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.
What are the XM’s Bonus Promotions
XM, an online Forex and CFD broker with international financial licenses offers various bonus promotions.
The promotions may not be available for investors in certain countries. To find out what offers are available for you, please visit XM Official Website.
XM’s campaigns include risk-free no deposit bonus, deposit bonus, loyalty program (cash back bonus) and other special services.
In this page, we have summarized all bonus promotions run by XM, how to participate them and conditions.
Check out the following 5 bonus promotions of XM today and make the best out of your online trading!
- $30 No Deposit Bonus
- 50% and 20% Deposit Bonus
- Loyalty Program
- Free VPS
- Deposit and Withdrawal Commission Free
1. XM 30 USD No Deposit Bonus
This is a non-stop promotion ran by XM for years.
XM is giving away 30 USD to all new traders for Free, so they can take the first step to the “Forex Market and try out the service of XM without any risks.
This promotion is absolutely Free, and you do not need to deposit your own funds or risk it to trade Forex through the promotion.
How to receive the Free 30 USD
Please follow the steps below to receive Free 30 USD from XM.
1. Sign up with XM and Open a Real Account
You can receive the “Free 30 USD” with either Micro or Standard account, but not with XM Zero account.
You can open all of the account types later on as you can hold up to 10 accounts at the same time.
Point – To receive the bonus, you must request for it within 30 days from the first account opening.
2. Log in to the XM’s “Members Area” & Submit documents
You can login to the Members Area using the login credentials provided by XM.
The required document is “a copy of ID and proof of addres document”.
Point – The verification with documents maybe a bit complicated for some traders. Contact XM, and they will nicely assist you.
3. Click the Button to claim “Free 30 USD”
After the verification is completed, the “button” appears in the main page of “Members Area”.
Just click on it, and proceed to the next step below.
4. Complete SMS Verification
You can verify your phone number with SMS message.
Please make sure that your phone receives SMS from new sources!
5. Receive 30 USD for Free
After the SMS verification is done, 30 USD will be automatically credited to your live account, and ready for trading.
The bonus is available for unlimited time until you lose them all, or withdraw profits from the account.
Point – The bonus amount is different by currencies as 30 USD, 20 GBP, 25 CHF, 3000 JPY, 30 AUD, 1000 RUB, 100 PLN, 7000 HUF, 40 SGD or 347 ZAR.
The bonus amount itself (the 30 USD) cannot be withdrawn to your bank account, but only profits can be withdrawn.
In order to withdraw the profits amount, you will need to trade at least 5 standard lots(round turn) in the relevant account.
Terms and Conditions of $30 No Deposit Bonus
Please make sure that you understand the rules of this promotion before start trading.
- The bonus available only once per client, household or IP address.
- The bonus is only available for new clients of XM, within 30 days of period after he/she signs up with XM.
- If you internally transfer any funds from the bonus account to another trading account, the bonus will be also transferred proportionally.
- XM allows any kinds of trading activities on their platforms, except arbitrage.
- XM has the right to nullify the bonus at anytime at its own discretion.
- In case you are having trouble receiving the fund, please contact XM via email, [email protected]
You can download the official Terms & Condition document from the below link.
Visit XM Official Website and start registering for free today.
2. XM 50% and 20% Deposit Bonus
XM is willing to offer up to $5,000 bonus on MT4 and MT5 accounts.
You can get the bonus from $5 of minimum deposit.
Use the bonus to trade Forex and CFDs with more capital today!
|Bonus available to||All new traders of XM|
|Required Deposit amount||5 USD (equivalent amount in other currencies)|
|Withdrawal conditions||Only your fund and profit can be withdrawn*|
|Available account types||Cent and Standard accounts|
The bonus will be credited automatically to your accounts once you made a deposit!
How to get the Bonus
- Open an account with XM
- XM Zero account is not eligible to join this promotion.
- Login to the client portal
- Make a deposit
- The required deposit amount for the promotion is $5
The bonus will be applied as follows:
|Deposit Amount||Bonus %||Maximum Bonus Amount|
|Up to $1,000||50%||500 USD|
|After $1,001||20%||4500 USD|
By trading in your live accounts, you can also earn XMP (XM Points) through the ‘Loyalty Program‘.
‘Loyalty Program’ is literally the Cash Back program for traders who are loyal to XM.
Bonuses (both 50% and 20% deposit bonuses) are available only for trading and are not available for withdrawal.
You can withdraw your fund and profit generated in the account at anytime, but it may cause full cancellation of the bonus.
Terms and Conditions
Here are some important rules of the promotion.
For the full conditions of the promotion, please visit XM Official Website for more.
- The bonus can be applied to the first and subsequent deposit of the eligible accounts.
- The maximum bonus amount per traders is $5,000.
- It may take up to 24 hours for the bonus to be credited to your accounts.
- Bonus amounts cannot be withdrawn at any circumstances.
3. XM Loyalty Program
Did you know that XM is offering “Cash Back Bonus”? to all loyal traders!
Just sign up, join the promotion and start trading. Then you can earn cash back from XM directly into your live trading account!
Cash back is either “Tradable” or “Withdrawable”, find out the details below!
How to get Cash Back from XM
1. Sign up with XM & Open an account.
All account types are eligible for receiving the Cash Back.
If you haven’t, you may also want to receive 30 USD No Deposit Bonus before start trading.
2. Make a deposit & Check your Loyalty Status
By making a deposit to your live trading account, you can confirm your participation to the promotion.
Now check your status of “Loyalty Program” in XM’s Member Area.
As long as the status is updated, you are ready to receive cash back.
3. Start Trading
XM allows all kind of trading methods on their platform.
Start trading, and regardless to your trading results, you will receive cash back from XM.
Point – Scalping within 10 minutes won’t be calculated for this promotion.
4. Redeem “XMP” to Cash Back
The promotion is available for unlimited period!
Check the XMP you have earned through the Members Area, and “Redeem” them by following the buttons below.
Point – Longer the period you trade, the cash back amount becomes higher.
When you redeem the XMP, there are 2 ways to proceed.
The “Credit Bonus” is available only for trading purposes, and cannot be withdrawn.
The “Cash Bonus” is available for both trading and withdrawal at anytime.
Thus, the amount of cash back is bigger for “Credit Bonus”. For your information, the rate of XMP you can receive differs depending on the loyalty status as below.
|XMP/1 lot||10 XMP||13 XMP||16 XMP||20 XMP|
|XMP/1 micro lot||0.1 XMP||0.13 XMP||0.16 XMP||0.2 XMP|
|To Upgrade||Start Trading||30 daysafter the first trade||60 daysafter the first trade||100 daysafter the first trade|
|To Downgrade||N/A||30 daysof inactivity||60 daysof inactivity||100 daysof inactivity|
|Exchange to Bonus||Creditable in the rate of 3:1|
|Exchange to Cash||Not withdrawable||Withdrawable in the rate of 40:1|
Full Terms and Conditions
Please make sure that you have read and understood the rules of this promotion before start trading. e have summarized some of the important conditions below.
- The positions closed within 10 minutes after the position opening, won’t be calculated for this calculation.
- Loyalty status will be demoted in case of continuous trading inactivity days according to the same principal applied in direction of promoting.
- In case of demotion, all XMP will be nullified, and it cannot be recovered again.
- Any XMP accumulated in your Members Area, can be redeemed at anytime without extra conditions.
- In case you transfer funds internally to another live account, the bonus and XMP will be also transferred according to the% of funds transferred.
- If you withdraw your funds from the relevant account, all bonuses credited in the account will be nullified immediately.
- For trading of Index CFDs, Commodities, Metals and Energies, different rate of XMP will be provided for the same trading volume.
4. Free VPS Services
XM is a NDD (Non Dealing Desk) broker which accepts any kinds of trading strategies on MT4 and MT5 trading platforms.
XM’s Free VPS is especially dedicated for traders with EAs (Expert Advisers) and Trading Robots.
By using the Virtual Private Server (VPS), you will have following advantages of online trading.
- Eliminate downtime
- XM’s VPS is not just free but also stable, and it consistently works for 24/7.
- Ideal for EAs
- You can lower latency by using XM’s VPS and optimum environment for EAs.
- Accessible from anywhere
- As long as you have the login credentials of your VPS account, you can access to your platform and monitor anywhere and anytime.
5. Zero Fees on Deposits and Withdrawals
XM has got the transfer fees covered for all investors.
For online wallets (e-wallets) and major credit/debit cards, the fees are 100% covered.
For bank wire transfers, commissions are covered in case the amount is above 200 USD.
Benefit from the instant account funding, along with no hidden fees or commissions.