Xm global bonus

Even though we would recommend you to open an account with XM, there is one big benefit of the XM deposit bonus.

New forex bonuses

XM Deposit Bonus: policies and limitations, xm global 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. 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.

XM deposit bonus: policies and limitations

Platform

Expiration

Min. Volume

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

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

XM deposit bonus description

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

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

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

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

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

XM bonus limitations

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

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

XM trading bonus withdrawal policies

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

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

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

Another XM bonus program

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

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

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

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

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

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

XM broker account types

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

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

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

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

Among the currencies available for trading there are:

Advantages

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

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XM 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.

78.04% of retail investor accounts lose money when trading cfds with this provider.
You should consider whether you can afford to take the high risk of losing your money. Risk disclosure

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

78.04% of retail investor accounts lose money when trading cfds with this provider.
You should consider whether you can afford to take the high risk of losing your money. Risk disclosure

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 30:1 leverage

XM offers its clients up to 30:1 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: 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.

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

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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.

For more information please read our cookie policy.

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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

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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.

XM sign up bonus

A XM sign up bonus of US dollar 30 is offered by XM.

Traders who register a real account with XM are offered first time sign up bonus which is equivalent to that of a no deposit bonus as well as a welcome bonus for first time registration as no initial bonus is required to earn this bonus amount.

The US dollar 30, or currency equivalent, bonus is automatically credited to the trader’s account and it is non-withdrawable. Only profits earned can be withdrawn.

This offer is only available to new traders who register a real account, demo account users are not considered eligible.

In addition, XM also provides traders with a 100% deposit bonus of up to US dollar 500 along with an additional 20% deposit bonus, with a cumulative amount of maximum US dollar 4,500 or currency equivalent.

This offer is not available to demo account holders or XM ultra low account holders.

Brokers often offer these broker bonusses to new traders in an effort to draw in more customers in addition to encouraging trading activities. These bonuses are some of the best ways in which to assure traders that they will receive some cash back.

Referral bonus

XM does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by XM.

Referral bonuses are offered by brokers to traders in an attempt to draw in new clients and expand their customer base.

Often these types of bonuses have strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.

Some of the criteria includes, but is not limited to:

The referral has to register a real account with the broker using a unique referral link so that the registration can be traced back to the trader.

The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.

A certain minimum deposit amount has to be made by the referral.

The referral may be required to execute a certain number of trades on the new account before the trader becomes eligible to receive the referral bonus

Referral bonuses may also have a limited time in which they can be utilized by traders, perhaps in a given month that brokers see a decrease in activity and attempts to counter it by providing such bonuses.

Additional bonuses, promotions and rewards

XM offers trading bonuses to active traders and loyal customers through the XM loyalty program where traders are rewarded with special seasonal bonuses during specific calendar events and occasions.

In addition, XM provides traders with an additional 10-year anniversary promotion to the value of US dollar 1,000,000 where a random account will be chosen every month, providing traders with the chance of winning various prizes until 31 august 2021.

Pros and cons

PROS	CONS
1. First time sign up bonus provided which serves as a welcome bonus and no deposit bonus	1. No referral bonus offered
2. Trading bonuses offered through XM loyalty program for active traders and loyal customers

Conclusion

XM caters extensively and comprehensively for new traders who register a real account, existing traders, and loyal customers through its array of bonuses and rewards in addition with its competitive trading conditions.

XM no deposit 30 USD bonus – read an honest review

Platform

Min. Volume

Action

XM free 30 USD no deposit bonus description

XM free trial available platforms

XM 30$ bonus terms and conditions

XM free account critics

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?

Steps for getting the no deposit XM bonus:

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.

XM minimum deposit guide (2021)

Trading with a top forex broker like XM is a forward step in the trading career of anyone looking to break into the sector.

Our XM review details exactly what is on offer with this broker providing extensive access to a wide range of markets.

Here we will take a closer look at the financial side of things.

The XM minimum deposit to be exact.

This is something which can certainly influence how you trade so it is well worth noting.

We will look at the minimum deposit for XM by funding method and account type to make sure that we cover all traders.

69.75% of retail CFD accounts lose money

XM account base currency

As with most top brokers, XM accounts are available with many several base currencies. The XM base currency is the one that you trade with and effectively depends upon which account and regulatory type you fall under.

If you have an XM standard or micro account, you can look forward to choosing every major currency as your XM base currency. Also included are PLN and HUF as other options as well as ZAR and SGD.

Russian RUB is available only if you are located outside of cysec and FCA regulatory areas.

If you are an XM zero account holder, you can access USD or EUR as base currencies with JPY available under global market regulation.

XM ultra-low account holders can select between five base currencies. These are EUR, USD, GBP, AUD, and CHF.

If you are an XM shares account holder, USD only is available for trading with.

XM funding and deposit methods

Again there is a range of XM deposit methods available to traders. These will depend on the country in which you live and not the regulatory jurisdiction you fall under.

Wondering for example if you can make a minimum deposit in ZAR?

The answer is yes, you can deposit in any currency, this includes ZAR. These funds will then simply be converted into your base currency for trading on your account.

Wire transfer

XM deposit by wire transfer is, of course, available and widely used. This funding method is available to traders worldwide and there is an minimum deposit of $60 in place here.

With that said, you will incur a fee if the wire transfer you make falls below $200. If the deposit is above this amount, then not only will XM waive any fees they charge, they will also cover any fee you would usually incur from your own bank side. Therefore, although it is not explicitly required, it is in your best interest to deposit more than $200.

Credit cards

Credit card deposits are available through both visa and mastercard at XM. These are accessible to traders around the world with a minimum deposit amount of just $5.

There are no fees associated from the broker side, but again if your financial provider does levy a fee, this will be covered for anything over a $200 deposit by XM.

Ewallet

Again, the minimum XM deposit through an ewallet is only $5. This can be made through neteller, skrill, perfect money, or a host of others dependent upon your country. At this time XM paypal deposits are not available.

Cryptocurrency deposit in the form of bitcoin is available but again this will depend on your location to determine if this option is open to you or not. There are no fees from the broker side for deposits through these methods.

Other XM deposit options

Other XM deposit options available include both western union and moneygram although these will depend on your location and fees may be applied for these services although not from the broker side.

Various local methods and local bank transfer deposits may also be open to you depending on your area. These minimum deposits will vary.

69.75% of retail CFD accounts lose money

XM minimum deposits

As with most low deposit forex brokers, beyond the funding methods, the XM broker minimum deposits may also depend on the account type you are holding. Here is a rundown of what to expect depending upon the account type you have.

Standard account

The XM standard account is available under every jurisdiction and with a very good value $5 being the minimum deposit here, it is easy to see why many choose to trade with it.

Islamic accounts are also available if you should require them.

Micro account

Again, the XM minimum deposit on their micro accounts is suitably small at just $5. These accounts facilitate trading in micro lots at excellent rates and are available to all traders in every regulatory area. Islamic traders are also catered for.

XM zero account

Changing things up slightly, we arrive at the XM zero account. This account type is available under cysec, FCA, and most of the countries regulated under the XM global market regulatory framework.

The spreads here are unbeatable starting at 0 pips although commissions are charged on trading. The XM minimum deposit for trading on these accounts is still just $100. This represents good value since you can also have access to your own VPS. Again islamic, shariah law compliant accounts are available.

Ultra low account

This XM low spread account type is available to traders based in australia and within the XM global market regulatory framework. This account comes with extra low spreads and no commission to worry about.

The minimum deposit on this account type is $50.

Shares account

Finally, the XM shares account which focuses on shares trading is available only within the XM global market regulatory area and with a $10,000 minimum deposit.

Related guides:

69.75% of retail CFD accounts lose money

Deposit bonus

XM bonus amounts and XM deposit bonuses are available though not to those regulated under cysec or FCA rules. Also, although you can receive bonuses under certain circumstances with XM, the bonus amounts themselves are typically not eligible to withdraw, though any profits derived from them usually are.

No deposit bonus

Unlike many brokers, an XM no deposit bonus is available. This means you can effectively start trading without any real money. While you cannot withdraw the bonus funds, you can withdraw any profits made from them.

This XM bonus amount is in the form of a $30 welcome bonus or the equivalent amount based on your account.

XM bonus program

An XM bonus program is in place. This program provides for a 50% deposit bonus up to $500 and then a further 20% deposit bonus on amounts up to $4500. This can be redeemed through trading with the broker. The only exception with this is that it is not available with XM ultra-low accounts.

69.75% of retail CFD accounts lose money

XM broker review

XM brokerage company was created as a coproduct of trading point financial instruments ltd., which has a reputation of one of the world's largest providers of internet trading services. Forex broker XM started its activity in 2009. The company was founded in cyprus, called initially xemarkets, but after rebranding its name was shortened to XM.

XM in 2020 is a significant and globally recognized investment company with a leading position in the industry. The broker has the knowledge and resources to allow traders with any experience and from any country in the world to implement their investment plans successfully. And by tracking the latest trends in the industry and incorporating the latest technologies into its operations, the company is continuously improving to meet the growing and more sophisticated needs of its clients.

The results of the company's work for ten years: 2 500 000+ clients; traders from 196 countries; support of 30+ languages; 25+ payment systems; 16 multifunctional trading platforms; 450+ specialists with rich experience in finance.

Regulation

The british regulation of the FCA (trading point of financial instruments UK limited) is the most powerful advantage of a broker. It means that the company's activity meets all the regulatory rules and regulations. A licensed broker is a reliable broker, and if he has a license from the most significant regulated body, the integrity of his work is beyond doubt.

Also, XM group is licensed by ASIC in australia (trading point of financial instruments pty limited) and cysec in cyprus (trading point of financial instruments ltd).

Feedback

One of the most important indicators of the broker's work is the feedback of traders who already have experience working with the platform and are ready to share it. Reading the feedback from XM clients, you realize that a broker tries to work for a client, always goes to a meeting, providing high-quality services and excellent service. Traders are happy to work with a broker and do not need to use other similar services, the reliability of most of which is in considerable doubt. They highly appreciate XM and leave a lot of positive feedback.

First of all, users are impressed by the principles on which the work of the broker XM is built. Excellent, attentive attitude to the client and his needs, quick problem solving, favourable conditions for profitable trading and all this is accompanied by the highest service.

Among the advantages of the service, clients note a modern multi-language interface, stable operation of the software, timely payments, fast registration and simple verification, a large number of instruments for trading, low spread, fast order execution, frequent bonuses, reliability, competent support service.

"I like this broker, and I have been working closely with him for a long time. Always payments are timely, and I am satisfied with them. You can count on it, and what else do you need?"

"thank you, XM for its quality service! One of the few companies that warn about trade risks."

"quite a good broker with excellent, just great execution. Of course, the spreads are a bit large, but due to the excellent execution of trades, this is not felt. The website has a great bonus program and loyalty program".

“positive broker, the main advantage of technical support of the client on the questions, timely, accurately, withdrawal of money on the day of the order on the conclusion that pleases, not everyone has it: traditional trading conditions, plus bonuses. I continue to trade with XM”.

As for negative reviews, of course, they also exist, but they are rare. The deal was cancelled, long waiting for withdrawal of funds, too secure password, etc.

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

Advantages and disadvantages

International focus: 2.5 million clients from 196 countries;

Licensed and regulated broker: FCA (UK), ASIC (australia), cysec (cyprus);

Intuitive and straightforward interface, characterized by the smooth operation;

Multilingualism: customer service in more than 30 languages;

Seven asset classes: trading currencies in forex, stock indices, commodities, stocks, metals and energy;

Three types of accounts with different trading conditions, as well as the possibility to open a demo account;

The minimum deposit to open an account is $5;

100% order execution and 99.35% of transactions are opened within 1 second;

100% order execution and 99.35% of transactions will be unlocked within 1 second;

Fast implementation of orders on cent accounts;

1000+ traded instruments;

Narrow spreads: from 0.6 pips for all trading accounts;

55+ popular currency pairs;

300+ cfds on shares, indices, commodities, metals, energy;

Zero commissions for input and output;

Personal account managers;

Free daily technical analysis of the forex market;

A huge amount of training materials, free webinars;

Issue of mastercard bank cards with your logo and the ability to withdraw funds to them without commission pay for goods and services on the internet;

Fast and qualified technical support;

Bonuses: welcome bonus (up to 5000$), a loyalty program.

Weak password protection for your account: you cannot use special characters when compiling a password;

Lack of two-factor authentication;

Not regulated by the central bank of russia;

No ECN-accounts (electronic communication network).

XM review and tutorial 2021

XM.Com offer a range of account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.

XM.Com deliver ultra low spreads across a huge range of forex markets. Flexible lot sizes, and micro and XM zero accounts accommodate every level of trader.

XM review; touted as the next generation broker for online forex and commodity trading, XM global webtrade is suitable for beginner and seasoned traders alike. Traders can get started with the trading software real account, or test the waters with a demo account platform with $100,000USD of virtual currency.

Highlights of this particular broker service include auto trading, no hidden fees or commissions and fast order executions, with 99.35% taking place in under 1 second.

Company details

XM group (XM) is a group of regulated online brokers. Trading point of financial instruments 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).

XM global was established in 2017 and is regulated by the international financial services commission (000261/106).

The platform boasts over 1.5 million clients with traders in 196 countries. The XM ethos is all about being big, fair and human. The company prides itself on things like excellent customer service and a personalised approach for every client, no matter their investment goals.

XM trading platform

XM offers 2 trading platforms which are accessible from both real and demo accounts. The multi-award winning metatrader 4 is predominantly a forex trading platform that supports stop, limit, market and trailing orders.

The metatrader 5 platform is a multi-asset trading platform which also offers access to stocks, stock indices and precious metals. Both platforms are available on apple and android devices, which makes for a smooth and easy-to-use mobile trading experience.

The trading area offers additional, optional tools, such as economic calendar or trade volume stats.

Assets / markets

This broker has more than 1000 financial instruments which can be traded on the MT4/MT5 platforms and this includes forex trading, stocks cfds, commodities cfds, equity indices cfds, precious metals cfds and energies cfds.

Forex trading is available on over 55 pairs, including the major USD, GBP, EUR and JPY pairs.

XM does not offer binary options or futures.

Spreads & commission

Spreads vary depending on the kind of account opened. It’s possible to open a micro account, standard account and XM zero account. The minimum spread across all accounts is 0.1 pips, and the average spread for a major pair such as EUR/USD is 0.1 pips.

XM operates a strict “no hidden fees or commission” policy. As such, commission is only given for XM zero accounts. XM covers all transfer fees and same-day withdrawals are guaranteed.

Leverage

Depending on the instrument, the leverage can range from 2:1 to 30:1. This is completely flexible and XM offers its clients the chance to manage their own leverage risk. Margin requirements remain constant throughout the week and never widen at weekends or at night.

This leverage applies to clients registered under the EU regulated entity of the group.

XM mobile apps

XM is available on a number of android and apple devices, including apple iphone, apple ipad and android tablets and android phones. Login is super-easy and can be done via fingerprint. You can download their apps from the apple app store or the google play store.

They are both fully functional and allow for monitoring and trading on-the-go. The desktop platforms for PC and mac both support one-click trading.

XM global trading platforms

Payment methods

In line with conventional KYC regulations, users need to provide a colour copy of an official identification document such as a passport or a driver’s license. They also need to provide a recent utility bill dated within the last three months as proof of address.

Once registered, the minimum deposit amount is $5 for micro and standard accounts, while zero accounts require a minimum deposit of $100.

Deposits can be made using most major credit cards, electronic payment methods, wire transfer, local bank transfer and more.

Deposits can be made in any currency and it will be automatically converted into the currency you select as your base currency when opening the account.

All withdrawals are processed in 24 hours and there are no fees to take your money out of your ewallet.

Demo account

XM excels in its demo account offering. Users can set up a demo account with just a few details and then get trading with a virtual balance of $100,000USD. The XM demo account is unique in that it offers exactly the same trading conditions as the real thing.

There are no time limits on how long you can use your demo account.

Bonus deals and promotions

XM also offers a free VPS (virtual private server) service to help increase the speed of trades. This VPS is accessible from anywhere and available 24/7. They claim to eliminate downtime and are available across the globe.

XM are also offering commission and fee free withdrawals and deposits.

As an EU regulated brand, XM comply with the ESMA ban on bonuses, and the $30 deposit bonus is no longer available to EU traders.

Regulation and licensing

As noted above, XM group has a range of brands covered by different regulators.

XM group (XM) is a group of regulated online brokers. Trading point of financial instruments 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).

XM global was established in 2017 and is regulated by the international financial services commission (000261/106).

Additional features

One of the biggest perks available on the XM platform is the wealth of training and educational materials available. The platform hosts regular webinars aimed at newcomers and seasoned professionals alike.

The platform is inherently social, encouraging users to learn from their team of instructors. The company also published research and technical analysis.

XM MT4 and MT5 forex trading

XM account types

There are four levels of trading account, micro, standard and zero. All accounts allow up to 200 open/pending positions per client.

Micro accounts: micro accounts can use USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN as the base currency and can get started with a minimum deposit of $5USD. 1 micro lot is 1,000 units of the base currency.

Ultra low accounts: XM ultra low accounts, can use EUR, USD, GBP, AUD, ZAR, SGD as the base currency and traders will require a minimum deposit of $50 USD. 1 standard ultra lot is 100,000 units of the chosen base currency, whereas, 1 micro ultra lot is 1,000 units of the base currency. XM ultra low accounts are not applicable to all entities of the group.

Standard: standard accounts can use USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN as the base currency and traders can get started with just $5USD. 1 standard lot is 100,000 units of the chosen base currency.

Zero accounts: zero accounts can use USD, JPY and EUR as the base currency and traders will require a minimum deposit of $10USD. Like the standard account, 1 standard lot is 100,000 units of the chosen base currency.

Benefits

XM offers a full-service education package on forex, ideal for those making their first steps into trading.

However, this isn’t at the expense of the more seasoned professional, who also have access to expert analysis and unparalleled tracking tools. As a company that prides itself on solid customer service, their users are well-served with support available in many different languages.

Drawbacks

While the support may be strong, some users dislike that customer support is only available monday to friday. Another disadvantage is the lack of diversity between the different account types makes for a less personalised feel.

Other brokers offer more a distinct offering in their accounts, but the micro, standard and zero accounts are almost identical. And finally, paypal deposits are not currently supported, which can be problematic for some.

Traders from certain regions are also forbidden to open an account due to licensing laws, these include canada and the united states.

Trading hours

In line with worldwide forex market hours, XM is available 24 hours a day. For phone trading, the XM trading hours are sunday 22:05 GMT through to friday at 21:50 GMT.

Contact details / customer support

The easiest way to contact XM is through their live chat feature found on the contact page of their website.

You can also email support on: support@xm.Com

Or call on ‎+357 25029933.

Safety and security

There are no obvious security concerns with the website. Users are required to confirm their email address in order to open a demo account but signing up for email updates is not a requirement. In order to open a trading account, identification documents are required.

According to the company privacy policy, XM has organisational procedures in place to ensure that personal data is kept secure.

Overall verdict

XM offers a comprehensive broker service to traders of all levels. Whether you are just starting out and learning the ropes, or if you’re a seasoned trader looking for a reliable and efficient platform, XM is a solid choice.

Despite the shortcomings with the different account options, the platform is easy to use and simple to navigate.

Accepted countries

XM accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use XM from united states, canada, israel, iran, portugal, spain.

XM sign up bonus

A XM sign up bonus of US dollar 30 is offered by XM.

The US dollar 30, or currency equivalent, bonus is automatically credited to the trader’s account and it is non-withdrawable. Only profits earned can be withdrawn.

This offer is only available to new traders who register a real account, demo account users are not considered eligible.

This offer is not available to demo account holders or XM ultra low account holders.

Referral bonus

XM does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by XM.

Referral bonuses are offered by brokers to traders in an attempt to draw in new clients and expand their customer base.

Often these types of bonuses have strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.

Some of the criteria includes, but is not limited to:

The referral has to register a real account with the broker using a unique referral link so that the registration can be traced back to the trader.

The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.

A certain minimum deposit amount has to be made by the referral.

The referral may be required to execute a certain number of trades on the new account before the trader becomes eligible to receive the referral bonus

Additional bonuses, promotions and rewards

XM offers trading bonuses to active traders and loyal customers through the XM loyalty program where traders are rewarded with special seasonal bonuses during specific calendar events and occasions.

Pros and cons

PROS	CONS
1. First time sign up bonus provided which serves as a welcome bonus and no deposit bonus	1. No referral bonus offered
2. Trading bonuses offered through XM loyalty program for active traders and loyal customers

Conclusion

XM global

Summary

XM group was established in 2009 and currently have active management offices 3 different countries

XM AU (trading point of financial instruments pty limited) is located in australia. Regulated by the australian securities and investments commission (ASIC). License number 443670
XM global limited is located in belize. Supervised by the international financial services commission (IFSC). License number IFSC/60/354/TS/19
XM cyprus (trading point of financial instruments ltd) is located in cyprus. Cyprus securities and exchange commission (cysec) regulates this company with the license number 120/10.

Trading accounts

XM provides 4 accounts for their customers

Micro account

Standard account

Ultra low account

Shares account

Registering an account

New account registrations are made online. Citizens of the USA, canada, japan, new zealand and china are not allowed to open accounts at XM.

Here are the steps to open an account with XM global:

Fill in your personal information such as e-mail address, date of birth, address, etc.

Select your account, platform, and account currency for your account type.

There are a few questions you need to answer about your financial situation.

Send your documents. You will need to verify your identity by uploading a picture of your official identity document or passport, and verify your address by uploading an invoice or proof of residence.

Once XM validates your documents, you are ready to go. The documents of our test account were verified on the same day.

Deposit and withdrawal

XM does not charge any fees for deposits or withdrawals. You can see the deposit or withdrawal options in the specification section at the bottom. As usual, the deposits are completed within few hours but withdrawals take 1 or 2 business days.

Trading platforms

XM is compatible with metatader softwares. You can also use MT4 or MT5 and web and mobile versions of the same softwares.

Products, spread and commissions

XM offers large amount of products for trading. Spreads can be considered as medium. Not bad, but we’ve seen better ones. For an ultra-low account, you can see available products and spreads in the following image (in points). The image was taken at the end of the london session, so you will usually see these spreads during normal trading hours.

Bonuses

The active promotions offered during the review period are as follows:

$30 instant bonus on all new accounts

Deposit bonuses up to 50%

XM loyalty program

Free VPS server

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Customer service

XM customer service is available 24 hours on week days, support is available via live chat, telephone and email. XM has representatives who speak almost 30 languages, making it suitable for all customers around the world. Our test support email was replied on the same day. The online chat representative answered our call in only one minute.

Conclusion

As a result, XM was affected by new regulations for euro zone companies. The company offers attractive bonuses and educational content on its website. It can be considered as a relatively new company compared to its competitors, but it has a significant volume of transactions and customers as well. It is suitable for clients who want to use metatrader software and want to benefit from bonuses. We highly recommend you to open a demo account and trade with virtual money before registering a live account.

So, let's see, what we have: want to know the real conditions of XM deposit bonus? Check out the requirements for XM bonus deposit and find out the withdrawal process policies. At xm global bonus