How does xm bonus work

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Top forex bonus list

Trade Forex and CFDs on Stock Indices, Oil and Gold, how does xm bonus work.

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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.

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

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

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XM sign up bonus review south africa – revealed ( 2021 )

XM sign up bonus

A first time XM sign up bonus of $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.

The first time sign up is not subjected to any prior deposits and serves as a welcome bonus as well, and the $30 is automatically credited to the account of the trader. Although, traders should be aware that the deposit itself cannot be withdrawn.

Should traders make any profits on the bonus amount, the profits can be withdrawn at any time.

Traders should see this bonus as a start-up boost to start trading before investing their own capital, but traders should acknowledge that it might be lower than margin requirements on some trades.

The purpose of this bonus is to provide traders with a demo-account type of experience but with the added advantage that it is applied to a real account and it does not require any additional sign-up apart from real account registration.

This deposit is only available to new clients who have not previously registered a real account with XM, or whose information is not contained on XM’s data base in addition to the registering of a demo account not being eligible for this bonus.

In addition, traders who register a XM ultra low account will not be considered eligible either. Fortunately, XM has an array of other accounts that traders can register for that will be considered eligible.

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

Brokers often offer these broker bonuses 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.

Bonuses such as these also serve as extra credit that traders can use to trade without risking their own funds and of which the profits, not the actual bonus, can be withdrawn.

This is an imperative notion for brokers as traders are more likely to register a real account with brokers that offer such bonuses as it helps increase the chance of gains without putting traders at more risk to lose their own capital.

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 broker 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 $1,000,000 where a random account will be chosen every month, providing traders with the chance of winning various prizes until 30 june 2021.

The lucky draw consists of a $80,000 prize pool and a total of 50 winners per month. To sign up for the draw, traders will have to adhere to the following criteria:

The trader will have to be in possession of a MT4 or MT5 real account which has been validated through the relevant channels, and

There must be a $500, or currency equivalent, account balance in the trader’s account.

There have already been numerous winners as follows:

1 winner of $10,000

1 winner of $8,000

1 winner of $7,000

1 winner of $6,000

1 winner of $4,000

10 winners of $2,000

15 winners of $1,000, and

20 winners of $200.

The funds that these traders have won are credited either in USD, or currency equivalent, to their XM MT 4 and/or MT5 live, and active, trading accounts.

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.

These trading bonuses offer traders a chance to use the funds credited to their accounts as a boost for trading as the funds cannot be withdrawn, but the profit made from it can be withdrawn.

Brokers who offer such bonuses often see an influx in new traders registering for real accounts eligible for the bonus and it is the best way through which brokers can expand their client base in addition to increasing trading volumes.

Such bonuses, especially trading bonuses, ensure that there is constant trading volume, in addition to increases during times when these bonuses are active, and it is the best way through which loyal customers and active traders can be rewarded. XM offers some of the lowest spreads and fees.

XM $30 no deposit bonus

Get the $30 welcome bonus to trade with XM without risking your own funds!

Free 30 USD you can get from the world’s leading broker!

Promotions

Popular pages

XM 30 USD no deposit bonus

Bonus information

bonus amount	30 USD for free
bonus requirements	open an account & complete verification
promotion period	unlimited
leverage	1:5 (1:888 for forex)
withdrawal	profit can be withdrawn*

30 USD is credited to new traders’ accounts for free. No deposit is required!

How to get XM’s $30 welcome bonus

Follow the simple steps below to get yourself a bonus today!

Sign-up and open an account with XM.
- You have only 30 days from the account opening date to claim the bonus.

Login to the client portal and verify your account.
- You must submit each copy of ID and proof of address to verify your account.

Claim for the ‘welcome bonus’ from the client portal.

$30 will be automatically credited to your account.

The bonus amount may vary depending on the base currency of your trading account as 30 USD, 20 GBP, 25 CHF, 3000 JPY, 30 AUD, 1000 RUB, 100 PLN, 7000 HUF, 40 SGD or 347 ZAR.

Deposit & withdrawal conditions

You cannot withdraw the bonus amount itself.

You can withdraw your profit generated after meeting he following requirements:

Trading volume of 0.1 standard lot

5 round turn trades

Any withdrawal of funds will cause the bonus amount to be partially removed from the account.

Terms and conditions

Here are some important rules of the promotion. For the full ‘terms and conditions’ of the promotion, please visit XM’s official website.

In order to claim the bonus, you must complete phone number verification and the voice verification process by following the on-screen instructions.

The promotion may not be available for traders of some regions.

The promotion is available only once per trader and IP address.

It may take up to 24 hours for the bonus to be credited after the request.

The bonus cannot be transferred to other accounts.

Posted by maria sanchez

For more information, please inquire to XM official website official website directly. In order to participate to the promotion, you must have a XM account. If you haven't opened an account yet, please open one from here for free.

XM official website is here.

Please click "introduction of XM", if you want to know the details and the company information of XM.

How satellite radio works

We all have our favorite radio stations that we preset into our car radios, flipping between them as we drive to and from work, on errands and around town. But when you travel too far away from the station, the signal breaks up and fades into static. Most radio signals can only travel about 30 or 40 miles (48 to 64 kilometers) from their source. On long trips, you might have to change radio stations every hour or so as the signals fade in and out. And it's not much fun scanning through static trying to find something -- anything -- to listen to.

Now, imagine a radio station that can broadcast its signal from more than 22,000 miles (35,000 kilometers) away and then come through on your car radio with complete clarity. You could drive from tacoma, wash., to washington, D.C., without ever having to change the radio station! Not only would you never hear static interfering with your favorite tunes, but the music would be interrupted by few or no commercials.

XM satellite radio and sirius satellite radio each launched such a service at the beginning of the 21st century. Satellite radio, also called digital radio, offers uninterrupted, near CD-quality music beamed to your radio from space.

In february 2007, XM satellite radio and sirius satellite radio announced their plans to merge into a single company. XM and sirius were both in debt, and believed a merger would quickly solve that problem. They thought that the merger would also lead to lower prices and more programming choices for consumers. Some people were skeptical about the two companies joining, though, fearing a monopoly would only reduce competition, raise prices and affect consumers poorly. Sirius and XM received approval from the U.S. Department of justice, but the companies couldn't move until the FCC begrudgingly allowed the merger to go forward in july 2008. The new company goes by the name sirius XM radio.

even though XM and sirius had financial trouble, satellite radio still has a fairly strong fan base. The new sirius XM company has more than 18 million subscribers [source: sirius XM]. car manufacturers have been installing satellite radio receivers in some models for a few years now, and several portable satellite radio receivers are available from a variety of electronics companies. In this article, you'll learn what separates satellite radio from conventional radio and about the equipment you'll need to pick up satellite radio signals.

Satellite radio is an idea over a decade in the making. In 1992, the U.S. Federal communications commission (FCC) allocated a spectrum in the "S" band (2.3 ghz) for nationwide broadcasting of satellite-based digital audio radio service (DARS). Only four companies applied for a license to broadcast over that band. The FCC gave licenses to two of these companies in 1997. CD radio (later sirius satellite radio) and american mobile radio (later XM satellite radio) paid more than $80 million each to use space in the S-band for digital satellite transmission.

At this time, there are two space-based radio broadcasters:

satellite radio companies are comparing the significance of their service to the impact that cable TV had on television 30 years ago. Listeners aren't able to pick up local stations using satellite radio services, but they have access to hundreds of stations offering a variety of music genres. Each company has a different plan for its broadcasting system, but the systems do share similarities. Here are the key components of the two satellite radio systems:

Satellite radio works a lot like satellite TV -- you purchase a receiver and pay a monthly subscription fee for a certain number of channels. For the moment, there are slight variances in the three satellite radio companies' systems. In the next three sections, we will profile each of the companies and their current satellite radio services.

XM and sirius each offered more than 100 channels. Although the companies merged, both XM and sirius still exist as separate services. Subscribers to one services can purchase an additional "best of" subscription to the other service. The pricing is the same under each plan: $16.99 per month for the full plan plus the "best of" option for the other service.

While XM radio and sirius have merged into a single company, the two services aren't fully integrated yet. Part of the reason for this is due to differences in hardware and software.

XM radio uses two boeing HS 702 satellites, appropriately nicknamed "rock" and "roll," and two BSS 702 satellites it calls "rhythm" and "blues," placed in parallel geostationary orbit, two at 85 degrees west longitude and the other two at 115 degrees west longitude. Geostationary earth orbit (GEO) is about 22,223 miles (35,764 km) above earth, and is the type of orbit most commonly used for communications satellites. The first XM satellite, "rock," was launched on march 18, 2001, with "roll" following on may 8 of the same year. A design flaw in the HS 702 satellite caused its solar panels to function inefficiently. XM launched "rhythm" on february 28, 2005, and "blues" on october 30, 2006, to replace the older satellites. Then XM radio powered down "rock" and "roll." the older satellites remain in orbit and can serve as backups, if necessary.

XM radio's ground station transmits a signal to its two active GEO satellites, which bounce the signals back down to radio receivers on the ground. The radio receivers are programmed to receive and unscramble the digital data signal, which contains more than 170 channels of digital audio. In addition to the encoded sound, the signal contains information about the broadcast. The song title, artist and genre of music are all displayed on the radio. In urban areas, where buildings can block out the satellite signal, XM's broadcasting system is supplemented by ground transmitters.

Each receiver contains a proprietary chipset. XM began delivering chipsets to its XM radio manufacturing partners in october 2000. The chipset consists of two custom integrated circuits designed by stmicroelectronics. XM has partnered with pioneer, alpine, clarion, delphi delco, sony and motorola to manufacture XM car radios. Each satellite radio receiver uses a small, car-phone-sized antenna to receive the XM signal. General motors has invested about $100 million in XM, and honda has also signed an agreement to use XM radios in its vehicles. GM began installing XM satellite radio receivers in selected models in early 2001.

Currently, subscribers can receive the regular XM channel lineup for $12.95 per month. For that price, listeners get more than 170 channels of music, talk and news. They also get access to XM radio online, a streaming audio service with more than 80 channels. Many of the channels have no commercials, and none of the channels have more than seven minutes of ads per hour. XM's content providers include USA today, BBC, CNN, sports illustrated and the weather channel. The service bolsters that lineup with its own music channels.

Sirius originally used three SS/L-1300 satellites, instead of GEO satellites, to form an inclined elliptical satellite constellation. Sirius said the elliptical path of its satellite constellation ensures that each satellite spends about 16 hours a day over the continental united states, with at least one satellite over the country at all times. Sirius completed its three-satellite constellation on nov. 30, 2000. A fourth satellite will remain on the ground, ready to be launched if any of the three active satellites encounters transmission problems. In 2006, sirius purchased a GEO satellite because of its superior signal delivery. The GEO satellite will supplement the elliptical satellites, not replace them. It is currently under construction.

The sirius system is similar to that of XM. Programs are beamed to one of the three sirius satellites -- the satellites then transmit the signal to the ground, where your radio receiver picks up one of the channels within the signal. Signals are also be beamed to ground repeaters for listeners in urban areas where the satellite signal can be interrupted.

Just like XM radio, sirius currently offers its regular subscription for $12.95 per month. Sirius produces car radios and home entertainment systems, as well as car and home kits for portable use. The sirius receiver includes two parts: the antenna module and the receiver module. The antenna module picks up signals from the ground repeaters or the satellite, amplifies the signal and filters out any interference.the signal is then passed on to the receiver module. Inside the receiver module is a chipset consisting of eight chips. The chipset converts the signals from 2.3 gigahertz (ghz) to a lower intermediate frequency. Sirius also offers an adapter that allows conventional car radios to receive satellite signals.

In march 2007, sirius introduced a new service called sirius backseat TV. Sirius partnered with several car manufacturers to create a service that broadcasts programming from nickelodeon, the cartoon network and the disney channel that televisions with special sirius receivers can pick up. People riding in the front of the vehicle can still listen to other sirius radio stations while the kids watch television in the back.

So far, 1worldspace has been the farthest-reaching company in the satellite radio industry. It put two of its three satellites, afristar and asiastar, in geostationary orbit before either of the other two companies launched one. Afristar and asiastar were launched in october 1998 and march 2000, respectively. Ameristar, which will offer service to south america and parts of mexico, has not yet been launched. Each satellite transmits three signal beams, carrying more than 60 channels of programming, to three overlapping coverage areas of about 5.4 million square miles (14 million square kilometers) each. Each of the 1worldspace satellites' three beams can deliver more than 50 channels of crystal-clear audio and multimedia programming via the 1,467- to 1,492-megahertz (mhz) segment of the L-band spectrum, which is allocated for digital audio broadcasting.

The united states is not currently part of 1worldspace's coverage area, although the company has invested in sirius XM radio and has an agreement with the company to share any technological developments. 1worldspace is going beyond one nation and eyeing world domination of the radio market. That might be overstating the company's intent a bit, but 1worldspace does plan to reach the corners of our world that most radio stations can't. There are millions of people living in 1worldspace's projected listening area who can't pick up a signal from a conventional radio station. 1worldspace says it has a potential audience of about 4.6 billion listeners spanning five continents.

1worldspace broadcasters uplink their signal to one of the two operational satellites through a centralized hub site or an individual feeder link station located within the global uplink beam. The satellite then transmits the signal in one, two or all three beams on each satellite. Receivers on the ground then pick up the signal and provide CD-quality sound through a detachable antenna.

1worldspace satellite receivers are capable of receiving data at a rate of 128 kilobits per second (kbps). The receivers use the proprietary starman chipset, manufactured by stmicroelectronics, to receive digital signals from the satellites.

For more information on satellite radio and related topics, check out the links on the next page.

XM sign up bonus review south africa – revealed ( 2021 )

XM sign up bonus

A first time XM sign up bonus of $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.

Should traders make any profits on the bonus amount, the profits can be withdrawn at any time.

Traders should see this bonus as a start-up boost to start trading before investing their own capital, but traders should acknowledge that it might be lower than margin requirements on some trades.

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

Bonuses such as these also serve as extra credit that traders can use to trade without risking their own funds and of which the profits, not the actual bonus, can be withdrawn.

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 broker bonuses, promotions and rewards

The lucky draw consists of a $80,000 prize pool and a total of 50 winners per month. To sign up for the draw, traders will have to adhere to the following criteria:

The trader will have to be in possession of a MT4 or MT5 real account which has been validated through the relevant channels, and

There must be a $500, or currency equivalent, account balance in the trader’s account.

There have already been numerous winners as follows:

1 winner of $10,000

1 winner of $8,000

1 winner of $7,000

1 winner of $6,000

1 winner of $4,000

10 winners of $2,000

15 winners of $1,000, and

20 winners of $200.

The funds that these traders have won are credited either in USD, or currency equivalent, to their XM MT 4 and/or MT5 live, and active, trading accounts.

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

These trading bonuses offer traders a chance to use the funds credited to their accounts as a boost for trading as the funds cannot be withdrawn, but the profit made from it can be withdrawn.

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.

XM no deposit bonus

Platform

Min. Volume

Action

Forex trading is one of the most multifaceted and complex forms of financial activity in the world. It involves analyzing a bunch of asset price movements, economic and political developments, volatility channels, and whatnot. In short, you have to be constantly aware of various market forces to never miss the chance.

One of the ways the brokers try to make this complexity a bit more bearable is by offering different bonus promotions. Whether it’s deposit bonuses, refer-a-friend bonuses, or no deposit bonuses, the main goal with these promotions is to help you take your trading game to the next level.

With that being said, however, you need to make sure that you’re getting the service from the most trustworthy broker possible. Otherwise, its bonus will be yet another lure that attracts you and leads you to your eventual demise.

XM forex broker has already proven that it is one of the best choices for a south african trader. Besides that, they are one of the only brokers that offer a no deposit bonus for their customers. The brokerage offers trading on the popular metatrader 4 and metatrader 5 platforms with their free XM no deposit bonus of 30 USD (420 ZAR). The beauty of the offers is the fact that you do not have to deposit anything. What this means is that as soon as you sign up you are immediately eligible for that 420 ZAR. This is one of the best ways to start off in forex trading as it lets you taste the market, without having to pay your own money.

In the following review of XM no deposit bonus, our team of expert reviewers at topforexbrokers will help you understand what makes this bonus so unique, as well as trustworthy.

XM no deposit bonus review

The registration for the bonus is very easy. The only thing you will need to indicate is your email and phone number. The number will not be used for those pesky telemarketing campaigns, and will only serve as a confirmation method when utilizing the broker’s feature. The XM no deposit bonus is very fast to be credited. The moment you apply for it the process begins and could last 24 hours tops, however it usually takes no more than 30 minutes. After those 30 minutes, you will get your XM bonus account and will be ready to start trading without hassle.

To give you a more detailed description of the registration process for XM no deposit bonus, here’s the list of steps you need to take:

Open a live trading account at XM – before anything else, you need a live account to be eligible for the no deposit bonus at XM. And as our XM no deposit bonus review shows, it literally takes just a couple of minutes to set up that account with this broker. You need to provide your basic details, such as your full name, date and place of birth, residence address, and employment details for the KYC procedure. After that, you need to verify that information by uploading your national ID/passport/driver’s license and bank statement/utility bill. Once that’s done too, you can go ahead and apply for the no deposit bonus itself.

After you create your very-first account at XM, you need to head over to the member’s area where you need to opt for the no deposit bonus offered by XM.

Then you need to verify your claim. You can do this either by the SMS or voice verification. And once that’s done too, you’re pretty much good to go; your $30 XM no deposit bonus is ready to be used in your forex trading endeavors.

XM trading platforms

Although there is software that is superior to the MT4 and MT5, we still believe that these two are some of the best available ones still. Sure they may be a bit outdated but they get the job done, and there is not too much you can improve a trading software with. The simple design of the software that XM forex broker uses is definitely a very big plus to the whole experience.

The best thing about the whole ordeal is that XM understands the hectic lifestyle of today’s society, therefore they also offer an option to trade on your smartphone.

XM no deposit bonus withdrawals

The fact is that the same policy is applied to the XM no deposit withdrawals as to their regular accounts. As our review of XM no deposit bonus shows, there are no related fees, everything you make is pure profit and can be withdrawn. However, there is one setback, which is pretty much the industry standard. You cannot withdraw the bonus or the profits until you reach a certain amount of trades. For example, the broker may require that for the $30 bonus you would have to make at least $5,000 ( 70,000 ZAR) trades. This is no setback, however, as over time, you will learn enough and use the leverage, by which point reaching that mark will not be hard at all.

XM no deposit bonus guide

As already mentioned the XM bonus is quite easy to get. Over 1.5 million of its users have the opportunity to utilize it, this should already give you an idea about the size of this brokerage. Now with all of the reassurance about the forex broker, let’s dive into the detailed guide on how to get the bonus.

Go to the XM website, choose south africa and then click on the green button that says “open an account”;

Fill out all of the personal information, no need to worry, all of that info will be safely encrypted and stored;

Choose which software you would like to use, it can only be either MT4 or MT5;

Choose an account type, you can find more detailed info about the accounts in our XM review;

Confirm all of your emails, log-in your account and apply for the bonus after filling in the payment methods, this is where all of your profits will go;

Wait for 30 minutes to an hour and your bonus will be transferred;

Start trading;

As you can see from our XM no deposit bonus review, this process is extremely simplified, therefore there are no complications with it. The XM no deposit bonus is probably one of the easiest to get out of all the brokers so far.

So you don’t deposit anything?

That’s right! You have already noticed that there was no segment dedicated as to how you deposit. Well, you don’t have to, it’s indicated in the name, XM no deposit bonus. You may think that this is a terrible business model, but in all honesty, this bonus is what got most of the customers to remain or even find XM. There are also other types of bonuses to go around, such as the XM loyalty deposit bonus and the XM deposit bonus, but that is a story for another day.

The reality is that the funds that are given to you when you register, is solely covered by the company. The only thing you need to know is that you cannot withdraw that 420 ZAR, you will have to wait until you have made at least some kind of profits before you are eligible.

Naturally, making your millions with just 420 ZAR is going to be hard, so don’t expect too much very quickly. All I can suggest is that you keep at it, work your way up and if need be, boost your portfolio with a deposit once you get acquainted with the platform.

It’s also important to note that XM is fully regulated in south africa, so no matter what your funds will be protected by the FSCA. So what’s holding you back? The free XM bonus may not be here forever.

ALL YOU NEED TO KNOW ABOUT XM 30$ BONUS

XM is one of the best forex brokers in the world and now they even offer an XM 30$ bonus for all new clients. Can you believe that? Now, you may be wondering how come XM gives you this promotion or what their conditions are. This article today will answer all your questions so that you can really understand this trading bonus.

What type of bonus is XM 30$ bonus?

Normally, there are three types of forex bonuses. They are welcome bonus, deposit bonus, and lot back bonus.

Welcome bonus, just like its name, is a bonus brokers give traders as a “thank you” for their registration at them. Traders usually use this bonus as a means to test the broker to see if they want to work for long term with this broker.

Deposit bonus is a sum of money offered to traders when they first make a deposit. The amount of this bonus is decided based on the total deposit the traders make. This is a way to encourage traders to deposit more in the first time.

Finally, lot back bonus is like a loyalty program. The procedure can be put simply as when you finish one trade, a rebate will be given to your account automatically from the broker. The more you trade, the more you get rebated. This bonus program encourages traders to trade more with that broker.

The XM 30$ bonus is a welcome bonus. Whenever there is a new client on the platform, XM will reward this new register with $30 for trading. This bonus is for first time sign-up only. Welcome bonus is actually very good for forex beginners. You’re new to forex, so you’re advised to not deposit too much at first, because more than 90% of new traders lose everything at the beginning. So with this extra $30, you have more than enough money to try trading forex. You can check the execution quality, the platform, the speed, spread and commission, the slippages, swaps, or requotes of XM without losing any of your own money. What a good deal for a beginner.

A quick notice: you must claim this bonus in 30 days since you open an account or the bonus will be unavailable.

Conditions for withdrawal

When you finish making money with this XM 30$ bonus, you will want to withdraw your profit, right? This is when the tricky part appears. Just like all other types of bonus and broker, the withdrawal conditions of this bonus is quite complicated. I will try to make it the most simple as possible.

The profit you make from this bonus can be withdrawn anytime. However, everytime you withdraw your funds, the amount of this bonus will be reduced 40%. Also, you have to withdraw at least 40% of your funds. For example, you make $200 from this XM 30$ bonus. Therefore, when you withdraw, you have to take at least $80 (40% of $200). Then, the amount of the bonus will be reduced $12 (40% of $30). So you have withdrawn, for instance, $80, and you have a total of $138 left in your account ($120 profit + $18 bonus).

How to get this XM 30$ bonus

You can easily acquire this bonus simply by following these steps:

Open a real account at XM.

Validate your account.

There will be a button saying “claim your bonus” on the screen.

Complete the SMS verification by following the instructions there.

Now what are you waiting for? Claim your XM 30$ bonus here.

Why should you get this bonus?

$30 is not much for trading. However, when you convert it to pip, it's 0.3 pip. So when you look at it the other way, this bonus is a great way to reduce your trading cost when you trade with XM. The normal XM spread is about 1 to 1.2 pips. With the 0.3-pip discount, you have cut your trading cost down to 0.7 - 0.9 pip, which is among the lowest spread in the market. So you can see that this bonus is not meant for trading. It is for cost reduction.

Other XM bonus programs

Right now, XM is having very good bonus programs that are super beneficial to traders:

XM 15% welcome bonus: this is a welcome bonus program that reward you 15% of your first deposit. The maximum amount you can get rewarded is up to $500. More details here.

XM loyalty program: as you trade, you will earn XM points which can be redeemed at any time for credit bonus rewards in the members area. In the members area you can also monitor your balance of XMP at any time, including the equivalent value of your XM points as credit bonus. The bonus adds funds to your trading account but it is intended for trading purposes only. The amount of bonus is a third of your total XM points. More details here.

Those 2 programs are just as good as the XM 30$ bonus program. You can obviously see that trading at XM can be very cheap thanks to all those bonus programs.

So, let's see, what we have: open an XM real account now and start trading with a trading bonus to test the XM no rejections and no re-quotes without any risk. This is a limited time offer. At how does xm bonus work