XM Broker Review – Forex No Deposit Bonus Broker

XM Broker Review – Forex No Deposit Bonus!

XM Broker is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009, and the Cyprus Securities and Exchange Commission regulates it (CySEC 120/10); Trading Point of Financial Instruments Pty Ltd was established in 2015, and it is regulated by the Australian Securities and Investments Commission (ASIC 443670), and Trading Point of Financial Instruments UK Ltd was established in 2016. In addition, it is regulated by the Financial Conduct Authority (FCA 705428). XM Global Limited was established in 2017 with headquarters in Belize and is controlled by International Financial Services Commission (IFSC/60/354/TS/17). They are highly regarded for offering a range of MT4/MT5 platforms across various workstations.

XM includes several account types, such as a Micro Account, a Normal Account, and an XM Zero Account. These account types appeal to certain kinds of traders.

XM Broker Review – Forex No Deposit Bonus

Dealers can start a demo account with a $100,000 virtual balance or a real money account with a $25 / $ 30$ trading no deposit bonus.

XM Broker Review – Bonuses & Advantages:

  • 30$ No Deposit Bonus – Click Here To Open An Account
  • 50% deposit bonus up to $500 and a 20% deposit bonus up to $5000. Trading bonuses are not eligible for clients registered under Trading Point of Financial Instruments Ltd and Trading Point of Financial Instruments UK Ltd.
  • Free Demo Trading Account Without Deposit
  • Mobile Trading Platform
  • Islamic Account
  • Free VPS Services
  • Free Trading Signals
  • Minimum Deposit 5$ ONLY
  • Leverage: up to 1:30. Leverage applies to all the EU-regulated entities of the group. Power depends on the financial instrument traded and on the client’s country of residency.
  • Spread on all majors: As low as one pip and As low as zero pip for XM Zero Account.
  • Commission: $7 at XM Zero account

The trading programs in XM comprise MetaTrader 4 and MetaTrader 5, without rejections without requotes. Leverage ranges from as few as 1:1 entirely up to 500:1. The broker provides an assortment of many money pairs, gold and silver coins, energies, equity indices, and cryptocurrencies.

Customer care can be found in 5 nations. These include Greece, Australia, Cyprus, Hungary, and Great Britain. Customer care can be obtained 24/5 GMT.

XM Broker is an industry pioneer in forex currency trading. FX dealers can enjoy demonstration Account trading or perhaps a real money account at the click of a single button. Traders from controlled authorities can enroll at XM and exchange to get Real-money. The personalized MT4 system is to the cash, whatever money you use.

Please read our website for more Forex No Deposit Bonuses. In addition, we have more Forex reviews, not only XM Broker Reviews!

XM Broker Review – Forex No Deposit Bonus

XM Broker is an award-winning Forex and CFD broker operating since 2009. The company is headquartered in Cyprus and regulated by CySEC, ASIC, and IFSC. Its global presence serves clients from over 196 countries with over 3.5 million registered traders on its platform.

What is a Forex no-deposit bonus?

A Forex no-deposit bonus is a promotion offered by Forex brokers to new traders. The bonus allows traders to start trading without risking their own money. Instead, the broker will deposit a certain amount of money into the trader’s account, which can be used to change in the Forex market. The trader can withdraw the profits from selling the bonus, but the bonus itself cannot be removed.

XM Broker no deposit bonus

XM Broker offers a $30 no-deposit bonus to new traders. To claim the bonus, traders must register for an account, verify their phone number and email address, and complete a questionnaire. Once the account is approved, the prize will automatically be credited to the trader’s account.

The bonus can be used to trade in Forex, metals, and CFDs, and the profits made can be withdrawn after trading five lots. The maximum profit that can be drawn is $60.

Account types

XM.com offers three types of trading accounts: Micro, Standard, and XM Zero. The Micro account is suitable for beginners, with a minimum deposit of $5 and a maximum leverage of 1:888. The Standard account is designed for more experienced traders, with a minimum deposit of $5 and a total power of 1:888. Finally, the XM Zero account is for professional traders, with a minimum deposit of $100 and a full capacity of 1:500.

Trading platforms

XM.com offers two leading trading platforms: MetaTrader 4 and MetaTrader 5. Both platforms are available on desktop, web, and mobile. The user-friendly media offer advanced charting tools, technical indicators, and Expert Advisors.

Education and research

XM Broker offers various educational and research materials to help traders improve their skills and knowledge. The broker provides webinars, video tutorials, e-books, and daily market analysis. In addition, the education section on the website is comprehensive and covers topics such as Forex basics, trading strategies, and risk management.

Customer support

XM Broker offers 24/5 customer support in over 30 languages. Traders can contact the broker via live chat, phone, email, or request a callback. The customer support team is knowledgeable, friendly, and responsive.

Pros and cons

Pros:

  • No deposit bonus to start trading without risking your own money
  • Multiple account types and trading platforms to choose from
  • Comprehensive educational and research materials
  • Excellent customer support

Cons:

  • The maximum profit that can be withdrawn from the no-deposit bonus is limited
  • The XM Zero account requires a higher minimum deposit and is only suitable for professional traders

Conclusion

XM.com is a reliable and trustworthy Forex broker that offers a no-deposit bonus to help new traders start their journey in the Forex market. The broker has a global presence, multiple account types trading platforms, and comprehensive educational and research materials. The customer support is excellent, and reputable authorities regulate the broker.

If you are looking for a broker to start your Forex trading journey, XM.com is worth considering.

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