XM broker has launched a promotion so that you can start investing and test their platform and trading conditions without having to make a deposit. This is a welcome bonus of $30 that will be added to your trading account and with which you can make your first trades without putting your money at risk.
This way you can test whether XM broker fits your needs in a much more reliable way than with a demo account. Remember that with XM Group you can invest online in more than 1000 financial instruments such as the main currencies of the Forex market and CFDs on shares, commodities, indices, precious metals and energies.
XM is a group of regulated brokers: Trading Point of Financial Instruments Ltd is regulated by CySEC of Cyprus, XM Global Limited is regulated by FSC of Belize and Trading Point of Financial Instruments Pty Ltd is regulated by ASIC of Australia. It offers MetaTrader 4 and MetaTrader 5 trading platforms, variable leverage depending on the financial instrument you trade, fast order execution, the possibility to execute any trading strategy (scalping, hedging, expert advisors,…) and competitive spreads from as low as 0 pips. More info about XM Commissions.
This bonus is not available for clients registered under the EU regulated entity of XM Group.. See conditions on the XM Group website.
How do you receive your $30 no deposit bonus from XM Group?
1- Open a live account with XM Group by CLICKING HERE and fill in the form.
2- Log in to the XM Group user area with the username and password you received by e-mail.
3- Provide the necessary documents to validate your account (proof of identity such as ID card, passport or driving licence and proof of residence such as a recent electricity, water or telephone bill showing your address). This process is common for registration with almost all brokers as it is required by regulatory bodies and as a security measure to prevent identity theft,…
4- Click on the “Claim your Bonus” button. If you do not see it in your user area, you can access it through the XM Group website in the section Promotions >> No Deposit Bonus Promotion.
Please note the following details about this no deposit bonus:
– The XM Group bonus is only available to new customers of this broker.
– Customers registered with XM Group’s EU regulated entity do not have access to the bonus.
– You will be able to withdraw any profit you make using the bonus.
– The bonus amount is not withdrawable.
– The bonus can only be claimed within 30 days of opening your live account with the XM broker.
– You can view the full terms and conditions of this bonus on the XM Group website under Promotions >> No Deposit Bonus Promotion.
What are the profit withdrawal rules for the $30 XM no deposit bonus?
Let’s dive deep into the nitty-gritty of the profit withdrawal rules for the $30 XM no deposit bonus. Now, this bonus is a fantastic opportunity to start trading without any initial investment. But, there are some rules we need to be aware of. First off, the bonus cannot be withdrawn. You heard that right. The bonus itself isn’t withdrawable. It’s the profit you make from trading with the bonus that can be withdrawn.
However, it’s not as simple as making a profit and then withdrawing it immediately. There are some conditions attached. You must trade at least 10 micro lots (0.1 standard lots) and you need to have at least 5 round turn trades before you can withdraw your profit. This is to ensure that the bonus is being used for trading purposes and not merely being withdrawn.
What are the limitations on XM free accounts?
Moving on, let’s talk about the limitations on XM free accounts. As fantastic as they are for new traders, they do come with some restrictions. For one, the maximum leverage offered is 1:888. This might seem like a lot, but keep in mind that higher leverage also means higher risk.
Also, each client is allowed to open only one XM free account. This is to prevent misuse of the account and to maintain fairness among all traders.
What is the step-by-step process to obtain the $30 XM no deposit bonus?
Now, let’s walk you through the step-by-step process to obtain the $30 XM no deposit bonus. The process is straightforward and user-friendly.
First, you need to open a real account with XM. After that, you need to verify your phone number. Once your phone number is verified, the $30 bonus will be automatically credited to your account.
Remember, this bonus is only available to new clients. So, if you already have an account with XM, you won’t be eligible for this bonus.
Who is eligible to receive the $30 XM no deposit bonus?
Speaking of eligibility, let’s discuss who can receive the $30 XM no deposit bonus. As we mentioned earlier, this bonus is only available to new clients.
But that’s not all. You must also be over 18 years old. Furthermore, the bonus is not available to residents of certain countries due to regulatory restrictions. So, before you get excited about the bonus, make sure you are eligible to receive it.
Why choose the $30 XM no deposit bonus?
Why choose the $30 XM no deposit bonus, you ask? Because it’s an excellent opportunity to start trading without having to risk your own money. It’s a risk-free way to familiarize yourself with the platform and test your trading strategies.
And let’s not forget the potential profits. Yes, you can’t withdraw the bonus itself, but you can keep the profits you make from trading with it, subject to some conditions.
What is the transaction confirmation process for the $30 XM no deposit bonus?
Finally, let’s talk about the transaction confirmation process for the $30 XM no deposit bonus. After you’ve verified your phone number, the bonus will be automatically credited to your account.
Once the bonus is credited, you’ll receive a confirmation message. This is to ensure that the process is transparent and you are aware of the bonus being credited.
In a nutshell, the XM no deposit bonus is a fantastic opportunity for new traders. It provides a risk-free way to start trading online and to potentially make some profits. Just make sure you are aware of the rules and conditions attached. Happy trading!