Xm credit bonus

The registration includes filling out a standard questionnaire. The first part of it is depicted on the screen below.

Top-3 forex bonuses

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

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. 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.

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.

Trade forex and cfds on stock indices,
oil and gold.

Up to $5,000 trading bonus

Risk warning: forex and CFD trading is high risk and can result
in the loss of all your invested capital. T&cs apply

Trade with a regulated broker

Zero commissions

Trade on desktop, mobile and tablet

No hidden fees

Trade on 16 platforms from 1 account

MT4 and MT5, both available for desktop, tablet and mobile devices

Risk warning: forex and CFD trading is high risk and can result
in the loss of all your invested capital. T&cs apply

Why choose XM?

There is a reason why over 3.5 million clients have chosen XM for trading forex and cfds on stocks
stock indices, commodities, metals and energies.

Licensed and regulated

Trading with XM means trading with a licensed and regulated broker.

Up to 888:1 leverage

XM offers its clients up to 888:1 leverage with negative balance protection and no changes in margin overnight or at weekends.

24-hour support

At XM you can enjoy 24/5 support in over 30 languages by live chat, email and phone.

Over 1000 instruments

XM offers trading in over 1000 instruments ranging from forex and cfds on stock indices, oil and gold.

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 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, trading point MENA limited.

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: forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand 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.

XM live chat

By clicking the "enter" button, you agree for your personal data provided via live chat to be processed by trading point of financial instruments limited, as per the company's privacy policy, which serves the purpose of you receiving assistance from our customer support department.

If you do not give your consent to the above, you may alternatively contact us via the members area or at support@xm.Com.

All incoming and outgoing telephone conversations, as well as other electronic communications (including chat messages or emails) between you and us will be recorded and stored for quality monitoring, training and regulatory purposes.

Please enter your contact information. If you already have an XM account, please state your account ID so that our support team can provide you with the best service possible.

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.

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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.

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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.

Mario draghi

Hey, I’m mario draghi. I’m a writer currently resided in thailand. For my forex experience, I have been working with brokers and trading for 5 years. Hope that you'll enjoy my articles about all forex-related matters.

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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.

ALL YOU NEED TO KNOW ABOUT XM 30$ 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.

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

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?

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.

Mario draghi

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XM deposit bonus: policies and limitations

Platform

Expiration

Min. Volume

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

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

XM deposit bonus description

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

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

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

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

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

XM bonus limitations

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

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

XM trading bonus withdrawal policies

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

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

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

Another XM bonus program

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

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

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

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

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

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

XM broker account types

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

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

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

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

Among the currencies available for trading there are:

Advantages

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

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Claim $30 bonus | xm.Com

Originally published november 07, 2020 08:00:00 PM, updated november 08 2020

Claim your free $30 bonus for first time account in XM.

XM trading broker offers free $30 bonus for those who would like to try forex trading, cfds or stock trading, cfds future trading even metals or oils for the first time created an account. The profit you can earn from successful trading is withdrawable to your preferred e-wallets or crypto wallet even bank account or credit account. Create your account today my.Xm.Com.

Trading bonus

The $30 trading bonus allows traders to test in a real trading ground without using their own money or investment risk. Any profits generated can be withdrawn 24/7 however, any withdrawal of funds or profit will occur in the proportionate reduction of your trading bonus.

To claim the bonus successfully select "yes, I wish to receive the bonus." upon signing up on the website.

Standard/micro/ultra/shares

Before you sign up please remember that you can choose between standard/micro/ultra/shares accounts. Each of these has a different advantage and I advise newbies while practice uses the micro account.

XM offers 4 account types which are micro, standard, ultra, and shares account.

Micro – for traders who prefer small trading volume

Standard – comes with standard trading conditions

Ultra-low trading cost from 0.0 pip

Shares - min $10,000 capital

The main difference between XM micro and standard accounts would be the trading volume.

As the size of 1 lot is different.

Standard - 100,000 unites

1 unit equals to 1 USD, 1 EUR, 100 JPY, etc…

The minimum trading volume available in the micro account is only 1000 units, although it is 100,000 units for the standard account.

The available financial instruments are the same between different account types.

Who can claim?

This is only a promotion of the XM team however it is available to all traders opening an XM real account for the first time. Remember that there is a 30-day limit after the date of opening your account. From this on you must claim the bonus before it is made unavailable.

Which one to use between MT5/MT4 and which one is reasonable? The answer is the MT5 platform because it has more functionality and trading tools compare to the MT4 platform. However, it does not mean MT5 is much profitable compare to MT4 because winning depends on your analysis of the market.

Features include such as:

Real-time testing of trading strategies

Market depth visibility

A larger selection of technical indicators

And the ability to view multiple timeframes.

To access your login account, server, username, and password you need to open your email add. Remember your trading server to avoid confusion during login.

XM BONUS PROGRAM

XM bonus program works only upon successful deposit in your trading account.

How to use XMP

XM points can be obtained by redeeming credit bonus and used in your trading ground. Feel free to redeem your XM points at any time. Furthermore, we can redeem all of our XM points at the same time leave some.
Don't forget that the XMP balance can be monitored in real-time in the members area or view the recent equivalent value credit bonus.

Zero fees policy

"XM covers all deposit and withdrawal transfer fees for payments made via neteller, moneybookers, and all major credit cards (including VISA, VISA electron, mastercard, maestro, and china unionpay). Additionally, all deposits and withdrawals above 200 USD processed by wire transfer are also included in the zero fees policy."

Instant funding

Conveniently, electronic deposit methods such as credit cards or electronic wallets, are 100% automatically processed. The funds reflect in clients’ accounts automatically.

If you do not have a trading account at XM yet, this is your chance to explore the trading world and become eligible for the $30 bonus in two easy steps:

Deposit funds in your trading account in the members area - not necessary to send a deposit because you have a free $30 bonus free.

About trading strategy

Now upon successful signup and claim of $30 bonus, we can start trading by entering buy and sell order. The question is when to buy and when to sell? There is 2 common strategy use to determine when to buy and when to sell, this is technical analysis and fundamental analysis.

The technical analysis appears to be the preferred methodology of short-term forex traders, with price action as their main focus.

Intermediate or medium traders and some long-term traders like to focus on fundamental analysis because it helps with currency valuation.

For newbies in forex trading, it takes some time to understand this so I advise you to read some babypips tutorials and watch the videos in YT. This will help you to develop and avoid the risk of losing your $30 bonus. Also, you will gain insights and may stand above someday.

Forex trading, leverage up to 888:1

XM group offers forex trading with up to 888:1 leverage. Graphically illustrate methods from opening free accounts. Regulated by cysec, ASIC, FCA, IFSC, XM group is a forex trading broker dedicaded to delivering services in forex and CFD trading.

XM group now promotion

What’s forex?

Foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. In the forex market, leverage is used by investors to profit from the exchange rate fluctuations between two different countries. A great advantage is that it is exactly the forex market where investors can obtain the highest leverage.

XM’s advantage points

XM group is a group of regulated online brokers. Trading point of financial instruments ltd was established in 2009 and is regulated by the cyprus securities and exchange commission (cysec 120/10), trading point of financial instruments pty ltd was established in 2015 and is regulated by the australian securities and investments commission (ASIC 443670), trading point of financial instruments UK ltd was established in 2016 and is regulated by the financial conduct authority (FCA 705428) and XM global limited was established in 2017 and is regulated by the international financial services commission (IFSC/60/354/TS/18)

Basic guide to forex for beginners

Steps to start FX trading at XM group

Please select and browse for information in the following sections.

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.

Xm credit bonus

Deposit bonus – A bonus on funding a live account. The bonus credited on percentage of the deposit amount.

No deposit bonus – free bonus on account registration for the new clients to trade live without any risk.

Tradable bonus: A deposit bonus that can be lost and traded as the part of your trading equity.

Volume bonus – most common type of deposit bonus, it allows you to increase your trading volume. Often the bonus can be cashed on trading lot requirement.

Forex gift – A gift for the clients for completing certain requirements, everything from bonus to latest gadget

Freebies – free stuff by forex brokers like ebook, courses, trading materials etc.

Rebate – cash-back withdrawable bonus on each lot traded.

Demo contest – contests held on demo account, win cash/tradable money with no-risk involve!

Live contest – contest held on live account, deposit requires. Win bigger cash/prizes.

Refer – a-friend– refer your friend to your broker, when your friend deposit you will get a special bonus

Free signals – get free trading signals from the broker.

Free VPS – get access to an optimized forex virtual private server for free on maintaining a certain amount of trading balance.

Binary options – binary bets trading on forex instruments

Forum posting: get a small trading bonus for each of your post in forms.

3 affiliate IB: receive a commission from your fellow traders, specially design for the marketers.

Draw bonus: the winners chosen by a draw

Seminars webinars: find the schedule to participate in the online/offline events.

Expos events: inviting to attend the forex events & expos globally.

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 credit bonus