In order to attract new clients, forex broker usually held demo trading contest with prize that could be used as initial deposit. While to keep the existing clients happy, there are usually rebate or loyalty program. In this sense, forex broker XM newest program certainly shall delight traders, XM new clients and long-time clients alike.
Turnout level of forex traders in a forex broker company depends on how attractive the broker is for new traders, and how loyal its clients are. In order to attract new clients, forex broker usually held demo trading contest with prize that could be used as initial deposit. While to keep the existing clients happy, there are usually rebate or loyalty program. In this sense, forex broker XM newest program certainly shall delight traders, XM new clients and long-time clients alike.
Yesterday (17/7) Cyprus-based XM announced the launch of XM Loyalty Program. The program provide an opportunity for new traders to receive rewards from every trade they make, starting from the time they register with the company.
The program is built on XM Points (XMP) system. The XMP can be earned since a new client registered on a real account in XM, where the client will earn 10 XMP per lot traded. A long time client could earn up to 20 XMP per lot traded, as a new client could up his loyalty status from Executive (new client), to Gold, Diamond, and Elite. In short, how much reward one trader in XM will earn depends on how much he trade, and how long he have traded with the broker.
The XMP earned then could be redeemed for real cash reward and or credit bonus. In addition, XMP also provide entry access for special seasonal bonuses and highly exclusive bonuses that will be provided on invitation-only basis. To calculate XMP earned in terms of Bonus, one could divide XMP earned with 3 (Bonus = XMP/3). And to know what is the cash value of XMP, one could divide XMP earned with 40 (Cash Reward in USD = XMP/40). Bonus could be used in trading, while cash will be able to be withdrawn in full.
That means, just by trading 25 lots as a new clients, you are already able to earn 250 XM that equals to at least 6 Dollars. Are you tempted? Register to XM, trade frequently, and claim your reward. Your XMP earned then could be monitored in your member area, including its value in bonus and cash. Contact XM representative for further information.