Xm bonus withdrawal

Visa, visa electron credit and debit cards, maestro and mastercard credit cards can be used for withdrawing funds.

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XM Deposit and Withdrawal Methods in 2021, xm bonus withdrawal.

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 Bitcoin can also be used for withdrawing the money in the XM account, though funds can only be withdrawn in USD, EUR, and JPY.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 credit cards and electronic payment

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.

XM bonuses

XM broker's offer differs from all the others on the market. The company offers as a bonus not a fixed amount and not a percentage of the deposit, but the additional funds earned from active trading on the account.

When you trade with XM, you will receive $10 for each standard lot. This way, you can earn an XM deposit bonus of up to $5000. We will tell you more about the conditions of their receipt and use below.

Signing up for XM

Firstly you need to open an account and create a real account. First, fill out a short form. All data will be entered in latin (check your documents to make sure you are not mistaken). You need to select the gender, fill in the primary data fields and choose the account type. There are only three account types on XM: micro (cent trading), standard (regular trading) and XM zero with lower spreads. Be careful: to get the bonus you need to choose micro or standard.

Going to the next step, you should fill out a bigger form. Based on the data received from you, the system weighs your risks when trading in forex. You will be asked to answer such questions:

Desired leverage, account currency and bonus;

How much you plan to deposit into your account ($5-20 thousand or more);

Income and capital levels;

Knowledge and experience in trading;

Password for your account.

Do not worry about the broker asking so many questions. The connection to the site is secure, so your data is safe. Based on your answers, the system generates recommendations on whether you should participate in high-risk forex trading. The broker warns those traders, who have little experience about the dangers in the market.

You will receive further instructions from the broker:

Step 1. Confirm your email address.

Step 2. Log in to your cabinet and get a bonus.

Step 3. Confirm your account.

Step 4. Download the XM MT4 platform.

How to get XM deposit bonus

If you have specified during registration that you want to receive a bonus, you can replenish your account and start trading. The broker offers 13 deposit methods, including visa, mastercard, webmoney, skrill, neteller, qiwi and bank transfers. The company pays all commissions. Mostly the money is credited instantly. You should know that a deposit with a broker can only be made from accounts registered under your name and surname.

After making your first deposit, you have 30 days to earn the XM deposit bonus. You must actively trade for this to happen. For each standard lot, you will receive $10, a micro lot - $0.1. This way, you can get a maximum of $5000 by trading 500 lots.

XM positions the bonus as a welcome bonus, however, you can apply for the gift again if you make a new deposit.

After 30 days, you automatically become a member of the XM loyalty program. There are four levels in the loyalty program, and you become the first. The level grows over time, and points are awarded along with it:

Executive - the starting level, you get 10 points per lot;

Gold - 30 trading days, 13 points per lot;

Diamond - 60 days, 16 points per lot;

Elite - 100 days, 20 points per lot.

You can exchange the points for bonuses or real money in your account. Real money can be immediately traded or withdrawn. Bonus funds - both those who are credited for 30 days and those which are received under the loyalty program - cannot be withdrawn. In this case, they participate in trading and drawdown, and all profits from them go to the trader.

For the points, you will receive the number of bonuses divided by three or the amount of money divided by 40. For example, if you have already traded 150 lots at executive level, you will receive 1500 points. You can exchange them for $500 bonus or $37.5 available for withdrawal

6 asset classes - 16 trading platforms - over 1000 instruments.
Trade forex, individual stocks, commodities, precious metals, energies and equity indices at XM.

How to withdraw XM deposit bonus

After 30 days, the bonus stops working. If you have managed to trade, for example, 200 lots, you will receive $2000 bonus money. You have three months to request the earned bonus in your live account. It will be credited within 24 hours of your request. Bonus money can be freely traded in the future, and all profits are yours.

XM sets these conditions:

Trades shorter than 10 minutes will not count;

No relatives can be registered with the company;

The bonus can be found on MT4 under "loan";

The bonus is deducted when you withdraw money.

Verification is necessary for withdrawal. To do this, prepare a colour copy of a valid passport. Any other document that includes your name, date of issue and expiry, place and date of birth or personal tax number will also be exceptional and should be signed by you. For example, you can verify your account with your driver's licence or ID card.

You will also need a document that lists the address of your actual residence. Usually, it is a receipt for utilities and internet payments or a bank statement. All of these documents are not required by the broker to delay payment but by regulatory requirements.

Those methods are available for withdrawal as for input, but here too the broker is forced to impose restrictions. If you deposit your account with a bank card, you must withdraw the same amount (or less). All profits over the amount can be withdrawn via electronic payment systems. Make sure that you have at least one qiwi, webmoney, skrill or neteller wallet. The easiest way to initially use only them.

6 asset classes - 16 trading platforms - over 1000 instruments.

Legal: this website is operated by XM global limited with registered address at no. 5 cork street, belize city, belize, CA.

Trading point holdings ltd is the holding company of trading point of financial instruments limited, XM global limited, trading point of financial instruments UK limited, trading point of financial instruments pty ltd, and trading point MENA limited.

Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (cysec) (licence number 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (license number IFSC/60/354/TS/19).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).

Risk warning: forex and CFD trading involves a significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.

Restricted regions: XM global limited does not provide services for the residents of certain countries, such as the united states of america, canada, israel and the islamic republic of iran.

Find all of the XM bonuses you can get for your deposit

XM is one of the largest and most reliable forex and other retail traded assets out there. The forex broker has been around for a while now and so far have managed to create an enviable reputation for themselves. They have a wide variety of products that they offer to their users, some of the best trading platforms available to the retail markets, as well as some of the most interesting and beneficial bonuses that a broker can offer on the market today. The XM bonus is what we are going to be talking about today. But the number of bonuses is high and the variety is pretty impressive. Most users will be able to find a bonus that fits them and provides them with something that they can surely enjoy starting their work with.

Of course, there are XM bonus conditions that you will have to make yourself acquainted with before you start getting fully invested in receiving the bonuses. Each kind of bonus has its own, relatively unique conditions that will affect how you work with the bonus. Although, despite this, all of the bonuses that XM offers are relatively easy to claim and to withdraw. All it takes is to get a little bit of trading done with the company, and you will most likely be able to make the withdrawal that you want. But let us get into more detail and do some quick XM bonus review by bonus so that you will have the information available to you before you start trading with them.

XM no deposit bonus

In this quick XM no deposit bonus review, we are not going to get into too much detail about the bonus, but we are going to cover some general items, that might be interesting to users. The first thing we should be mentioning that not all countries have access to this opportunity. Although, despite residents of certain countries not having access to it, this is still one of the broker’s most popular products. Acquiring is rather simple – all you have to do it go to the XM promotions page and select the no deposit bonus before you register with the company. Once you do have the deposit on your account, you can start trading with the free money and get yourself either some ice experience with the market or even some income, without investing anything.

There are, of course, the XM no deposit bonus terms and conditions that you need to consider. The most important one is the fact that you will not be able to conduct an XM no deposit withdrawal, unless you have traded with the no deposit money, or until you have deposited some additional money onto your account.T he reason for this is pretty simple: they don’t want you to end up just getting the free cash and running. They want you to use the cash to trade on the market, at least a little and end up creating more value with the cash they have given you. This way both sides win. This is standard practice with all no deposit bonuses among other FX brokers as well. There are other, general conditions that apply to this and other bonuses as well, but the specific one needed to be mentioned.

Extra 50% offer – A generous XM deposit bonus

The XM 50% deposit bonus is a nice bonus that you get a hold of once you enter the code for the promotion into the available box when depositing some additional funds onto your account. This deposit bonus is a very nice opportunity to multiply your available trading capital by a little bit. While the no deposit bonus is limited to only thirty dollars, a user will be able to get much more out of this bonus. Acquiring this deposit bonus is rather easy, you just have to consider what the limitations and conditions for the bonus are.

The XM 50 bonus terms and conditions are not much different from those that you have to deal with in the no deposit situation. The only thing you need to consider to take full advantage of the bonus is the fact that there is a limit on the amount of money you will be able to receive as a result of the bones. The bonus goes up to as high as $500, which limits your deposit (to receive the full amount of the bonus) to only one thousand US dollars. Though this is not a small amount of money, and could actually produce some very impressive results in terms of trading if used right of course. Other, general bonus terms and conditions apply as well, of course.

20% deposit bonus

The 20% XM trading bonus is a deposit received by the trader, that they become eligible for only after using the 50% deposit bonus. While the 20% might seem to be a little less generous than the previous one, the truth is quite the opposite – a trader that deposits enough will be able to receive a lot more money. The maximum bonus amount for this type of bonus is four thousand five hundred US dollars, which is an insane amount of money to receive as a bonus, an amount that nobody would mind having as “free” money to trade with.

The thing is, bonus conditions here are much more strict than in the other case. The reason for this is quite simple – this amount of free money need way more oversight and way more attention paid to it. This is why the traders will have to use the 50% deposit bonus before receiving access to this. Once they do have access, the users will have to consider whether they are ready to receive the bonus and spend the next few months trading with enough capital to fulfill the requirements to be able to claim the bonus for themselves. The withdrawal is not free, not until the users will have traded the entire amount of the bonus. While some traders might find this to be a bit of an issue, this kind of requirements is pretty standard, as brokers have to protect themselves from losing money simply by giving it away and letting traders withdraw it, without ever trading it.

Free VPS

The users who are lucky enough to decide to start trading with XM will also get access to virtual private servers. Not many people will understand all of the benefits of this XM registration bonus, though the benefits are very much important. Some of the biggest benefits a person will be able to receive are the elimination of server downtime, the ability to access their trades and their platforms from anywhere in the world, and the high speed of trade execution. These benefits may turn out to be what makes or breaks a person’s revenue for the day – a trade executed from far away in the world and immediately may save a lot of time and a lot of money in the long run.

Of course, this bonus comes with certain terms as well. These terms are relatively easy to find and access, and they are not that hard to comply with. All you have to do is have deposited a certain amount of money with the broker, as well as taken advantage of some of their other bonuses. In the end, the work you put into complying with the requirements and receiving this bonus is way worth the benefits you will receive.

0% withdrawal fees

Most forex brokers will have a certain amount of fees on withdrawals, as a way of supporting all of the payment services that they offer. This is not the case with XM. This bonus is part of their offer to all of their loyal customers. They offer their users a chance to make withdrawals, no matter how large the sum of money, without ever having to pay any kind of fees. The XM bonus withdrawal option is something you won’t be able to see with a lot of other brokers, and it is something you should definitely take advantage of. This is the kind of thing that will make your operational costs go down, very quickly when you are trading with XM. Just like with everything else, there are certain XM bonus terms and conditions you have to satisfy, but they are not complicated and should not take you too long to get through.

Loyalty program

The loyalty program is not a direct XM bonus account offer, but it is something close. In reality, the loyalty program is more of an access permit to all kinds of promotions and bonuses that the company offers on a regular basis to its clients. Seasonal promotions happen throughout the year, which means that staying with the platform will get you some offers that you did not know were available before. What is more, this bonus requires registration to be up for a long time but results in some exclusive offers being made to the users who stick with the platform. These exclusive platforms are not seasonal but tailored to the needs of individual, long term users and they can be an amazing boost to a user’s trading capabilities when they do come.

XM review: great for no deposit bonus offer

Should you trade with XM? Overall, XM is a very suitable broker for all traders offering numerous perks with few drawbacks.

You may have heard of XM and wondered whether they are an excellent broker or not.

XM is a subsidiary of trading point holding, which initially began operations in 2009. The broker is now globally renowned, extending its services to almost all parts of the globe with multiple financial instruments traded by over 3.5 million clients.

In this review, we will look at the XM broker and see what they have to offer.

XM’s main constant fee is their variable spreads (with no commissions) across all currency pairs. XM’s average spread on EUR/USD is 1.7 pips on their standard account and 0.8 pips on their XM ultra low micro account.

Swaps

There are also overnight swap rates based on the applicable rates for each trading day. Muslim customers can obtain an islamic or swap-free account. The decision to offer this account to non-muslim clients lies solely at the broker’s discretion.

Deposit and withdrawal fees

Fortunately, there are no deposit or withdrawal fees for any of the methods as XM claims to cover these except with bank wire deposits and withdrawals less than $200.

Inactivity fees

The other fee that traders should be aware of is the inactivity or dormant fee, although it’s minor. XM deems an account inactive after 90 calendar days where there was no trading, withdrawal, depositing, transfer, or registration activity.

They charge a monthly fee of $5 or the full amount of the remaining balance if less than $5. Clients should note the inactivity fee doesn’t apply if there are no trading funds.

Accounts

Let us now dive into the procedure of opening an account with XM and the account types they offer.

Requirements for opening an account

Traders can open a demo account after a quick website registration. For live accounts, XM adheres to simple KYC (know your customer) standards. They require clients to submit a copy of their original ID (driver’s license, national ID book, or passport) and proof of address (utility bill or bank statement) in their name not older than six months.

Furthermore, their online system asks questions for suitability or compliance purposes. Passing this verification stage allows clients access to all their services, including the main live trading accounts for forex: micro, standard, and XM ultra low accounts.

Main accounts

These accounts come with a maximum leverage of 1:888, one of the highest compared to its competitors. XM’s minimum deposit required is a measly $5 for their micro, standard, and $50 for the XM ultra low.

One of the broker’s unique selling points is the ‘$30 welcome bonus’ offering new clients a $30-funded live account. There aren’t many complicated terms and conditions on this offer other than at least five round-turn trades in 30 calendar days and a minimum of 0.1 lots for total trade volume.

Deposit and withdrawals

Though this will vary depending on the region a client resides in and/or the amount funded, XM allows clients a wide array of world-recognized and accessible payment options for account funding and withdrawals.

These methods are namely all visa, mastercard, maestro and china unionpay credit/debit cards, skrill and neteller, which are all fee-free for both deposits and withdrawals (except for bank wire deposits and withdrawals under $200).

Withdrawal times

All withdrawals requested are verified within 24 hours. The funds would reflect within a day for e-wallets and two to five working days for cards and bank wire.

Withdrawal policy

As standard with most brokers, they don’t allow any third-party deposits or withdrawals due to anti-money laundering policies. Another criterion that a vast majority of brokers adhere to regarding withdrawals is a ‘return to source’ policy.

The last funding method used is given priority for withdrawals up to the sum of the original deposits. Once all withdrawals have reached the sum of the deposits made by the method/s, any subsequent withdrawal would come through via bank wire.

For example, if a client initially funded $50 via neteller, another $50 via skrill, and made $320 profit, $50 would go back to skrill, $50 back to neteller, and any portion of the profit via bank wire.

Platform and analytical research tools

The two primary trading platforms that XM offers are MT4 and MT5, both available in tablet, mobile, desktop (windows and mac), and web forms.

The broker has a broad range of research, educational, and technical tools to help their clientele.

Research tools

For research, newly-added features include a podcast, technical summaries, trade ideas, and their in-house markets overview and technical analysis research. All these features are in addition to their economic calendar, news, and youtube channel providing weekly analysis.

Educational tools

Educationally, clients can expect forex seminars at various parts globally, webinars, platform tutorials, as well as recently-included live and pre-recorded educational videos.

Technical tools

For their technical tools, these include the profit and loss calculator, swaps calculator, margin calculator, pip value calculator, and currency converter. Such tools are beneficial because they allow clients to calculate the necessary metrics using XM’s actual data rather than externally.

For example, not all brokers offer a dedicated swap calculator, meaning clients need to manually calculate the swap fee. This effort requires ensuring they are using the updated swap rates and understand the calculation their broker uses.

Using their internal swap calculator, you access an accurate reflection of their rates in a live setting and do not need manual calculations.

Pros and cons of XM

PROS

CONS

– regulated by cysec, IFSC, FCA, ASIC, DFSA
– offers near zero spread account- 11 years experience
– ECN/STP- competitive spreads- leverage up to 1:888
– minimum deposit of $5
– negative balance protection
– offers nano lots on XM ultra low
– no fees on deposits and withdrawals (except for bank wire deposits under $200)
– no commissions
– wide range of accounts
– wide range of currency pairs
– wide range of payment options
– wide range of base account denominations (USD, EUR, GBP, ZAR, CHF, -JPY, AUD, RUB, PLN, HUF, SGD – depending on region and account chosen)
– wide range of website languages
– offers both MT4 and MT5
– offers mobile app
– offers $30 no deposit offer for new clients
– offers cash rebates
– offers 24/5 live chat, phone, and email support

– inactivity fee
– doesn’t offer services to residents in the USA, canada, israel, and iran

XM is a highly recommended forex broker suitable for all levels of traders with several perks that include competitive spreads, the $30 no deposit offer, an account to open nano lots, and no fees levied on deposits, and withdrawals, to name a few.

They only have a few disadvantages, which are barely worth mentioning when compared to the benefits. Clients interested in opening an account with XM shouldn't hesitate based on this review.

XM 30 USD no deposit bonus – claim here

Platform

Min. Volume

Action

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.

XM no deposit 30 USD bonus – read an honest review

Platform

Min. Volume

Action

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

XM free 30 USD no deposit bonus description

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

XM free trial available platforms

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

XM 30$ bonus terms and conditions

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

XM free account critics

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

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

How to get XM $30 no deposit bonus?

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

Steps for getting the no deposit XM bonus:

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

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

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

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

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

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

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

Members area access

Use your MT4/MT5 real account number and password to log in to the members area.

New to XM?

Legal: this website is operated by trading point of financial instruments limited with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.

Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (licence number: 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (000261/106).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).

Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.04% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please consider our risk disclosure.

Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.

This website uses cookies

By clicking “continue”, you agree to the default cookie settings on our website.

XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.

Read more, or change your cookie settings.

What are cookies?

Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.

Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.

We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.

Why are cookies useful?

We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.

Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.

In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.

Here is an overview of some of the functions our cookies provide us with:

Verifying your identity and detecting the country you are currently visiting from

Checking browser type and device

Tracking which site the user was referred from

Allowing third parties to customize content accordingly

This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.

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$30 NO DEPOSIT BONUS OFFER – XM group

Receive XM NO deposit bonus of $30 USD. Start live trading with $30 FOREX NO DEPOSIT BONUS OFFER from one of the best forex brokers in the market. Enjoy live forex trading without any deposit as well as risk. Find an opportunity to begin your forex trading career with an exclusive $30 sign up bonus. Register and validate a trading account to receive the $30 non-deposit bonus and test the products and services offered by XM group by starting to trade with no initial deposit. Receive an initial trading capital through the procedure below and start your live trading journey. We suggest you find some time to look at the terms and conditions before applying for this XM non-deposit bonus.

Clients registered under trading point of financial instruments and trading point of financial instruments UK ltdare not eligible for the bonus. Please note that this offer might not available for the traders of some regions or countries .

XM NO DEPOSIT BONUS REVIEW

Ending date: there is no initial deadline

Offer is applicable: new trader

How to apply:

Open a new live account

Verify mobile no. From the client’s area

Get $30 non-deposit trading bonus

Bonus cash out:

Any profits generated from the trading of the non-deposit bonus are available for withdrawal.

Any withdrawal of funds will cause the proportional removal of the trading bonus.

Terms & conditions – XM NO DEPOSIT BONUS TERMS

The bonus might not be applicable to the traders of some countries.

We strongly suggest you to ask their live support if it is available to your country/region before you apply for this XM NO deposit bonus.

XM holds the right to offer NO deposit bonus only to the clients from appropriate countries and region.

A client has to be 18 years otherwise under the legal age in their country of residence, in order to apply for this bonus

IF IP address matches between to participant of the bonus account then the latest participant may disqualify from the bonus program

This promotion may not be combined with some promotions released from time to time.

To receive the bonus, each eligible client needs to verify his/her phone no. Through the dedicated area of the client’s profile

Bonus can’t be applied to existing clients

Each eligible client is permitted to hold only ONE “no deposit bonus” account per ONE unique IP. More than one registration using the same IP is strictly prohibited; even multiple accounts using the same details is not allowed.

A client may use expert advisors or other automated trading tools, but any signals, scalping, arbitrage techniques, and news trading is not allowed. Also, proxies trading is prohibited.

All trading- instruments found in the trading terminal can be used for trading.

All orders placed at the non-market rate will be canceled.

It may take up to 24 business hours for an eligible client before any bonus credited to account.

XM holds the right, at its sole discretion, amend or terminate the NO deposit bonus any time. Or to decline or disqualify any client from the bonus program.

A client can cancel the bonus at any time by sending a request at [email protected]

NO affiliate commission is paid for trading with non-deposit bonus fund

In addition, get daily forex-signals free after passing the verification.

XM minimum deposit review south africa – revealed ( 2021 )

XM minimum deposit

According to research in south africa, the XM minimum deposit amount that XM requires is $5.

The minimum deposit amount of $5, when registering a live account, is equivalent to ZAR86.57 at the current exchange rate between the US dollar and the south african rand, at the day and at the time that this article was written.

XM has headquarters in cyprus, australia, and belize and is authorized and regulated by demanding regulating entities namely cysec, ASIC, IFSC, DFSA, and the FCA.

As a regulated broker, one of the requirements is that client funds be kept in segregated accounts.

In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

In addition to ensuring client fund security through segregated accounts, regulated brokers such as XM are required to be a member of a compensation scheme or fund which pays out a certain amount to eligible clients in the case of company insolvency.

This is an imperative factor for traders to consider when comparing various brokers as a lack of regulation may lead to substantial losses of funds that traders may not be able to refund as there is no regulation overviewing such processes.

In addition, regulated brokers are often audited and have strict supervision from regulating entities to ensure that trading activities are legitimate, legal, and fair, and that disputes between the trader and the broker are resolved fairly.

Brokers who do not ensure that client funds are kept in segregated accounts, and rather in the broker account, may be an indication of scam brokers or fraudulent brokers as funds could be, with ease, used or taken possession of by the broker.

Furthermore, with segregated accounts provided by the broker, funds can be withdrawn by the trader at any time, which is an additional and crucial attribute that brokers who are regulated need to comply with.

Deposit fees and deposit methods

XM does not charge any fees when deposits are made into the trader’s account.

XM offers a vast amount of payment methods which include, but is not limited to:

Bank wire transfer

Local bank transfer

Credit/debit cards

Neteller

Skrill, and more

XM supports a wide variety of deposit currencies in which traders can fund their accounts which includes, but is not limited to:

ZAR, and more.

Traders need to ensure that deposits and withdrawals are made in the same currency, and that the account from which funds are deposited, and to where withdrawals are made are the same account registered with XM.

XM does not allow for third-party payments, and the account must be registered in the name of the trader, it may not be in the name of any other person. This forms part of XM’s anti-money laundering, or AML, process enforced by regulatory entities.

Traders also need to ensure that they do the necessary conversions, where applicable, before funds are deposited, to ensure that they meet XM’s minimum deposit requirements and avoid any penalties, or conversion fees should this not be done in the correct manner.

Although various payment methods support the deposit and withdrawal of funds in numerous currencies, traders need to be aware that some payment methods allow for certain deposit currencies.

Traders will need to verify this with XM before selecting a payment method and deposit, but in most cases, the available deposit currencies for a specific method will be indicated on the page where traders can fund their accounts.

Step by step guide to deposit the minimum amount

Once the trader has completed the process of registering on the website, the trader can make the initial minimum deposit by following these steps:

Log into the client portal and select ‘deposit’

Select the deposit method along with the amount.

After the trader has made their selection, they will be redirected to the payment processor page to confirm their deposit.

Traders should take note that with making deposits by using bank wire transfer, the transactions may take a certain amount of time depending on the method, time of the day, and day of the week.

Other payment methods may have shorter turn-around times such as credit/debit cards and various e-wallets, but these may also be subjected to certain banking institutions’ internal processes pertaining to clearance of funds.

Withdrawal turn-around and delays may also be subjected to factors outside of XM’s control and may be due to the trader’s banking institution’s own internal processes with releasing funds.

Traders will need to verify this information with their banking institution and realize that banking processes are also subjected to the day of the week and the time of day in processing withdrawals.

There may be clearance procedures that the trader’s withdrawal is subjected to, imposed by the banking institution, and this information will need to be verified with the banking institution prior to withdrawals.

Bank wire transfers take anything from a day to a few business days depending on the time the payment was made during the day along with the day of the week, according to research in south africa

Pros and cons

PROS	CONS
1. Deposit fees are not charged	1. None noted
2. Quick and easy depositing of funds
3. Low minimum deposit amount
4. Wide variety of payment methods offered
5. Wide variety of deposit currencies supported

Frequently asked questions

What is the minimum deposit for XM?

How do I make a deposit and withdrawal with XM?

You can make use a wide variety of deposit and withdrawal methods including, but not limited to: bank wire transfer, local bank transfer, credit/debit cards, neteller, and skrill

Does XM charge withdrawal fees?

No, not internally. Traders may be charged fees by their banking institution depending on the payment method through which withdrawals are made.

How long does it take to make a withdrawal?