Xm forex no deposit bonus
XM is a highly recommended forex broker suitable for all levels of traders with several perks that include competitive spreads, the $30 no deposit offer, an account to open nano lots, and no fees levied on deposits, and withdrawals, to name a few.
Top forex bonuses
For research, newly-added features include a podcast, technical summaries, trade ideas, and their in-house markets overview and technical analysis research. All these features are in addition to their economic calendar, news, and youtube channel providing weekly analysis.
XM review: great for no deposit bonus offer
Should you trade with XM? Overall, XM is a very suitable broker for all traders offering numerous perks with few drawbacks.
You may have heard of XM and wondered whether they are an excellent broker or not.
XM is a subsidiary of trading point holding, which initially began operations in 2009. The broker is now globally renowned, extending its services to almost all parts of the globe with multiple financial instruments traded by over 3.5 million clients.
In this review, we will look at the XM broker and see what they have to offer.
XM’s main constant fee is their variable spreads (with no commissions) across all currency pairs. XM’s average spread on EUR/USD is 1.7 pips on their standard account and 0.8 pips on their XM ultra low micro account.
Swaps
There are also overnight swap rates based on the applicable rates for each trading day. Muslim customers can obtain an islamic or swap-free account. The decision to offer this account to non-muslim clients lies solely at the broker’s discretion.
Deposit and withdrawal fees
Fortunately, there are no deposit or withdrawal fees for any of the methods as XM claims to cover these except with bank wire deposits and withdrawals less than $200.
Inactivity fees
The other fee that traders should be aware of is the inactivity or dormant fee, although it’s minor. XM deems an account inactive after 90 calendar days where there was no trading, withdrawal, depositing, transfer, or registration activity.
They charge a monthly fee of $5 or the full amount of the remaining balance if less than $5. Clients should note the inactivity fee doesn’t apply if there are no trading funds.
Accounts
Let us now dive into the procedure of opening an account with XM and the account types they offer.
Requirements for opening an account
Traders can open a demo account after a quick website registration. For live accounts, XM adheres to simple KYC (know your customer) standards. They require clients to submit a copy of their original ID (driver’s license, national ID book, or passport) and proof of address (utility bill or bank statement) in their name not older than six months.
Furthermore, their online system asks questions for suitability or compliance purposes. Passing this verification stage allows clients access to all their services, including the main live trading accounts for forex: micro, standard, and XM ultra low accounts.
Main accounts
These accounts come with a maximum leverage of 1:888, one of the highest compared to its competitors. XM’s minimum deposit required is a measly $5 for their micro, standard, and $50 for the XM ultra low.
One of the broker’s unique selling points is the ‘$30 welcome bonus’ offering new clients a $30-funded live account. There aren’t many complicated terms and conditions on this offer other than at least five round-turn trades in 30 calendar days and a minimum of 0.1 lots for total trade volume.
Deposit and withdrawals
Though this will vary depending on the region a client resides in and/or the amount funded, XM allows clients a wide array of world-recognized and accessible payment options for account funding and withdrawals.
These methods are namely all visa, mastercard, maestro and china unionpay credit/debit cards, skrill and neteller, which are all fee-free for both deposits and withdrawals (except for bank wire deposits and withdrawals under $200).
Withdrawal times
All withdrawals requested are verified within 24 hours. The funds would reflect within a day for e-wallets and two to five working days for cards and bank wire.
Withdrawal policy
As standard with most brokers, they don’t allow any third-party deposits or withdrawals due to anti-money laundering policies. Another criterion that a vast majority of brokers adhere to regarding withdrawals is a ‘return to source’ policy.
The last funding method used is given priority for withdrawals up to the sum of the original deposits. Once all withdrawals have reached the sum of the deposits made by the method/s, any subsequent withdrawal would come through via bank wire.
For example, if a client initially funded $50 via neteller, another $50 via skrill, and made $320 profit, $50 would go back to skrill, $50 back to neteller, and any portion of the profit via bank wire.
Platform and analytical research tools
The two primary trading platforms that XM offers are MT4 and MT5, both available in tablet, mobile, desktop (windows and mac), and web forms.
The broker has a broad range of research, educational, and technical tools to help their clientele.
Research tools
For research, newly-added features include a podcast, technical summaries, trade ideas, and their in-house markets overview and technical analysis research. All these features are in addition to their economic calendar, news, and youtube channel providing weekly analysis.
Educational tools
Educationally, clients can expect forex seminars at various parts globally, webinars, platform tutorials, as well as recently-included live and pre-recorded educational videos.
Technical tools
For their technical tools, these include the profit and loss calculator, swaps calculator, margin calculator, pip value calculator, and currency converter. Such tools are beneficial because they allow clients to calculate the necessary metrics using XM’s actual data rather than externally.
For example, not all brokers offer a dedicated swap calculator, meaning clients need to manually calculate the swap fee. This effort requires ensuring they are using the updated swap rates and understand the calculation their broker uses.
Using their internal swap calculator, you access an accurate reflection of their rates in a live setting and do not need manual calculations.
Pros and cons of XM
PROS | CONS |
– regulated by cysec, IFSC, FCA, ASIC, DFSA – offers near zero spread account- 11 years experience – ECN/STP- competitive spreads- leverage up to 1:888 – minimum deposit of $5 – negative balance protection – offers nano lots on XM ultra low – no fees on deposits and withdrawals (except for bank wire deposits under $200) – no commissions – wide range of accounts – wide range of currency pairs – wide range of payment options – wide range of base account denominations (USD, EUR, GBP, ZAR, CHF, -JPY, AUD, RUB, PLN, HUF, SGD – depending on region and account chosen) – wide range of website languages – offers both MT4 and MT5 – offers mobile app – offers $30 no deposit offer for new clients – offers cash rebates – offers 24/5 live chat, phone, and email support | – inactivity fee – doesn’t offer services to residents in the USA, canada, israel, and iran |
XM is a highly recommended forex broker suitable for all levels of traders with several perks that include competitive spreads, the $30 no deposit offer, an account to open nano lots, and no fees levied on deposits, and withdrawals, to name a few.
They only have a few disadvantages, which are barely worth mentioning when compared to the benefits. Clients interested in opening an account with XM shouldn't hesitate based on this review.
Trade forex and cfds on stock indices,
oil and gold.
Up to $5,000 trading bonus
Risk warning: forex and CFD trading is high risk and can result
in the loss of all your invested capital. T&cs apply
- Trade with a regulated broker
- Zero commissions
- Trade on desktop, mobile and tablet
- No hidden fees
Trade on 16 platforms from 1 account
MT4 and MT5, both available for desktop, tablet and mobile devices
Risk warning: forex and CFD trading is high risk and can result
in the loss of all your invested capital. T&cs apply
Why choose XM?
There is a reason why over 3.5 million clients have chosen XM for trading forex and cfds on stocks
stock indices, commodities, metals and energies.
Licensed and regulated
Trading with XM means trading with a licensed and regulated broker.
Up to 888:1 leverage
XM offers its clients up to 888:1 leverage with negative balance protection and no changes in margin overnight or at weekends.
24-hour support
At XM you can enjoy 24/5 support in over 30 languages by live chat, email and phone.
Over 1000 instruments
XM offers trading in over 1000 instruments ranging from forex and cfds on stock indices, oil and gold.
© 2021 XM is a trading name of trading point holdings ltd. All rights reserved. | privacy policy | cookie policy | terms and conditions
Legal: this website is operated by trading point of financial instruments limited with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.
Trading point holdings ltd is the holding company of trading point of financial instruments limited, XM global limited, trading point of financial instruments UK limited, trading point of financial instruments pty ltd, trading point MENA limited.
Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (licence number: 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (000261/106).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).
Risk warning: forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.
Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.
XM live chat
By clicking the "enter" button, you agree for your personal data provided via live chat to be processed by trading point of financial instruments limited, as per the company's privacy policy, which serves the purpose of you receiving assistance from our customer support department.
If you do not give your consent to the above, you may alternatively contact us via the members area or at support@xm.Com.
All incoming and outgoing telephone conversations, as well as other electronic communications (including chat messages or emails) between you and us will be recorded and stored for quality monitoring, training and regulatory purposes.
Please enter your contact information. If you already have an XM account, please state your account ID so that our support team can provide you with the best service possible.
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This website uses cookies
By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
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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 review: great for no deposit bonus offer
Should you trade with XM? Overall, XM is a very suitable broker for all traders offering numerous perks with few drawbacks.
You may have heard of XM and wondered whether they are an excellent broker or not.
XM is a subsidiary of trading point holding, which initially began operations in 2009. The broker is now globally renowned, extending its services to almost all parts of the globe with multiple financial instruments traded by over 3.5 million clients.
In this review, we will look at the XM broker and see what they have to offer.
XM’s main constant fee is their variable spreads (with no commissions) across all currency pairs. XM’s average spread on EUR/USD is 1.7 pips on their standard account and 0.8 pips on their XM ultra low micro account.
Swaps
There are also overnight swap rates based on the applicable rates for each trading day. Muslim customers can obtain an islamic or swap-free account. The decision to offer this account to non-muslim clients lies solely at the broker’s discretion.
Deposit and withdrawal fees
Fortunately, there are no deposit or withdrawal fees for any of the methods as XM claims to cover these except with bank wire deposits and withdrawals less than $200.
Inactivity fees
The other fee that traders should be aware of is the inactivity or dormant fee, although it’s minor. XM deems an account inactive after 90 calendar days where there was no trading, withdrawal, depositing, transfer, or registration activity.
They charge a monthly fee of $5 or the full amount of the remaining balance if less than $5. Clients should note the inactivity fee doesn’t apply if there are no trading funds.
Accounts
Let us now dive into the procedure of opening an account with XM and the account types they offer.
Requirements for opening an account
Traders can open a demo account after a quick website registration. For live accounts, XM adheres to simple KYC (know your customer) standards. They require clients to submit a copy of their original ID (driver’s license, national ID book, or passport) and proof of address (utility bill or bank statement) in their name not older than six months.
Furthermore, their online system asks questions for suitability or compliance purposes. Passing this verification stage allows clients access to all their services, including the main live trading accounts for forex: micro, standard, and XM ultra low accounts.
Main accounts
These accounts come with a maximum leverage of 1:888, one of the highest compared to its competitors. XM’s minimum deposit required is a measly $5 for their micro, standard, and $50 for the XM ultra low.
One of the broker’s unique selling points is the ‘$30 welcome bonus’ offering new clients a $30-funded live account. There aren’t many complicated terms and conditions on this offer other than at least five round-turn trades in 30 calendar days and a minimum of 0.1 lots for total trade volume.
Deposit and withdrawals
Though this will vary depending on the region a client resides in and/or the amount funded, XM allows clients a wide array of world-recognized and accessible payment options for account funding and withdrawals.
These methods are namely all visa, mastercard, maestro and china unionpay credit/debit cards, skrill and neteller, which are all fee-free for both deposits and withdrawals (except for bank wire deposits and withdrawals under $200).
Withdrawal times
All withdrawals requested are verified within 24 hours. The funds would reflect within a day for e-wallets and two to five working days for cards and bank wire.
Withdrawal policy
As standard with most brokers, they don’t allow any third-party deposits or withdrawals due to anti-money laundering policies. Another criterion that a vast majority of brokers adhere to regarding withdrawals is a ‘return to source’ policy.
The last funding method used is given priority for withdrawals up to the sum of the original deposits. Once all withdrawals have reached the sum of the deposits made by the method/s, any subsequent withdrawal would come through via bank wire.
For example, if a client initially funded $50 via neteller, another $50 via skrill, and made $320 profit, $50 would go back to skrill, $50 back to neteller, and any portion of the profit via bank wire.
Platform and analytical research tools
The two primary trading platforms that XM offers are MT4 and MT5, both available in tablet, mobile, desktop (windows and mac), and web forms.
The broker has a broad range of research, educational, and technical tools to help their clientele.
Research tools
For research, newly-added features include a podcast, technical summaries, trade ideas, and their in-house markets overview and technical analysis research. All these features are in addition to their economic calendar, news, and youtube channel providing weekly analysis.
Educational tools
Educationally, clients can expect forex seminars at various parts globally, webinars, platform tutorials, as well as recently-included live and pre-recorded educational videos.
Technical tools
For their technical tools, these include the profit and loss calculator, swaps calculator, margin calculator, pip value calculator, and currency converter. Such tools are beneficial because they allow clients to calculate the necessary metrics using XM’s actual data rather than externally.
For example, not all brokers offer a dedicated swap calculator, meaning clients need to manually calculate the swap fee. This effort requires ensuring they are using the updated swap rates and understand the calculation their broker uses.
Using their internal swap calculator, you access an accurate reflection of their rates in a live setting and do not need manual calculations.
Pros and cons of XM
PROS | CONS |
– regulated by cysec, IFSC, FCA, ASIC, DFSA – offers near zero spread account- 11 years experience – ECN/STP- competitive spreads- leverage up to 1:888 – minimum deposit of $5 – negative balance protection – offers nano lots on XM ultra low – no fees on deposits and withdrawals (except for bank wire deposits under $200) – no commissions – wide range of accounts – wide range of currency pairs – wide range of payment options – wide range of base account denominations (USD, EUR, GBP, ZAR, CHF, -JPY, AUD, RUB, PLN, HUF, SGD – depending on region and account chosen) – wide range of website languages – offers both MT4 and MT5 – offers mobile app – offers $30 no deposit offer for new clients – offers cash rebates – offers 24/5 live chat, phone, and email support | – inactivity fee – doesn’t offer services to residents in the USA, canada, israel, and iran |
XM is a highly recommended forex broker suitable for all levels of traders with several perks that include competitive spreads, the $30 no deposit offer, an account to open nano lots, and no fees levied on deposits, and withdrawals, to name a few.
They only have a few disadvantages, which are barely worth mentioning when compared to the benefits. Clients interested in opening an account with XM shouldn't hesitate based on this review.
XM no deposit
Want to check what XM forex broker offers before making real money deposit with it? XM free bonus 30 USD is perfect tool for testing broker’s possibilities with no deposit! Should you try it? It is unclear, since there are better deals in the market. Here are few main advantages of XM no deposit bonus:
This bonus will not even require any documents from you! So read XM free bonus 30 USD review or get cash now!
Why would you want free XM bonus 30 USD? From the point of view of the professional traders it is always better to check all trading possibilities e.G. Commissions and execution time, before you give your money to this broker. This is why, getting XM no deposit bonus before you start trading with it, is awesome idea. Who knows, maybe your free trading would be so advanced that you make enough profits, to stay without any deposits. But we have to mention that XM forex broker is questionable and we would not advise you to deposit any money with it afterwards.
Getting this free forex cash is not difficult, and best bonus forex recons that it is actually more simple than making real 30 USD on your job or somewhere else. You should just register via link that is provided below and give your real cellphone number to XM forex broker. They will verify it via SMS and that would be actually it. Free money are supposed to come to you right away, if broker does not decides to cancel your bonus.
Lucky enough to get your bonus and are ready to take profits from the XM, hoping that it will not reject your request? In order to do so, you will have to fulfill few conditions.
First of all, trading volume that you have made should be at least 0.5 lots. This is not actually difficult, especially with 1:888 leverage. But remember, any trade below 0.01 lot will not be counted.
Secondly, there is a limit on your first withdrawal with XM no deposit bonus. You have to cash out at least 60 USD. Which is basically doubling up your starting money, shouldn’t be a problem, huh?
As a nice addition that should make your cash out even easier, there is no specified expiration date of your free XM cash. So, even if you trade really slowly, at some point you will be able to get required amount and get your forex profits if XM forex broker allows you to.
But be aware, that XM no deposit bonus conditions allow it to reject your withdrawal without any reason.
XM free bonus 30 USD is provided by forex broker with questionable conditions and reputation. We do not recommend you to take it.
Every deal has positive and negative sides. So what are pros and cons of the XM free bonus 30 USD? Read them below.
Bright side of the bonus
- Web trader and MT4 platforms
- No expiration date
- Small required trading volume
- Questionable broker
- Better conditions of other deals
- Not available for mobile trading
Getting XM no deposit bonus is really easy. You can click on any of the buttons above, or use links in this guide in order to start your free forex trading now!
Step 1
So, if you are at the website of XM forex broker, just click green button and start registration process.
Alternatively, you can click over here and you will end up right at the beginning of the registration process.
Step 2
The button will take you to the real account registration form, which looks like this.
Do not be afraid, you will not have to deposit any money, XM free bonus 30 USD will be there for you. Provide your real data together with your phone number, since it will be verified. Then press “proceed to step 2” button.
Step 3
Choose your account type, amount of the investments and preferred leverage. Caution, you will have to give information about your investment experience and business that you are involved to. This is a standard set of questions, so do not be afraid!
Step 4
Boom! You have created an account at XM forex broker! All what is left for you to do – find data for your login details in your inbox and login into members area. Free XM cash is hopefully there!
Step 5
After you will get into members area, you will have to type in verification code that has been send as an SMS to your phone. Keep it up, you are almost there.
Final step
So, this is it! Now you should get your free forex cash from XM! They do ask for 24 hours waiting time, but in reality it takes around 30 minutes to see money on your account balance. Do not be surprised, if you do not see them as a deposit money on your account, they are in another field of your balance sheet. They will be transferred to the deposit money when you clear them up, so in 0.5 lots of trading volume. Also, do remember that if broker decides, it can easily exclude you from promotion.
We have tested this promotion several times. As a matter of fact, we did receive promotional offers from the broker via SMS and calls. Honestly speaking, right after finishing registration process, author’s cellphone called and it was his new account manager from the XM. More to that, account manager always sends you promotional deals to your email, so be prepared to find plenty of them.
This bonus seems like a fair deal for starters or free cash seekers. Conditions of XM free bonus 30 USD are pretty loyal and there is no hurry in terms of bonus clearance involved. Furthermore, you will be able to use your XM no deposit bonus on metatrader 4 for windows as well as mac OS X, or to make your trades in web browser without any downloads needed. But do remember that this broker is questionable and it has been caught on some questionable rejects and annoying calls to clients. You can claim your bonus here.
XM 30 USD no deposit bonus – claim here
Platform
Min. Volume
Action
XM no deposit bonus is a great opportunity for the beginners or the traders that have not had any trading experience with the company. The broker has proved its excellence many times during its 10 years presence on the forex trading market and is widely known as a reliable broker around the globe. Currently, XM is offering a no deposit bonus to its new clients all around the world. Customers who are willing to start trading with XM can get $30 trading bonus after creating the real trading account with them. The bonus is available for anyone, but people who want to claim it should meet certain criteria. In this XM no deposit bonus review we will explain how can you get your no deposit bonus 30 USD and what are the terms and conditions of using it.
Who can get XM $30 no deposit bonus?
XM no deposit bonus is offered to all the new clients of the XM broker who wants to experience the trading process with XM on their platform to ensure themselves that the broker and the platform is the right choice. Although the newly register customer must be eligible and meet all the criteria to receive their bonus. Generally, the only restrictions are to the people who are under 18 years old or are otherwise under legal age in their countries of residence. The customers who fall under the category of “minors” do not have the right to trade and therefore cannot receive the money.
The customer should not have any history containing the events of violations of the broker regulations. In addition to that, if XM suspects that the user is violating or has an attempt to abuse the promotion or the fair rules of the trading bonus, XM broker reserves the right to deny, withhold or withdraw the trading bonus, or any other offered promotions for the user. Each and every customer can only get the trading bonus once. According to XM no deposit bonus terms and conditions the bonus is attached to the uniques IP address, therefore the user can hold only one trading bonus. Once the new customer creates the real trading account he or she has a 30-day limit to claim the free 30 USD, after that the promotion is no longer valid for this user.
How to get XM no deposit bonus
The process of getting XM global $30 bonus is very easy and takes several steps only. Once you go the XM website promotional section you will see that all the needed information and instructions are displayed in a way that even a beginner trader can understand it without any complication. Moreover, the website has a user-friendly design which makes it even easier to navigate there.
On the sections of promotions, you will see several offering that is currently active for the new users or current customers of the brokers.
To get your bonus you need to choose the trading bonus. Click here to claim your bonus, you will be landed to the 30 USD free bonus section directly.
*clients registered under the EU regulated entity of the group are not eligible for the bonus
Once you are on the page, you are one click away from getting your XM welcoming bonus.
In order to get it, you need to have the real trading account where you will be using 30 USD. Therefore the button for claiming your bonus will direct you to the registration of the real account. Creating the real account with XM consists from two steps and takes 2 minutes only. Let us go through the process of the registration process.
- To create the real account and get you free XM 30 USD bonus you need to fill the first part of the registration application. You need to fill your personal information. XM requires for the first and last name you enter in the registration form to be as it is written in your identity document. You should also indicate your country of residence, phone number (you will need a phone number later for the SMS verification) and an E-mail address, where you will get your ID for accessing the trading account. Also, you need to choose a preferred language for yourself. XM offers a wide range of 25 languages to choose including english, spanish, german, italian, french, russian, chinese and more.
- After filling up your personal information the registration form asks you to choose a trading platform type, currently available platforms with XM broker is metatrader 5 and metatrader 4. If you do not know how to choose between them, do not get confused. Here are the differences between these two platforms. Generally, you can access your trading account on MT4 and MT5 with pretty much all devices such as PC, MAC, IOS and android. However, metatrader 5 additionally includes XM webtrader, meaning that you will not have to install any software, as you can have access to the trading platform online. The second difference between the platforms is that metatrader 5 offers its users to trade in stocks, stocks indices, and precious metals, while metatrader 4 is predominately a forex trading platform. To sum up, metatrader 5 is an upgraded version of the MT4 and has two main features added – XM webtrader and trading possibilities for stock indices and precious metals. It is completely up to you which platform you will go with, both of them is highly recommended by the traders all around the world and you can get your XM no deposit bonus does not matter which platform you choose.
- Once you have made up your mind on which platform you will start trading you should choose the account type you want to start with. In the registration form, you are given 5 options that are currently available for XM customers. These accounts are micro, standard, XM zero, XM ultra low micro, and XM ultra-low standard. We will not give in the depth of differences between the accounts here, you can check the XM website account section where all related information is displayed.
One step away from getting XM free bonus
- Once you submit the first part of the questionnaire, the second part of the registration will be. At this point, you are one step away from getting your XM free $30. The next part of the questionnaire is designed in a way to finalize your trading account details and for XM to simply determine the purpose of the client. This part of the registration is pretty small as well. You will be asked if you are a US citizen or not, this question is solely for tax purposes.
- Next, you need to fill up your trading account details such as – account base currency, account bonus, and leverage. The last part of the registration is to provide information about your investment amount in USD currency, your employment status and intended purpose and nature of transactions.
After the questionnaire is completed the website will ask you to set a password on your account.
XM bonus transaction confirmation
Congratulations, you now have completed the registration process and are about to get your 30 USD. After submitting the registration form you will receive an email asking for confirmation on receiving the XM bonus 30 USD. An email will be sent on an address you have indicated while registering. Alongside with it, you will receive an ID for your trading account. You need to use this account number and the password you have indicated while registering to enter the members area.
Getting XM no deposit bonus on your account
After all the steps explained above are successfully completed you need to activate the bonus to get it on your trading account. You should successfully complete the verification procedure with SMS and/or voice verification. In a result, you will receive free 30 USD for trading on your account. The transaction might take up to 24 hours, but usually, the money appears on the user’s account in less than one hour. The XM forex no deposit bonus is solely for trading purposes, meaning that you cannot withdraw the initial $30, you can only withdraw the profit you will make from the trading. As we got to the point of withdrawal lets see what are the withdrawal restrictions and instructions.
XM bonus withdrawal
As mentioned above you are not able to withdraw the initial bonus money. Although you are free to withdraw the money which you will make from your successful trading. As per as XM withdrawal procedure any withdrawal of funds will result in the proportional removal of the initial trading bonus. You can see how it works on the picture below.
Why XM 30 USD no deposit bonus
Why should you go with XM forex free trading bonus? XM has a reputation that is beyond any suspicion. The company is cyprus based and is fully regulated by the cyprus regulator cysec. The company has 10+ years experience and throughout his presentation of the market, they have strongly established their name as a frontier of the trading industry. The broker has many advantages for the experienced brokers and the beginners. The main advantage, especially for the newcomers in the industry is a highly innovative platform and an interface that helps you navigate and easily understand the system. Besides that FX broker offers 24/5 professional customer support in 25 languages. This can be especially helpful for the new traders. This is why we advise starting with the XM 30$ bonus, as the advantages that the broker is offering to its customers can be a great start of a successful trading career.
*30 USD non-deposit bonus is not available to EU clients registered under the EU regulated entity of the group.
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.
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.
So, let's see, what we have: should you trade with XM? Overall, XM is a very suitable broker for all traders offering numerous perks with few drawbacks. At xm forex no deposit bonus
Contents of the article
- Top forex bonuses
- XM review: great for no deposit bonus offer
- Swaps
- Deposit and withdrawal fees
- Inactivity fees
- Accounts
- Deposit and withdrawals
- Platform and analytical research tools
- Pros and cons of XM
- Trade forex and cfds on stock indices, oil...
- Up to $5,000 trading bonus
- Trade on 16 platforms from 1 account
- Why choose XM?
- XM deposit bonus: policies and limitations
- XM deposit bonus description
- Another XM bonus program
- XM broker account types
- Advantages
- XM no deposit 30 USD bonus – read an honest review
- XM free 30 USD no deposit bonus description
- XM free trial available platforms
- XM 30$ bonus terms and conditions
- How to get XM $30 no deposit bonus?
- Steps for getting the no deposit XM bonus:
- XM review: great for no deposit bonus offer
- Swaps
- Deposit and withdrawal fees
- Inactivity fees
- Accounts
- Deposit and withdrawals
- Platform and analytical research tools
- Pros and cons of XM
- XM no deposit
- XM 30 USD no deposit bonus – claim here
- Who can get XM $30 no deposit bonus?
- How to get XM no deposit bonus
- Getting XM no deposit bonus on your account
- XM bonus withdrawal
- Why XM 30 USD no 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
- 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
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