XM - What's now?
XM has updated the maximum leverage to 1:1000 in June 2022.
Leverage 1:1000 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.
- Change of XMP Rate in XM Loyalty Program
- How to convert XMP for Trading Bonus?
- What is XM Loyalty Program?
- How can I join in XM Loyalty Program?
Change of XMP Rate in XM Loyalty Program
XM has changed the rate of XMP you can earn within XM’s Loyalty Program.
There are several changes made for the promotion “XM Loyalty Program”. For the details and the up-to-date terms and conditions of the promotion, please XM Official Website.
One of the change made within XM’s Loyalty Program is the rate of XMP you can earn on each status.
The new rate of XMP within XM’s loyalty program is specified in the table below.
|7 XMP/LOT||10 XMP/LOT||13 XMP/LOT||16 XMP/LOT|
From now on, the rate which will be applied for the XMP per lot is according to the above table.
For other changes of terms and conditions of XM’s loyalty program, please go toXM Official Website and find out more.
How to convert XMP for Trading Bonus?
To convert your XMP, you need to first login to XM’s members area.
XM’s members area can be logged in from XM Official Website.
After logging into XM’s members area, go to the section of “Loyalty Program” as below.
In there, you can find the amount of accumulated XMP in your account, and can convert your XMP for the extra trading bonus.
The exchange rate of XMP for trading bonus will follow the calculation formula: XMP / 3 = Trading Bonus.
What is XM Loyalty Program?
XM’s Loyalty Program is a sort of a cash back promotion which you can earn more benefits by trading more.
By participating in XM’s Loyalty Program, you will start earning XMP every time you trade.
The rate of XMP you can earn per lot depends on the status you are in within XM’s Loyalty Program.
The XMP you earned will be accumulated in XM’s members area.
And finally, you can exchange the XMP for trading bonus.
How can I join in XM Loyalty Program?
To participate in XM’s Loyalty Program, follow the steps below.
- Open XM’s Real Trading Account
The online registration is free and may only take a few minutes to complete.
- Login to XM’s members area and complete verification
To be qualified for promotions of XM, you are required to verify your account by submitting documents (ID and Proof of address). You can login to XM’s members are by using the login credentials you received after account opening.
- Confirm your participate in XM’s loyalty program
In XM’s members area, go to “Loyalty Program” section and confirm your participation.
- Start trading
Now you may start trading and the XMP will be accumulated in your members area according to your trading volume.