XM no deposit bonus is a great opportunity for the beginners or the traders that have not had any trading experience with the company. The broker has proved its excellence many times during its 10 years presence on the Forex trading market and is widely known as a reliable broker around the globe. Currently, XM is offering a free bonus to its new clients all around the world. Customers who are willing to start trading with XM can get $30 trading bonus after creating the real trading account with them. The bonus is available for anyone, but people who want to claim it should meet certain criteria. In this XM no deposit bonus review we will explain how can you get your free 30 USD and what are the terms and conditions of using it.
Size of Bonus: $30 Trading Platform: MT4, MT5, Web
Expiration: No Min. Volume: N/A
Leverage: 1:30** Required Action: SMS Verification
This is a limited offer. Sign up now!
*Clients registered under Trading Point of Financial Instruments Ltd and Trading Point of Financial Instruments UK Ltd are not eligible for the bonus.**“Leverage applies to all EU regulated entities of the group. Leverage depends on the financial instrument traded.
Who can get XM $30 no deposit bonus?
XM no deposit bonus is offered to all the new clients of the XM broker who wants to experience the trading process with XM on their platform to ensure themselves that the broker and the platform is the right choice. Although the newly register customer must be eligible and meet all the criteria to receive their bonus. Generally, the only restrictions are to the people who are under 18 years old or are otherwise under legal age in their countries of residence. The customers who fall under the category of “minors” do not have the right to trade and therefore cannot receive the money.
The customer should not have any history containing the events of violations of the broker regulations. In addition to that, if XM suspects that the user is violating or has an attempt to abuse the promotion or the fair rules of the trading bonus, XM broker reserves the right to deny, withhold or withdraw the trading bonus, or any other offered promotions for the user. Each and every customer can only get the trading bonus once. According to XM no deposit bonus terms and conditions the bonus is attached to the uniques IP address, therefore the user can hold only one trading bonus. Once the new customer creates the real trading account he or she has a 30-day limit to claim the free 30 USD, after that the promotion is no longer valid for this user.
How to get XM no deposit bonus
The process of getting XM global $30 bonus is very easy and takes several steps only. Once you go the XM website promotional section you will see that all the needed information and instructions are displayed in a way that even a beginner trader can understand it without any complication. Moreover, the website has a user-friendly design which makes it even easier to navigate there.
On the sections of promotions, you will see several offering that is currently active for the new users or current customers of the brokers.
To get your bonus you need to choose the trading bonus. Click here to claim your bonus, you will be landed to the 30 USD free bonus section directly.
Once you are on the page, you are one click away from getting your XM welcoming bonus.
In order to get it, you need to have the real trading account where you will be using 30 USD. Therefore the button for claiming your bonus will direct you to the registration of the real account. Creating the real account with XM consists from two steps and takes 2 minutes only. Let us go through the process of the registration process.
- To create the real account and get you free XM 30 USD bonus you need to fill the first part of the registration application. You need to fill your personal information. XM requires for the first and last name you enter in the registration form to be as it is written in your identity document. You should also indicate your country of residence, phone number (You will need a phone number later for the SMS verification) and an E-mail address, where you will get your ID for accessing the trading account. Also, you need to choose a preferred language for yourself. XM offers a wide range of 25 languages to choose including English, Spanish, German, Italian, French, Russian, Chinese and more.
- After filling up your personal information the registration form asks you to choose a trading platform type, currently available platforms with XM broker is MetaTrader 5 and MetaTrader 4. If you do not know how to choose between them, do not get confused. Here are the differences between these two platforms. Generally, you can access your trading account on MT4 and MT5 with pretty much all devices such as PC, MAC, IOS and Android. However, MetaTrader 5 additionally includes XM WebTrader, meaning that you will not have to install any software, as you can have access to the trading platform online. The second difference between the platforms is that MetaTrader 5 offers its users to trade in stocks, stocks indices, and precious metals, while MetaTrader 4 is predominately a Forex Trading Platform. To sum up, MetaTrader 5 is an upgraded version of the MT4 and has two main features added – XM WebTrader and trading possibilities for stock indices and precious metals. It is completely up to you which platform you will go with, both of them is highly recommended by the traders all around the world and you can get your XM no deposit bonus does not matter which platform you choose.
- Once you have made up your mind on which platform you will start trading you should choose the account type you want to start with. In the registration form, you are given 5 options that are currently available for XM customers. These accounts are Micro, Standard, XM Zero, XM Ultra low micro, and XM Ultra-low standard. We will not give in the depth of differences between the accounts here, you can check the XM website account section where all related information is displayed.
One step away from getting XM free bonus
- Once you submit the first part of the questionnaire, the second part of the registration will be. At this point, you are one step away from getting your XM free $30. The next part of the questionnaire is designed in a way to finalize your trading account details and for XM to simply determine the purpose of the client. This part of the registration is pretty small as well. You will be asked if you are a US citizen or not, this question is solely for tax purposes.
- Next, you need to fill up your trading account details such as – account base currency, account bonus, and leverage. The last part of the registration is to provide information about your investment amount in USD currency, your employment status and intended purpose and nature of transactions.
After the questionnaire is completed the website will ask you to set a password on your account.
XM Bonus transaction confirmation
Congratulations, you now have completed the registration process and are about to get your 30 USD. After submitting the registration form you will receive an email asking for confirmation on receiving the XM bonus 30 USD. An email will be sent on an address you have indicated while registering. Alongside with it, you will receive an ID for your trading account. You need to use this account number and the password you have indicated while registering to enter the Members area.
Getting XM no deposit bonus on your account
After all the steps explained above are successfully completed you need to activate the bonus to get it on your trading account. You should successfully complete the verification procedure with SMS and/or voice verification. In a result, you will receive free 30 USD for trading on your account. The transaction might take up to 24 hours, but usually, the money appears on the user’s account in less than one hour. The XM Forex no deposit bonus is solely for trading purposes, meaning that you cannot withdraw the initial $30, you can only withdraw the profit you will make from the trading. As we got to the point of withdrawal lets see what are the withdrawal restrictions and instructions.
XM bonus withdrawal
As mentioned above you are not able to withdraw the initial bonus money. Although you are free to withdraw the money which you will make from your successful trading. As per as XM withdrawal procedure any withdrawal of funds will result in the proportional removal of the initial trading bonus. You can see how it works on the picture below.
Why XM 30 USD no deposit bonus
Why should you go with XM Forex free trading bonus? XM has a reputation that is beyond any suspicion. The company is Cyprus based and is fully regulated by the Cyprus regulator CySEC. The company has 10+ years experience and throughout his presentation of the market, they have strongly established their name as a frontier of the trading industry. The broker has many advantages for the experienced brokers and the beginners. The main advantage, especially for the newcomers in the industry is a highly innovative platform and an interface that helps you navigate and easily understand the system. Besides that FX broker offers 24/5 professional customer support in 25 languages. This can be especially helpful for the new traders. This is why we advise starting with the XM 30$ bonus, as the advantages that the broker is offering to its customers can be a great start of a successful trading career.