Start forex trading free with the XM $50 no deposit bonus. See who can claim it, how to activate it and how to withdraw profits.
Risk warning: trading forex and CFDs is risky, and bonuses come with conditions you must read before you claim.
The XM Group $50 No Deposit Forex Bonus is open to traders in Singapore, UAE, Kuwait and several other countries. XM reports over 2.5 million clients since 2009. It advertises spreads starting at 0.0 pips and leverage up to 1:888.
The bonus lets you trade real markets: Forex, Metals and Indices. You can keep your profits after you meet the trading requirements. This guide covers how to claim the offer and withdraw profits, so you can start trading right away to maximize this risk-free chance. Always read the full terms first.
Key facts
- Bonus amount: USD 50.00 or the equivalent (42 EUR, 33 GBP, 42 CHF, 5000 JPY and others).
- Eligible regions: Malaysia, Singapore, United Arab Emirates, Kuwait, Bahrain and Brunei. Other countries can get a USD 30.00 bonus instead.
- Time limit: 30 days after you open your account.
- Trading requirements: at least 5 round-turn trades and a minimum volume of 0.1 standard lots.
- Withdrawals: minimum USD 5.00 per transaction, with no cap on profits.
- Platforms: MetaTrader 4, MetaTrader 5 and WebTrader.
- Not allowed: scalping and arbitrage.
What Is the XM $50 No Deposit Bonus?
It is a chance to experience real market conditions without spending your own money. You receive USD 50.00 or its equivalent in other currencies.
Key features of the bonus
Your account is credited with the bonus after verification. You can withdraw profits made with the bonus once you meet the conditions. The bonus amount itself cannot be withdrawn.
You get access to more than 1,000 trading instruments. The bonus stays active for 30 days after you open your account, so you have time to explore the platform.
Who can claim this bonus
Right now, only residents of these regions can claim the USD 50 offer:
- Malaysia
- Singapore
- United Arab Emirates
- Kuwait
- Bahrain
- Brunei
Traders from other places can still get a USD 30.00 No Deposit Bonus instead.
You must also meet these basic rules:
- You must be 18 or above the legal age in your country.
- The promotion is for new clients who have not received this type of bonus before.
- Each person can have one bonus account per IP address. If a family member has already claimed it, other family members cannot.
- You must complete both SMS and voice verification in the Members Area.
Your bonus should appear in your trading account within 24 hours after you meet all requirements.
Clients of Trading Point of Financial Instruments and Trading Point of Financial Instruments UK Ltd cannot join. Anyone connected to the XM company, directly or indirectly, cannot take part either.
How to Claim Your XM Free $50
The claim process is straightforward. Follow these steps.
Create your XM trading account
Go to the XM website and click the green "Open An Account" button in the top right corner. Enter your name, country, preferred language, phone number and email address. Then choose your platform (MT4 or MT5) and account type.
In the account bonus section, select "Yes, I wish to receive the bonus".
Complete account verification
XM asks for two types of documents:
Identity verification: submit any one of these:
- International Passport
- Driving License
- National ID
Proof of residency: a utility bill from the last 6 months works best:
- Electricity, water or gas bill
- Phone or internet bill
- Bank statement
The XM team typically reviews documents within 24 hours. You also need to click the verification link in your registered email.
Activate your bonus
- Log in to your Members Area.
- Find the "Trading Bonus" section with "Claim your USD 50.00".
- Verify your phone through SMS or voice call.
- Wait for the bonus credit, which appears within 24 business hours.
The claim window stays open for 30 days after you create your account. You can begin trading once the credit arrives.
Start Forex Trading with Your Bonus
Once the credit is in your account, you are ready to begin forex trading with real market prices.
Setting up MT4/MT5
XM offers both MetaTrader 4 and MetaTrader 5. Setup takes four steps:
- Download the setup file from XM's official website.
- Run the installer (xmglobal4setup.exe for MT4 or xmglobal5setup.exe for MT5).
- Accept the license agreement and finish the installation.
- Launch the platform from the desktop shortcut.
Mac users can drag the MetaTrader application to their Applications folder after downloading. WebTrader lets you trade in your browser with no installation.
First steps in live trading
You can trade over 1,000 instruments across seven asset classes: forex, stocks, indices, energies, cryptocurrencies, shares and precious metals. Start with small positions while you learn how the platform behaves.
XM's spreads start from 0.8 pips on zero commission accounts. Its multilingual support team is available 24/7.
Trading Requirements and Withdrawals
Trading requirements
- Complete at least 5 round-turn trades.
- Reach a trading volume of at least 10 micro lots (0.1 standard lots) on your real trading account.
- Expert Advisors are allowed.
- Scalping and arbitrage are not allowed. Arbitrage attempts such as risk-free profiting or cash-back arbitrage cancel your bonus immediately.
The broker can also close or suspend accounts that show signs of manipulation or fraud.
Withdrawal conditions
Profits become available for withdrawal once you meet the trading requirements. The minimum is USD 5.00 per transaction. There is no cap on how much you can withdraw.
You cannot withdraw the original bonus. XM removes part of the bonus in proportion to the share of your balance you withdraw. If you withdraw 50% of your available balance, XM removes 50% of your remaining bonus.
Profit calculation examples
These examples come from the offer's terms. They show how withdrawals affect the bonus.
A trader gets a USD 30 bonus and makes USD 100 in profits. They ask for a USD 100 withdrawal:
- Available withdrawal amount: USD 100
- Bonus removal amount: USD 12 (40% of USD 30)
- Net withdrawal: USD 100
In another case, a trader has a USD 30 bonus and a USD 500 deposit:
- Trading profits: USD 100
- Available for withdrawal: USD 600
- Upon USD 600 withdrawal: USD 360 (60% on USD 600)
- Bonus removal: USD 18 (60% on USD 30)
Partner commissions do not apply to trades made with bonus funds. The bonus is removed if the account becomes inactive. Check XM's current terms for the exact calculation.
Compare Other No Deposit Offers
Want to compare before you decide? See the HFM $50 Forex No Deposit Bonus and the OneRoyal $50 No Deposit Forex Bonus. You can also read how a no deposit bonus gives you a risk-free trading edge, and why you should still stay careful.
Conclusion
Trading forex without risking your own money sounds appealing. The XM $50 No Deposit Bonus gives traders in eligible regions a way to test real market conditions.
Create an account, complete verification, and then activate the bonus. The requirements are achievable: 5 round-turn trades and the minimum volume. Keep to the rules, and avoid scalping and arbitrage.
The profits you earn are yours to keep, but the original bonus stays non-withdrawable. Treat the bonus as a low-cost way to learn forex trading, not as guaranteed income.
FAQs
Is XM a reliable forex broker?
XM says it has served over 2.5 million clients since 2009. It advertises spreads from 0.0 pips and leverage up to 1:888. Before you open an account, check the regulation of the XM entity that serves your country.
How can I claim the XM $50 No Deposit Bonus?
Create an XM trading account, complete verification and activate the bonus in your Members Area. It is typically credited within 24 hours after you meet all requirements.
Can I withdraw profits made from the bonus?
Yes, but only after you meet the trading requirements. That means at least 5 round-turn trades and a minimum volume of 0.1 standard lots. The original bonus cannot be withdrawn.
Are there restrictions on using the bonus?
Expert Advisors are allowed, but scalping and arbitrage are not. The bonus is for new clients from eligible countries. Each client can claim only one bonus per unique IP address.
