This article explains the No Deposit Trading Bonus Scheme — Terms and Conditions document published by XM in English (the same material as our on-site copy: XM-No-Deposit-Trading-Bonus_EN.pdf). It is educational, not legal advice. Binding terms are those XM presents when you register and in your Members Area; campaigns vary by region and time — use our XM $30 no-deposit bonus page for FAQs and context, or go straight to XM through our tracked homepage redirect (affiliate path; lands on XM).
Quick links: Tracked XM homepage · Bonus landing · How to claim the $30 bonus step by step · Broader rules, KYC & FAQ
Who publishes these terms?#
The document describes Trading Point of Financial Instruments Ltd, trading as XM — a Cypriot Investment Firm (CIF) registered in Nicosia (HE 251334) and regulated by CySEC (license 120/10). The scheme is part of XM Business Terms and Policies; these conditions work as an annex to those policies.
Who can participate (eligibility)?#
In summary, the official text states:
- The offer is for XM clients who meet the eligibility criteria defined in the terms.
- XM may run the scheme through specific websites and/or social networks (promotions, surveys, etc.). Availability is at XM’s discretion for eligible clients, countries, and regions, and for whatever period XM chooses.
- Only people who can enter legally binding contracts in their country may join. Minors (under 18 or under the legal age where they live) cannot participate.
- Intermediaries and related parties are not allowed to participate. If registration or trading data (including IP address) matches another participant’s data, XM may disqualify immediately. “Related parties” includes family (spouse, siblings, ancestors, descendants, etc.) and entities under common control (control = power to direct management, including via voting rights or similar).
- People associated with XM or with the sites running the promotion (employees, partners in that context, etc.) cannot take part.
What you receive and how it is activated#
Eligible clients who qualify can receive a no-deposit trading bonus of 30 USD (or currency equivalent).
To activate and credit the bonus, eligible clients must complete phone number (SMS) verification for this offer in the dedicated option in the Members Area (as described in the official document).
Other specific rules in the PDF include:
- The scheme applies only to new clients of XM.
- One No Deposit Trading Bonus account per unique IP address. Multiple registrations from the same IP are not allowed, nor multiple such accounts with the same personal details.
- Profits generated from trading on these accounts may be withdrawn in line with XM’s withdrawal procedure.
- The bonus credit applied under these rules cannot be transferred between XM live trading accounts.
General rules: timing, use of bonus, withdrawals#
Crediting delay: The bonus may take up to 24 hours to appear after you meet the criteria.
Bonus is for trading only: The scheme applies to clients who open a real account under these rules. Granted trading bonuses may be used for trading purposes only and cannot be withdrawn as cash (per the document).
When you withdraw — bonus is removed in proportion: Any withdrawal from your real account(s) can cause removal of previously awarded trading bonus(es) in proportion to the percentage of the withdrawal relative to the balance the document refers to. The official PDF includes worked examples:
Example 1 (bonus + profit, withdrawal from available balance)
| Item | Amount (USD) |
|---|---|
| No Deposit Trading Bonus | 30 |
| Profits from trading with the bonus | 100 |
| Balance available for withdrawal | 100 |
| Requested withdrawal | 40 (40% of the 100 available) |
| Trading bonus removed | 12 (40% of the 30 bonus) |
Example 2 (bonus + own deposit + profit)
| Item | Amount (USD) |
|---|---|
| No Deposit Trading Bonus | 30 |
| Your deposit | 500 |
| Profits from trading | 100 |
| Balance available for withdrawal | 600 |
| Requested withdrawal | 360 (60% of 600) |
| Trading bonus removed | 18 (60% of the 30 bonus) |
Internal transfers: If you move funds between XM trading accounts, bonuses on the sending account move proportionally with the transferred balance to the receiving account. No new bonus is credited on the receiving side. If the receiving account cannot hold bonuses, the corresponding bonus share may be deducted from the sender and not credited elsewhere — so that portion can be nullified.
Other points from the general section:
- Trading bonuses cannot be separately transferred between or from accounts in the way of a standalone “bonus transfer.”
- Dormant accounts: If an account becomes dormant, all previously awarded trading bonuses on that account can be removed immediately.
- Partner commissions are not paid on trades executed using bonus funds (per the document).
- The promotion may be redeemed only once per eligible client.
- Participation means acceptance of these terms and XM’s Business Terms and Policies on the website.
Disqualification, abuse, and changes#
XM may refuse registration or disqualify anyone who tampers with the scheme or breaches these terms or other XM policies. XM is not liable for consequences of bonus cancellation or decline, including stop-out or order closures.
XM may stop offering the scheme; affected clients are to be informed by email. Clients may opt out at any time by writing to [email protected]; the relevant team will process the request.
XM may alter, amend, or terminate the scheme; prior notice should be given and changes posted on the website. Continuing to participate after changes means acceptance. If terms are translated, the English version prevails if there is a conflict.
Abuse / arbitrage: Any reasonable suspicion of arbitrage (including “risk-free” profiting), abuse (e.g. trading patterns suggesting the aim is only to extract financial benefit from the bonus without genuine market interest or risk), fraud, manipulation, or deceitful activity may result in voiding credited bonuses and related trades/profits or losses, account closure or suspension, order cancellation, and annulment of profits. Again, XM disclaims liability for consequences such as stop-out.
Risk disclosure#
The document ends with a standard reminder: Forex and CFD trading carry significant risk to capital. Our bonus page summarizes context and disclaimers. To continue to XM, use tracked homepage or the CTAs on the bonus page. After registration, read XM’s full Risk Disclosure in your Members Area.
How this page helps Google and AI systems#
- Entity clarity: XM as CySEC-regulated CIF, document type = promotional trading bonus scheme annexed to business terms.
- Actionable facts: 30 USD (or equivalent), SMS verification in Members Area, new clients, one per IP, profits withdrawable per procedure, bonus not withdrawable, proportional bonus removal on withdrawals (with numeric examples from the PDF).
- Primary source: Official English PDF on ForexTradeLab — for eligibility and live signup, use tracked XM homepage or our bonus landing page (same PDF terms apply; campaign availability is confirmed in XM’s flow).
