Question: How to open XM Trading (XM Global) Bonus Account?
Summary of the article
If you’re interested in opening an account with XM and receiving bonuses, here’s a summary of the key information:
- Free Registration: XM offers free registration for trading accounts, meaning there are no fees to open an account. However, trading may involve costs and commissions.
- Required Information: To open an account with XM, you need to provide personal information such as your full name, country of residence, preferred language, phone number, and a valid email address. You’ll also need to submit proof of identification (e.g., passport or driver’s license) and proof of address (e.g., utility bill or bank statement).
- Account Types: XM offers various types of trading accounts to suit different trading needs. You can choose the one that suits you during the registration process.
- Deposit: After registering, you’ll need to fund your account to start trading. XM accepts various deposit methods, including bank wire transfer, online wallets, and credit/debit cards, with a typical minimum deposit requirement of $5.
- Trading Platforms: XM provides the MT4 and MT5 trading platforms for trading. You can download and install these platforms from their official website and log in using your account credentials.
- Number of Accounts: You can open multiple trading accounts with XM, including both demo and live accounts. There is a limit of eight live trading accounts per trader.
- Bonuses: XM offers various bonuses to its traders, including a $30 No Deposit Bonus, deposit bonuses ranging from 20% to 50%, and a Loyalty Program where you can earn trading bonuses based on your trading activity.
- Deposits and Withdrawals: XM provides various deposit methods, covers transfer fees for deposits, and typically processes withdrawal requests within 24 business hours. There are no withdrawal limits for profits or deposited funds.
In addition to account opening, XM offers several bonus promotions:
- $30 No Deposit Bonus: This bonus is available to new clients and allows risk-free trading without making a deposit. Profits earned from this bonus can be withdrawn.
- Deposit Bonuses: XM offers deposit bonuses that can boost your trading capital. The amount of the bonus depends on your deposit amount, with a maximum bonus of $5,000.
- Loyalty Program: Traders can participate in XM’s Loyalty Program, earning XM Points (XMP) for each trade. These points can be exchanged for trading bonuses.
- Trading Competitions: XM hosts trading competitions where traders can compete for cash prizes, test their skills, and gain recognition.
- VPS Promotion: XM offers a Virtual Private Server (VPS) with low latency for faster trade execution. Traders can access this service for free or at a monthly fee, depending on their trading activity.
These bonuses and promotions aim to enhance the trading experience for XM clients and provide additional opportunities to maximize gains. Make sure to review the terms and conditions associated with each promotion.
How to Open an Account with XM and Start Receiving Bonuses
If you’re interested in entering the world of online Forex trading and want to get started with XM, you’re in the right place. XM is a reputable broker that offers various account types and bonuses to its traders. In this comprehensive guide, we’ll walk you through the process of opening an XM trading account and show you how to receive a $30 bonus.
Let’s get started.
XM Online Registration is Free
One of the great things about XM is that the registration process is entirely free. You won’t have to pay any fees to open an account with them.
However, keep in mind that there may be costs and commissions associated with trading once you make a deposit into your account.
What You Need to Open an Account with XM
Before you dive into the account opening process, here’s a checklist of what you’ll need:
- Personal Information: You’ll need to provide your full name, country of residence, preferred language, phone number, and a valid email address.
- Proof of Identification: XM requires you to submit a copy of your identification, such as a passport or driver’s license.
- Proof of Address: You’ll also need to provide proof of your address, which can include a utility bill or bank statement.
Make sure to provide accurate information, as XM strictly prohibits impersonation or transferring funds to accounts in someone else’s name.
How to Open XM’s MT4 and MT5 Trading Accounts
Now, let’s walk through the steps to open an XM trading account:
- Register Online and Open an Account: Visit the XM official website and begin the registration process. During this step, you’ll need to choose the type of account you want to open. XM offers various account types, so make sure to select the one that suits your trading needs.
- Login to XM’s Client Portal and Submit Documents: After completing the initial registration, log in to XM’s client portal. Here, you’ll need to upload copies of your ID and proof of address for verification purposes.
- Make a Deposit: To start trading, you’ll need to fund your account. XM provides several deposit methods, including bank wire transfer, online wallets, and credit/debit cards. The minimum deposit amount required is typically $5.
- Login to XM’s MT4 or MT5 Platform: Download and install the MT4 or MT5 trading platform from the XM official website. Once installed, log in using your account credentials and start trading.
How Many MT4 and MT5 Trading Accounts Can You Open?
You can open multiple trading accounts with XM to diversify your portfolio or take advantage of different account types. Here are some important details:
- Demo Accounts: There’s no limit to the number of demo accounts you can have with XM.
- Live Trading Accounts: The maximum number of live trading accounts you can open is eight per trader. It’s recommended to use the same email address for all your accounts to manage them conveniently within the client portal. However, you can also open additional accounts with a different email address.
How to Claim XM’s Bonuses
XM offers various bonuses to its traders. Let’s explore how you can claim some of these bonuses:
1. How to Claim the $30 No Deposit Bonus from XM
The $30 No Deposit Bonus is a risk-free way to start trading with XM. Here’s how to claim it:
- Open a live trading account with XM.
- Complete the account verification process by providing the required documents.
- Claim the bonus in the member’s area after verification.
- Start trading with the $30 bonus without making a deposit.
2. How to Claim Deposit Bonuses of XM
XM offers deposit bonuses that can boost your trading capital. Here’s how to claim them:
- Open a real/live trading account with XM (note that the XM Zero account is not eligible for these bonuses).
- Make a deposit. The deposit bonuses range from 20% to 50% of your deposit, with a maximum bonus amount of $5,000.
- The bonus will be applied to your deposit, increasing your trading margin.
3. How to Participate in XM’s Loyalty Program
XM’s Loyalty Program allows traders to earn trading bonuses based on their trading activity. Here’s how to participate:
- Agree to the terms and conditions and confirm your participation in the member’s area.
- Start trading, and you’ll earn XM Points (XMP) for each trade.
- Accumulate XMP, which can later be exchanged for trading bonuses.
- Fund Deposits and Withdrawals with XM.
You may be wondering how to deposit funds into your XM trading account or how to withdraw your profits. Here are the key points:
XM provides various deposit methods, including bank wire transfer, online wallets, and credit/debit cards.
The withdrawal method you use will determine the processing time. XM typically processes withdrawal requests within 24 business hours.
The withdrawal amount is unlimited for both profits and deposited funds.
In summary, XM offers a user-friendly platform for traders to access the Forex and CFD markets. Opening an account is straightforward, and you can take advantage of various bonuses to enhance your trading experience. Remember to trade responsibly and stay informed about the latest promotions and offers from XM by visiting their official website.
Understanding XM’s Bonus Promotions
XM, a renowned global trading platform, continually seeks ways to reward its traders. These promotional offers not only enhance the trading experience but also provide traders with additional avenues to maximize their gains.
To start with, XM offers a generous $30 Trading Bonus. This bonus, which is available in a variety of currencies such as 25 EUR, 20 GBP, 25 CHF, 3000 JPY, and others, is a welcome gift to new clients. What’s exceptional about this bonus is that it requires no deposit. Once you sign up, it’s automatically credited to your account. While this bonus isn’t withdrawable, any profit you make from it certainly is.s
- Bonus Amount: $30, which is equivalent to various other currencies such as 25 EUR, 20 GBP, 25 CHF, and so on.
- Eligibility: Exclusively available to new clients.
- No deposit is required to avail this bonus.
- The bonus gets automatically credited to the client’s account.
- All profits earned using this bonus can be withdrawn.
- The bonus itself is non-withdrawable.
For those considering a deposit, there’s the Deposit Bonus offer. When you deposit, you can get a 50% bonus up to $500. And if you’re considering depositing a larger amount, there’s an additional 20% bonus available up to $4,500. These offers ensure that your deposit gets a significant boost, allowing you to trade with extra confidence.
- A 50% deposit bonus up to $500 (or its currency equivalent).
- A subsequent 20% deposit bonus up to $4,500 (or its currency equivalent).
But bonuses aren’t just about deposits. XM hosts Social Competitions where you can trade to the top and win big. These competitions are open to all XM Real account holders and cater to traders across all experience levels. From cash prizes to exciting rewards, there’s a lot at stake.
- Eligibility: Exclusive to XM Real account holders. Traders of all experience levels can join.
- Reward: Participants have a chance to win cash prizes and other exciting rewards.
If you’re proud of your association with XM and have friends who might benefit from joining, there’s the Refer a Friend program. By simply spreading the word and inviting friends to trade with XM, you can earn up to $35 for each referral. And the more you refer, the more you earn! The earnings from this program are fully withdrawable, adding another source of income for you.
- XM clients can earn up to $35 for each friend they refer to the platform.
- The more friends you refer, the more you earn.
- Earnings from the referral program can be withdrawn.
- The referral process is simple: share your referral link or invite friends via email.
And then there’s the XM Loyalty Program. With the myriad of rewards and incentives XM already offers, they still don’t stop there. Several times a year, XM introduces special seasonal bonuses to commemorate specific calendar events. These offers are time-bound and are in addition to highly exclusive bonuses available only through invitation.
- XM goes above and beyond to reward its loyal clients. Apart from the regular bonuses and rewards.
- Seasonal bonuses are offered marking certain calendar events. These bonuses are available for very limited periods.
- Highly exclusive bonuses are made available on an invitation-only basis.
Further enhancing the trading experience is the provision of Free VPS Services. These services are designed to optimize your trades. From eliminating downtime, being ideal for Expert Advisors (EAs), to increasing the speed of trades, they offer numerous advantages. Plus, they’re accessible round the clock from any location.
Ideal for Expert Advisors (EAs), this service increases the speed of trades and can be accessed 24/7 from anywhere. This service aims to:
- Eliminate downtime.
- Provide consistent online accessibility.
Lastly, XM ensures that your money is where it should be – with you. Their Zero Fees on Deposits & Withdrawals policy is a testament to this commitment. Whether you use e-wallets, major credit cards, or wire transfers (for amounts above 200 USD), XM covers the transfer fees. And with instant account funding and no hidden charges, you can be assured of a seamless financial experience.
- XM ensures a seamless financial experience for its clients by covering the transfer fees.
- 100% coverage on all e-wallets and major credit cards.
- Wire transfers above 200 USD are covered.
- Instant account funding is available.
- There are no hidden fees or commissions.
For more details on each of these offers, XM provides comprehensive information on their platform. So, whether you’re a seasoned trader or just starting out, there’s always something extra waiting for you at XM.
XM’s $30 Trading Bonus Explained
XM, a prominent trading platform, offers its clients a myriad of trading benefits, with the $30 Trading Bonus being one of its standout offerings. This article delves deep into the mechanics and specifics of this particular bonus.
What is the $30 Trading Bonus?
XM’s $30 Trading Bonus is designed to give traders a risk-free opportunity to test the platform’s execution quality in a genuine trading environment. The bonus, worth $30 (equivalent to various currencies such as 30 USD, 20 GBP, and so forth), acts as a credit. This is a non-withdrawable credit meant exclusively for trading purposes.
However, the upside is that while the bonus itself cannot be withdrawn, any profit you generate using this bonus can be. If you decide to make a withdrawal, it’s essential to understand that the trading bonus will be proportionally removed based on the withdrawal amount.
Eligibility and Claiming the Bonus
The trading bonus is available exclusively to traders who open an XM Real Account for the first time.
While this promotion is universally available, certain regions may have alternative offers.
There is a time-sensitive element: new account holders must claim the bonus within 30 days of opening their account, or it becomes inaccessible.
Start Trading without making a deposit
Procedure to Secure the Bonus
- Open a Real Account: Start by registering for an XM Real Account.
- Member’s Area Access: Use the login credentials sent to your email to access the Members Area.
- Identity Verification: If not previously verified, provide the necessary identification documents.
- Claiming: Click the button to officially claim your bonus.
- Voice Verification: Conclude the procedure by following the on-screen voice verification instructions.
Critical Points to Remember
The bonus remains active for 30 days post the account opening, after which it’s void if unclaimed.
It may take up to 24 hours for the bonus to reflect in a qualified client’s account.
The bonus is purely for trading purposes and can’t be withdrawn directly.
Any fund withdrawal from the account will proportionally reduce the previously awarded trading bonus.
Start Trading without making a deposit
Examples for Clarity:
Example 1:
No Deposit Trading Bonus: USD 30
Profits from the Bonus: USD 100
Available Balance for Withdrawal: USD 100
Requested Withdrawal Amount: USD 40 (40% of USD 100)
Trading Bonus Removal: USD 12 (40% of USD 30)
Example 2:
No Deposit Trading Bonus: USD 30
Deposit Amount: USD 500
Profits from the Bonus: USD 100
Available Balance for Withdrawal: USD 600
Requested Withdrawal Amount: USD 360 (60% of USD 600)
Trading Bonus Removal: USD 18 (60% of USD 30)
Other Pertinent Information
Internal transfers between trading accounts will move the trading bonuses proportionally. No additional bonuses will be credited upon internal transfers. If the receiving account isn’t eligible for bonuses, the deducted bonuses from the sending account will be nullified.
Trading bonuses are account-specific and cannot be transferred among clients’ accounts.
If a client maintains open positions during a withdrawal request or internal transfer, the removal of the bonus applies in line with the above stipulations.
XM’s Deposit Bonuses Explained
XM, a leading forex broker, has introduced a two-tier deposit bonus to help traders boost their trading capital. This bonus could provide traders with up to $5,000 on top of their investment, giving a significant boost to start trading.
What is the Deposit Bonus?
The deposit bonus introduced by XM is divided into two segments:
- A 50% bonus up to $500 (or currency equivalent).
- A 20% bonus with a cap at $4,500 (or currency equivalent).
This means, when you make a deposit, you could potentially get a combined bonus of up to $5,000 to enhance your trading capital.
Key features include:
- Instant credit on your deposit.
- Applicable for deposits starting from just $5.
- Available for both MT4 and MT5 accounts.
- The bonus is non-withdrawable.
Who is Eligible?
All XM clients who deposit funds into their trading accounts can avail of this bonus until they reach the maximum bonus limit of $5,000.
Examples of How the Deposit Bonus Works:
- Deposit $5 – You get a 50% bonus which is $2.50. Your total trading capital becomes $7.50.
- Deposit $1,000 – You get a 50% bonus which is $500. Total trading capital becomes $1,500.
- Deposit $2,000 – A 50% bonus on the first $1,000 equals $500, and a 20% bonus on the next $1,000 equals $200. Total bonus is $700, making your trading capital $2,700.
- … And so on, up to a maximum combined bonus of $5,000.
Impact of Withdrawal on the Deposit Bonus:
It’s crucial to note that while you can withdraw any profits made from trading, withdrawing funds from your account will lead to a proportional reduction in your bonus.
For instance, if you deposit $1,000 and get a bonus of $500, and then decide to withdraw 25% of your deposit ($250), you will lose 25% of your bonus ($125).
Additional Points:
The bonus might take up to 24 hours to reflect in an eligible client’s account.
Bonuses can be used for trading purposes only and are not withdrawable.
Internal transfers between XM trading accounts will lead to a proportional transfer of the bonus, and no new bonuses will be credited during such transfers. If the receiving account isn’t bonus-eligible, the bonus amount won’t be credited.
XM’s deposit bonus provides a great opportunity for traders to enhance their trading capital and take advantage of more significant market positions. As always, make sure to trade responsibly.
XM Loyalty Program Explained
Trading with XM offers multiple rewards, and one of the prime benefits is the XM Loyalty Program. Let’s delve into the specifics of this program to understand how it can benefit traders.
What are XM Points (XMP)?
The XM Loyalty Program provides the opportunity to earn XM Points (XMP) as you engage in trading. There are four distinct Loyalty levels: Executive, Gold, Diamond, and Elite. The XMP accrued per trade amplifies as you ascend through these Loyalty levels.
Gaining XM Points
Every single standard round turn lot you trade earns you XMP. The Executive level clients kickstart with 7XMP/lot, and it doubles to 16XMP/lot for the Elite level clients.
Loyalty Status Progression:
- Executive: All clients commence at this level. (0 days)
- Reward: 7 XMP per lot.
- Gold: Attainable post 30 days of active trading.
- Reward: 10 XMP per lot.
- Diamond: Reachable after 60 days of active trading.
- Reward: 13 XMP per lot.
- Elite: Achievable following 100 days of active trading.
- Reward: 16 XMP per lot.
Redeeming XMP
XMP can be exchanged for a credit bonus for trading. Clients have the liberty to redeem any portion or all of their XMP as desired. Real-time tracking of your XMP balance is accessible in the Members Area, where the equivalent credit bonus value is also displayed.
Bonus Calculation: Bonus = XMP ÷ 3
Example: If you have 10,000 XMP and decide to redeem 3,000 XMP, you would receive a 1,000 USD credit bonus. This would leave you with a balance of 7,000 XMP for future redemptions.
Eligibility & Program Rules:
- The Loyalty Program is exclusive to Standard and Micro trading accounts.
- XM Ultra Low trading accounts are not eligible.
- First-time depositors are promoted to the “Executive Level”. Further promotions are based on the cumulative number of active trading days.
- In case of trading inactivity, clients can be demoted to the “Executive Level” and any unredeemed XMP can expire or be lost.
- XMP is not generated from CFDs on Cryptocurrencies.
- Trading bonuses are exclusive for trading and are not withdrawable. Withdrawals lead to proportional bonus reductions.
The XM Loyalty Program is an exciting way to boost your trading potential. With diligent trading and by advancing through loyalty statuses, traders can enjoy increasing bonuses, enhancing their trading experience with XM. Ensure to keep abreast of the specific terms and conditions to maximize benefits.
XM Trading Competitions: A Comprehensive Guide
Trading competitions have always been a great way for traders to test their skills, get recognition, and win attractive prizes. XM’s Trading Competitions take this concept a step further by offering a range of exciting opportunities for both new and seasoned traders. Here’s a breakdown of what you can expect.
What are XM Trading Competitions?
XM Competitions is a platform where traders can compete for a chance to win over $40,000 in cash prizes. By joining these competitions, participants have the opportunity to:
- Compare their skills against other traders.
- Test their trading strategies in real-time.
- Win cash, trading bonuses, or even physical prizes.
- Get insights from the trading strategies of fellow competitors.
- Build a following and enhance their reputation in the trading community.
- And for those who really shine, there’s even a chance to become a Strategy Manager.
How to Enter an XM Trading Competition
- Account Selection: Before entering a competition, select the account you wish to use from the slider on the left-hand side. This slider will display all your accounts, helping you see which one qualifies for a particular competition.
- Competition Details: View all available competitions for both real and demo accounts. Clicking on an active competition will reveal more details like rankings and statistics of each participant.
- Multiple Entries: While you can participate in multiple competitions simultaneously using different accounts, a single account can only be enrolled in one competition at a time.
Understanding Performance Metrics
Performance is a crucial metric in these competitions. It’s calculated as:
Performance = (Equity (current) – Deposits + Withdrawals / Equity (initial)) − 1
Where:
Equity (current): Your equity evaluated at regular intervals (typically every 10 minutes).
Equity (initial): Your equity when you entered the competition.
Deposits (D): Deposits made after joining the competition.
Withdrawals (W): Withdrawals made after joining. Note: withdrawals can result in competition elimination.
Tiers in Competitions
Not all, but some competitions feature tiers based on equity entry criteria. For instance, a competition may have Tier 1 requiring an equity entry of $1,000, Tier 2 at $500, and Tier 3 at $100. The higher the tier, the more attractive the prizes.
Tools & Trade Types
Competitors can use both MT4 and MT5 accounts, and using expert advisors is permitted. Traders can also enter competitions with pre-existing trades; however, performance is gauged based on net equity changes after competition entry.
Ranking System
Every 10 minutes, a competitor’s performance is calculated and ranked. If two traders have identical performances, they both win the same prize.
Types of Competitions
- Regular Competitions: These are open to all clients, with rewards in cash that are credited to the winners’ trading accounts post-competition.
- Funded Account Manager Competition: Winners receive trading credits, usable only for trading purposes and not for withdrawal.
Always keep an eye on the competition results, available in the ‘Ended’ section or on the dashboard for ongoing competitions.
XM’s Trading Competitions are an exhilarating way for traders to showcase their skills, learn from peers, and win incredible rewards. Whether you’re a newbie or a seasoned trader, there’s a competition waiting for you.
XM VPS Promotion Explained
Are you tired of slow trading speeds or an inconsistent internet connection affecting your trades? XM is here to offer a game-changing solution: The XM VPS.
Why Should You Consider the XM VPS?
- Geographical Advantage: The XM VPS lets you remotely connect to a server located a mere 1.5 km away from the XM data centre in London.
- Speed: State-of-the-art optical fiber connectivity ensures lightning-fast trade execution.
- 24/7 Availability: Trade anytime without worries about power cuts or system failures.
- Optimized for Expert Advisors (EAs): Your EAs can run non-stop, even if your personal computer is off.
- Hardware Specs: Gain access to a Windows Server 2019 with 2 GB RAM, 25 GB Hard Drive Capacity, and 1vCPU.
Limited-time Offer
For a limited period, both new and existing XM clients can avail of the VPS service under even more beneficial terms. But be sure to stay updated; this exclusive promotion could end anytime.
How to Get the XM VPS During the Promo?
- For Active Traders: Clients maintaining a minimum account balance of 500 USD (or equivalent) and trading a minimum of 2 standard round turn lots or 200 micro round turn lots per month can request a free VPS via the Members Area. Additional trading accounts using the same email are also considered.
- For Others: Clients who don’t meet these conditions can still enjoy the XM VPS at a monthly fee of 28 USD, automatically deducted at the start of each month.
Connecting to Your VPS: A Step-by-Step Guide
- Initiation: Click the ‘Start’ button on your computer, type “Remote Desktop Connection”, and select the matching result.
- Connection Setup: In the new window, input the XM VPS IP address you’ve been provided with and hit “Connect”.
- Login: Enter your unique VPS username and password.
- Security Prompt: If it’s your first connection, you might encounter a prompt. Simply confirm you wish to proceed.
With the XM VPS promotion, traders have the golden opportunity to maximize the efficacy of their trades, ensuring fast execution and minimizing the chances of unwanted tech hiccups. Whether you’re a newbie or an experienced trader, this is the perfect time to elevate your trading experience. Remember, the offer is time-limited, so make the most of it while it lasts!
FAQs for Opening an Account with XM and Receiving Bonuses
- 1. Is it free to open an account with XM?
- Yes, opening an account with XM is entirely free.
- 2. What information do I need to provide to open an XM account?
- You’ll need to provide personal information such as your name, country of residence, preferred language, phone number, and a valid email address. Additionally, you’ll need to submit proof of identification and proof of address.
- 3. How many types of XM trading accounts are there?
- XM offers various types of trading accounts, including MT4 and MT5 accounts, among others.
- 4. What is the minimum deposit required to start trading with XM?
- The minimum deposit amount required is typically $5.
- 5. Can I open multiple trading accounts with XM?
- Yes, you can open multiple trading accounts, including demo and live accounts, to diversify your trading portfolio.
- 6. How can I claim the $30 No Deposit Bonus from XM?
- To claim the $30 No Deposit Bonus, you need to open a live trading account, complete the verification process, and then claim the bonus in the member’s area. You can start trading with the bonus without making a deposit.
- 7. What are the deposit bonuses offered by XM?
- XM offers deposit bonuses ranging from 20% to 50% of your deposit, with a maximum bonus amount of $5,000. The XM Zero account is not eligible for these bonuses.
- 8. How can I participate in XM’s Loyalty Program?
- To participate in the Loyalty Program, agree to the terms and conditions in the member’s area and start trading. You’ll earn XM Points (XMP) for each trade, which can be exchanged for trading bonuses.
- 9. What are the deposit and withdrawal methods available with XM?
- XM provides various deposit methods, including bank wire transfer, online wallets, and credit/debit cards. Withdrawals are processed within 24 business hours.
- 10. Are there any fees for depositing or withdrawing funds with XM?
- XM covers the transfer fees for deposits and withdrawals, ensuring a seamless financial experience for clients.
- 11. How do XM’s trading competitions work?
- XM offers trading competitions where traders can compete for cash prizes. Participants are ranked based on their performance metrics, and winners receive rewards.
- 12. Can I use Expert Advisors (EAs) in XM’s trading competitions?
- Yes, you can use Expert Advisors in XM’s trading competitions.
- 13. What is the XM VPS and how can it benefit traders?
- The XM VPS is a virtual private server located near the XM data center in London, providing fast and uninterrupted trading. It is beneficial for traders using Expert Advisors and those concerned about internet connectivity.
- 14. How can I get the XM VPS during the promotion?
- You can get the XM VPS for free if you meet certain trading conditions or pay a monthly fee if you do not meet the conditions.
- 15. What are the hardware specifications of the XM VPS?
- The XM VPS offers Windows Server 2019 with 2 GB RAM, 25 GB Hard Drive Capacity, and 1vCPU for efficient trading.
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