Xm bonus 100

Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (licence number: 120/10).

Huge forex bonuses

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). © 2021 XM is a trading name of trading point holdings ltd. All rights reserved. | privacy policy | cookie policy | terms and conditions

XM company news

XM announces 100% bonus on all deposits

We are glad to inform our clients about the newest XM 100% bonus time limited offer, running between 1st and 7th july 2013.

Available for all XM clients with a MICRO, STANDARD or EXECUTIVE forex account, we are offering the 100% bonus on every initial and recurring deposit during the promotional period, which ends at 23:59 GMT on 7th july.

We designed the 100% bonus so that both our existing and new clients can equally benefit from the advantages it offers. Our existing real account holders are instantly eligible for the bonus on each deposit they make, while new clients can claim the bonus once they register a real account of their preference and deposit funds in it, starting from as little as $5, and with the deposit charges covered by XM.

Every client is eligible to receive a maximum daily bonus amount of $1000 on all their deposits made during the promotional period. Bonuses are instantly credited into clients’ MICRO, STANDARD or EXECUTIVE trading accounts, and thus immediately available for trading.

In order to claim the 100% bonus, please visit our page here.

Important notification – january bank holiday
january 5, 2021 at 11:38 am GMT

XM donates to doctors without borders
january 4, 2021 at 1:02 pm GMT

XM donates to dompet dhuafa
december 24, 2020 at 7:00 am GMT

XM supports families and children
december 23, 2020 at 7:50 am GMT

Market holiday schedule and season’s greetings
december 21, 2020 at 2:09 pm GMT

Important notification – january bank holiday
january 5, 2021 at 11:38 am GMT

XM donates to doctors without borders
january 4, 2021 at 1:02 pm GMT

XM donates to dompet dhuafa
december 24, 2020 at 7:00 am GMT

XM supports families and children
december 23, 2020 at 7:50 am GMT

Market holiday schedule and season’s greetings
december 21, 2020 at 2:09 pm GMT

Investment research

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.

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By clicking “continue”, you agree to the default cookie settings on our website.

XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.

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Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.

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We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.

Why are cookies useful?

We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.

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

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

Here is an overview of some of the functions our cookies provide us with:

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This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.

Exclusive XM promotion! 100% deposit bonus!

Choosing the best bonus promotions is also a way to start earning profits.

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.

30% or 50? No, but there is actually 100% deposit bonus available exclusively.

XM, a fast growing online forex & CFD broker is gaining popularity with its stable operation and variety of bonus promotions.

XM royalty program, 30 USD no deposit bonus and up to 50% deposit bonus along with free trading tools such VPS.

And we are here to notify you with another promotion offered by XM.

100% deposit bonus directly credited to your equity

Main conditions of the bonus are as follow:

100% deposit bonus is offered up to 500 USD, and 20% deposit bonus will be offered to the exceeded amount of relevant deposit

The bonus fund is not available for withdrawal, but can be used to leverage your trading

If you are going to start trading with XM, please don’t miss out the “30 USD no deposit bonus” and the “100% deposit bonus” at the beginning.

*30 USD no deposit bonus is available for withdrawal by meeting certain requirements.

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See the trading condition of this mega FX broker.

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Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.

Risk warning

Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

XM trading bonus 100% – up to 5000$

A leading forex broker XM group offers a 100% trading bonus for all the new and existing traders around the world. 100% trading means if you trade one standard lot, then you get a bonus amount of 10$ (may vary from currency to currency). This bonus is valid up 5000$. Interesting right? This XM trading bonus is beneficial when you are in dangerous positions while trading. So with this most popular XM group, you could get up to 5000$ while you are trading. Once you have traded 500 lots, then you have received 5000$.

Applicable for

How to apply

Create a live account in XM.

Verify your account by submitting the relevant documents.

Make a deposit of minimum required amount or more. (you can get the XM no deposit bonus too)

Start trading

Withdraw bonus

You cannot withdraw the bonus, but all the profits are withdrawable.

To withdraw profit, you should verify your account.

Terms and conditions

The maximum bonus amount you could get is 5000$

Not available for all countries (ask from their live chat if your country is eligible)

XM reserves the right, at its sole discretion, to deny, withhold or withdraw the trading bonus

XM reserves the right to change the bonus terms and conditions at any time by notifying clients about the changes

You can’t withdraw the bonus. (only profits)

Transferring the trading bonus separately between real trading accounts is prohibited.

Each trader is permitted to hold only one bonus account per unique IP address. More accounts on the same IP may cancel all the accounts.

A trader may cancel the bonus at any time by sending a request to XM customer support.

Traders can have expert advisors and automatic trading with the bonus.

Apart from the above terms and conditions, there are some other things you should know about the bonus. You can find them by downloading the PDF from here.

XM 100% deposit bonus

XM's exclusive 100% bonus up to $500 for MT4 traders!

The promotion has ended. Please note that the information of the ended promotions and events maybe outdated.

For traders in some exclusive countries, XM offers 100% deposit bonus!

Promotions

Popular pages

The promotion has ended. Please note that the information of the ended promotions and events maybe outdated.

For the latest XM’s promotions and events, please refer to its main introduction page. XM’s main introduction page is here.

XM 100% deposit bonus

Bonus information

bonus amount	100% bonus up to $500
bonus requirements	open an account & deposit $5
promotion period	unlimited
leverage	1:5 (1:888 for forex)
withdrawal	profit can be withdrawn*

100% deposit bonus is available only for exclusive countries!

How to get XM’s deposit bonus

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

Sign-up and open an account with XM.
- XM zero account type is not eligible to receive this 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.

Apply for the bonus from the client portal.

Make a deposit and the bonus will be credited automatically.

Up to $500 as 100% bonus, then you can get up to $4,500 as 20% bonus.

Deposit & withdrawal conditions

You cannot withdraw the bonus amount itself.

You can withdraw your profit generated at anytime.

In case of any fund withdrawal, the bonus will be also deducted from the account proportionally

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.

The bonus will be credited to your applicable accounts instantly.

The bonus can be applied from the minimum deposit of $5.

XM zero account cannot join this promotion.

The bonus amount cannot be withdrawn in any cases.

The bonus will be credited for the first and subsequent deposits to the bonus account.

The maximum bonus amount is $5000 and it is set per eligible client.

In case of internally fund transfers, the bonus amount will be also partially transferred to the receiving account.
- In case the receiving account is not eligible for the bonus, the bonus amount will be nullified.

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.

XM trading bonus 100% – up to 5000$

Applicable for

How to apply

Create a live account in XM.

Verify your account by submitting the relevant documents.

Make a deposit of minimum required amount or more. (you can get the XM no deposit bonus too)

Start trading

Withdraw bonus

You cannot withdraw the bonus, but all the profits are withdrawable.

To withdraw profit, you should verify your account.

Terms and conditions

The maximum bonus amount you could get is 5000$

Not available for all countries (ask from their live chat if your country is eligible)

XM reserves the right, at its sole discretion, to deny, withhold or withdraw the trading bonus

XM reserves the right to change the bonus terms and conditions at any time by notifying clients about the changes

You can’t withdraw the bonus. (only profits)

Transferring the trading bonus separately between real trading accounts is prohibited.

Each trader is permitted to hold only one bonus account per unique IP address. More accounts on the same IP may cancel all the accounts.

A trader may cancel the bonus at any time by sending a request to XM customer support.

Traders can have expert advisors and automatic trading with the bonus.

Apart from the above terms and conditions, there are some other things you should know about the bonus. You can find them by downloading the PDF from here.

100% forex bonus by XM

End date : 30 calendar days from the first deposit made

Who grants it? XM group is a group of regulated online brokers. Trading point of financial instruments ltd was established in 2009 and it is regulated by the cyprus securities and exchange commission (cysec 120/10), trading point of financial instruments pty ltd was established in 2015 and it is regulated by the australian securities and investments commission (ASIC 443670, XM global limited was established in 2017 and is regulated by the international financial services commission (000261/106).

Who can get it ? All new clients of XM (live account holders, other than zero) are entitled to request 100% on-deposit welcome bonus up to $5,000.

Clients registered under the EU regulated entity of the group are not eligible for the bonus.

Bonus availability depends on the client’s country of residence.

XM’s clients get $10 value credit bonus per each and every standard round turn lot traded.

If XM’s clients prefer to trade in micro lots, the bonus amount is calculated accordingly: number of standard lots traded x $0.1 = bonus amount

Clients can redeem the trading bonuses generated within 90 calendar days from first deposit. What is more, at the end of the 30-days term of the promotion, XM’s clients are automatically included in the broker’s loyalty program.

What’s the catch ? Round turn trades with duration of 10 minutes or shorter are deemed invalid and will not generate credit trading bonuses.

Additional information on trading conditions : in order to open an account with XM, one has to deposit just $5. The broker offers high leverage levels, reaching 1:888 and average spreads of 1.7 pips on EUR/USD on its commission-free accounts.

Other bonuses

100% credit bonus by HF markets

Clients of the offshore entity of HF markets - HF markets (SV) ltd. - are offered 100% credit bonus. They only have to deposit at least $100 and hold a mini, premium, or islamic account with the broker. Read more

50% forex bonus by octafx

With its new promotion program octafx grants its clients a 50% trading bonus on each new deposit. The bonus funds are fully withdrawable after reaching a certain trading volume equal to the bonus amount divided by half in standard lots. Read more

FXTM’s loyalty programme offers cost reduction of up to 25%

Global award-winning brokerage FXTM currently runs a loyalty programme that allows its clients ro reduce their trading costs by up to 25%. By reducing the cost of every trade from 1$ to 5$ per standard fully completed lot, the broker actually provides traders with more vbalue for their dollars. Read more

Choose your 100: 100% deposit bonus & trade 100 bonus from FBS

End date: N/A who grants it? FBS is an international regulated broker performing globally in 19 languages for over 13 million clients. The company operates under the IFSC and cysec licenses in 190 countries, and won over 40 international awards for the most diverse and secure services. Read more

100% welcome on-deposit bonus by justforex

End date: 31 december 2018 who grants it? Although registered offshore, justforex is a reputable broker and one of the most popular in asia. It offers competitive trading conditions on the MT4, including ECN environment and the privilege to have negative balance protection. Read more

$50 no deposit forex bonus by fortfs

End date: 21 july 2017 who grants it? Fort financial services (fortfs) - a forex broker active since 2010 that operates on the basis of the international brokerage license, issued by the international financial services commission of belize (IFSC). Read more

$30 no deposit forex bonus by tickmill

Who grants it? Actively present in asia, the middle east and africa, tickmill is a no-dealing-desk forex and CFD broker that holds a license with UK’s financial conduct authority. It also operates a unit registered in the seychelles. Read more

100% welcome forex bonus by avatrade

Who grants it? Avatrade is an irish forex broker with more than 10 years of experience. It has an exytensive product portfolio, which also includes cryptocurrencies. The mother company ava trade EU ltd. Read more

Free live webinar on french presidential elections by windsor brokers

As all eyes are now on the french elections, cyprus-regulated forex and CFD broker windsor brokers invites all interested parties to join its free live webinar on french presidential elections on monday, april 24 to analyze the market impact after the 1st vote round. Read more

40% bonus on each deposit by grand capital

Who grants it? Grand capital – a broker that is originally from russia and registered in the seychelles. Read more

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Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. All information on forexbrokerz.Com is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

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XM deposit bonus: policies and limitations

Platform

Expiration

Min. Volume

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

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

XM deposit bonus description

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

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

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

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

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

XM bonus limitations

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

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

XM trading bonus withdrawal policies

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

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

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

Another XM bonus program

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

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

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

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

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

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

XM broker account types

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

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

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

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

Among the currencies available for trading there are:

Advantages

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

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No deposit bonus forex 2021

Forex no deposit bonus is offered to you free of charge. You will pay absolutely nothing to the broker, and instead, the broker would pay you a certain sum to trade risk-free forex in a real account. All you need to do to access a no deposit bonus is to register at a broker's website for a personal cabinet, verify your account (providing the required documents), and then download their trading platform to trade with the free bonus. That is how forex brokers make you one of their potential clients. Forex brokers use no deposit bonuses to attract new clients, especially if they are new brokers, to increase their clientele as rapidly as possible which is why they offer such free bonuses.

Now, there you are with a free forex no deposit bonus. For those who are new to the world of forex, a free no deposit bonus looks very attractive! Fortunately, there are a number of forex brokers, established in the past decade or more recently, which offer forex no deposit bonuses!

Can I make money with a free forex bonus?

Forex free bonuses are usually offered in small amounts such as $10, $25, $50 or $100. You can trade with them, turn them into profit and ultimately withdraw the money you've earned. However, you need trading strategies to pull it off, in other words, you should be experienced in trading forex, and if all goes as planned, you can reap the benefits which at times is quite considerable. A lot of people have successfully turned such bonuses into large profits, who's to say that you can't be one of them?

So before you get carried away with free bonuses, you should prepare yourself thoroughly! Be aware that you need to focus on your trading strategy, and weigh your trading decisions from different perspectives! Although it's still difficult to make money using a no deposit bonus, with a little bit of trading management you can do it.

What are the terms and conditions for free forex bonuses?

Different brokers demand a different set of conditions for offering free bonuses. Some brokers make gaining profit and withdrawing it a tad harder; for example, they may ask you to trade a certain number of lots to be eligible for withdrawing the bonus or its profits.

Other brokers may charge a substantial sum for the first or any subsequent withdrawal requests. Some may allow you to withdraw only once during the bonus period. These conditions among other requirements should be studied at length to avoid any misunderstanding or unrealistic expectations.

What is the best type of forex no deposit bonus?

The following factors should be considered to determine the quality of a forex no deposit bonus:

The amount of bonus should be over 20$, so you can trade easily. Otherwise, it would be very hard to gain any real profit, and even if you do, it will take you a long while.

Having access to higher leverage enables you to trade bigger and more profitable using a small deposit. However, leverages, offered on bonus accounts, are normally in the range of 1:100 or 1:200. Some brokers offer leverage up to 1:500 which is rare but good.

Trading terms and conditions must be reasonable and not very restrictive; the fewer limitations you have for trading, the better your chances are for gaining profits.

The brokers that offer the bonuses must be trustworthy and reputable. It goes without saying that a well-regulated forex broker offers a much more reliable no deposit bonus and would pay even more withdrawable profits to its clients!

Is it worth to try no deposit forex bonuses?

If you are a beginner, it is advisable that you start your trading experience with a forex no deposit bonus. Forex is a very complicated and serious business which requires a certain level of experience. If you are new to the FX market, using a forex no deposit bonus can help you make some free money and gain some insight on how the market works.

When you learn your way around the FX market and can afford to trade on your own, you don't need free bonuses anymore. You'd be able to trade and make a lot of profit by trading live. Additionally, there are brokers that offer forex promotions to live traders as well, which can be used to multiply the profits.

Review

Introduction

XM was first started back in 2009 in london and now they have an offering of more than 400 different instruments.

This includes over 350 cfds, as well as 57 currency pairs and 5 cryptocurrency cfds. XM is regulated by the FCA in the united kingdom and they have european passports with the mifid, as well as being regulated by the cysec in cyprus, as well as being regulated in australia as an ASIC entity.

They offer more than 30 language options for their users and they cater for any and all levels of trader. One of the recent awards they have received is being named as the best FX broker in europe in 2018 by the world finance magazine.

Over 30 supported languages

Numerous esteemed awards

Regulated by well-respected authorities

Trading conditions

XM offer three different types of account for their users. The micro account is best suited to beginners, with the standard account being ideal for flexible traders. The XM zero account generally is best suited for regular traders or those who place significant trades.

Depending on the specific instrument, for each of the account types you will be dealing with leverage ranging from 1:1 up to 30:1. While there are seven base currency options available with micro and standard accounts, you can only deal with USD and EUR when you have a XM zero account.

You have two accounts which are free from commissions – standard and micro accounts, while the XM zero account is based on commission. Looking at the XM zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.

The commission is $5 per side, so you are looking at competitive pricing as a whole.

XM always have a range of promotions they are running at any given time. They have a 100% deposit bonus up to $5,000, they have free VPS services and there are no fees on both deposits and withdrawals.

Wide ranging promotions

Commission free account options

3 different account types

Products

In total, there are 356 different cfds offered by XM, with five of these being cryptocurrency cfds. There are 57 currency pairs on offer and they don’t offer any ETF products.

356 CFD options

No ETF products

57 currency pairs

Regulation

Having been around since 2009, XM are regulated by a number of trusted authorities. They are authorised in the european union, as well as being regulated by the FCA in the united kingdom. They have the necessary approval from the cysec in cyprus as well as being a ASIC regulated entity in australia.

Platforms

The only platform that is offered by XM is metatrader, which is an industry standard trading platform. They offer both metatrader 4 and metatrader 5 and they have tweaked them slightly to suit the specific needs of their users.

You have access to virtual trading, but those using mac desktop computers will not be able to run this trading platform optimally. There are 51 different trading indicators available to you and there are 31 charting tools you can utilise.

Metatrader is the only trading platform available

51 trading indicators

Mobile trading

As a result of being a metatrader only platform, you will able to utilise the platforms on ios and android devices, whether it is through the MT4 or mt5 apps which can be downloaded straight away from either the app store or the android play store.

There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps.

Pricing

With XM the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them. There are three different account types in total. You have two accounts which are free from commissions – standard and micro accounts, while the XM zero account is based on commission.

Looking at the XM zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.

The commission is $5 per side, so you are looking at competitive pricing as a whole.

Lower overall spreads can be achieved by XM as they are the sole dealer in every single trade.

Competitive spreads thanks to XM being the sole dealer

Varying commissions and fee levels depending on account type

Deposits & withdrawals

With the micro and standard account types, you are not subject to a minimum deposit, but usually you will have to deposit at least $5 due to system requirements. There is a minimum required deposit of $100 for the XM zero account type.

All of the usual forms of deposit and withdrawal are available with XM, such as neteller moneybookers, debit and credit cards and skrill. Most of the deposit options will allow you to have your deposit processed instantly. Bank transfers will take between 2 and 5 business days to process though.

When it comes to withdrawing from XM, most options will have your withdrawal processed within 24 hours without having a minimum required withdrawal. If you are withdrawing via a bank transfer, then you will have to wait between 2 and 5 business days for it to be processed and there is a minimum withdrawal of $200 in place.

Variety of banking options

Quick processing times

Customer support

More than 14 languages are catered for through the customer support service at XM. You can reach them no matter what time of day it may be through their live chat feature.

You can also give them a call or send them an email, with the team working on weekdays only.

14 languages catered for

24/5 customer support

Research & education

There is a library of free educational materials for XM users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations.

Noteworthy points

As a whole XM is a trusted broker that has a solid and unspectacular offering for their users. They look after the needs of their clients through quality customer support and they have regular promotions such as a free VPS service.

As they are completely reliant on metatrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there.

Catering for 30 languages and having received numerous awards in recent years, including being named as the best FX broker in europe in 2018 by the world finance magazine, they hold a reputable place in the sector.

30 languages catered for

Free VPS service

Best broker in europe 2018 – world finance magazine

Conclusion

XM is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.

As they are reliant on metatrader for the trading software, you are not going to be surprised by anything on this front. They have a decent welcome bonus, matching your first deposit 100% up to a max bonus of $5,000.

They have a wide ranging section for education, including free weekly webinars that are interactive. It is an ideal learning ground for beginner traders and with three different account types, they cater for all kinds of traders depending on what their specific needs may be.

If you are looking for a platform that is easy and straightforward to use and that looks after their users, XM could be the right option for you.

Comparison

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So, let's see, what we have: we are glad to inform our clients about the newest XM 100% bonus time limited offer, running between 1st and 7th july 2013. Available for all XM clients with a at xm bonus 100