Kouki-san

What are the withdrawal conditions for XM’s bonus? Can profits be withdrawn?

Hercules Finance Staff

XM’s bonuses cannot be withdrawn, but you can withdraw your own funds and profits at XM even after receiving a bonus. Moreover, only when receiving the account opening bonus at XM, there are simple trading conditions for withdrawing profits.

When withdrawing from a trading account that has received a bonus at FX broker XM (XMTrading), part or all of the bonus may be deleted.

It is more beneficial to plan your withdrawals after receiving a bonus at XM.

XM’s bonus cannot be withdrawn. Only the balance amount can be withdrawn.

FX broker XM (XMTrading)’s bonuses are funds that can be used for FX trading and are not cash that can be withdrawn.

XM’s bonuses are displayed in the credit section on MT5 (MetaTrader 5) and MT4 (MetaTrader 4).

When you receive a bonus at XM, it increases the credit, margin available, excess margin, and margin maintenance rate.

The funds that can be withdrawn from XM are only the amounts shown in the balance.

Latest list of bonuses↗

XM’s bonus disappears according to the withdrawal amount

The bonus that disappears upon withdrawal from FX broker XM (XMTrading) is calculated using the following formula.

When you withdraw from XM, the disappearing bonus is calculated automatically and deleted automatically, with no specific notifications such as “This withdrawal will eliminate XX USD of your bonus”.

Are there any withdrawal conditions for profits with XM’s bonus?

At FX broker XM (XMTrading), there are almost no special withdrawal restrictions or conditions for bonuses.

The only account opening bonus at XM that requires completing a total of 0.1 lots and a total of 5 trades before you can withdraw profits.

What is the account opening bonus?

Profit Withdrawal Conditions for XM’s Account Opening Bonus

Below are the profit withdrawal conditions for the account opening bonus at XM (XMTrading).

• Example of a total of more than 0.1 lots of trading
  ・・・If trading FX currency pairs like USD/JPY, completing a total transaction of 10,000 currency units is considered completed
• Example of a total of more than 5 trades
  ・・・Completing an order and settling it counts as one trade, completing 5 trades is considered completed

The profit withdrawal conditions for XM’s account opening bonus are easier than those for account opening bonuses at other brokers like FXGT.

What happens to bonuses when you transfer funds at XM?

Mr. Yen-Dollar

Can you receive XM bonuses in all trading accounts when you have multiple accounts? What happens to the bonus when you transfer funds to a newly opened trading account?

Hercules Finance Staff

You can receive bonuses in a newly opened XM account just as in your existing accounts. However, you cannot receive bonuses if you’ve reached the maximum limit for bonuses.

When you transfer funds to a newly opened trading account at XM, the bonus will also transfer if it’s a standard or micro account. If it’s a KIWAMI or zero account, the bonus will disappear.

When you transfer funds at XM (XMTrading), the bonus may either transfer with the funds or disappear.

The bonus that transfers or disappears can be calculated using the same formula as for withdrawals at XM:

Also, you cannot receive a deposit bonus for funds transferred into a trading account at XM.

Receiving a deposit bonus at XM is only applicable to new deposits.

Open additional accounts and transfer funds↗

Account types at XM that can receive bonuses and those that cannot

When you transfer funds to a trading account type at XM (XMTrading) that does not receive bonuses, the bonus will disappear.

The table below summarizes the relationship between fund transfers and bonus transfers/deletions at XM:

XM does not support tricks like “fund removal without notice” as you might find with Exness.

When does the XM bonus disappear?

Mr. TTTTT

How can the XM bonus decrease? Does it decrease if a stop loss is triggered?

Hercules Finance Staff

The XM bonus does not disappear entirely even if a stop loss is triggered.

The XM bonus disappears in four cases: “When the account becomes dormant after 90 days of inactivity,” “when a withdrawal is made,” “when funds are transferred to an account that cannot receive bonuses,” and “when losses exceed the balance.”

The XM (XMTrading) bonus decreases in the following situations:

• When the account becomes dormant after being inactive for more than 90 days
• When a withdrawal is made from a trading account that received a bonus
• When funds are transferred to a KIWAMI Extreme or Zero account that cannot receive bonuses
• When losses exceed the funds deposited and profits earned
• When XM determines a violation of the bonus terms and conditions

XM’s bonus has a cushion feature, so you can continue trading FX even if the balance reaches 0 USD, as long as there is still bonus credit remaining.

Latest list of bonuses↗

What is an XM bonus reset?

XM (XMTrading) occasionally runs limited-time campaigns known as bonus resets or bonus revivals.

Below are the records of resets (revivals/additions) for each XM bonus.

Even if the XM bonus is reset, the bonuses you are currently receiving do not disappear, nor do bonuses that have reached their maximum limit revive.

Current XM bonuses will not disappear

The reset or revival of XM bonuses used to mean that previously received bonuses could be received again, but now it means that bonuses are added instead.

For example, if you open an account during the period of a 100% deposit bonus reset (revival) at XM, you can receive twice the usual 100% deposit bonus.

Check the status of the bonus reset↗

When does the XM bonus reset (bonus revival) occur?

XM’s bonuses are reset several times a year.

Below is the 2024 record of XM’s 100% deposit bonus reset:

When XM’s 100% deposit bonus is reset (revived), it is announced on the official X page of Hercules Finance.

Where can you check for bonuses available at XM?

Mr. SSS

Where can you check for bonuses and cashbacks you can receive at XM?

Hercules Finance Staff

You can check XM’s bonuses on your My Page (my.xmtrading.com)

Limited-time cashbacks and similar promotions at XM can be checked on the XM promotions page.

XM (XMTrading) bonuses and cashbacks are differentiated as follows:

The page where you can check XM bonuses and cashbacks most extensively is the XM account opening campaign page.

Check the bonus↗

Check XM bonuses on My Page

The My Page at XM (XMTrading) where you can check bonuses should be checked daily.

Some of XM’s limited-time campaigns like the TRADE&WIN and DAZN promos require you to register from My Page (my.xmtrading.com).

My Page is here↗

Check XM cashback at Hercules Finance

XM (XMTrading) account opening cashback and per-trade cashback, as well as cashback accounts, are not displayed on My Page.

You can check these on the XM account opening campaign page.

Usually, even if you receive an XM bonus, you can still receive cashback.

Efficient Use of XM’s Bonuses

Here we explain how to efficiently use bonuses at XM (XMTrading).

When opening your first account at XM and receiving a bonus, don’t forget the following three points:

1. If you opt for the 100 USD Challenge, deposit half, which is 50 USD, of your own funds.
2. Try hard for the first month to get 50 USD.
3. Once you accumulate XM points, promptly exchange them for bonuses.

Initially, instead of aiming to receive many bonuses at XM, it’s recommended to understand how much bonus you can receive and to use bonuses to reduce the amount of your own funds needed for deposits.

1. Consider XM’s deposit bonuses when depositing your own funds

When using XM’s account opening and deposit bonuses, you can reduce the funds you were planning to start FX with by more than half.

Below are examples of receiving XM’s 100% and 20% deposit bonuses:

For instance, if you wanted to start FX with 1000 USD, at XM you would only need to deposit 500 USD of your own funds.

Examples of receiving deposit bonuses↗

If you’re doing the 100 USD Challenge at XM, 50 USD of your own funds is enough

Hercules Finance Staff

Traders who want to start the FX 100 USD Challenge can do so at XM without their own funds, thanks to the account opening bonus giving you more than 100 USD.

If you want to undertake the 100 USD Challenge without including the account opening bonus, you can still do so with 50 USD of your own funds, thanks to the 100% deposit bonus.

However, as having more funds reduces the risk of loss in FX, if you are planning to undertake the 100 USD Challenge with 100 USD of your own funds, you could start with 300 USD in total—100 USD from the account opening bonus, 100 USD of your own funds, and 100 USD from the 100% deposit bonus.

If you’re a trader looking to take on the XM 100 USD Challenge, you only need 50 USD of your own funds.

Initially, you can start FX with the 100 USD Challenge at XM for free, just with the account opening bonus, as XM allows you to continue trading even if you lose more than 50 USD, thanks to the remaining bonus balance.

Take on the 100 USD Challenge↗

2. The first month at XM is the most beneficial when you receive account opening cashback

XM (XMTrading) is most advantageous during the first month after account opening.

At XM, if you open an account, you receive a 100 USD account opening bonus for the first 30 days, and if you achieve a total of 10 lots within one month, you receive an additional 50 USD account opening cashback.

Many XM traders achieve the total of 10 lots for the account opening cashback within one month of account opening.

Below is an example of the required margin when ordering USDJPY at 150 JPY per USD on XM’s high leverage 1000 times standard account.

Below is the profit or loss per 1 cent (1 pip) movement for each lot.

If you start FX with XM’s account opening bonus, it’s safe to place orders of 0.1 lot or less initially to enjoy FX without too much risk.

3. Regularly exchange XM Points for bonuses before they expire

Hercules Finance Staff

You can exchange XM Points for bonuses anytime as long as you have 3 XMP or more.

XM Points should be regularly exchanged on your My Page at XM (XMTrading) (my.xmtrading.com).

The validity period for XM Points is one year, so if you leave them untouched, they will naturally expire.

Also, the conversion rate for XM Points is the same for any trader at any time, so there’s no need to wait for a more beneficial period to exchange them.

Check and exchange XM Points↗

Inefficient Ways to Use XM’s Bonuses

When starting FX with a bonus at XM (XMTrading), be aware of the only five fees that occur at XM and try to avoid any unnecessary payment of these fees.

• Deposit fees
• Transaction fees
• Withdrawal fees
• Currency conversion fees (during fund transfer)
• Withdrawal fees

All five of XM’s fees can be completely avoided, making them entirely free.

It’s wasteful to pay deposit fees through online wallets like bitwallet or BXONE

While deposit and withdrawal fees at XM (XMTrading) are usually free, using services like online wallets can incur fees.

Considering time, effort, and fees, bank deposits and card payments are recommended at XM.

List of deposit and withdrawal methods↗

It’s wasteful to trade in a zero account without a specific purpose due to transaction fees

At XM (XMTrading), FX and CFD trading usually do not involve transaction fees.

However, at XM, if you choose a special account type called a “top account,” such as the Zero Account, every transaction incurs transaction fees (buying and selling fees).

If you want to receive all bonuses at XM, choose the Standard Account. If you want to trade USDJPY or gold swap-free, choose the KIWAMI Extreme Account.

Differences and comparisons of account types↗

It’s wasteful if you leave your account inactive for more than 90 days and incur account maintenance fees or lose bonuses

Account maintenance fees at XM (XMTrading) should be avoided at all costs, regardless of the circumstances.

Avoid all unnecessary fees at XM, such as deposit, withdrawal, transaction, and currency conversion fees, and efficiently receive bonuses to increase your funds.

Account Opening Benefits Other Than XM’s Bonuses

At XM (XMTrading), in addition to bonuses and cashbacks related to FX and CFD trading, there are also account opening benefits.

• Loyalty program
• Friend referral bonus
• Free VPS
• Swap-free

All the above account opening benefits at XM can also be checked on the XM account opening campaign page.

XM’s Friend Referral Bonus (Friend Referral Program)

At XM (XMTrading), you can also receive a bonus for referring friends.

XM’s friend referral bonus (friend referral program) was renewed in the summer of 2024.

Check the friend referral bonus here↗

XM’s Free VPS Hosting

XM (XMTrading) is running a campaign where you can use EA and trading signals for automatic trading for free.

You can check XM’s free VPS hosting service on the promotions page of the official site (xmtrading.com).

FAQs to summarize the article

What are XM’s bonuses?

XM offers several types of bonuses, including a $100 account opening bonus, up to $10,000 in deposit bonuses, and various cashback options, enhancing traders’ financial capabilities.

How can new traders benefit from XM’s bonuses?

New traders can leverage XM’s bonuses within the first 30 days of account creation, gaining significant financial leverage without strict conditions.

Are there any special promotions apart from regular bonuses at XM?

Yes, XM offers promotions like TRADE&WIN and a loyalty program, rewarding traders with points that can be converted into trading credits.

What are the disadvantages of XM’s bonus system?

The main disadvantages include wide spreads and a withdrawal fee for small bank transfers, although the financial benefits often outweigh these.

How can traders manage their bonuses at XM?

Traders can conveniently monitor and manage their bonuses through XM’s user-friendly platform, My Page, maximizing their trading potential.

What is the TRADE&WIN promotion at XM?

The TRADE&WIN promotion rewards traders with points convertible into trading credits, offering more opportunities to increase trading capital.

What are the withdrawal conditions for XM’s bonuses?

While XM’s bonuses themselves are not withdrawable, profits earned from trading with bonus funds can be withdrawn under specific conditions.

Does XM offer a loyalty program?

Yes, XM’s loyalty program awards points for trading activities, which can be redeemed for trading credits or other rewards.

Are there time limits or expiration dates for using XM’s bonuses?

XM’s bonuses typically do not expire but must be activated or used within certain time frames, particularly beneficial within the first 30 days of account creation.

Can bonuses be used in conjunction with other trading accounts at XM?

Yes, bonuses can be used across different account types at XM, although terms may vary depending on the account specifics and promotion details.