Xm 30 bonus withdrawal conditions

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Although the newly register customer must be eligible and meet all the criteria to receive their bonus. Generally, the only restrictions are to the people who are under 18 years old or are otherwise under legal age in their countries of residence. The customers who fall under the category of “minors” do not have the right to trade and therefore cannot receive the money. The customer should not have any history containing the events of violations of the broker regulations. In addition to that, if XM suspects that the user is violating or has an attempt to abuse the promotion or the fair rules of the trading bonus, XM broker reserves the right to deny, withhold or withdraw the trading bonus, or any other offered promotions for the user. Each and every customer can only get the trading bonus once. According to XM no deposit bonus terms and conditions the bonus is attached to the uniques IP address, therefore the user can hold only one trading bonus. Once the new customer creates the real trading account he or she has a 30-day limit to claim the free 30 USD, after that the promotion is no longer valid for this user.

XM 30 USD no deposit bonus – claim here

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XM no deposit bonus is a great opportunity for the beginners or the traders that have not had any trading experience with the company. The broker has proved its excellence many times during its 10 years presence on the forex trading market and is widely known as a reliable broker around the globe. Currently, XM is offering a no deposit bonus to its new clients all around the world. Customers who are willing to start trading with XM can get $30 trading bonus after creating the real trading account with them. The bonus is available for anyone, but people who want to claim it should meet certain criteria. In this XM no deposit bonus review we will explain how can you get your no deposit bonus 30 USD and what are the terms and conditions of using it.

Who can get XM $30 no deposit bonus?

XM no deposit bonus is offered to all the new clients of the XM broker who wants to experience the trading process with XM on their platform to ensure themselves that the broker and the platform is the right choice. Although the newly register customer must be eligible and meet all the criteria to receive their bonus. Generally, the only restrictions are to the people who are under 18 years old or are otherwise under legal age in their countries of residence. The customers who fall under the category of “minors” do not have the right to trade and therefore cannot receive the money.

The customer should not have any history containing the events of violations of the broker regulations. In addition to that, if XM suspects that the user is violating or has an attempt to abuse the promotion or the fair rules of the trading bonus, XM broker reserves the right to deny, withhold or withdraw the trading bonus, or any other offered promotions for the user. Each and every customer can only get the trading bonus once. According to XM no deposit bonus terms and conditions the bonus is attached to the uniques IP address, therefore the user can hold only one trading bonus. Once the new customer creates the real trading account he or she has a 30-day limit to claim the free 30 USD, after that the promotion is no longer valid for this user.

How to get XM no deposit bonus

The process of getting XM global $30 bonus is very easy and takes several steps only. Once you go the XM website promotional section you will see that all the needed information and instructions are displayed in a way that even a beginner trader can understand it without any complication. Moreover, the website has a user-friendly design which makes it even easier to navigate there.

On the sections of promotions, you will see several offering that is currently active for the new users or current customers of the brokers.

To get your bonus you need to choose the trading bonus. Click here to claim your bonus, you will be landed to the 30 USD free bonus section directly.

*clients registered under the EU regulated entity of the group are not eligible for the bonus

Once you are on the page, you are one click away from getting your XM welcoming bonus.
In order to get it, you need to have the real trading account where you will be using 30 USD. Therefore the button for claiming your bonus will direct you to the registration of the real account. Creating the real account with XM consists from two steps and takes 2 minutes only. Let us go through the process of the registration process.

To create the real account and get you free XM 30 USD bonus you need to fill the first part of the registration application. You need to fill your personal information. XM requires for the first and last name you enter in the registration form to be as it is written in your identity document. You should also indicate your country of residence, phone number (you will need a phone number later for the SMS verification) and an E-mail address, where you will get your ID for accessing the trading account. Also, you need to choose a preferred language for yourself. XM offers a wide range of 25 languages to choose including english, spanish, german, italian, french, russian, chinese and more.

After filling up your personal information the registration form asks you to choose a trading platform type, currently available platforms with XM broker is metatrader 5 and metatrader 4. If you do not know how to choose between them, do not get confused. Here are the differences between these two platforms. Generally, you can access your trading account on MT4 and MT5 with pretty much all devices such as PC, MAC, IOS and android. However, metatrader 5 additionally includes XM webtrader, meaning that you will not have to install any software, as you can have access to the trading platform online. The second difference between the platforms is that metatrader 5 offers its users to trade in stocks, stocks indices, and precious metals, while metatrader 4 is predominately a forex trading platform. To sum up, metatrader 5 is an upgraded version of the MT4 and has two main features added – XM webtrader and trading possibilities for stock indices and precious metals. It is completely up to you which platform you will go with, both of them is highly recommended by the traders all around the world and you can get your XM no deposit bonus does not matter which platform you choose.

Once you have made up your mind on which platform you will start trading you should choose the account type you want to start with. In the registration form, you are given 5 options that are currently available for XM customers. These accounts are micro, standard, XM zero, XM ultra low micro, and XM ultra-low standard. We will not give in the depth of differences between the accounts here, you can check the XM website account section where all related information is displayed.

One step away from getting XM free bonus

Once you submit the first part of the questionnaire, the second part of the registration will be. At this point, you are one step away from getting your XM free $30. The next part of the questionnaire is designed in a way to finalize your trading account details and for XM to simply determine the purpose of the client. This part of the registration is pretty small as well. You will be asked if you are a US citizen or not, this question is solely for tax purposes.

Next, you need to fill up your trading account details such as – account base currency, account bonus, and leverage. The last part of the registration is to provide information about your investment amount in USD currency, your employment status and intended purpose and nature of transactions.
After the questionnaire is completed the website will ask you to set a password on your account.

XM bonus transaction confirmation

Congratulations, you now have completed the registration process and are about to get your 30 USD. After submitting the registration form you will receive an email asking for confirmation on receiving the XM bonus 30 USD. An email will be sent on an address you have indicated while registering. Alongside with it, you will receive an ID for your trading account. You need to use this account number and the password you have indicated while registering to enter the members area.

Getting XM no deposit bonus on your account

After all the steps explained above are successfully completed you need to activate the bonus to get it on your trading account. You should successfully complete the verification procedure with SMS and/or voice verification. In a result, you will receive free 30 USD for trading on your account. The transaction might take up to 24 hours, but usually, the money appears on the user’s account in less than one hour. The XM forex no deposit bonus is solely for trading purposes, meaning that you cannot withdraw the initial $30, you can only withdraw the profit you will make from the trading. As we got to the point of withdrawal lets see what are the withdrawal restrictions and instructions.

XM bonus withdrawal

As mentioned above you are not able to withdraw the initial bonus money. Although you are free to withdraw the money which you will make from your successful trading. As per as XM withdrawal procedure any withdrawal of funds will result in the proportional removal of the initial trading bonus. You can see how it works on the picture below.

Why XM 30 USD no deposit bonus

Why should you go with XM forex free trading bonus? XM has a reputation that is beyond any suspicion. The company is cyprus based and is fully regulated by the cyprus regulator cysec. The company has 10+ years experience and throughout his presentation of the market, they have strongly established their name as a frontier of the trading industry. The broker has many advantages for the experienced brokers and the beginners. The main advantage, especially for the newcomers in the industry is a highly innovative platform and an interface that helps you navigate and easily understand the system. Besides that FX broker offers 24/5 professional customer support in 25 languages. This can be especially helpful for the new traders. This is why we advise starting with the XM 30$ bonus, as the advantages that the broker is offering to its customers can be a great start of a successful trading career.

*30 USD non-deposit bonus is not available to EU clients registered under the EU regulated entity of the group.

ALL YOU NEED TO KNOW ABOUT XM 30$ BONUS

XM is one of the best forex brokers in the world and now they even offer an XM 30$ bonus for all new clients. Can you believe that? Now, you may be wondering how come XM gives you this promotion or what their conditions are. This article today will answer all your questions so that you can really understand this trading bonus.

What type of bonus is XM 30$ bonus?

Normally, there are three types of forex bonuses. They are welcome bonus, deposit bonus, and lot back bonus.

Welcome bonus, just like its name, is a bonus brokers give traders as a “thank you” for their registration at them. Traders usually use this bonus as a means to test the broker to see if they want to work for long term with this broker.

Deposit bonus is a sum of money offered to traders when they first make a deposit. The amount of this bonus is decided based on the total deposit the traders make. This is a way to encourage traders to deposit more in the first time.

Finally, lot back bonus is like a loyalty program. The procedure can be put simply as when you finish one trade, a rebate will be given to your account automatically from the broker. The more you trade, the more you get rebated. This bonus program encourages traders to trade more with that broker.

The XM 30$ bonus is a welcome bonus. Whenever there is a new client on the platform, XM will reward this new register with $30 for trading. This bonus is for first time sign-up only. Welcome bonus is actually very good for forex beginners. You’re new to forex, so you’re advised to not deposit too much at first, because more than 90% of new traders lose everything at the beginning. So with this extra $30, you have more than enough money to try trading forex. You can check the execution quality, the platform, the speed, spread and commission, the slippages, swaps, or requotes of XM without losing any of your own money. What a good deal for a beginner.

A quick notice: you must claim this bonus in 30 days since you open an account or the bonus will be unavailable.

Conditions for withdrawal

When you finish making money with this XM 30$ bonus, you will want to withdraw your profit, right? This is when the tricky part appears. Just like all other types of bonus and broker, the withdrawal conditions of this bonus is quite complicated. I will try to make it the most simple as possible.

The profit you make from this bonus can be withdrawn anytime. However, everytime you withdraw your funds, the amount of this bonus will be reduced 40%. Also, you have to withdraw at least 40% of your funds. For example, you make $200 from this XM 30$ bonus. Therefore, when you withdraw, you have to take at least $80 (40% of $200). Then, the amount of the bonus will be reduced $12 (40% of $30). So you have withdrawn, for instance, $80, and you have a total of $138 left in your account ($120 profit + $18 bonus).

How to get this XM 30$ bonus

You can easily acquire this bonus simply by following these steps:

Open a real account at XM.

Validate your account.

There will be a button saying “claim your bonus” on the screen.

Complete the SMS verification by following the instructions there.

Now what are you waiting for? Claim your XM 30$ bonus here.

Why should you get this bonus?

$30 is not much for trading. However, when you convert it to pip, it's 0.3 pip. So when you look at it the other way, this bonus is a great way to reduce your trading cost when you trade with XM. The normal XM spread is about 1 to 1.2 pips. With the 0.3-pip discount, you have cut your trading cost down to 0.7 - 0.9 pip, which is among the lowest spread in the market. So you can see that this bonus is not meant for trading. It is for cost reduction.

Other XM bonus programs

Right now, XM is having very good bonus programs that are super beneficial to traders:

XM 15% welcome bonus: this is a welcome bonus program that reward you 15% of your first deposit. The maximum amount you can get rewarded is up to $500. More details here.

XM loyalty program: as you trade, you will earn XM points which can be redeemed at any time for credit bonus rewards in the members area. In the members area you can also monitor your balance of XMP at any time, including the equivalent value of your XM points as credit bonus. The bonus adds funds to your trading account but it is intended for trading purposes only. The amount of bonus is a third of your total XM points. More details here.

Those 2 programs are just as good as the XM 30$ bonus program. You can obviously see that trading at XM can be very cheap thanks to all those bonus programs.

XM 30 USD no deposit bonus – claim here

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Who can get XM $30 no deposit bonus?

How to get XM no deposit bonus

On the sections of promotions, you will see several offering that is currently active for the new users or current customers of the brokers.

To get your bonus you need to choose the trading bonus. Click here to claim your bonus, you will be landed to the 30 USD free bonus section directly.

*clients registered under the EU regulated entity of the group are not eligible for the bonus

To create the real account and get you free XM 30 USD bonus you need to fill the first part of the registration application. You need to fill your personal information. XM requires for the first and last name you enter in the registration form to be as it is written in your identity document. You should also indicate your country of residence, phone number (you will need a phone number later for the SMS verification) and an E-mail address, where you will get your ID for accessing the trading account. Also, you need to choose a preferred language for yourself. XM offers a wide range of 25 languages to choose including english, spanish, german, italian, french, russian, chinese and more.

After filling up your personal information the registration form asks you to choose a trading platform type, currently available platforms with XM broker is metatrader 5 and metatrader 4. If you do not know how to choose between them, do not get confused. Here are the differences between these two platforms. Generally, you can access your trading account on MT4 and MT5 with pretty much all devices such as PC, MAC, IOS and android. However, metatrader 5 additionally includes XM webtrader, meaning that you will not have to install any software, as you can have access to the trading platform online. The second difference between the platforms is that metatrader 5 offers its users to trade in stocks, stocks indices, and precious metals, while metatrader 4 is predominately a forex trading platform. To sum up, metatrader 5 is an upgraded version of the MT4 and has two main features added – XM webtrader and trading possibilities for stock indices and precious metals. It is completely up to you which platform you will go with, both of them is highly recommended by the traders all around the world and you can get your XM no deposit bonus does not matter which platform you choose.

Once you have made up your mind on which platform you will start trading you should choose the account type you want to start with. In the registration form, you are given 5 options that are currently available for XM customers. These accounts are micro, standard, XM zero, XM ultra low micro, and XM ultra-low standard. We will not give in the depth of differences between the accounts here, you can check the XM website account section where all related information is displayed.

One step away from getting XM free bonus

Once you submit the first part of the questionnaire, the second part of the registration will be. At this point, you are one step away from getting your XM free $30. The next part of the questionnaire is designed in a way to finalize your trading account details and for XM to simply determine the purpose of the client. This part of the registration is pretty small as well. You will be asked if you are a US citizen or not, this question is solely for tax purposes.

Next, you need to fill up your trading account details such as – account base currency, account bonus, and leverage. The last part of the registration is to provide information about your investment amount in USD currency, your employment status and intended purpose and nature of transactions.
After the questionnaire is completed the website will ask you to set a password on your account.

XM bonus transaction confirmation

Getting XM no deposit bonus on your account

XM bonus withdrawal

Why XM 30 USD no deposit bonus

*30 USD non-deposit bonus is not available to EU clients registered under the EU regulated entity of the group.

XM $30 no deposit bonus

Get the $30 welcome bonus to trade with XM without risking your own funds!

Free 30 USD you can get from the world’s leading broker!

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XM 30 USD no deposit bonus

Bonus information

bonus amount	30 USD for free
bonus requirements	open an account & complete verification
promotion period	unlimited
leverage	1:5 (1:888 for forex)
withdrawal	profit can be withdrawn*

30 USD is credited to new traders’ accounts for free. No deposit is required!

How to get XM’s $30 welcome bonus

Follow the simple steps below to get yourself a bonus today!

Sign-up and open an account with XM.
- You have only 30 days from the account opening date to claim the bonus.

Login to the client portal and verify your account.
- You must submit each copy of ID and proof of address to verify your account.

Claim for the ‘welcome bonus’ from the client portal.

$30 will be automatically credited to your account.

The bonus amount may vary depending on the base currency of your trading account as 30 USD, 20 GBP, 25 CHF, 3000 JPY, 30 AUD, 1000 RUB, 100 PLN, 7000 HUF, 40 SGD or 347 ZAR.

Deposit & withdrawal conditions

You cannot withdraw the bonus amount itself.

You can withdraw your profit generated after meeting he following requirements:

Trading volume of 0.1 standard lot

5 round turn trades

Any withdrawal of funds will cause the bonus amount to be partially removed from the account.

Terms and conditions

Here are some important rules of the promotion. For the full ‘terms and conditions’ of the promotion, please visit XM’s official website.

In order to claim the bonus, you must complete phone number verification and the voice verification process by following the on-screen instructions.

The promotion may not be available for traders of some regions.

The promotion is available only once per trader and IP address.

It may take up to 24 hours for the bonus to be credited after the request.

The bonus cannot be transferred to other accounts.

Posted by maria sanchez

For more information, please inquire to XM official website official website directly. In order to participate to the promotion, you must have a XM account. If you haven't opened an account yet, please open one from here for free.

XM official website is here.

Please click "introduction of XM", if you want to know the details and the company information of XM.

Xm 30 bonus withdrawal conditions

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You cannot withdraw the bonus amount itself which is 25 EUR, 30 USD, 20 GBP, 25 CHF, 3000 JPY, 30 AUD, 1000 RUB, 100 PLN, 7000 HUF, 40 SGD or 347 ZAR.

But you can withdraw profits made in the bonus account or the fund you deposited to the account.

In case of a fund withdrawal, the bonus amount will be proportionally removed from the account.

Here are the examples of fund withdrawal from XM’s $30 no deposit bonus account.

Example 1 – if you haven’t made a deposit

no deposit trading bonus amount	profits generated from trading with the no deposit trading bonus	balance available for withdrawal	amount of requested withdrawal	amount of trading bonus removal
USD 30	USD 100	USD 100	USD 40 (40% on USD 100)	USD 12 (40% on USD 30)

Example 2 – if you have made a deposit

no deposit trading bonus amount	deposit amount	profits generated from trading with the no deposit trading bonus	balance available for withdrawal	amount of requested withdrawal	amount of trading bonus removal
USD 30	USD 500	USD 100	USD 600	USD 360 (60% on USD 600)	USD 18 (60% on USD 30)

Requirement of fund withdrawal

In order to be able to withdraw profit from the bonus account, you must meet the following requirements.

Trade at least 10 micro lots (0.1 standard lots)

Trade at least 5 round turn trades

You cannot withdraw profits from the bonus account if you haven’t met the above requirements yet.

For more information about the promotion, please visit XM $30 no deposit bonus page or XM official website.

Posted by FXBONUS.Info

Please check XM official website or contact the customer support with regard to the latest information and more accurate details.

XM official website is here.

Please click "introduction of XM", if you want to know the details and the company information of XM.

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Forex brokers

Here you can find the list of online forex & CFD brokers which run bonus promotions.

How to start trading with XM no deposit bonus

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There are a bunch of different ways you can use to take your forex trading game to the next level. These include improving your knowledge by reading trading-related books and online tutorials, increasing your experience by trading with demo accounts, and ensuring the safest trading ventures by choosing a trustworthy broker.

One additional element of forex trading that can more or less affect your trading outcome is bonuses. Depending on where you live and where you’re trading forex, your broker may or may not come with such bonuses mainly due to regulatory restrictions. And if it does come with such bonuses, then you can start figuring out whether you can trust them or not.

XM welcoming bonus is one of the best opportunities for those who want to start forex trading with no money. Both beginner and experienced traders are to apply for it. With its 10 years of experience in the forex market, XM has a reputation of a reliable broker that constantly provides good service to its customers. In this XM no deposit bonus review, you will get to know what exactly is a no deposit bonus, how it works, and most importantly, how can you claim your free $30 today.

XM no deposit bonus description

Just like other brokers in the forex trading market, XM is also offering a no deposit bonus to promote its service and attract new customers. The bonus is for every trader who is eligible for opening a trading account with XM. All traders who will register with the broker for the first time will receive 30 USD on their account without depositing even one cent on it. Those who have accounts in different currencies will receive the equivalent of it, south africans having an account in ZAR will receive 347 ZAR from the broker.

XM no deposit bonus $30 is solely for trading purposes, meaning that individuals who receive it will not be able to withdraw it. Getting no deposit bonus from XM does not give you any financial obligation – if you lose the bonus money completely -that’s absolutely fine. On the other hand, the profits made with the bonus can be withdrawn at any time.

One additional piece of information to share here is that the no deposit bonus at XM is only available to south african forex traders. Unfortunately, traders from other areas cannot access this promotion this time.

XM no deposit terms and conditions

As we have mentioned in the following review of XM no deposit bonus, this promotion does not have any financial obligation from the traders’ side. However, it does have terms and conditions that the trader should be aware of:

First things first, as it is XM welcoming bonus, only new clients are able to get it. If you already have an account with XM, unfortunately, you are not eligible.

The client who wants to claim the bonus should fulfill some basic criteria. An individual should be eligible to trade according to the laws of south africa – the only country where this bonus is available for now. An individual should not be under 18 years old and should not be considered as a minor in his country of residence. Minors are not allowed to open a trading account at all.

New customers are permitted to get XM $30 bonus only once, it is connected to the one and unique IP address, meaning that there can only be one bonus for one IP address. Customers also cannot open several trading accounts with the same registration details to get more than one bonus.

Transferring the bonus money from one real account to another is not possible. The bonus money can be used for trading on the same account it was initially applied to.

How can you get XM $30 no deposit bonus?

Receiving XM free $30 is easy even for the traders who are new to the forex trading industry. To claim your bonus, you need to open a real trading account with XM. Once you go to the XM’s website, you should head over to the page of promotions where you will see several offerings. Currently, XM is suggesting no deposit and deposit bonuses. You need to choose XM 30 USD no deposit bonus, click “read more”, and the button will transfer you to the bonus page. There you can find full information about the bonus and how it can be used. Now let’s go step by step on how to get the free $30 from XM.

Step #1 – opening a real account

As our XM no deposit bonus review shows, the first step is opening a real account with XM. You need to fill the registration form that consists of two parts. You need to provide your personal details such as name and surname as it is written in your identity document, country of residence, and preferred language. Your valid email, that you are using and your phone number. Both of them will be needed for fulfilling the next steps, therefore make sure to provide valid information, otherwise, you will not be able to receive the XM 30 USD free bonus.

The registration form will ask you to make two important choices. First, you need to select which platform you want to choose. Currently, there are only two trading platforms available with XM – metatrader 4 and metatrader 5. It is up to you which one you select, but you need to make the choice depending on your trading needs and requirements. If you are not sure about the differences between these two trading platforms do not get confused, there is not a big difference. MT4 is predominantly a forex trading platform, while with MT5, traders can trade other instruments such as indices, precious metals, and more. If you want to know more about metatrader features and the differences between these two, check out the trading platforms review for more details.

You need to select the type of account you want to hold with the XM forex broker. During our review of XM no deposit bonus, we have discovered that the account type does not affect the XM deposit bonus. XM is offering five types of trading accounts and you can choose the one based on your needs and trading goals/plans. These accounts are micro, XM standard account, XM zero, XM ultra-low micro, and XM ultra-low standard. We will not go into details of the account types here, you can find detailed information about them in XM detailed review.

After finishing the first part of the registration, the next page of the questionnaire will appear. After filling it up, you will be just one step away from getting the XM $30 bonus. On this step, you need to provide the details of your trading account such as the account currency, leverage, and account bonus. After it, you need to fill investor information – what is your investment amount in USD, your employment status, and so on.

Once you are done with the registration process, you need to log in to the member’s area to receive the XM welcoming bonus. You will receive an email from XM on the email address you mentioned while registering. Via email, you will receive your ID for the members’ area. You can reach your trading account with this ID and the password you have indicated in the registration form.

Step #3 validate your XM account

The next step is the account validation. It is done very simply without much hassle. Once you log in to the members’ area, you will see the button requesting you to upload your documents for verifications. You need to upload two types of documents on the platform, namely:

1 – ID- a color copy of a valid passport, driver’s license, or any other legal document that proves your identity.
2 – POA – (proof of residence) it can be a bank statement or utility bill that dates within the last 6 months.

It may take a few days until XM approves your documents.

Step #4 claim your XM no deposit bonus

It can be done with just one click in your trading account! And, we have already mentioned this in our XM no deposit bonus review, the bonus is credited to your account right away.

Step #5 verify

The last step is verifying your XM no deposit bonus, after which you are good to go! The verification is done by SMS or voice verification. After it is done the broker will transfer the $30 on your trading account. Usually, the transaction takes up to 30 minutes, however in some cases, it might take 24 hours, so do not worry if the money will not appear on your account right away.

You can start trading right after you receive the money. We hope that your trades will be successful and soon you will want to withdraw your profits, so let’s see how it is done and what are the XM no deposit bonus withdrawal conditions.

XM no deposit withdrawal policy

As we have already mentioned, you cannot withdraw the initial deposit money as it is for trading purposes only. Let’s say you have traded for a while, if you want to withdraw the money, the initial amount of XM $30 bonus will be removed proportionally.

To withdraw the money you need to complete at least five round turn trades and the trading account should reach 0,1 standard lots. All of the no deposit bonuses have some kind of trading volume requirements. While some of them can be impossible to reach by beginner traders, XM no deposit bonus trading volume requirement is acceptable and realistic.

Why XM $30 free bonus?

XM free bonus is truly one of the best no deposit bonus offers that is available on the forex trading market today. The fists thing that speaks well about the bonus is the quality and reputation of the broker itself. As XM is regulated by the most trustworthy regulators in the world there is no possibility of getting yourself in some kind of scam or fraud with the broker. At the same time, it has been operating on the forex market for ten years now and has well established and developed services. It is very easy to claim the XM no deposit bonus 30 USD, and most importantly the conditions are well designed for even beginner traders. Hence, if you do not have a long trading experience, you can still be profitable with the XM bonus.

XM no deposit bonus

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Forex trading is one of the most multifaceted and complex forms of financial activity in the world. It involves analyzing a bunch of asset price movements, economic and political developments, volatility channels, and whatnot. In short, you have to be constantly aware of various market forces to never miss the chance.

One of the ways the brokers try to make this complexity a bit more bearable is by offering different bonus promotions. Whether it’s deposit bonuses, refer-a-friend bonuses, or no deposit bonuses, the main goal with these promotions is to help you take your trading game to the next level.

With that being said, however, you need to make sure that you’re getting the service from the most trustworthy broker possible. Otherwise, its bonus will be yet another lure that attracts you and leads you to your eventual demise.

XM forex broker has already proven that it is one of the best choices for a south african trader. Besides that, they are one of the only brokers that offer a no deposit bonus for their customers. The brokerage offers trading on the popular metatrader 4 and metatrader 5 platforms with their free XM no deposit bonus of 30 USD (420 ZAR). The beauty of the offers is the fact that you do not have to deposit anything. What this means is that as soon as you sign up you are immediately eligible for that 420 ZAR. This is one of the best ways to start off in forex trading as it lets you taste the market, without having to pay your own money.

In the following review of XM no deposit bonus, our team of expert reviewers at topforexbrokers will help you understand what makes this bonus so unique, as well as trustworthy.

XM no deposit bonus review

The registration for the bonus is very easy. The only thing you will need to indicate is your email and phone number. The number will not be used for those pesky telemarketing campaigns, and will only serve as a confirmation method when utilizing the broker’s feature. The XM no deposit bonus is very fast to be credited. The moment you apply for it the process begins and could last 24 hours tops, however it usually takes no more than 30 minutes. After those 30 minutes, you will get your XM bonus account and will be ready to start trading without hassle.

To give you a more detailed description of the registration process for XM no deposit bonus, here’s the list of steps you need to take:

Open a live trading account at XM – before anything else, you need a live account to be eligible for the no deposit bonus at XM. And as our XM no deposit bonus review shows, it literally takes just a couple of minutes to set up that account with this broker. You need to provide your basic details, such as your full name, date and place of birth, residence address, and employment details for the KYC procedure. After that, you need to verify that information by uploading your national ID/passport/driver’s license and bank statement/utility bill. Once that’s done too, you can go ahead and apply for the no deposit bonus itself.

After you create your very-first account at XM, you need to head over to the member’s area where you need to opt for the no deposit bonus offered by XM.

Then you need to verify your claim. You can do this either by the SMS or voice verification. And once that’s done too, you’re pretty much good to go; your $30 XM no deposit bonus is ready to be used in your forex trading endeavors.

XM trading platforms

Although there is software that is superior to the MT4 and MT5, we still believe that these two are some of the best available ones still. Sure they may be a bit outdated but they get the job done, and there is not too much you can improve a trading software with. The simple design of the software that XM forex broker uses is definitely a very big plus to the whole experience.

The best thing about the whole ordeal is that XM understands the hectic lifestyle of today’s society, therefore they also offer an option to trade on your smartphone.

XM no deposit bonus withdrawals

The fact is that the same policy is applied to the XM no deposit withdrawals as to their regular accounts. As our review of XM no deposit bonus shows, there are no related fees, everything you make is pure profit and can be withdrawn. However, there is one setback, which is pretty much the industry standard. You cannot withdraw the bonus or the profits until you reach a certain amount of trades. For example, the broker may require that for the $30 bonus you would have to make at least $5,000 ( 70,000 ZAR) trades. This is no setback, however, as over time, you will learn enough and use the leverage, by which point reaching that mark will not be hard at all.

XM no deposit bonus guide

As already mentioned the XM bonus is quite easy to get. Over 1.5 million of its users have the opportunity to utilize it, this should already give you an idea about the size of this brokerage. Now with all of the reassurance about the forex broker, let’s dive into the detailed guide on how to get the bonus.

Go to the XM website, choose south africa and then click on the green button that says “open an account”;

Fill out all of the personal information, no need to worry, all of that info will be safely encrypted and stored;

Choose which software you would like to use, it can only be either MT4 or MT5;

Choose an account type, you can find more detailed info about the accounts in our XM review;

Confirm all of your emails, log-in your account and apply for the bonus after filling in the payment methods, this is where all of your profits will go;

Wait for 30 minutes to an hour and your bonus will be transferred;

Start trading;

As you can see from our XM no deposit bonus review, this process is extremely simplified, therefore there are no complications with it. The XM no deposit bonus is probably one of the easiest to get out of all the brokers so far.

So you don’t deposit anything?

That’s right! You have already noticed that there was no segment dedicated as to how you deposit. Well, you don’t have to, it’s indicated in the name, XM no deposit bonus. You may think that this is a terrible business model, but in all honesty, this bonus is what got most of the customers to remain or even find XM. There are also other types of bonuses to go around, such as the XM loyalty deposit bonus and the XM deposit bonus, but that is a story for another day.

The reality is that the funds that are given to you when you register, is solely covered by the company. The only thing you need to know is that you cannot withdraw that 420 ZAR, you will have to wait until you have made at least some kind of profits before you are eligible.

Naturally, making your millions with just 420 ZAR is going to be hard, so don’t expect too much very quickly. All I can suggest is that you keep at it, work your way up and if need be, boost your portfolio with a deposit once you get acquainted with the platform.

It’s also important to note that XM is fully regulated in south africa, so no matter what your funds will be protected by the FSCA. So what’s holding you back? The free XM bonus may not be here forever.

XM deposit bonus: policies and limitations

Platform

Expiration

Min. Volume

If you are someone who trades on the forex market for a while now, you shall definitely know the XM forex broker. As that is undeniably one of the most reliable and trustworthy ones out there. However, if you are a beginner, you shall undeniably consider taking a look at it. This is a broker you should go for if you are looking for trust and reliability, as well as if you are seeking for the beneficial XM deposit bonus.

With the metatrader 4 and metatrader 5 platforms, the brokerage gives you a wide spectrum of ways to increase your trading profit. Moreover, that allows you to get the deposit bonus we will talk about in more details in that article. Reliability is vital for one to make a deposit with a broker and this is why we have decided to highlight the main points of the XM deposit bonus. However, now without any hidden conditions, XM gives you an impulse with their new deposit bonus for you to start trading right away. Should you or shouldn’t you go for it? Find out in the XM bonus review!

XM deposit bonus description

XM forex broker guarantees that your account will be increased by 50% for any deposit below $1,000. Thus, if you deposit, for instance, $50, then you will get an additional bonus of $2.50. And your trading capital will reach $7.50.

However, the maximum amount of the bonus that might be received equals $500. That means that you are granted a 50%-bonus only until your deposit does not exceed $1,000.

Once your deposit amount is more than $1,000, you will still have that 50% added on the first $1,000 of your deposit. Also, 20% will be given as a bonus for any amount more than that.

This means if you deposit an amount of USD $22,500, your account balance will become USD $28,500. The math on this is pretty simple and you can see it in more details in this table:

Any account holder can have his own bonus! No matter if you are a new customer or have been trading with XM for years. However, as you see from the table above, the biggest bang for your buck can be achieved with actually a $1,000 worth deposit.

XM bonus limitations

That is important to mention that the bonuses are not available on the XM ultra low account, as well as on the XM shares account.

This is not a limited one-time deal offer. If a client an XM bonus deposit worth $250 four times, $125 will be added each time to the account until it reaches the $1,000. However, the maximum bonus a person can receive is $5,000. Trading bonus is there to help new and existing clients to hold their positions open for a longer period. XM forex bonus is not eligible for clients registered under trading point of financial instruments ltd and trading point of financial instruments UK ltd.

XM trading bonus withdrawal policies

Even though getting a deposit bonus is easy with that broker, the withdrawal procedure is not that primitive. And is rather targeted to make traders leave the funds on their accounts.

Therefore, when you are trying to withdraw funds from your XM bonus account, the broker will charge you with the amount of the bonus that will be proportional to the amount of the funds for withdrawal. Just to illustrate: imagine you deposited $1,000 and you were given $500 as a bonus (50%). Then you decided to withdraw $250 (25%) out of $1,000 available, as you still can’t withdraw the bonus. As a result, a total sum of $125 (25% of the bonus) will be removed.

But, for instance, if you have managed to generate some additional profit, then the picture will be a bit different. Imagine that you have deposited $1,000, received a $500 worth XM deposit bonus, and things turned out to be great for you. And you gained a profit of $2,000 from trading. Now you have $3,000 available to withdraw and you want to take them all out of the account. In that case, $500 of the bonus will be removed just because that will equal 100%. Maybe the table will help you to understand that easier:

Another XM bonus program

XM forex broker is constantly coming up with innovative bonus programs that will ensure that traders will stay loyal and interested. Thus, augmented XM points service was recently launched as an added bonus one may use while trading on the platform. You can subscribe and unsubscribe to that any time you want without any restrictions.

XMP has a status of reward for the loyal customer. Thus, as you trade, you received those bonus points that might be later transferred to the monetary bonus. That can be calculated in the following way:

However, in order to received XMP in the first place, you need to create an account and sign up for the loyalty program. There are several you may choose from XM executive, XM gold, XM diamond, XM elite.

If you are the part of the executive loyalty program, then you will receive 10XMP per lot straight away. If you are the gold loyalty program’s member, then you will receive 13XMP per lot after at least 30 days of trading. If you are a member of diamond loyalty program, then you will be guaranteed to receive 16XMP per lots only after 60 days of trading on the platform. Finally, if you are the holder of elite loyalty program, then you will be provided with 20XMP per lot after 100 days of trading with XM broker.

So, imagine you have 10,000XMP gained and you have decided to redeem 3,000XMP. Then, according to the formula provided above, you will receive $1,000 of bonus and will still have 7,000XMP on your account to convert and withdraw later.

However, there are some details worth mentioning when it comes to withdrawal of XMP from an account. For instance, you have 3,000XMP to redeem and you have gained an additional $1,500 while trading that you are allowed to withdraw. You have decided to withdraw only the part of it, $750, which is 50% of the total sum stored on the account. That means that the same 50% will be removed from your XMP bonus, which will equal $500 (3,000XMP / 3= $1,000). Take a look at the table below to understand the process better:

XM broker account types

There are various account options available while registering with the XM broker. Thus, you can choose between micro, standard and XM ultra low one. They differ depending on the size of lots, as well as the minimum deposit rate and leverage, availability of the bonus.

The micro account has a leverage of 1:1 to 1:888, the spreads can be as low as 1 pip, the minimum deposit can be $5, the minimum trade volume is 0.01 lots, and there is no commission charged. However, you won’t be able to obtain an XM deposit bonus on that account.

The standard account has a leverage of 1:1 to 1:888, the spreads can be as low as 1 pip, the minimum trade volume is 0.01 lots, the minimum deposit is $5 as well. And you can obtain bonus using that account.

The XM ultra low account has a leverage of 1:1 to 1:888, the spreads can be as low as 0.6 pip, the minimum deposit should be at least $50, the minimum trade volume is 0.01 lots, and there is no commission charged. And you cannot get the bonus on that account as well.

Among the currencies available for trading there are:

Advantages

Even though we would recommend you to open an account with XM, there is one big benefit of the XM deposit bonus. It comes with a multi-account availability. When an XM bonus deposit comes to an account and then it’s transferred to another one, the bonus value will be transferred as well! The system calculates the share of the bonuses that should be transferred and makes sure you get an equal proportion on your other account. This is quite comfortable, as many brokers would simply remove your bonus if you try to move funds from one account to another.

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XM deposit and withdrawal methods in 2021

In our xm.Com broker review, we described the basic features and offers of this famous forex broker. In this article, we will analyze only deposit and withdrawal options.
XM is one of the leading foreign exchange (forex) brokers globally, and millions of traders worldwide are using XM for forex trading. Many of these forex traders are investing large amounts of money for forex trading. They would like to find out the XM deposit and withdrawal methods to make a decision accordingly. One of the factors affecting the choice of the deposit or withdrawal method is the country in which the trader is residing. Some payment/withdrawal methods are popular in each country due to several factors, and the trader will usually use that method since the fees will be less. Unless specified, the currencies for the deposit and withdrawal methods are USD, EUR, GBP, CHF, HUF, PLN, AUD.

XM deposit and withdrawal methods are online payment methods that XM forex broker allows for traders. XM.Com deposit and withdrawal methods are credit card, debit card, neteller, skrill, unionpay, bank wire. XM withdrawal options for partners are skrill, neteller, and bank wire.

XM offers payment options for traders, such as:

VISA

VISA electron

Mastercard

Maestro

Diners club international

Unionpay

XM card

Skrill

Neteller

Web money

Bank wire

The minimum deposit for an XM account is $5 for MICRO and STANDARD forex trading accounts, $50 for ULTRA LOW trading accounts, $10 000 for SHARES accounts.XM minimum withdrawal value is $5 for MICRO and STANDARD forex trading accounts, $50 for ULTRA LOW trading accounts, while for SHARES accounts is $10 000. The minimum deposit value for the XM account and minimum withdrawal for the XM account is related to the type of order and not the payment method. Skrill withdrawal option is one of the most used payment methods, and the minimum deposit for skrill (withdrawal too) is based on account types.

XM deposit methods

How to deposit the XM account? There are several XM deposit options:

XM credit/debit card

XM accepts deposits using credit and debit cards from visa, visa electron, mastercard, maestro. The minimum deposit amount is $5, and the amount is immediately credited to the user’s forex account. There are no fees for using this deposit method. Since most people have a debit or credit card, this deposit method is widely preferred. However, most credit and debit cards have a limit, so the amount which can be deposited is also limited.

XM electronic payment

All the electronic payment methods have no fees and a minimum deposit of $5. Neteller, skrill, and unionpay are some of the electronic payment methods. For neteller and skrill, the amount is credited to the forex account immediately, while for union pay, the deposit will be processed within 24 hours. Cash only accepts USD deposits and przelewy24 accepts PLN deposits, and the amount is instantly credited to the forex account. For bitcoin, deposits in only three currencies, USD, EUR, JPY, are accepted, and it may take up to one hour for the payment to get processed.

XM banking

For sofort banking, deposits are only accepted in eur & GBP. Though the minimum amount is $5, and there are no fees, the deposit processing time will vary depending on the country. For conventional bank transfer of deposit amount in the forex account, at least two hundred USD or equivalent will have to be deposited in the forex account at a time. The fees depend on the bank, which is used. The amount deposited in the bank account will be credited to the forex account within two to five business days.

XM withdrawal review

If a user wishes to withdraw his money from the XM account, they will have to provide the know your customer (KYC) documents, which are specified. These documents are necessary to prevent money laundering according to the various regulatory bodies’ requirements in different countries. XM has an online and offline form where the customer’s personal information and background details have to be provided. This information will help XM in providing better service to their customers.

Compared to deposits, there are fewer withdrawal methods, which are discussed below. Unless specified, the XM user will have to withdraw at least five USD at a time, and there are no fees for withdrawal. The processing time for the withdrawal request is usually 24 hours on working days if the customer has completed the KYC requirements and submitted the documents required. These documents are the identity proof and proof of address of the trader. However, the amount will be credited to the linked bank account, usually only after three to five business working days.

XM credit cards and electronic payment

Visa, visa electron credit and debit cards, maestro and mastercard credit cards can be used for withdrawing funds. Unionpay is another option for fund withdrawal. Similarly, skrill ( earlier called moneybookers) and neteller are electronic payment methods used for fund withdrawal. Bitcoin can also be used for withdrawing the money in the XM account, though funds can only be withdrawn in USD, EUR, and JPY. Usually, credit/debit card withdrawals are given top priority by XM, followed by bitcoin withdrawals and neteller/skrill (e-wallet) withdrawals.

XM bank wire transfer

Many of the forex traders are trading in large amounts, and they prefer to make bank wire transfers to withdraw their profit.

The smallest amount permitted for making a withdrawal to a bank account is two hundred dollars. The withdrawal fees will vary based on the bank selected by the trader. The amount is usually credited to the bank account two to five business days after the withdrawal request is made. XM may process the bank withdrawal requests more slowly. The longest period XM bank wire transfer withdrawal was 5 days in my case in the last 8 years.

XM fund safety

To keep their clients’ funds, the forex traders, safe, XM is taking all measures to prevent unauthorized access to their information systems. All the funds of their clients are segregated and kept with the most reputed banks worldwide. Additionally, XM is also offering negative balance protection to their clients. XM has a risk management system implemented, which will ensure that the trader’s loss will be limited to the amount deposited with XM only.

Forex trading without any deposit

Many people are interested in forex trading yet do not have the money to take the risk. However, it is still possible to get some experience in forex trading without making a deposit.

XM no deposit bonus

To encourage people who are curious about forex trading, XM offers a $30 no deposit bonus to all those who create a new account with XM. This allows the new trader to take the risk of trading without risking his own money. The amount is directly credited to the live trading account and helps the trader understand market conditions.

XM demo account

XM also allows new traders to create a demo or virtual account to trade in forex with virtual money. The trader will be given $50,000 in virtual money for each account created, which he can use for trading, becoming familiar with the features, and testing strategies. A trader can create any number of demo accounts to practice trading. If the demo account is inactive for a long period, it will be deleted immediately.

So, let's see, what we have: claim your 30 USD XM welcoming bonus with opening the real trading account with XM broker. Start your successful trading experience today with free bonus. At xm 30 bonus withdrawal conditions