XM trading bonus gives a $50 reward that can be withdrawn. This bonus is available for any new client who claim it within 30 days of opening their account.
In today's fast-paced financial markets, where traders face constant challenges and volatility, brokers are always looking for ways to differentiate themselves and attract and retain clients. One common tactic used by many brokers, including XM, is to offer trading bonuses to both new and existing clients. These bonuses can provide traders with additional funds to trade with, potentially increasing their profits and giving them more opportunities to participate in the markets.
XM trading bonuses can be a valuable tool for traders to increase their trading capital and reduce their trading costs. However, it's essential to read and understand the terms and conditions of each bonus and to choose the one that best suits your trading style and needs. But before getting into the details, let's get to know XM broker a bit further.
XM is a reputable broker that has been in operation since 2009 and has its headquarters in various countries including Australia, Germany, Spain, Italy, Cyprus, the United Kingdom, New Zealand, Belize, the European area, and France. With over 4 million clients, XM offers Forex/CFD trading services. It is regulated by various authorities such as ASIC 443670, BaFin 124161, CNMV (Spain) 2010157773, CONSOB (Italy) 3046, CySEC 120/10, FCA (UK) 538324, FSP (New Zealand) FSP235905, IFSC (Belize) 000261/309, and ESMA.
Clients who choose to trade with XM benefit from negative balance protection. This ensures that clients cannot lose more than their deposit amount. This ensures that clients' funds are protected in case of any unexpected events.
Established in 2009, XM is a member of an online brokerage company called Trading Point of Financial Instruments Ltd. In providing clients on a global scale, the company has branched into XM Australia and XM Global, and XM Cyprus. Each member has different headquarters and licenses, with XM Australia registered under the Australian Securities and Investment Commission (reference number: 443670), XM Global under the IFSC (60/354/TS/19), and XM Cyprus under the Cyprus Securities and Exchange Commission (reference number: 120/10).
XM is one of the more experienced brokers in the world of online forex trading today. Since its founding, the broker has experienced a lot of changes, including the addition of the Ultra-Low Account and Webinar feature that is accommodated in 19 different languages with 35 native instructors for each language.
In terms of trading instruments, XM is a well-known diverse class assets provider, varying from Forex, Commodities, Equity Indices in CFDs, Precious Metals, Energies, to Shares. XM prides itself to be the ideal broker in trading execution, offering a stat of 99.35% orders to be executed in less than 1 second. Trading in XM would be also provided with a strict no requotes policy, no virtual dealer plug-in, no rejection of orders, real-time market execution, and the choice for traders to place orders online or by phone.
Spreads on all majors can reach as low as 0.6 pips in Ultra-Low Account, while spreads on other accounts usually start from 1 pip. Instead of providing maximum leverage on the scale of 1:500 or 1:1000 (round numbers), XM chooses to limit their leverage on a 1:888 scale, a unique number that is now widely recognized as XM's trademark.
To protect the client's fund in the event of extreme volatility, XM presents each account type with Negative Balance Protection. The deposit starts from $5 in Micro and Standard Account, while Ultra-Low Account requires a minimum deposit of $50. Traders who open accounts in XM are enabled a condition similar to a Cent Account environment in the Micro Account, in which the Contract Size for every lot is only 1,000 units. If it is applied with the smallest lot size in the MetaTrader platform which amounts to 0.01, it means that traders can go as small as 10 units per trade.
For the deposit, XM applies zero-fee deposits in most of its available payment methods. Traders can choose to fund or withdraw their accounts via wire transfer, credit card, as well as the most favorable e-payment choices like Skrill, Neteller, and FasaPay.
XM also provides an Islamic Account for Muslim Traders obligated to Sharia Law that prohibits the use of interest generated by overnight swaps for each currency pairs. To give their clients the best experiment in trading, XM has given access to both MT4 and MT5 platforms, each is available for more than 6 display formats (PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android, and Android Tablet).
All in all, there is no doubt that XM has gone global with its deep commitment to providing trading services in more than 15 languages around the world. Aside from easing traders' experience with mainstream trading platforms and high-quality trading execution, XM is open to various types of traders, from small capital traders to the more experienced ones with big deposits at the ready. Traders are even provided with a Cent Trading environment should they choose to register under Micro Account.
For their global approach, XM has ensured that traders from various countries could access their service easily. This results in the provision of different domains specified for traders in certain jurisdictions. For example, traders from Indonesia could access XM via this link.
What is XM Trading Bonus?
XM trading bonus is a program designed to attract new traders to test the quality of their execution in a real trading environment with no investment risk. XM is pleased to offer its new clients a $50 trading bonus that can be utilized in their real account.
The greatest aspect of this welcome bonus is that profits earned from it can be withdrawn without the need to make a deposit. Upon claiming the bonus, it will be instantly credited to your account and can be utilized for trading purposes. Any earnings that are generated can be withdrawn at any time. However, withdrawing funds will lead to proportional deduction of your trading bonus.
XM offers various base currency accounts, and the bonus will be given in the currency of the account you opened. For example, if you open an account in EUR, you will receive an equivalent of $50 which is 42 in EUR, 33 in GBP, 42 in CHF, 5000 in JPY, 50 in AUD, 167 in PLN, 11667 in HUF, 67 in SGD, 578 in ZAR, or 1600 in THB.
Key Terms And Conditions
- The recipient must be at least 18 years old or considered of legal age in their country of residence.
- The client must be a first-time recipient of this particular bonus.
- The recipient cannot share the same IP address with an existing XM bonus account holder. If XM broker detects the same IP, the recipient will be disqualified from receiving the bonus.
- If one family member has already received this bonus, it will no longer be available for the rest of the family members.
- Any individual who has a direct or indirect connection to the XM company is not eligible.
- XM can provide the bonus to residents of any country as long as it is deemed appropriate by the company.
- Clients who are registered under the EU-regulated entity of the Group are not eligible for the bonus.
How to Get XM Trading Bonus
For those interested in taking advantage of the XM $50 trading bonus, there are 3 essential steps to pay attention to:
Open a New XM Real Account
Go to the XM website and click on the "Open An Account" button at the top right corner of any page. Then, fill in your personal details, trading account details, and confirm your email address. As the final step, log in to your account using the MT4/MT5 ID and password provided in the welcome email.
Validate Your XM Account
To begin the validation process, click on the orange "Validate Your Account Now" button. XM will require you to provide additional information about your Tax Identification Number (TIN), proof of identity, and proof of residency documents. There are two types of documents you need to upload to validate your account.
After you have uploaded your documents, the XM review team will review them to validate your account. This process usually takes less than 24 hours to complete.
Claim the $50 XM Trading Bonus
Once you have successfully completed the account validation process, you can finally claim the much-awaited $50 trading bonus from XM. This is an incredible opportunity to start your trading journey without risking your own funds. One important thing is, you must claim this bonus within 30 days of opening your account; otherwise, you may lose the opportunity to receive the bonus. Therefore, it is imperative to act quickly and claim the bonus as soon as possible to avoid missing out on this fantastic opportunity.
To begin claiming XM trading bonus, log into your member dashboard, look for the "Trading Bonus – Claim your $50" box, and click on the "Claim Your Bonus Now" button which will direct you to a new page.
Here, you will be asked to enter your phone number and request a call back from XM. Once you receive the call, XM will provide you with a confirmation code that you must enter in the required field to complete the mobile verification process.
Once you have completed the verification process, you will see a confirmation screen indicating that you have successfully received the $50 trading bonus in your MT4/MT5 account.
Now, log in to your trading account, and you will see that the bonus has been credited to your account.
At this point, it is essential to note that the XM trading bonus is a powerful tool that can help you increase your trading profits significantly. As an illustration, we applied the XM trading bonus to our account and generated a profit of $4.61 from trading this bonus. This profit is entirely withdrawable, meaning you can cash out the amount once you meet the necessary trading requirements.
How to Withdraw the Profit From Trading Bonus Account
We have summarised what you should know about withdrawing the profit:
- Must trade at least 0.1 lot in total (10 micro lots).
- Must trade at least 5 rounds of trades.
- There is no maximum limit to the amount you can withdraw.
- The minimum withdrawal amount is $5 every time.
- XM broker will deduct the bonus proportionally in a percentage of the withdrawal amount.
Example: ABC, a trader who received a $50 trading bonus in his MT4 account, has successfully made a profit of $100 after completing 20 trades. They decide to withdraw $50 from their available balance, which is $100.
To calculate the amount of trading bonus that will be deducted, they withdraw 50% of the available balance, which is $50 out of $100. Therefore, the amount to be deducted from the trading bonus will also be 50% of the $50, which is $25.
This means that after deducting the $25 trading bonus from the withdrawal amount of $50, ABC will receive $25 as the net amount in their account. It is important to note that the remaining $25 trading bonus can still be used for future trades.
XM Trading Bonus FAQ
- May I withdraw the bonus I received from XM's new account opening?
No, the new account opening bonus provided by XM is intended for trading purposes only, so it cannot be withdrawn. However, any profits earned from trading with the bonus can be withdrawn. If you withdraw some funds from your XM trading account, the bonus will be reduced accordingly based on the remaining balance.
- How long does the XM bonus last?
The XM no deposit bonus does not have an expiration date. The bonus remains valid as long as no profits are withdrawn.
- Why wasn't the XM new account opening bonus credited to my account?
To receive the XM new account opening bonus, you must apply for it in the member area after validating your account. If you fail to validate your account within 30 days of opening it or neglect to apply for the bonus, you will lose eligibility for the bonus.
- Is it possible to withdraw profits made from trading using the XM bonus?
Yes, you may withdraw any profits earned from trading with the XM bonus. There are no conditions imposed by XM on profit withdrawals. However, if you request a withdrawal, you will forfeit a portion of the bonus, depending on the amount withdrawn from your XM balance.
- When is it possible to receive the new account opening bonus?
The new account opening bonus can be received after your account is validated and you complete the required steps in your member area. These steps must be completed within 30 days of opening the account, as any measures taken after this period will not be accepted.
- Can I claim the account opening bonus before making a deposit?
Yes, you can claim the bonus even if you haven't deposited any funds. Once your account is activated with XM, you have 30 days to claim the bonus and start trading with it.
- How can I withdraw the profit I earned using the XM trading bonus?
To withdraw the profit earned with the XM trading bonus, you need to accumulate at least 0.1 standard lot and complete at least 5 round trades. The minimum withdrawal amount is $5.
XM broker is an established international firm and has become a true leader in the trading industry. Founded in 2009, the company works with the main principle of being "fair, trustworthy, and dependable". XM claims to support no re-quotes and real-time execution, where traders can choose from 10+ trading platforms suitable to any device.
Mar 9 2023
For me, collecting rewards from brokers is for their campaign. While it really helps traders get more money to trade, it seems some traders don't care about the security of their accounts and funds. I mean sometimes traders don't check if their brokers are scam or not, are strictly regulated or not. I think it's very important.
Meanwhile, in XM, there are a lot of regulations ranging from a strong regulator like ASIC to a weak one like Belize. Now I ask about security in XM. What Regulatory Authority can I get if I'm not an Australia, New Zealand and Europe Area trader at XM? Is trading with XM safe? ?
Mar 9 2023
Phil: Firstly, it's important to note that if you're not a trader from Australia, New Zealand, or Europe, the regulatory authority overseeing your trades with XM will depend on your country of residence. XM is regulated by various organizations around the world, including ASIC in Australia, CySEC in Europe, and IFSC in Belize. However, if your country of residence is not on the broker list, you may be categorized as trading with an offshore broker under IFSC regulation.
Despite this, it's worth noting that XM is regulated by many reputable regulators, making it safe to trade with them. Offshore regulators offer trading terms that are accepted by traders worldwide, which is why brokers use them as regulators. While stronger regulators tend to only accept their own traders, offshore regulation offers a fair option for traders from various locations. Tips and trick, read about choosing offshore brokers here : Simple Guide to Trade with offshore Brokers
Mar 9 2023
Hasan: Thanks for answering! I thought about that actually but I'm not so sure. So it's really of use if your regulation is strong even though traders outside of this regulator's country can't use regulated terms.
By the way, thanks for the advice. And I guess that XM brokers can be really safe to trade away from regulations including ASICs. And maybe now I can focus on how to get bonus from XM!
Mar 9 2023
Dude, I'm new here, I want to hunt for broker's bonus and I find XM bonus looks very interesting as they offer many bonuses such as $50 trading bonus. I mean it really helps me to trade because it will add margin to my account. However, I am a bit confused about the main terms and conditions of the XM bonus. I read that if I have received bonuses, all my family members will no longer have them. Wow I am stunned and scared because my family members have really invaded my privacy while I was thinking how can XM know about my family members?? That's really a big question, isn't it?
Mar 9 2023
sisca444: If you're wondering how XM could know about your family members, it's important to remember that brokers usually collect info about clients' personal and financial backgrounds for compliance reasons. This data could include info about your family members like their names, jobs, and finances. And this information, brokers get at the signing up process (KYC).
However, brokers are also required to keep your information private and confidential, and can't share it with others without your permission, unless it's mandated by law or regulations.
So unless you gave XM your family members' details or authorized them to access that info from other sources, they shouldn't know about your family members. If you're worried about your privacy, you can always talk to XM's customer support team to learn more about their privacy policies and procedures.
Mar 21 2023
How can I contact XM customer support if I have any questions or issues regarding the XM Welcome Bonus worth USD50?
Mar 25 2023
To contact XM customer support regarding any questions or issues related to the XM Welcome Bonus worth USD50, you can use one of the following methods:
- Live Chat: You can access XM's live chat feature on their website to speak with a customer support representative in real-time who can assist you with any questions or concerns you may have. To do so, simply click on the ""Live Chat"" button on their website and follow the prompts.
- Email: You can send an email to XM's customer support team at [email protected] Be sure to include your account information and a detailed explanation of your issue. This will help the customer support team to better understand your situation and provide you with the most relevant assistance.
- Phone: XM offers phone support in several languages. To find the phone number for your region, visit their website and click on the ""Contact Us"" link at the bottom of the page. You can then your country and language to view the phone number and other contact details.
It is recommended to check their website or promotional material for more information regarding their bonus terms and conditions before reaching out to customer support.
Mar 25 2023
Regarding the welcome bonus offered by XM, it is worth noting that if you decide to withdraw some of your profits, the bonus amount will be automatically reduced by 50%. For instance, if you receive a $50 bonus and make a $50 profit, your equity will be $100. If you choose to take the $50 welcome bonus, your equity will drop to $50 and the bonus will be reduced by 50% every time you withdraw profits. Although it is called a welcome bonus, it is important to keep in mind that it functions more like a reduction in trading costs rather than a traditional bonus, as withdrawing profits can affect the bonus amount. Nonetheless, it may still be a worthwhile option as it allows you to trade with funds that are not your own.
Mar 25 2023
"The recipient cannot share the same IP address with an existing XM bonus account holder. If XM broker detects the same IP, the recipient will be disqualified from receiving the bonus"
Dude, it mean you are not egible to join the welcome bonus if your roomate also use the welcome bonuses. So, need to be careful and read carefully about the terms and conditions. But how about if there is case, if I trade with welcome bonus and my friend dont know about that and he just got sign up. If our cases like that, can we also disqulified from the welcome bonus that XM broker give?
Mar 25 2023
Based on the information provided, if you and your roommate share the same IP address and your roommate has already claimed the XM welcome bonus, you may not be eligible to receive it as well. Therefore, it's important to read the terms and conditions carefully and ensure that you meet all the eligibility requirements before claiming the bonus.
Regarding your question, if you use the welcome bonus to trade and your friend signs up without being aware of it, it's unclear whether you would both be disqualified from receiving the welcome bonus provided by XM broker. To clarify this, it's recommended to contact the broker directly and inquire about their policy in such cases, especially if you both share the same IP address. But as back to the key and term condition, it seems you and your friend will be disqualified
Mar 25 2023
I'm afraid the welcome bonus offered by XM Broker is no longer available, but that's just my guess. I plan to sign up quickly for the bonus so I won't have to use my money to trade. However, since the bonus is only offered once, I have to use it wisely. Therefore, I decided to practice on a demo account. It turns out that it is very difficult and time consuming to understand the forex market. The problem here is if I sign up and get the welcome bonus from XM, and trade using a demo account, can the welcome bonus disappear due to my inactivity live trading? THANK
Mar 25 2023
So, based on my knowledge, XM Broker is still offering their welcome bonus, but it's always a good idea to check their website or contact their customer service to confirm. Now, regarding your concern about the welcome bonus expiring, I'm happy to let you know that the bonus doesn't have an expiration date, which means you can take your time to practice trading with a demo account before you start using your own money. It's important to note, however, that there are certain terms and conditions that you need to abide by in order to qualify for the bonus, so make sure to read them carefully before signing up. And don't hesitate to reach out to XM Broker's customer service if you have any questions or concerns. Cheers, mate!
Apr 28 2023
A popular global broker with a large customer base and a good reputation, XM is a good choice for most UK traders. It has some of the lowest fees in the industry, provides excellent research and education, and has a beginner-friendly trading app. It also has an excellent suite of trading tools and its customer service is responsive and well trained.
A well-regulated market maker broker XM offers trading on over 1000 instruments, including over 57 Forex pairs. Trading conditions are average compared to other similar brokers, with a spread of 1.7 pips (EUR/USD) on the Standard Account and 0.8 pips (EUR/USD) on the Ultra-Low Account. Low minimum deposit requirement of 5 USD on all account options, making it great for novice traders.
XM also offers trading on the most popular platforms – MT4 and MT5 and allows all trading strategies in addition to an arsenal of world-class educational and market analysis materials and excellent customer service.
XM has won many awards for its services and offerings over the years, including:
Overall, due to a long history of responsible behavior, strong international regulations, and wide industry recognition, we consider XM to be a trustworthy and safe broker.
Apr 28 2023
I have been interested in this broker for a long time, because it turns out that this broker provides bonuses and promotions for new traders that can be accessed when registering. new traders can get a deposit bonus of up to 20% or the exchange rate equivalent. To get this bonus is very easy, namely traders who deposit at least $ 5. cheap isn't it? because the fee for trading on each Xm account is also deducted by $ 5, so in my opinion this figure is quite reasonable and normal. This bonus is also available on all platforms, both MT4 and MT5.
What I got after reading this article is that in making a withdrawal request at the XM broker, the method that must be used for withdrawal must be the method used during the initial deposit. I really like to trade using more than one deposit option, how can I withdraw now? If I withdraw money from my account, can I also withdraw the profit generated from the bonus? Can I withdraw the bonus at any stage? if anyone can answer please enlighten me....
Apr 29 2023
okay buddy, I'll help explain, I happen to be interested in the XM broker and want to try trading with this broker. I have read many articles related to this broker. If one of your deposit methods is a credit/debit card, you always need to request a withdrawal up to the deposit amount, as before any other withdrawal method. Only if the amount deposited via credit/debit card is fully returned to the source, you can choose another withdrawal method, according to your other deposits.
Bonuses are for trading purposes only, and cannot be withdrawn as Xm offers bonus amounts to help you open larger positions and allow you to keep positions open longer. All profits earned with the bonus can be withdrawn at any time.
So, I think the bonuses here are a form of marketing from this broker, not to be withdrawn but to help new traders in trading.
Jun 7 2023
When it comes to withdrawing profits made from trading using the XM bonus, it's great to know that there are no conditions imposed by XM. However, I'm curious about the process of counting the bonus reduction when a withdrawal is requested. Could you shed some light on how the reduction is calculated? Specifically, how does XM determine the portion of the bonus that will be forfeited based on the amount withdrawn from the XM balance? Understanding this calculation will help clarify the impact of withdrawals on the bonus and provide insights into managing funds effectively while trading with the XM bonus. Thank you!