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  1. Home
  2. What is XM Forex Broker? Features, Accounts & Conditions
  3. XM Bonus Guide: $30 Free, Deposit Bonus & Traders Club

XM Bonus Guide: $30 Free, Deposit Bonus & Traders Club

XM Logo - Forex Broker

XM Bonus Promotions – A Complete Guide
Free $30 Trading Bonus, Deposit Bonus Up to $10,500, and the XM Traders Club Loyalty Programme

Bonus availability varies by region — always confirm current terms on XM’s official website.

XM currently offers three core bonus programmes: the “$30 Trading Bonus” for new registrants, the “Deposit Bonus” worth up to $10,500 based on your deposit amount, and the “XM Traders Club” where you earn XMC (XM Coins) redeemable for bonuses based on your trading volume — all available on an ongoing basis.

This article provides an in-depth look at XM’s latest bonus promotions, complete with step-by-step guides on how to claim each bonus and tips for maximising their value. We also share smart bonus management strategies to help boost your trading potential and give you a stronger edge in the Forex market.

01
$30 Trading Bonus
30USD
A free $30 bonus available to all new XM registrants. Start trading with no deposit required and no risk to your own capital.
About the $30 Trading Bonus
02
Deposit Bonus
up to100%
Receive a 100% bonus up to $500, 50% up to $2,000, and 20% up to $8,000 on your deposits.
About the Deposit Bonus
03
XM Traders Club
1XMC=1USD
Earn XMC redeemable as bonus credit every time you trade. Receive over $10 worth of XMC per lot traded.
About the XM Traders Club
Copy Pro Traders’ Strategies Over 150,000 trades executed daily
Over 100,000 traders have already joined
XM Copy Trading

Mirror the trades of experienced traders. Choose from over 9,000 strategies.

Start Copy Trading →
XM Copy Trading dashboard showing strategy selection and performance metrics
Check XM’s Latest Promotions

Step-by-step XM account registration guide

Contents

Contents

  1. XM $30 Trading Bonus
    1. $30 Trading Bonus Overview
    2. How to Claim the $30 Trading Bonus
  2. XM Deposit Bonus
    1. XM Deposit Bonus Overview
    2. How to Claim the Deposit Bonus
  3. XM Traders Club (XM Coins)
    1. XMC Earnings Table by Instrument and Status Tier
    2. XM Traders Club Programme Overview
    3. How to Use the XM Traders Club
  4. Withdrawing Bonuses and Transferring Funds Between XM Accounts
    1. When Withdrawing Funds from a Bonus-Holding Account
    2. When Transferring Funds from a Bonus-Holding Account to Another Account
  5. How to Check Your XM Bonus Balance
    1. How to Check Your Bonus Balance on MT4/MT5
    2. How to Check Your Bonus Balance in the XM Members Area
    3. How to Check Your Bonus Balance on the XM App
  6. How to Maximise the Value of Your XM Bonuses
    1. How to Maximise the $30 Trading Bonus
    2. How to Maximise the Deposit Bonus
    3. How to Use XMC (XM Coin) Effectively
  7. Why Your XM Bonus May Disappear
    1. Bonus Forfeiture Due to 90 Days of Account Inactivity
    2. Violations of Terms and Conditions and Prohibited Trading Practices
    3. Bonus Forfeiture Upon Withdrawal
    4. Bonus Forfeiture When Transferring to an Ineligible Account
  8. Key Considerations for Using XM Bonuses Effectively
    1. Promotion Eligibility by Account Type
    2. XM Bonuses Are Exempt from Tax When Filing a Tax Return
    3. Bonuses Are Included in the Leverage Restriction Calculation
  9. Frequently Asked Questions About XM Bonuses (Q&A)

XM $30 Trading Bonus

01 Exclusively for New XM Registrants
$30 Trading Bonus
(Limited Time Offer)
Receive a $30 trading bonus
Available to all new XM registrants
Trade without depositing your own funds
Withdraw all profits you earn
Free Trading Capital
Get $30 USD Free

XM offers an exclusive welcome promotion — the “$30 Trading Bonus” — available instantly upon registration with no deposit required. It’s the perfect opportunity to experience live market conditions on XM’s full-featured platform without putting your own capital at risk. Signing up is quick and straightforward: simply register online and complete identity verification. You can be ready to trade with your bonus funds on the very same day. This is the ideal starting point for anyone looking to explore Forex trading with a world-class broker — at zero cost to yourself.

$30 Trading Bonus Overview

The $30 Trading Bonus is an initial credit granted by XM to all new members to use as trading capital. This exclusive benefit lets you start trading immediately with no deposit. While the bonus credit itself cannot be withdrawn as cash, the key advantage is that all profits generated from trading with the bonus can be withdrawn — subject to the applicable terms and conditions. This represents a genuine opportunity to grow your account from scratch.

Bonus Amount 30 USD
Account Types All account types
Claim Period 30 days
Eligibility Conditions ▶ Register as an XM member
▶ Complete identity verification (KYC)
How to Receive Claim the bonus via the Members Area once identity verification is complete
Tips for Getting the Most from the $30 Trading Bonus

The greatest advantage of the $30 Trading Bonus is the ability to start trading without using any of your own funds. We recommend beginning without making a deposit and trading exclusively with the bonus. If you combine your own capital with the bonus, any losses will be deducted from your personal funds first. Trading with the bonus alone is therefore the most risk-efficient approach.

How to Claim the $30 Trading Bonus

Claiming the XM $30 free trading bonus is quick and simple. Just register as a member and submit your identity verification documents. Once your account has been approved and fully activated, you can request the $30 bonus directly from the Members Area. If you wish to open additional accounts to separate trading strategies, you may also select which account receives the bonus. Be sure to claim your bonus within 30 days of your initial XM registration.

Register as an XM member
STEP 1
Register
Complete registration by signing up with your email address and verifying it.
Register from your computer, smartphone, or the XM app. Simply enter your email in the registration form and confirm via the verification email to complete sign-up.
Submit identity verification documents to XM
STEP 2
Verify Your Identity
Complete your profile and submit your identity documents online.
Upload your verification documents and complete the review process. Once approved, your account will be fully activated.
Claim your $30 bonus in the XM Members Area
STEP 3
Claim Your Bonus
Claim the $30 Trading Bonus from the XM Members Area.
Log in to the XM Members Area from your computer, smartphone, or the XM app and request your $30 Trading Bonus.
Install MT4/MT5 and start trading with XM
STEP 4
Start Trading
Install MT4/MT5 and begin trading.
Download and install the trading platform (MT4/MT5) — available on desktop, smartphone, and app — and you’re ready to start trading immediately.

You must claim the $30 Trading Bonus within 30 days of registering with XM.

You may receive a phone call for identity verification after requesting the $30 Trading Bonus.

Registering with XM and claiming the $30 Trading Bonus can be done easily via the XM App.

Claim Your Free $30 Trading Bonus Now

▼Complete Guide to the XM $30 Trading Bonus

Forex FanClub
XM $30 Trading Bonus: Claim, Conditions & Withdrawal Tips | Forex FanClub Claim XM’s $30 no-deposit trading bonus. Learn eligibility, step-by-step claiming process, withdrawal conditions, and troubleshooting tips.

XM Deposit Bonus

02 For Existing XM Account Holders
Exclusive! Deposit Bonus Up to $10,500 USD
Receive up to $10,500 in bonus funds
100% bonus on your first deposit up to $500
Claim multiple times until you reach the maximum
Up to $10,500 USD
Deposit Bonus Awaits

XM’s deposit bonus campaign delivers exceptional value with a tiered structure: a 100% bonus on deposits up to $500, followed by 50% up to $2,000 and then 20% up to $8,000, for a combined maximum of $10,500 USD. You can claim the deposit bonus multiple times until you reach the cap, and it’s automatically credited to your account the moment your deposit is processed — no manual application needed. You can easily check your remaining bonus eligibility in the Members Area.

XM Deposit Bonus Overview

The XM Deposit Bonus is a reward programme that grants you additional trading capital based on the amount you deposit. The bonus is credited to your account automatically as soon as your deposit is confirmed, allowing you to open larger positions and manage risk more effectively. No application is required — the bonus is applied instantly upon deposit, enabling a seamless and efficient start to your trading session.

100% Deposit Bonus

Bonus Rate 100% of deposit amount
Maximum Bonus $500 USD
Eligible Account Types Standard and Standard Micro accounts
Eligibility Condition Minimum deposit of $10 USD
When Bonus Is Credited Instantly upon deposit

50% Deposit Bonus

Bonus Rate 50% of deposit amount
Maximum Bonus $2,000 USD
Eligible Account Types Standard and Standard Micro accounts
Eligibility Condition Minimum deposit of $10 USD
When Bonus Is Credited Instantly upon deposit

20% Deposit Bonus

Bonus Rate 20% of deposit amount
Maximum Bonus $8,000 USD
Eligible Account Types Standard and Standard Micro accounts
Eligibility Condition Minimum deposit of $10 USD
When Bonus Is Credited Instantly upon deposit
Important Notes on the Deposit Bonus
  • Ultra Low, Ultra Low Micro, and Shares accounts are not eligible for the deposit bonus.
  • You can check your remaining deposit bonus eligibility under “Available Bonus: $XXX” on the Home page of your XM Members Area.

How to Claim the Deposit Bonus

The XM deposit bonus is automatically credited to your trading account alongside your deposit. Simply log in to the XM Members Area and deposit $10 USD or more into a Standard or Standard Micro account — the bonus will appear in your trading account automatically in the form of “credit”.

Log in to the XM Members Area
STEP 1
Log In
Log in to the XM Members Area or the XM app.
Use your email address and password to sign in.
Deposit funds with XM
STEP 2
Make a Deposit
Deposit $10 USD or more into the trading account you wish to receive the bonus on.
Fund your Standard or Standard Micro account with a minimum of $10 USD.
Confirm your bonus in the XM Members Area
STEP 3
Receive Your Bonus
Confirm that the deposit bonus has been credited to your trading account.
You can verify the bonus via the XM Members Area, MT4/MT5, or the XM app.
Start trading with XM
STEP 4
Start Trading
Begin trading using your deposit bonus.
You can start trading with your bonus via MT4/MT5 or the XM app.

The deposit bonus is credited when you deposit $10 USD or more.

The deposit bonus is only available on Standard and Standard Micro accounts.

\ Claim Your Deposit Bonus Today /

Log In to the XM Members Area

▶ Complete Guide to the XM Deposit Bonus

Forex FanClub
XM Deposit Guide: Methods, Fees, Limits & Processing Times | Forex FanClub Fund your XM account with zero fees. Compare bank transfer, crypto, Skrill, and card deposits—plus minimum amounts, limits, and processing times.

XM Traders Club (XM Coins)

03 Simply Keep Trading with XM
Earn Over $10 in Rewards
per Lot Traded
Exchange XMC (XM Coins) for bonus credit
Earn coins automatically with every trade
Trade consistently to accumulate more XMC
Unlimited Rewards
No Cap on Earnings

In the XM Traders Club, you earn XMC (XM Coins) with every trade, redeemable for bonus credit or cash. The programme activates automatically when you trade with XM — no sign-up or registration required. XMC accumulates automatically based on your trading volume, and as your status progresses from BRONZE through SILVER, GOLD, PLATINUM, and ELITE, you’ll earn more XMC per trade.

What is XMC (XM Coin)?

XMC (XM Coin) is a loyalty currency earned automatically every time you trade with XM. You can redeem accumulated XMC for trading bonus credit or withdrawable cash. The XM Traders Club has no cap on how much XMC you can earn and no limit on the bonus or cash you can redeem. Simply put — the more you trade, the more XMC you earn.
The amount of XMC you receive per trade varies by your membership status. All five status tiers advance automatically based on trading volume, and the higher your tier, the more XMC you earn per trade.

XMC BRONZE tier badge
BRONZE
Trading volume below $999,999 over 3 months
USDJPY from 0 lots
No minimum deposit requirement
XMC SILVER tier badge
SILVER
Trading volume of $1,000,000 or more over 3 months
USDJPY from 10 lots
No minimum deposit requirement
XMC GOLD tier badge
GOLD
Trading volume of $10,000,000 or more over 3 months
USDJPY from 100 lots
No minimum deposit requirement
XMC PLATINUM tier badge
PLATINUM
Trading volume of $50,000,000 or more over 3 months
USDJPY from 500 lots
Cumulative deposit: $50,000 or more
XMC ELITE tier badge
ELITE
Trading volume of $200,000,000 or more over 3 months
USDJPY from 2,000 lots
Cumulative deposit: $100,000 or more

Note: 1 XMC can be redeemed as $1 USD in bonus credit.

XMC Earnings Table by Instrument and Status Tier

The table below shows the amount of XMC earned per 1 lot traded. Please note that XMC values may vary depending on exchange rates — treat these as reference figures only. For precise figures, please use the XMC Calculator in the XM Members Area. XMC can be earned across all account types, with the exception of Shares accounts.

▼ You can switch between account types using the tabs below.

スクロールできます
BRONZESILVERGOLDPLATINUMELITE
EURUSD 0.71 0.87 1.03 1.20 1.42
USDJPY 0.65 0.80 0.95 1.10 1.30
GBPUSD 0.84 1.03 1.23 1.42 1.68
EURJPY 0.71 0.80 1.03 1.20 1.42
EURGBP 1.74 2.18 2.62 3.06 3.49
GBPJPY 2.08 2.60 3.12 3.64 4.16
GOLD 3.33 4.24 5.15 5.91 6.82
BTCUSD 6.56 8.20 9.84 11.48 13.12
US30Cash 0.27 0.33 0.39 0.45 0.54
OilCash 0.10 0.13 0.16 0.18 0.21
スクロールできます
BRONZESILVERGOLDPLATINUMELITE
EURUSD# 0.36 0.43 0.52 0.60 0.71
USDJPY# 0.33 0.40 0.48 0.55 0.65
GBPUSD# 0.42 0.51 0.62 0.71 0.84
EURJPY# 0.36 0.43 0.52 0.60 0.71
EURGBP# 0.87 1.09 1.31 1.53 1.74
GBPJPY# 1.03 1.29 1.55 1.81 2.07
GOLD# 1.66 2.12 2.57 2.97 3.42
BTCUSD# 3.28 4.10 4.92 5.74 6.56
US30Cash 0.13 0.16 0.19 0.22 0.27
OILCash 0.05 0.06 0.08 0.09 0.10
Important Notes on Earning XMC
  • Micro accounts use a lot size of 1/100, so XMC earned is also 1/100 of the standard amount.
  • XMC has a validity period of 1 year. Any XMC not redeemed within 1 year of being earned will expire and be removed from your account.

XM Traders Club Programme Overview

The table below summarises the XM Traders Club, covering tier advancement requirements, XMC redemption rates for bonus credit or cash, and the conditions for earning XMC.

Tier Advancement Criteria ▶ BRONZE: Trading volume below $999,999 over 3 months
▶ SILVER: Trading volume of $1,000,000 or more over 3 months
▶ GOLD: Trading volume of $10,000,000 or more over 3 months
▶ PLATINUM: Trading volume of $50,000,000 or more over 3 months
▶ ELITE: Trading volume of $200,000,000 or more over 3 months
Tier Demotion Criteria ▶ Same criteria as tier advancement
XMC Earning Cap No limit
XMC Redemption Rate ▶ Cash: 15 XMC = $1 USD
▶ Bonus: 1 XMC = $1 USD
Eligible Account Types ▶ Standard account
▶ Standard Micro account
▶ Ultra Low account
▶ Ultra Low Micro account
Conditions for Earning XMC ▶ Position held for more than 5 minutes
▶ Trades executed using bonus funds do not earn XMC
When XMC Is Credited XMC is automatically credited when a position is closed
Additional Programme Notes
  • Trading on a Shares account does not earn XMC.
  • XMC is only awarded for trades held open for more than 5 minutes.
  • If you trade using a combination of cash and bonus funds, XMC will only be awarded on the portion traded with cash.

How to Use the XM Traders Club

In the XM Traders Club, XMC is credited automatically to your account every time you trade. You can check your accumulated XMC balance in the Members Area under “XM Traders Club” and redeem it for bonus credit or cash whenever you choose.

Check XMC Earning Conditions
STEP 1
Review the Conditions
Start by familiarising yourself with the XMC earning conditions and important notes.
To earn XMC, your trades must meet the specified trading conditions.
Start Trading to Earn XMC
STEP 2
Start Trading
Begin trading via MT4/MT5 or the XM app.
XMC is automatically added to your XM account each time you close a position.
Log In to XM to Check Your XMC Balance
STEP 3
Log In
Log in to the XM Members Area to check your accumulated XMC.
Use your email address and password to sign in.
Redeem XMC in the XM Members Area
STEP 4
Redeem Your XMC
Exchange your accumulated XMC for cash or bonus credit in the XM Members Area.
XMC can be redeemed for cash or bonus at any time via the Members Area.
How to Advance Your Tier Faster

The most effective way to advance your tier in the XM Traders Club is to trade high-value instruments such as GOLD. With GOLD currently priced above $3,000 USD, you can advance through status tiers approximately three times faster than when trading USDJPY.

\ Redeem Your XMC Now /

XM Traders Club Details

▼XM Traders Club – Full Details

Forex FanClub
XM Traders Club (XMC): Status Tiers, Benefits & How to Earn | Forex FanClub Master XM Traders Club: earn XMC on every trade, unlock 5 status tiers, and redeem for bonuses or cash. Complete guide to maximising XMC rewards.

Withdrawing Bonuses and Transferring Funds Between XM Accounts

At XM, bonuses cannot be withdrawn directly. However, any profits generated from trading with bonus funds can be withdrawn. Please note that when you withdraw funds from an account that holds a bonus, the bonus will be reduced proportionally to the amount withdrawn relative to your account balance.

Similarly, when transferring funds from a bonus-holding account to another account, the bonus will be transferred in proportion to the amount moved relative to the account balance. However, it is not possible to transfer the bonus independently of the funds.

When Withdrawing Funds from a Bonus-Holding Account

When you withdraw funds from an account that holds a bonus, the bonus will be reduced proportionally based on the withdrawal amount relative to your total account balance.

Example

If your account holds $2,000 USD in cash and a $1,000 USD bonus, and you wish to withdraw $1,000 USD, the calculation is as follows:

  • The withdrawal amount ($1,000 USD) represents 50% of the account balance ($2,000 USD).
  • Therefore, 50% of the bonus ($1,000 USD), i.e. $500 USD, will be cancelled.
  • After withdrawal: account balance $1,000 USD, bonus $500 USD (usable margin $1,500 USD).

XMC will not be lost upon withdrawal, provided it has not yet been redeemed as bonus credit.

When Transferring Funds from a Bonus-Holding Account to Another Account

When transferring funds from an account with a bonus to another account, the bonus will be transferred proportionally based on the amount moved relative to the account balance.

Example

If Account A holds $2,000 USD in cash and a $1,000 USD bonus, and you wish to transfer $1,000 USD to Account B, the calculation is as follows:

  • The transfer amount ($1,000 USD) represents 50% of the account balance ($2,000 USD).
  • Therefore, 50% of the bonus ($1,000 USD), i.e. $500 USD, will also be transferred to Account B.
  • After transfer, Account A: balance $1,000 USD, bonus $500 USD (usable margin $1,500 USD).
  • After transfer, Account B: balance $1,000 USD, bonus $500 USD (usable margin $1,500 USD).

Bonuses cannot be transferred to Ultra Low, Ultra Low Micro, or Shares accounts. Please be aware that any funds transferred to these account types will result in the proportional cancellation of the associated bonus.

For further details on internal fund transfers between XM accounts, please refer to the complete guide to XM internal transfers, which covers everything you need to know.

Forex FanClub
XM Internal Transfer: Step-by-Step Guide & Bonus Rules Transfer funds between XM accounts instantly. Learn bonus handling, minimum amounts, open position limits, and currency exchange fees.

How to Check Your XM Bonus Balance

You can check your XM bonus balance via MetaTrader 4 (MT4) / MetaTrader 5 (MT5), the XM Members Area, or the XM App. We recommend checking your bonus balance regularly for effective capital management.

How to Check Your Bonus Balance on MT4/MT5

After logging in to your MT4/MT5 trading account, you can check your bonus balance using the following steps.

  • For MT4: Open the “Terminal” window and select the “Trade” tab.
  • For MT5: Open the “Toolbox” window and select the “Trade” tab.

▼The screenshot below is from MT5, but the bonus balance can be found in the same location on MT4.

How to check your bonus balance on the MT4/MT5 platform
Explanation of Displayed Fields
  • Balance: Your cash balance (withdrawable funds)
  • Credit: Your bonus balance (usable for trading but not withdrawable)
  • Equity: The combined total of your Balance and Credit (bonus) — the total capital available for trading

How to Check Your Bonus Balance in the XM Members Area

You can check your bonus balance in the XM Members Area by following the steps below.

  1. Navigate to the “Account Overview” page.
  2. Click the “…” menu next to your trading account.
  3. Select “Account Details”.
  4. The amount shown in the “Credit” field is your current bonus balance.
Checking bonus balance in XM Members Area on desktop
Checking bonus balance in XM Members Area on mobile
XM Traders Club Details

How to Register and Open an XM Account

How to Check Your Bonus Balance on the XM App

You can check your bonus balance on the XM app by following these steps.

  1. Log in to the XM app.
  2. Tap the “⌂ Home” tab.
  3. Tap “Select Account Type ▼” to view the details.
How to check your bonus balance on the XM mobile app
How to check your bonus balance on the XM mobile app
Please Note
  • The app does not display a “Credit” figure directly.
  • Your bonus is included within the Available Margin figure.
  • To calculate your bonus balance: if there are no open unrealised profits or losses, the bonus amount equals the difference between Available Margin and your Balance.
The Official All-in-One XM App

The XM app is XM’s official application, enabling you to manage everything in one place — from account setup and deposits/withdrawals to live trading. Even when using the app, you retain full access to all XM promotions, so take advantage of it today.

Download the XM App

How to Maximise the Value of Your XM Bonuses

Each of XM’s three bonus types — the “$30 Trading Bonus”, the “Deposit Bonus”, and the “XM Traders Club” — has distinct characteristics. Let’s explore how to get the most out of each one.

How to Maximise the $30 Trading Bonus

The XM $30 Trading Bonus is automatically credited upon first registration, giving you the freedom to start trading immediately with zero upfront investment. The key benefit is the ability to develop your trading skills in a real market environment without risking your own capital — testing strategies, practising position management, and familiarising yourself with the XM platform through genuine live market exposure.

Use the $30 Trading Bonus to validate your trading techniques before committing your own funds, building confidence in your approach along the way. Importantly, any profits generated with this bonus can be withdrawn as cash. In short, the XM $30 Trading Bonus is an outstanding opportunity to gain real trading experience, lower your barrier to entry into the financial markets, and minimise risk from day one.

Test the Live Trading Environment

  • Experience XM’s order execution speed before making a deposit.
  • Familiarise yourself with the trading platform and its features.

Explore High Leverage with No Risk

  • Take advantage of leverage up to 1,000:1.
  • No risk of loss to your personal funds — it’s not your own capital.

Use It Alongside the Deposit Bonus

  • Combine it with the three-tier deposit bonus: 100% + 50% + 20%.
  • Strengthen your margin buffer for safer, more confident trading.

How to Maximise the Deposit Bonus

The standout feature of the XM Deposit Bonus is that you can claim it an unlimited number of times, as long as you haven’t yet reached the maximum cap. Understanding and leveraging this feature will allow you to trade with significantly greater efficiency.

The most effective approach is straightforward: deposit regularly before each trading session and maintain an optimal balance between cash and bonus funds. At XM, cash is used as margin first, and the bonus is only drawn upon once the cash is exhausted.

Consider a concrete example. Suppose you have $1,000 USD in cash and $1,000 USD in bonus in your trading account and you trade GOLD at 0.1 lots. If you gain 60 pips, your balance would be approximately $3,000 USD cash and $1,000 USD bonus. Conversely, if you lose 60 pips, both the cash and bonus would be reduced to zero.

What this example illustrates is that on the same trade, a winning outcome yields approximately $2,000 USD, while a losing outcome costs only $1,000 USD. Repeating this approach consistently allows you to grow your capital effectively whilst keeping risk under control.

In summary, making regular deposits before each trade and maintaining the right cash-to-bonus ratio is the key to maximising the benefit of the deposit bonus whilst managing your capital efficiently.

Tips for Effective Use
  • Once you have reached the bonus cap, you can request a bonus reset via XM’s customer support team.
  • If the reset request is approved following XM’s review, your previously received bonus will be reset and you will be able to claim bonuses again.

How to Use XMC (XM Coin) Effectively

We recommend redeeming XMC earned through the XM Traders Club as bonus credit rather than cash, as the redemption rate is significantly more favourable. Using bonus credit for trading can also help to grow your capital further.

Redeem as Bonus Credit (Recommended)

  • Redemption rate: 1 XMC = $1 USD in bonus credit
  • Can be used as margin for trading
  • Please note: bonus credit cannot be withdrawn directly

Redeem as Cash

  • Available from GOLD tier and above
  • Redemption rate: 15 XMC = $1 USD in cash
  • Fully withdrawable, as it is not bonus credit
How to Advance Your Tier Faster

The most effective way to advance your tier in the XM Traders Club is to trade high-value instruments such as GOLD. With GOLD currently priced above $4,000 USD, you can progress through status tiers approximately four times faster than when trading USDJPY.

▼XM Traders Club – Full Details

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XM Traders Club (XMC): Status Tiers, Benefits & How to Earn | Forex FanClub Master XM Traders Club: earn XMC on every trade, unlock 5 status tiers, and redeem for bonuses or cash. Complete guide to maximising XMC rewards.

Why Your XM Bonus May Disappear

XM bonuses do not have an expiry date per se, but they can be forfeited under certain circumstances. Since lost bonuses cannot be recovered, please review the following conditions carefully.

Circumstances Under Which Your Bonus May Be Forfeited
  • When the account is left inactive for 90 days
  • When the Terms and Conditions are violated or prohibited trading practices are detected
  • When funds are withdrawn from the account
  • When funds are transferred to an account that does not support bonuses

Bonus Forfeiture Due to 90 Days of Account Inactivity

At XM, any trading account with no trading activity or deposits/withdrawals for 90 or more consecutive days is classified as inactive, and all bonuses will be forfeited. While it is possible to reactivate an inactive account, any bonuses that have already been lost cannot be restored. In addition to losing your bonus, leaving a trading account dormant carries other drawbacks.

What Happens When Your Account Becomes Inactive

  • If there is no trading or deposit/withdrawal activity for 90 days, the trading account will be designated as inactive.
  • Once the account enters inactive status, all bonuses will be cancelled.
  • Even if inactive status is lifted, any cancelled bonuses cannot be reinstated.
  • A monthly maintenance fee of $10 USD is charged on inactive trading accounts.
  • If the account balance is below $10 USD, the full remaining balance will be deducted, leaving a zero balance.

We therefore recommend closing any trading accounts you are no longer using. The following article explains the process of closing an XM trading account in detail — please refer to it if needed.

▼How to Close an XM Trading Account

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How to Close Your XM Account | Complete Deletion Guide Close or delete your XM trading account safely. Follow our checklist and step-by-step instructions to avoid common mistakes and ensure a smooth exit.

Violations of Terms and Conditions and Prohibited Trading Practices

If XM detects a violation of its Terms and Conditions or any prohibited trading activity, the trading account will be suspended and all bonuses will be cancelled. In such cases, any new account application may also be declined. The following are key violations and prohibited practices to be aware of.

Key Violations and Prohibited Trading Practices

  • Hedging trades across multiple accounts
  • Hedging between XM and another broker
  • Group hedging involving multiple individuals
  • Arbitrage trading (profiting from price discrepancies)
  • Trading that exploits latency or price errors
  • Improper receipt or use of bonuses or XMC (XM Coins)
  • Allowing a third party to manage your account
  • Trading that places excessive load on XM’s servers
  • Claiming commission improperly through self-referral via affiliate links

Many traders attempt to convert bonuses into cash simply by hedging across different brokers. However, this approach carries extremely high risk — such irregular trading activity is easily detectable through the MetaQuotes platform system, which manages all trading platforms.

If irregular trading is detected, not only will the account be suspended, but all profits will be voided and only the losses will remain. Please exercise the utmost caution and never engage in hedging or any other method with the intention of converting bonuses to cash.

XM does permit hedging trades within the same trading account.

Bonus Forfeiture Upon Withdrawal

When you withdraw funds from a trading account that holds a bonus, the bonus will be cancelled proportionally based on the withdrawal amount relative to the account’s total balance.

Example: Bonus Cancellation Upon Withdrawal

If you withdraw $1,000 USD from a trading account with a balance of $4,000 USD and a bonus of $2,000 USD:

  • The withdrawal amount ($1,000 USD) represents 25% of the account balance ($4,000 USD).
  • Therefore, 25% of the bonus ($2,000 USD), i.e. $500 USD, will be cancelled.
  • After withdrawal: account balance $3,000 USD, bonus $1,500 USD (usable margin $4,500 USD).

Cancelled bonuses can be checked in your XM Members Area under “Trading History”, where they will appear as “Credit Out”.

Bonus Forfeiture When Transferring to an Ineligible Account

When transferring funds from a bonus-holding account such as a Standard or Standard Micro account to a trading account that is not eligible for bonuses (listed below), the bonus will be cancelled proportionally to the transfer amount relative to the account balance. Please consider this carefully before proceeding.

Account Types Not Eligible for Bonuses

  • Ultra Low account
  • Ultra Low Micro account
  • Shares account

Key Considerations for Using XM Bonuses Effectively

This section covers important notes and limitations regarding XM bonuses, including promotion eligibility by account type, bonus treatment for tax purposes, and the relationship between bonuses and leverage restrictions.

Promotion Eligibility by Account Type

XM offers different promotions depending on the account type. The table below summarises which promotions are available for each trading account type. Please use this as a reference guide.

XM Promotion Availability by Account Type

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Standard
Standard Micro
Ultra Low
Ultra Low Micro
$30 Trading Bonus✓✓
Deposit Bonus✓✗
XM Traders Club✓✓
Free VPS Service✓✓
Trading Competitions✓✓
Refer a Friend Programme✓✓

Ultra Low and Ultra Low Micro accounts have access to fewer bonus promotions, but benefit from tighter spreads and no swap fees. As space here is limited, we cannot cover all XM account types in full detail. For a comprehensive account type comparison, please refer to the following article.

▼Compare Recommended XM Account Types

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XM Account Types Compared: Standard vs Ultra Low vs Shares | Forex FanClub Compare XM account types side-by-side. Discover which account suits your trading style—Standard, Ultra Low, or Shares—with detailed features and recommendations…

XM Bonuses Are Exempt from Tax When Filing a Tax Return

XM bonuses are classified as trading credit and are not considered profit, making them exempt from tax when filing a tax return. The following items are considered taxable income at XM.

Taxable Income at XM

  • Profits from closed trading positions
  • Cash received from redeeming XMC
  • Cash rewards from the Refer a Friend programme
  • Prize money from trading competitions
  • Cash rewards from limited-time promotions such as cashback offers

Bonuses Are Included in the Leverage Restriction Calculation

At XM, leverage restrictions are applied based on the available margin in your account. Under normal circumstances, XM offers leverage of up to 1,000:1. However, once available margin exceeds $40,000 USD, the maximum leverage is reduced to 500:1. This is known as the “leverage restriction”.

Available margin refers to the total funds available for trading — this includes not only deposited cash, but also any bonus credit and unrealised profits.

“Available Margin” = “Account Balance” + “Unrealised Profit/Loss” + “Bonus Credit”

What is particularly important to note is that when the total available margin in your XM account exceeds $40,000 USD, the maximum usable leverage decreases in stages. This means that as your capital grows, the leverage ratio available to you will gradually reduce.

XM Leverage Restrictions

Available MarginMaximum Leverage
$5 – $40,000 USD Up to 1,000:1 leverage
$40,001 – $80,000 USD Up to 500:1 leverage
$80,001 – $200,000 USD Up to 200:1 leverage
$200,000 USD and above Up to 100:1 leverage

Understanding these leverage restrictions is especially important for traders operating with larger capital. It is easy to overlook the fact that bonus credit is included in the available margin calculation, which can cause leverage restrictions to take effect sooner than expected.

For example, even if your actual deposited amount is $30,000 USD, a bonus of $10,000 USD would push your total available margin above $40,000 USD, capping your maximum leverage at 500:1. If you plan to execute large-volume trades, we strongly recommend being mindful of your total available margin — including any bonus credit — and understanding which leverage restrictions will apply.

▼XM Margin and Leverage Table

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XM Margin Requirements: Daily Tables & Calculation Guide | Forex FanClub Master XM margin requirements with daily updated tables for Forex, metals, indices, crypto, and more. Includes calculation examples and zero-cut protection.

Frequently Asked Questions About XM Bonuses (Q&A)

XM’s bonus programme offers a wealth of benefits, but the eligibility conditions and various restrictions can be complex. In this final section, we’ve compiled the most commonly asked questions from real users, along with key points to keep in mind when using your bonuses — all presented in a clear Q&A format.

What are the conditions for the XM $30 Trading Bonus?

The conditions are to register as a new XM member and complete identity verification. It is available exclusively to new registrants and can only be claimed once per person. You must also claim the bonus within 30 days of registering.

What are the conditions for the XM 100% Deposit Bonus?

You must deposit a minimum of $10 USD into a Standard or Standard Micro account. The maximum bonus is $500 USD and can be claimed multiple times until the overall cap is reached. Ultra Low accounts are not eligible for this bonus.

How do I claim an XM bonus?

The $30 Trading Bonus can be claimed via the Members Area after registering and completing identity verification. The deposit bonus is credited automatically upon depositing into an eligible account. XMC is added automatically with every qualifying trade and can be redeemed for bonus credit via the Members Area.

Can I withdraw my XM bonus?

You cannot withdraw the bonus itself directly, but you can withdraw any profits generated from trading with it. However, if you withdraw funds from your account balance, the bonus will be reduced proportionally based on the withdrawal amount relative to your account balance.

Why haven’t I received a verification call from XM yet?

This may be due to unclear identity documents, an incorrect phone number on your registration, or delays caused by high user volumes. Please contact XM’s customer support team to check your verification status.

Do XM bonuses have an expiry date?

XM bonuses do not have a fixed expiry date, but will be forfeited if the trading account is inactive (no trades or deposits/withdrawals) for 90 consecutive days. Forfeited bonuses cannot be reinstated.

What happens to my bonus if my XM trading account is suspended?

Any trading account with no activity for 90 or more consecutive days will be classified as inactive, and all bonuses will be forfeited. Inactive status can be lifted, but any bonuses already lost cannot be recovered.

Why am I unable to claim the XM $30 Trading Bonus?

Common reasons include: identity verification not yet completed, the bonus having already been claimed on another account, more than 30 days having passed since account registration, or applications made from multiple IP addresses. The bonus is strictly one per person, and there are robust checks in place to prevent duplicate claims.

When can I claim the XM $30 Trading Bonus?

After registering as a new member and completing identity verification, you can claim the bonus via the XM Members Area. A verification call will then follow, and once confirmed, the bonus will be credited to your account. All of this must be completed within 30 days of registration.

Do I need to apply for the XM 100% Deposit Bonus?

No application is required. When you deposit $10 USD or more into a Standard or Standard Micro account, the system automatically checks your eligibility and credits the bonus instantly if the conditions are met.

Can I receive the deposit bonus when depositing into an additional XM account?

Yes, you can receive the deposit bonus on additional accounts, provided they are Standard or Standard Micro accounts. However, Ultra Low, Ultra Low Micro, and Shares accounts are not eligible for the bonus.

Can I transfer my XM bonus to an additional account?

When you transfer funds, the bonus is automatically transferred in proportion to the amount moved. It is not possible to transfer the bonus independently. The destination account must be a Standard account using the same currency. Transferring to an Ultra Low account will result in the proportional cancellation of the bonus.

Do I need to sign up to earn XMC (XM Coins)?

No sign-up is required. Once you begin trading with XM, the Traders Club activates automatically and XMC is credited to your account after every qualifying trade held open for more than 5 minutes. XMC can be earned across all account types except Shares accounts.

Why am I not receiving XMC (XM Coins)?

Trades on Shares accounts, trades held open for less than 5 minutes, and trades executed using bonus funds do not qualify for XMC. Additionally, if your trading volume does not meet the required threshold, XMC may not be awarded.

What are the XMC status tiers?

The XM Traders Club status tiers are membership levels determined by your trading volume over a 3-month period. There are five tiers in total: BRONZE, SILVER, GOLD, PLATINUM, and ELITE. The higher your tier, the more XMC you earn per trade and the greater the benefits you receive.

XM offers a comprehensive three-tier bonus programme: the $30 Trading Bonus for new registrants, the Deposit Bonus worth up to $10,500 USD, and the XM Traders Club where you earn XMC with every trade. Using these bonuses strategically allows you to trade more effectively whilst minimising your own capital outlay — making them an invaluable opportunity for new traders to build real experience and reduce risk. That said, bonuses are subject to forfeiture conditions and various restrictions, so it is essential to understand the terms thoroughly and approach their use with a clear plan.

XM Official Website

Complete XM Forex Broker Guide – View Here

Financial Licence and Legal Information

XM is operated by XM Global Limited, registered with the Financial Services Commission (FSC) of Belize under the Securities Industry Act 2021 (Licence No. 000261/27).

Risk Warning

Trading Forex and CFDs carries a high risk of losing your invested capital. Please read and fully understand XM’s Risk Disclosure before trading.

Legal Documents of XM Global Limited

XM Global Terms and Conditions

XM Global Anti-Money Laundering Policy

XM Global Order Execution Policy

XM Global Risk Disclosure for Financial Instruments

XM Global Conflicts of Interest Policy

XM Global Complaint Handling Procedures

VPS Service Terms and Conditions

XM Logo - Forex Broker

Company Name: XM Global Limited
Address: XM Global Limited, 63 Eve St, Belize City, Belize
Financial Instruments Trading Licence: Belize Financial Services Commission (FSC) Licence No. 000261/27

This website is operated by CHIHEWANLE Ltd. under a partnership agreement with XM (XM Global Limited). All personal data collected is held by XM (XM Global Limited). This website is operated by CHIHEWANLE Ltd. under the domain https://www.fxfan.club/

Information Provider: CHIHEWANLE Ltd.
Registration No.: 24917404
Address: No.50 12F-3, Chenggong Rd, North District, Tainan City, Taiwan

Contents
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  • XM $30 Trading Bonus
  • $30 Trading Bonus Overview
  • How to Claim the $30 Trading Bonus
  • XM Deposit Bonus
  • XM Deposit Bonus Overview
  • How to Claim the Deposit Bonus
  • XM Traders Club (XM Coins)
  • XMC Earnings Table by Instrument and Status Tier
  • XM Traders Club Programme Overview
  • How to Use the XM Traders Club
  • Withdrawing Bonuses and Transferring Funds Between XM Accounts
  • When Withdrawing Funds from a Bonus-Holding Account
  • When Transferring Funds from a Bonus-Holding Account to Another Account
  • How to Check Your XM Bonus Balance
  • How to Check Your Bonus Balance on MT4/MT5
  • How to Check Your Bonus Balance in the XM Members Area
  • How to Check Your Bonus Balance on the XM App
  • How to Maximise the Value of Your XM Bonuses
  • How to Maximise the $30 Trading Bonus
  • How to Maximise the Deposit Bonus
  • How to Use XMC (XM Coin) Effectively
  • Why Your XM Bonus May Disappear
  • Bonus Forfeiture Due to 90 Days of Account Inactivity
  • Violations of Terms and Conditions and Prohibited Trading Practices
  • Bonus Forfeiture Upon Withdrawal
  • Bonus Forfeiture When Transferring to an Ineligible Account
  • Key Considerations for Using XM Bonuses Effectively
  • Promotion Eligibility by Account Type
  • XM Bonuses Are Exempt from Tax When Filing a Tax Return
  • Bonuses Are Included in the Leverage Restriction Calculation
  • Frequently Asked Questions About XM Bonuses (Q&A)
Contents