Terms and conditions of xm bonus
This means if you deposit an amount of USD $22,500, your account balance will become USD $28,500.
Free forex bonuses
The math on this is pretty simple and you can see it in more details in this table: 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.
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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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 DEPOSIT BONUS. LEARN ITS SECRETS NOW!
Are you confused to choose a good broker because there are too many brokers in the forex trading market? XM is highly recommended thanks to its superior trading conditions and customer services. I am writing this article to give you some knowledge on XM greatest bonus, which is the XM deposit bonus. Check our full XM reviews.
What is XM deposit bonus?
XM deposit bonus is available for all XM clients with a micro or standard account (learn more about XM accounts). They offer 100% bonus on every initial and recurring deposit during the promotional period. This XM 100% deposit bonus is made for both our existing and new clients to help them equally benefit from the advantages it offers. The existing real account holders are instantly eligible for the bonus on each deposit they make, while new clients can claim the bonus once they register a real account of their preference and deposit funds in it, starting from as little as $5, and with the deposit charges covered by XM.
Every client is eligible to receive a maximum daily bonus amount of $1000 on all their deposits made during the promotional period. Bonuses are instantly credited into clients’ trading accounts, and thus immediately available for trading.
How to receive XM deposit bonus?
- Sign up with XM.Com
- Open a micro or standard account
- Make a deposit and receive the bonus instantly.
Withdrawal conditions
You cannot withdraw the bonus amount itself, but you can withdraw your profits and your own funds at anytime you want. There will be no additional requirements/conditions to withdraw your funds or profits, by joining this promotion.
Terms and conditions of XM deposit bonus
We have summarized some of the important rules of the promotion below:
- The promotion is available only once per client, household and IP address.
- None of the bonus amount through this promotion, can be withdrawn.
- There is no restrictions of withdrawing your own funds and profits, and you can perform withdrawals of your funds at anytime you want.
- In case you withdraw a part of (or full) your funds, the whole bonus amount will be nullified.
- In case you transfer a part (or full) your funds to another account, the bonus will be also transferred to the receiving account according to the % of the funds transferred.
- XM allows all kinds of trading activities on their platforms through the promotion, except arbitrage.
- The promotion is available along with other promotions including no deposit bonus and loyalty point program.
Open an account at XM and get this forex bonus now.
Mario draghi
Hey, I’m mario draghi. I’m a writer currently resided in thailand. For my forex experience, I have been working with brokers and trading for 5 years. Hope that you'll enjoy my articles about all forex-related matters.
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South asian airlines are about to launch blockhain payment
How to get started with XM no deposit bonus?
The forex trading market consists of a bunch of individual elements and variables. For a successful trading endeavor, you need to account for the most important ones among them, and for many traders, bonuses can fall into that category.
Many forex brokers feature bonus promotions on their platforms, but it’s not always easy to select the best among them. Some brokers use bonuses for solely cosmetic reasons; their only goal is to make their platforms more appealing while not offering any significant value in real life.
In the following XM no deposit bonus review, we’re going to take an in-depth look at this promotion and give you our honest opinion about it.
First look
XM no deposit bonus is a great start for getting a professional forex trader. XM has proved its reliability and excellence many times and keeps the position of the frontier in the forex trading market. The broker is currently offering a 30$ bonus to its new clients all around the world. The free bonus XM offering is a great opportunity for the beginners as it features a free bonus that can be used for starting FX trading with this broker.
In other words, the broker is giving free 30 USD to the new users just for opening the real account with it. Although the bonus is available to any new user, people claiming the bonus should be eligible to receive it.
One of the main reasons why our review of XM no deposit bonus already proves the credibility of this promotion is that the broker offering it is credible itself. It features licenses from a bunch of prestigious regulators, be it FCA, cysec, or IFSC. Therefore, you can rest assured that XM is providing you with the best conditions for your forex trading endeavors.
How to get XM no deposit bonus
XM website is very user-friendly and convenient to use, it displays all the needed instructions and information, therefore, it is easy to navigate even for those users who have never had any experience with forex trading or with XM broker. Getting XM welcome bonus is very easy and takes several steps only.
Click here to get your XM free $30. You will be landed in the promotion section where you will see several promotions that are currently offered to the customers of XM broker.
Choose the XM USD 30 trading bonus, this action will lend you to the XM no deposit bonus page where you can claim your bonus with just one click.
To get the XM bonus you need to have a real account, therefore the website automatically suggests you create one.
Registration for getting XM welcoming bonus
As our XM no deposit bonus review reveals, you need to create a live XM account in order to get the bonus from the broker. But there’s nothing awfully complicated about this; you can create an account in just a couple of easy steps, namely:
- You are required to enter personal details such as name and surname as it is written in your identity document, country of residence, phone number, and e-mail address. You should choose your preferred language as well. Currently, XM offers 25 languages you can choose from.
- Besides personal details, you will be asked to choose a trading platform type and account type. XM offers a choice between metatrader 5 and metatrader 4. You can have access to these platforms with several devices such as PC, mac, IOS and android devices, in addition to this metatrader 5 also includes XM webtrader, meaning that you will not need to install any software. Which trading platform you need to choose depends on what do you want to trade. Metatrader 4 is predominantly a forex trading platform, while MT5 also offers to trade in stocks, stock indices, and precious metals. To get the XM bonus there is no difference which platform you will choose.
- The next step is choosing an account type you have the choice between micro, standard, XM zero, XM ultra-low micro and XM ultra-low standard. You can check what are the offerings and differences between the account types on the XM website in the section of account types.
The next steps
After you finish the first part of the registration, the second part of the questionnaire will load. Our review of XM no deposit bonus shows that in this step, you have to provide additional information such as date of birth and address details. Also, you will need to answer several questions, which include whether you are a US citizen, provide more data about your employment status and etc. This is done simply to determine the purpose of the client. And after you enter the preferred password for your account, you’ll get even closer to claiming your own XM no deposit bonus of 30 USD.
After you have gone through both steps of the registration, you will receive an email to confirm the transaction on the email address that you have indicated while registration. You will be able to confirm the transaction through the link that is provided in the email. After it, you will be able to log into the system as you will receive your ID which you should indicate while accessing in members area with the password that you have set while registration.
XM no deposit bonus terms and conditions
Once you have got your XM no deposit free bonus, you might be interested in what the terms and conditions are that you need to follow to use the XM forex no deposit bonus. Only the new clients of XM are eligible for receiving the $30 no deposit bonus from the broker, and that’s if they meet the criteria points. The only restriction is to the people who are under 18 years old or otherwise under the legal age in their country of residence and are considered as “minors.”
As our XM no deposit bonus review shows, the broker maintains the right to cancel your bonus claim immediately: if it suspects that client has abused or attempted to abuse the promotion or has violated the fair rules of the trading bonus, the broker reserves the right to deny, withhold or withdraw the trading bonus promotion or any other promotion from the user. In order to activate the bonus, clients need to verify their phone number via SMS and/or voice verification procedure. All eligible customers can hold only one trading bonus which is attached to the unique IP address.
After the registration, it might take up 24 hours for the user to get their XM free bonus, although it generally takes half an hour to get the money on your deposit. The bonus can only be used for trading purposes and cannot be withdrawn. After a person has opened the account they have 30 days’ limit to claim the bonus. After that time, the promotion will become unavailable.
XM bonus withdrawal
Users are not able to withdraw the initial 30 USD they get as a bonus, but they are of course allowed to make the withdrawal of the profit they make by trading with XM. And the withdrawal policy at XM is pretty beneficial, although any withdrawal of funds will result in the proportional removal of the trading bonus. Here is the example for better understanding:
Why should you choose XM $30 no deposit bonus
XM is widely known as a company whose reputation is beyond any suspicions. This cyprus-based company with its 10 years of experience proves that it has taken its trading platform to perfection. It is needless to say that they are fully regulated by the cyprus regulator cysec, they are also fully compliant with regulatory bodies such as FCA, FIN, bafin, AFM, CNMV, and FI.
One of the many advantages of trading with them is a highly innovative platform and user-friendly interface and professional customer support in 25 languages, which can be crucially important for beginner traders. This is why we advise starting with XM forex no deposit bonus. And, as our review of XM no deposit bonus shows, it is easy to get and with the XM platform and the support system makes it easy to comfortable for the new users to start successful trading.
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.
Terms and conditions of xm bonus
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.
XM no deposit 30 USD bonus – read an honest review
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XM forex broker is a great place to get started for a next FX professional. This broker gives you access to XM no deposit 30 USD bonus campaign and allows you to use metatrader4 and MT5. This is one of the only brokers that makes MT4 live trading available to you without making a deposit. You should certainly try this XM no deposit bonus, as metatrader 4 is the platform you will most likely have to change to eventually and this promo campaign lets you test drive the platform without any deposits.
XM free 30 USD no deposit bonus description
Getting the 30 USD no deposit bonus on XM is pretty easy. The only thing you need, except for the wish to trade forex, is to go through XM registration, get your account, and confirm your phone number via SMS. As for the bonus, within the maximum of 24 hours (but usually in around 30 minutes), you will get the money credited to your account and you will be able to trade currencies online with XM without making a deposit.
XM free trial available platforms
When it comes to FX trading online, the choice of available trading platforms becomes quite important. Most of the traders end up on MT4 or MT5 platform and this is certainly an advantage of XM. With XM FX broker, traders using mac laptops and desktops will find a hustle way to trade since they offer native access to metatrader 4 for mac OS. Also, the MT4 web platform is also available with XM, this trading terminal could be used for windows and other operating systems too. Like most of the brokers, XM account also enables you to trade on your smartphone.
XM 30$ bonus terms and conditions
XM no deposit 30 USD bonus is unavailable for withdrawals, however, every cent from the profit is yours. You can take your time and only make relevant trades that get you great money on the XM no deposit bonus.
XM free account critics
Many traders have been complaining about this promotion and XM broker in general, this is why forex trading bonus team would strictly advise against it. You may, of course, try your luck and see how fast you can triple your initial balance, however, some traders did have their accounts removed without any prior notification.
We decided to check this bonus on our own. We have to admit, we were positively surprised by the quality of services and web platform from XM. This is why we recommend you try XM trading bonus!
How to get XM $30 no deposit bonus?
XM is a quickly growing international investment firm with over 2.5 million users and 300 professionals. The company offers a trustworthy and convenient trading environment and is one of the few brokers who will allow MT4 live trading without making any deposits. After getting their XM global login, users will be rewarded with $30 no deposit bonus that is available for trading right away. It shouldn’t take longer than a day for the funds to show up in the account.
Steps for getting the no deposit XM bonus:
Getting the bonus is fairly simple. A user only has to register on the platform and activate the account. The registration procedures are very easy to follow. On any page on XM’s website, in the top right corner, there is a green button titled “open an account”. Clicking the button will start the registration process.
The registration includes filling out a standard questionnaire. The first part of it is depicted on the screen below. In this section, the user is asked to fill out some details like name, country of residence and a phone number. A user will also get to choose an account type and trading platform type on this page.
After this information is filled out, the second part of the questionnaire will load. Here, the user is asked to provide some additional details, like the date of birth and address.
The website will also ask whether the user is a US citizen or not, as well as some additional questions to determine the purpose of the client. Once, this information is filled out, the user will set the password, agree to the terms and conditions as well as some other policies that can be viewed through the links and will click the button “open a real account”, and with that, you XM signup will be complete. Don’t stress out, your free XM bonus is almost here!
Once the questionnaire is complete, the user is very close to getting the bonus. All that is left to do is to confirm the email. The notification will be generated and the user will be asked to check the inbox of the indicated email address. Through the link provided in the email, the user will be able to confirm the transaction.
After confirming the transaction the user will finally get to log into the system using their XM members login . They will also be assigned an MT4 ID, which functions as a username when logging into the platform.
The XM no deposit bonus should show up on the account within a day after completing the registration process. The $30 no deposit bonus from XM cannot be withdrawn but can be used to trade in the system. It is a great feature to test the platform and get acquainted with it. It is an especially good feature for beginners, who might not want to risk their own funds while figuring out the basics of trading.
XM forex broker $30 no deposit bonus how to trade & withdraw?
XM global limited is one of the oldest broker with over 196 countries access to their financial services. XM is recognized by cyprus, EU, and australian securities commission firms for regulation formalities.
On december 01, 2020, the XM forex broker introduces a great promotional program for the newbie’s registrars not just they can test their system in real market order execution, they can also avail the opportunity of earning money by testing their trading skills in the real market experience. Let’s explore the specifications of this bonus program terms and conditions and how the users can be eligible to successfully avail the funds and trade so that they can withdraw the profit amount.
Welcoming the last month of this year with “no deposit bonus”
XM broker forex $30 no-deposit bonus overview
The ongoing no-deposit bonus requires your attention to claim it if you are the newly introduced user of XM forex broker and want to test and trade the real market on the XM broker system setups. You have a total of 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.
How to start trading with XM no deposit bonus
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There are a bunch of different ways you can use to take your forex trading game to the next level. These include improving your knowledge by reading trading-related books and online tutorials, increasing your experience by trading with demo accounts, and ensuring the safest trading ventures by choosing a trustworthy broker.
One additional element of forex trading that can more or less affect your trading outcome is bonuses. Depending on where you live and where you’re trading forex, your broker may or may not come with such bonuses mainly due to regulatory restrictions. And if it does come with such bonuses, then you can start figuring out whether you can trust them or not.
XM welcoming bonus is one of the best opportunities for those who want to start forex trading with no money. Both beginner and experienced traders are to apply for it. With its 10 years of experience in the forex market, XM has a reputation of a reliable broker that constantly provides good service to its customers. In this XM no deposit bonus review, you will get to know what exactly is a no deposit bonus, how it works, and most importantly, how can you claim your free $30 today.
XM no deposit bonus description
Just like other brokers in the forex trading market, XM is also offering a no deposit bonus to promote its service and attract new customers. The bonus is for every trader who is eligible for opening a trading account with XM. All traders who will register with the broker for the first time will receive 30 USD on their account without depositing even one cent on it. Those who have accounts in different currencies will receive the equivalent of it, south africans having an account in ZAR will receive 347 ZAR from the broker.
XM no deposit bonus $30 is solely for trading purposes, meaning that individuals who receive it will not be able to withdraw it. Getting no deposit bonus from XM does not give you any financial obligation – if you lose the bonus money completely -that’s absolutely fine. On the other hand, the profits made with the bonus can be withdrawn at any time.
One additional piece of information to share here is that the no deposit bonus at XM is only available to south african forex traders. Unfortunately, traders from other areas cannot access this promotion this time.
XM no deposit terms and conditions
As we have mentioned in the following review of XM no deposit bonus, this promotion does not have any financial obligation from the traders’ side. However, it does have terms and conditions that the trader should be aware of:
- First things first, as it is XM welcoming bonus, only new clients are able to get it. If you already have an account with XM, unfortunately, you are not eligible.
- The client who wants to claim the bonus should fulfill some basic criteria. An individual should be eligible to trade according to the laws of south africa – the only country where this bonus is available for now. An individual should not be under 18 years old and should not be considered as a minor in his country of residence. Minors are not allowed to open a trading account at all.
- New customers are permitted to get XM $30 bonus only once, it is connected to the one and unique IP address, meaning that there can only be one bonus for one IP address. Customers also cannot open several trading accounts with the same registration details to get more than one bonus.
- Transferring the bonus money from one real account to another is not possible. The bonus money can be used for trading on the same account it was initially applied to.
How can you get XM $30 no deposit bonus?
Receiving XM free $30 is easy even for the traders who are new to the forex trading industry. To claim your bonus, you need to open a real trading account with XM. Once you go to the XM’s website, you should head over to the page of promotions where you will see several offerings. Currently, XM is suggesting no deposit and deposit bonuses. You need to choose XM 30 USD no deposit bonus, click “read more”, and the button will transfer you to the bonus page. There you can find full information about the bonus and how it can be used. Now let’s go step by step on how to get the free $30 from XM.
Step #1 – opening a real account
As our XM no deposit bonus review shows, the first step is opening a real account with XM. You need to fill the registration form that consists of two parts. You need to provide your personal details such as name and surname as it is written in your identity document, country of residence, and preferred language. Your valid email, that you are using and your phone number. Both of them will be needed for fulfilling the next steps, therefore make sure to provide valid information, otherwise, you will not be able to receive the XM 30 USD free bonus.
The registration form will ask you to make two important choices. First, you need to select which platform you want to choose. Currently, there are only two trading platforms available with XM – metatrader 4 and metatrader 5. It is up to you which one you select, but you need to make the choice depending on your trading needs and requirements. If you are not sure about the differences between these two trading platforms do not get confused, there is not a big difference. MT4 is predominantly a forex trading platform, while with MT5, traders can trade other instruments such as indices, precious metals, and more. If you want to know more about metatrader features and the differences between these two, check out the trading platforms review for more details.
You need to select the type of account you want to hold with the XM forex broker. During our review of XM no deposit bonus, we have discovered that the account type does not affect the XM deposit bonus. XM is offering five types of trading accounts and you can choose the one based on your needs and trading goals/plans. These accounts are micro, XM standard account, XM zero, XM ultra-low micro, and XM ultra-low standard. We will not go into details of the account types here, you can find detailed information about them in XM detailed review.
After finishing the first part of the registration, the next page of the questionnaire will appear. After filling it up, you will be just one step away from getting the XM $30 bonus. On this step, you need to provide the details of your trading account such as the account currency, leverage, and account bonus. After it, you need to fill investor information – what is your investment amount in USD, your employment status, and so on.
Step #2 login to the members’ area
Once you are done with the registration process, you need to log in to the member’s area to receive the XM welcoming bonus. You will receive an email from XM on the email address you mentioned while registering. Via email, you will receive your ID for the members’ area. You can reach your trading account with this ID and the password you have indicated in the registration form.
Step #3 validate your XM account
The next step is the account validation. It is done very simply without much hassle. Once you log in to the members’ area, you will see the button requesting you to upload your documents for verifications. You need to upload two types of documents on the platform, namely:
1 – ID- a color copy of a valid passport, driver’s license, or any other legal document that proves your identity.
2 – POA – (proof of residence) it can be a bank statement or utility bill that dates within the last 6 months.
It may take a few days until XM approves your documents.
Step #4 claim your XM no deposit bonus
It can be done with just one click in your trading account! And, we have already mentioned this in our XM no deposit bonus review, the bonus is credited to your account right away.
Step #5 verify
The last step is verifying your XM no deposit bonus, after which you are good to go! The verification is done by SMS or voice verification. After it is done the broker will transfer the $30 on your trading account. Usually, the transaction takes up to 30 minutes, however in some cases, it might take 24 hours, so do not worry if the money will not appear on your account right away.
You can start trading right after you receive the money. We hope that your trades will be successful and soon you will want to withdraw your profits, so let’s see how it is done and what are the XM no deposit bonus withdrawal conditions.
XM no deposit withdrawal policy
As we have already mentioned, you cannot withdraw the initial deposit money as it is for trading purposes only. Let’s say you have traded for a while, if you want to withdraw the money, the initial amount of XM $30 bonus will be removed proportionally.
To withdraw the money you need to complete at least five round turn trades and the trading account should reach 0,1 standard lots. All of the no deposit bonuses have some kind of trading volume requirements. While some of them can be impossible to reach by beginner traders, XM no deposit bonus trading volume requirement is acceptable and realistic.
Why XM $30 free bonus?
XM free bonus is truly one of the best no deposit bonus offers that is available on the forex trading market today. The fists thing that speaks well about the bonus is the quality and reputation of the broker itself. As XM is regulated by the most trustworthy regulators in the world there is no possibility of getting yourself in some kind of scam or fraud with the broker. At the same time, it has been operating on the forex market for ten years now and has well established and developed services. It is very easy to claim the XM no deposit bonus 30 USD, and most importantly the conditions are well designed for even beginner traders. Hence, if you do not have a long trading experience, you can still be profitable with the XM bonus.
So, let's see, what was the most valuable thing of this article: want to know the real conditions of XM deposit bonus? Check out the requirements for XM bonus deposit and find out the withdrawal process policies. At terms and conditions of xm bonus
Contents of the article
- Free forex bonuses
- XM deposit bonus: policies and limitations
- XM deposit bonus description
- Another XM bonus program
- XM broker account types
- Advantages
- XM no deposit 30 USD bonus – read an honest review
- XM free 30 USD no deposit bonus description
- XM free trial available platforms
- XM 30$ bonus terms and conditions
- How to get XM $30 no deposit bonus?
- Steps for getting the no deposit XM bonus:
- XM DEPOSIT BONUS. LEARN ITS SECRETS NOW!
- What is XM deposit bonus?
- How to receive XM deposit bonus?
- Withdrawal conditions
- Terms and conditions of XM deposit bonus
- How to get started with XM no deposit bonus?
- First look
- How to get XM no deposit bonus
- XM no deposit bonus terms and conditions
- XM bonus withdrawal
- Why should you choose XM $30 no deposit bonus
- 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
- Terms and conditions of xm bonus
- 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 $5,000* in deposit bonuses
- Loyalty reward points
- XM regulation & licenses
- Where is XM regulated?
- Minimum & maximum deposits / withdrawals
- XM deposits summary table
- XM minimum deposit
- XM maximum deposit
- XM withdrawals summary table
- XM withdrawals
- XM bad reviews
- Is XM a scam?
- What is trust score?
- XM scorecard – 99 / 100
- XM no deposit 30 USD bonus – read an honest review
- XM free 30 USD no deposit bonus description
- XM free trial available platforms
- XM 30$ bonus terms and conditions
- How to get XM $30 no deposit bonus?
- Steps for getting the no deposit XM bonus:
- XM forex broker $30 no deposit bonus how to trade...
- XM broker forex $30 no-deposit bonus overview
- XM forex broker $30 no-deposit bonus terms &...
- How to claim XM $30 no-deposit bonus
- Thoughts on $30 bonus program
- How to start trading with XM no deposit bonus
- XM no deposit bonus description
- XM no deposit terms and conditions
- How can you get XM $30 no deposit bonus?
- Step #1 – opening a real account
- Step #2 login to the members’ area
- Step #3 validate your XM account
- Step #4 claim your XM no deposit bonus
- Step #5 verify
- XM no deposit withdrawal policy
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