XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.

Xm no deposit bonus terms and conditions


After this information is filled out, the second part of the questionnaire will load.

Top forex bonus list


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.

Here, the user is asked to provide some additional details, like the date of birth and address. 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!


XM no deposit 30 USD bonus – read an honest review


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.




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.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


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 No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


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!


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


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.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


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.



How to get started with XM no deposit bonus?


The forex trading market consists of a bunch of individual elements and variables. For a successful trading endeavor, you need to account for the most important ones among them, and for many traders, bonuses can fall into that category.


Many forex brokers feature bonus promotions on their platforms, but it’s not always easy to select the best among them. Some brokers use bonuses for solely cosmetic reasons; their only goal is to make their platforms more appealing while not offering any significant value in real life.


In the following XM no deposit bonus review, we’re going to take an in-depth look at this promotion and give you our honest opinion about it.



First look


XM no deposit bonus is a great start for getting a professional forex trader. XM has proved its reliability and excellence many times and keeps the position of the frontier in the forex trading market. The broker is currently offering a 30$ bonus to its new clients all around the world. The free bonus XM offering is a great opportunity for the beginners as it features a free bonus that can be used for starting FX trading with this broker.


In other words, the broker is giving free 30 USD to the new users just for opening the real account with it. Although the bonus is available to any new user, people claiming the bonus should be eligible to receive it.


One of the main reasons why our review of XM no deposit bonus already proves the credibility of this promotion is that the broker offering it is credible itself. It features licenses from a bunch of prestigious regulators, be it FCA, cysec, or IFSC. Therefore, you can rest assured that XM is providing you with the best conditions for your forex trading endeavors.


How to get XM no deposit bonus


XM website is very user-friendly and convenient to use, it displays all the needed instructions and information, therefore, it is easy to navigate even for those users who have never had any experience with forex trading or with XM broker. Getting XM welcome bonus is very easy and takes several steps only.


Click here to get your XM free $30. You will be landed in the promotion section where you will see several promotions that are currently offered to the customers of XM broker.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Choose the XM USD 30 trading bonus, this action will lend you to the XM no deposit bonus page where you can claim your bonus with just one click.
To get the XM bonus you need to have a real account, therefore the website automatically suggests you create one.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Registration for getting XM welcoming bonus


As our XM no deposit bonus review reveals, you need to create a live XM account in order to get the bonus from the broker. But there’s nothing awfully complicated about this; you can create an account in just a couple of easy steps, namely:



  • You are required to enter personal details such as name and surname as it is written in your identity document, country of residence, phone number, and e-mail address. You should choose your preferred language as well. Currently, XM offers 25 languages you can choose from.
    XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.

  • Besides personal details, you will be asked to choose a trading platform type and account type. XM offers a choice between metatrader 5 and metatrader 4. You can have access to these platforms with several devices such as PC, mac, IOS and android devices, in addition to this metatrader 5 also includes XM webtrader, meaning that you will not need to install any software. Which trading platform you need to choose depends on what do you want to trade. Metatrader 4 is predominantly a forex trading platform, while MT5 also offers to trade in stocks, stock indices, and precious metals. To get the XM bonus there is no difference which platform you will choose.

  • The next step is choosing an account type you have the choice between micro, standard, XM zero, XM ultra-low micro and XM ultra-low standard. You can check what are the offerings and differences between the account types on the XM website in the section of account types.
    XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.



The next steps


After you finish the first part of the registration, the second part of the questionnaire will load. Our review of XM no deposit bonus shows that in this step, you have to provide additional information such as date of birth and address details. Also, you will need to answer several questions, which include whether you are a US citizen, provide more data about your employment status and etc. This is done simply to determine the purpose of the client. And after you enter the preferred password for your account, you’ll get even closer to claiming your own XM no deposit bonus of 30 USD.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


After you have gone through both steps of the registration, you will receive an email to confirm the transaction on the email address that you have indicated while registration. You will be able to confirm the transaction through the link that is provided in the email. After it, you will be able to log into the system as you will receive your ID which you should indicate while accessing in members area with the password that you have set while registration.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


XM no deposit bonus terms and conditions


Once you have got your XM no deposit free bonus, you might be interested in what the terms and conditions are that you need to follow to use the XM forex no deposit bonus. Only the new clients of XM are eligible for receiving the $30 no deposit bonus from the broker, and that’s if they meet the criteria points. The only restriction is to the people who are under 18 years old or otherwise under the legal age in their country of residence and are considered as “minors.”


As our XM no deposit bonus review shows, the broker maintains the right to cancel your bonus claim immediately: if it suspects that client has abused or attempted to abuse the promotion or has violated the fair rules of the trading bonus, the broker reserves the right to deny, withhold or withdraw the trading bonus promotion or any other promotion from the user. In order to activate the bonus, clients need to verify their phone number via SMS and/or voice verification procedure. All eligible customers can hold only one trading bonus which is attached to the unique IP address.


After the registration, it might take up 24 hours for the user to get their XM free bonus, although it generally takes half an hour to get the money on your deposit. The bonus can only be used for trading purposes and cannot be withdrawn. After a person has opened the account they have 30 days’ limit to claim the bonus. After that time, the promotion will become unavailable.


XM bonus withdrawal


Users are not able to withdraw the initial 30 USD they get as a bonus, but they are of course allowed to make the withdrawal of the profit they make by trading with XM. And the withdrawal policy at XM is pretty beneficial, although any withdrawal of funds will result in the proportional removal of the trading bonus. Here is the example for better understanding:


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Why should you choose XM $30 no deposit bonus


XM is widely known as a company whose reputation is beyond any suspicions. This cyprus-based company with its 10 years of experience proves that it has taken its trading platform to perfection. It is needless to say that they are fully regulated by the cyprus regulator cysec, they are also fully compliant with regulatory bodies such as FCA, FIN, bafin, AFM, CNMV, and FI.


One of the many advantages of trading with them is a highly innovative platform and user-friendly interface and professional customer support in 25 languages, which can be crucially important for beginner traders. This is why we advise starting with XM forex no deposit bonus. And, as our review of XM no deposit bonus shows, it is easy to get and with the XM platform and the support system makes it easy to comfortable for the new users to start successful trading.



XM $30 no deposit bonus


XM no deposit bonus scheme is a business terms of XM forex broker that is only eligible for new clients. XM is a forex online broker regulated by the cyprus securities and exchange commission, the australia securities and investments commission, and the trading point of financial conduct authority.


Therefore, you can trust XM for trading forex related services. It offers trading activities through MT4, MT5, and webtrader trading platforms.


Moreover, let’s know the process to get free $30 no deposit bonus on XM platform.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


How to get the XM $30 no deposit bonus for free?


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.



  • Signup to XM broker by opening real account.

  • Verify your account by providing all your necessary documents.

  • Go to the member area and perform SMS (phone number) verification.

  • Click on claim your bonus.

  • Get 30 USD or equivalent no deposit trading bonus.

  • It may take up to 24 hours to get no deposit bonus in your real account.


How to withdraw profit from XM no deposit bonus?


Before withdrawing profit amount, the trader must complete at least 10 micro-lots (0.1 standard lots) and also complete at least 5 round turn trades in real account. You can verify this by visiting member area > account > trading history.


As per XM terms and policy, you cannot withdraw the initial no deposit money i.E. $30 bonus. The free bonus provided by XM will be removed proportionally after making the profit.


Here is the example of XM fund withdrawal from $30 no deposit bonus


Example 1: if you haven’t deposit real amount in XM


No deposit trading bonus amountUSD 30
profits generated from trading with the no deposit trading bonusUSD 100
balance available for withdrawalUSD 100
amount of requested withdrawalUSD 40 (40% on USD 100)
amount of trading bonus removalUSD 12 (40% on USD 30)


Example 2: if you have deposit real amount in XM


No deposit trading bonus amountUSD 30
deposit amountUSD 500
profits generated from trading with the no deposit trading bonusUSD 100
balance available for withdrawalUSD 600
amount of requested withdrawalUSD 360 (60% on USD 600)
amount of trading bonus removalUSD 18 (60% on USD 30)


Terms and conditions – XM no deposit bonus


Before claiming free bonus, don’t forget to check XM terms and conditions for no deposit bonus. Here are some of the conditions.



  • XM $30 bonus is only eligible for new clients.

  • Clients must claim the free bonus within a 30-day of opening account.

  • Eligible client must hold only one account per 1 unique IP address.

  • No deposit bonus can’t be transferred between live trading accounts in XM.




XM deposit bonus: policies and limitations


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.




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:


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.

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.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


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:


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


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 No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


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:



  • USD

  • EUR

  • GBP

  • JPY

  • CHF

  • AUD

  • HUF

  • PLN

  • RUB



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 30 USD no deposit bonus


$30 no deposit bonus to start trading on XM metatrader4.


Free 30 USD to start trading with XM, the mega forex broker from “world finance 100”.


XM - what's now?


Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.


Promotion details


available to only new clients of XM (not available to clients registered under trading point of financial instruments ltd)
duration unlimited
offer 30 USD no deposit bonus
how to get open an account & complete verification process

XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.



  • What’s XM’s $30 no deposit bonus?

  • XM $30 no deposit bonus promotion

  • Why you should get XM’s $30 no deposit bonus?

  • XM $30 no deposit bonus information

  • How to get XM’s $30 no deposit bonus?

    1. Open a real account

    2. Log in to the members area using the credentials sent to you by email

    3. Provide the relevant identification documents to validate your account

    4. Click the button to claim your bonus

    5. Complete the voice verification process



  • Fund withdrawal condition of XM’s $30 no deposit bonus

  • Removal of XM’s $30 no deposit bonus

  • FAQ of XM $30 no deposit bonus promotion

  • Other terms and conditions of XM’s $30 no deposit bonus


Get started with XM’s free welcome bonus $30.


The promotion gives you an opportunity to experience XM’s trading environment without risking your own funds.


What’s XM’s $30 no deposit bonus?


XM is giving away $30 to new traders.


To the participants of the promotion, 30 USD trading bonus is given away to start investing with XM no deposit bonus.


There is no cost or deposit requirement involved to participate to this promotion.


To get the bonus, open XM’s real account, verify your account information and apply for the promotion in “member login”.


The bonus amount will vary depending on the account base currency.


XM offers various base currency options, and the promotion’s trading bonus amount is 25 EUR, 20 GBP, 25 CHF, 3000 JPY, 30 AUD, 1000 RUB, 100 PLN, 7000 HUF, 40 SGD or 347 ZAR.


XM $30 no deposit bonus promotion


bonus amount 30 USD no deposit bonus
requirement account and voice verification
withdrawal of bonus amount not available. Any profits generated can be withdrawn at any point in time, however, any withdrawal of funds will result in the proportional removal of your trading bonus.
Available for new traders of XM
trading platforms MT4 and MT5

Why you should get XM’s $30 no deposit bonus?


For both new and experienced forex traders, XM’s $30 no deposit bonus is worth a try.


By participating to this promotion, you have following benefits.



  1. Trade without risking your own funds
    the promotion required no deposit from you, thus enabling you to trade forex and cfds without risking your money.

  2. Cost and commission free
    to get $30 no deposit bonus and start trading, you don’t need to cover any costs at all.*

  3. Getting started with XM
    the promotion gives you great opportunity to experience XM’s trading environment.

  4. Profits earned are available for withdrawal
    by meeting certain requirements, you can withdraw profits made in the bonus account.



Please note that XM is regulated and licensed by multiple financial authorities, and XM’s $30 no deposit bonus may not be available for traders under certain jurisdictions.


To find out if you are eligible to receive the bonus or not, please visit XM official website and contact support team.


XM $30 no deposit bonus information


Here is the main condition of the promotion run by XM.


Available for new traders of XM
bonus amount 30 USD or equivalent amount in other currencies
requirement account and voice verification
cost of participation none
promotion period unlimited
withdrawal of fund and bonus only profits can be withdrawn with conditions

How to get XM’s $30 no deposit bonus?


To receive $30 no deposit bonus XM, follow the steps below.


1. Open a real account


To open a real (live) trading account with XM, please go to the page below.


The online registration steps may only take a few minutes to complete.


2. Log in to the members area using the credentials sent to you by email


Once you complete the online registration with XM, you will receive login credentials to the registered email address.


Login to XM’s members area from the official website where you can manage your accounts and personal information.


3. Provide the relevant identification documents to validate your account (if you have not already done so)


As XM is a regulated and licensed forex & CFD broker, the company is required go through KYC (know your customer) process with any single trader.


To participate to XM’s $30 no deposit bonus promotion, it is also required to go through the process and verify the account.


The required documents to verify your account are:



  1. ID
    driver’s license, identity card, etc

  2. Proof of address
    electricity, gas, water, phone, oil, internet and/or cable TV connection, bank account statement



Submit the copies of these documents in XM’s members area.


4. Click the button to claim your bonus


Once the account verification process is completed, you can claim $30 no deposit bonus.


In XM’s members area, go to “bonus promotion” sections and click on the button to get the bonus.


5. Complete the voice verification process by following the on-screen instructions.


The last thing you need to do in order to get XM’s $30 no deposit bonus is the “voice verification”.


Follow the on-screen instructions to complete it.


Now you will get $30 in your account without making a deposit.


It may take up to 24 hours before any bonus is added to the account of an eligible client who meets all of the criteria set forth herein.


Fund withdrawal condition of XM’s $30 no deposit bonus


XM’s $30 no deposit bonus amount may be used for trading purposes only and cannot be withdrawn.


Profits made on in the bonus account can be withdrawn at anytime, given that the following requirements are met.



  1. Trading of 10 micro lots (0.1 standard lots)

  2. 5 round turn trades



The number of lots traded and of round turn trades realized can be verified by logging in to account under the “account history” tab or by
logging in to members area.


Removal of XM’s $30 no deposit bonus


Any withdrawal of funds will cause the removal of the previously awarded trading bonus(es) proportionally to the percentage of the requested amount of the withdrawal


Below you can find some examples for your better understanding:


no deposit trading bonus amount deposit amount profits generated from trading with the no deposit trading bonus balance available for withdrawal amount of requested withdrawal amount of trading bonus removal
USD 30 0 USD USD 100 USD 100 USD 40 (40% on USD 100) USD 12 (40% on USD 30)
USD 30 USD 500 USD 100 USD 600 USD 360 (60% on USD 600) USD 18 (60% on USD 30)

FAQ of XM $30 no deposit bonus promotion


Here are some frequently asked questions of the promotion run by XM.


Who can receive the XM’s $30 no deposit bonus? All new traders who have never opened an account with XM can receive the bonus. Please note that the promotion is not available for traders in certain countries. How many times I can receive this no deposit bonus? The bonus can be received only once per eligible client. What are the requirement to get XM’s $30 no deposit bonus? The main requirements are account verification with documents and voice verification in the members area. Any costs or extra commissions involved while participating to the promotion? The promotion requires no deposit from you, charges you none and has no extra commissions. What can I trade by using XM’s $30 no deposit bonus? XM offers various financial instruments including forex, commodities, equity indices, precious metals and energies. How much fund can I withdraw from XM’s $30 no deposit bonus account? You can withdraw profit made in the bonus account. The requirement for profit withdrawal is specified above. Why I don’t see any option to receive $30 no deposit bonus in XM’s members area? In this case, XM’s $30 no deposit bonus promotion may not be available for your region. For more information, please contact XM support team from the official website isn’t $30 too small amount to trade forex online? The bonus is given so new traders can experience XM’s trading environment without risking their own funds. $30 is still an enough fund to order forex and CFD positions online.


Do you have other questions in mind? Contact XM support team available in multi-language for 24/5 from the official website.


Other terms and conditions of XM’s $30 no deposit bonus


Here are some additional terms and conditions that you should know beforehand.


Make sure that you read the original terms and conditions from XM’s official website before joining.



  • This XM’s $30 no deposit bonus promotion is offered by tradexfin limited (formerly known as “trading point (seychelles) limited”).
    The promotion may not be available to investors of certain countries.

  • XM’s $30 no deposit trading bonus scheme is not allowed for persons under the age of 18 or otherwise under legal age in their country of residence (“minors”).

  • All eligible investors can hold only one “XM’s $30 no deposit trading bonus” account per one 1 unique IP address.

  • Participation of “intermediaries/related parties” in the “no deposit trading bonus scheme” is prohibited.

  • The bonus amount you can get through this XM’s promotion is 30 USD or equivalent amount in other currencies.

  • To be eligible to receive $30 no deposit bonus from XM, you must complete SMS verification or/and voice verification through XM’s member’s area.

  • XM’s $30 no deposit bonus promotion is available only for new clients of XM.

  • The bonus can be received only once per eligible client. It is also limited per one IP address.

  • Profits generated in the bonus account can be withdrawn at anytime given that the trader has met all requirements of fund withdrawal.

  • To be eligible to withdraw profits from the bonus account, the relevant real trading account must reach at least 10 micro lots (0.1 standard lots), and at least 5 round turn trades have been completed.

  • The bonus amount cannot be transferred between accounts under XM.

  • It may take up to 24 hours for the bonus to be credited once the eligible client requests for the bonus given that the client has met all of the criteria.

  • The $30 no deposit bonus credited to your account is only available for trading purpose and cannot be withdrawn in any cases.

  • Any withdrawal funds from the bonus account will cause removal of previously awarded bonus proportionally to the percentage of the fund withdrawal.

  • In case of internal fund transfer between accounts under XM, the previous awarded bonus will be moved to the receiving account proportionally given that the account is also eligible for the promotion.

  • The bonus cannot be transferred separately between accounts.




How to start trading with XM no deposit bonus


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.




Platform



Min. Volume



Action


There are a bunch of different ways you can use to take your forex trading game to the next level. These include improving your knowledge by reading trading-related books and online tutorials, increasing your experience by trading with demo accounts, and ensuring the safest trading ventures by choosing a trustworthy broker.


One additional element of forex trading that can more or less affect your trading outcome is bonuses. Depending on where you live and where you’re trading forex, your broker may or may not come with such bonuses mainly due to regulatory restrictions. And if it does come with such bonuses, then you can start figuring out whether you can trust them or not.


XM welcoming bonus is one of the best opportunities for those who want to start forex trading with no money. Both beginner and experienced traders are to apply for it. With its 10 years of experience in the forex market, XM has a reputation of a reliable broker that constantly provides good service to its customers. In this XM no deposit bonus review, you will get to know what exactly is a no deposit bonus, how it works, and most importantly, how can you claim your free $30 today.


XM no deposit bonus description


Just like other brokers in the forex trading market, XM is also offering a no deposit bonus to promote its service and attract new customers. The bonus is for every trader who is eligible for opening a trading account with XM. All traders who will register with the broker for the first time will receive 30 USD on their account without depositing even one cent on it. Those who have accounts in different currencies will receive the equivalent of it, south africans having an account in ZAR will receive 347 ZAR from the broker.


XM no deposit bonus $30 is solely for trading purposes, meaning that individuals who receive it will not be able to withdraw it. Getting no deposit bonus from XM does not give you any financial obligation – if you lose the bonus money completely -that’s absolutely fine. On the other hand, the profits made with the bonus can be withdrawn at any time.


One additional piece of information to share here is that the no deposit bonus at XM is only available to south african forex traders. Unfortunately, traders from other areas cannot access this promotion this time.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


XM no deposit terms and conditions


As we have mentioned in the following review of XM no deposit bonus, this promotion does not have any financial obligation from the traders’ side. However, it does have terms and conditions that the trader should be aware of:



  • First things first, as it is XM welcoming bonus, only new clients are able to get it. If you already have an account with XM, unfortunately, you are not eligible.

  • The client who wants to claim the bonus should fulfill some basic criteria. An individual should be eligible to trade according to the laws of south africa – the only country where this bonus is available for now. An individual should not be under 18 years old and should not be considered as a minor in his country of residence. Minors are not allowed to open a trading account at all.

  • New customers are permitted to get XM $30 bonus only once, it is connected to the one and unique IP address, meaning that there can only be one bonus for one IP address. Customers also cannot open several trading accounts with the same registration details to get more than one bonus.

  • Transferring the bonus money from one real account to another is not possible. The bonus money can be used for trading on the same account it was initially applied to.



How can you get XM $30 no deposit bonus?


Receiving XM free $30 is easy even for the traders who are new to the forex trading industry. To claim your bonus, you need to open a real trading account with XM. Once you go to the XM’s website, you should head over to the page of promotions where you will see several offerings. Currently, XM is suggesting no deposit and deposit bonuses. You need to choose XM 30 USD no deposit bonus, click “read more”, and the button will transfer you to the bonus page. There you can find full information about the bonus and how it can be used. Now let’s go step by step on how to get the free $30 from XM.


Step #1 – opening a real account


As our XM no deposit bonus review shows, the first step is opening a real account with XM. You need to fill the registration form that consists of two parts. You need to provide your personal details such as name and surname as it is written in your identity document, country of residence, and preferred language. Your valid email, that you are using and your phone number. Both of them will be needed for fulfilling the next steps, therefore make sure to provide valid information, otherwise, you will not be able to receive the XM 30 USD free bonus.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


The registration form will ask you to make two important choices. First, you need to select which platform you want to choose. Currently, there are only two trading platforms available with XM – metatrader 4 and metatrader 5. It is up to you which one you select, but you need to make the choice depending on your trading needs and requirements. If you are not sure about the differences between these two trading platforms do not get confused, there is not a big difference. MT4 is predominantly a forex trading platform, while with MT5, traders can trade other instruments such as indices, precious metals, and more. If you want to know more about metatrader features and the differences between these two, check out the trading platforms review for more details.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


You need to select the type of account you want to hold with the XM forex broker. During our review of XM no deposit bonus, we have discovered that the account type does not affect the XM deposit bonus. XM is offering five types of trading accounts and you can choose the one based on your needs and trading goals/plans. These accounts are micro, XM standard account, XM zero, XM ultra-low micro, and XM ultra-low standard. We will not go into details of the account types here, you can find detailed information about them in XM detailed review.


After finishing the first part of the registration, the next page of the questionnaire will appear. After filling it up, you will be just one step away from getting the XM $30 bonus. On this step, you need to provide the details of your trading account such as the account currency, leverage, and account bonus. After it, you need to fill investor information – what is your investment amount in USD, your employment status, and so on.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Step #2 login to the members’ area


Once you are done with the registration process, you need to log in to the member’s area to receive the XM welcoming bonus. You will receive an email from XM on the email address you mentioned while registering. Via email, you will receive your ID for the members’ area. You can reach your trading account with this ID and the password you have indicated in the registration form.


Step #3 validate your XM account


The next step is the account validation. It is done very simply without much hassle. Once you log in to the members’ area, you will see the button requesting you to upload your documents for verifications. You need to upload two types of documents on the platform, namely:


1 – ID- a color copy of a valid passport, driver’s license, or any other legal document that proves your identity.
2 – POA – (proof of residence) it can be a bank statement or utility bill that dates within the last 6 months.


It may take a few days until XM approves your documents.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Step #4 claim your XM no deposit bonus


It can be done with just one click in your trading account! And, we have already mentioned this in our XM no deposit bonus review, the bonus is credited to your account right away.


Step #5 verify


The last step is verifying your XM no deposit bonus, after which you are good to go! The verification is done by SMS or voice verification. After it is done the broker will transfer the $30 on your trading account. Usually, the transaction takes up to 30 minutes, however in some cases, it might take 24 hours, so do not worry if the money will not appear on your account right away.


You can start trading right after you receive the money. We hope that your trades will be successful and soon you will want to withdraw your profits, so let’s see how it is done and what are the XM no deposit bonus withdrawal conditions.


XM no deposit withdrawal policy


As we have already mentioned, you cannot withdraw the initial deposit money as it is for trading purposes only. Let’s say you have traded for a while, if you want to withdraw the money, the initial amount of XM $30 bonus will be removed proportionally.


To withdraw the money you need to complete at least five round turn trades and the trading account should reach 0,1 standard lots. All of the no deposit bonuses have some kind of trading volume requirements. While some of them can be impossible to reach by beginner traders, XM no deposit bonus trading volume requirement is acceptable and realistic.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.
Why XM $30 free bonus?


XM free bonus is truly one of the best no deposit bonus offers that is available on the forex trading market today. The fists thing that speaks well about the bonus is the quality and reputation of the broker itself. As XM is regulated by the most trustworthy regulators in the world there is no possibility of getting yourself in some kind of scam or fraud with the broker. At the same time, it has been operating on the forex market for ten years now and has well established and developed services. It is very easy to claim the XM no deposit bonus 30 USD, and most importantly the conditions are well designed for even beginner traders. Hence, if you do not have a long trading experience, you can still be profitable with the XM bonus.



XM 30 USD no deposit bonus – claim here


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Platform


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Min. Volume


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Action


XM no deposit bonus is a great opportunity for the beginners or the traders that have not had any trading experience with the company. The broker has proved its excellence many times during its 10 years presence on the forex trading market and is widely known as a reliable broker around the globe. Currently, XM is offering a no deposit bonus to its new clients all around the world. Customers who are willing to start trading with XM can get $30 trading bonus after creating the real trading account with them. The bonus is available for anyone, but people who want to claim it should meet certain criteria. In this XM no deposit bonus review we will explain how can you get your no deposit bonus 30 USD and what are the terms and conditions of using it.


Who can get XM $30 no deposit bonus?


XM no deposit bonus is offered to all the new clients of the XM broker who wants to experience the trading process with XM on their platform to ensure themselves that the broker and the platform is the right choice. Although the newly register customer must be eligible and meet all the criteria to receive their bonus. Generally, the only restrictions are to the people who are under 18 years old or are otherwise under legal age in their countries of residence. The customers who fall under the category of “minors” do not have the right to trade and therefore cannot receive the money.


The customer should not have any history containing the events of violations of the broker regulations. In addition to that, if XM suspects that the user is violating or has an attempt to abuse the promotion or the fair rules of the trading bonus, XM broker reserves the right to deny, withhold or withdraw the trading bonus, or any other offered promotions for the user. Each and every customer can only get the trading bonus once. According to XM no deposit bonus terms and conditions the bonus is attached to the uniques IP address, therefore the user can hold only one trading bonus. Once the new customer creates the real trading account he or she has a 30-day limit to claim the free 30 USD, after that the promotion is no longer valid for this user.


How to get XM no deposit bonus


The process of getting XM global $30 bonus is very easy and takes several steps only. Once you go the XM website promotional section you will see that all the needed information and instructions are displayed in a way that even a beginner trader can understand it without any complication. Moreover, the website has a user-friendly design which makes it even easier to navigate there.


On the sections of promotions, you will see several offering that is currently active for the new users or current customers of the brokers.


To get your bonus you need to choose the trading bonus. Click here to claim your bonus, you will be landed to the 30 USD free bonus section directly.


*clients registered under the EU regulated entity of the group are not eligible for the bonus


Once you are on the page, you are one click away from getting your XM welcoming bonus.
In order to get it, you need to have the real trading account where you will be using 30 USD. Therefore the button for claiming your bonus will direct you to the registration of the real account. Creating the real account with XM consists from two steps and takes 2 minutes only. Let us go through the process of the registration process.



  • To create the real account and get you free XM 30 USD bonus you need to fill the first part of the registration application. You need to fill your personal information. XM requires for the first and last name you enter in the registration form to be as it is written in your identity document. You should also indicate your country of residence, phone number (you will need a phone number later for the SMS verification) and an E-mail address, where you will get your ID for accessing the trading account. Also, you need to choose a preferred language for yourself. XM offers a wide range of 25 languages to choose including english, spanish, german, italian, french, russian, chinese and more.

  • After filling up your personal information the registration form asks you to choose a trading platform type, currently available platforms with XM broker is metatrader 5 and metatrader 4. If you do not know how to choose between them, do not get confused. Here are the differences between these two platforms. Generally, you can access your trading account on MT4 and MT5 with pretty much all devices such as PC, MAC, IOS and android. However, metatrader 5 additionally includes XM webtrader, meaning that you will not have to install any software, as you can have access to the trading platform online. The second difference between the platforms is that metatrader 5 offers its users to trade in stocks, stocks indices, and precious metals, while metatrader 4 is predominately a forex trading platform. To sum up, metatrader 5 is an upgraded version of the MT4 and has two main features added – XM webtrader and trading possibilities for stock indices and precious metals. It is completely up to you which platform you will go with, both of them is highly recommended by the traders all around the world and you can get your XM no deposit bonus does not matter which platform you choose.

  • Once you have made up your mind on which platform you will start trading you should choose the account type you want to start with. In the registration form, you are given 5 options that are currently available for XM customers. These accounts are micro, standard, XM zero, XM ultra low micro, and XM ultra-low standard. We will not give in the depth of differences between the accounts here, you can check the XM website account section where all related information is displayed.



One step away from getting XM free bonus



  • Once you submit the first part of the questionnaire, the second part of the registration will be. At this point, you are one step away from getting your XM free $30. The next part of the questionnaire is designed in a way to finalize your trading account details and for XM to simply determine the purpose of the client. This part of the registration is pretty small as well. You will be asked if you are a US citizen or not, this question is solely for tax purposes.

  • Next, you need to fill up your trading account details such as – account base currency, account bonus, and leverage. The last part of the registration is to provide information about your investment amount in USD currency, your employment status and intended purpose and nature of transactions.
    After the questionnaire is completed the website will ask you to set a password on your account.


XM bonus transaction confirmation


Congratulations, you now have completed the registration process and are about to get your 30 USD. After submitting the registration form you will receive an email asking for confirmation on receiving the XM bonus 30 USD. An email will be sent on an address you have indicated while registering. Alongside with it, you will receive an ID for your trading account. You need to use this account number and the password you have indicated while registering to enter the members area.


Getting XM no deposit bonus on your account


After all the steps explained above are successfully completed you need to activate the bonus to get it on your trading account. You should successfully complete the verification procedure with SMS and/or voice verification. In a result, you will receive free 30 USD for trading on your account. The transaction might take up to 24 hours, but usually, the money appears on the user’s account in less than one hour. The XM forex no deposit bonus is solely for trading purposes, meaning that you cannot withdraw the initial $30, you can only withdraw the profit you will make from the trading. As we got to the point of withdrawal lets see what are the withdrawal restrictions and instructions.


XM bonus withdrawal


As mentioned above you are not able to withdraw the initial bonus money. Although you are free to withdraw the money which you will make from your successful trading. As per as XM withdrawal procedure any withdrawal of funds will result in the proportional removal of the initial trading bonus. You can see how it works on the picture below.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Why XM 30 USD no deposit bonus


Why should you go with XM forex free trading bonus? XM has a reputation that is beyond any suspicion. The company is cyprus based and is fully regulated by the cyprus regulator cysec. The company has 10+ years experience and throughout his presentation of the market, they have strongly established their name as a frontier of the trading industry. The broker has many advantages for the experienced brokers and the beginners. The main advantage, especially for the newcomers in the industry is a highly innovative platform and an interface that helps you navigate and easily understand the system. Besides that FX broker offers 24/5 professional customer support in 25 languages. This can be especially helpful for the new traders. This is why we advise starting with the XM 30$ bonus, as the advantages that the broker is offering to its customers can be a great start of a successful trading career.


*30 USD non-deposit bonus is not available to EU clients registered under the EU regulated entity of the group.



XM no deposit


Want to check what XM forex broker offers before making real money deposit with it? XM free bonus 30 USD is perfect tool for testing broker’s possibilities with no deposit! Should you try it? It is unclear, since there are better deals in the market. Here are few main advantages of XM no deposit bonus:


This bonus will not even require any documents from you! So read XM free bonus 30 USD review or get cash now!


Why would you want free XM bonus 30 USD? From the point of view of the professional traders it is always better to check all trading possibilities e.G. Commissions and execution time, before you give your money to this broker. This is why, getting XM no deposit bonus before you start trading with it, is awesome idea. Who knows, maybe your free trading would be so advanced that you make enough profits, to stay without any deposits. But we have to mention that XM forex broker is questionable and we would not advise you to deposit any money with it afterwards.


Getting this free forex cash is not difficult, and best bonus forex recons that it is actually more simple than making real 30 USD on your job or somewhere else. You should just register via link that is provided below and give your real cellphone number to XM forex broker. They will verify it via SMS and that would be actually it. Free money are supposed to come to you right away, if broker does not decides to cancel your bonus.


Lucky enough to get your bonus and are ready to take profits from the XM, hoping that it will not reject your request? In order to do so, you will have to fulfill few conditions.


First of all, trading volume that you have made should be at least 0.5 lots. This is not actually difficult, especially with 1:888 leverage. But remember, any trade below 0.01 lot will not be counted.


Secondly, there is a limit on your first withdrawal with XM no deposit bonus. You have to cash out at least 60 USD. Which is basically doubling up your starting money, shouldn’t be a problem, huh?


As a nice addition that should make your cash out even easier, there is no specified expiration date of your free XM cash. So, even if you trade really slowly, at some point you will be able to get required amount and get your forex profits if XM forex broker allows you to.


But be aware, that XM no deposit bonus conditions allow it to reject your withdrawal without any reason.


XM free bonus 30 USD is provided by forex broker with questionable conditions and reputation. We do not recommend you to take it.


Every deal has positive and negative sides. So what are pros and cons of the XM free bonus 30 USD? Read them below.


Bright side of the bonus



  1. Web trader and MT4 platforms

  2. No expiration date

  3. Small required trading volume



  1. Questionable broker

  2. Better conditions of other deals

  3. Not available for mobile trading



Getting XM no deposit bonus is really easy. You can click on any of the buttons above, or use links in this guide in order to start your free forex trading now!


Step 1


So, if you are at the website of XM forex broker, just click green button and start registration process.

XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Alternatively, you can click over here and you will end up right at the beginning of the registration process.


Step 2


The button will take you to the real account registration form, which looks like this.


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.
Do not be afraid, you will not have to deposit any money, XM free bonus 30 USD will be there for you. Provide your real data together with your phone number, since it will be verified. Then press “proceed to step 2” button.


Step 3


Choose your account type, amount of the investments and preferred leverage. Caution, you will have to give information about your investment experience and business that you are involved to. This is a standard set of questions, so do not be afraid!


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Step 4


Boom! You have created an account at XM forex broker! All what is left for you to do – find data for your login details in your inbox and login into members area. Free XM cash is hopefully there!


XM No Deposit 30 USD Bonus; read an honest review, xm no deposit bonus terms and conditions.


Step 5


After you will get into members area, you will have to type in verification code that has been send as an SMS to your phone. Keep it up, you are almost there.


Final step


So, this is it! Now you should get your free forex cash from XM! They do ask for 24 hours waiting time, but in reality it takes around 30 minutes to see money on your account balance. Do not be surprised, if you do not see them as a deposit money on your account, they are in another field of your balance sheet. They will be transferred to the deposit money when you clear them up, so in 0.5 lots of trading volume. Also, do remember that if broker decides, it can easily exclude you from promotion.


We have tested this promotion several times. As a matter of fact, we did receive promotional offers from the broker via SMS and calls. Honestly speaking, right after finishing registration process, author’s cellphone called and it was his new account manager from the XM. More to that, account manager always sends you promotional deals to your email, so be prepared to find plenty of them.


This bonus seems like a fair deal for starters or free cash seekers. Conditions of XM free bonus 30 USD are pretty loyal and there is no hurry in terms of bonus clearance involved. Furthermore, you will be able to use your XM no deposit bonus on metatrader 4 for windows as well as mac OS X, or to make your trades in web browser without any downloads needed. But do remember that this broker is questionable and it has been caught on some questionable rejects and annoying calls to clients. You can claim your bonus here.



Best no deposit bonus forex brokers 2020


We've listed the top no deposit bonus forex brokers that offer bonuses ranging from $10 to $100.


In forex trading, an initial capital is required to open a live account. This capital is used to place orders in the market.


No deposit bonus by a forex broker is a service extended in form of free capital that the trader gets in his/her real trading account while starting to trade with the broker. This free capital is the bonus given by the forex broker, so you can start trading without risk of investing your money.


These “no deposit bonus” programs are mostly offered by brokers to attract new customers. But, as these “no deposit bonuses” are provided free of charge, there are certain guidelines, withdrawal restrictions etc. That depend from broker to broker.


Although there are quite many bonus programs out there, but we have only listed the no deposit bonus by forex brokers that are popular & well regulated globally.


Best no deposit bonus forex brokers in south africa for 2020



  1. XM – $30 no deposit forex bonus

  2. Fxopen – $10 forex bonus

  3. FBS – $100 no deposit bonus

  4. Tickmill – $30 no deposit bonus

  5. Hotforex – 100% first deposit bonus (on $250+ deposit)



Best no deposit bonus forex brokers compared


We have compared the bonus conditions & terms for all the forex brokers that offer no deposit bonus to south african traders.


1. XM no deposit bonus – $30



Overall rating 9.0/10



  • Benchmark EUR/USD spread: on average 1.5 pips.

  • Welcome bonus: $30 (profits can be withdrawn)

  • Regulation: ASIC


Ranked #1 no deposit bonus forex broker


XM broker gives a $30 “no deposit bonus” to new traders only if you sign up for it via their special page. XM is a reputed broker so they are considered safe.


Getting XM broker’s $30 no deposit bonus is a straightforward process and the amount is credited to the trading account after registration and account verification. This bonus can be used straightaway to start trading with access to the MT4 and MT5 platforms. This account would also provide access to MT4 live trading without making any further deposits.


Note: it should be kept in mind that this bonus cannot be withdrawn, only the profits made can be withdrawn provided certain volume conditions & terms are met.


2. Tickmill no deposit bonus – $30 (not available currently in SA)



Overall rating 8.0/10



  • Benchmark EUR/USD spread: on average 1.6 pips.

  • Welcome bonus: $30 (profits can be withdrawn)

  • Regulation: FSCA, FCA


Ranked #2 no deposit bonus forex broker


Tickmill is a FSCA regulated forex broker, and also regulated by multiple top tier regulators including FCA. So they are considered safe.


Tickmill was founded in 2014 and offers attractive trading conditions. They provide various trading instruments like forex, stock indices & oil, precious metals and bonds. They provide MT4 and webtrader platforms. They are regulated with top tier bodies like FSA SC, FSA UK, and cysec.


Update: tickmill’s ‘no deposit bonus’ is not available for traders in south africa currently. New traders can signup for a live account with $30 as a bonus into the trading account. This trading account has trading conditions similar to the pro account, benefits of which include low spreads and commission, multiple asset classes, etc. A point worth noting here is the use of expert advisors (eas) is not allowed on welcome accounts.


Tips for wisely using the no deposit forex bonus


It is very easy to see the no deposit bonus as free cash, but it is not. In most cases (with reputed brokers) there will be many terms levied by the broker before you can withdraw any profits made with the bonus.


Traders should treat this bonus as a trading investment to learn and apply their trading strategies in real market conditions.


Following are some tips on how to best use the no deposit bonus:
1) all forex brokers that offer no deposit bonus will have the terms and conditions about it – including conditions for withdrawing profits made with the bonus. So carefully read all the terms & fine prints, understand all those conditions before signing up.


If there is any ambiguity in the terms and conditions, make sure to clarify the doubts with the broker before opting for the broker.


2) some broker may offer bonus that would seem to be really attractive. However, the broker’s reputation & regulations should be considered before choosing any such broker, even in case if it is a free bonus. An exciting bonus should not be the only point to start trading with the broker.


3) always keep in mind that the no deposit bonus is an initial capital for trading and not free cash which can be used otherwise.


The real intention here is to trade properly and earn profits. One should be clear about their trading goals. Hence, we should keep our trading strategies and requirements in mind in order to put the bonus to its intended use.


No deposit bonus is a win-win situation for both the broker and the customer. While the broker will increase its customer base, the customer can train oneself and gain useful insights from trading by using the free bonus.


However, you should be mindful of not falling into false traps and see it as investment capital. You should instead wisely use the bonus to learn trading with a reputed broker & test your strategy in real market conditions.


Frequently asked questions: no deposit bonus forex brokers


Which forex brokers offer no deposit bonus in south africa?


Many forex brokers offer no deposit bonus & most of them accept SA based traders. But we have only reviewed & tested the welcome no deposit bonus by 3 popular brokers:



  1. XM – $30 bonus: ASIC regulated broker.

  2. Fxopen – $10 bonus: FCA regulated broker.

  3. FBS – $100 no deposit bonus FCA regulated broker



Can I withdraw the no deposit forex bonus?


This depends on the broker, but generally the profits made with trading bonus are withdraw-able provided some conditions are met. Almost all brokers that offer no deposit welcome bonus impose strict terms & trading volume requirements before you can withdraw any profits.


It is best to read the terms of the bonus before signing up, so that you don’t get surprises later.


Are no deposit bonus brokers safe?


Unfortunately not all brokers are safe. Most brokers that offer no deposit bonuses are not trusted. That is why it is really important to only choose a broker that is reputed & well regulated. If a regulated & popular broker is offering no deposit bonus then there are lesser risks.


As per our check XM broker, fxopen are brokers that are regulated with at-least 1 top tier regulator & offer no deposit bonus. But you should still carefully read terms of these brokers before signing up for any of their bonus.


No deposit bonus brokers comparison summary


Here are our 3 recommended best no deposit bonus forex brokers for 2020.




Trading cfds is risky. Your capital is at risk.
Disclosure: we earn a commission if you sign up with a broker through referral links in this review. This helps us cover the expenses for running the website.


XM $30 welcome no deposit bonus



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  • Risk disclaimer


Risk warning: trading leveraged instruments such as forex & cfds are risky and can result in lose of your capital. Read full risk disclaimer..





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 no deposit bonus terms and conditions

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