XM is a globally recognized online broker that offers forex and CFD trading on a wide range of financial instruments. Founded in 2009, XM has grown to serve over 10 million clients in more than 190 countries, making it one of the largest and most trusted brokers in the industry. Known for its transparency, regulation, and customer-centric approach, XM is a popular choice for both beginner and professional traders.

1. $30 No‑Deposit (Welcome) Bonus

  • XM offers a $30 no-deposit bonus for new verified clients, allowing risk-free live trading

  • The bonus itself cannot be withdrawn, but profits made from it can be—subject to XM’s trading volume conditions

  • Available in most regions outside the EU/UK/Australia; must be claimed within 30 days of account opening.


2. Deposit Bonuses (Two‑Tier Match)

  • Tier 1: 50% match on deposits up to $500

  • Tier 2: 20% match on additional deposits, up to a combined maximum of $5,000 total bonus.

  • Note: Not available for XM Ultra‑Low or Shares accounts.

  • To withdraw profits, traders must meet specific lot-volume thresholds.


3. Referral Bonus (“Refer a Friend”)

  • Traders can earn between $25–$35 per new referral, depending on total referrals.

    • 1–15 referrals: $25 each

    • 16–30 referrals: $30 each

    • 31+ referrals: $35 each

  • Accessible to verified account holders after trading at least 1 standard lot.

  • Reddit confirms: referral conditions include verification and small deposit.


4. Loyalty Program: XM Points (XMP)

  • Earn XMP for every lot traded:

    • Executive: 7 XMP/lot

    • Gold: 10 XMP/lot

    • Diamond: 13 XMP/lot

    • Elite: 16 XMP/lot.

  • XMP can be converted into trading credit (e.g., 3,000 XMP → $1,000) and used for trading; profits from this can be withdrawn.


5. Trading Contests

  • XM regularly hosts live and demo trading contests with cash and gadget prizes

  • Example: Monthly contest with prize pools up to $500, sometimes larger seasonal competitions.