XM No Deposit Bonus Scheme is a Business Terms of XM Forex Broker that is only eligible for new clients. XM is a forex online broker regulated by the Cyprus Securities and Exchange Commission, the Australia Securities and investments commission, and the Trading point of financial conduct authority.
Therefore, you can trust XM for trading forex related services. It offers trading activities through MT4, MT5, and WebTrader trading platforms.
Moreover, let’s know the process to get free $30 No Deposit Bonus on XM platform.
How to get the XM $30 No Deposit Bonus for Free?
- Signup to XM Broker by Opening Real Account.
- Verify your account by providing all your necessary documents.
- Go to the Member area and perform SMS (Phone Number) verification.
- Click on Claim your Bonus.
- Get 30 USD or equivalent No Deposit Trading Bonus.
- It may take up to 24 hours to get No Deposit Bonus in your real account.
Read Our Review: XM Forex Broker
How to withdraw profit from XM No Deposit Bonus?
Before withdrawing profit amount, the trader must complete at least 10 micro-lots (0.1 standard lots) and also complete at least 5 round turn trades in real account. You can verify this by visiting Member Area > Account > Trading History.
As per XM Terms and Policy, you cannot withdraw the initial no deposit money i.e. $30 Bonus. The free bonus provided by XM will be removed proportionally after making the profit.
Here is the example of XM Fund Withdrawal from $30 No Deposit Bonus
Example 1: If you haven’t deposit real amount in XM
| No Deposit Trading Bonus Amount | USD 30 |
| Profits generated from trading with the No Deposit Trading Bonus | USD 100 |
| Balance available for withdrawal | USD 100 |
| Amount of requested withdrawal | USD 40 (40% on USD 100) |
| Amount of Trading Bonus removal | USD 12 (40% on USD 30) |
Example 2: If you have deposit real amount in XM
| No Deposit Trading Bonus Amount | USD 30 |
| Deposit Amount | USD 500 |
| Profits generated from trading with the No Deposit Trading Bonus | USD 100 |
| Balance available for withdrawal | USD 600 |
| Amount of requested withdrawal | USD 360 (60% on USD 600) |
| Amount of Trading Bonus removal | USD 18 (60% on USD 30) |
Terms and Conditions – XM No Deposit Bonus
Before claiming Free Bonus, don’t forget to check XM Terms and Conditions for No Deposit Bonus. Here are some of the conditions.
- XM $30 Bonus is only eligible for new clients.
- Clients must claim the free bonus within a 30-day of opening account.
- Eligible Client must hold only one account per 1 Unique IP address.
- No Deposit Bonus can’t be transferred between live trading accounts in XM.
