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XM Free 30 USD No Deposit Bonus Explained

XM Free 30 USD No Deposit Bonus Explained

XM is one of the best forex brokers out there that will help us gain access to the forex market. One of the factors that make XM so popular and became a forex trader’s choice as their forex broker, is their bonuses. So in this blog post, we’re going to specifically talk about the XM no-deposit bonus or the $30 that you can get for free once you create an account with them.

Warning: There are lots of existing fake XM websites on the internet, so before getting excited, always make sure that you’re accessing the official website of XM. Click here to access the official website of XM.

I tried multiple forex brokers before I finally ended up choosing XM. I just want to assure you that choosing XM as your forex broker is, going to be the very first right decision you’re going to make on your forex trading journey.

How To Claim 30 Dollar Bonus In XM

XM always have bonuses for their new clients, they have a promo period or set of dates where it’s available, like a 100% bonus on your deposits, etc. But the most common XM bonus where it’s always available for their new clients is the $30 bonus that you can get for free or without making any deposits and here’s how you can get it.

1. Create Free Account On XM’s Official Website

The very first step that you need to do is to create a free account on XM’s website. Now as I said, there are lots of fake XM websites so make sure that you’re on the official website of XM.

Just go through all the steps on creating an account, you need to answer questions and make sure to answer all of them honestly. If you need a tutorial on how to create an account with XM, you can also watch the video tutorial below that I have created.

[ click here ] to access the official website of XM and create your free account to claim the $30 no-deposit bonus.

2. Validate Or Verify Your XM Account

The second step after you have finished signing up for an XM account is to verify your account. Login to your XM account (open the email they have sent you and that’s where you can see all your login details) click the dropdown under your name and then select upload documents.

You will be routed to a question asking about your Tax Identification Number (TIN) just fill it out if you have one, and select No if it’s not applicable to you. Then the final page is going to be where you can upload your documents, you can use any valid ID (like a government-issued ID to verify your Identity).

Your account should be validated within a few hours, or a maximum of 24 hours. If your documents have a problem, the XM validation team will get in touch with you so make sure to keep an eye on your email or the phone number you use during your account creation.

3. Claim Your $30 Bonus

XM validation team will email you once they successfully verified your account, and that means you’re now ready to claim your $30 bonus. To claim your 30-dollar bonus, you just need to log in to your XM account using the account details they sent you.

Once you’re logged in to your account, just scroll down a little and you should see a clickable button that says about claiming your free $30 bonus.

Once you successfully claimed the $30 bonus, you can automatically use it on your trades but of course, you need to add capital if you want to earn more on your trades. But make sure that you already have enough knowledge about forex trading before investing your hard-earned money.

xm 30 bonus terms and conditions

XM 30 Bonus Terms And Conditions

You cannot withdraw the XM $30 bonus that you will get as their new clients, but the good this is you can use it on your trades and withdraw whatever profits that you make using it. You don’t have to make any deposit to start trading with XM using the $30 bonus, but of course, if you want better profits on your trades, then you need to have more equity in your account and that would mean you making a deposit.

How To Withdraw Profits From XM $30 Bonus?

To withdraw the profits you make on your trades using XM’s $30 bonus, you need to register a mode of payment (tender) on XM. To register a mode of payment on XM, you need to make a deposit using your preferred payment method and don’t worry, you can also just withdraw the amount you deposited to your account right away without any charges or fees.

XM is doing this process as compliance for AMLA to prevent money laundering. For more details, you can also refer to this article that XM has on their website.

I hope I was able to answer all your questions about XM’s free $30 bonus. Please let me know in the comments if you still have questions or suggestions on this article. Good luck!

Yhong Lacson
Yhong Lacson
Owner/Founder
yhonglacson.com

I'm a digital nomad from the Philippines. I run a small agency where I offer website development (Shopify & WordPress) services. I also do forex trading on the side, so you might see me sharing content about forex trading and such.

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