XM’s No Deposit Bonus Explained: How to Claim It

One of the most attractive offers for new traders looking to test the waters in the world of forex trading is the XM No Deposit Bonus. This $30 bonus gives traders the opportunity to start trading without the need to deposit any funds. It’s an excellent way for beginners to explore the features of the XM trading platform, learn the ropes, and potentially make profits — all without risking their own money.

In this guide, we’ll explain how to claim the XM no deposit bonus, its benefits, and the steps involved in getting started.

What Is the XM No Deposit Bonus?

The XM No Deposit Bonus is a promotional offer for new XM clients. It allows you to start trading with $30 of free trading credit without making any deposits.

This means you can open trades in forex, commodities, and other markets using real money, giving you a head start in trading.

The bonus acts as a risk-free opportunity for new traders to get accustomed to the XM trading platform, whether on MT4 or MT5.

It’s important to note that while the $30 bonus can be used for trading, it cannot be withdrawn. However, any profits made from trading with the bonus can be withdrawn, provided that you meet the requirements and conditions set by XM.

How to Claim the XM No Deposit Bonus

Here’s a step-by-step guide on how to claim the XM No Deposit Bonus and start trading:

1. Register an Account with XM

The first step to claiming the XM $30 bonus is to open an account with XM.

You’ll need to visit the official XM website and complete the registration process.

This includes providing basic personal information, such as your name, email address, and phone number, and choosing between a demo account or a real account.

Make sure to select the real account, as the no deposit bonus is only available for real accounts.

2. Complete the Verification Process

Once you’ve registered, you’ll need to complete the XM account verification process.

This step involves submitting a few identification documents to prove your identity and address.

You’ll need a government-issued ID (such as a passport or national ID card) and proof of residence (such as a utility bill or bank statement).

The verification process typically takes a few hours, but it can take up to 24 hours, depending on the volume of applications.

3. Claim the XM No Deposit Bonus

After your account has been verified, XM will automatically credit the $30 bonus to your trading account.

You don’t need to make any deposits or enter promo codes — it’s that simple!

The bonus will appear in your MT4 or MT5 account under the “Credit” section.

4. Start Trading with Your $30 Bonus

Once the bonus has been credited to your account, you’re ready to start trading.

You can use the $30 no deposit bonus to trade a wide range of financial instruments, including forex, commodities, indices, and more.

This is a great opportunity to practice your trading strategies, familiarize yourself with the XM trading platform, and potentially earn profits.

Key Benefits of the XM No Deposit Bonus

1. No Risk Involved

Since the XM $30 bonus requires no initial deposit, you can trade without any financial risk.

This makes it an ideal choice for beginners who are still learning the basics of forex trading.

2. Withdraw Profits

Although the $30 bonus itself cannot be withdrawn, any profits made from trading with the bonus can be withdrawn after you meet the required trading volume and other withdrawal conditions.

This gives you the chance to earn real money from your initial risk-free trades.

3. Experience Real Trading

Unlike demo accounts, which use virtual funds, the XM No Deposit Bonus allows you to experience real market conditions.

This gives you a more accurate understanding of how trading works in the real world, with the added benefit of not risking your own money.

XM No Deposit Bonus Terms and Conditions

Before you rush to claim the XM $30 bonus, it’s essential to understand the terms and conditions.

Here are a few key points to consider:

• New Clients Only: The XM no deposit bonus is available to new clients only. If you already have an account with XM, you won’t be eligible for this offer.
• Trading Volume Requirement: To withdraw profits made from the bonus, you need to meet a certain trading volume requirement, typically specified by XM.
• Bonus Expiration: The XM bonus is usually valid for a limited period. Be sure to check the terms to avoid missing out.

Conclusion

The XM No Deposit Bonus is an excellent way for beginners to get started with forex trading without making an initial investment.

With $30 of free trading credit, you can explore the XM platform, practice your trading strategies, and potentially make profits without risking any of your own money.

By following the simple steps outlined above, you can quickly claim the bonus and start trading.

Just remember to check the terms and conditions, and you’ll be on your way to becoming a successful trader with XM.