Xm $30 bonus terms and conditions

Once the questionnaire is complete, the user is very close to getting the bonus.

Free forex bonuses

XM No Deposit 30 USD Bonus; read an honest review, xm $30 bonus terms and conditions.

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. 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!

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.

XM $30 no deposit bonus

XM no deposit bonus scheme is a business terms of XM forex broker that is only eligible for new clients. XM is a forex online broker regulated by the cyprus securities and exchange commission, the australia securities and investments commission, and the trading point of financial conduct authority.

Therefore, you can trust XM for trading forex related services. It offers trading activities through MT4, MT5, and webtrader trading platforms.

Moreover, let’s know the process to get free $30 no deposit bonus on XM platform.

How to get the XM $30 no deposit bonus for free?

Signup to XM broker by opening real account.

Verify your account by providing all your necessary documents.

Go to the member area and perform SMS (phone number) verification.

Click on claim your bonus.

Get 30 USD or equivalent no deposit trading bonus.

It may take up to 24 hours to get no deposit bonus in your real account.

How to withdraw profit from XM no deposit bonus?

Before withdrawing profit amount, the trader must complete at least 10 micro-lots (0.1 standard lots) and also complete at least 5 round turn trades in real account. You can verify this by visiting member area > account > trading history.

As per XM terms and policy, you cannot withdraw the initial no deposit money i.E. $30 bonus. The free bonus provided by XM will be removed proportionally after making the profit.

Here is the example of XM fund withdrawal from $30 no deposit bonus

Example 1: if you haven’t deposit real amount in XM

No deposit trading bonus amount	USD 30
profits generated from trading with the no deposit trading bonus	USD 100
balance available for withdrawal	USD 100
amount of requested withdrawal	USD 40 (40% on USD 100)
amount of trading bonus removal	USD 12 (40% on USD 30)

Example 2: if you have deposit real amount in XM

No deposit trading bonus amount	USD 30
deposit amount	USD 500
profits generated from trading with the no deposit trading bonus	USD 100
balance available for withdrawal	USD 600
amount of requested withdrawal	USD 360 (60% on USD 600)
amount of trading bonus removal	USD 18 (60% on USD 30)

Terms and conditions – XM no deposit bonus

Before claiming free bonus, don’t forget to check XM terms and conditions for no deposit bonus. Here are some of the conditions.

XM $30 bonus is only eligible for new clients.

Clients must claim the free bonus within a 30-day of opening account.

Eligible client must hold only one account per 1 unique IP address.

No deposit bonus can’t be transferred between live trading accounts in XM.

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 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

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.

Claim $30 bonus | xm.Com

Originally published november 07, 2020 08:00:00 PM, updated november 08 2020

Claim your free $30 bonus for first time account in XM.

XM trading broker offers free $30 bonus for those who would like to try forex trading, cfds or stock trading, cfds future trading even metals or oils for the first time created an account. The profit you can earn from successful trading is withdrawable to your preferred e-wallets or crypto wallet even bank account or credit account. Create your account today my.Xm.Com.

Trading bonus

The $30 trading bonus allows traders to test in a real trading ground without using their own money or investment risk. Any profits generated can be withdrawn 24/7 however, any withdrawal of funds or profit will occur in the proportionate reduction of your trading bonus.

To claim the bonus successfully select "yes, I wish to receive the bonus." upon signing up on the website.

Standard/micro/ultra/shares

Before you sign up please remember that you can choose between standard/micro/ultra/shares accounts. Each of these has a different advantage and I advise newbies while practice uses the micro account.

XM offers 4 account types which are micro, standard, ultra, and shares account.

Micro – for traders who prefer small trading volume

Standard – comes with standard trading conditions

Ultra-low trading cost from 0.0 pip

Shares - min $10,000 capital

The main difference between XM micro and standard accounts would be the trading volume.

As the size of 1 lot is different.

1 unit equals to 1 USD, 1 EUR, 100 JPY, etc…

The minimum trading volume available in the micro account is only 1000 units, although it is 100,000 units for the standard account.

The available financial instruments are the same between different account types.

Who can claim?

This is only a promotion of the XM team however it is available to all traders opening an XM real account for the first time. Remember that there is a 30-day limit after the date of opening your account. From this on you must claim the bonus before it is made unavailable.

Which one to use between MT5/MT4 and which one is reasonable? The answer is the MT5 platform because it has more functionality and trading tools compare to the MT4 platform. However, it does not mean MT5 is much profitable compare to MT4 because winning depends on your analysis of the market.

Features include such as:

Real-time testing of trading strategies

A larger selection of technical indicators

And the ability to view multiple timeframes.

To access your login account, server, username, and password you need to open your email add. Remember your trading server to avoid confusion during login.

XM BONUS PROGRAM

XM bonus program works only upon successful deposit in your trading account.

How to use XMP

XM points can be obtained by redeeming credit bonus and used in your trading ground. Feel free to redeem your XM points at any time. Furthermore, we can redeem all of our XM points at the same time leave some.
Don't forget that the XMP balance can be monitored in real-time in the members area or view the recent equivalent value credit bonus.

Zero fees policy

"XM covers all deposit and withdrawal transfer fees for payments made via neteller, moneybookers, and all major credit cards (including VISA, VISA electron, mastercard, maestro, and china unionpay). Additionally, all deposits and withdrawals above 200 USD processed by wire transfer are also included in the zero fees policy."

Instant funding

Conveniently, electronic deposit methods such as credit cards or electronic wallets, are 100% automatically processed. The funds reflect in clients’ accounts automatically.

If you do not have a trading account at XM yet, this is your chance to explore the trading world and become eligible for the $30 bonus in two easy steps:

Deposit funds in your trading account in the members area - not necessary to send a deposit because you have a free $30 bonus free.

About trading strategy

Now upon successful signup and claim of $30 bonus, we can start trading by entering buy and sell order. The question is when to buy and when to sell? There is 2 common strategy use to determine when to buy and when to sell, this is technical analysis and fundamental analysis.

The technical analysis appears to be the preferred methodology of short-term forex traders, with price action as their main focus.

Intermediate or medium traders and some long-term traders like to focus on fundamental analysis because it helps with currency valuation.

For newbies in forex trading, it takes some time to understand this so I advise you to read some babypips tutorials and watch the videos in YT. This will help you to develop and avoid the risk of losing your $30 bonus. Also, you will gain insights and may stand above someday.

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

#NBP

#non-deposit bonus

#profit

#promotions

#restrictions

#risk free

#trading

#withdrawal

#xmtrading

See the trading condition of this mega FX broker.

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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 $30 no deposit bonus

Therefore, you can trust XM for trading forex related services. It offers trading activities through MT4, MT5, and webtrader trading platforms.

Moreover, let’s know the process to get free $30 no deposit bonus on XM platform.

How to get the XM $30 no deposit bonus for free?

Signup to XM broker by opening real account.

Verify your account by providing all your necessary documents.

Go to the member area and perform SMS (phone number) verification.

Click on claim your bonus.

Get 30 USD or equivalent no deposit trading bonus.

It may take up to 24 hours to get no deposit bonus in your real account.

How to withdraw profit from XM no deposit bonus?

As per XM terms and policy, you cannot withdraw the initial no deposit money i.E. $30 bonus. The free bonus provided by XM will be removed proportionally after making the profit.

Here is the example of XM fund withdrawal from $30 no deposit bonus

Example 1: if you haven’t deposit real amount in XM

No deposit trading bonus amount	USD 30
profits generated from trading with the no deposit trading bonus	USD 100
balance available for withdrawal	USD 100
amount of requested withdrawal	USD 40 (40% on USD 100)
amount of trading bonus removal	USD 12 (40% on USD 30)

Example 2: if you have deposit real amount in XM

No deposit trading bonus amount	USD 30
deposit amount	USD 500
profits generated from trading with the no deposit trading bonus	USD 100
balance available for withdrawal	USD 600
amount of requested withdrawal	USD 360 (60% on USD 600)
amount of trading bonus removal	USD 18 (60% on USD 30)

Terms and conditions – XM no deposit bonus

Before claiming free bonus, don’t forget to check XM terms and conditions for no deposit bonus. Here are some of the conditions.

XM $30 bonus is only eligible for new clients.

Clients must claim the free bonus within a 30-day of opening account.

Eligible client must hold only one account per 1 unique IP address.

No deposit bonus can’t be transferred between live trading accounts in XM.

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

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 $30 bonus 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: 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 xm $30 bonus terms and conditions