XM offers a Loyalty Program where traders can accumulate points for trading activities, convert them into bonus credits, and enjoy various benefits, including compatibility with other promotions and different account options.
XM Loyalty Program Table of Contents
XM Loyalty Program
XM is a leading broker in the industry, extremely popular among traders for the impeccable quality of services offered. It is a broker strictly regulated by multiple supervisory authorities, operating based on two main principles: transparency and fairness. In fact, XM:
- Allows traders to know every detail of any available instrument or service, with no hidden fees or unclear usage conditions.
- Provides a fair service, where all clients can receive the same support, regardless of their deposit amount, trading volume, or experience in trading.
XM operates a unique trading environment that can adapt to any category of traders and is rich in cutting-edge tools and services for trading a wide range of instruments, with extremely favorable trading conditions (such as spreads starting from 0.0 pips, no trading commissions, deposit fees starting from zero, and much more).
With the primary goal of satisfying its customers, in addition to striving to find cutting-edge tools and services, the broker dedicates numerous resources to create exciting promotional initiatives. Bonuses and competitions are designed to support and encourage traders in their trading activities. Among these, the Loyalty Program is considered by traders to be the most stimulating. This initiative allows traders who consistently engage in trading to accumulate a certain amount of loyalty points for each traded lot. The accumulated points can be converted into bonus credits for trading.
In summary, this initiative does not require any registration or minimum deposit. Every trader with a real XM account will automatically participate in the program. For each traded lot, traders will receive loyalty points. The program is divided into “tiers” that vary based on the trading activity period. With each loyalty tier update, the quantity of XM points received per traded lot increases:
| Initial Executive Tier | Gold Tier | Diamond Tier | Elite Tier |
|---|---|---|---|
| 7 XM points per traded lot | 10 XM points per traded lot | 13 XM points per traded lot | 16 XM points per traded lot |
| Initial Tier | 30 days of active trading | 60 days of active trading | 100 days of active trading |
Whenever they deem it appropriate, traders can convert the accumulated loyalty points into bonus credits. The extra funds will be credited to the applicant’s account and can only be used for trading purposes. The formula for converting points into bonus credits is as follows: Bonus = Loyalty Points ÷ 3
Profits generated can be withdrawn at any time, but this will result in a proportional removal of the bonus:
| Loyalty Points | Received Trading Bonus | Profit Generated from Trading with Bonus | Deposit Amount | Available Withdrawal Balance | Requested Withdrawal Amount | Bonus Removal Amount |
|---|---|---|---|---|---|---|
| 3,000 | $1,000 (3,000 ÷ 3 = $1,000) | $1,500 | – | $1,500 | $750 (50% of $1,500) | $500 (50% of $1,000) |
| 900 | $300 (900 ÷ 3 = $300) | $200 | $300 | $500 | $225 (45% of $500) | $135 (45% of $300) |
| Promotion | XM Loyalty Program |
|---|---|
| Minimum Required Deposit | None |
| Withdrawal of Extra Funds | Not Available |
| Withdrawal of Profits | Available at Any Time |
| Compatible Accounts | Any XM account (excluding Ultra Low and Shares accounts) |
| Maximum Bonus Amount | Unlimited |
| Trading Restrictions | None |
| Compatibility with Other Offered Promotions | Yes |
How to Participate in the Program
There are no specific access conditions for the program. Any trader with a verified Standard or Micro XM account can accumulate loyalty points simply by engaging in regular trading activity.
To access the program, you only need to follow these simple steps:
- Open a real XM account.
- To participate in the program, interested individuals should visit the official XM website and sign up by clicking the “Open an Account” button, which can be found at the top right of the screen. On the next page, provide essential registration information such as name, surname, email address, phone number, and address. New clients will receive login credentials via email for accessing the member area.
- KYC Verification.
- To activate their account, new clients must provide proof of their real identity and country of residence. This requires submitting photos of a valid identification document and a document that verifies the country of residence (such as a recent utility bill containing the account holder’s address).
- Make a Deposit.
- Deposit the necessary funds to start trading and accumulate loyalty points.
- Redeem Rewards.
- Convert loyalty points into bonus credits for use in your trading activities.
It’s important to note that:
- It may take up to 24 hours for bonus funds to be credited to the applicant’s account.
- CFDs on cryptocurrencies are not eligible for generating loyalty points.
- Extra funds cannot be transferred between accounts under any circumstances.
- In case of a long period of inactivity, extra funds will be removed from the participant’s account.
- As it is compatible with other initiatives offered by the broker, loyalty points can be used concurrently with other active promotions.
- Traders with an “Executive Level” inactive for more than 30 days will lose all assigned XM points.
- If accumulated points are not redeemed within the 12-month time limit, the client will no longer be able to convert them into extra credits.
Accounts Compatible with the Program
As mentioned earlier, the program is open to all traders with a strictly verified Standard or Micro account. If an interested trader does not yet have an XM account and wishes to participate in the program, they can choose the account that best suits their needs by consulting the following account comparison table:
| Features | Micro Account | Standard Account |
|---|---|---|
| Base Currency Options | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, SGD, ZAR | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, SGD, ZAR |
| Contract Size | 1 lot = 1,000 | 1 lot = 1,000 |
| Maximum Leverage | Up to 1:1000 | Up to 1:1000 |
| Negative Balance Protection | Yes | Yes |
| Trading Commissions | None | None |
| Max Open Orders – Pending | 300 positions | 300 positions |
| Minimum Trade Volume on MT4 | 0.1 Lots | 0.01 Lots |
| Minimum Trade Volume on MT5 | 0.1 Lots | 0.01 Lots |
| Ticket Lot Limitation | 100 lots | 50 lots |
| Hedging | Allowed | Allowed |
| Swap | Yes | Yes |
| Islamic Account | Available | Available |
| Minimum Deposit | $5 | $5 |
Please note that if potential clients wish to receive additional information, they can visit the official website and consult the page dedicated to the types of accounts offered. Alternatively, they also have the option to contact the support team, which will promptly respond to any inquiries.
For more information, please inquire to XM Official Website Official Website directly. In order to participate to the Promotion, you must have a XM Account. If you haven't opened an account yet, please open one from here for Free.
XM official website is here.
Please click "Introduction of XM", if you want to know the details and the company information of XM.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...