Elirox automates trading on XM accounts using a forex robot that follows your predefined rules and risk settings. Traders can connect their XM account in minutes and launch automated execution.
This solution lets you run AI trading bots on XM while staying in full control of position sizing, strategy logic, and risk parameters. Whether you’re testing on a demo account or scaling live from as little as $5, Elirox works seamlessly with XM’s spreads and execution.
Founded in 2009, XM is an international multi-asset broker operating in multiple jurisdictions. It provides access to global financial markets for retail traders and experienced participants.
Account Types
XM offers account types designed for different trading styles. The Ultra Low account uses spread-only pricing, while the Zero account combines tight spreads with commission-based pricing. These conditions may suit traders who want to use automated strategies.
Availability
XM serves clients across Europe, Asia, Latin America, Africa, and other regions, supporting traders in 190+ countries. The broker is not available in North America, Israel, Iran, and North Korea due to regulatory restrictions and international sanctions. Leverage is capped at 30:1 (EU-compliant), and swap-free Islamic accounts are available in eligible regions.
Core account and trading conditions
1
Minimum deposit
Starts from $5, depending on account type—making automated trading accessible even with smaller capital.
2
Maximum leverage
Up to 30:1, depending on the instrument and regulatory framework.
3
Pricing model
Spread-only and commission-based options, allowing traders to choose conditions that match their strategy—especially for automation.
4
Swap-free options
Available depending on eligibility; conditions vary by region and client classification
5
Demo accounts
Supported, letting traders test execution and pricing before moving to live trading—helpful for evaluating AI/robot performance without financial risk
Available Assets and Account Types
XM provides access to 1,400+ instruments. Trading conditions depend on the instrument category and account selection.
Forex
55+ currency pairs, including majors, minors, and exotics
Commodities
Metal and energy instruments such as gold, oil, and gas
Indices
24+ instruments, including major indices
Stocks
1,000+ instruments covering major global stocks
These instruments are available across Standart and Zero accounts, with different combinations of spreads, commissions, and execution conditions.
Account type
Min deposit
Spread
Max leverage
Comission
Standart
$5
From 1.6 pips
Up to 1000:1
No commision
Micro
$5
From 1.6 pips
Up to 1000:1
No commision
Ultra Low Standart
$5
From 0.8 pips
Up to 1000:1
No commision
Ultra Low Micro
$5
From 0.8 pips
Up to 1000:1
No commision
Zero
$5
From 0.00 pips
Up to 1000:1
Applies per lot
Demo
A demo balance of $10,000 in virtual funds is provided
0.00 pips
Up to 1000:1
No commision
Standart
Min deposit
$5
Spread
From 1.6 pips
Max leverage
Up to 1000:1
Commission
No commission
Micro
Min deposit
$5
Spread
From 1.6 pips
Max leverage
Up to 1000:1
Commission
No commission
Ultra Low Standart
Min deposit
$5
Spread
From 0.8 pips
Max leverage
Up to 1000:1
Commission
No commission
Ultra Low Micro
Min deposit
$5
Spread
From 0.8 pips
Max leverage
Up to 1000:1
Commission
$0–3.50 per lot, per side
Zero
Min deposit
$5
Spread
From 0.00 pips
Max leverage
Up to 1000:1
Commission
Applies per lot
Demo
Min deposit
A demo balance of $10,000 in virtual funds is provided
Spread
From 0.00 pips
Max leverage
Up to 1000:1
Commission
No commision
Frequently Asked Questions
Yes. XM clients can open a demo account and connect it to Elirox just like a live account. This makes it easy to test a forex trading robot and evaluate performance under real market conditions—without risking funds. Note that demo execution may differ slightly from live execution.
XM supports automated trading and allows the use of forex bots and expert advisors. Ensure your strategy follows XM’s trading rules and risk management requirements, including guidance related to execution and volatility.
XM’s minimum deposit is $5. This low entry requirement makes it easy to start small, test strategies, or run a forex robot without committing significant capital.
XM does not publish fixed limits on trading frequency or volume. However, conditions such as spreads, slippage, and execution speed may vary during periods of high volatility or low liquidity.
Client funds are held in segregated accounts at XM with regulated financial institutions, helping keep client capital separate from company funds.
Ready to Automate Your Forex Trading?
Launch your AI-powered automated forex strategy in minutes with a simple, seamless broker connection.
The website elirox.com and Mobile application are owned and operated by ELIROX LLC. The company Elirox LLC is registered under registration Number: 3582, with the registered company address at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines. The commercial name of the company is “Elirox”. The services offered by this Website and Mobile application can be executed only by fully competent adults.
