Xm bonus rules
Risk warning: forex and CFD trading is high risk and can result
in the loss of all your invested capital.
Today forex bonuses
T&cs apply risk warning: forex and CFD trading involves a significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.
Trade forex and cfds on stock indices,
oil and gold.
Claim your 100%
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.
Legal: this website is operated by XM global limited with registered address at no. 5 cork street, belize city, belize, CA.
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, and trading point MENA limited.
Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (cysec) (licence number 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (license number 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 a significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.
Restricted regions: XM global limited does not provide services for the residents of certain countries, such as the united states of america, canada, israel and the islamic republic of iran.
XM live chat
By clicking the "enter" button, you agree for your personal data provided via live chat to be processed by XM global 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.
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.
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.
For more information please read our cookie policy.
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.
Read more, or change your cookie settings.
Your cookie settings
What are cookies?
Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.
Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.
We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.
Why are cookies useful?
We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.
Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.
In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.
Here is an overview of some of the functions our cookies provide us with:
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This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.
Xm bonus rules
An impressive organisation putting their money into some big brand exposure activity, sponsoring the worlds fastest man, usain bolt. A lot of bonuses and competitions to take part in, making XM one of the highest recommended brokers on our list. Very friendly for new traders with an extensive education / learning section.
Sleek, modern appeal for the “new age” trader
I stumbled across XM forex trading by way of a banner advertising a million dollar forex trading competition. After visiting the website, I was impressed by the very modern feel, they look very much like a forex broker targeting the younger generation.
On their website they also proudly display their sponsorship of usain bolt which couldn’t have been cheap. I always take notice of companies that engage global superstars as brand ambassadors because the truth is, these types of relationships are very much controlled and dictated by the celebrity. A personality like usain bolt has a huge reputation to uphold, countless sponsorship offers and is a mega brand in itself so they would have taken great care in only selecting reputatble businesses to promote. Therefore, XM receives a big boost of credibility in my books.
Opening my account
Very straight forward. Enter details, confirm an e-mail, login and I was requested to upload ID documents through their website. All went smoothly. Within 24 hours, I had a call from my account manager who introduced herself and let me know that I can get in touch with her at any time for assistance. Within another 24 hours, my documents were all verified and I was ready to go.
The million dollar competition
In truth, I signed up so that I could take part in the million dollar trading challenge. Of course I must open an account at many brokers so that I can report here for this website.
The competition details can be found at www.Xm.Com/forex-world-championship/overview but in short, there are 10 rounds of play, each round lasting a calendar month. You start with $10,000 virtual currency and try to make it into the top 5. There are cash prizes for finishing in the top placings each month and the top 5 places gain entry into the semi finals. The winner of the grand final wins a cool $150,000. Not bad for a free game based on skill as well.
Newbie friendly
XM have done everything so well to attract what I would call “new age” traders (people in their 20’s, disposable income, looking for a challenging investment) and ensure that the biggest hurdle for any new trader, education, is covered from top to bottom. The market is tough to grasp so a lot of people need some guidance in understanding all those terms, the charts, the patterns, etc. Sure you can have random fun with a $100,000 demo account but at the end of the day, discplined trading follows a strategy and without anything to learn from, it makes it difficult to want to jump in to real money trading.
Traders of any level should feel extremely comfortable working through the extensive education section at XM.
Key benefits of trading with XM
- Real-time market execution with no re-quotes and no rejection of orders
- 16 MT4- and MT5-based platforms for seamless trading operations
- The same fair trading conditions for every client
- Personal account managers in over 30 languages
- Free trading signals in over 25 languages
- Free live webinars in over 16 languages
- Daily technical analysis and market reviews in multiple languages
- Regular on-site seminars in various countries in the world
All XM bonuses and promotions are subject to terms and conditions, including different bonus amounts and limited availability in some countries. Please check the eligibility rules on the website for more information.
Deposit | bonus amount | bonus code |
---|---|---|
$0 | $30 | none required |
up to $1000 | up to $500 | none required |
up to $23,500 | up to $5000 | none required |
$30* no deposit bonus
Open a new account with XM and receive $30 or the equivalent in your chosen currency without making a deposit. The money is automatically credited to your account. The bonus can’t be withdrawn but any profits you make can be withdrawn. An excellent way to get started trading real money without having to put up your own. Highly recommended.
Up to $5,000* in deposit bonuses
You can receive up to $5,000 (or your currency equivalent) in additional bonus funds through a 2 tier deposit bonus system. You will receive a 50% bonus on your deposit up to a maximum of $500, then 20% on any amount over to make up to another $4,500 in bonuses. In other words, if you deposited $5,000 you would receive:
- 50% bonus on your first $1,000 which would give you $500 bonus funds and reach the limit of the first tier
- 20% bonus on your remaining $4,000 which would give you $800 bonus funds
- Your total account balance therefore would be $6,300 (your $5,000 deposit + $500 bonus + $800 bonus)
So this means to receive the maximum $5,000 bonus you would need to deposit $23,500 which is broken down as follows:
- The first $1,000 gives you a 50% bonus which is $500
- The remaining $22,500 gives you a 20% bonus which is $4,500
- Together, the bonus amount is $5,000 on your deposit of $23,500
Our opinion is that this is the best value bonus available right now from the reputable brokers.
Loyalty reward points
You can earn loyalty points through every trade and convert them to bonus funds. Points can be earned from even the smallest micro lot transactions so this is a great way to build up additional credit as you trade.
This ensures that as a client of XM you are consistently rewarded for trading, regardless of whether you are winning or not.
XM regulation & licenses
Where is XM regulated?
XM is authorised and regulated in 3 countries: australia (ASIC), cyprus (cysec) and the united kingdon (FCA).
You can view the licenses: ASIC, FCA, cysec
With australia and the UK both having very strong reputations as stable, first world countries, you can be assured that your dealings with XM are safe and secure.
Furthermore, XM is registered in 10 european countries including germany, spain, italy and france.
Our opinion is that XM is undoubtedly one of the leading forex brokers in the global market.
Minimum & maximum deposits / withdrawals
XM deposits summary table
deposit method | minimum | maximum | fees |
---|---|---|---|
credit card, neteller, skrill | 5 USD | varies by method | XM |
bank wire | 200 USD | varies by bank | sender pays bank wire fee |
XM minimum deposit
The minimum deposit at XM is 5 USD or the equivalent in any other currency when depositing via credit card or electronic payment (neteller or skrill). All fees are covered by XM. If you are depositing by bank wire, the minimum is 200 USD or the equivalent in any other currency. Fees in this case are only covered on the receiver’s side. You will have to pay whatever your bank charges you for a wire transfer.
XM maximum deposit
The maximum deposit at XM will generally be limited by your deposit source. Bank transfers are the best option if you wish to deposit a large sum of money for your trading account.
Please note that deposits can only be made from account in the same name as your trading account.
Paypal does not appear to be an option for depositing at XM.
XM withdrawals summary table
withdrawal method | minimum | maximum | fees |
---|---|---|---|
credit card, neteller, skrill | 5 USD | varies by method | XM |
bank wire | 200 USD | varies by bank | XM pays bank wire fee |
XM withdrawals
The minimum withdrawal methods and amounts are exactly the same as deposits. Once again, XM cover fees and do not charge any fees for withdrawals. This is why we believe that XM are one of the best forex brokers.
XM bad reviews
Is XM a scam?
Our verdict is NO. We found that XM representitives were very prompt in replying to all claims made through popular online forex forums. The result of most cases involved customer fraud – people opening multiple accounts, claiming multiple bonuses or not understanding the terms and conditions of trading. We also saw some cases where XM appeared to be at fault, but they were all resolved properly by XM.
We are satisfied that XM handles complaints efficiently. There are no obligations for any forex broker to participate in 3rd party forums but XM make an effort to be available and that’s a very big positive.
What is trust score?
This is a rating out of 100 which we calculate for each broker based on a combination of factors, all of which you will find below on the scorecard.
Every broker starts with a base score of 100 and we subtract points according to what criteria they match in each category.
Whilst trust score provides a good insight into the broker’s reputation, our overall rankings are based off our own thorough reviews plus the user reviews. Therefore, brokers with a high trust score aren’t always guaranteed to be ranked at the top.
XM scorecard – 99 / 100
Major sponsorships: the fastest man on the planet, usain bolt is sponsored by XM. This provides a large credibility boost for this broker as usain bolt would only be associating himself with brands that can further enhance his reputation.
XM no deposit 30 USD bonus – read an honest review
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.
$30 NO DEPOSIT BONUS OFFER – XM group
Receive XM NO deposit bonus of $30 USD. Start live trading with $30 FOREX NO DEPOSIT BONUS OFFER from one of the best forex brokers in the market. Enjoy live forex trading without any deposit as well as risk. Find an opportunity to begin your forex trading career with an exclusive $30 sign up bonus. Register and validate a trading account to receive the $30 non-deposit bonus and test the products and services offered by XM group by starting to trade with no initial deposit. Receive an initial trading capital through the procedure below and start your live trading journey. We suggest you find some time to look at the terms and conditions before applying for this XM non-deposit bonus.
Clients registered under trading point of financial instruments and trading point of financial instruments UK ltdare not eligible for the bonus. Please note that this offer might not available for the traders of some regions or countries .
XM NO DEPOSIT BONUS REVIEW
Ending date: there is no initial deadline
Offer is applicable: new trader
How to apply:
- Open a new live account
- Verify mobile no. From the client’s area
- Get $30 non-deposit trading bonus
Bonus cash out:
- Any profits generated from the trading of the non-deposit bonus are available for withdrawal.
- Any withdrawal of funds will cause the proportional removal of the trading bonus.
Terms & conditions – XM NO DEPOSIT BONUS TERMS
The bonus might not be applicable to the traders of some countries.
We strongly suggest you to ask their live support if it is available to your country/region before you apply for this XM NO deposit bonus.
XM holds the right to offer NO deposit bonus only to the clients from appropriate countries and region.
A client has to be 18 years otherwise under the legal age in their country of residence, in order to apply for this bonus
IF IP address matches between to participant of the bonus account then the latest participant may disqualify from the bonus program
This promotion may not be combined with some promotions released from time to time.
To receive the bonus, each eligible client needs to verify his/her phone no. Through the dedicated area of the client’s profile
Bonus can’t be applied to existing clients
Each eligible client is permitted to hold only ONE “no deposit bonus” account per ONE unique IP. More than one registration using the same IP is strictly prohibited; even multiple accounts using the same details is not allowed.
A client may use expert advisors or other automated trading tools, but any signals, scalping, arbitrage techniques, and news trading is not allowed. Also, proxies trading is prohibited.
All trading- instruments found in the trading terminal can be used for trading.
All orders placed at the non-market rate will be canceled.
It may take up to 24 business hours for an eligible client before any bonus credited to account.
XM holds the right, at its sole discretion, amend or terminate the NO deposit bonus any time. Or to decline or disqualify any client from the bonus program.
A client can cancel the bonus at any time by sending a request at [email protected]
NO affiliate commission is paid for trading with non-deposit bonus fund
In addition, get daily forex-signals free after passing the verification.
XM DEPOSIT BONUS. LEARN ITS SECRETS NOW!
Are you confused to choose a good broker because there are too many brokers in the forex trading market? XM is highly recommended thanks to its superior trading conditions and customer services. I am writing this article to give you some knowledge on XM greatest bonus, which is the XM deposit bonus. Check our full XM reviews.
What is XM deposit bonus?
XM deposit bonus is available for all XM clients with a micro or standard account (learn more about XM accounts). They offer 100% bonus on every initial and recurring deposit during the promotional period. This XM 100% deposit bonus is made for both our existing and new clients to help them equally benefit from the advantages it offers. The existing real account holders are instantly eligible for the bonus on each deposit they make, while new clients can claim the bonus once they register a real account of their preference and deposit funds in it, starting from as little as $5, and with the deposit charges covered by XM.
Every client is eligible to receive a maximum daily bonus amount of $1000 on all their deposits made during the promotional period. Bonuses are instantly credited into clients’ trading accounts, and thus immediately available for trading.
How to receive XM deposit bonus?
- Sign up with XM.Com
- Open a micro or standard account
- Make a deposit and receive the bonus instantly.
Withdrawal conditions
You cannot withdraw the bonus amount itself, but you can withdraw your profits and your own funds at anytime you want. There will be no additional requirements/conditions to withdraw your funds or profits, by joining this promotion.
Terms and conditions of XM deposit bonus
We have summarized some of the important rules of the promotion below:
- The promotion is available only once per client, household and IP address.
- None of the bonus amount through this promotion, can be withdrawn.
- There is no restrictions of withdrawing your own funds and profits, and you can perform withdrawals of your funds at anytime you want.
- In case you withdraw a part of (or full) your funds, the whole bonus amount will be nullified.
- In case you transfer a part (or full) your funds to another account, the bonus will be also transferred to the receiving account according to the % of the funds transferred.
- XM allows all kinds of trading activities on their platforms through the promotion, except arbitrage.
- The promotion is available along with other promotions including no deposit bonus and loyalty point program.
Open an account at XM and get this forex bonus now.
Mario draghi
Hey, I’m mario draghi. I’m a writer currently resided in thailand. For my forex experience, I have been working with brokers and trading for 5 years. Hope that you'll enjoy my articles about all forex-related matters.
South asian airlines are about to launch blockhain payment
South asian airlines are about to launch blockhain payment
Xm bonus rules
An impressive organisation putting their money into some big brand exposure activity, sponsoring the worlds fastest man, usain bolt. A lot of bonuses and competitions to take part in, making XM one of the highest recommended brokers on our list. Very friendly for new traders with an extensive education / learning section.
Sleek, modern appeal for the “new age” trader
I stumbled across XM forex trading by way of a banner advertising a million dollar forex trading competition. After visiting the website, I was impressed by the very modern feel, they look very much like a forex broker targeting the younger generation.
On their website they also proudly display their sponsorship of usain bolt which couldn’t have been cheap. I always take notice of companies that engage global superstars as brand ambassadors because the truth is, these types of relationships are very much controlled and dictated by the celebrity. A personality like usain bolt has a huge reputation to uphold, countless sponsorship offers and is a mega brand in itself so they would have taken great care in only selecting reputatble businesses to promote. Therefore, XM receives a big boost of credibility in my books.
Opening my account
Very straight forward. Enter details, confirm an e-mail, login and I was requested to upload ID documents through their website. All went smoothly. Within 24 hours, I had a call from my account manager who introduced herself and let me know that I can get in touch with her at any time for assistance. Within another 24 hours, my documents were all verified and I was ready to go.
The million dollar competition
In truth, I signed up so that I could take part in the million dollar trading challenge. Of course I must open an account at many brokers so that I can report here for this website.
The competition details can be found at www.Xm.Com/forex-world-championship/overview but in short, there are 10 rounds of play, each round lasting a calendar month. You start with $10,000 virtual currency and try to make it into the top 5. There are cash prizes for finishing in the top placings each month and the top 5 places gain entry into the semi finals. The winner of the grand final wins a cool $150,000. Not bad for a free game based on skill as well.
Newbie friendly
XM have done everything so well to attract what I would call “new age” traders (people in their 20’s, disposable income, looking for a challenging investment) and ensure that the biggest hurdle for any new trader, education, is covered from top to bottom. The market is tough to grasp so a lot of people need some guidance in understanding all those terms, the charts, the patterns, etc. Sure you can have random fun with a $100,000 demo account but at the end of the day, discplined trading follows a strategy and without anything to learn from, it makes it difficult to want to jump in to real money trading.
Traders of any level should feel extremely comfortable working through the extensive education section at XM.
Key benefits of trading with XM
- Real-time market execution with no re-quotes and no rejection of orders
- 16 MT4- and MT5-based platforms for seamless trading operations
- The same fair trading conditions for every client
- Personal account managers in over 30 languages
- Free trading signals in over 25 languages
- Free live webinars in over 16 languages
- Daily technical analysis and market reviews in multiple languages
- Regular on-site seminars in various countries in the world
All XM bonuses and promotions are subject to terms and conditions, including different bonus amounts and limited availability in some countries. Please check the eligibility rules on the website for more information.
Deposit | bonus amount | bonus code |
---|---|---|
$0 | $30 | none required |
up to $1000 | up to $500 | none required |
up to $23,500 | up to $5000 | none required |
$30* no deposit bonus
Open a new account with XM and receive $30 or the equivalent in your chosen currency without making a deposit. The money is automatically credited to your account. The bonus can’t be withdrawn but any profits you make can be withdrawn. An excellent way to get started trading real money without having to put up your own. Highly recommended.
Up to $5,000* in deposit bonuses
You can receive up to $5,000 (or your currency equivalent) in additional bonus funds through a 2 tier deposit bonus system. You will receive a 50% bonus on your deposit up to a maximum of $500, then 20% on any amount over to make up to another $4,500 in bonuses. In other words, if you deposited $5,000 you would receive:
- 50% bonus on your first $1,000 which would give you $500 bonus funds and reach the limit of the first tier
- 20% bonus on your remaining $4,000 which would give you $800 bonus funds
- Your total account balance therefore would be $6,300 (your $5,000 deposit + $500 bonus + $800 bonus)
So this means to receive the maximum $5,000 bonus you would need to deposit $23,500 which is broken down as follows:
- The first $1,000 gives you a 50% bonus which is $500
- The remaining $22,500 gives you a 20% bonus which is $4,500
- Together, the bonus amount is $5,000 on your deposit of $23,500
Our opinion is that this is the best value bonus available right now from the reputable brokers.
Loyalty reward points
You can earn loyalty points through every trade and convert them to bonus funds. Points can be earned from even the smallest micro lot transactions so this is a great way to build up additional credit as you trade.
This ensures that as a client of XM you are consistently rewarded for trading, regardless of whether you are winning or not.
XM regulation & licenses
Where is XM regulated?
XM is authorised and regulated in 3 countries: australia (ASIC), cyprus (cysec) and the united kingdon (FCA).
You can view the licenses: ASIC, FCA, cysec
With australia and the UK both having very strong reputations as stable, first world countries, you can be assured that your dealings with XM are safe and secure.
Furthermore, XM is registered in 10 european countries including germany, spain, italy and france.
Our opinion is that XM is undoubtedly one of the leading forex brokers in the global market.
Minimum & maximum deposits / withdrawals
XM deposits summary table
deposit method | minimum | maximum | fees |
---|---|---|---|
credit card, neteller, skrill | 5 USD | varies by method | XM |
bank wire | 200 USD | varies by bank | sender pays bank wire fee |
XM minimum deposit
The minimum deposit at XM is 5 USD or the equivalent in any other currency when depositing via credit card or electronic payment (neteller or skrill). All fees are covered by XM. If you are depositing by bank wire, the minimum is 200 USD or the equivalent in any other currency. Fees in this case are only covered on the receiver’s side. You will have to pay whatever your bank charges you for a wire transfer.
XM maximum deposit
The maximum deposit at XM will generally be limited by your deposit source. Bank transfers are the best option if you wish to deposit a large sum of money for your trading account.
Please note that deposits can only be made from account in the same name as your trading account.
Paypal does not appear to be an option for depositing at XM.
XM withdrawals summary table
withdrawal method | minimum | maximum | fees |
---|---|---|---|
credit card, neteller, skrill | 5 USD | varies by method | XM |
bank wire | 200 USD | varies by bank | XM pays bank wire fee |
XM withdrawals
The minimum withdrawal methods and amounts are exactly the same as deposits. Once again, XM cover fees and do not charge any fees for withdrawals. This is why we believe that XM are one of the best forex brokers.
XM bad reviews
Is XM a scam?
Our verdict is NO. We found that XM representitives were very prompt in replying to all claims made through popular online forex forums. The result of most cases involved customer fraud – people opening multiple accounts, claiming multiple bonuses or not understanding the terms and conditions of trading. We also saw some cases where XM appeared to be at fault, but they were all resolved properly by XM.
We are satisfied that XM handles complaints efficiently. There are no obligations for any forex broker to participate in 3rd party forums but XM make an effort to be available and that’s a very big positive.
What is trust score?
This is a rating out of 100 which we calculate for each broker based on a combination of factors, all of which you will find below on the scorecard.
Every broker starts with a base score of 100 and we subtract points according to what criteria they match in each category.
Whilst trust score provides a good insight into the broker’s reputation, our overall rankings are based off our own thorough reviews plus the user reviews. Therefore, brokers with a high trust score aren’t always guaranteed to be ranked at the top.
XM scorecard – 99 / 100
Major sponsorships: the fastest man on the planet, usain bolt is sponsored by XM. This provides a large credibility boost for this broker as usain bolt would only be associating himself with brands that can further enhance his reputation.
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 bonus rules
Deposit bonus – A bonus on funding a live account. The bonus credited on percentage of the deposit amount.
No deposit bonus – free bonus on account registration for the new clients to trade live without any risk.
Tradable bonus: A deposit bonus that can be lost and traded as the part of your trading equity.
Volume bonus – most common type of deposit bonus, it allows you to increase your trading volume. Often the bonus can be cashed on trading lot requirement.
Forex gift – A gift for the clients for completing certain requirements, everything from bonus to latest gadget
Freebies – free stuff by forex brokers like ebook, courses, trading materials etc.
Rebate – cash-back withdrawable bonus on each lot traded.
Demo contest – contests held on demo account, win cash/tradable money with no-risk involve!
Live contest – contest held on live account, deposit requires. Win bigger cash/prizes.
Refer – a-friend– refer your friend to your broker, when your friend deposit you will get a special bonus
Free signals – get free trading signals from the broker.
Free VPS – get access to an optimized forex virtual private server for free on maintaining a certain amount of trading balance.
Binary options – binary bets trading on forex instruments
Forum posting: get a small trading bonus for each of your post in forms.
3 affiliate IB: receive a commission from your fellow traders, specially design for the marketers.
Draw bonus: the winners chosen by a draw
Seminars webinars: find the schedule to participate in the online/offline events.
Expos events: inviting to attend the forex events & expos globally.
XM review
Regulation and security
XM group (XM) is a group of regulated online brokers. Trading point of financial instruments ltd was established in 2009 and it is regulated by the cyprus securities and exchange commission (cysec 120/10), trading point of financial instruments pty ltd was established in 2015 and it is regulated by the australian securities and investments commission (ASIC 443670) and XM global limited was established in 2017 with headquarters in belize and it is regulated by international financial services commission (000261/106).
XM’s regulation in cyprus provides its clients there with a degree of investor protection, as cysec maintains an investor compensation fund which is empowered to award depositors who lose their accounts due to failure of a regulated firm an amount up to €20,000.
XM has been in operation as a brokerage since 2009, giving it a relatively long track record. Typically, it can be said that the longer a broker has been in business, the more reputable the broker should be held to be. This means that XM can be said to have a substantial track record and an established reputation of safety as a brand which it will wish to protect.
Like all forex / CFD brokerages regulated in member states of the european union like cyprus, all clients of XM enjoy negative balance protection. This means that it is impossible for any client to lose more than the amount they have deposited with XM. The “tail risk” of an extremely large and sudden market movement, amplified by any leverage used, is borne fully by XM under this european union regulation.
️ headquarter | cyprus, belize, australia |
⚖️ regulations | cysec, ASIC, IFSC |
type of broker | market maker |
minimum deposit | $5 |
maximum leverage | 1:888 *the maximum leverage foe clients registered under the EU regulated entity of the group is 30:1 |
type of platform | metatrader 4, metatrader 5, web-based |
deposit with credit card | yes |
depositing with wire transfer | yes |
demo account provided | yes |
️ instruments traded | forex cfds, commodities cfds, equity indices cfds, precious metals cfds, energies cfds |
The question of fees charged by a brokerage should always be paramount in the mind of anyone searching for the right forex / CFD broker. In considering the question, all costs of doing business must be considered carefully. We can break the entirety of fees and costs into two separate sub-categories: fees which are incurred through opening and closing trades, such as spreads, commissions, and overnight financing; and incidental fees, such as charges imposed by the brokerage due to account inactivity, or transaction fees applied to deposits or withdrawals. The trading fee element is going to be most important by far so this should be examined first.
Looking at trading fees first, we begin with spreads and commissions, which should be lumped together as an all-in “round trip” cost covering the opening and closing of a trade. As XM offer a few different account types which charge slightly different fees, we will judge the trading fees of its most common account type, the standard account.
The average round trip cost of trading the benchmark EUR/USD forex currency pair is 1.7 pips. However, this falls to only 0.8 pips in the XM zero account.
The average round trip costs of trading individual stocks, soft commodities, and equity indices are average for the industry.
Finally, data on the average round trip cost of trading the precious metals gold and silver shows that it is never below 30 cents for gold and 3 cents for silver.
It can be said that these levels of spreads and commissions are competitive for depositors of relatively low amounts. The minimum deposit required to open a standard account is only $5, so for traders depositing only a few hundred dollars or less, these fees will certainly be competitive. However, traders with considerably larger sums to deposit such as a few thousand dollars would be able to find more competitive alternative brokerage options within the industry, unless they wish to open an XM zero account which has extremely competitive fees.
The next thing to consider as part of the fee structure is overnight financing, which is usually a net charge applied to every trade daily which is open at 5pm new york time, although it can sometimes be a payment. These fees are, at least theoretically, based upon tom/next fees applied in the intrabank market, but retail brokerages tend to offer relatively unfavorable rates which can make swing or position trading expensive, especially when buying into currencies with very low or negative interest rates. XM are open and transparent about their overnight financing rates, which is a good sign. XM state that their rates are based upon the bank market’s tom/next rates plus the XM mark-up. Comparing the rates offered at the time of review to the industry average, their overnight financing rates are relatively competitive, meaning that XM may be a good choice for traders who wish to hold positions open for periods longer than a day or two.
We end this section on fees by looking at incidental transaction fees, occurring through non-trading processes.
XM charges an account inactivity fee of $5 per month after 90 days. XM charges no additional fees on deposits or withdrawals except where an amount of less than $200 is moved by wire transfer. Overall, this is not a bad deal, unless you are making a very low deposit and will want to make no trades at all for a period which may be longer than one month.
Our conclusion on fees: XM’s fees are competitive for traders making deposits under $1,000 across all account types, while the XM zero account is competitive at any deposit level.
What can I trade
After regulation, safety, and the fee structure, the next most important element to consider when choosing a forex / CFD brokerage is what is offered for trading on the broker’s menu. Some traders will be seeking exposure only to one asset class, such as forex, or cfds on individual stocks and shares, while others will be looking for diversification.
XM offer the following instruments for trading:
Forex – more than 55 currency pairs and crosses, including exotic currencies, as listed below.
Stocks – an extremely wide selection of individual stocks are offered for trading, with more than 1,200 different equities currently listed by XM. This is a very impressive, wide range of choice offered as an access to global equities. Stocks are offered from seventeen different national equity markets, including of course the major markets such as the U.S.A., the U.K., germany, switzerland, and australia, but also russia. Otherwise, the geographical markets are entirely european. Traders interested in trading individual major market stocks should give XM serious consideration as a broker of choice.
Commodities - a decent selection of 8 soft commodities are offered, which is more than most brokerages run to. They are listed below.
Five energies, including natural gas, are available to trade.
The final element of XM’s commodities offering are precious metals, namely, gold and silver. More exotic precious metals such as platinum and palladium are not available.
Equity indices – 18 major equity indices are on the menu, which is a decently wide-ranging selection for choice. The full list of equity indices is set out below.
Our conclusion regarding XM’s offering of tradable assets is favorable, with a wide range of asset classes offered that should satisfy most traders. The offering is especially impressive concerning global equities, with an unusually large amount (over 1,200) on the menu at the time this review was published. We expect there is a sufficiently wide range here for those traders who are not particularly interested in individual stocks and shares, but who want to be reasonably diversified across major markets.
Account types
XM group offers its clients 4 types of account: MICRO, STANDARD, ZERO and ULTRA LOW with low spreads. The MICRO account allows you to operate with micro lots, lower level of risk and it has minimum initial deposit of $5. The STANDARD account allows you to operate with standard lots and it has minimum initial deposit of $5. The XM ZERO* account allows you to operate with standard lots, lower spreads starting at 0 pips and it has minimum initial deposit of $100. XM ZERO account has a $3.5 commission per $100,000 traded. Finally, the XM ULTRA LOW* account allows you to trade with either micro or standard lots, lower spreads starting from 0.6 pips and it has minimum initial deposit of $50.
All account types allow hedging, scalping, and automated trading via expert advisers.
We think that the range of account types offered are realistic, easy to use and understand, and good value. Too often in the retail forex / CFD industry, account type classifications are made unnecessarily complex for marketing purposes. It is admirable that XM seem to have refrained from doing this and are instead looking simply to give their clients what they want and need.
Trading platforms
XM offers all its trader clients a choice between the use of the two most popular retail forex / CFD trading platforms globally. Clients with any account type may choose to use either metatrader 4 or metatrader 5. Both platforms are well-known, intuitive, and easy to understand, and have been around for many years. Both platforms are also very popular with the retail trading community. Some traders may wish for a deeper choice of platform that is given here, yet a big majority of traders who find themselves considering becoming customers of XM will find the choice on offer adequate.
XM offers a range of MT4 and MT5 platforms for both windows and mac operating systems which gives traders unrestricted access to all platforms.
In addition, a range of MT4 and MT5 mobile applications for both apple and android operating systems seamlessly allow access to an account with full account functionality from a smartphone or tablet.
XM pioneered the offering of an MT4 platform with trading execution quality in mind. It offers the following benefits: over 100 instruments including forex, cfds and futures, 1 login access to 8 platforms, spreads as low as 1 pip, full EA (expert advisor) functionality, 1 click trading, technical analysis tools with 50 indicators and charting tools and 3 different chart types.
Trades can trade with the MT4 platform on their mac as well as on mobile devices such as androids and iphones, ipads and tablets.
XM webtrader 4
XM webtrader 4 is accessible for PC’s and mac’s without downloading. Traders can choose from over 100 instruments including forex, CFD’s and futures, 1 single login access to 8 platforms, spreads as low as 1 pip, 1 click trading and built in news functionality.
XM MT4 multiterminal
The XM MT4 multiterminal platform is the ideal tool for traders wanting to handle multiple MT4 account from 1 single terminal with ease with 1 master login and password.
It supports up to 128 trading accounts, has multiple order types, three allocation methods and provides management and execution in real time.
Metatrader 5 offers a range of extra features that analyze the market and help traders trade in any style they want.
In addition to all the features of the MT4 platform, the MT5 platform also offers different order types such as 'fill or kill' and 'immediate or cancel' as well as technical and fundamental analysis using over 79 analytical tools.
Unique features
The standout features of XM are twofold: first, its strong regulatory regime in two major industry centers (australia and cyprus, the latter of which gives passporting into E.U. Regulation throughout the union); secondly, its very extensive offering of individual equities listed in european countries and other major developed nations.
XM’s zero account also has an extremely competitive fee structure at a very low minimum required deposit.
XM is proud of its history and its accomplishments. Its milestones in our corporate history chart goes back to 2011 and points to a background of trustworthiness and corporate involvement.
The XM management has visited over 120 cities around the world to connect with their clients and partners in order to interact with them on a face to face basis. They have hosted more than 100 seminars to educate traders, enabling them to make better trading decisions. These activities have helped XM reach the highest levels of client retention of any forex broker, anywhere.
In fact, XM prides itself on having over 300,000 real accounts opened to date from 196 countries and over 150,000,000 trades executed with zero re-quotes or rejections, ever.
XM withdrawal problems
XM is one of the biggest retail brokers operational with more than 3,500,000 traders from 196 countries. It provides traders with more than 25 payment options and given the size of this broker and broad international reach. Therefore, it is not surprising for a few clients to claim XM withdrawal problems. XM maintains a clean track record with five regulators, making isolated stories of issues related to a withdrawal dubious. Those claims are often made in online forums with the well-document malicious intent to extract payments from brokers to avoid tarnishing their reputation. All known claims were related to traders violating the terms and conditions. One trader claims he deposited his friend’s skrill account into his XM trading account. The case dates back to 2013 and violated anti-money laundering (AML) regulations. While they were not as detailed as today, at that time, some brokers did not check the source of deposits, while withdrawals faced strict scrutiny. The trader provided no supporting evidence and stopped responding to the thread he started, suggesting it was nothing more than a malicious attempt, potentially sponsored by a competitor, a common practice in the industry, or by a disgruntled trader who faced losses.
XM also offers generous bonuses, however, clients registered under the EU regulated entity of the group are not eligible for the bonus (ESMA regulations). XM remains a legit, trustworthy, and honest broker that offers bonuses. Traders should consider the source of any claims of XM withdrawal problems and the lack of evidence before trusting misleading smear campaigns.
Research and education
The XM research & education offering is impressive. It should be said that a forex / CFD brokerage can offer an excellent service without providing any education or research offering at all. Brokers primarily exist to execute trades and safeguard deposits efficiently, and these core functions are what customers need and want.
All too often, substandard brokers throw together a hastily assembled collection of low-quality educational material, simply for the sake of trying to put across a good appearance. Happily, in the case of XM, the educational and research offering is there because it is worthwhile.
Research is offered as news and analysis on key markets and relevant geopolitical developments, including technical analysis performed on selected price charts. Forex, commodities, and stocks are covered.
In the XM learning center, subsections are divided into live education, educational videos, forex webinars, platform tutorials, and forex seminars.
The educational rooms are live trading rooms which clients may enter and participate in and see live markets traded in real time. Most of them are open for eight hours continuously on weekdays, which is extremely impressive. Seven educational videos on a range of common forex trading topics are also present in their relevant subsection.
Account holders can benefit from weekly webinars in 13 different languages including arabic, bengali, indonesian, polish and others given by 18 expert instructors whose pictures are presented on the site.
The list of video tutorials seems endless and cover topics as basic as how to open a forex account to how to use a MT4 droid pad on the mobile trader app.
Upcoming XM workshops and seminars are listed as are ones that have already taken place.
In addition, their economic calendar posts any upcoming events taking place in markets throughout the world.
There are market reviews, a forex news report and technical analysis that appear daily.
A selection of trading tools are also offered, in addition to free forex signals and forex calculators.
Customer support
Most traders will never use their broker’s customer support service beyond the occasional query for clarification of the trading terms offered. Still, its good to know that if you do need the help desk, you will be dealt with promptly and helpfully.
XM’s customer support has a good reputation, partly because it is offered in a wide variety of languages with dedicated native speakers offering support to clients in their own language.
The XM customer support desk is available 24 hours a day, from monday to friday – the same time period over which the markets are open. Representatives speak english, greek, japanese, chinese, bahasa malay, bahasa indonesia, hungarian, russian, french, spanish, italian, german, polish, hindi, arabic, korean, portuguese, czech, slovakian, bulgarian, romanian and dutch.
Traders can contact a rep at different departments in several international locations via email of telephone. Live chat is also available.
Bonuses and promotions
- Free VPS for clients who maintain a balance (equity-credit) USD 5,000 or currency equivalent.
- $30 non-deposit trading bonus for new clients only.
- The two-tier deposit bonus offers 50% deposit bonus up to $500 and 20% deposit bonus up to $5,000.
- The XM loyalty program offers the clients XM points (XMP) per lot traded. These XMP can be redeemed at any time for credit bonus which can be used for trading purposes only.
*trading bonuses and loyalty program are not eligible for clients registered under the EU regulated entity of the group
Opening an account
The account opening process with XM is relatively quick and painless. You can expect to get your account open and ready on the same day that you begin the account opening process. Clients only need to navigate through a couple of web screens where they submit a few details and choose the type of account they want to sign up for.
It is worth noting that residents of the U.S.A. And a few other extremely regulated jurisdictions are not accepted as new clients by XM.
In addition to providing personal and account details, new clients are required to verify their ID and proof of residency by way of utility bills or bank statements. Proof of ID may be verified by providing an official national identity card, passport, or driver license. Images can be uploaded for verification and response times are very quick.
Deposits and withdrawals
At XM there is no minimum deposit required. However, system restrictions limit the minimum deposit amount to $5 for electronic funding such as moneybookers, skrill and neteller as well as credit cards and bank wire transfers. Moneygrams and western union payments are also accepted.
Withdrawals can be made using the same methods. In fact, the deposit and withdrawal options are listed side by side on the website and a trader needs only click on “make a deposit” or “request a withdrawal” in order to make a transaction.
Withdrawals via bank-wire of amounts under $200 are subject to a $15 administration fee. While this is not completely uncommon, it is a little unusual and smaller depositors should consider whether they will be able to plan to sit tight and hope to grow their account to a level where this fee would not apply to any likely amount the client will wish to withdraw.
So, let's see, what was the most valuable thing of this article: get 100% deposit forex bonus. Open a forex account now and get 100% bonus on your deposit with our limited time offer. At xm bonus rules
Contents of the article
- Today forex bonuses
- Trade forex and cfds on stock indices, oil...
- Claim your 100%up to $5,000 trading...
- Trade on 16 platforms from 1 account
- Why choose XM?
- Xm bonus rules
- Sleek, modern appeal for the “new age”...
- Opening my account
- The million dollar competition
- Newbie friendly
- Key benefits of trading with XM
- $30* no deposit bonus
- Up to $5,000* in deposit bonuses
- Loyalty reward points
- XM regulation & licenses
- Where is XM regulated?
- Minimum & maximum deposits / withdrawals
- XM deposits summary table
- XM minimum deposit
- XM maximum deposit
- XM withdrawals summary table
- XM withdrawals
- XM bad reviews
- Is XM a scam?
- What is trust score?
- XM scorecard – 99 / 100
- XM no deposit 30 USD bonus – read an honest review
- XM free 30 USD no deposit bonus description
- XM free trial available platforms
- XM 30$ bonus terms and conditions
- How to get XM $30 no deposit bonus?
- Steps for getting the no deposit XM bonus:
- $30 NO DEPOSIT BONUS OFFER – XM group
- XM NO DEPOSIT BONUS REVIEW
- XM DEPOSIT BONUS. LEARN ITS SECRETS NOW!
- What is XM deposit bonus?
- How to receive XM deposit bonus?
- Withdrawal conditions
- Terms and conditions of XM deposit bonus
- Xm bonus rules
- Sleek, modern appeal for the “new age”...
- Opening my account
- The million dollar competition
- Newbie friendly
- Key benefits of trading with XM
- $30* no deposit bonus
- Up to $5,000* in deposit bonuses
- Loyalty reward points
- XM regulation & licenses
- Where is XM regulated?
- Minimum & maximum deposits / withdrawals
- XM deposits summary table
- XM minimum deposit
- XM maximum deposit
- XM withdrawals summary table
- XM withdrawals
- XM bad reviews
- Is XM a scam?
- What is trust score?
- XM scorecard – 99 / 100
- 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 bonus rules
- XM review
- Regulation and security
- What can I trade
- Account types
- Trading platforms
- Unique features
- Research and education
- Customer support
- Bonuses and promotions
- Opening an account
- Deposits and withdrawals
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