XM No Deposit Bonus 30$ | Free XM Bonus Info 2024 (2024)

XM broker has rolled out a promotion, allowing you to begin investing and evaluate their platform and trading conditions without any initial deposit. They offer a welcome reward of $30, which will be credited to your trading account. This allows you to execute your initial trades without risking your own money.

This method provides a more reliable way to determine if XM broker meets your requirements compared to a demo account. Keep in mind that with XM Group, you can invest online in over 1000 financial instruments, including major Forex market currencies, cryptos, and CFDs on stocks, commodities, indices, precious metals, and energies.

XM is a consortium of regulated brokers. Trading Point of Financial Instruments Ltd is regulated by Cyprus’ CySEC, XM Global Limited is regulated by Belize’s FSC, and Trading Point of Financial Instruments Pty Ltd is regulated by Australia’s ASIC. They offer MetaTrader 4 and MetaTrader 5 trading platforms, variable leverage based on the financial instrument you trade, quick order execution, the ability to implement any trading strategy (scalping, hedging, expert advisors, etc.), and competitive spreads starting from as low as 0 pips.

Please note that this reward is not available for clients registered under the EU regulated entity of XM Group. For more details, please visit the XM Group website.

How to Claim Your $30 No Deposit Bonus Reward from XM Group

Now, let’s guide you through the step-by-step process to obtain XM’s $30 no deposit reward. 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 reward will be automatically credited to your account.

Remember, this reward is only available to new clients. So, if you already have an account with XM, you won’t be eligible for this reward.

Step-by-Step Process to Obtain XM No Deposit Reward $30

See Also

How To Avoid ATM Fees | BankrateHow to Withdraw Money from a Trading Account?Before you can withdraw money - Hargreaves LansdownDiscover thousands of collaborative articles on 2500+ skills

Step 1: Initiate your journey with XM Group by opening a live account. You can do this by clicking here and completing the form.

Step 2: Once you’ve Registered, log into the XM Group user area using the username and password sent to your email.

Step 3: To validate your account, you’ll need to provide some necessary documents. This includes proof of identity (like an ID card, passport, or driving license) and proof of residence (such as a recent bill for electricity, water, or telephone that shows your address). This step is a standard requirement for registration with most brokers, enforced by regulatory bodies to prevent identity theft.

Step 4: Now, it’s time to claim your reward! Look for the “Claim your Reward” button in your user area. If you can’t find it there, you can access it through the XM Group website under the section Promotions >> No Deposit Reward Promotion.

XM $30 Reward Terms And Conditions

In this section, we outline all the eligibility criteria for the XM $30 no deposit reward.

1. Recipients of the XM reward must be at least 18 years old or not considered a minor in their country of residence.
2. The client must be new to XM and have never received this type of reward before.
3. The recipient cannot share the same IP address with an existing XM reward account holder. If duplicate IPs are detected, XM reserves the right to disqualify the recipient.
4. If a family member has already received this reward, it is no longer available to other family members.
5. Anyone who is directly or indirectly associated with the XM company is not eligible for this $30 reward.
6. The reward can be offered to residents of any country, as long as XM deems it appropriate.
7. Only clients registered under XM BZ are eligible for rewards and promotions.

Remember, it’s important to read and understand all the terms and conditions before you start trading. Happy investing!

The Profit Withdrawal Rules for XM No Deposit Bonus $30

Diving into the specifics of the profit withdrawal rules for XM’s $30 no deposit reward, it’s clear that this reward offers a fantastic opportunity to start trading without any upfront investment. However, there are some rules to be aware of.

Firstly, the reward itself cannot be withdrawn. That’s right, the reward isn’t withdrawable. It’s the profit you generate from trading with the reward that can be withdrawn.

But it’s not as straightforward 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 ensures that the reward is being used for trading purposes and not merely being withdrawn.

How to Withdraw the Profit Made from the $30 NDB

The $30 itself is not available for withdrawal but the profit generated by this no-deposit reward is good to withdraw anytime you like it. Nevertheless, there are withdrawal terms and conditions.

XM $30 Reward Bonus Withdrawal Conditions

We have summarised what you should know about withdrawing the profit.

1. Must trade at least 0.1 lot in total (10 micro lots).
2. Must trade at least 5 rounds of trades.
3. There is no maximum limit to the amount you can withdraw.
4. The minimum withdrawal amount is $5 every time.
5. XM will deduct the reward proportionally in a percentage of the withdrawal amount.

Remember, it’s important to read and understand all the terms and conditions before you start trading. Happy investing!

Conclusion

Upon successful completion of the registration process, XM no deposit Bonus $30 should appear in your account within a day. This reward, however, cannot be withdrawn. Instead, it can be utilized to execute trades within the system.

This feature serves as an excellent tool for testing the platform and familiarizing yourself with its functionalities. It’s particularly beneficial for beginners who are still learning the ropes of trading and may not want to risk their own funds during this learning phase.

Remember, the journey to becoming a successful trader involves learning, practicing, and patience. XM no deposit Bonus provides a risk-free opportunity to start this journey. Happy trading!