAMI Extreme Account?
XM’s KIWAMI Extreme Account offers an account opening bonus, high leverage up to 1,000 times, and is ideal for long-term traders.
How does leverage differ among professional accounts?
Professional accounts vary in leverage; for instance, Exness offers unlimited leverage, while others like XM provide up to 1,000 times.
Are there minimum deposit requirements for professional accounts?
Yes, professional accounts have varying minimum deposit requirements, with some like XM’s KIWAMI Extreme allowing deposits as low as 5 USD.
What should I consider when choosing a professional account?
Consider factors like leverage, spreads, bonus eligibility, minimum deposit requirements, and specific account features tailored to your trading needs.
Do professional accounts have any trading restrictions?
Some professional accounts may have restrictions on leverage during specific market conditions or trading volumes.
Can beginners trade with professional accounts?
Yes, professional accounts are designed to accommodate traders of all levels, including beginners.
What are the risks associated with professional Forex accounts?
High leverage in professional accounts can amplify both gains and losses, so it’s important to manage risk appropriately.
How can I open a professional Forex account?
You can open a professional Forex account by registering with a broker, completing their verification process, and meeting any specific account criteria.
1

DerivDeriv

4.3 rating based on 180 ratings
4.3/5 180
2

FXGTFXGT

4.0 rating based on 44 ratings
4/5 44
3

IronFXIronFX

4.8 rating based on 242 ratings
4.8/5 242
4

XMXM

4.8 rating based on 1,221 ratings
4.8/5 1221
5

EXNESSEXNESS

3.9 rating based on 199 ratings
3.9/5 199
1

bybitbybit

4.2 rating based on 3,330 ratings
4.2/5 3330
2

BinanceBinance

4.3 rating based on 7,672 ratings
4.3/5 7672
3

BitgetBitget

4.3 rating based on 42 ratings
4.3/5 42
4

BitMEXBitMEX

3.8 rating based on 6,919 ratings
3.8/5 6919
5

YObitYObit

2.5 rating based on 5,433 ratings
2.5/5 5433