Xm bonus review

Getting the bonus is fairly simple. A user only has to register on the platform and activate the account.

Top forex bonus list

XM No Deposit 30 USD Bonus; read an honest review, xm bonus review.

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.

XM no deposit 30 USD bonus – read an honest review

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XM forex broker is a great place to get started for a next FX professional. This broker gives you access to XM no deposit 30 USD bonus campaign and allows you to use metatrader4 and MT5. This is one of the only brokers that makes MT4 live trading available to you without making a deposit. You should certainly try this XM no deposit bonus, as metatrader 4 is the platform you will most likely have to change to eventually and this promo campaign lets you test drive the platform without any deposits.

XM free 30 USD no deposit bonus description

Getting the 30 USD no deposit bonus on XM is pretty easy. The only thing you need, except for the wish to trade forex, is to go through XM registration, get your account, and confirm your phone number via SMS. As for the bonus, within the maximum of 24 hours (but usually in around 30 minutes), you will get the money credited to your account and you will be able to trade currencies online with XM without making a deposit.

XM free trial available platforms

When it comes to FX trading online, the choice of available trading platforms becomes quite important. Most of the traders end up on MT4 or MT5 platform and this is certainly an advantage of XM. With XM FX broker, traders using mac laptops and desktops will find a hustle way to trade since they offer native access to metatrader 4 for mac OS. Also, the MT4 web platform is also available with XM, this trading terminal could be used for windows and other operating systems too. Like most of the brokers, XM account also enables you to trade on your smartphone.

XM 30$ bonus terms and conditions

XM no deposit 30 USD bonus is unavailable for withdrawals, however, every cent from the profit is yours. You can take your time and only make relevant trades that get you great money on the XM no deposit bonus.

XM free account critics

Many traders have been complaining about this promotion and XM broker in general, this is why forex trading bonus team would strictly advise against it. You may, of course, try your luck and see how fast you can triple your initial balance, however, some traders did have their accounts removed without any prior notification.

We decided to check this bonus on our own. We have to admit, we were positively surprised by the quality of services and web platform from XM. This is why we recommend you try XM trading bonus!

How to get XM $30 no deposit bonus?

XM is a quickly growing international investment firm with over 2.5 million users and 300 professionals. The company offers a trustworthy and convenient trading environment and is one of the few brokers who will allow MT4 live trading without making any deposits. After getting their XM global login, users will be rewarded with $30 no deposit bonus that is available for trading right away. It shouldn’t take longer than a day for the funds to show up in the account.

Steps for getting the no deposit XM bonus:

Getting the bonus is fairly simple. A user only has to register on the platform and activate the account. The registration procedures are very easy to follow. On any page on XM’s website, in the top right corner, there is a green button titled “open an account”. Clicking the button will start the registration process.

The registration includes filling out a standard questionnaire. The first part of it is depicted on the screen below. In this section, the user is asked to fill out some details like name, country of residence and a phone number. A user will also get to choose an account type and trading platform type on this page.

After this information is filled out, the second part of the questionnaire will load. Here, the user is asked to provide some additional details, like the date of birth and address.

The website will also ask whether the user is a US citizen or not, as well as some additional questions to determine the purpose of the client. Once, this information is filled out, the user will set the password, agree to the terms and conditions as well as some other policies that can be viewed through the links and will click the button “open a real account”, and with that, you XM signup will be complete. Don’t stress out, your free XM bonus is almost here!

Once the questionnaire is complete, the user is very close to getting the bonus. All that is left to do is to confirm the email. The notification will be generated and the user will be asked to check the inbox of the indicated email address. Through the link provided in the email, the user will be able to confirm the transaction.

After confirming the transaction the user will finally get to log into the system using their XM members login . They will also be assigned an MT4 ID, which functions as a username when logging into the platform.

The XM no deposit bonus should show up on the account within a day after completing the registration process. The $30 no deposit bonus from XM cannot be withdrawn but can be used to trade in the system. It is a great feature to test the platform and get acquainted with it. It is an especially good feature for beginners, who might not want to risk their own funds while figuring out the basics of trading.

XM review

Regulated by cysec and the FCA (UK)

Minimum deposit

Welcome bonus

US traders not allowed

Screenshots

Full review

XM is the forex brand of trading point holdings ltd. This company is located in limassol, cyprus. It has a trading branch in new zealand and the UK. Trading point NZ ltd is registered with the FSP under registration no. FSP235905, while trading point of financial instruments ltd is regulated by the cyprus securities and exchange commission (cysec) under license number 120/10. The company is also registered with the financial conduct authority (FCA) with license number 538324.

Special offers and bonuses

XM has a loyalty program as well as various bonuses and promotions.

A) there is a no-deposit $30 account bonus which is given to new traders to be able to get a feel of what the market is like when trading with real money.

B) there is also a two-tier account opening bonus, which requires a deposit to activate. Traders can get 50% of their account deposit up to a maximum of $500, as well as an additional 20% bonus when total account deposits total $5000.

C) traders can also gain XM points, which can be exchanged for cash or for bonuses. This is the XM loyalty program, which is only open to real account holders. Points can be earned on every lot traded without upper limits, and these points can then be redeemed either for real cash or credit bonus rewards.

D) finally, there are several seasonal bonuses (such as bonuses awarded at christmas) and some other invitation only bonuses.

XM also has a number of trading contests where traders can trade on real accounts in order to win prizes.

A) there is a starter contest so that traders can get to see what trading contests are like. This is a contest which pays $20 to its winner.

B) THE BIG SMALL trading contest pays out a guaranteed sum of $2000. It commences every thursday at 14.00 server time. Traders start off with $10,000. Registration starts with a ticket price of 100CAD, with a top-up of $C50 hourly if needed.

C) the BIG FREE trading contest is free to join and features a guaranteed prize pool of $500. It is a weekly contest.

Types of trading accounts

The following account types are available on XM:

A) micro: the minimum contract size on the micro account is 0.01 lots. The minimum deposit on a micro account on XM is between $5 and $20,000. As far as leverage is concerned, there are two leverage amounts allowed. There is a maximum leverage of 888:1. Spreads on all majors is variable and starts from 1 pip. The maximum trade size is 100 lots and a maximum of 200 orders can be opened at a time. Hedging and the use of expert advisors are allowed on the micro account.

B) standard: when it comes to the standard account, we can say that the same conditions that operate on a micro account also operate on the standard account, with the exception of the contract size which is a minimum of 1 standard lot. Traders also need to deposit between $20,000 and $100,000 to be able to trade the standard account. The maximum trade size is 50 lots.

C) executive: maximum leverage on the executive account is 100:1, with minimum account balance of $100,000. The minimum trade size is 50 lots, and the use of experts and hedging strategies is also allowed.

On all account types, traders can also open swap-free versions in accordance with islamic principles of investing. All accounts can also be operated in multiple currencies: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB.

Trading platform features

XM offers its clients the following trading platforms:

A) XM MT4: this is the standard MT4 platform and comes in two versions; one for windows computers and another for mac computers.

B) XM multiterminal: this is the MT terminal specially designed for fund managers and those trading multiple accounts on XM.

C) XM mobile platforms: several mobile platform are available for trading on XM. These include the XM droid trader for android devices, the ipad and iphone trader and the mobile trader for windows phones.

D) XM MAM trader: this is the trading platform specially dedicated to the PAMM account model of trading.

E) XM webtrader 4: this is the web-based version of the MT4 platform.

Commissions and spreads

Below is the table of spreads for the micro accounts on one hand, and the standard/executive accounts on the other.

A) spreads on micro account

B) spreads on standard/executive account

Charting packages

The charting packages are in-built to the trading platforms in use on XM.

Education and demo accounts

Traders can get access to a $100,000 free and unlimited demo account.

Customer service

The customer service desk is available 24 hours a day and five days a week through the following channels:

There is also a live chat service available in several languages for traders to get instant solutions to their issues.

Deposit and withdrawals

Deposits and withdrawals are made easy due to the various methods of transaction that are available to traders. Deposits are made with the following methods:

– credit cards: VISA and VISA electron, mastercard, diner’s club, maestro and unionpay

– electronic payments: sofort, webmoney, ideal, skrill, paysafe, cashu, giropay, moneta.

– western union and moneygram

Deposit limits are set at a minimum of $5 for all methods except for western union and moneygram which have minimum deposit limits of $100.

Withdrawals are processed in 24 hours for all methods of transaction. Minimum withdrawal amounts are $5 for all methods of transaction except for bank wires where withdrawal amount is set at a minimum of $200.

Conclusion

The XM platform is going to be a thrill to use for those who want to partake of the special features and simplicity of the MT4 platform. The trading contests can also be a good mechanism for traders to make money and add to their trading capital. With an array of deposit and withdrawal methods of transaction, traders can also transact on their accounts in many ways, giving them versatility.

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.

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 бонус обзор

Перед тем, как начать предприятие в интернет-трейдинга, это в ваших интересах, о различных производителей. Есть много интернет-платформ, претендующих на торгах лучшее предложение, но чтобы убедиться, что вы получите лучшее из всех, вы должны исследовать немного.

Искать несколько лучших брокеров и посмотреть, что их отзывы должны сказать. Говоря о которых, мы рассматриваем XM и посмотреть, является ли это достаточно хорошо или нет.

XM обзор компании

XM была создана еще в 2009, и с тех пор ее пользовательская база расширилась до более чем 700,000 люди сегодня. XM продолжал утвердить себя в качестве надежного инвестиционной компании и стала лидером отрасли. Штаб-квартира компании находится на кипре, в то время как есть представительства по всей европе. В настоящее время в компании работает более 180 специалисты, имеющие многолетний опыт работы, обслуживающих финансовую индустрию под их поясом. XM введены до 25 обеспеченные способы оплаты через своих трейдеров 196 страны.

XM информация поддержка клиентов

XM имеет лучшую поддержку клиентов. The 24/7 поддержки клиентов чата очевидно. Кроме этого, он предлагает 24-часовую горячую линию в большинстве стран. Более того, чтобы обеспечить высокие стандарты, компания сделала уверен, что поддержка доступна в 20 разные языки. Существует также официальный представитель по электронной почте, чтобы помочь пользователям.

XM торговая информация об учетной записи

XM бонус предлагает три различных счета, микро, стандартный и XM ноль (премиум аккаунт). Базовая валюта для всех учетных записей такое же, доллар США, евро, JPY, AUD, форинтов, PLN, НАТИРАТЬ, SGD, и ZAR, для XM нулю, за исключением, она принимает только USD, евро, и японская иена. Рычаги такое же; минимум 1:1 к 1:888 а максимум 1:1 к 1:100. Размер контракта начинается с 1 много- 1000 к 1 много 100,000. Минимальный депозит для микро и стандарта $5 тогда как его $100 для XM ноль.

XM торговые особенности

XM имеет некоторые особенности рынка ведущих. Первый, нет комиссии или плата за сделок, совершенных клиентами. Максимальное кредитное плечо предоставляется на веб-сайте; его 888:1. Максимальный торговли, что возможно на этом маржинальная $1000. Есть также несколько других функций, включая скальпинг, хеджирование и авто сигналы. Есть многочисленные активы, имеющихся в запасах и иностранной валюте.

XM trading software

XM предлагает широкий спектр торговых площадок все они основаны на МТ4. Эти платформы предназначены, сохраняя при этом потребности пользователей в виду, хотя это компьютер, планшет или смартфон. Торговцы не будет иметь никаких проблем при использовании XM на их iphone и android. Также, он совместим как с windows, и mac. Торговля на ходу ли вы использовать его на ipad или android tablet.

Бонус система XM

XM предлагает различные бонус. Существует даже приветственный бонус $30 (форекс нет депозит бонус). Это удваивает на первый депозит. Существует лояльным программа клиент предназначен для постоянных клиентов и предлагает много места размещения. XM предлагает бесплатные услуги VPS весь день вокруг. Он также предлагает бесплатный месяц форекс конкурс, где пользователи могут мешок вплоть до $20,000.

XM review

Regulated by cysec and the FCA (UK)

Minimum deposit

Welcome bonus

US traders not allowed

Screenshots

Full review

Special offers and bonuses

XM has a loyalty program as well as various bonuses and promotions.

A) there is a no-deposit $30 account bonus which is given to new traders to be able to get a feel of what the market is like when trading with real money.

D) finally, there are several seasonal bonuses (such as bonuses awarded at christmas) and some other invitation only bonuses.

XM also has a number of trading contests where traders can trade on real accounts in order to win prizes.

A) there is a starter contest so that traders can get to see what trading contests are like. This is a contest which pays $20 to its winner.

C) the BIG FREE trading contest is free to join and features a guaranteed prize pool of $500. It is a weekly contest.

Types of trading accounts

The following account types are available on XM:

Trading platform features

XM offers its clients the following trading platforms:

A) XM MT4: this is the standard MT4 platform and comes in two versions; one for windows computers and another for mac computers.

B) XM multiterminal: this is the MT terminal specially designed for fund managers and those trading multiple accounts on XM.

D) XM MAM trader: this is the trading platform specially dedicated to the PAMM account model of trading.

E) XM webtrader 4: this is the web-based version of the MT4 platform.

Commissions and spreads

Below is the table of spreads for the micro accounts on one hand, and the standard/executive accounts on the other.

A) spreads on micro account

B) spreads on standard/executive account

Charting packages

The charting packages are in-built to the trading platforms in use on XM.

Education and demo accounts

Traders can get access to a $100,000 free and unlimited demo account.

Customer service

The customer service desk is available 24 hours a day and five days a week through the following channels:

There is also a live chat service available in several languages for traders to get instant solutions to their issues.

Deposit and withdrawals

Deposits and withdrawals are made easy due to the various methods of transaction that are available to traders. Deposits are made with the following methods:

– credit cards: VISA and VISA electron, mastercard, diner’s club, maestro and unionpay

– electronic payments: sofort, webmoney, ideal, skrill, paysafe, cashu, giropay, moneta.

– western union and moneygram

Deposit limits are set at a minimum of $5 for all methods except for western union and moneygram which have minimum deposit limits of $100.

Conclusion

XM review

Editors summary

XM seem to have the answers to all of your questions, perhaps even the ones you haven't thought of. They are considerate of new and experienced traders and work hard to cater to every trading need. They are licensed by cysec, mifid (EU regulators) and the FCA (UK financial conduct authority). If you are looking for an informative, safe and technically advanced broker, then this is a wise choice.

Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Introduction

XM group is a trio of regulated online brokers. Trading point of financial instruments ltd was established in 2009, and it is regulated by the cysec (cysec 120/10), trading point of financial instruments pty ltd was established in 2015, and it is regulated by the ASIC (ASIC 443670), and trading point of financial instruments UK ltd was established in 2016, and it is regulated by the FCA (FCA 705428).

There are many benefits to using XM, whether you are new to trading or if you are a more established trader. The technology that they use is advanced, their trade features and payouts are excellent and they offer several bonuses to encourage new and experienced traders. As a company, they are highly visible with excellent customer support.

While you may have your doubts over which broker you should be using, we are here to guide you. Our comprehensive review of XM, along with all of our other reviews, are designed to give you enough detail for you to make an informed decision. The facts are all there; it is down to you to decide whether this is the broker for you.

Account types

There are four CFD trading account types available with XM. While there are many similarities between each account, there are some noticeable differences.

Micro account

The micro account requires a minimum deposit of $5 deposit to open but attracts a welcome bonus of up to 50% for the first $1,000 deposited. There are seven base asset options, 1 lot is 1,000, and the leverage ranges from 1:100 to 1:500. The spreads on majors are as low as 1 pip.

Standard account

With a standard account, you get everything you would with a micro account, but the significant difference is the contract size. Instead of 1 lot being 1,000 it is 100,000, and the lot restriction is 50 instead of 100.

Zero account

The zero account offers a lower spread on the majors; it requires a deposit of $100 and commission is available on client referrals.

Ultra low account

Finally, the ultra-low account allows you to trade with either micro or standard lots, it includes lower spreads starting from 0.6 pips, and it has a minimum initial deposit of just $50.

Demo account

A free demo account is available to everyone who signs up to the website; however, it doesn't require a deposit to enable access.

Trade features and payouts

XM offers several trading features as you would expect. They are very competitive and in some cases, ahead of the competition.

Leverage

To increase your investment and help you to achieve higher capital, most CFD brokers offer you the option to leverage your money. XM offer a leverage opportunity of 1:30; this is the maximum you can achieve. This leverage applies to all EU regulated entities of the group. Other entities offer increase leverage. Leverage also depends on the financial instrument traded and on your country of residence.

Spreads

The spreads on offer depend on the type of account that you have. With the micro and standard accounts, the spreads are as low as 1 pip. If you have a zero account, then spreads as little as 0 pips are available.

Stop loss

The great thing about stop loss is that it enables you to automatically stop your trade when it gets to the desired point. You don't have to be online. You just set the position that you want the trade to stop at, and the platform will do the rest for you. This is a feature offered by many brokers including XM.

Platform types

XM boasts a massive 16 trading platforms. This is because they offer traders both MT4 and MT5 platforms across a multitude of operating systems and devices. With more than 1000 instruments which can be traded on these platforms, including forex, stocks cfds, commodities cfds, equity indices cfds and crypto cfds, you'll not be limited on choice. You can choose to use either software across web, windows, mac, android or ios.

Bonuses and promotions

Now while many brokers offer both forex and cfds, not all of them provide a CFD bonus to new traders. XM offers not only a welcome bonus but a $30 no deposit bonus. They clearly state that it is non-withdrawable so you are required to trade with it however the profits are withdrawable. This is good news for new traders as it means is that you can open an account and try before you buy.

In addition to the no deposit bonus, there is also a two-tier deposit bonus system. For those depositing up to $1,000 you can get 50% bonus with a further 20% being available up to a maximum of $5,000. This is a tidy sum for those who are looking to invest more. The bonus is instantly credited and is available on a minimum deposit of just $5.

* note - bonuses are not eligible for clients registered under trading point of financial instruments ltd and trading point of financial instruments UK ltd.

Mobile trading

With so many options for living life online, there is no longer a requirement to be in one place glued to a laptop or desktop. With a range of portable devices, that can do so much; there is much more opportunity to live life on the move. This extends to mobile CFD trading.

You will struggle to find a better mobile trading experience than you will get on the XM trading platform or should we say platforms? Because of their extensive options to choose MT4 or MT5 for a variety of devices, there is much to choose. You can use MT4 or MT5 for iphone or ipad. Then there are the android versions and the mac versions. The mobile trading opportunity is so excellent that all you need is the right device and an internet connection.

XM seem to have the answers to all of your trading questions.

Deposits and withdrawals

If you are looking to make a deposit it couldn't be easier. There is a whole page dedicated to account funding with separate tabs for deposits and withdrawals. On the account funding page, you will see the many funding methods available and the base currencies accepted along with the minimum deposit required and any fees. Multiple local payment methods give you instant access to your trading funds, but some may take up to 24 hours to clear, like wire transfer.

Concerning withdrawals you will find a separate tab which gives you all the same information as you will find on the deposit tab. It clearly shows you any fees and how long it will take your transaction to be processed. You won't often see so much detailed information on broker sites.

Special features

The amount of detail and clarity on their website has to be a strong contender as a unique feature along with many other benefits that set them apart from some CFD brokers:

Customer support

XM pride themselves on being a "human" company. While everything is carried out online, they like to have a visible presence. They offer personal account managers in many different languages, and their customer support is accessible via several avenues. There is a live chat option as well as telephone numbers and e-mail contacts.

Like the rest of their website, the "contact" page is exceptionally detailed with a list of contact options for the many countries that XM operate in. The support desk is open 24 hours a day, 5 days a week, in addition to being able to contact the support desk, there is also a number for the sales department.

We want to help our readers in any way we can, but sometimes it's better to talk directly with your investing site to get the answers you need. For example if you have a specific query about your account you'll need to contact them in person due to security.

Alternatively, if you find that contacting your investing partner isn't working, you can contact us and we will be more than happy to try on your behalf. We have excellent working relationships with many of the sites we list and recommend.

Email: [email protected]

Phone: ‎+357 2502 9933

Address: citypoint building, 1 ropemaker street, EC2Y 9HT, london, UK

Conclusion

XM seem to have the answers to all of your questions, perhaps even the ones you haven't thought of. The detailed information featured on their website is of a very high standard, and they seem to have all bases covered. They are considerate of new and experienced traders and work hard to cater to every trading need. There is lots of information available about the CFD markets and any major news or events.

The platform itself has been carefully thought out, and you can expect an excellent all-round trading experience. They are licensed by cysec (cyprus securities and exchange commission), ASIC (australian securities and investments commission) and the FCA (UK financial conduct authority). If you are looking for an informative, safe and technically advanced broker then this is a wise choice.

Our review rating system (more info)

To ensure our readers know how our experts get to their conclusions, we feel it's essential to be transparent about the rating system we use. All our ratings focus on seven key factors which are shown below. Some of these factors carry more weight than others due to their importance. The importance of a factor has ultimately been decided by our readers and years of their feedback.

So, let's see, what we have: are you looking to jump start your forex trading career with XM free 30 USD? Read a full review of XM no deposit bonus promotion & learn more about its pros at xm bonus review