How to get XM 70% extra deposit bonus
Are you looking for a deposit bonus plan with minimum requirements?XM broker offers two-tier bonus with minimum deposit of only $5。
Are you looking for a deposit bonus plan with minimum requirements?XM broker offers two-tier bonus with minimum deposit of only $5。
For many years, XM has been known as the leading broker, offering a fast trading platform, a large selection of assets and excellent customer support.。However, if you are a complete beginner, you should definitely consider this broker。If you are looking for a popular broker with interesting trading conditions and a variety of special trades, XM Broker may be your first choice。
XM Deposit Bonus Introduction
Once you open any MT4 / MT5 live trading account at XM, you will be entitled to a two-tier bonus in addition to the initial deposit。Keep in mind that you need to be at least 18 years old or legal age in your country and not affiliated with the company in any way to be eligible for this program。The broker bonus applies to deposits of any amount from $5 or the equivalent, but certain conditions need to be considered, which we will explain in detail below。
Customers who meet the criteria of the bonus plan will receive a deposit bonus based on the amount of the deposit. The bonus is divided into two levels:
- 50% bonus for the first or subsequent deposit amount in the company's real account, with a maximum bonus limit of $500 or equivalent。
Additional bonus of 20% for the first or subsequent deposit amount in the company's real account, with a maximum bonus limit of $4500 or equivalent。
A qualified customer can receive a maximum bonus of $5000 from the two-tier system。
For example, if you deposit $200, you will be entitled to a 50% bonus, equivalent to $100 in your XM trading account, and there will be a total of $300 in the account balance。
So how does the two-tier system work??
Since the maximum limit is $500, this means that the maximum deposit amount for your 50% bonus is $1,000。XM subsequently decided to add an additional 20% to the remaining deposit amount, up to a maximum of $4,500。
This means that if you deposit $2,000, you can get 50% of $1,000 + another 20% of $500, and your account balance totals $2,700, which is basically how the two-tier system works。
To help you further, the following shows how the bonus system works and summarizes the mathematical principles behind it。
Your deposit | Trading bonus | The bonus you get | Transaction fund balance |
$5 | $5*50% | $2.50 | $7.50 |
$1000 | $1000*50% | $500 | $1500 |
$2000 | $1000*50% + $1000*20% | $500 + $200 = $700 | $2700 |
$5000 | $1000*50% + $4000*20% | $500 + $800 = $1300 | $6300 |
$10,000 | $1000*50% + $9000*20% | $500 + $1800 = $2300 | $12,300 |
$20,000 | $1000*50% + $19,000*20% | $500 + $3800 = $4300 | $24,300 |
$23,500 | $1000*50% + $22,500*20% | $500 + $4500 = $5000 | $28,500 |
Please note that bonuses may take up to 24 hours to appear in your trading account。Moreover, the deposit bonus system is not a one-off and remains in effect until the bonus limit is reached, i.e. the bonus accumulates to $5,000.。
The program is available to both new and existing customers as long as the campaign is active and the limit has not been reached。
Bonus Limits and Withdrawal Policy
First of all, it should be noted that the deposit bonus scheme is not available to holders of ultra-low and stock accounts。So opening an ultra-low account or stock account can cause you to miss out。
Another thing is that bonuses cannot be immediately withdrawn or transferred to a different trading account。Any withdrawals will result in the previously offered deposit bonus being deducted as a percentage of the requested withdrawal amount。Assuming you deposit $1000 and receive a $500 bonus (50%), your decision to withdraw $250 (25% of $1000) before making any transaction will result in a deduction of $125 (25% of the bonus) from the withdrawal amount.。
In order to be able to take advantage of the bonus, you need to trade accordingly and then cash in the profit。In other words, bonuses are not free money that can be withdrawn immediately。Instead, you can use it to increase the size of your position and generate greater profits from trading。
You can also cancel the bonus at any time by sending a request to [email protected]。The XM Broker team will process your request shortly and send a notification upon completion。
Conclusion
XM Deposit Bonus Program offers a great opportunity to improve trading performance without having to complete difficult tasks。All you need to do is deposit some funds into a real trading account and receive a bonus within 24 hours, then you can use the bonus to trade and withdraw profits at any time。While this can certainly help newbies find their way, it also provides a good reason for existing clients to continue trading with the broker。
XMIs a mature international company, has become a real leader in the trading industry, founded in 2009, with "fair, honest, reliable" as the main principle。XM supports no re-quotes and real-time execution, traders can choose from more than 10 trading platforms suitable for any device。
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