Xm bonus account terms and conditions
NO affiliate commission is paid for trading with non-deposit bonus fund
- Open a new live account
- Verify mobile no. From the client’s area
- Get $30 non-deposit trading bonus
Free forex bonuses
$30 NO DEPOSIT BONUS OFFER – XM group
Receive XM NO deposit bonus of $30 USD. Start live trading with $30 FOREX NO DEPOSIT BONUS OFFER from one of the best forex brokers in the market. Enjoy live forex trading without any deposit as well as risk. Find an opportunity to begin your forex trading career with an exclusive $30 sign up bonus. Register and validate a trading account to receive the $30 non-deposit bonus and test the products and services offered by XM group by starting to trade with no initial deposit. Receive an initial trading capital through the procedure below and start your live trading journey. We suggest you find some time to look at the terms and conditions before applying for this XM non-deposit bonus.
Clients registered under trading point of financial instruments and trading point of financial instruments UK ltdare not eligible for the bonus. Please note that this offer might not available for the traders of some regions or countries .
XM NO DEPOSIT BONUS REVIEW
Ending date: there is no initial deadline
Offer is applicable: new trader
How to apply:
- Open a new live account
- Verify mobile no. From the client’s area
- Get $30 non-deposit trading bonus
Bonus cash out:
- Any profits generated from the trading of the non-deposit bonus are available for withdrawal.
- Any withdrawal of funds will cause the proportional removal of the trading bonus.
Terms & conditions – XM NO DEPOSIT BONUS TERMS
The bonus might not be applicable to the traders of some countries.
We strongly suggest you to ask their live support if it is available to your country/region before you apply for this XM NO deposit bonus.
XM holds the right to offer NO deposit bonus only to the clients from appropriate countries and region.
A client has to be 18 years otherwise under the legal age in their country of residence, in order to apply for this bonus
IF IP address matches between to participant of the bonus account then the latest participant may disqualify from the bonus program
This promotion may not be combined with some promotions released from time to time.
To receive the bonus, each eligible client needs to verify his/her phone no. Through the dedicated area of the client’s profile
Bonus can’t be applied to existing clients
Each eligible client is permitted to hold only ONE “no deposit bonus” account per ONE unique IP. More than one registration using the same IP is strictly prohibited; even multiple accounts using the same details is not allowed.
A client may use expert advisors or other automated trading tools, but any signals, scalping, arbitrage techniques, and news trading is not allowed. Also, proxies trading is prohibited.
All trading- instruments found in the trading terminal can be used for trading.
All orders placed at the non-market rate will be canceled.
It may take up to 24 business hours for an eligible client before any bonus credited to account.
XM holds the right, at its sole discretion, amend or terminate the NO deposit bonus any time. Or to decline or disqualify any client from the bonus program.
A client can cancel the bonus at any time by sending a request at [email protected]
NO affiliate commission is paid for trading with non-deposit bonus fund
In addition, get daily forex-signals free after passing the verification.
Question: can I withdraw profit made by XM's $30 no-deposit bonus?
XM - what's now?
Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.
Yes, you can withdraw all the profits made on the $30 bonus.
But you cannot withdraw the bonus amount itself (which is the $30).
To withdraw the profit, you must “trade 5 standard lots” within the bonus account.
With XM’s $30 bonus, you can
- Trade risk free
- Withdraw profits
- Benefit from negative balance protection
$30 no deposit bonus isn’t the only promotion XM is running.
For the latest bonus promotion, please visit the page below.
Post tags
- #campaigns
- #cfds
- #conditions
- #forex
- #FX
- #NBP
- #non-deposit bonus
- #profit
- #promotions
- #restrictions
- #risk free
- #trading
- #withdrawal
- #XM
- #xmtrading
See the trading condition of this mega FX broker.
Comments
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If one can trade with the bonus. Why my account was terminated because of no deposit & traded with the bonus?
If I can withdraw the profit I made on the $30 bonus account why my account was terminated and my profits were considered as void and were forfeited
Thank you XM-broker ..Am well impressed by your partnership with clients .I will share the broker link to new traders and share the link via media .THANK YOU
Hi @xmglobal
I made a lot of profit from the $30 usd bonus but then I tried making my 1st forex withdrawal and I got an email telling me that I have violated the terms and conditions which is actually confusing judging ftom your statement above.
Please work on your client treatment
not impressed at all
My account got terminated after I made my 1st withdrawal, I don’t understand?
Why does it keep telling me my account is invalid when i just made it and had it confirmed via email, i’ve downloaded MT5 from the official website but keeps telling me the account login
I want to change my xm server to mt4
Xm is a scam i made €149 and i made a withdrawal today and they sent me an email saying i can’t take my withdrawal and it was rejected
You are waiting for weeks without asking xm reason? Pretty sure you are missing something….. Me and my friends had never trouble with xm for years
They scammed me I’ve been waiting for my withdrawal for weeks now
Was xm’s server off for about one hour? Any infor?
Can i withdraw the prize of 10 year anniversary? What is requirement?
What if someone have more than $5 to deposit in standard account is it posible
I have nice experience with xm and I just withdrawn profit after 3 month of trading. Very professional and I will continue using mt5 account.
I trust xm with my money. Professional and serious support unlike other amateur brokers. My favourite brokers are xm and fxpro. They are really recommended!!
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Who is hercules.Finance?
Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.
Risk warning
Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.
XM no deposit 30 USD bonus – read an honest review
Platform
Min. Volume
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.
30 USD NO DEPOSIT BONUS – windsorbrokers
Windsorbrokers’ $30 FREE ACCOUNT NO DEPOSIT BONUS* – complete the requirements and apply for your $30 FREE account once it is approved. Register now and start trading with a credit bonus of 30 USD – no deposit required.
USD 30 NO-DEPOSIT PROMOTION
Joining link: NON-deposit
Ending date: december 31, 2021
Offer is applicable: new trader
How to apply:
- Open a new trading account
- Verify your identity
- Request for the 30 USD credit bonus, NO deposit required.
Withdrawal:
- The conditions are unknown
Terms & conditions – windsorbrokers NO DEPOSIT BONUS
The bonus will expire after 6-months from the date of registration.
The bonus is only available for the new clients
The bonus will be canceled after any withdrawal.
300 USC no deposit bonus – freshforex
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$50 no deposit bonus (for thai client) – FXTRB
$100 gold trading no deposit bonus – seven capitals
$50 welcome no deposit bonus – SFEX
$50 no deposit bonus scheme – topfx
$50 no deposit bonus – atlasforex
NEW $30 NO DEPOSIT BONUS – roboforex
No deposit bonus, withdraw profits – tickmill
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$30 free account terms & conditions
1. The $30 free account promotion (“$30 free account” or “account” ) is organised by windsor brokers (BZ) ltd (“windsor brokers”, or “the company”).
2. The account is available ONLY to non-live account holders, of 18 years of age and/or above. Existing live account holders are not permitted to participate in this promotion.
3. Only ONE $30 free account is permitted to one person per household. Participants are not allowed to register using the data of a family member such as, brothers, sisters, spouses, ancestors, lineal descendants and collateral descendants, acquaintances, or any other person/entity.
4. To be eligible to receive the $30 free account, the participant must first obtain a new fully approved live trading account.
5. The $30 credited into the account, by the company, are in the form of non- withdrawable, non-transferable trading credit (“trading credit” or “credit”) and valid for a period of 6 months.
6. Any withdrawal request will automatically result in cancellation of the $30 trading credit.
7. If the account is inactive for 30 days or more during the 6 months’ validity period, the $30 credit will be cancelled.
8. In the event that the account is stopped out, the $30 credit will be settled.
9. If the company suspects that a person has registered for the $30 free account using the name and/or registration data (including but not limited to IP address, email address, telephone number, physical address, utility bill etc) of a family member such as, brothers, sisters, spouses, ancestors, lineal descendants and collateral descendants, acquaintances, or any other person/entity, the company reserves the right to cancel $30 credit, without any prior notice.
10. Windsor brokers reserves the right to cancel the $30 free account promotion at any time and without prior notice, to reject offering the $30 free account promotion to any applicant or to cancel the $30 free account of any new client, if determined that such action is reasonable and/or necessary.
11. Windsor brokers’ employees, service providers, associates and/or their family members are not eligible to claim the $30 free account.
12. This $30 free account promotion cannot be combined with any other promotion(s).
13. Failure to abide by any of the terms above, or any of the company’s general trading terms may result in immediate cancellation of the $30 credit.
14. Under no circumstances shall the company be liable for any consequences of any trading credit cancelation or decline, including, but not limited to, order(s) closure by stop out.
15. Notwithstanding the translated language of this document, the english wording shall be the binding version in the event of any discrepancy between the other languages.
Scammers they scammed me saying with immediate effect thy terminate my account with amount of 44$ and it was my first time
In order to withdrawal need equal deposit means if you withdrawal 30$ you need to deposit first 30$
Scam broker, stay away. My withdrawal still pending 2 weeks, they always say we are working with that.Patient,patient patient. You can check from forexpeacearmy. Many bad comment about this broker.
Scam brokers dont loss your time u must debosit to withdrawal i wait 11 days no any thing done scam scam scam
Not for citizens of the european union.
FIRST LEVEL OF BROKERAGE WITH 30 YEARS OF EXPERTISE…ALL SAID.
FIRST LEVEL OF BROKERAGE WITH 30 YEARS OF EXPERTISE. ALL SAID…
Stupid broker 2018 .L. Bonus funny stupit .L. Auto open order stupid.L.
You are from other broker. You are envious. You are the true stupid…
XM deposit bonus: policies and limitations
Platform
Expiration
Min. Volume
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:
- USD
- EUR
- GBP
- JPY
- CHF
- AUD
- HUF
- PLN
- RUB
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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All you need to know about the XM bonus
XM is a well known forex & CFD online broker. They’ve also won many awards for their trading services, plus they’re regulated by ASIC, cysec and the IFSC.
However another key feature of the broker that we’d like to mention is the XM trading bonus.
But how much is this bonus and how can you claim it?
To find the answers, keep reading to learn all you need to know about the XM trading bonus process.
*your capital might be at risk
How much is the XM trading bonus?
The XM trading bonus is worth 30 USD, and it’s available to new traders who have recently opened an account.
Best of all there’s no deposit required. You can get the bonus just by opening an XM account.
You’ll only need to deposit funds to your account when you’re ready to start live trading.
Once you’ve finished the account opening steps, the $30 will be credited automatically to your trading account.
The money should normally be showing within 30 minutes, but sometimes it can take up to 24 hours max.
*your capital might be at risk
XM trading bonus key points:
- No deposit is required
- The $30 bonus is credited directly to your account
- Only available to NEW users“it is not available for clients registered under the EU
regulated entity of the group (ESMA regulations)”.
XM bonus terms and conditions
You should know that the $30 XM bonus is not available for withdrawals.
This is to prevent people from opening an account and withdrawing the money without making any trades.
Instead the $30 is to be put towards forex & CFD trades. However, the good thing is that you can keep any profits made from those orders.
That’s why we’d recommend that you take your time and not rush to make trades. That way you’re more likely to place worthwhile trades that could make a profit.
By making a profit from your trades, you’ll make the most out of the XM deposit bonus.
We should also mention that although it’s rare, the broker can withdraw their promotion offer at anytime if they think it’s being misused.
*your capital might be at risk
XM forex account types
As you know, you’ll need to open an XM account in order to claim the bonus. But you’ll need to select which trading account type you want to have.
Currently XM has 3 trading accounts available:
- Micro account – minimum deposit $5
- Standard account – minimum deposit $5
- XM zero account – minimum deposit $100
For new traders, the most popular accounts are the micro and standard accounts as they have an incredibly low minimum deposit of just $5! They 2 account also offer commission free trading & competitive forex spreads from 1 pip.
The main difference between the micro & standard accounts is the lot size. For example, the contract lot size for the micro account is 1,000 for 1 lot, and the standard account contract size is 100,000 for 1 lot.
The XM zero account is aimed at more experienced traders, and comes with a higher minimum deposit of $100.
It offers extremely low spreads on all major forex pairs starting from 0 pips, but a commission is charged on trades.
However, all accounts offer access to the XM MT4 & MT5 trading platforms, so you just need to consider which one suits your needs the best.
*your capital might be at risk
How to claim the XM bonus
To claim the XM bonus you’ll need to sign up for one of XM’s 3 trading accounts.
The sign up process takes about 10 minutes and can be done completely online.
As part of the sign up process you’ll need to provide some personal info such as name, address and contact details. The broker will also ask you questions on your previous trading experience and financial situation.
XM will also need to verify your identity. This must be done so that the broker can meet regulation requirements on security.
Make sure that you have the following 2 documents to hand:
- 1 proof of address: a document showing your latest address- a utility bill/ bank statement
- 1 proof of identity: a photographic ID- so driving licence, passport or government ID
The identity documents can be photographed with a smartphone or scanned then uploaded directly to the broker. Just follow the steps as shown on the screen.
After this the account set up steps are finished!
If you need assistance at anytime the XM customer support team is available 25/7 to help.
When your account is ready to open, the $30 bonus money should be showing in your account within 24 hours.
*your capital might be at risk
Author of this article and founder of tradingonlineguide.Com
My aim is to help you increase your trading knowledge with helpful content. I come from an economic background and have a strong passion for forex trading. With more than 6 years in the online trading world, I want to share my financial knowledge so that anyone can develop their investment skills.
In my spare time I enjoy cooking and travelling.
Here you can learn more about our review methodology.
XM deposit bonus: policies and limitations
Platform
Expiration
Min. Volume
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:
- USD
- EUR
- GBP
- JPY
- CHF
- AUD
- HUF
- PLN
- RUB
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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All you need to know about the XM bonus
XM is a well known forex & CFD online broker. They’ve also won many awards for their trading services, plus they’re regulated by ASIC, cysec and the IFSC.
However another key feature of the broker that we’d like to mention is the XM trading bonus.
But how much is this bonus and how can you claim it?
To find the answers, keep reading to learn all you need to know about the XM trading bonus process.
*your capital might be at risk
How much is the XM trading bonus?
The XM trading bonus is worth 30 USD, and it’s available to new traders who have recently opened an account.
Best of all there’s no deposit required. You can get the bonus just by opening an XM account.
You’ll only need to deposit funds to your account when you’re ready to start live trading.
Once you’ve finished the account opening steps, the $30 will be credited automatically to your trading account.
The money should normally be showing within 30 minutes, but sometimes it can take up to 24 hours max.
*your capital might be at risk
XM trading bonus key points:
- No deposit is required
- The $30 bonus is credited directly to your account
- Only available to NEW users“it is not available for clients registered under the EU
regulated entity of the group (ESMA regulations)”.
XM bonus terms and conditions
You should know that the $30 XM bonus is not available for withdrawals.
This is to prevent people from opening an account and withdrawing the money without making any trades.
Instead the $30 is to be put towards forex & CFD trades. However, the good thing is that you can keep any profits made from those orders.
That’s why we’d recommend that you take your time and not rush to make trades. That way you’re more likely to place worthwhile trades that could make a profit.
By making a profit from your trades, you’ll make the most out of the XM deposit bonus.
We should also mention that although it’s rare, the broker can withdraw their promotion offer at anytime if they think it’s being misused.
*your capital might be at risk
XM forex account types
As you know, you’ll need to open an XM account in order to claim the bonus. But you’ll need to select which trading account type you want to have.
Currently XM has 3 trading accounts available:
- Micro account – minimum deposit $5
- Standard account – minimum deposit $5
- XM zero account – minimum deposit $100
For new traders, the most popular accounts are the micro and standard accounts as they have an incredibly low minimum deposit of just $5! They 2 account also offer commission free trading & competitive forex spreads from 1 pip.
The main difference between the micro & standard accounts is the lot size. For example, the contract lot size for the micro account is 1,000 for 1 lot, and the standard account contract size is 100,000 for 1 lot.
The XM zero account is aimed at more experienced traders, and comes with a higher minimum deposit of $100.
It offers extremely low spreads on all major forex pairs starting from 0 pips, but a commission is charged on trades.
However, all accounts offer access to the XM MT4 & MT5 trading platforms, so you just need to consider which one suits your needs the best.
*your capital might be at risk
How to claim the XM bonus
To claim the XM bonus you’ll need to sign up for one of XM’s 3 trading accounts.
The sign up process takes about 10 minutes and can be done completely online.
As part of the sign up process you’ll need to provide some personal info such as name, address and contact details. The broker will also ask you questions on your previous trading experience and financial situation.
XM will also need to verify your identity. This must be done so that the broker can meet regulation requirements on security.
Make sure that you have the following 2 documents to hand:
- 1 proof of address: a document showing your latest address- a utility bill/ bank statement
- 1 proof of identity: a photographic ID- so driving licence, passport or government ID
The identity documents can be photographed with a smartphone or scanned then uploaded directly to the broker. Just follow the steps as shown on the screen.
After this the account set up steps are finished!
If you need assistance at anytime the XM customer support team is available 25/7 to help.
When your account is ready to open, the $30 bonus money should be showing in your account within 24 hours.
*your capital might be at risk
Author of this article and founder of tradingonlineguide.Com
My aim is to help you increase your trading knowledge with helpful content. I come from an economic background and have a strong passion for forex trading. With more than 6 years in the online trading world, I want to share my financial knowledge so that anyone can develop their investment skills.
In my spare time I enjoy cooking and travelling.
Here you can learn more about our review methodology.
Xm bonus account terms and conditions
An impressive organisation putting their money into some big brand exposure activity, sponsoring the worlds fastest man, usain bolt. A lot of bonuses and competitions to take part in, making XM one of the highest recommended brokers on our list. Very friendly for new traders with an extensive education / learning section.
Sleek, modern appeal for the “new age” trader
I stumbled across XM forex trading by way of a banner advertising a million dollar forex trading competition. After visiting the website, I was impressed by the very modern feel, they look very much like a forex broker targeting the younger generation.
On their website they also proudly display their sponsorship of usain bolt which couldn’t have been cheap. I always take notice of companies that engage global superstars as brand ambassadors because the truth is, these types of relationships are very much controlled and dictated by the celebrity. A personality like usain bolt has a huge reputation to uphold, countless sponsorship offers and is a mega brand in itself so they would have taken great care in only selecting reputatble businesses to promote. Therefore, XM receives a big boost of credibility in my books.
Opening my account
Very straight forward. Enter details, confirm an e-mail, login and I was requested to upload ID documents through their website. All went smoothly. Within 24 hours, I had a call from my account manager who introduced herself and let me know that I can get in touch with her at any time for assistance. Within another 24 hours, my documents were all verified and I was ready to go.
The million dollar competition
In truth, I signed up so that I could take part in the million dollar trading challenge. Of course I must open an account at many brokers so that I can report here for this website.
The competition details can be found at www.Xm.Com/forex-world-championship/overview but in short, there are 10 rounds of play, each round lasting a calendar month. You start with $10,000 virtual currency and try to make it into the top 5. There are cash prizes for finishing in the top placings each month and the top 5 places gain entry into the semi finals. The winner of the grand final wins a cool $150,000. Not bad for a free game based on skill as well.
Newbie friendly
XM have done everything so well to attract what I would call “new age” traders (people in their 20’s, disposable income, looking for a challenging investment) and ensure that the biggest hurdle for any new trader, education, is covered from top to bottom. The market is tough to grasp so a lot of people need some guidance in understanding all those terms, the charts, the patterns, etc. Sure you can have random fun with a $100,000 demo account but at the end of the day, discplined trading follows a strategy and without anything to learn from, it makes it difficult to want to jump in to real money trading.
Traders of any level should feel extremely comfortable working through the extensive education section at XM.
Key benefits of trading with XM
- Real-time market execution with no re-quotes and no rejection of orders
- 16 MT4- and MT5-based platforms for seamless trading operations
- The same fair trading conditions for every client
- Personal account managers in over 30 languages
- Free trading signals in over 25 languages
- Free live webinars in over 16 languages
- Daily technical analysis and market reviews in multiple languages
- Regular on-site seminars in various countries in the world
All XM bonuses and promotions are subject to terms and conditions, including different bonus amounts and limited availability in some countries. Please check the eligibility rules on the website for more information.
Deposit | bonus amount | bonus code |
---|---|---|
$0 | $30 | none required |
up to $1000 | up to $500 | none required |
up to $23,500 | up to $5000 | none required |
$30* no deposit bonus
Open a new account with XM and receive $30 or the equivalent in your chosen currency without making a deposit. The money is automatically credited to your account. The bonus can’t be withdrawn but any profits you make can be withdrawn. An excellent way to get started trading real money without having to put up your own. Highly recommended.
Up to $5,000* in deposit bonuses
You can receive up to $5,000 (or your currency equivalent) in additional bonus funds through a 2 tier deposit bonus system. You will receive a 50% bonus on your deposit up to a maximum of $500, then 20% on any amount over to make up to another $4,500 in bonuses. In other words, if you deposited $5,000 you would receive:
- 50% bonus on your first $1,000 which would give you $500 bonus funds and reach the limit of the first tier
- 20% bonus on your remaining $4,000 which would give you $800 bonus funds
- Your total account balance therefore would be $6,300 (your $5,000 deposit + $500 bonus + $800 bonus)
So this means to receive the maximum $5,000 bonus you would need to deposit $23,500 which is broken down as follows:
- The first $1,000 gives you a 50% bonus which is $500
- The remaining $22,500 gives you a 20% bonus which is $4,500
- Together, the bonus amount is $5,000 on your deposit of $23,500
Our opinion is that this is the best value bonus available right now from the reputable brokers.
Loyalty reward points
You can earn loyalty points through every trade and convert them to bonus funds. Points can be earned from even the smallest micro lot transactions so this is a great way to build up additional credit as you trade.
This ensures that as a client of XM you are consistently rewarded for trading, regardless of whether you are winning or not.
XM regulation & licenses
Where is XM regulated?
XM is authorised and regulated in 3 countries: australia (ASIC), cyprus (cysec) and the united kingdon (FCA).
You can view the licenses: ASIC, FCA, cysec
With australia and the UK both having very strong reputations as stable, first world countries, you can be assured that your dealings with XM are safe and secure.
Furthermore, XM is registered in 10 european countries including germany, spain, italy and france.
Our opinion is that XM is undoubtedly one of the leading forex brokers in the global market.
Minimum & maximum deposits / withdrawals
XM deposits summary table
deposit method | minimum | maximum | fees |
---|---|---|---|
credit card, neteller, skrill | 5 USD | varies by method | XM |
bank wire | 200 USD | varies by bank | sender pays bank wire fee |
XM minimum deposit
The minimum deposit at XM is 5 USD or the equivalent in any other currency when depositing via credit card or electronic payment (neteller or skrill). All fees are covered by XM. If you are depositing by bank wire, the minimum is 200 USD or the equivalent in any other currency. Fees in this case are only covered on the receiver’s side. You will have to pay whatever your bank charges you for a wire transfer.
XM maximum deposit
The maximum deposit at XM will generally be limited by your deposit source. Bank transfers are the best option if you wish to deposit a large sum of money for your trading account.
Please note that deposits can only be made from account in the same name as your trading account.
Paypal does not appear to be an option for depositing at XM.
XM withdrawals summary table
withdrawal method | minimum | maximum | fees |
---|---|---|---|
credit card, neteller, skrill | 5 USD | varies by method | XM |
bank wire | 200 USD | varies by bank | XM pays bank wire fee |
XM withdrawals
The minimum withdrawal methods and amounts are exactly the same as deposits. Once again, XM cover fees and do not charge any fees for withdrawals. This is why we believe that XM are one of the best forex brokers.
XM bad reviews
Is XM a scam?
Our verdict is NO. We found that XM representitives were very prompt in replying to all claims made through popular online forex forums. The result of most cases involved customer fraud – people opening multiple accounts, claiming multiple bonuses or not understanding the terms and conditions of trading. We also saw some cases where XM appeared to be at fault, but they were all resolved properly by XM.
We are satisfied that XM handles complaints efficiently. There are no obligations for any forex broker to participate in 3rd party forums but XM make an effort to be available and that’s a very big positive.
What is trust score?
This is a rating out of 100 which we calculate for each broker based on a combination of factors, all of which you will find below on the scorecard.
Every broker starts with a base score of 100 and we subtract points according to what criteria they match in each category.
Whilst trust score provides a good insight into the broker’s reputation, our overall rankings are based off our own thorough reviews plus the user reviews. Therefore, brokers with a high trust score aren’t always guaranteed to be ranked at the top.
XM scorecard – 99 / 100
Major sponsorships: the fastest man on the planet, usain bolt is sponsored by XM. This provides a large credibility boost for this broker as usain bolt would only be associating himself with brands that can further enhance his reputation.
So, let's see, what we have: XM NO deposit bonus - $30 free sign up bonus to trade live forex without investment & risk. Withdraw all profits after traded 5 standard lots. A $30 FOREX NO DEPOSIT BONUS CREDIT OFFER from one of the best forex brokers in the market. The NO-deposit promotion is not valid for the traders of some regions or countries. At xm bonus account terms and conditions
Contents of the article
- Free forex bonuses
- $30 NO DEPOSIT BONUS OFFER – XM group
- XM NO DEPOSIT BONUS REVIEW
- Question: can I withdraw profit made by XM's $30...
- XM - what's now?
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- XM no deposit 30 USD bonus – read an honest review
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- How to get XM $30 no deposit bonus?
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- XM deposit bonus: policies and limitations
- XM deposit bonus description
- Another XM bonus program
- XM broker account types
- Advantages
- All you need to know about the XM bonus
- How much is the XM trading bonus?
- XM bonus terms and conditions
- How to claim the XM bonus
- XM deposit bonus: policies and limitations
- XM deposit bonus description
- Another XM bonus program
- XM broker account types
- Advantages
- All you need to know about the XM bonus
- How much is the XM trading bonus?
- XM bonus terms and conditions
- How to claim the XM bonus
- Xm bonus account terms and conditions
- Sleek, modern appeal for the “new age”...
- Opening my account
- The million dollar competition
- Newbie friendly
- Key benefits of trading with XM
- $30* no deposit bonus
- Up to $5,000* in deposit bonuses
- Loyalty reward points
- XM regulation & licenses
- Where is XM regulated?
- Minimum & maximum deposits / withdrawals
- XM deposits summary table
- XM minimum deposit
- XM maximum deposit
- XM withdrawals summary table
- XM withdrawals
- XM bad reviews
- Is XM a scam?
- What is trust score?
- XM scorecard – 99 / 100
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