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Home  >  XS Help Center  >  Account Management  >  Opening an Account  >  How much money do I need to open an account?
How much money do I need to open an account?

To open an account, the minimum deposit varies based on the account type you choose:

  • Cent, Micro, and Standard accounts: These accounts have no minimum deposit requirement. This makes them accessible for new traders looking to get started with trading. The Cent and Micro accounts are available on MT5, while the Standard account offers both MT4 and MT5 platforms .

  • Elite and Pro accounts: For more professional trading, the Elite and Pro accounts require a minimum deposit of 500 USD. The Elite account offers tighter spreads with a commission of 3 USD per side, while the Pro account provides competitive spreads without any commission. Both accounts support MT4 and MT5.

  • VIP account: For high-level traders, the VIP account requires a higher deposit, offering top-tier spreads as low as 0.1 with a commission, and is available on MT5.

Additionally, there are other special account types such as Extra, Classic, and Plus accounts, each with different spreads and commission structures. 

The Classic and Extra accounts do not require a minimum deposit, whereas the Plus account offers low spreads starting from 0.1 but charges a commission that varies between 5 to 10 USD per side.

Each account type supports trading in a wide range of instruments, including currencies, metals, crypto, energy, indices, futures, and shares, with platform compatibility across MT4 and MT5.

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