XM $50 No Deposit Bonus: How It Works and Who Can Apply
Find out how the XM $50 no deposit bonus works, who can claim it, which countries are eligible, and what you must do before withdrawing any profits. Trading involves risk.
A no deposit bonus lets a new trader open an account and test a broker's platform without funding it first. XM offers a $50 no deposit bonus to eligible new clients. This guide explains how the offer works, where it is available, who can claim it, and what you need to do before you can withdraw any profits made with it. The short version: the bonus credit itself can't be withdrawn, but profits from trading with it may be, once you meet specific volume and trade-count conditions.
Brokers use bonuses like this to attract new account registrations. For traders, the offer is a low-cost way to try the platform, place orders and see how the account works in practice. It isn't free money in the usual sense. The bonus credit can't be withdrawn, and any withdrawal of profits depends on meeting the trading conditions set out in the terms.
Risk warning: your capital is at risk. Leveraged products may not be suitable for everyone.
How the XM $50 No Deposit Bonus Works
XM's No Deposit Trading Program gives eligible new clients $50 in trading credit after they register. You don't need to deposit your own money to receive it. You do need to meet XM's requirements before any profits from trading with the bonus can be withdrawn. Think of the credit as trading capital you can use to open positions, not as cash you can take out.
The program is aimed at people who have never opened a real account with XM. Terms and conditions apply, and offer availability may vary by country.
Eligibility requirements
- You must be a new client who has not previously opened a real account with XM.
- You must complete the required phone verification by SMS, voice call, or both, during registration.
- You must live in a country where the promotion is offered.
- You must open a Standard Account, the only account type that qualifies.
If any of these conditions doesn't apply to you, the $50 offer will not be available through that registration, so check them before you sign up rather than after.
Where the XM No Deposit Bonus Is Available
XM doesn't offer this promotion in every country. At the time of writing, the eligible-location list we checked includes the following countries:
- Malaysia
- United Arab Emirates
- Brunei
- Singapore
- Bolivia
- Brazil
- Chile
- Colombia
- Costa Rica
- Dominican Republic
- Ecuador
- El Salvador
- Guatemala
- Honduras
- Mexico
- Panama
- Paraguay
- Peru
- Uruguay
Being on this list doesn't mean XM holds regulatory authorization in every listed location. XM may also offer the bonus in other regions, so the most reliable check is the XM promotions page. If the $50 offer appears there when you sign up from your country, it is available to you.
If You Don't See the $50 Offer
If the $50 promotion isn't shown for your country, you may qualify for XM's $30 no deposit bonus instead. That offer is available in many countries but excludes the UK and EEA. Its terms also state that applicants must be at least 18 years old, and the promotion applies to the Standard Account.
The offer can be changed or ended
XM can withdraw or end the offer at any time. The terms for Singapore, for example, state that the No Deposit Trading Bonus Program is offered to new Singapore-based clients from June 24, 2021, for as long as XM chooses to provide it. Promotions change, so check the promotions page before you open an account to confirm the offer is still active. Any terms you read in an article, including this one, can be out of date by the time you act on them.
No Deposit Bonus Withdrawal Requirements
The $50 bonus itself cannot be withdrawn. You may, however, withdraw profits earned by trading with the bonus, but only after the relevant real account meets both of these conditions:
- A total trading volume of at least 10 micro lots, equal to 0.1 standard lots.
- At least five round-turn trades completed. A round-turn trade is a position that is opened and then closed.
In practice, a small profit from a handful of trades may not be withdrawable until you've traded enough volume. Before you start, estimate how long it would take you to reach both thresholds, and consider whether spreads and other trading costs would reduce any profit you make. A strategy that looks profitable on paper can end up with little or nothing left once costs are included.
| Item | What the XM $50 offer states |
|---|---|
| Bonus amount | $50 in trading credit |
| Deposit required | No |
| Qualifying account | Standard Account only |
| Minimum trading volume | 10 micro lots (0.1 standard lots) |
| Minimum trades | Five round-turn trades |
| What can be withdrawn | Profits from trading, not the bonus credit |
Before applying, it's also worth reviewing the broker's markets, platforms, account types and payment options, not only the bonus. Our XM Group review covers these areas in more detail.
What XM Offers Traders
According to the broker's materials, XM provides access to more than 1,400 instruments. These include forex, stocks, indices, energies, cryptocurrencies, shares and precious metals. The broker also offers several deposit bonuses for clients who fund their accounts, which are separate from the no deposit offer discussed here.
Clients can trade through MetaTrader 4, MetaTrader 5 and the XM Trading App. The MetaTrader platforms include charting and analysis tools, and XM promotes fast order execution across its trading services. Whether a platform suits you depends on your strategy, so it's worth testing the interface on the bonus account before committing your own funds.
Trading Accounts, Spreads and Fees
XM offers three main account types: Standard, XM Ultra Low and Shares. Only the Standard Account qualifies for the $50 no deposit promotion. The XM Ultra Low and Shares accounts are not eligible.
Trading costs also vary by account type. The figures below are starting points rather than guarantees, so check the account specifications in your client area before trading.
| Account | Eligible for $50 offer | Cost detail |
|---|---|---|
| Standard | Yes | Spreads starting at 1.6 pips on major currency pairs |
| XM Ultra Low | No | Spreads starting at 0.8 pips on major pairs |
| Shares | No | Charges depend on the exchange linked to the trade |
Because the Standard Account is the only one eligible, it's the account you would use to meet the withdrawal conditions. Higher spreads mean each trade starts slightly further from break-even, which matters when your volume target is small and your profits may be modest.
Deposit and Withdrawal Methods
XM supports several methods for depositing and withdrawing funds. These include credit and debit cards, wire transfers, local bank transfers, Skrill, Neteller, USDT, other cryptocurrencies and mobile money.
Available payment methods can differ by country. Check the options shown in your XM account before making a deposit or withdrawal, especially if you plan to withdraw trading profits made with the bonus. Confirm the method and processing details in the terms before you rely on them.
Is XM Regulated?
XM Group operates through several regulated entities. The regulators named in its materials include the Dubai Financial Services Authority (DFSA), the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Commission (FSC) in Belize.
The $50 promotion is offered through XM's FSC-regulated entity in Belize. The legal entity you open with, the protections that apply and your account terms depend on your country of residence. Review the relevant client agreement before opening an account. XM says it serves more than 15 million clients worldwide.
Key Takeaways on the XM $50 No Deposit Bonus
The XM $50 no deposit bonus gives eligible new clients a way to test the broker without depositing their own money. The bonus credit can't be withdrawn, but profits from trading with it may be withdrawn once you complete the required volume and trade-count conditions.
- Only new clients who open a Standard Account, complete phone verification and live in an eligible country can claim the $50 offer.
- The bonus credit itself cannot be withdrawn; only profits can, after 10 micro lots of volume and five round-turn trades.
- If the $50 offer isn't available to you, the $30 no deposit bonus may be an alternative outside the UK and EEA.
- XM can change or end the promotion at any time, so confirm the current terms on the promotions page.
- During registration, you may also be able to enter an XM partner code. Using a partner code doesn't cost extra and may provide access to educational materials.
Terms and conditions apply. Offer availability may vary by country. Your capital is at risk, and leveraged products may not be suitable for everyone.
FAQ
Can I withdraw the XM $50 no deposit bonus?
The bonus credit itself can't be withdrawn. You may withdraw profits made by trading with the bonus once the account reaches at least 10 micro lots (0.1 standard lots) of trading volume and completes at least five round-turn trades.
Which XM account qualifies for the $50 no deposit bonus?
Only the Standard Account qualifies. The XM Ultra Low and Shares accounts are not eligible for this promotion.
Is the XM $50 no deposit bonus available in my country?
The eligible-location list we checked includes countries such as Malaysia, Singapore, the United Arab Emirates, Brazil and Mexico, among others. XM may also offer the bonus elsewhere, so check the promotions page. If the $50 offer appears there, it is available in your country.
What if I don't see the $50 offer?
You may qualify for XM's $30 no deposit bonus instead. It is available in many countries but excludes the UK and EEA, and the promotion applies to the Standard Account.
Do I need to verify my phone to get the bonus?
Yes. You must complete the required phone verification by SMS, voice call or both during registration to qualify.
