XM S&P 500 Spread & Trading Conditions 2026

XM quotes S&P 500 — the US500 index CFD tracking the S&P 500 — with a standard spread of 0.5 points. 0.5 points places it 12th out of the 25 brokers we track quoting S&P 500, level with the median of 0.5. On raw/ECN accounts the spread is typically Not Offered. Spreads are quoted in points.

Fee context from our review: XM offers competitive pricing with spreads varying by account type. Ultra Low accounts offer spreads from 0.6 pips with no commission, while XM Zero accounts provide raw spreads from 0.0 pips with a $3.50 per lot per side commission ($7 round turn). Standard and Micro accounts have wider spreads from 1.6 pips but no commission. XM charges no deposit or withdrawal fees. However, an inactivity fee applies after 90 days of dormancy - $15/month initially, then reducing to $5/month after account balance falls below $5.

Across the 25 public brokers we track quoting S&P 500, XM ranks 12 against a median of 0.5. Ranked on published standard-account quotes — see our [methodology](/our-methodology/).

When trading S&P 500 at XM:

Minimum deposit: $5
Maximum leverage: 1:1000
Commission: $0 (Spread only on most accounts)
Execution: Market Execution
Platforms: MT4, MT5, XM App

Spreads shown are indicative of the account types we assess. Raw/ECN accounts generally charge a per-lot commission in exchange for tighter raw spreads, while standard accounts build costs into the spread itself.

The S&P 500 spread is driven by liquidity depth, market volatility, the time of day (London and New York sessions are tightest), and the account model you choose. XM supports MT4 and MT5 for spread-sensitive execution.