Guide to XM Trading Account Bonus Start With $50 Free

The XM trading account bonus gives new traders a great chance to start forex trading without putting their own money at risk. XM is a 14-year-old broker that serves over 4 million customers worldwide and operates under ASIC, BaFin, and CySEC regulations.

New clients from selected Latin American countries can get a $50 no deposit bonus in trading funds. The bonus comes with simple conditions - complete 5 trades within a week to withdraw your profits. Traders can take out as little as $5, and there's no upper limit on withdrawals.

This piece shows you exactly how to claim and trade with the XM trading app bonus. You'll learn about signing up, meeting trading requirements, and getting your profits out quickly.

What is XM No Deposit Bonus

XM offers a unique no deposit bonus that puts real trading funds in your account before you deposit any money. Traders can experience actual market conditions without risking their own capital.

How the $50 bonus works

Your location determines the bonus amount - some regions get $50 while others receive $30. The bonus funds show up right away in your trading account. On top of that, you can get the bonus in several currencies: 42 EUR, 33 GBP, 42 CHF, 5000 JPY, 50 AUD, 167 PLN, 11667 HUF, 67 SGD, 578 ZAR, or 1600 THB.

These are the trading conditions you need to know:

• Complete at least 5 round-turn trades
• Trade a minimum volume of 10 micro lots (0.1 standard lots)
• Get your bonus within 30 days of opening your account

You can't withdraw the original bonus amount, but any profits you make from trading with the bonus funds are yours to withdraw. The smallest amount you can withdraw is $5, with no upper limit.

Eligible countries

The $50 bonus program runs in several regions across Asia and Latin America:

Asian Countries:

• Malaysia
• United Arab Emirates
• Brunei
• Singapore
• Kuwait
• Bahrain

Latin American Countries:

• Brazil
• Chile
• Colombia
• Costa Rica
• Ecuador
• Guatemala
• Honduras
• Mexico
• Panama
• Paraguay
• Peru
• Uruguay

All the same, some restrictions apply. Clients registered under Trading Point of Financial Instruments UK Ltd or those from EEA regions can't get this bonus. Each IP address can only have one bonus account.

The program has strict rules - you must be at least 18 years old and new to XM trading. When one family member gets the bonus, other family members become ineligible. Anyone connected to XM directly or indirectly can't take part in this program.

XM's terms state that they can change or end this bonus offer whenever they choose. Traders should check XM's official website to see if this promotion is still available in their region.

Getting Started with XM Free Forex Bonus

The XM trading account bonus registration needs a well-laid-out process to activate your bonus successfully. Here are the simple steps to help you begin.

Account registration steps

The XM website has a green "Open an Account" button in the top right corner. You need to provide simple personal details and choose between MT4 or MT5 trading platforms during registration. The next step is to pick the standard account type. Make sure you select "Yes, I wish to receive the bonus" in the account bonus section.

Document verification process

XM needs two main documents to verify your account:

• Proof of Identity (POI): Submit either a passport, driver's license, or government-issued ID card
• Proof of Address (POA): Provide a utility bill or bank statement dated within the last 6 months

Your document images should show all four corners clearly under good lighting. XM usually completes verification within 24 hours if you submit all documents correctly.

Claiming your bonus

The bonus claiming process is straightforward after verification:

1. Log into your Members Area dashboard
2. Find the "Trading Bonus - Claim your USD 50.00" box
3. Complete phone verification through SMS or voice call
4. The bonus credit appears in your account within 24 hours typically

Note that the bonus claim window lasts 30 days from your account opening date. You might lose the chance to receive trading funds after this period. XM allows only one bonus account per IP address. The bonus stays non-withdrawable, but you can withdraw profits after meeting trading requirements.

Trading with XM Bonus Funds

Trading with XM bonus funds successfully needs you to understand the basic requirements and use proven strategies. Here's how you can make the most of your bonus credit while trading.

Minimum trade requirements

You must meet specific conditions to withdraw profits from your XM trading account bonus:

• Complete at least 5 round-turn trades in one week
• Trade a total volume of 10 micro lots (equal to 0.1 standard lots)
• Keep enough margin levels - your positions will face forced settlement if margin drops below 20%

Best trading pairs for beginners

New traders using bonus funds should consider these currency pairs that offer better stability and predictability:

EUR/USD: This most traded pair gives you high liquidity and stays less volatile. You can trade economically with tight spreads starting from 1.6 pips.

USD/JPY: The second highest trading volume ensures good spreads and steady market movement.

GBP/USD: This third most liquid pair usually moves with EUR/USD, making it easier for new traders to predict.

Risk management tips

You need these proven risk management strategies to protect your bonus funds:

1. Position Sizing

   • Risk no more than 1% of your trading capital in each trade
   • Change your leverage based on market conditions - use less leverage when markets are volatile

2. Stop-Loss Implementation

   • Set stop-loss orders every time to guard against market drops
   • You can use guaranteed stop-loss orders for extra protection, but they cost more

3. Market Analysis

   • Do your technical and fundamental analysis before trading
   • Keep track of economic events through XM's economic calendar

4. Leverage Control

   • Follow recommended leverage ratios: max 30:1 for EUR/USD and 10:1 for Gold
   • Stay away from high leverage as it can wipe out your capital fast - 75.18% of retail investor accounts lose money trading CFDs

Note that you can't withdraw the original bonus amount, but all profits become available once you meet the trading requirements. Your chances of managing bonus funds well improve by a lot when you follow disciplined trading practices.

Withdrawing Your Bonus Profits

XM bonus funds can help you trade successfully, and knowing how to withdraw your profits is a vital part of securing your earnings. Let's get into the requirements and steps you need to withdraw your money.

Trading volume requirements

You must meet specific volume criteria before you can withdraw your earnings:

• Trade a minimum of 10 micro lots (equivalent to 0.1 standard lots)
• Complete at least 5 round-turn trades
• Keep a minimum withdrawal amount of $5 per transaction

You can withdraw any amount after meeting these conditions. But your bonus amount will decrease based on the percentage of funds you withdraw.

Withdrawal process explained

XM uses an advanced Artificial Intelligence Back Office System that processes your withdrawal requests quickly. Here's what you should know about getting your money:

Processing Timeline:

• Original processing takes just 24 hours
• Bank transfers and card transactions need 2-5 business days
• Most e-wallet withdrawals happen instantly after approval

Payment Methods Priority:

1. Credit/debit cards
2. Online wallets (like Skrill)
3. Bank transfers

XM follows these specific guidelines:

• Your withdrawals must go to accounts in your name
• Card withdrawals can't be more than your original deposit
• Bank transfers are the only way to withdraw trading profits

XM doesn't charge fees for most withdrawal methods, except bank wire transfers under $200. You need to close all pending orders before you can withdraw.

XM's priority system automatically handles withdrawals if you use multiple deposit methods. This approach helps comply with anti-money laundering rules and manages funds efficiently.

Keep in mind that your trading bonus decreases proportionally when you withdraw funds. To cite an instance, withdrawing 50% of your balance means losing 50% of your remaining bonus. You can still trade with your remaining funds normally.

Conclusion

XM's no deposit bonus offers a risk-free way to start your forex trip. The original $50 bonus stays non-withdrawable, but you can withdraw unlimited profits after completing 5 trades and 10 micro lots.

You can get started easily with simple registration and quick document verification. Your success chances improve when you trade popular pairs like EUR/USD, USD/JPY, and GBP/USD with proper risk management.

Note that your bonus will decrease proportionally with withdrawals. The remaining funds will still be available to trade. XM's regulated status and 14-year old track record make it a reliable platform that serves both new and experienced traders.

Keep your initial trades small, meet the trading requirements, and stay focused on consistent execution rather than chasing quick profits. This bonus program gives you risk-free starting capital with unlimited profit potential - a perfect launchpad for your trading career.

FAQs

Q1. How does the XM $50 no deposit bonus work? XM offers a $50 no deposit bonus to new traders from select countries in Asia and Latin America. This bonus allows you to trade without risking your own money. You need to complete at least 5 round-turn trades and achieve a minimum trading volume of 10 micro lots within a week to be eligible for profit withdrawal.

Q2. What are the requirements to withdraw profits from the XM bonus? To withdraw profits earned from the XM bonus, you must complete at least 5 round-turn trades and achieve a total trading volume of 10 micro lots. The minimum withdrawal amount is $5, with no maximum limit. However, the initial bonus amount cannot be withdrawn.

Q3. How do I claim the XM welcome bonus? To claim the XM welcome bonus, first register an account on the XM website. During registration, select "Yes, I wish to receive the bonus" under the account bonus section. After account verification, log into your Members Area dashboard, look for the "Trading Bonus" box, complete phone verification, and wait for the bonus to be credited within 24 hours.

Q4. Which currency pairs are best for beginners trading with the XM bonus? For beginners trading with the XM bonus, the best currency pairs to start with are EUR/USD, USD/JPY, and GBP/USD. These pairs offer high liquidity, relatively low volatility, and tight spreads, making them suitable for new traders.

Q5. How does withdrawing profits affect the XM bonus? When you withdraw profits, it proportionally reduces your bonus amount. For example, if you withdraw 50% of your account balance, you'll lose 50% of your remaining bonus. However, this doesn't affect your ability to continue trading with the remaining funds, and there's no maximum limit on the amount you can withdraw once you meet the trading requirements.