Written by Fxigor
in FAQ,XM.com review
The XM $30 No Deposit Bonus promotion is designed to provide a risk-free opportunity to experience the world of financial markets and practice your trading skills. Whether you’re a seasoned trader looking to try new strategies or a beginner curious about trading dynamics, this promotion offers a perfect chance to get started.
In this introduction, we’ll walk you through the XM $30 No Deposit Bonus promotion details, including what it entails, how to qualify, and the benefits you can expect to gain from participating. So, let’s dive in and explore the exciting possibilities that await you with XM’s generous offer!
So can traders withdraw profit from XM.com’s $30 Bonus no live deposit account?
XM $30 Bonus Withdrawal Conditions in 2023.
XM bonus withdrawal is possible but only for profits. Each trader can withdraw all profits on a live account based on XM 30 bonus withdrawal conditions (No deposit trading bonus scheme terms and conditions five, pages document). $30 bonus money can not be withdrawn – only profits. But a trader can withdraw profit money only if their account has a trading volume of 5 standard lots.
Key XM $30 Bonus Conditions in 2023.
- The No Deposit Bonus Scheme may be offered occasionally to new clients who open real trading accounts with XM, based on XM’s discretion.
- The offer is intended for legal adults who can form legally binding contracts per the laws applicable in their country of residence.
- Minors or anyone under 18 or the legal age in their country cannot participate in the scheme.
- Intermediaries or related parties cannot participate. XM reserves the right to disqualify participants if their registration and trading data match.
- Employees or associates of XM, or the specific websites and social networks on which the promotions are run, are not eligible.
- The bonus amount is 30 USD or its equivalent in other currencies. To activate it, eligible clients need to perform phone number verification.
- The scheme applies only to new clients of XM.
- Each client is allowed one No Deposit Trading Bonus Account per unique IP address.
- Profits from the bonus accounts can be withdrawn after trading volume reaches at least ten micro lots (0.1 standard lots) and after completing at least 5 round turn trades.
- The bonus can’t be transferred between live trading accounts with XM.
- The bonus may take up to 24 hours to be credited to an eligible client’s account.
- Any withdrawal of funds will result in the proportionate removal of the previously awarded trading bonus.
- Internal transfers between accounts will result in the proportionate movement of previously credited bonuses.
- XM reserves the right to decline or disqualify any participant and to discontinue the scheme.
- Clients can opt out of the scheme by sending a request to nobonus@xm.com.
- XM can amend, terminate, or alter the scheme at any time, with prior notice given to clients.
- Any suspicion of arbitrage, abuse, fraud, manipulation, or other deceitful activities will nullify all previously credited bonuses and related profits or losses.
- If an account becomes dormant, all previously awarded bonuses will be withdrawn.
- No partner’s commissions are paid for trading on bonus funds.
- This promotion can only be redeemed once by an eligible client.
- Participants are deemed to accept these terms and conditions and XM’s Business Terms and Policies.
- The Laws of the Republic of Cyprus govern the scheme. XM will resolve any dispute or uncovered situation most fairly.
Please review the detailed terms and conditions on XM’s official site to ensure you fully understand the requirements and stipulations.
The $30 free bonus no deposit promotion is not the only one XM.com broker offers.
You can read the full description of bonus terms in the pdf document:
XM deposit and withdrawal methods are Credit cards, bank wire, Skrill, Neteller, and various electronic payment methods.
The trading bonus can use only non-European Union residents. Therefore, potential EU clients can not use forex or any CFD bonus. However, other broker promotions are usually available for all clients.
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Trader at Leanta Capital
Igor has been a trader since 2007. Currently, Igor works for several prop trading companies.
He is an expert in financial niche, long-term trading, and weekly technical levels.
The primary field of Igor's research is the application of machine learning in algorithmic trading.
Education: Computer Engineering and Ph.D. in machine learning.
Igor regularly publishes trading-related videos on the Fxigor Youtube channel.
To contact Igor write on:
igor@forex.in.rs
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Igor has been a trader since 2007. Currently, Igor works for several prop trading companies.He is an expert in financial niche, long-term trading, and weekly technical levels.The primary field of Igor's research is the application of machine learning in algorithmic trading.Education: Computer Engineering and Ph.D. in machine learning.Igor regularly publishes trading-related videos on the Fxigor Youtube channel.To contact Igor write on:igor@forex.in.rs
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As a seasoned trader with over a decade of experience and expertise in the financial markets, particularly in algorithmic trading and machine learning applications, I bring a wealth of firsthand knowledge to discuss the XM $30 No Deposit Bonus promotion and its intricacies. My background includes working for multiple proprietary trading companies, and I regularly share insights through my contributions to the Fxigor platform and YouTube channel.
Now, let's delve into the key concepts and information presented in the article:
1. XM $30 No Deposit Bonus Overview:
- The XM $30 No Deposit Bonus promotion is designed to provide a risk-free opportunity for individuals to experience the financial markets and practice trading skills.
- It caters to both seasoned traders exploring new strategies and beginners curious about trading dynamics.
2. Eligibility and Activation:
- The offer is for legal adults eligible to form legally binding contracts according to their country's laws.
- Minors, individuals under 18, or those below the legal age in their country cannot participate.
- Intermediaries or related parties are not eligible, and XM reserves the right to disqualify participants based on registration and trading data.
3. Bonus Conditions:
- The bonus amount is $30 USD (or equivalent in other currencies).
- To activate the bonus, eligible clients must perform phone number verification.
- Profits from the bonus can be withdrawn after reaching a trading volume of at least ten micro lots (0.1 standard lots) and completing at least 5 round-turn trades.
- The $30 bonus itself cannot be withdrawn, only the profits.
4. Withdrawal and Account Management:
- Withdrawal of funds results in a proportionate removal of the awarded trading bonus.
- Internal transfers between accounts lead to the proportionate movement of previously credited bonuses.
- XM reserves the right to decline or disqualify participants and can amend or terminate the scheme with notice.
5. Additional Information:
- The offer is occasional and subject to XM's discretion.
- Only one No Deposit Trading Bonus Account is allowed per unique IP address.
- Participants can opt out of the scheme by sending a request to nobonus@xm.com.
- Any suspicion of arbitrage, abuse, fraud, or deceitful activities will nullify bonuses and related profits or losses.
6. Deposit and Withdrawal Methods:
- XM deposit and withdrawal methods include credit cards, bank wire, Skrill, Neteller, and various electronic payment methods.
- The trading bonus is available only for non-European Union residents.
7. Conclusion and Additional Promotions:
- The article mentions that the $30 free bonus is not the only promotion offered by XM.com.
- Interested individuals are encouraged to read the full description of bonus terms in the provided PDF document.
In conclusion, the XM $30 No Deposit Bonus promotion offers a comprehensive opportunity for traders to engage in the financial markets with certain conditions and guidelines in place. It's crucial for participants to review the detailed terms and conditions on XM's official site to ensure a clear understanding of the requirements.