XM Deposit Bonus: policies and limitations, forex xm bonus.

Forex xm bonus


This is not a limited one-time deal offer. If a client an XM bonus deposit worth $250 four times, $125 will be added each time to the account until it reaches the $1,000.

No deposit forex bonuses


XM Deposit Bonus: policies and limitations, forex xm bonus.


XM Deposit Bonus: policies and limitations, forex xm bonus.


XM Deposit Bonus: policies and limitations, forex xm bonus.

However, the maximum bonus a person can receive is $5,000. Trading bonus is there to help new and existing clients to hold their positions open for a longer period. XM forex bonus is not eligible for clients registered under trading point of financial instruments ltd and trading point of financial instruments UK ltd. That is important to mention that the bonuses are not available on the XM ultra low account, as well as on the XM shares account.


XM deposit bonus: policies and limitations


Platform


Expiration


Min. Volume


If you are someone who trades on the forex market for a while now, you shall definitely know the XM forex broker. As that is undeniably one of the most reliable and trustworthy ones out there. However, if you are a beginner, you shall undeniably consider taking a look at it. This is a broker you should go for if you are looking for trust and reliability, as well as if you are seeking for the beneficial XM deposit bonus.


With the metatrader 4 and metatrader 5 platforms, the brokerage gives you a wide spectrum of ways to increase your trading profit. Moreover, that allows you to get the deposit bonus we will talk about in more details in that article. Reliability is vital for one to make a deposit with a broker and this is why we have decided to highlight the main points of the XM deposit bonus. However, now without any hidden conditions, XM gives you an impulse with their new deposit bonus for you to start trading right away. Should you or shouldn’t you go for it? Find out in the XM bonus review!


XM deposit bonus description


XM forex broker guarantees that your account will be increased by 50% for any deposit below $1,000. Thus, if you deposit, for instance, $50, then you will get an additional bonus of $2.50. And your trading capital will reach $7.50.


However, the maximum amount of the bonus that might be received equals $500. That means that you are granted a 50%-bonus only until your deposit does not exceed $1,000.


Once your deposit amount is more than $1,000, you will still have that 50% added on the first $1,000 of your deposit. Also, 20% will be given as a bonus for any amount more than that.


This means if you deposit an amount of USD $22,500, your account balance will become USD $28,500. The math on this is pretty simple and you can see it in more details in this table:



Any account holder can have his own bonus! No matter if you are a new customer or have been trading with XM for years. However, as you see from the table above, the biggest bang for your buck can be achieved with actually a $1,000 worth deposit.


XM bonus limitations


That is important to mention that the bonuses are not available on the XM ultra low account, as well as on the XM shares account.


This is not a limited one-time deal offer. If a client an XM bonus deposit worth $250 four times, $125 will be added each time to the account until it reaches the $1,000. However, the maximum bonus a person can receive is $5,000. Trading bonus is there to help new and existing clients to hold their positions open for a longer period. XM forex bonus is not eligible for clients registered under trading point of financial instruments ltd and trading point of financial instruments UK ltd.


XM trading bonus withdrawal policies


Even though getting a deposit bonus is easy with that broker, the withdrawal procedure is not that primitive. And is rather targeted to make traders leave the funds on their accounts.


Therefore, when you are trying to withdraw funds from your XM bonus account, the broker will charge you with the amount of the bonus that will be proportional to the amount of the funds for withdrawal. Just to illustrate: imagine you deposited $1,000 and you were given $500 as a bonus (50%). Then you decided to withdraw $250 (25%) out of $1,000 available, as you still can’t withdraw the bonus. As a result, a total sum of $125 (25% of the bonus) will be removed.


But, for instance, if you have managed to generate some additional profit, then the picture will be a bit different. Imagine that you have deposited $1,000, received a $500 worth XM deposit bonus, and things turned out to be great for you. And you gained a profit of $2,000 from trading. Now you have $3,000 available to withdraw and you want to take them all out of the account. In that case, $500 of the bonus will be removed just because that will equal 100%. Maybe the table will help you to understand that easier:


Another XM bonus program


XM forex broker is constantly coming up with innovative bonus programs that will ensure that traders will stay loyal and interested. Thus, augmented XM points service was recently launched as an added bonus one may use while trading on the platform. You can subscribe and unsubscribe to that any time you want without any restrictions.


XMP has a status of reward for the loyal customer. Thus, as you trade, you received those bonus points that might be later transferred to the monetary bonus. That can be calculated in the following way:


However, in order to received XMP in the first place, you need to create an account and sign up for the loyalty program. There are several you may choose from XM executive, XM gold, XM diamond, XM elite.


If you are the part of the executive loyalty program, then you will receive 10XMP per lot straight away. If you are the gold loyalty program’s member, then you will receive 13XMP per lot after at least 30 days of trading. If you are a member of diamond loyalty program, then you will be guaranteed to receive 16XMP per lots only after 60 days of trading on the platform. Finally, if you are the holder of elite loyalty program, then you will be provided with 20XMP per lot after 100 days of trading with XM broker.


So, imagine you have 10,000XMP gained and you have decided to redeem 3,000XMP. Then, according to the formula provided above, you will receive $1,000 of bonus and will still have 7,000XMP on your account to convert and withdraw later.


However, there are some details worth mentioning when it comes to withdrawal of XMP from an account. For instance, you have 3,000XMP to redeem and you have gained an additional $1,500 while trading that you are allowed to withdraw. You have decided to withdraw only the part of it, $750, which is 50% of the total sum stored on the account. That means that the same 50% will be removed from your XMP bonus, which will equal $500 (3,000XMP / 3= $1,000). Take a look at the table below to understand the process better:


XM broker account types


There are various account options available while registering with the XM broker. Thus, you can choose between micro, standard and XM ultra low one. They differ depending on the size of lots, as well as the minimum deposit rate and leverage, availability of the bonus.



  • The micro account has a leverage of 1:1 to 1:888, the spreads can be as low as 1 pip, the minimum deposit can be $5, the minimum trade volume is 0.01 lots, and there is no commission charged. However, you won’t be able to obtain an XM deposit bonus on that account.

  • The standard account has a leverage of 1:1 to 1:888, the spreads can be as low as 1 pip, the minimum trade volume is 0.01 lots, the minimum deposit is $5 as well. And you can obtain bonus using that account.

  • The XM ultra low account has a leverage of 1:1 to 1:888, the spreads can be as low as 0.6 pip, the minimum deposit should be at least $50, the minimum trade volume is 0.01 lots, and there is no commission charged. And you cannot get the bonus on that account as well.



Among the currencies available for trading there are:



  • USD

  • EUR

  • GBP

  • JPY

  • CHF

  • AUD

  • HUF

  • PLN

  • RUB



Advantages


Even though we would recommend you to open an account with XM, there is one big benefit of the XM deposit bonus. It comes with a multi-account availability. When an XM bonus deposit comes to an account and then it’s transferred to another one, the bonus value will be transferred as well! The system calculates the share of the bonuses that should be transferred and makes sure you get an equal proportion on your other account. This is quite comfortable, as many brokers would simply remove your bonus if you try to move funds from one account to another.


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Trade forex and cfds on stock indices,
oil and gold.


78.04% of retail investor accounts lose money when trading cfds with this provider.
You should consider whether you can afford to take the high risk of losing your money. Risk disclosure



  • Trade with a regulated broker

  • Zero commissions



  • Trade on desktop, mobile and tablet

  • No hidden fees


Trade on 16 platforms from 1 account


MT4 and MT5, both available for desktop, tablet and mobile devices


platforms_img


78.04% of retail investor accounts lose money when trading cfds with this provider.
You should consider whether you can afford to take the high risk of losing your money. Risk disclosure


Why choose XM?


There is a reason why over 3.5 million clients have chosen XM for trading forex and cfds on stocks
stock indices, commodities, metals and energies.


Licensed and regulated


Trading with XM means trading with a licensed and regulated broker.


Up to 30:1 leverage


XM offers its clients up to 30:1 leverage with negative balance protection and no changes in margin overnight or at weekends.


24-hour support


At XM you can enjoy 24/5 support in over 30 languages by live chat, email and phone.


Over 1000 instruments


XM offers trading in over 1000 instruments ranging from forex and cfds on stock indices, oil and gold.


© 2021 XM is a trading name of trading point holdings ltd. All rights reserved. | privacy policy | cookie policy | terms and conditions


Legal: this website is operated by trading point of financial instruments limited, registration number HE251334, with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.


Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.04% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please consider our risk disclosure.


Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.


XM live chat


By clicking the "enter" button, you agree for your personal data provided via live chat to be processed by trading point of financial instruments limited, as per the company's privacy policy, which serves the purpose of you receiving assistance from our customer support department.


If you do not give your consent to the above, you may alternatively contact us via the members area or at support@xm.Com.


All incoming and outgoing telephone conversations, as well as other electronic communications (including chat messages or emails) between you and us will be recorded and stored for quality monitoring, training and regulatory purposes.


Please enter your contact information. If you already have an XM account, please state your account ID so that our support team can provide you with the best service possible.


This website uses cookies


By clicking “continue”, you agree to the default cookie settings on our website.


XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.


For more information please read our cookie policy.


This website uses cookies


By clicking “continue”, you agree to the default cookie settings on our website.


XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.


Read more, or change your cookie settings.



What are cookies?


Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.


Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.


We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.


Why are cookies useful?


We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.


Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.


In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.


Here is an overview of some of the functions our cookies provide us with:



  • Verifying your identity and detecting the country you are currently visiting from

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  • Allowing third parties to customize content accordingly



This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.



XM no deposit 30 USD bonus – read an honest review


Platform


Min. Volume


Action


XM forex broker is a great place to get started for a next FX professional. This broker gives you access to XM no deposit 30 USD bonus campaign and allows you to use metatrader4 and MT5. This is one of the only brokers that makes MT4 live trading available to you without making a deposit. You should certainly try this XM no deposit bonus, as metatrader 4 is the platform you will most likely have to change to eventually and this promo campaign lets you test drive the platform without any deposits.


XM free 30 USD no deposit bonus description


Getting the 30 USD no deposit bonus on XM is pretty easy. The only thing you need, except for the wish to trade forex, is to go through XM registration, get your account, and confirm your phone number via SMS. As for the bonus, within the maximum of 24 hours (but usually in around 30 minutes), you will get the money credited to your account and you will be able to trade currencies online with XM without making a deposit.


XM free trial available platforms


When it comes to FX trading online, the choice of available trading platforms becomes quite important. Most of the traders end up on MT4 or MT5 platform and this is certainly an advantage of XM. With XM FX broker, traders using mac laptops and desktops will find a hustle way to trade since they offer native access to metatrader 4 for mac OS. Also, the MT4 web platform is also available with XM, this trading terminal could be used for windows and other operating systems too. Like most of the brokers, XM account also enables you to trade on your smartphone.


XM 30$ bonus terms and conditions


XM no deposit 30 USD bonus is unavailable for withdrawals, however, every cent from the profit is yours. You can take your time and only make relevant trades that get you great money on the XM no deposit bonus.


XM free account critics


Many traders have been complaining about this promotion and XM broker in general, this is why forex trading bonus team would strictly advise against it. You may, of course, try your luck and see how fast you can triple your initial balance, however, some traders did have their accounts removed without any prior notification.


We decided to check this bonus on our own. We have to admit, we were positively surprised by the quality of services and web platform from XM. This is why we recommend you try XM trading bonus!


How to get XM $30 no deposit bonus?


XM is a quickly growing international investment firm with over 2.5 million users and 300 professionals. The company offers a trustworthy and convenient trading environment and is one of the few brokers who will allow MT4 live trading without making any deposits. After getting their XM global login, users will be rewarded with $30 no deposit bonus that is available for trading right away. It shouldn’t take longer than a day for the funds to show up in the account.


Steps for getting the no deposit XM bonus:


Getting the bonus is fairly simple. A user only has to register on the platform and activate the account. The registration procedures are very easy to follow. On any page on XM’s website, in the top right corner, there is a green button titled “open an account”. Clicking the button will start the registration process.


The registration includes filling out a standard questionnaire. The first part of it is depicted on the screen below. In this section, the user is asked to fill out some details like name, country of residence and a phone number. A user will also get to choose an account type and trading platform type on this page.


After this information is filled out, the second part of the questionnaire will load. Here, the user is asked to provide some additional details, like the date of birth and address.


The website will also ask whether the user is a US citizen or not, as well as some additional questions to determine the purpose of the client. Once, this information is filled out, the user will set the password, agree to the terms and conditions as well as some other policies that can be viewed through the links and will click the button “open a real account”, and with that, you XM signup will be complete. Don’t stress out, your free XM bonus is almost here!


Once the questionnaire is complete, the user is very close to getting the bonus. All that is left to do is to confirm the email. The notification will be generated and the user will be asked to check the inbox of the indicated email address. Through the link provided in the email, the user will be able to confirm the transaction.


After confirming the transaction the user will finally get to log into the system using their XM members login . They will also be assigned an MT4 ID, which functions as a username when logging into the platform.


The XM no deposit bonus should show up on the account within a day after completing the registration process. The $30 no deposit bonus from XM cannot be withdrawn but can be used to trade in the system. It is a great feature to test the platform and get acquainted with it. It is an especially good feature for beginners, who might not want to risk their own funds while figuring out the basics of trading.



$30 NO DEPOSIT BONUS OFFER – XM group


Receive XM NO deposit bonus of $30 USD. Start live trading with $30 FOREX NO DEPOSIT BONUS OFFER from one of the best forex brokers in the market. Enjoy live forex trading without any deposit as well as risk. Find an opportunity to begin your forex trading career with an exclusive $30 sign up bonus. Register and validate a trading account to receive the $30 non-deposit bonus and test the products and services offered by XM group by starting to trade with no initial deposit. Receive an initial trading capital through the procedure below and start your live trading journey. We suggest you find some time to look at the terms and conditions before applying for this XM non-deposit bonus.


Clients registered under trading point of financial instruments and trading point of financial instruments UK ltdare not eligible for the bonus. Please note that this offer might not available for the traders of some regions or countries .


XM NO DEPOSIT BONUS REVIEW


Ending date: there is no initial deadline


Offer is applicable: new trader


How to apply:



  • Open a new live account

  • Verify mobile no. From the client’s area

  • Get $30 non-deposit trading bonus



Bonus cash out:



  • Any profits generated from the trading of the non-deposit bonus are available for withdrawal.

  • Any withdrawal of funds will cause the proportional removal of the trading bonus.



Terms & conditions – XM NO DEPOSIT BONUS TERMS


The bonus might not be applicable to the traders of some countries.


We strongly suggest you to ask their live support if it is available to your country/region before you apply for this XM NO deposit bonus.


XM holds the right to offer NO deposit bonus only to the clients from appropriate countries and region.


A client has to be 18 years otherwise under the legal age in their country of residence, in order to apply for this bonus


IF IP address matches between to participant of the bonus account then the latest participant may disqualify from the bonus program


This promotion may not be combined with some promotions released from time to time.


To receive the bonus, each eligible client needs to verify his/her phone no. Through the dedicated area of the client’s profile


Bonus can’t be applied to existing clients


Each eligible client is permitted to hold only ONE “no deposit bonus” account per ONE unique IP. More than one registration using the same IP is strictly prohibited; even multiple accounts using the same details is not allowed.


A client may use expert advisors or other automated trading tools, but any signals, scalping, arbitrage techniques, and news trading is not allowed. Also, proxies trading is prohibited.


All trading- instruments found in the trading terminal can be used for trading.


All orders placed at the non-market rate will be canceled.


It may take up to 24 business hours for an eligible client before any bonus credited to account.


XM holds the right, at its sole discretion, amend or terminate the NO deposit bonus any time. Or to decline or disqualify any client from the bonus program.


A client can cancel the bonus at any time by sending a request at [email protected]


NO affiliate commission is paid for trading with non-deposit bonus fund


In addition, get daily forex-signals free after passing the verification.



Forex xm bonus


Deposit bonus – A bonus on funding a live account. The bonus credited on percentage of the deposit amount.


No deposit bonus – free bonus on account registration for the new clients to trade live without any risk.


Tradable bonus: A deposit bonus that can be lost and traded as the part of your trading equity.


Volume bonus – most common type of deposit bonus, it allows you to increase your trading volume. Often the bonus can be cashed on trading lot requirement.


Forex gift – A gift for the clients for completing certain requirements, everything from bonus to latest gadget


Freebies – free stuff by forex brokers like ebook, courses, trading materials etc.


Rebate – cash-back withdrawable bonus on each lot traded.


Demo contest – contests held on demo account, win cash/tradable money with no-risk involve!


Live contest – contest held on live account, deposit requires. Win bigger cash/prizes.


Refer – a-friend– refer your friend to your broker, when your friend deposit you will get a special bonus


Free signals – get free trading signals from the broker.


Free VPS – get access to an optimized forex virtual private server for free on maintaining a certain amount of trading balance.


Binary options – binary bets trading on forex instruments


Forum posting: get a small trading bonus for each of your post in forms.


3 affiliate IB: receive a commission from your fellow traders, specially design for the marketers.


Draw bonus: the winners chosen by a draw


Seminars webinars: find the schedule to participate in the online/offline events.


Expos events: inviting to attend the forex events & expos globally.



XM review: great for no deposit bonus offer


XM


Should you trade with XM? Overall, XM is a very suitable broker for all traders offering numerous perks with few drawbacks.


XM presentation


You may have heard of XM and wondered whether they are an excellent broker or not.


XM is a subsidiary of trading point holding, which initially began operations in 2009. The broker is now globally renowned, extending its services to almost all parts of the globe with multiple financial instruments traded by over 3.5 million clients.


In this review, we will look at the XM broker and see what they have to offer.


XM Fees


XM’s main constant fee is their variable spreads (with no commissions) across all currency pairs. XM’s average spread on EUR/USD is 1.7 pips on their standard account and 0.8 pips on their XM ultra low micro account.


Swaps


There are also overnight swap rates based on the applicable rates for each trading day. Muslim customers can obtain an islamic or swap-free account. The decision to offer this account to non-muslim clients lies solely at the broker’s discretion.


Deposit and withdrawal fees


Fortunately, there are no deposit or withdrawal fees for any of the methods as XM claims to cover these except with bank wire deposits and withdrawals less than $200.


Inactivity fees


The other fee that traders should be aware of is the inactivity or dormant fee, although it’s minor. XM deems an account inactive after 90 calendar days where there was no trading, withdrawal, depositing, transfer, or registration activity.


They charge a monthly fee of $5 or the full amount of the remaining balance if less than $5. Clients should note the inactivity fee doesn’t apply if there are no trading funds.


Accounts


Let us now dive into the procedure of opening an account with XM and the account types they offer.


Requirements for opening an account


Traders can open a demo account after a quick website registration. For live accounts, XM adheres to simple KYC (know your customer) standards. They require clients to submit a copy of their original ID (driver’s license, national ID book, or passport) and proof of address (utility bill or bank statement) in their name not older than six months.


Furthermore, their online system asks questions for suitability or compliance purposes. Passing this verification stage allows clients access to all their services, including the main live trading accounts for forex: micro, standard, and XM ultra low accounts.


XM trading account types


Main accounts


These accounts come with a maximum leverage of 1:888, one of the highest compared to its competitors. XM’s minimum deposit required is a measly $5 for their micro, standard, and $50 for the XM ultra low.


One of the broker’s unique selling points is the ‘$30 welcome bonus’ offering new clients a $30-funded live account. There aren’t many complicated terms and conditions on this offer other than at least five round-turn trades in 30 calendar days and a minimum of 0.1 lots for total trade volume.


Deposit and withdrawals


Though this will vary depending on the region a client resides in and/or the amount funded, XM allows clients a wide array of world-recognized and accessible payment options for account funding and withdrawals.


These methods are namely all visa, mastercard, maestro and china unionpay credit/debit cards, skrill and neteller, which are all fee-free for both deposits and withdrawals (except for bank wire deposits and withdrawals under $200).


Withdrawal times


All withdrawals requested are verified within 24 hours. The funds would reflect within a day for e-wallets and two to five working days for cards and bank wire.


Withdrawal policy


As standard with most brokers, they don’t allow any third-party deposits or withdrawals due to anti-money laundering policies. Another criterion that a vast majority of brokers adhere to regarding withdrawals is a ‘return to source’ policy.


The last funding method used is given priority for withdrawals up to the sum of the original deposits. Once all withdrawals have reached the sum of the deposits made by the method/s, any subsequent withdrawal would come through via bank wire.


For example, if a client initially funded $50 via neteller, another $50 via skrill, and made $320 profit, $50 would go back to skrill, $50 back to neteller, and any portion of the profit via bank wire.


Platform and analytical research tools


XM Platform and analytical research tools


The two primary trading platforms that XM offers are MT4 and MT5, both available in tablet, mobile, desktop (windows and mac), and web forms.


The broker has a broad range of research, educational, and technical tools to help their clientele.


Research tools


For research, newly-added features include a podcast, technical summaries, trade ideas, and their in-house markets overview and technical analysis research. All these features are in addition to their economic calendar, news, and youtube channel providing weekly analysis.


Educational tools


Educationally, clients can expect forex seminars at various parts globally, webinars, platform tutorials, as well as recently-included live and pre-recorded educational videos.


Technical tools


For their technical tools, these include the profit and loss calculator, swaps calculator, margin calculator, pip value calculator, and currency converter. Such tools are beneficial because they allow clients to calculate the necessary metrics using XM’s actual data rather than externally.


For example, not all brokers offer a dedicated swap calculator, meaning clients need to manually calculate the swap fee. This effort requires ensuring they are using the updated swap rates and understand the calculation their broker uses.


Using their internal swap calculator, you access an accurate reflection of their rates in a live setting and do not need manual calculations.


Pros and cons of XM


PROSCONS
– regulated by cysec, IFSC, FCA, ASIC, DFSA
– offers near zero spread account- 11 years experience
– ECN/STP- competitive spreads- leverage up to 1:888
– minimum deposit of $5
– negative balance protection
– offers nano lots on XM ultra low
– no fees on deposits and withdrawals (except for bank wire deposits under $200)
– no commissions
– wide range of accounts
– wide range of currency pairs
– wide range of payment options
– wide range of base account denominations (USD, EUR, GBP, ZAR, CHF, -JPY, AUD, RUB, PLN, HUF, SGD – depending on region and account chosen)
– wide range of website languages
– offers both MT4 and MT5
– offers mobile app
– offers $30 no deposit offer for new clients
– offers cash rebates
– offers 24/5 live chat, phone, and email support
– inactivity fee
– doesn’t offer services to residents in the USA, canada, israel, and iran

XM is a highly recommended forex broker suitable for all levels of traders with several perks that include competitive spreads, the $30 no deposit offer, an account to open nano lots, and no fees levied on deposits, and withdrawals, to name a few.


They only have a few disadvantages, which are barely worth mentioning when compared to the benefits. Clients interested in opening an account with XM shouldn't hesitate based on this review.



Top 10 best forex brokers with bonus and promotions for 2021


Top rated:






forex-broker-bonus-promotions


Are you on the lookout for the best forex brokers with bonus and promotions to offer?


They can be tricky to find, but if the answer is yes, then you are certainly in the correct place. Here we will give you all of the information you need, not only on the top recommended brokers if you are looking for a bonus, but also what these promotions mean, and how they can best work to your benefit as a trader.


With that in mind, let’s take a closer look at the best brokers we have found that can offer bonus and promotions to you as a trader.


Are these bonuses really free money?


Although it may be hard to believe at first, it is true. The bonuses really are free money that is sent to your account by the broker. Now what is often asked is, can I withdraw these bonus funds?


Generally, the answer is yes with most top brokers. Their policy will vary though and in many cases, there are certain trading criteria that you must meet in order to withdraw the bonus funds from your account.


What should I check when choosing a bonus?


There are a couple of very important steps that you must run through when checking the bonus that you should choose, and the broker who is providing that bonus.


First off, it is vital that you read the terms and conditions carefully, so you know exactly what is on offer. Added to that, it is important to consider the whole offering of a broker. This means not only the bonus amounts, but what else they have to offer such as spreads, minimum deposits, and more.


Please note that the following bonuses may not be available in every country, and that brokers are not allowed to offer these to customers based in the EU or UK due to local regulatory restrictions. Read T&C before applying to a bonus.


Top 9 forex brokers with bonus and promotions


Here are the top 9 forex broker bonus and promotion offers we have found available:



1. FBS


FBS is the first broker to make our listing for having some of the top promotions and bonus offers in the industry. They are well-known as being a very respected broker around the world, and they have a huge amount of bonuses on offer.


At FBS you can win a wide range of prizes from holidays to new cars, and you can also double your deposit with the great FBS 100% deposit bonus they have in place. An FBS no deposit bonus is also available at no-risk at all to your funds as well as a cashback bonus if certain conditions are met. The FBS bonus offering continues to grow and expand with many contests and challenges also available where you can win cash, trips, and VIP event invites. They also run contests directly on social media like facebook where all you need to do is share posts with your friends. These are just some of the reasons why FBS is a top bonus broker for all traders.



XM is another top international broker, and one of the most easily recognizable in the industry. They too offer a strong range of bonuses and promotions. These start with an excellent $30 no deposit bonus which you can use for completely risk-free, real money trading.


Beyond this you will also find a deposit bonus of up to $4500 which means your deposit will be matched by the broker with free money up to this high value. Aside from those regular types of bonus offerings, XM also runs a lucky draw which has a huge total value of $1,000,000. As a regular trader with the broker you can also join their loyalty program which is points based. You can redeem these points through your trading actions to obtain a wide range of great benefits with the broker.


Please note that these bonuses may not be available with every XM entity



3. Instaforex


Instaforex is the next broker to make the top list of brokers providing bonuses and promotions. They too are very well-trusted by a broad range of traders across the industry. They start their bonus offering with one of the very best no deposit bonus offers in the sector. This is the instaforex $1,000 no deposit bonus.


Further to this monster bonus offer, the broker also provides a deposit bonus of 30% so you can always receive an additional 30% on top of your initial deposit as risk-free bonus funds to trade with the broker. Added to this, instaforex makes a huge range of contests and challenges available where you only need to have a demo account to participate and win. Here you can win a great range of physical prizes including cars, money, and much more.



4. Fxopen


The next broker on the list offering top promotions and bonuses is fxopen. They kick their bonus offering off with a $10 no deposit bonus. This is great if you are new to trading and looking to try out the broker with no risk at all to your own money.


Another great offer for beginners is the $1 welcome bonus on micro accounts. This makes sure you are covered to trade with free money, even at lower risk levels. Like many of the other brokers they also provide access to a large number of trading contests with a unique prize attached. This prize is that if you reach a certain benchmark of profit in the contest with virtual funds, they will then turn 10% of these funds into real money for you to trade with. A very attractive bonus proposition indeed from this popular broker.



5. Roboforex


Roboforex are in on the act too as another respected top broker offering bonuses and promotions to their traders. The excellent bonus infrastructure here starts with a deposit bonus that can be either 10%, 60%, or a huge 120% depending on how much you are depositing.


The offers do not stop there with roboforex either. Just for joining the broker, you will be entitled to a $30 welcome bonus. This can be used for completely risk-free trading on the markets of your choice. You will also be entered into weekly and monthly contests which are free to enter but where you can win real prizes on both demo, and live accounts. Regular traders are not forgotten either with cash rebates stretching up to 15% based on how much you trade.



6. Hotforex


Hotforex are one of the cornerstones of the industry and regularly feature as a top broker in many listings. They too have a very strong bonus infrastructure though it may not be available in every country the same. This is particularly true in europe.


Outside of that though, their offer is strong. They provide a number of unique bonuses the first of which is a 100% credit bonus. This acts to double your deposit with completely free bonus funds. They also offer a very unique 30% rescue bonus. This bonus protects your funds from drawdowns up to $7,000. The 100% supercharged bonus is one of their most popular though. This provides for a huge amount in cash rebates that can reach up to $8,000, on top of a 100% deposit bonus. All of these great offerings maintain hotforex as a very popular bonus broker of choice.


Please note that these bonuses may not be available with every XM entity



7. Octafx


Octafx is another popular, and rapidly growing name in the sector. They are not stepping back when it comes to offering a bonus either. If you are trading with this broker, the first thing you may want to try out are some of the demo account contests.


These great contests come with prizes of up to $500 real cash if you are trading through metatrader, and $150 if you are using ctrader. If these pique your interest, then you can decide to deposit for real, and benefit more from a 50% deposit bonus which is on offer. On top of this, there are many other prizes including merchandise to be won from a broker who is strong, trusted, and growing all the time.



8. FXTM


FXTM is one of the biggest names in the industry. They have also not forgotten a strong bonus infrastructure, and for this reason, they too feature on our list of the best brokers for bonus offers and promotions.


At the core of the FXTM bonus offering is their excellent loyalty program. Here, the more you trade, the more you can get paid. At the maximum level you have the ability to earn as much as $10,000 from the program. Also offered by the broker are a great range of both demo and live trading contests where you can compete against your fellow traders to win top prizes.



9. Vantage FX


Vantagefx is next in our selection of the best forex brokers who offer a good range of bonus systems. Here you will be able to take advantage of a 50% deposit bonus that will allow you to trade risk-free with bonus cash from the broker based on how much you deposit.


Vantagefx also offers a great and very rewarding loyalty program where you can avail of 10% rebates on your trades up to $2 per lot traded when you deposit at least $1,000. With the broker and this program, there is no limit on the trade size at all. The higher the lot size you trade, the higher your bonus will be.


Different type of bonuses


When choosing your forex broker bonus, it is also important to keep in mind that there are many different bonus types available. Here is a more detailed look at exactly the kind of bonuses that are offered by brokers:


Forex deposit bonus: the forex deposit bonus is a certain amount of money offered as a bonus based on the amount which you deposit. In the case of many brokers, this can mean matching your deposit amount with an equal bonus amount.


Forex no deposit bonus: A forex no deposit bonus, as you might gather from the name, is a bonus which is offered to you with no deposit required. In most cases, you simply have to complete the registration process. This money is free and can be used in real trading at no risk to your own money.


Welcome forex bonus: the welcome bonus can be similar to a no deposit bonus. You will get a bonus money amount for completing registration, and in some cases based on the amount of your first deposit.


Loyalty program: A forex broker loyalty program, just like any other, is usually based on how much you use the service. In this case, the more you trade, the more you will be rewarded by such programs. These rewards could come in the form of lower trading costs, additional premium trade tools, physical prizes, access to live events and meetings, and much more.


Points system: the forex broker point systems can also be based on loyalty programs. With these systems, the more you trade, the more points you will earn. These points can then be used to access monetary prizes, cars, vacations, and more.


Cash back and rebates: cash back and rebate programs are also a very common form of bonus. Just as the name suggests, with this form of bonus, you can earn money back for each lot you trade.


Money protection bonus: this is not a very common form of forex broker bonus, though it exists, nonetheless. This kind of bonus from your broker actually protects your funds from reaching a certain negative level, and in some cases, anything beyond this negative point can be refunded.


Forex contest prize: there are a wide range of brokers who organize contests which you can participate in with virtual funds against other traders. If you win some of these contests through making the most profit from virtual funds, then you can win all kinds of great prizes including cash, cars, and more.


Why do brokers offer forex no-deposit bonuses and other bonuses?


There are several reasons why your broker may offer a no deposit, or other type of bonus. One of the primary reasons for this is to create value for you as a trader, and to attract new traders to the industry and that broker.


This method is accepted in many parts of the world, though not in europe. Within the EU, the offering of the majority of these kinds of bonuses is not allowed by the regulator. ESMA does this in a large part to protect beginners from getting involved in trading without the proper knowledge and ultimately losing their money.


Tips on how to choose a bonus and a broker


If you are thinking about choosing a forex broker, the bonus is just one element of this choice, and it should not be a large factor in your decision-making process. First and foremost, you have to choose a broker who is trustworthy, and well-regulated. Luckily all of the brokers on our listing are both of these things.


Once you have done this, then you can think about the bonus they are offering, but do not make your choice based on the broker bonus alone. You have to consider all of your trading needs. In this case, you may want to try out a broker first. This would be a great time to select a no deposit bonus broker so you can try out their real trading at no risk to you.



XM forex broker $30 no deposit bonus how to trade & withdraw?


XM global limited is one of the oldest broker with over 196 countries access to their financial services. XM is recognized by cyprus, EU, and australian securities commission firms for regulation formalities.


On december 01, 2020, the XM forex broker introduces a great promotional program for the newbie’s registrars not just they can test their system in real market order execution, they can also avail the opportunity of earning money by testing their trading skills in the real market experience. Let’s explore the specifications of this bonus program terms and conditions and how the users can be eligible to successfully avail the funds and trade so that they can withdraw the profit amount.


XM Deposit Bonus: policies and limitations, forex xm bonus.
Welcoming the last month of this year with “no deposit bonus”


XM broker forex $30 no-deposit bonus overview


The ongoing no-deposit bonus requires your attention to claim it if you are the newly introduced user of XM forex broker and want to test and trade the real market on the XM broker system setups. You have a total of 25 days in the month of december after the account registration and completing the mandatory steps which are mentioned below.


XM Deposit Bonus: policies and limitations, forex xm bonus.


XM forex broker $30 no-deposit bonus terms & conditions to withdraw profit amount


There are some important conditions to meet if you really want to take benefit from this no-deposit bonus opportunity. Here are the following terms and conditions settled by the XM global broker administration to combat the fraud and regulate the activity of the bonus program.



  • You must be a fresh user of XM broker at the time of bonus claim.

  • The IP address must be unique, having zero histories of XM broker account usage.

  • You must have to verify the account fully along with KYC verification to avail withdrawal opportunity.

  • You must have to trade 10 micro-lots of bonus amount so then you will able to withdraw your profited amount.

  • The bonus amount of $30 cannot withdrawable but you can withdraw the above amount of $30, whatever you profit made by trading your bonus amount.

  • When you withdraw your profit equivalent percentage of the bonus amount will also deduct from your bonus account i.E you made a $100 profit and withdraw $50 from your profit that is 50% so that percentage of 50% will deduct from the bonus amount which will be half of $30 and remaining bonus $15 you have remaining for trading.

  • The XM broker terms & conditions also identify that hedging will not allowable in this program.

  • Shares trading is not allowed or irrelevant to this bonus account.

  • The company reserve the rights whenever they want to change the policy of the bonus program by informing the users, as well as they, can nullify the eligibility of any user who notices as an activity violator of the system without their consent.



How to claim XM $30 no-deposit bonus



  • To claim the no-deposit bonus amount first of all you have to sign up for your account at XM broker member area click here to claim $30 bonus amount directly.

  • After successfully confirm your email and then move ahead and complete your ID verification process to gain the privilege of depositing and withdrawing quickly.

  • After completing the KYC process you can now able to claim your $30 bonus amount from the promotional tab or either through the claim button below given after the OTP verification.

  • Now you are able to trade your credited equity and make a profit out of it and make withdrawals.

  • Currently, XM is providing skrill, neteller, VISA, MASTER card, webmoney & local banks transfer payment channels after KYC verification


Thoughts on $30 bonus program


This opportunity is especially seemingly for those who want to avail this to trade in the real market with the real equity to get monetary benefit out of it. This program will end on until 31st of december 2020 so it’s great to offer for the XM new users who are ready to avail of it before the new year beginning. You can trade it properly with money management to avoid any chance of losing equity and chance of getting profitable withdrawal out of it. Suggestively on the equity of $30, 1 micro lot is only sufficient to trade on per definite major entry of great probabilities.



ALL YOU NEED TO KNOW ABOUT XM 30$ BONUS


XM is one of the best forex brokers in the world and now they even offer an XM 30$ bonus for all new clients. Can you believe that? Now, you may be wondering how come XM gives you this promotion or what their conditions are. This article today will answer all your questions so that you can really understand this trading bonus.


What type of bonus is XM 30$ bonus?


Normally, there are three types of forex bonuses. They are welcome bonus, deposit bonus, and lot back bonus.


Welcome bonus, just like its name, is a bonus brokers give traders as a “thank you” for their registration at them. Traders usually use this bonus as a means to test the broker to see if they want to work for long term with this broker.


Deposit bonus is a sum of money offered to traders when they first make a deposit. The amount of this bonus is decided based on the total deposit the traders make. This is a way to encourage traders to deposit more in the first time.


Finally, lot back bonus is like a loyalty program. The procedure can be put simply as when you finish one trade, a rebate will be given to your account automatically from the broker. The more you trade, the more you get rebated. This bonus program encourages traders to trade more with that broker.


The XM 30$ bonus is a welcome bonus. Whenever there is a new client on the platform, XM will reward this new register with $30 for trading. This bonus is for first time sign-up only. Welcome bonus is actually very good for forex beginners. You’re new to forex, so you’re advised to not deposit too much at first, because more than 90% of new traders lose everything at the beginning. So with this extra $30, you have more than enough money to try trading forex. You can check the execution quality, the platform, the speed, spread and commission, the slippages, swaps, or requotes of XM without losing any of your own money. What a good deal for a beginner.


A quick notice: you must claim this bonus in 30 days since you open an account or the bonus will be unavailable.


Conditions for withdrawal


When you finish making money with this XM 30$ bonus, you will want to withdraw your profit, right? This is when the tricky part appears. Just like all other types of bonus and broker, the withdrawal conditions of this bonus is quite complicated. I will try to make it the most simple as possible.


The profit you make from this bonus can be withdrawn anytime. However, everytime you withdraw your funds, the amount of this bonus will be reduced 40%. Also, you have to withdraw at least 40% of your funds. For example, you make $200 from this XM 30$ bonus. Therefore, when you withdraw, you have to take at least $80 (40% of $200). Then, the amount of the bonus will be reduced $12 (40% of $30). So you have withdrawn, for instance, $80, and you have a total of $138 left in your account ($120 profit + $18 bonus).


How to get this XM 30$ bonus


You can easily acquire this bonus simply by following these steps:



  1. Open a real account at XM.

  2. Log in to your member area.

  3. Validate your account.

  4. There will be a button saying “claim your bonus” on the screen.

  5. Complete the SMS verification by following the instructions there.



Now what are you waiting for? Claim your XM 30$ bonus here.


Why should you get this bonus?


$30 is not much for trading. However, when you convert it to pip, it's 0.3 pip. So when you look at it the other way, this bonus is a great way to reduce your trading cost when you trade with XM. The normal XM spread is about 1 to 1.2 pips. With the 0.3-pip discount, you have cut your trading cost down to 0.7 - 0.9 pip, which is among the lowest spread in the market. So you can see that this bonus is not meant for trading. It is for cost reduction.


Other XM bonus programs


Right now, XM is having very good bonus programs that are super beneficial to traders:



  • XM 15% welcome bonus: this is a welcome bonus program that reward you 15% of your first deposit. The maximum amount you can get rewarded is up to $500. More details here.

  • XM loyalty program: as you trade, you will earn XM points which can be redeemed at any time for credit bonus rewards in the members area. In the members area you can also monitor your balance of XMP at any time, including the equivalent value of your XM points as credit bonus. The bonus adds funds to your trading account but it is intended for trading purposes only. The amount of bonus is a third of your total XM points. More details here.



Those 2 programs are just as good as the XM 30$ bonus program. You can obviously see that trading at XM can be very cheap thanks to all those bonus programs.


Mario draghi


Hey, I’m mario draghi. I’m a writer currently resided in thailand. For my forex experience, I have been working with brokers and trading for 5 years. Hope that you'll enjoy my articles about all forex-related matters.


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Top 10 best forex brokers with bonus and promotions for 2021


Top rated:






forex-broker-bonus-promotions


Are you on the lookout for the best forex brokers with bonus and promotions to offer?


They can be tricky to find, but if the answer is yes, then you are certainly in the correct place. Here we will give you all of the information you need, not only on the top recommended brokers if you are looking for a bonus, but also what these promotions mean, and how they can best work to your benefit as a trader.


With that in mind, let’s take a closer look at the best brokers we have found that can offer bonus and promotions to you as a trader.


Are these bonuses really free money?


Although it may be hard to believe at first, it is true. The bonuses really are free money that is sent to your account by the broker. Now what is often asked is, can I withdraw these bonus funds?


Generally, the answer is yes with most top brokers. Their policy will vary though and in many cases, there are certain trading criteria that you must meet in order to withdraw the bonus funds from your account.


What should I check when choosing a bonus?


There are a couple of very important steps that you must run through when checking the bonus that you should choose, and the broker who is providing that bonus.


First off, it is vital that you read the terms and conditions carefully, so you know exactly what is on offer. Added to that, it is important to consider the whole offering of a broker. This means not only the bonus amounts, but what else they have to offer such as spreads, minimum deposits, and more.


Please note that the following bonuses may not be available in every country, and that brokers are not allowed to offer these to customers based in the EU or UK due to local regulatory restrictions. Read T&C before applying to a bonus.


Top 9 forex brokers with bonus and promotions


Here are the top 9 forex broker bonus and promotion offers we have found available:



1. FBS


FBS is the first broker to make our listing for having some of the top promotions and bonus offers in the industry. They are well-known as being a very respected broker around the world, and they have a huge amount of bonuses on offer.


At FBS you can win a wide range of prizes from holidays to new cars, and you can also double your deposit with the great FBS 100% deposit bonus they have in place. An FBS no deposit bonus is also available at no-risk at all to your funds as well as a cashback bonus if certain conditions are met. The FBS bonus offering continues to grow and expand with many contests and challenges also available where you can win cash, trips, and VIP event invites. They also run contests directly on social media like facebook where all you need to do is share posts with your friends. These are just some of the reasons why FBS is a top bonus broker for all traders.



XM is another top international broker, and one of the most easily recognizable in the industry. They too offer a strong range of bonuses and promotions. These start with an excellent $30 no deposit bonus which you can use for completely risk-free, real money trading.


Beyond this you will also find a deposit bonus of up to $4500 which means your deposit will be matched by the broker with free money up to this high value. Aside from those regular types of bonus offerings, XM also runs a lucky draw which has a huge total value of $1,000,000. As a regular trader with the broker you can also join their loyalty program which is points based. You can redeem these points through your trading actions to obtain a wide range of great benefits with the broker.


Please note that these bonuses may not be available with every XM entity



3. Instaforex


Instaforex is the next broker to make the top list of brokers providing bonuses and promotions. They too are very well-trusted by a broad range of traders across the industry. They start their bonus offering with one of the very best no deposit bonus offers in the sector. This is the instaforex $1,000 no deposit bonus.


Further to this monster bonus offer, the broker also provides a deposit bonus of 30% so you can always receive an additional 30% on top of your initial deposit as risk-free bonus funds to trade with the broker. Added to this, instaforex makes a huge range of contests and challenges available where you only need to have a demo account to participate and win. Here you can win a great range of physical prizes including cars, money, and much more.



4. Fxopen


The next broker on the list offering top promotions and bonuses is fxopen. They kick their bonus offering off with a $10 no deposit bonus. This is great if you are new to trading and looking to try out the broker with no risk at all to your own money.


Another great offer for beginners is the $1 welcome bonus on micro accounts. This makes sure you are covered to trade with free money, even at lower risk levels. Like many of the other brokers they also provide access to a large number of trading contests with a unique prize attached. This prize is that if you reach a certain benchmark of profit in the contest with virtual funds, they will then turn 10% of these funds into real money for you to trade with. A very attractive bonus proposition indeed from this popular broker.



5. Roboforex


Roboforex are in on the act too as another respected top broker offering bonuses and promotions to their traders. The excellent bonus infrastructure here starts with a deposit bonus that can be either 10%, 60%, or a huge 120% depending on how much you are depositing.


The offers do not stop there with roboforex either. Just for joining the broker, you will be entitled to a $30 welcome bonus. This can be used for completely risk-free trading on the markets of your choice. You will also be entered into weekly and monthly contests which are free to enter but where you can win real prizes on both demo, and live accounts. Regular traders are not forgotten either with cash rebates stretching up to 15% based on how much you trade.



6. Hotforex


Hotforex are one of the cornerstones of the industry and regularly feature as a top broker in many listings. They too have a very strong bonus infrastructure though it may not be available in every country the same. This is particularly true in europe.


Outside of that though, their offer is strong. They provide a number of unique bonuses the first of which is a 100% credit bonus. This acts to double your deposit with completely free bonus funds. They also offer a very unique 30% rescue bonus. This bonus protects your funds from drawdowns up to $7,000. The 100% supercharged bonus is one of their most popular though. This provides for a huge amount in cash rebates that can reach up to $8,000, on top of a 100% deposit bonus. All of these great offerings maintain hotforex as a very popular bonus broker of choice.


Please note that these bonuses may not be available with every XM entity



7. Octafx


Octafx is another popular, and rapidly growing name in the sector. They are not stepping back when it comes to offering a bonus either. If you are trading with this broker, the first thing you may want to try out are some of the demo account contests.


These great contests come with prizes of up to $500 real cash if you are trading through metatrader, and $150 if you are using ctrader. If these pique your interest, then you can decide to deposit for real, and benefit more from a 50% deposit bonus which is on offer. On top of this, there are many other prizes including merchandise to be won from a broker who is strong, trusted, and growing all the time.



8. FXTM


FXTM is one of the biggest names in the industry. They have also not forgotten a strong bonus infrastructure, and for this reason, they too feature on our list of the best brokers for bonus offers and promotions.


At the core of the FXTM bonus offering is their excellent loyalty program. Here, the more you trade, the more you can get paid. At the maximum level you have the ability to earn as much as $10,000 from the program. Also offered by the broker are a great range of both demo and live trading contests where you can compete against your fellow traders to win top prizes.



9. Vantage FX


Vantagefx is next in our selection of the best forex brokers who offer a good range of bonus systems. Here you will be able to take advantage of a 50% deposit bonus that will allow you to trade risk-free with bonus cash from the broker based on how much you deposit.


Vantagefx also offers a great and very rewarding loyalty program where you can avail of 10% rebates on your trades up to $2 per lot traded when you deposit at least $1,000. With the broker and this program, there is no limit on the trade size at all. The higher the lot size you trade, the higher your bonus will be.


Different type of bonuses


When choosing your forex broker bonus, it is also important to keep in mind that there are many different bonus types available. Here is a more detailed look at exactly the kind of bonuses that are offered by brokers:


Forex deposit bonus: the forex deposit bonus is a certain amount of money offered as a bonus based on the amount which you deposit. In the case of many brokers, this can mean matching your deposit amount with an equal bonus amount.


Forex no deposit bonus: A forex no deposit bonus, as you might gather from the name, is a bonus which is offered to you with no deposit required. In most cases, you simply have to complete the registration process. This money is free and can be used in real trading at no risk to your own money.


Welcome forex bonus: the welcome bonus can be similar to a no deposit bonus. You will get a bonus money amount for completing registration, and in some cases based on the amount of your first deposit.


Loyalty program: A forex broker loyalty program, just like any other, is usually based on how much you use the service. In this case, the more you trade, the more you will be rewarded by such programs. These rewards could come in the form of lower trading costs, additional premium trade tools, physical prizes, access to live events and meetings, and much more.


Points system: the forex broker point systems can also be based on loyalty programs. With these systems, the more you trade, the more points you will earn. These points can then be used to access monetary prizes, cars, vacations, and more.


Cash back and rebates: cash back and rebate programs are also a very common form of bonus. Just as the name suggests, with this form of bonus, you can earn money back for each lot you trade.


Money protection bonus: this is not a very common form of forex broker bonus, though it exists, nonetheless. This kind of bonus from your broker actually protects your funds from reaching a certain negative level, and in some cases, anything beyond this negative point can be refunded.


Forex contest prize: there are a wide range of brokers who organize contests which you can participate in with virtual funds against other traders. If you win some of these contests through making the most profit from virtual funds, then you can win all kinds of great prizes including cash, cars, and more.


Why do brokers offer forex no-deposit bonuses and other bonuses?


There are several reasons why your broker may offer a no deposit, or other type of bonus. One of the primary reasons for this is to create value for you as a trader, and to attract new traders to the industry and that broker.


This method is accepted in many parts of the world, though not in europe. Within the EU, the offering of the majority of these kinds of bonuses is not allowed by the regulator. ESMA does this in a large part to protect beginners from getting involved in trading without the proper knowledge and ultimately losing their money.


Tips on how to choose a bonus and a broker


If you are thinking about choosing a forex broker, the bonus is just one element of this choice, and it should not be a large factor in your decision-making process. First and foremost, you have to choose a broker who is trustworthy, and well-regulated. Luckily all of the brokers on our listing are both of these things.


Once you have done this, then you can think about the bonus they are offering, but do not make your choice based on the broker bonus alone. You have to consider all of your trading needs. In this case, you may want to try out a broker first. This would be a great time to select a no deposit bonus broker so you can try out their real trading at no risk to you.





So, let's see, what we have: want to know the real conditions of XM deposit bonus? Check out the requirements for XM bonus deposit and find out the withdrawal process policies. At forex xm bonus

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