Xm no deposit bonus

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No deposit forex bonuses

Trade Forex and CFDs on Stock Indices, Oil and Gold, xm no deposit bonus.

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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

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.

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.

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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.

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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.

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XM no deposit bonus

Platform

Min. Volume

Action

Forex trading is one of the most multifaceted and complex forms of financial activity in the world. It involves analyzing a bunch of asset price movements, economic and political developments, volatility channels, and whatnot. In short, you have to be constantly aware of various market forces to never miss the chance.

One of the ways the brokers try to make this complexity a bit more bearable is by offering different bonus promotions. Whether it’s deposit bonuses, refer-a-friend bonuses, or no deposit bonuses, the main goal with these promotions is to help you take your trading game to the next level.

With that being said, however, you need to make sure that you’re getting the service from the most trustworthy broker possible. Otherwise, its bonus will be yet another lure that attracts you and leads you to your eventual demise.

XM forex broker has already proven that it is one of the best choices for a south african trader. Besides that, they are one of the only brokers that offer a no deposit bonus for their customers. The brokerage offers trading on the popular metatrader 4 and metatrader 5 platforms with their free XM no deposit bonus of 30 USD (420 ZAR). The beauty of the offers is the fact that you do not have to deposit anything. What this means is that as soon as you sign up you are immediately eligible for that 420 ZAR. This is one of the best ways to start off in forex trading as it lets you taste the market, without having to pay your own money.

In the following review of XM no deposit bonus, our team of expert reviewers at topforexbrokers will help you understand what makes this bonus so unique, as well as trustworthy.

XM no deposit bonus review

The registration for the bonus is very easy. The only thing you will need to indicate is your email and phone number. The number will not be used for those pesky telemarketing campaigns, and will only serve as a confirmation method when utilizing the broker’s feature. The XM no deposit bonus is very fast to be credited. The moment you apply for it the process begins and could last 24 hours tops, however it usually takes no more than 30 minutes. After those 30 minutes, you will get your XM bonus account and will be ready to start trading without hassle.

To give you a more detailed description of the registration process for XM no deposit bonus, here’s the list of steps you need to take:

Open a live trading account at XM – before anything else, you need a live account to be eligible for the no deposit bonus at XM. And as our XM no deposit bonus review shows, it literally takes just a couple of minutes to set up that account with this broker. You need to provide your basic details, such as your full name, date and place of birth, residence address, and employment details for the KYC procedure. After that, you need to verify that information by uploading your national ID/passport/driver’s license and bank statement/utility bill. Once that’s done too, you can go ahead and apply for the no deposit bonus itself.

After you create your very-first account at XM, you need to head over to the member’s area where you need to opt for the no deposit bonus offered by XM.

Then you need to verify your claim. You can do this either by the SMS or voice verification. And once that’s done too, you’re pretty much good to go; your $30 XM no deposit bonus is ready to be used in your forex trading endeavors.

XM trading platforms

Although there is software that is superior to the MT4 and MT5, we still believe that these two are some of the best available ones still. Sure they may be a bit outdated but they get the job done, and there is not too much you can improve a trading software with. The simple design of the software that XM forex broker uses is definitely a very big plus to the whole experience.

The best thing about the whole ordeal is that XM understands the hectic lifestyle of today’s society, therefore they also offer an option to trade on your smartphone.

XM no deposit bonus withdrawals

The fact is that the same policy is applied to the XM no deposit withdrawals as to their regular accounts. As our review of XM no deposit bonus shows, there are no related fees, everything you make is pure profit and can be withdrawn. However, there is one setback, which is pretty much the industry standard. You cannot withdraw the bonus or the profits until you reach a certain amount of trades. For example, the broker may require that for the $30 bonus you would have to make at least $5,000 ( 70,000 ZAR) trades. This is no setback, however, as over time, you will learn enough and use the leverage, by which point reaching that mark will not be hard at all.

XM no deposit bonus guide

As already mentioned the XM bonus is quite easy to get. Over 1.5 million of its users have the opportunity to utilize it, this should already give you an idea about the size of this brokerage. Now with all of the reassurance about the forex broker, let’s dive into the detailed guide on how to get the bonus.

Go to the XM website, choose south africa and then click on the green button that says “open an account”;

Fill out all of the personal information, no need to worry, all of that info will be safely encrypted and stored;

Choose which software you would like to use, it can only be either MT4 or MT5;

Choose an account type, you can find more detailed info about the accounts in our XM review;

Confirm all of your emails, log-in your account and apply for the bonus after filling in the payment methods, this is where all of your profits will go;

Wait for 30 minutes to an hour and your bonus will be transferred;

Start trading;

As you can see from our XM no deposit bonus review, this process is extremely simplified, therefore there are no complications with it. The XM no deposit bonus is probably one of the easiest to get out of all the brokers so far.

So you don’t deposit anything?

That’s right! You have already noticed that there was no segment dedicated as to how you deposit. Well, you don’t have to, it’s indicated in the name, XM no deposit bonus. You may think that this is a terrible business model, but in all honesty, this bonus is what got most of the customers to remain or even find XM. There are also other types of bonuses to go around, such as the XM loyalty deposit bonus and the XM deposit bonus, but that is a story for another day.

The reality is that the funds that are given to you when you register, is solely covered by the company. The only thing you need to know is that you cannot withdraw that 420 ZAR, you will have to wait until you have made at least some kind of profits before you are eligible.

Naturally, making your millions with just 420 ZAR is going to be hard, so don’t expect too much very quickly. All I can suggest is that you keep at it, work your way up and if need be, boost your portfolio with a deposit once you get acquainted with the platform.

It’s also important to note that XM is fully regulated in south africa, so no matter what your funds will be protected by the FSCA. So what’s holding you back? The free XM bonus may not be here forever.

XM no deposit bonus

Platform

Min. Volume

Action

In the following review of XM no deposit bonus, our team of expert reviewers at topforexbrokers will help you understand what makes this bonus so unique, as well as trustworthy.

XM no deposit bonus review

To give you a more detailed description of the registration process for XM no deposit bonus, here’s the list of steps you need to take:

Open a live trading account at XM – before anything else, you need a live account to be eligible for the no deposit bonus at XM. And as our XM no deposit bonus review shows, it literally takes just a couple of minutes to set up that account with this broker. You need to provide your basic details, such as your full name, date and place of birth, residence address, and employment details for the KYC procedure. After that, you need to verify that information by uploading your national ID/passport/driver’s license and bank statement/utility bill. Once that’s done too, you can go ahead and apply for the no deposit bonus itself.

After you create your very-first account at XM, you need to head over to the member’s area where you need to opt for the no deposit bonus offered by XM.

Then you need to verify your claim. You can do this either by the SMS or voice verification. And once that’s done too, you’re pretty much good to go; your $30 XM no deposit bonus is ready to be used in your forex trading endeavors.

XM trading platforms

The best thing about the whole ordeal is that XM understands the hectic lifestyle of today’s society, therefore they also offer an option to trade on your smartphone.

XM no deposit bonus withdrawals

XM no deposit bonus guide

Go to the XM website, choose south africa and then click on the green button that says “open an account”;

Fill out all of the personal information, no need to worry, all of that info will be safely encrypted and stored;

Choose which software you would like to use, it can only be either MT4 or MT5;

Choose an account type, you can find more detailed info about the accounts in our XM review;

Confirm all of your emails, log-in your account and apply for the bonus after filling in the payment methods, this is where all of your profits will go;

Wait for 30 minutes to an hour and your bonus will be transferred;

Start trading;

So you don’t deposit anything?

Question: can I withdraw profit made by XM's $30 no-deposit bonus?

XM - what's now?

Leverage 1:888 does not apply to client registered under the EU regulated entity of the group. The maximum leverage for trading point of financial instruments is 30:1.

Yes, you can withdraw all the profits made on the $30 bonus.

But you cannot withdraw the bonus amount itself (which is the $30).

To withdraw the profit, you must “trade 5 standard lots” within the bonus account.

With XM’s $30 bonus, you can

Trade risk free

Withdraw profits

Benefit from negative balance protection

$30 no deposit bonus isn’t the only promotion XM is running.

For the latest bonus promotion, please visit the page below.

Post tags

#campaigns

#cfds

#conditions

#forex

#NBP

#non-deposit bonus

#profit

#promotions

#restrictions

#risk free

#trading

#withdrawal

#xmtrading

See the trading condition of this mega FX broker.

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Who is hercules.Finance?

Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.

Risk warning

Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

XM review: great for no deposit bonus offer

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

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’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.

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

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

PROS

CONS

– 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.

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.

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 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.

XM no deposit

Want to check what XM forex broker offers before making real money deposit with it? XM free bonus 30 USD is perfect tool for testing broker’s possibilities with no deposit! Should you try it? It is unclear, since there are better deals in the market. Here are few main advantages of XM no deposit bonus:

This bonus will not even require any documents from you! So read XM free bonus 30 USD review or get cash now!

Why would you want free XM bonus 30 USD? From the point of view of the professional traders it is always better to check all trading possibilities e.G. Commissions and execution time, before you give your money to this broker. This is why, getting XM no deposit bonus before you start trading with it, is awesome idea. Who knows, maybe your free trading would be so advanced that you make enough profits, to stay without any deposits. But we have to mention that XM forex broker is questionable and we would not advise you to deposit any money with it afterwards.

Getting this free forex cash is not difficult, and best bonus forex recons that it is actually more simple than making real 30 USD on your job or somewhere else. You should just register via link that is provided below and give your real cellphone number to XM forex broker. They will verify it via SMS and that would be actually it. Free money are supposed to come to you right away, if broker does not decides to cancel your bonus.

Lucky enough to get your bonus and are ready to take profits from the XM, hoping that it will not reject your request? In order to do so, you will have to fulfill few conditions.

First of all, trading volume that you have made should be at least 0.5 lots. This is not actually difficult, especially with 1:888 leverage. But remember, any trade below 0.01 lot will not be counted.

Secondly, there is a limit on your first withdrawal with XM no deposit bonus. You have to cash out at least 60 USD. Which is basically doubling up your starting money, shouldn’t be a problem, huh?

As a nice addition that should make your cash out even easier, there is no specified expiration date of your free XM cash. So, even if you trade really slowly, at some point you will be able to get required amount and get your forex profits if XM forex broker allows you to.

But be aware, that XM no deposit bonus conditions allow it to reject your withdrawal without any reason.

XM free bonus 30 USD is provided by forex broker with questionable conditions and reputation. We do not recommend you to take it.

Every deal has positive and negative sides. So what are pros and cons of the XM free bonus 30 USD? Read them below.

Bright side of the bonus

Web trader and MT4 platforms

No expiration date

Small required trading volume

Questionable broker

Better conditions of other deals

Not available for mobile trading

Getting XM no deposit bonus is really easy. You can click on any of the buttons above, or use links in this guide in order to start your free forex trading now!

Step 1

So, if you are at the website of XM forex broker, just click green button and start registration process.

Alternatively, you can click over here and you will end up right at the beginning of the registration process.

Step 2

The button will take you to the real account registration form, which looks like this.

Do not be afraid, you will not have to deposit any money, XM free bonus 30 USD will be there for you. Provide your real data together with your phone number, since it will be verified. Then press “proceed to step 2” button.

Step 3

Choose your account type, amount of the investments and preferred leverage. Caution, you will have to give information about your investment experience and business that you are involved to. This is a standard set of questions, so do not be afraid!

Step 4

Boom! You have created an account at XM forex broker! All what is left for you to do – find data for your login details in your inbox and login into members area. Free XM cash is hopefully there!

Step 5

After you will get into members area, you will have to type in verification code that has been send as an SMS to your phone. Keep it up, you are almost there.

Final step

So, this is it! Now you should get your free forex cash from XM! They do ask for 24 hours waiting time, but in reality it takes around 30 minutes to see money on your account balance. Do not be surprised, if you do not see them as a deposit money on your account, they are in another field of your balance sheet. They will be transferred to the deposit money when you clear them up, so in 0.5 lots of trading volume. Also, do remember that if broker decides, it can easily exclude you from promotion.

We have tested this promotion several times. As a matter of fact, we did receive promotional offers from the broker via SMS and calls. Honestly speaking, right after finishing registration process, author’s cellphone called and it was his new account manager from the XM. More to that, account manager always sends you promotional deals to your email, so be prepared to find plenty of them.

This bonus seems like a fair deal for starters or free cash seekers. Conditions of XM free bonus 30 USD are pretty loyal and there is no hurry in terms of bonus clearance involved. Furthermore, you will be able to use your XM no deposit bonus on metatrader 4 for windows as well as mac OS X, or to make your trades in web browser without any downloads needed. But do remember that this broker is questionable and it has been caught on some questionable rejects and annoying calls to clients. You can claim your bonus here.

XM no deposit bonus

Platform

Min. Volume

Action

In the following review of XM no deposit bonus, our team of expert reviewers at topforexbrokers will help you understand what makes this bonus so unique, as well as trustworthy.

XM no deposit bonus review

To give you a more detailed description of the registration process for XM no deposit bonus, here’s the list of steps you need to take:

Open a live trading account at XM – before anything else, you need a live account to be eligible for the no deposit bonus at XM. And as our XM no deposit bonus review shows, it literally takes just a couple of minutes to set up that account with this broker. You need to provide your basic details, such as your full name, date and place of birth, residence address, and employment details for the KYC procedure. After that, you need to verify that information by uploading your national ID/passport/driver’s license and bank statement/utility bill. Once that’s done too, you can go ahead and apply for the no deposit bonus itself.

After you create your very-first account at XM, you need to head over to the member’s area where you need to opt for the no deposit bonus offered by XM.

Then you need to verify your claim. You can do this either by the SMS or voice verification. And once that’s done too, you’re pretty much good to go; your $30 XM no deposit bonus is ready to be used in your forex trading endeavors.

XM trading platforms

The best thing about the whole ordeal is that XM understands the hectic lifestyle of today’s society, therefore they also offer an option to trade on your smartphone.

XM no deposit bonus withdrawals

XM no deposit bonus guide

Go to the XM website, choose south africa and then click on the green button that says “open an account”;

Fill out all of the personal information, no need to worry, all of that info will be safely encrypted and stored;

Choose which software you would like to use, it can only be either MT4 or MT5;

Choose an account type, you can find more detailed info about the accounts in our XM review;

Confirm all of your emails, log-in your account and apply for the bonus after filling in the payment methods, this is where all of your profits will go;

Wait for 30 minutes to an hour and your bonus will be transferred;

Start trading;

So you don’t deposit anything?

No deposit bonus forex 2021

Forex no deposit bonus is offered to you free of charge. You will pay absolutely nothing to the broker, and instead, the broker would pay you a certain sum to trade risk-free forex in a real account. All you need to do to access a no deposit bonus is to register at a broker's website for a personal cabinet, verify your account (providing the required documents), and then download their trading platform to trade with the free bonus. That is how forex brokers make you one of their potential clients. Forex brokers use no deposit bonuses to attract new clients, especially if they are new brokers, to increase their clientele as rapidly as possible which is why they offer such free bonuses.

Now, there you are with a free forex no deposit bonus. For those who are new to the world of forex, a free no deposit bonus looks very attractive! Fortunately, there are a number of forex brokers, established in the past decade or more recently, which offer forex no deposit bonuses!

Can I make money with a free forex bonus?

Forex free bonuses are usually offered in small amounts such as $10, $25, $50 or $100. You can trade with them, turn them into profit and ultimately withdraw the money you've earned. However, you need trading strategies to pull it off, in other words, you should be experienced in trading forex, and if all goes as planned, you can reap the benefits which at times is quite considerable. A lot of people have successfully turned such bonuses into large profits, who's to say that you can't be one of them?

So before you get carried away with free bonuses, you should prepare yourself thoroughly! Be aware that you need to focus on your trading strategy, and weigh your trading decisions from different perspectives! Although it's still difficult to make money using a no deposit bonus, with a little bit of trading management you can do it.

What are the terms and conditions for free forex bonuses?

Different brokers demand a different set of conditions for offering free bonuses. Some brokers make gaining profit and withdrawing it a tad harder; for example, they may ask you to trade a certain number of lots to be eligible for withdrawing the bonus or its profits.

Other brokers may charge a substantial sum for the first or any subsequent withdrawal requests. Some may allow you to withdraw only once during the bonus period. These conditions among other requirements should be studied at length to avoid any misunderstanding or unrealistic expectations.

What is the best type of forex no deposit bonus?

The following factors should be considered to determine the quality of a forex no deposit bonus:

The amount of bonus should be over 20$, so you can trade easily. Otherwise, it would be very hard to gain any real profit, and even if you do, it will take you a long while.

Having access to higher leverage enables you to trade bigger and more profitable using a small deposit. However, leverages, offered on bonus accounts, are normally in the range of 1:100 or 1:200. Some brokers offer leverage up to 1:500 which is rare but good.

Trading terms and conditions must be reasonable and not very restrictive; the fewer limitations you have for trading, the better your chances are for gaining profits.

The brokers that offer the bonuses must be trustworthy and reputable. It goes without saying that a well-regulated forex broker offers a much more reliable no deposit bonus and would pay even more withdrawable profits to its clients!

Is it worth to try no deposit forex bonuses?

If you are a beginner, it is advisable that you start your trading experience with a forex no deposit bonus. Forex is a very complicated and serious business which requires a certain level of experience. If you are new to the FX market, using a forex no deposit bonus can help you make some free money and gain some insight on how the market works.

When you learn your way around the FX market and can afford to trade on your own, you don't need free bonuses anymore. You'd be able to trade and make a lot of profit by trading live. Additionally, there are brokers that offer forex promotions to live traders as well, which can be used to multiply the profits.

So, let's see, what we have: open an XM real account now and start trading with a trading bonus to test the XM no rejections and no re-quotes without any risk. This is a limited time offer. At xm no deposit bonus