The XM Kiwami Account is a newly introduced Forex trading account offering high leverage up to 1,000x, swap-free trading, and extremely low spreads. Unlike the standard account, it does not provide deposit bonuses or loyalty rewards but compensates with lower trading costs and no transaction fees. It supports multiple asset classes, including Forex, precious metals, energy, commodities, stock indices, and cryptocurrencies, with a focus on swap-free trading. The account also provides a cashback option for traders, making it an attractive alternative for cost-conscious and long-term traders. Despite its advantages, it has some limitations, such as ineligibility for certain bonuses and a slightly wider spread compared to the XM Zero account.

What is XM’s Kiwami Account (Kiwa mi account)?

Forex broker XM / XMTrading’s Kiwami Account is a new account type introduced at the end of October 2022.

• Kiwami Account←The newest
• Standard Account
• Micro Account
• XM Zero Account

The Kiwami Account (Kiwa mi account) is XM’s first trading account where anyone can trade FX swap-free.

Click here for Kiwami Account

We asked XM, “What kind of traders are using the Kiwami Account?”

In meetings with the people at XM, Hercules Finance asked, “Which FX traders are popular with the Kiwami Account?”

Most traders who trade with the Kiwami Account have been trading for a longer period than those trading with a standard account.
If you want all of XM’s bonuses, start trading with a standard account and switch to a Kiwami Account if you want narrower spreads and lower trading costs.

The Kiwami Account at XM does not have hidden costs like opaque leverage restrictions, execution denials, or slippage that top accounts at other FX brokers might have.

If you’re unsure about XM, start with a standard account, then open a Kiwami Account.

Compare account types here

Features & Benefits of XM’s Kiwami Account

Here are the features and benefits of trading with XM / XMTrading’s Kiwami Account.

1. Unlimited and unrestricted swap-free
2. Receive an account opening bonus
3. Narrower spreads than the standard account
4. Top account with no transaction fees for FX and CFD
5. High leverage trading on U.S. stocks and others

The disadvantages of the Kiwami Account are discussed later in the disadvantages section.

1. XM’s Kiwami Account Swap-Free is Unlimited and Unrestricted

XM / XMTrading’s Kiwami Account is a swap-free account.

Below are the categories of symbols that can be traded swap-free in XM’s Kiwami Account.

• FX Currency Pairs
• Precious Metals (Metals)
• Energy (Futures)
• Commodities (Futures)
• Stock Indices (Futures)
• Cryptocurrencies (Crypto)

In XM’s Kiwami Account, popular symbols like the U.S. Dollar/Japanese Yen (USDJPY), gold (Gold/XAUUSD), crude oil, the Nikkei Stock Average, and Bitcoin (Bitcoin/BTC) are all swap-free.

List of FX Currency Pairs Swap-Free in XM’s Kiwami Account

Below is a list of FX currency pairs that are swap-free in XM’s Kiwami Account.

• AUDCAD
• AUDCHF
• AUDJPY
• AUDNZD
• AUDUSD
• CADCHF
• CADJPY
• CHFJPY
• EURAUD
• EURCAD
• EURCHF
• EURGBP
• EURJPY
• EURNZD
• EURUSD
• GBPAUD
• GBPCAD
• GBPCHF
• GBPJPY
• GBPNZD
• GBPUSD
• NZDCAD
• NZDCHF
• NZDJPY
• NZDUSD
• USDCAD
• USDCHF
• USDJPY

For FX, 29 currency pairs can be traded swap-free in XM’s Kiwami Account.

Start with XM here

List of Precious Metals Swap-Free in XM’s Kiwami Account

Below is a list of precious metals (Metals) that are swap-free in XM’s Kiwami Account.

• Gold (XAUUSD)
• Gold (XAUEUR)
• Silver (XAGUSD)
• Platinum (Platinum)
• Palladium

In XM’s Kiwami Account, gold can be held for any number of days without swap charges, making it ideal for swing trading and long-term investment.

Latest information on KIWAMI

List of Energy (Futures) Swap-Free in XM’s Kiwami Account

Below is a list of energy products that are swap-free in XM’s Kiwami Account.

• WTI Crude Oil
• WTI Crude Oil Mini
• Brent Crude Oil
• Diesel
• Natural Gas

In XM’s Kiwami Account, crude oil can also be traded with high leverage of 66.6 times, without additional margin, and swap-free.

What is the difference between XM’s physical and futures?

List of Commodities (Futures) Swap-Free in XM’s Kiwami Account

Below is a list of commodities that are swap-free in XM’s Kiwami Account.

• Cocoa
• Coffee
• Corn
• Cotton
• Copper
• Soybeans
• Sugar
• Wheat

Commodities (soft commodities) that can be traded swap-free in XM’s Kiwami Account are traded as futures with an expiry date.

What are XM’s Commodities?

List of Stock Indices (Futures) Swap-Free in XM’s Kiwami Account

Below is a list of stock indices (Indexes) that are swap-free in XM’s Kiwami Account.

• Nikkei Stock Average (JP225/NIKKEI)
• European Stock Index 50 (EU50)
• France Stock Index 40 (FRA40/CAC40)
• Germany Stock Index (GER40/DAX)
• Swiss Stock Index 20 (SWI20)
• UK Stock Index 100 (UK100/FTSE100)
• U.S. Nasdaq (US100)
• NY Dow Average (US30)
• U.S. S&P Stock Index 500 (US500)
• U.S. Dollar Index (Dollar Index/DXY)
• VIX Index (Fear Index)

In XM’s Kiwami Account, the Nikkei Stock Average can also be traded with high leverage of 500 times, without additional margin, and swap-free.

What are XM’s Commodities?

List of Cryptocurrencies Swap-Free in XM’s Kiwami Account

Below is a list of cryptocurrencies (digital assets/cryptocurrencies) that are swap-free in XM’s Kiwami Account.

• Bitcoin (Bitcoin/BTC)
• Bitcoin Gold (Bitcoin Gold/BTG)
• Ethereum Classic (Ethereum Classic/ETC)
• Ethereum (Ethereum/ETH)

In XM’s Kiwami Account, cryptocurrency FX (digital asset CFDs) can be traded 24 hours a day, 365 days a year, including weekends and holidays.

Open a Kiwami Account here

Symbols Not Swap-Free in XM’s Kiwami Account

Below are the symbols that cannot be traded swap-free in XM / XMTrading’s Kiwami Account.

• CHFSGD
• EURDKK
• EURHKD
• EURHUF
• EURNOK
• EURPLN
• EURSEK
• EURSGD
• EURTRY
• EURZAR
• GBPDKK
• GBPNOK
• GBPSEK
• GBPSGD
• NZDSGD
• SGDJPY
• USDCNH
• USDDKK
• USDHKD
• USDHUF
• USDMXN
• USDNOK
• USDPLN
• USDSEK
• SDSGD
• USDTRY
• USDZAR
• U.S. Russell Stock Index 2000 (US2000)
• Spain 35 (IBEX35)
• South Africa Stock Index (SA40)
• Netherlands Stock Index (NETH25)
• Italy 40 (IT40/FTMIB)
• Hong Kong Stock Index 50 (HK50/HSI)
• Hang Seng China Enterprise Stock Index (H-share Index)
• S&P Toronto 60 Index (CA60)
• Australia Stock Index 200 (AUS200/S&P ASX200)
• 1inch Network (1INCH)
• AAVE
• Cardano (Cardano/ADA)
• Algorand (Algorand/ALGO)
• ApeCoin (ApeCoin/APE)
• Aptos (Aptos/APT)
• Arbitrum (Arbitrum/ARB)
• Cosmos (Cosmos/ATOM)
• Avalanche (Avalanche/AVAX)
• Axie Infinity (Axie Infinity/AXS)
• Basic Attention Token (Basic Attention Token/BAT)
• Bitcoin Cash (Bitcoin Cash/BCH)
• Chiliz (Chiliz/CHZ)
• Compound (Compound/COMP)
• Curve DAO Token (Curve DAO Token/CRV)
• DASH
• Dogecoin (Dogecoin/DOGE)
• Polkadot (Polkadot/DOT)
• Elrond (Elrond/EGLD)
• Enjin Coin (Enjin Coin/ENJ)
• EOS
• Fetch.ai (Fetch.ai/FET)
• Filecoin (Filecoin/FIL)
• FLOW
• The Graph (The Graph/GRT)
• Internet Computer (Internet Computer/ICP)
• Immutable X (Immutable X/IMX)
• Lido DAO (Lido DAO/LDO)
• Chainlink (Chainlink/LINK)
• Loopring (‎Loopring/LRC)
• Litecoin (Litecoin/LTC)
• Decentraland (Decentraland/MANA)
• Polygon (Polygon/MATIC)
• NEAR Protocol (NEAR Protocol/NEAR)
• OMG
• Optimism (Optimism/OP)
• The Sandbox (The Sandbox/SAND)
• Shiba Inu (Shiba Inu/SHIB)
• SKALE Network (SKL)
• Synthetix (Synthetix/SNX)
• Solana (Solana/SOL)
• Storj (Storj/STORJ)
• Stacks (Stacks/STX)
• SushiSwap (SushiSwap/SUSHI)
• UMA
• Uniswap (Uniswap/UNI)
• Stellar Lumens (Stellar Lumens/XLM)
• Ripple (Ripple/XRP)
• Tezos (Tezos/XTZ)
• Zcash (Zcash/ZEC)
• 0x Protocol (0x Protocol/ZRX)

Exotic currencies, including the Turkish Lira and Mexican Peso, as well as minor currencies, cannot be traded swap-free in XM’s Kiwami Account.

Full list of XM’s symbols here

2. XM’s Kiwami Account Receives Bonuses

Forex broker XM / XMTrading’s Kiwami Account allows you to receive bonuses.

Below are the bonuses and campaigns applicable to XM’s Kiwami Account.

• Account opening bonus
• Limited-time account opening campaign
• Cashback account

In XM’s Kiwami Account, you may also receive a limited-time cashback exclusively from Hercules Finance.

XM’s Kiwami Account also receives an account opening bonus that allows Forex trading without initial capital

Forex broker Kiwami Account also offers an account opening bonus (no deposit bonus) that allows Forex trading without initial capital.

Traders who have already received an account opening bonus in a standard, micro, or XM Zero account cannot receive it when opening a Kiwami Account.

Latest account opening bonuses here

XM’s Kiwami Account Can Also Open a Cashback Account

Forex broker XM’s Kiwami Account can apply a cashback account.

With Hercules Finance’s cashback site “Hercules Finance (Auto Rebate)”, you can get a cashback of up to $13.5 per lot. (Latest cashback rates here)

Hercules Finance here

Bonuses Not Available in XM’s Kiwami Account

Below are the bonuses not available in XM / XMTrading’s Kiwami Account.

• 100% deposit bonus
• 20% deposit bonus
• XM Points (XMP)

The latest list of bonuses can be found on XM’s account opening campaign page.

Although not available in the Kiwami Account, you can receive them by opening additional accounts in the standard or micro account.

Open additional accounts (free) here

3. XM’s Kiwami Account Has Narrower Spreads Than the Most Popular Standard Account

The spreads in XM / XMTrading’s Kiwami Account are narrower than those in the most popular standard account.

The spreads of the Kiwami Account are comparable to those of the European FX account.

The Kiwami Account with Narrower Spreads Generates More Profits Than the Standard Account

XM’s Kiwami Account, with its narrower spreads, generates more profits when placing the same orders.

Below is a comparison of the differences in results when placing a buy order of 0.05 lots for the U.S. Dollar/Japanese Yen (USDJPY) at the same time.

XM’s Kiwami Account executed at a more favorable price than the standard account.

The profit from XM’s Kiwami Account was $0.44 more than from the standard account.

XM’s Kiwami Account here

XM’s Kiwami Account Is Free of Transaction Fees Like the Standard Account

XM’s Kiwami Account, although offering narrower spreads, does not incur transaction fees like some account types.

In addition to narrower spreads, it is a top-tier account that is swap-free and free of transaction fees.

The Kiwami Account offers lower trading costs compared to the XM Zero Account.

Open a Kiwami Account here

Trading Environment and Conditions of XM’s Kiwami Account

Below are the trading environment and conditions for XM / XMTrading’s Kiwami Account.

The latest trading environment and conditions can be confirmed on XM’s account type page.

Official website (xmtrading.com)

Disadvantages of XM’s Kiwami Account Compared to Other Account Types

There are disadvantages to XM’s Kiwami Account.

Below are the disadvantages compared to other account types.

• Cannot receive deposit bonuses
• Not eligible for the loyalty program
• Wider spreads than the XM Zero account that incurs transaction fees

For traders who want lots of bonuses, the standard account is recommended.

For traders who want to minimize trading costs with no transaction fees, XM’s Kiwami Account is recommended.

Features of other account types?

Errors When Unable to Trade with XM’s Kiwami Account

A common question for XM / XMTrading’s Kiwami Account is about being unable to trade or place orders.

Always check the symbols (symbols) you can order.

XM’s Frequently Asked Questions also has the following answer.

Kiwami Account: Tradable symbols are displayed with a hashtag (#) at the end, such as EURUSD# or GBPUSD#.

Apart from the above, the Kiwami Account is also subject to XM’s usual rules.

Start with your first XM Kiwami Account!

Open a Kiwami Account here

FAQs to summarize the article

What is the XM Kiwami Account?

It is a high-leverage, swap-free trading account with ultra-low spreads and no transaction fees.

What is the maximum leverage available?

The Kiwami Account offers leverage up to 1,000x.

Does the account have swap fees?

No, most assets such as Forex, metals, and cryptocurrencies can be traded swap-free.

What is the minimum deposit required?

You can start trading with as little as $5.

Are there any transaction fees?

No, there are no transaction fees for this account.

Which assets can be traded with this account?

You can trade Forex, metals, energy, commodities, indices, and cryptocurrencies.

Does the Kiwami Account offer any bonuses?

Yes, it offers an account opening bonus and cashback rewards, but no deposit bonuses.

How does it compare to the XM Standard Account?

It has lower spreads and no swap fees, but it does not offer loyalty points or deposit bonuses.

What trading platforms can I use?

The account supports MT4, MT5, and WebTrader.

How can I open an XM Kiwami Account?

You can sign up on XM’s official website and start trading immediately.