How to trade with xm bonus

We decided to check this bonus on our own. We have to admit, we were positively surprised by the quality of services and web platform from XM.

Free forex bonuses

XM No Deposit 30 USD Bonus; read an honest review, how to trade with xm bonus.

This is why we recommend you try XM trading bonus! When it comes to FX trading online, the choice of available trading platforms becomes quite important. Most of the traders end up on MT4 or MT5 platform and this is certainly an advantage of XM. With XM FX broker, traders using mac laptops and desktops will find a hustle way to trade since they offer native access to metatrader 4 for mac OS. Also, the MT4 web platform is also available with XM, this trading terminal could be used for windows and other operating systems too. Like most of the brokers, XM account also enables you to trade on your smartphone.

XM no deposit 30 USD bonus – read an honest review

Platform

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Action

XM forex broker is a great place to get started for a next FX professional. This broker gives you access to XM no deposit 30 USD bonus campaign and allows you to use metatrader4 and MT5. This is one of the only brokers that makes MT4 live trading available to you without making a deposit. You should certainly try this XM no deposit bonus, as metatrader 4 is the platform you will most likely have to change to eventually and this promo campaign lets you test drive the platform without any deposits.

XM free 30 USD no deposit bonus description

Getting the 30 USD no deposit bonus on XM is pretty easy. The only thing you need, except for the wish to trade forex, is to go through XM registration, get your account, and confirm your phone number via SMS. As for the bonus, within the maximum of 24 hours (but usually in around 30 minutes), you will get the money credited to your account and you will be able to trade currencies online with XM without making a deposit.

XM free trial available platforms

When it comes to FX trading online, the choice of available trading platforms becomes quite important. Most of the traders end up on MT4 or MT5 platform and this is certainly an advantage of XM. With XM FX broker, traders using mac laptops and desktops will find a hustle way to trade since they offer native access to metatrader 4 for mac OS. Also, the MT4 web platform is also available with XM, this trading terminal could be used for windows and other operating systems too. Like most of the brokers, XM account also enables you to trade on your smartphone.

XM 30$ bonus terms and conditions

XM no deposit 30 USD bonus is unavailable for withdrawals, however, every cent from the profit is yours. You can take your time and only make relevant trades that get you great money on the XM no deposit bonus.

XM free account critics

Many traders have been complaining about this promotion and XM broker in general, this is why forex trading bonus team would strictly advise against it. You may, of course, try your luck and see how fast you can triple your initial balance, however, some traders did have their accounts removed without any prior notification.

We decided to check this bonus on our own. We have to admit, we were positively surprised by the quality of services and web platform from XM. This is why we recommend you try XM trading bonus!

How to get XM $30 no deposit bonus?

XM is a quickly growing international investment firm with over 2.5 million users and 300 professionals. The company offers a trustworthy and convenient trading environment and is one of the few brokers who will allow MT4 live trading without making any deposits. After getting their XM global login, users will be rewarded with $30 no deposit bonus that is available for trading right away. It shouldn’t take longer than a day for the funds to show up in the account.

Steps for getting the no deposit XM bonus:

Getting the bonus is fairly simple. A user only has to register on the platform and activate the account. The registration procedures are very easy to follow. On any page on XM’s website, in the top right corner, there is a green button titled “open an account”. Clicking the button will start the registration process.

The registration includes filling out a standard questionnaire. The first part of it is depicted on the screen below. In this section, the user is asked to fill out some details like name, country of residence and a phone number. A user will also get to choose an account type and trading platform type on this page.

After this information is filled out, the second part of the questionnaire will load. Here, the user is asked to provide some additional details, like the date of birth and address.

The website will also ask whether the user is a US citizen or not, as well as some additional questions to determine the purpose of the client. Once, this information is filled out, the user will set the password, agree to the terms and conditions as well as some other policies that can be viewed through the links and will click the button “open a real account”, and with that, you XM signup will be complete. Don’t stress out, your free XM bonus is almost here!

Once the questionnaire is complete, the user is very close to getting the bonus. All that is left to do is to confirm the email. The notification will be generated and the user will be asked to check the inbox of the indicated email address. Through the link provided in the email, the user will be able to confirm the transaction.

After confirming the transaction the user will finally get to log into the system using their XM members login . They will also be assigned an MT4 ID, which functions as a username when logging into the platform.

The XM no deposit bonus should show up on the account within a day after completing the registration process. The $30 no deposit bonus from XM cannot be withdrawn but can be used to trade in the system. It is a great feature to test the platform and get acquainted with it. It is an especially good feature for beginners, who might not want to risk their own funds while figuring out the basics of trading.

XM forex broker $30 no deposit bonus how to trade & withdraw?

XM global limited is one of the oldest broker with over 196 countries access to their financial services. XM is recognized by cyprus, EU, and australian securities commission firms for regulation formalities.

On december 01, 2020, the XM forex broker introduces a great promotional program for the newbie’s registrars not just they can test their system in real market order execution, they can also avail the opportunity of earning money by testing their trading skills in the real market experience. Let’s explore the specifications of this bonus program terms and conditions and how the users can be eligible to successfully avail the funds and trade so that they can withdraw the profit amount.

Welcoming the last month of this year with “no deposit bonus”

XM broker forex $30 no-deposit bonus overview

The ongoing no-deposit bonus requires your attention to claim it if you are the newly introduced user of XM forex broker and want to test and trade the real market on the XM broker system setups. You have a total of 30 days in the month of december after the account registration and completing the mandatory steps which are mentioned below.

XM forex broker $30 no-deposit bonus terms & conditions to withdraw profit amount

There are some important conditions to meet if you really want to take benefit from this no-deposit bonus opportunity. Here are the following terms and conditions settled by the XM global broker administration to combat the fraud and regulate the activity of the bonus program.

You must be a fresh user of XM broker at the time of bonus claim.

The IP address must be unique, having zero histories of XM broker account usage.

You must have to verify the account fully along with KYC verification to avail withdrawal opportunity.

You must have to trade 10 micro-lots of bonus amount so then you will able to withdraw your profited amount.

The bonus amount of $30 cannot withdrawable but you can withdraw the above amount of $30, whatever you profit made by trading your bonus amount.

When you withdraw your profit equivalent percentage of the bonus amount will also deduct from your bonus account i.E you made a $100 profit and withdraw $50 from your profit that is 50% so that percentage of 50% will deduct from the bonus amount which will be half of $30 and remaining bonus $15 you have remaining for trading.

The XM broker terms & conditions also identify that hedging will not allowable in this program.

Shares trading is not allowed or irrelevant to this bonus account.

The company reserve the rights whenever they want to change the policy of the bonus program by informing the users, as well as they, can nullify the eligibility of any user who notices as an activity violator of the system without their consent.

How to claim XM $30 no-deposit bonus

To claim the no-deposit bonus amount first of all you have to sign up for your account at XM broker member area click here to claim $30 bonus amount directly.

After successfully confirm your email and then move ahead and complete your ID verification process to gain the privilege of depositing and withdrawing quickly.

After completing the KYC process you can now able to claim your $30 bonus amount from the promotional tab or either through the claim button below given after the OTP verification.

Now you are able to trade your credited equity and make a profit out of it and make withdrawals.

Currently, XM is providing skrill, neteller, VISA, MASTER card, webmoney & local banks transfer payment channels after KYC verification

Thoughts on $30 bonus program

This opportunity is especially seemingly for those who want to avail this to trade in the real market with the real equity to get monetary benefit out of it. This program will end on until 31st of december 2020 so it’s great to offer for the XM new users who are ready to avail of it before the new year beginning. You can trade it properly with money management to avoid any chance of losing equity and chance of getting profitable withdrawal out of it. Suggestively on the equity of $30, 1 micro lot is only sufficient to trade on per definite major entry of great probabilities.

XM deposit bonus: policies and limitations

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If you are someone who trades on the forex market for a while now, you shall definitely know the XM forex broker. As that is undeniably one of the most reliable and trustworthy ones out there. However, if you are a beginner, you shall undeniably consider taking a look at it. This is a broker you should go for if you are looking for trust and reliability, as well as if you are seeking for the beneficial XM deposit bonus.

With the metatrader 4 and metatrader 5 platforms, the brokerage gives you a wide spectrum of ways to increase your trading profit. Moreover, that allows you to get the deposit bonus we will talk about in more details in that article. Reliability is vital for one to make a deposit with a broker and this is why we have decided to highlight the main points of the XM deposit bonus. However, now without any hidden conditions, XM gives you an impulse with their new deposit bonus for you to start trading right away. Should you or shouldn’t you go for it? Find out in the XM bonus review!

XM deposit bonus description

XM forex broker guarantees that your account will be increased by 50% for any deposit below $1,000. Thus, if you deposit, for instance, $50, then you will get an additional bonus of $2.50. And your trading capital will reach $7.50.

However, the maximum amount of the bonus that might be received equals $500. That means that you are granted a 50%-bonus only until your deposit does not exceed $1,000.

Once your deposit amount is more than $1,000, you will still have that 50% added on the first $1,000 of your deposit. Also, 20% will be given as a bonus for any amount more than that.

This means if you deposit an amount of USD $22,500, your account balance will become USD $28,500. The math on this is pretty simple and you can see it in more details in this table:

Any account holder can have his own bonus! No matter if you are a new customer or have been trading with XM for years. However, as you see from the table above, the biggest bang for your buck can be achieved with actually a $1,000 worth deposit.

XM bonus limitations

That is important to mention that the bonuses are not available on the XM ultra low account, as well as on the XM shares account.

This is not a limited one-time deal offer. If a client an XM bonus deposit worth $250 four times, $125 will be added each time to the account until it reaches the $1,000. However, the maximum bonus a person can receive is $5,000. Trading bonus is there to help new and existing clients to hold their positions open for a longer period. XM forex bonus is not eligible for clients registered under trading point of financial instruments ltd and trading point of financial instruments UK ltd.

XM trading bonus withdrawal policies

Even though getting a deposit bonus is easy with that broker, the withdrawal procedure is not that primitive. And is rather targeted to make traders leave the funds on their accounts.

Therefore, when you are trying to withdraw funds from your XM bonus account, the broker will charge you with the amount of the bonus that will be proportional to the amount of the funds for withdrawal. Just to illustrate: imagine you deposited $1,000 and you were given $500 as a bonus (50%). Then you decided to withdraw $250 (25%) out of $1,000 available, as you still can’t withdraw the bonus. As a result, a total sum of $125 (25% of the bonus) will be removed.

But, for instance, if you have managed to generate some additional profit, then the picture will be a bit different. Imagine that you have deposited $1,000, received a $500 worth XM deposit bonus, and things turned out to be great for you. And you gained a profit of $2,000 from trading. Now you have $3,000 available to withdraw and you want to take them all out of the account. In that case, $500 of the bonus will be removed just because that will equal 100%. Maybe the table will help you to understand that easier:

Another XM bonus program

XM forex broker is constantly coming up with innovative bonus programs that will ensure that traders will stay loyal and interested. Thus, augmented XM points service was recently launched as an added bonus one may use while trading on the platform. You can subscribe and unsubscribe to that any time you want without any restrictions.

XMP has a status of reward for the loyal customer. Thus, as you trade, you received those bonus points that might be later transferred to the monetary bonus. That can be calculated in the following way:

However, in order to received XMP in the first place, you need to create an account and sign up for the loyalty program. There are several you may choose from XM executive, XM gold, XM diamond, XM elite.

If you are the part of the executive loyalty program, then you will receive 10XMP per lot straight away. If you are the gold loyalty program’s member, then you will receive 13XMP per lot after at least 30 days of trading. If you are a member of diamond loyalty program, then you will be guaranteed to receive 16XMP per lots only after 60 days of trading on the platform. Finally, if you are the holder of elite loyalty program, then you will be provided with 20XMP per lot after 100 days of trading with XM broker.

So, imagine you have 10,000XMP gained and you have decided to redeem 3,000XMP. Then, according to the formula provided above, you will receive $1,000 of bonus and will still have 7,000XMP on your account to convert and withdraw later.

However, there are some details worth mentioning when it comes to withdrawal of XMP from an account. For instance, you have 3,000XMP to redeem and you have gained an additional $1,500 while trading that you are allowed to withdraw. You have decided to withdraw only the part of it, $750, which is 50% of the total sum stored on the account. That means that the same 50% will be removed from your XMP bonus, which will equal $500 (3,000XMP / 3= $1,000). Take a look at the table below to understand the process better:

XM broker account types

There are various account options available while registering with the XM broker. Thus, you can choose between micro, standard and XM ultra low one. They differ depending on the size of lots, as well as the minimum deposit rate and leverage, availability of the bonus.

The micro account has a leverage of 1:1 to 1:888, the spreads can be as low as 1 pip, the minimum deposit can be $5, the minimum trade volume is 0.01 lots, and there is no commission charged. However, you won’t be able to obtain an XM deposit bonus on that account.

The standard account has a leverage of 1:1 to 1:888, the spreads can be as low as 1 pip, the minimum trade volume is 0.01 lots, the minimum deposit is $5 as well. And you can obtain bonus using that account.

The XM ultra low account has a leverage of 1:1 to 1:888, the spreads can be as low as 0.6 pip, the minimum deposit should be at least $50, the minimum trade volume is 0.01 lots, and there is no commission charged. And you cannot get the bonus on that account as well.

Among the currencies available for trading there are:

Advantages

Even though we would recommend you to open an account with XM, there is one big benefit of the XM deposit bonus. It comes with a multi-account availability. When an XM bonus deposit comes to an account and then it’s transferred to another one, the bonus value will be transferred as well! The system calculates the share of the bonuses that should be transferred and makes sure you get an equal proportion on your other account. This is quite comfortable, as many brokers would simply remove your bonus if you try to move funds from one account to another.

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XM forex broker $30 no deposit bonus how to trade & withdraw?

Welcoming the last month of this year with “no deposit bonus”

XM broker forex $30 no-deposit bonus overview

The ongoing no-deposit bonus requires your attention to claim it if you are the newly introduced user of XM forex broker and want to test and trade the real market on the XM broker system setups. You have a total of 25 days in the month of december after the account registration and completing the mandatory steps which are mentioned below.

XM forex broker $30 no-deposit bonus terms & conditions to withdraw profit amount

You must be a fresh user of XM broker at the time of bonus claim.

The IP address must be unique, having zero histories of XM broker account usage.

You must have to verify the account fully along with KYC verification to avail withdrawal opportunity.

You must have to trade 10 micro-lots of bonus amount so then you will able to withdraw your profited amount.

The bonus amount of $30 cannot withdrawable but you can withdraw the above amount of $30, whatever you profit made by trading your bonus amount.

When you withdraw your profit equivalent percentage of the bonus amount will also deduct from your bonus account i.E you made a $100 profit and withdraw $50 from your profit that is 50% so that percentage of 50% will deduct from the bonus amount which will be half of $30 and remaining bonus $15 you have remaining for trading.

The XM broker terms & conditions also identify that hedging will not allowable in this program.

Shares trading is not allowed or irrelevant to this bonus account.

The company reserve the rights whenever they want to change the policy of the bonus program by informing the users, as well as they, can nullify the eligibility of any user who notices as an activity violator of the system without their consent.

How to claim XM $30 no-deposit bonus

To claim the no-deposit bonus amount first of all you have to sign up for your account at XM broker member area click here to claim $30 bonus amount directly.

After successfully confirm your email and then move ahead and complete your ID verification process to gain the privilege of depositing and withdrawing quickly.

After completing the KYC process you can now able to claim your $30 bonus amount from the promotional tab or either through the claim button below given after the OTP verification.

Now you are able to trade your credited equity and make a profit out of it and make withdrawals.

Currently, XM is providing skrill, neteller, VISA, MASTER card, webmoney & local banks transfer payment channels after KYC verification

Thoughts on $30 bonus program

How to trade on XM?

How to trade on XM forex broker platforms?
We’ve listed down 5 steps to trade on the XMMT4 and MT5 platforms. More details you can read in our XM review.

How to trade on XM? In the first step, a trader needs to open the XM account (only 1 to 3 minutes required). In the next step, a trader needs to select the preferred account type. The trader then needs to submit all required documents (24 hours needed for submission and POA, and ID copy is needed.). The next step is to make a deposit (also instant deposit is available), and the client needs to log in to the client portal of XM for depositing. The last step is to install a trading platform (MT5 or MT4).

To sum up, traders can start trading on XM forex broker if they follow these steps:

Open XM account

Pick account type

A trader needs to submit the required documents.

Deposit XM payment methods.

Install MT4 platform

Start trading

Step 1 is to start registration:

If you’re eventually planning, you would have to open various accounts with other brokers once as well.

To get more information on HOW TO TRADE ON XM, you can also contact XM’s support team. You can reach them anytime you want.

Opening an XM account is free of cost, and no fee is charged to hold accounts. However, you’ll be charged after making the first XM deposit. Fee includes swaps, commissions, and spread.

World’s leading financial authorities license, regulate and monitor XM.

To protect the funds of clients and prevent illegal activities like money laundering, XM has to complete the KYC steps with their clients.

XM does and completes the KYC process, and you are required to submit copies of proof of address and personal identification document.

The required document conditions and the format can be found after you login on XM official site.

After completing the KYC process, you’ll validate the account with all options unlocked in the member’s area.

With demo MT4 and MT5 accounts, you trade risk-free without making deposits, as you trade with virtual money.

If you’ve opened a real/live account with XM, you must deposit trading with XM.

XM deposit and withdrawal methods are credit cards, bank wire, skrill, neteller, and various electronic payment methods.

The minimum investment amount varies from $5 to $10,000.

Installation of MT4 o MT5 platforms.

For trading forex, you can select either the MT4 or the MT5.

These are based platform for online trading activities, monitoring markets, and managing orders.

If you’ve opened the MT4 account, you’d have to install the MT4 platform on XM’s official website.

If you’ve opened the MT5 account, you’ll have to install the MT5 platform on the official XM website.

Multiple accounts can be opened with different XM account types.

WHAT CAN BE TRADED ON THE MT4 AND THE MT5 ON XM?

After opening a single XM account, you’re able to trade and access more than 1000 finance instruments.

XM allows you to diversify your investment portfolio and manage orders.

1. FOREX CURRENCY PAIRS

Being the world’s largest financial market, forex is a popular market for trading. With MT4 and MT5 on XM, traders can trade all forex pairs like the minors, majors, and the exotics. Also, you benefit through high leverage 1:888.

The leverage of XM 1:888 is a lot higher than the industry average and is quite a renowned option among traders.

With high leverage, the XM allows NBP (negative balance protection) in the accounts. In NBP, the maximum loss is always capped to the invested amount.

2. STOCK cfds

Stocks are offered in CFD (contract for difference) form. Thus you’ll not exchange actual stocks after trading XM products.

As stocks get offered as the CFD, you benefit from the following factors.

You won’t require the full amount for investing in XM stocks.

With XM, unnecessary costs and processes are avoided.

Swaps charged like stocks.

Rather than dividing payments, traders get charged or credited as swaps while holding stock positions overnight.

XM stock cfds list covers leading market players like facebook, alibaba, google, tesla, amazon, etc.

3. COMMODITIES

Along with cfds and forex, you also get to invest in various agricultural commodities. As the commodities can be offered in CFD forms, you can also speculate on the market price’s future downtrend and uptrend movements.

With cfds commodity, you make a profit through both falling and rising market prices.

Some commodity markets for trading in XM are:

4. EQUITY INDICES

The most renowned CFD is the stock index CFD and is quite a cost-efficient way of investing in the world’s financial markets.

With XM, you get direct and instant stick access to worldwide indices with low cost and high leverage.

Indices are used as world economy health measurements, while you’re able to speculate on both falling and rising prices whenever you’re looking to.

Investment can be made in the following cfds:

5. PRECIOUS METALS

This is the haven of financial markets; the silver and gold are also available on MT4 and MT5.

Silver and gold are pf commodity markets part, and they’re liquidating compared to others.

While trading in silver and gold, high leverage of 1:888 can be applied with XM.

No re-quotes are there when trading on MT4 and MT5.

6. ENERGIES

XM listed all cfds energy on MT4 and MT5.

Energy cfds on MT4 and the MT5 are:

These can be traded without any extra fees. With high leverage in XM, you can trade from around 5 minimal margin USD.

Real stocks (shares) are available to trade on platforms of XM.

The minimum deposited amount for investing in shares accounts is $10,000.

Shares from the USA, german, and the UK are open to investment from XM.

Traders get all necessary info like dividends, earning announcements, or corporate actions.

SELECTING FROM MT4 AND MT5 PLATFORMS

MT5 is a newer metatrader version compared to MT4 with advanced options. Both can be used in XM and work across all browsers and devices.

Being the most renowned trading platform out there, many traders find it quite simple to use it instead of the MT5 due to its conventional options and tools. A lot of developed customer indicators and expert advisors work on the MQL4 language.

If you’re new and don’t know HOW TO TRADE ON XM, you can make use of MT4 and can continue using this like preferred.

SELECTING THE MT5 (METATRADER5)?

MT5 is available with expanded options with added capabilities.

MT5 is available with more charting tools, order types, and technical indicators.

Also, there is an inbuilt market depth in MT5, showing the trader’s available liquidity at different prices.

With market depth, the market remains transparent.

CLAIMING XM BONUSES

Different bonus promotions are available for XM traders, including deposit bonus, loyalty program, and no deposit bonus.

Occasionally the XM runs a lucky lottery and trading contests as well.

1. NO DEPOSIT 30 USD BONUS

The promotion provides new traders with a free 30 USD for trading on cfds and forex. You only need to open and validate an account on XM.

2. 20% AND 50% DEPOSIT BONUS

This is best for making a deposit, and the 20% and 50% bonus is meant for the very first and subsequent deposits on the live trading account.

You get a 5,000 USD bonus supporting trading with an additional margin.

A bonus amount isn’t possible to withdraw but is usable for trading for maximizing your account potential.

After participating in the loyalty program, you’re provided with XM points or all trades according to trading volume. The XMP gets accumulated in the client portal of XM. Traders can exchange this for additional bonuses in real/live trading accounts.

Traders get higher XMP per low when trading for a longer period with the XM.

ALL YOU NEED TO KNOW ABOUT XM 30$ BONUS

XM is one of the best forex brokers in the world and now they even offer an XM 30$ bonus for all new clients. Can you believe that? Now, you may be wondering how come XM gives you this promotion or what their conditions are. This article today will answer all your questions so that you can really understand this trading bonus.

What type of bonus is XM 30$ bonus?

Normally, there are three types of forex bonuses. They are welcome bonus, deposit bonus, and lot back bonus.

Welcome bonus, just like its name, is a bonus brokers give traders as a “thank you” for their registration at them. Traders usually use this bonus as a means to test the broker to see if they want to work for long term with this broker.

Deposit bonus is a sum of money offered to traders when they first make a deposit. The amount of this bonus is decided based on the total deposit the traders make. This is a way to encourage traders to deposit more in the first time.

Finally, lot back bonus is like a loyalty program. The procedure can be put simply as when you finish one trade, a rebate will be given to your account automatically from the broker. The more you trade, the more you get rebated. This bonus program encourages traders to trade more with that broker.

The XM 30$ bonus is a welcome bonus. Whenever there is a new client on the platform, XM will reward this new register with $30 for trading. This bonus is for first time sign-up only. Welcome bonus is actually very good for forex beginners. You’re new to forex, so you’re advised to not deposit too much at first, because more than 90% of new traders lose everything at the beginning. So with this extra $30, you have more than enough money to try trading forex. You can check the execution quality, the platform, the speed, spread and commission, the slippages, swaps, or requotes of XM without losing any of your own money. What a good deal for a beginner.

A quick notice: you must claim this bonus in 30 days since you open an account or the bonus will be unavailable.

Conditions for withdrawal

When you finish making money with this XM 30$ bonus, you will want to withdraw your profit, right? This is when the tricky part appears. Just like all other types of bonus and broker, the withdrawal conditions of this bonus is quite complicated. I will try to make it the most simple as possible.

The profit you make from this bonus can be withdrawn anytime. However, everytime you withdraw your funds, the amount of this bonus will be reduced 40%. Also, you have to withdraw at least 40% of your funds. For example, you make $200 from this XM 30$ bonus. Therefore, when you withdraw, you have to take at least $80 (40% of $200). Then, the amount of the bonus will be reduced $12 (40% of $30). So you have withdrawn, for instance, $80, and you have a total of $138 left in your account ($120 profit + $18 bonus).

How to get this XM 30$ bonus

You can easily acquire this bonus simply by following these steps:

Open a real account at XM.

Validate your account.

There will be a button saying “claim your bonus” on the screen.

Complete the SMS verification by following the instructions there.

Now what are you waiting for? Claim your XM 30$ bonus here.

Why should you get this bonus?

$30 is not much for trading. However, when you convert it to pip, it's 0.3 pip. So when you look at it the other way, this bonus is a great way to reduce your trading cost when you trade with XM. The normal XM spread is about 1 to 1.2 pips. With the 0.3-pip discount, you have cut your trading cost down to 0.7 - 0.9 pip, which is among the lowest spread in the market. So you can see that this bonus is not meant for trading. It is for cost reduction.

Other XM bonus programs

Right now, XM is having very good bonus programs that are super beneficial to traders:

XM 15% welcome bonus: this is a welcome bonus program that reward you 15% of your first deposit. The maximum amount you can get rewarded is up to $500. More details here.

XM loyalty program: as you trade, you will earn XM points which can be redeemed at any time for credit bonus rewards in the members area. In the members area you can also monitor your balance of XMP at any time, including the equivalent value of your XM points as credit bonus. The bonus adds funds to your trading account but it is intended for trading purposes only. The amount of bonus is a third of your total XM points. More details here.

Those 2 programs are just as good as the XM 30$ bonus program. You can obviously see that trading at XM can be very cheap thanks to all those bonus programs.

Mario draghi

Hey, I’m mario draghi. I’m a writer currently resided in thailand. For my forex experience, I have been working with brokers and trading for 5 years. Hope that you'll enjoy my articles about all forex-related matters.

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XM forex broker $30 no deposit bonus how to trade & withdraw?

Welcoming the last month of this year with “no deposit bonus”

XM broker forex $30 no-deposit bonus overview

XM forex broker $30 no-deposit bonus terms & conditions to withdraw profit amount

You must be a fresh user of XM broker at the time of bonus claim.

The IP address must be unique, having zero histories of XM broker account usage.

You must have to verify the account fully along with KYC verification to avail withdrawal opportunity.

You must have to trade 10 micro-lots of bonus amount so then you will able to withdraw your profited amount.

The bonus amount of $30 cannot withdrawable but you can withdraw the above amount of $30, whatever you profit made by trading your bonus amount.

When you withdraw your profit equivalent percentage of the bonus amount will also deduct from your bonus account i.E you made a $100 profit and withdraw $50 from your profit that is 50% so that percentage of 50% will deduct from the bonus amount which will be half of $30 and remaining bonus $15 you have remaining for trading.

The XM broker terms & conditions also identify that hedging will not allowable in this program.

Shares trading is not allowed or irrelevant to this bonus account.

The company reserve the rights whenever they want to change the policy of the bonus program by informing the users, as well as they, can nullify the eligibility of any user who notices as an activity violator of the system without their consent.

How to claim XM $30 no-deposit bonus

To claim the no-deposit bonus amount first of all you have to sign up for your account at XM broker member area click here to claim $30 bonus amount directly.

After successfully confirm your email and then move ahead and complete your ID verification process to gain the privilege of depositing and withdrawing quickly.

After completing the KYC process you can now able to claim your $30 bonus amount from the promotional tab or either through the claim button below given after the OTP verification.

Now you are able to trade your credited equity and make a profit out of it and make withdrawals.

Currently, XM is providing skrill, neteller, VISA, MASTER card, webmoney & local banks transfer payment channels after KYC verification

Thoughts on $30 bonus program

XM forex trading

User review

The XM forex is a global financial marketplace where currencies are exchanged to conduct business or forex trading. It was founded in 2009 by experts in the financial industry as part of the trading point of financial instrument ltd. Now, XM is a leading international investment firm and highly recognized foreign exchange broker.

• regulated and licensed broker.
• it is an expert in financial industry.
• highly competitive compared to other forex brokers.
• offers flexible trading conditions.
• offers bonuses and promotions.
• customer-friendly website and diversified mobile applications.
• excellent customer support.

The economy of african countries, especially south africa, nigeria and kenya, is rapidly growing. This condition attracts financial service providers to set foot on the demand for global trading.

XM is a regulated and renowned broker

Offers flexible trading account with very low spreads

Provides option about trading platforms, MT4 and MT5 accessible through various devices such as PC, mac, phone, and tablet (android and ios)

Client’s protection programs such as the negative balance protection, stop calls, limit calls, and margin calls

A wide range of financial instruments to trade

Easy and quick deposits and withdrawals

XM trading platform is designed to offer exceptional service to its clients regardless of experience and capability to trade. In just ten years, its growth is proving its competence to dominate the global market.

Is XM forex reliable?

XM group (XM) is a group of regulated online brokers. Trading point of financial instruments ltd was established in 2009 and is regulated by the cyprus securities and exchange commission (cysec 120/10), trading point of financial instruments pty ltd was established in 2015 and is regulated by the australian securities and investments commission (ASIC 443670) and XM global limited was established in 2017 and is regulated by the international financial services commission (000261/106).

The word “trustworthy” is among the defining word for XM forex. Over the years, XM clients get handled with a fair trading condition, strict no re-quotes and no rejection policy, and negative balance protection.

XM trading platform offers extensive customer support through its website such as the 24/5 customer service on over 30 languages support. This scheme provides a customer-friendly service to accommodate inquiries from different countries and diversified clients.

XM forex has garnered multiple awards and recognition in the investment and finance world.

XM forex pros and cons

The XM forex has several benefits offered to its clients:

The XM forex is a regulated and licensed broker.

It is an expert in financial industry achieving over 500,000 accounts in just ten years.

Highly competitive compared to other forex brokers with the leverage of 30:1 (this leverage applies to the EU regulated entity of the group. Leverage depends on the entity of the group and on the financial instrument traded).

Offers flexible trading conditions to allow both beginner and veteran traders.

Offers bonuses and promotions to benefit both newly registered and regular clients.

Trading is possible through a customer-friendly website and diversified mobile applications for a better trading experience.

Has excellent customer support programs to accommodate diversified clients all over the world.

There is very little negative feedback about XM forex. Based on customer comments, the XM platform needs improvement in the following aspects:

More currency pairs

XM trading account types

A forex account is needed to hold and trade foreign currencies. The XM forex offers four types of trading accounts (https://www.Xm.Com/account-types) – the XM ultra low, XM zero, standard, and micro. An XM client is free to open any of these accounts, and allowed to have more than one account to maximize its trading experience.

XM zero and XM ultra low accounts are not available to all the entities of XM group.

The XM zero account

The XM zero trading account is offered free to clients who want to open including those with micro or standard accounts. The minimum deposit for XM zero account is $100. It features brokerage service cost as low as zero with trading options to more than 56 currency pairs, including gold, silver, commodities, and stocks/shares.

The XM platform adopts trading software meta trader 4 (MT4) and meta trader 5 (MT5) for traders on zero accounts allowing one-click trading. Also, clients on zero accounts are still protected by the XM NBP (negative balance protection) to ensure client’s loss is not more than the deposit amount, 50% margin call and 20% stop out to secure a not less than 20% margin. The margin call and stop out levels for clients registered under trading point of financial instruments ltd are 100% and 50% respectively whereas for the rest entities of the group are 50% and 20% respectively.

A trader at zero accounts is entitled to a commission of $3,5 per 1 lot with a lot size of up to 100,000 units. However, a member of this account has no trading bonuses.

The XM micro account

With the micro account, trading can start at a minimum spread of 1 pip (percentage in point) using 11 currency account options. It offers multiple trading options including CFD’s stocks/shares, forex, commodities, equity, gold, silver, energies.

XM micro account is entitled to features such as hedging, trading bonuses, NBP (negative balance protection). The margin call and stop out levels for clients registered under trading point of financial instruments ltd are 100% and 50% respectively whereas for the rest entities of the group are 50% and 20% respectively. Trading software MT4 and MT5 are also available for automated trading anytime and anywhere.

The XM standard account

The XM trading platform allows traders using the standard account access to multiple trading options and numerous currency options similar to the micro account. It has minimum trading spread of 1 pip. It also includes protection and financial instruments similar to micro account such as MT4 and MT5 trading platform, hedging, trading bonuses, NBP and more.

The XM forex standard account differs from a micro account in terms of trading volume. At one lot size, the micro account has 1,000 units while standard (and zero accounts) has 100,000 units.

The XM ultra low account

XM ultra account allows you to operate with either micro or standard lots, lower spreads starting from 0.6 pips and it has minimum deposit of $50.

How to open XM forex account and start trading?

It takes only 3 minutes to get started on XM. Here are the steps to follow:

Open an account

Go to XM’s website (click the link on this page)

Click the “open an account” tab at the upper right corner to direct to the real account registration

Complete the personal details using alphabet characters only.

Complete trading account details by choosing your preferred platform and account type in the dropdown.

Click the “proceed to step 2”.

Finalize your trading account details by confirming your citizenship, account base currency and bonus, and leverage.

Provide your investor information using the dropdown.

Create an account password and tick the box if you want to receive news and updates from XM.

Finish it by clicking the open account icon at the bottom of the page.

Submit 2 types of identification documents:

Identification document that includes your complete name, issue and expiry date of the ID, address, year of birth, tax identification number, and signature.

Document with proof of speech such as utility bill, and bank account statement with a date within six months.

The scanned copy of these documents will get submitted through email or the client portal.

Deposit cash to your account by logging in to your XM’s client portal.

Install MT4 or MT5 trading platform to your computer, tablet, or cell phone. Free installation software is available in XM official website.

Claim your bonus now!

All new clients on XM broker are entitled to no deposit bonus. This bonus is available only once, and the claimant is given just 30-days to get the 30 USD non-deposit bonus. There are restrictions applied to promotions and bonus rights. New XM member under 18 years old are considered minors and are not allowed to trade. Also, a member with a record of violations of the broker rules and regulations are not allowed to trade and claim the bonus. Only a new member with a tradable account is entitled to a 30 USD non-deposit bonus.

The $30 bonus offered by the XM is very easy to avail.

Open the XM URL (click the link on this page)

Click the promotions to go to the promotional sections and choose the trading bonus. Then, click the claim your bonus.

An email will confirm the receipt of the 30 USD XM bonus and the trading account ID.

Activate the bonus by completing the verification with SMS and voice.

The process of getting your bonus will take 24 hours, but the cash will be available to the account within an hour. The money can only get used for trading purposes, and withdrawal can only apply to the profits you earn after trading.

Clients registered under the EU regulated entity of the group are not eligible for the trading bonus schemes

How to make deposit and withdrawal?

Deposit methods

There are several methods accepted by XM in processing fund deposits on accounts.

Credit cards

XM is accepting visa (credit/debit), visa electron (credit/debit), mastercard, maestro, and unionpay in multiple currencies like USD, EUR, GBP, CHF, AUD, PLN, and HUF. There is a required 5 USD (equivalent) minimum balance with no service charge. The processing of deposit took effect almost instantly.

Electronic payment

XM is accepting payment through neteller, skrill, sofort banking, cashu, przelewy 24, and bitcoin. There is a minimum requirement of 5 USD but no service charge during the transaction. However, only the neteller and the skrill allow currencies listed on credit cards. The sofort banking accepts just EUR and GBP, cashu is USD, przelewy 24 is PLN, and bitcoin recognizes only USD, EUR, and JPY.

Bank wire transfer

Bank transfer is available on selected currencies like USD, EUR, GBP, CHF, AUD, PLN, and HUF XM covers the fees for bank wire transfers for amounts above 200 USD. Bank transfer needs 2 to 5 business days to process the deposit to the account.

The XM MT4 or MT5 platforms offer easy and fast processing of deposit.

Follow the instructions base on what payment method you will use.

There are essential things that must be observed to deposit to XM account:

No third parties in storing to XM account

Micro or standard accounts – 5$

XM ultra low account – 50$

XM zero account – 100$

Account’s availability depends on the client’s country of residense.

Withdrawal methods

Similar to XM deposit, the withdrawal also allows using multiple methods.

Credit cards

XM is accepting visa (credit/debit), visa electron (credit/debit), mastercard, maestro, and unionpay in multiple currencies like USD, EUR, GBP, CHF, AUD, PLN, and HUF. The processing of request takes effect within 24 hours.

Electronic payment

Withdraw via neteller, and skrill (moneybookers) are acceptable in currencies USD, EUR, GBP, CHF, AUD, PLN, and HUF. Like in credit card, the request takes effect within 24 hours.

Bank wire transfer

An XM forex member can withdraw via bank transfer in currencies like USD, EUR, GBP, CHF, AUD, PLN, and HUF. Similar to deposits, bank wire withdrawal needs 2 to 5 business days.

There are important things to consider in depositing to XM account:

Only verified accounts with valid ID and supporting document (proof of address) can request fund withdrawal

XM follows the withdrawal priority procedure of credit card, E-wallet (electronic payment), and bank transfer.

XM trading conditions

XM spread conditions

The XM conditions on spread are as follows:

Trading at the tightest range of 0.6 on all significant forex trading.

Offers over 100 financial instruments or monetary contracts.

Trading transparency with no hidden charges.

Offers variable spread at possible tightest spreads irrespective of account types and trading volumes.

Fractional pip pricing of up to 5th digit to get the best price from liquidity providers.

One of the best execution policy with 99.35% of trades performed in less than 1 second, real-time market execution, no re-quotes policy, and 100% execution of orders.

XM margin and leverage conditions

The margin is defined as the value of the security to ensure sufficient funds during trading while leverage refers to the capability to trade larger than the existing amount in the trading account.

XM offers flexibility in trading in terms of leverage of up to 30:1

Extends negative balance protection (NBP) to secure client will not lose more than the deposit amount.

Implements 50% stop-out level to all trading accounts. The margin call and stop out levels for clients registered under trading point of financial instruments ltd are 100% and 50% respectively whereas for the rest entities of the group are 50% and 20% respectively.

XM flexibility in leverage range allows the client to have a preference in terms of risk level.

Provides clients with real-time risk assessment by monitoring margin and send margin call warning as soon as account equity is less than 50% of the margin.

XM forex trading hours

XM is giving its clients more financial opportunities through 24 hours online and phone trading.

Trading hours from sunday 22:05 GMT to friday 21:05 GMT.

XM offers 24-hour customer support through email or chat.

XM trading platforms

XM forex pioneered the use of a variety of electronic trading platforms. The metatrader 4 and metatrader 5 platforms of XM facilitate online trading and enhance the trading quality. Both apply the strict policies of XM on no re-quotes and no rejections and offer a leverage range from 1:1 to 30:1.

MT4 and MT5 platforms are available for pcs, macs, smartphones and tablets.

Free forex signals

Another benefit of a live account holder in XM is free to access to trading signals such as stop levels and take profit. The trading signals are sent twice per day covering six currency exchange pairs, gold, oil, dow jones, and N225.

What trading instruments are available?

XM trading offers a wide range of financial instruments for its clients to trade.

Forex trading

The XM currency exchange or forex trading is a global and most liquid marketplace that offers over 55 currency pairs and trading options via online or broker.

Stock CFD’s (contract for difference)

CFD stocks are not actual shares that are subject to voting but derivative trading. The XM platforms allow traders to have a vital view on market trends and moves, and global economic status.

Commodities

XM trading offers a commodity market for global retail traders. The platforms allow traders to have a view on demand and price trends, and global economic status. It provides low deposit and no fees during trading.

Equity indices

Equity indices represent a measure of the value of the particular stock market. The XM trading caters major equity indices such as S&P 500, dow jones, nasdaq, FTSE100, nikkei225, DAX, CAC40, euro stoxx 50, and ASX200. Similar to other, XM platforms offers an instant view on market trends and moves, and global economic status. It is suitable for long and short term trading, and cost-effective with no extra fee.

Precious metals

Gold and other precious metals are traded on contract-based and at high volume due to its intrinsic value irrespective of economic circumstance. Other than forex, trading gold and precious metals is an attractive investment with well liquid markets.

Energies

Energies are the most unstable in terms of price. The energy price is easily affected by political and economic factors and weather conditions. In XM trading, a margin of as low as 5 USD is allowed with no extra fee.

What makes XM forex different from other brokers?

The competition in the financial industry is always in a very close fight. XM invested so much to leverage its platform to be on the top. However, other financial brokers have competencies that can outdo XM performance.

Many traders will choose XM for its flexibility, competitive pricing, and diversified customer support program. These features can be distinctive factors that make XM different from other brokers.

Frequently asked questions

How to open an XM demo account?

Anyone can create a demo account to simulate trading. To register, click open a demo account icon in the homepage of XM site. Then, fill out valid information and submit. The XM platform can then be downloaded and install.

Until when an XM demo account can be used?

There’s no expiration to the XM demo account. However, inactive demo accounts for more than 90 days will automatically close.

How to close XM MT4 and MT5 live trading accounts for good?

An XM trading account can be permanently close through the close account section of client’s portal. It can only be closed if there are no pending transactions like open trades, withdrawals, or account balance. Upon confirmation, XM will close the account including other trading accounts in case of multiple accounts.

Is it allowed to transfer funds from my trading account to another person’s trading account?

No. Transfer of funds between different accounts name and third parties is strictly prohibited.

Is it possible to use MT4 account to access MT5?

No. XM MT4 and MT5 trading accounts are different. It is necessary to have an MT5 account and application on your PC or phone to access it.

Conclusion

Over the years, XM forex has been faithful to its mission to remain on track to the global market demands and empowers members through continuous research, educations, and tools to be competitive in the global trading market.

All the facts and features of XM define its commitment to high-quality standards of service. The design of the platform is in customer-focused approached and integrity base on the level of the client’s protection program and policy implementations.

How to get started with XM no deposit bonus?

The forex trading market consists of a bunch of individual elements and variables. For a successful trading endeavor, you need to account for the most important ones among them, and for many traders, bonuses can fall into that category.

Many forex brokers feature bonus promotions on their platforms, but it’s not always easy to select the best among them. Some brokers use bonuses for solely cosmetic reasons; their only goal is to make their platforms more appealing while not offering any significant value in real life.

In the following XM no deposit bonus review, we’re going to take an in-depth look at this promotion and give you our honest opinion about it.

First look

XM no deposit bonus is a great start for getting a professional forex trader. XM has proved its reliability and excellence many times and keeps the position of the frontier in the forex trading market. The broker is currently offering a 30$ bonus to its new clients all around the world. The free bonus XM offering is a great opportunity for the beginners as it features a free bonus that can be used for starting FX trading with this broker.

In other words, the broker is giving free 30 USD to the new users just for opening the real account with it. Although the bonus is available to any new user, people claiming the bonus should be eligible to receive it.

One of the main reasons why our review of XM no deposit bonus already proves the credibility of this promotion is that the broker offering it is credible itself. It features licenses from a bunch of prestigious regulators, be it FCA, cysec, or IFSC. Therefore, you can rest assured that XM is providing you with the best conditions for your forex trading endeavors.

How to get XM no deposit bonus

XM website is very user-friendly and convenient to use, it displays all the needed instructions and information, therefore, it is easy to navigate even for those users who have never had any experience with forex trading or with XM broker. Getting XM welcome bonus is very easy and takes several steps only.

Click here to get your XM free $30. You will be landed in the promotion section where you will see several promotions that are currently offered to the customers of XM broker.

Choose the XM USD 30 trading bonus, this action will lend you to the XM no deposit bonus page where you can claim your bonus with just one click.
To get the XM bonus you need to have a real account, therefore the website automatically suggests you create one.

Registration for getting XM welcoming bonus

As our XM no deposit bonus review reveals, you need to create a live XM account in order to get the bonus from the broker. But there’s nothing awfully complicated about this; you can create an account in just a couple of easy steps, namely:

You are required to enter personal details such as name and surname as it is written in your identity document, country of residence, phone number, and e-mail address. You should choose your preferred language as well. Currently, XM offers 25 languages you can choose from.

Besides personal details, you will be asked to choose a trading platform type and account type. XM offers a choice between metatrader 5 and metatrader 4. You can have access to these platforms with several devices such as PC, mac, IOS and android devices, in addition to this metatrader 5 also includes XM webtrader, meaning that you will not need to install any software. Which trading platform you need to choose depends on what do you want to trade. Metatrader 4 is predominantly a forex trading platform, while MT5 also offers to trade in stocks, stock indices, and precious metals. To get the XM bonus there is no difference which platform you will choose.

The next step is choosing an account type you have the choice between micro, standard, XM zero, XM ultra-low micro and XM ultra-low standard. You can check what are the offerings and differences between the account types on the XM website in the section of account types.

The next steps

After you finish the first part of the registration, the second part of the questionnaire will load. Our review of XM no deposit bonus shows that in this step, you have to provide additional information such as date of birth and address details. Also, you will need to answer several questions, which include whether you are a US citizen, provide more data about your employment status and etc. This is done simply to determine the purpose of the client. And after you enter the preferred password for your account, you’ll get even closer to claiming your own XM no deposit bonus of 30 USD.

After you have gone through both steps of the registration, you will receive an email to confirm the transaction on the email address that you have indicated while registration. You will be able to confirm the transaction through the link that is provided in the email. After it, you will be able to log into the system as you will receive your ID which you should indicate while accessing in members area with the password that you have set while registration.

XM no deposit bonus terms and conditions

Once you have got your XM no deposit free bonus, you might be interested in what the terms and conditions are that you need to follow to use the XM forex no deposit bonus. Only the new clients of XM are eligible for receiving the $30 no deposit bonus from the broker, and that’s if they meet the criteria points. The only restriction is to the people who are under 18 years old or otherwise under the legal age in their country of residence and are considered as “minors.”

As our XM no deposit bonus review shows, the broker maintains the right to cancel your bonus claim immediately: if it suspects that client has abused or attempted to abuse the promotion or has violated the fair rules of the trading bonus, the broker reserves the right to deny, withhold or withdraw the trading bonus promotion or any other promotion from the user. In order to activate the bonus, clients need to verify their phone number via SMS and/or voice verification procedure. All eligible customers can hold only one trading bonus which is attached to the unique IP address.

After the registration, it might take up 24 hours for the user to get their XM free bonus, although it generally takes half an hour to get the money on your deposit. The bonus can only be used for trading purposes and cannot be withdrawn. After a person has opened the account they have 30 days’ limit to claim the bonus. After that time, the promotion will become unavailable.

XM bonus withdrawal

Users are not able to withdraw the initial 30 USD they get as a bonus, but they are of course allowed to make the withdrawal of the profit they make by trading with XM. And the withdrawal policy at XM is pretty beneficial, although any withdrawal of funds will result in the proportional removal of the trading bonus. Here is the example for better understanding:

Why should you choose XM $30 no deposit bonus

XM is widely known as a company whose reputation is beyond any suspicions. This cyprus-based company with its 10 years of experience proves that it has taken its trading platform to perfection. It is needless to say that they are fully regulated by the cyprus regulator cysec, they are also fully compliant with regulatory bodies such as FCA, FIN, bafin, AFM, CNMV, and FI.

One of the many advantages of trading with them is a highly innovative platform and user-friendly interface and professional customer support in 25 languages, which can be crucially important for beginner traders. This is why we advise starting with XM forex no deposit bonus. And, as our review of XM no deposit bonus shows, it is easy to get and with the XM platform and the support system makes it easy to comfortable for the new users to start successful trading.

So, let's see, what we have: are you looking to jump start your forex trading career with XM free 30 USD? Read a full review of XM no deposit bonus promotion & learn more about its pros at how to trade with xm bonus