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Comparing Professional Accounts from XM, Exness, HFM, FXGT, FxPro, and XS
Explore the key benefits, leverage options, and special features of professional Forex accounts from top providers like XM, Exness, and HFM.
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.
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.”
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 | 〇 |
FXGT | Professional Account | None | – |
FxPro | Professional Account | None | – |
XS | Professional Account | None | – |
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 | 〇 |
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 | – |
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% | – |
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).
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 |
〇 |
FXGT | Professional Account | FX Currency Pairs Precious Metals Energy Stock Indices |
△ |
FxPro | Professional Account | None | – |
XS | Professional Account | None | – |
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 | 〇 |
HFM | Professional Account | 0.6 pips | – |
FXGT | Professional Account | 0.5 pips | – |
FxPro | Professional Account | 0.6 pips | – |
XS | Professional Account | 0.7 pips | – |
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.
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) |
〇 |
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.
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.
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.