What is XM’s $30 No Deposit Bonus? It’s a one-time bonus is given to new clients. The $30 credit is non-withdrawable. It’s just for allowing clients to test XM products and services by starting to trade with no initial deposit.
When you claim your bonus, the amount will be credited to your account instantly to be used for trading. Any profits generated can be withdrawn at any point in time, however, any withdrawal of funds will result in the proportional removal of your trading bonus.
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Who Can Claim XM $30 No Deposit Bonus?
This promotion is available to all traders opening an XM Real Account for the first time. In some regions, however, an alternate promotion may prevail. There is a 30-day limit from the date of opening your account in which time you must claim the bonus before it is rendered unavailable.
How to Get XM $30 No Deposit Bonus?
To claim the Bonus you need to follow a few simple steps:
1. Open a Real Account (Micro, Standard, or Ultra Low)
2. Log in to the Members Area using the credentials sent to you by email
3. Provide the relevant identification documents to validate your account (if you have not already done so)
4. Click the button to Claim your Bonus
5. Complete the SMS verification process by following the on-screen instructions
How to make a withdrawal of XM $30 No Deposit Bonus?
Any withdrawal of funds from an Eligible Client’s real Account(s) with the Company will cause the removal of the previously awarded trading bonus(es) proportionally to the percentage of the requested amount of the withdrawal from the respective Eligible Client’s real Account with the Company.
The examples in the table below show you how the Trading Bonus is proportionally removed from your trading account when you make a withdrawal.
|No Deposit Trading Bonus Amount||Deposit Amount||Profit generated from trading with the Trading Bonus||Balance available for withdrawal||Amount of requested withdrawal||Amount of trading bonus removal|
|$30||–||$100||$100||$40 (40% on $100)||$12 (40% on $30)|
|$30||$500||$100||$600||$360 (60% on $600)||$18 (60% on $30)|
In the event of internal transfers between trading Accounts with the Company, trading bonuses previously credited to sending account will be moved proportionally to the percentage of transferred balance into receiving account.
No new/additional trading bonuses will be credited upon internal transfer to receiving account. In case that receiving account is not eligible for trading bonuses, the number of trading bonuses deducted from sending account will not be credited into receiving account and therefore that proportion of trading bonuses will be nullified.
Trading bonuses cannot be separately transferred between, or from Eligible Clients’ real trading Accounts with the Company.
Terms and Conditions
1. The bonus might not be applicable to the traders of some countries.
2. We strongly suggest you ask their live support if it is available to your country/region before you apply for this XM NO Deposit Bonus.
3. Eligible Clients, who meet the criteria set forth herein are able to receive trading bonuses equal to:3.1 30 USD,- (or currency equivalent) of “No Deposit Trading Bonus”.3.2 In order to activate and credit the Account with “No Deposit Trading Bonus” all Eligible Clients need to successfully complete the phone number (SMS) and/or voice verification procedure of this Program, offered in the dedicated option in the Members Area.
4. This “No Deposit Trading Bonus Program” applies only to new clients of the Company.
5. All Eligible Clients are permitted to hold only one (1) “No Deposit Trading Bonus” Account per one (1) unique IP address. Multiple registrations from the same IP are not permitted nor are multiple “No Deposit Trading Bonus” Accounts registered with the same personal details.
6. Profits from trading on “No Deposit Trading Bonus” Accounts may be withdrawn anytime, provided that the trading volume in the relevant real trading Account reaches at least 10 micro-lots (0,1 standard lots), and provided that at least 5 round turn trades have been completed. The number of lots traded and of round turn trades realized can be verified by logging in to the account under the “Account History” tab or by logging in to Members Area.
7. The “No Deposit Trading Bonus” applied to the real Accounts of Eligible Clients (Shares trading accounts are not eligible to participate in the “Program”) in accordance with the rules set forth herein cannot be transferred between live trading accounts with the Company.
8. Any profits generated from the utilization of the “No Deposit Trading Bonus” are available for withdrawal as per our withdrawal procedure.
9. Please note that it may take up to 24 hours before any bonus is added to the account of an Eligible Client who meets all of the criteria set forth herein.
10. The “No Deposit Trading Bonus Program” applies to all clients who open real Accounts with the Company in accordance with the rules set herein and granted bonuses may be used for trading purposes only and cannot be withdrawn.
11. In the event that Account becomes Dormant all previously awarded trading bonus(es) will be immediately withdrawn from the respective Eligible Clients real Account with the Company.
12. This promotion may be redeemed only once by any Eligible Client.
13. The “No Deposit Trading Bonus Program” is not applicable for holders of Shares trading account(s).
14. Taking part in the “No Deposit Trading Bonus Program” constitutes acceptance of these Terms Conditions and of the Business Terms and Policies set forth on the Company’s website.
15. The “No Deposit Trading Bonus Program” terms shall be governed by and construed in accordance with the Laws of Belize. Any dispute or situation not covered by these terms will be resolved by the Company in the manner it deems to be the fairest to all concerned. That decision shall be final and/or binding on all entrants. No correspondence will be entered into.
16. If any of the “No Deposit Trading Bonus Program” terms were to be translated into a language other than English, then the English version of these terms shall prevail where there is any inconsistency.
17. The Company reserves the right, at its reasonable discretion, to discontinue the offering of this “No Deposit Trading Bonus Program” to any of its clients, without having to explain the reasons. Such clients will be informed via email.
18. Clients registered under the EU and ASIC regulated entities of the Group are not eligible for the bonus
Vincent Nyagaka is a Professional Trader, Investor, and Author who is considered ‘The Authority” on Price Action Trading. His blog is read by over 300,000 every month and he has taught over 5,000 students from all over the world since 2016. Check out Vincent’s Professional Trading Course here.