XM – Sign-Up Bonus

XM – Sign-Up Bonus

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XM - Sign Up Bonus

 

Overall Rating

4.8/5

Rated #68 of
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

IFSC, CySec, ASIC

📱 Trading Desk

Desktop MT4 and MT5, Mobile MT4 and MT5, XM mobile app, Web platform

Crypto

No

📈 Total Pairs

57

☪️ Islamic Account

Yes

📊 Trading Fees

No (Just spread) 

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

XM 

 

Our XM Sign Up Bonus Revealed:

 

Sign-up Bonus

XM offers a $30 sign-up bonus to new traders.

 

When traders register a live trading account with XM for the first time, they will receive a welcome bonus and no-deposit bonus of $30. This means that traders will not need to make an initial deposit before they can use the trading credit to the value of $30 to start trading.

 

Once traders have verified their account, the $30 is automatically credited to the trading account and traders can withdraw any profits which are made while using this trading credit.

 

XM offers traders a 50% and a 20% deposit bonus as follows:

 

  • The 50% deposit bonus is up to a maximum of $500
  • The 20% deposit bonus is up to a maximum of $4,500
  • All trading accounts can earn this deposit bonus as trading credit
  • All trading accounts except the demo account and the XM Ultra-Low Account are eligible for this trading bonus

 

Referral Bonus

XM offers new and existing traders a referral bonus.

 

To qualify, the trader must possess a validated trading account and they must have traded at least 1 standard lot in either forex, gold, or silver.

 

This bonus can earn traders up to $35 for every referral who registers a real account that must be validated. Once validated, the referral will receive the bonus as trading credit to their trading account.

 

Traders who participate in this referral bonus can earn trading credit as follows:

  • Refer between 1 to 15 friends and earn $25 for every friend that validates their trading account
  • Refer between 16 to 30 friends and earn $30 for every friend that validates their trading account
  • Refer more than 30 friends and earn $35 for every friend that validates their trading account

 

Additional broker bonuses, promotions, and rewards

XM offers a broker bonus in the form of several competitions that cater for active traders and loyal customers, including

 

  • The Gold Promotion, a lucky draw where traders can win prizes of more than 22,500
  • XM Loyalty program that provides traders access to special seasonal bonuses

 

Pros and Cons

PROS CONS
Welcome bonus and sign-up bonus offered to new traders when they register a live trading account Demo account holders do not have access to any of the bonuses
No-deposit bonus offered, allowing traders to start trading immediately Strict terms and conditions on bonuses
Referral bonus offered

 

You might also like: Tickmill Islamic Account

You might also like: Tickmill Fees and Spreads

You might also like: Tickmill Account Types

You might also like: Tickmill Demo Account

You might also like: Tickmill Minimum Deposit

 

Overall Rating

4.8/5

Rated #68 of
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

IFSC, CySec, ASIC

📱 Trading Desk

Desktop MT4 and MT5, Mobile MT4 and MT5, XM mobile app, Web platform

Crypto

No

📈 Total Pairs

57

☪️ Islamic Account

Yes

📊 Trading Fees

No (Just spread) 

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

XM 

 

FAQ

Does XM offer a sign-up bonus?

Yes, XM offers a sign-up bonus.

 

What is a bonus?

A bonus is an incentive that is offered by brokers that can be presented as a sign-up bonus, no-deposit bonus, deposit bonus, broker bonus, and several others. Bonuses offer traders trading credit, and it is the best way to get started in trading.

 

Do all Forex brokers offer bonuses?

No, not all forex brokers offer a variety of bonuses like XM and some other brokers.

 

Why do some agencies regulate against the offering of bonuses?

Many regulatory entities prohibit this initiative because of the risks involved in trading and they try to protect traders where they can.

 

How can a bonus benefit my trading?

A bonus can provide you with additional trading credit that you can use instead of risking actual capital when you start trading.