XM, one of the most famous forex brokers, has unveiled some fresh promotions. Now, beginners can trade live without initial investment, while high-volume traders can protect their profits from disruptions. The conditions for deposits and withdrawals have never been more attractive! Here are the key things to know about the XM broker bonuses in 2022.
FX 30$ bonus
Clients who register a live account are eligible for a free gift — $30. Now, you do not even have to make a deposit to enter the live market! Get a taste of serious trading without putting your own money at stake. This bonus is not available to customers registered to XM Group’s EU-regulated branch. This XM broker no deposit bonus is not withdrawable on its own, but you will be able to collect any profit made from trading with it. The offer remains valid within 30-days of registering a live account.
XM VPS — Rapid Trade Execution via Lightning Fast Connection
Clients who maintain a balance of at least $5,000 (or equivalent in other currencies) can request free access to the broker’s Virtual Private Server (VPS). This service provides enhanced protection against external factors that interrupt trade and undermine profitability.
The VPS will keep a virtual copy of your machine running 24/7. If your computer crashes or there is a power outage, all trades will still be executed according to your parameters. Traders using a VPS do not need to worry about technical issues or even keep their computers on.
Getting VPS as a gift also requires a specific volume of monthly trading — 5 or more standard round turn lots/500 micro round turn lots. If you do not qualify for a free VPS, you can still get it for a monthly fee of $28.
Zero Deposit and Withdrawal Fees
Transferring money to and from your account on XM is absolutely free. This concerns all available payment methods:
- credit cards (VISA, VISA Electron, Mastercard, Maestro, and UnionPay)
- online wallets (Neteller, Moneybookers)
- wire transfers of over $200
Whichever method you pick, your transaction will be processed automatically and funds will land in your account as soon as possible. Please note that transfers via credit cards and wallets are almost instantaneous, but wire transfers can take a few business days.
How Do the XM Trading Bonuses Work?
Each of the bonuses has specific conditions. Some of the gifts are applied automatically, others require activation from the Members area.
$30 welcome bonus
The $30 bonus is provided to all registered users with a live account. It will be credited to your balance as soon as you meet all the requirements below. Then, you can venture out into the live market!
To access the promotion, you need a verified live (not demo!) account with XM. Please note that inexperienced users should open a demo account first and practice in the simulator before switching to live. Trading in the real market always feels different and more stressful, so take your time. Follow the steps in our guide to claim your $30.
- Register a live account on the broker group website by filling in a special form.
- Confirm your email address.
- Use the login and password to enter the user area.
- Upload the requested documents for verification.
- Click on “Claim your Bonus”. If you do not see this button in the user area, go back to the XM Group website and find the bonus in the Promotions section.
XM is a reliable broker compliant with all industry standards. Therefore, you will be asked to prove your identity and place of residence in step 4. You can upload a photo of your ID card, passport, or driving license to prove your identity. As proof of residence, upload a recent utility or phone bill.
All users qualify for the zero-fee bonus — just open a live account and make a deposit using a suitable method. Please note that in case of a bank transfer, you will need to send at least $200 to your account.
The VPS bonus is available from the Members area. If you cannot meet the requirements for free access, you can purchase a monthly subscription for $28. This amount will be automatically deducted from your balance on MetaTrader 4/5 on the first day of the calendar month.
In any case, you will need to establish a remote desktop connection on your computer. You can do it from the Start menu. After entering the IP address, login, and password for the XM VPS, your machine will be connected to the server.
XM Group is a global forex broker that is regulated in Cyprus (CySEC), Belize (IFSC), Australia (ASIC), and other jurisdictions. It offers over 1,000 assets across markets — currencies and CFDs (Contracts for Difference). Clients can make a profit from shares, indices, commodities, and precious metals. Read more in our review.
The broker’s software includes all versions of MetaTrader 4 and MetaTrader 5, so you can trade on desktop and mobile devices. Pursue any popular strategies, from scalping to swing trading and forex robots, take advantage of leverage and competitive spreads. Grab your XM broker bonuses today! The company frequently updates its loyalty section, so we may see referral bonuses and other gifts soon!