Trading forex without risking your own money might seem impossible. The XM Group $50 No Deposit Forex Bonus makes this a reality for traders in Singapore, UAE, Kuwait, and several other countries.
XM has earned its reputation as a trusted forex trading platform with over 2.5 million clients since 2009. Traders can benefit from competitive spreads starting at 0.0 pips and leverage up to 1:888. The no deposit bonus lets you trade actual markets - Forex, Metals, and Indices. You can keep your profits after meeting basic trading requirements.
Let us guide you through every aspect of the XM $50 no deposit bonus. You'll discover how to claim the offer, withdraw your profits, and start trading right away to maximize this risk-free chance.
What is XM $50 No Deposit Bonus
The XM $50 No Deposit Bonus is a chance to experience actual market conditions without spending your own money. You'll get USD 50.00 or its equivalent in other currencies - 42 EUR, 33 GBP, 42 CHF, 5000 JPY, and others.
Key features of the bonus
This bonus comes with several great features that new traders will love. Your account gets credited with the bonus amount right after verification. The best part is that you can withdraw all profits you make from trading with this bonus once you meet certain conditions.
You'll have access to more than 1,000 trading instruments from different asset classes. The bonus stays active for 30 days after you open your account, which gives you plenty of time to explore what the platform can do.
Who can claim this bonus
The XM $50 No Deposit Bonus has specific eligibility rules. Right now, only residents from these regions can claim it:
- Malaysia
- Singapore
- United Arab Emirates
- Kuwait
- Bahrain
- Brunei
All the same, traders from other places can still get a USD 30.00 No Deposit Bonus instead.
You'll need to meet some basic requirements. You must be 18 or above the legal age in your country. The promotion works only for new clients who haven't received this type of bonus before.
Each person can have just one bonus account per IP address. Multiple sign-ups from the same IP won't work. If someone in your family has already claimed this bonus, other family members can't get it.
The program has strict verification rules. You'll need to complete both SMS and voice verification in the Members Area. Your bonus should show up in your trading account within 24 hours after meeting all requirements.
It's worth mentioning that clients under Trading Point of Financial Instruments and Trading Point of Financial Instruments UK Ltd can't join this bonus program. Anyone connected to XM company directly or indirectly can't participate in this promotion.
How to Claim Your XM Free $50
The XM $50 No Deposit Bonus claim process is straightforward. Let me show you how to get your bonus quickly and easily.
Create your XM trading account
Your journey starts at the XM website. Click the green "Open An Account" button in the top right corner. The registration needs your personal details - name, country, preferred language, phone number, and email address. Choose your trading platform (MT4/MT5) and account type next. Make sure to select "Yes, I wish to receive the bonus" in the account bonus section.
Complete account verification
XM needs a complete verification of your account through these documents:
Identity Verification: Submit any one of these documents:
- International Passport
- Driving License
- National ID
Proof of Residency: A recent utility bill from the last 6 months works best:
- Electricity, water, or gas bill
- Phone or internet bill
- Bank statement
The XM team reviews your documents within 24 hours typically. You'll also need to click the verification link in your registered email.
Activate your bonus
Your bonus activation becomes simple after verification. Here's what you need to do:
- Access your Members Area with your login details
- Find the "Trading Bonus" section with "Claim your USD 50.00"
- Verify your phone through SMS or voice call
- The bonus credit appears in your account within 24 business hours
The bonus claim window stays open for 30 days after you create your account. Trading can begin right after the bonus credit arrives. While the bonus amount isn't withdrawable, you can take out any profits you make after meeting the trading requirements.
Start Trading with Your Bonus
Your XM bonus credit means you're ready to start your trading experience. Here's how you can tap into the full potential of your $50 no deposit bonus.
Setting up MT4/MT5 platform
XM gives you access to both MetaTrader 4 and MetaTrader 5 platforms that provide detailed tools to trade effectively. The setup process is straightforward:
- Download the platform setup file from XM's official website
- Run the installer (xmglobal4setup.exe for MT4 or xmglobal5setup.exe for MT5)
- Accept the license agreement and complete installation
- Launch the platform using the desktop shortcut
Mac users can drag the MetaTrader application to their Applications folder after downloading. The WebTrader option lets you trade directly through your browser without installation.
First steps in live trading
The $50 bonus will show up in your account after platform setup. You can trade over 1,000 instruments that cover seven asset classes - forex, stocks, indices, energies, cryptocurrencies, shares, and precious metals.
Managing your bonus funds
Smart bonus fund management will lead to success. Keep these requirements in mind:
- Complete at least 5 round-turn trades
- Trade a minimum volume of 0.1 standard lots (10 micro lots)
- Expert Advisors work fine, but scalping and arbitrage techniques aren't allowed
Note that you can't withdraw the original $50 bonus, but all trading profits belong to you. XM deducts the bonus proportionally when you make withdrawals based on the withdrawal percentage.
XM's spreads start from 0.8 pips with zero commission accounts. Their multilingual support team is available 24/7 to help whenever you need assistance.
Making Profits with XM Bonus
You need to know specific trading rules to turn your XM bonus into money you can withdraw. Here's how you can make the most of this no-deposit bonus chance.
Trading requirements
XM bonus trading has specific criteria you must meet. You'll need to complete at least 5 round-turn trades. Your real trading account should also reach a trading volume of at least 10 micro lots (equivalent to 0.1 standard lots).
Trading with Expert Advisors is allowed, but any arbitrage attempts like risk-free profiting or cash-back arbitrage will cancel your bonus immediately. The broker can also close or suspend accounts that show signs of manipulation or fraud.
Withdrawal conditions
Your profits become available for withdrawal once you meet the trading requirements. Each transaction needs a minimum withdrawal of USD 5.00. The good news is there's no cap on how much you can withdraw.
XM takes away part of your bonus based on what percentage you withdraw. To name just one example, see what happens when you take out 50% of your available balance - XM will remove 50% of your remaining bonus.
Profit calculation examples
These ground scenarios will help you understand how profit withdrawals work:
A trader gets a USD 30 bonus and makes USD 100 in profits. When asking for a USD 100 withdrawal:
- Available withdrawal amount: USD 100
- Bonus removal amount: USD 12 (40% of USD 30)
- Net withdrawal: USD 100
Here's another case with a USD 30 bonus and 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 don't apply to trades made with bonus funds. Your account's bonus will be removed if it becomes inactive.
Conclusion
Trading forex without risking your own money sounds appealing. The XM $50 No Deposit Bonus gives traders in eligible regions a chance to test ground market conditions.
You can start by creating an account and completing verification to access the bonus funds. The trading requirements are achievable - complete 5 round-turn trades and reach specific volume thresholds.
Your success depends on understanding the platform's features and using proper trading practices. MT4 and MT5 platforms have all the tools you need to trade instruments of all types. The broker's competitive spreads and support make your experience better.
The profits you earn through careful trading are yours to keep. The original bonus amount stays non-withdrawable, but meeting simple requirements lets you withdraw your earnings. XM's No Deposit Bonus is a perfect way to enter the forex trading world without risking your capital.
FAQs
Q1. Is XM a reliable forex broker? XM is considered a trustworthy forex broker with a solid reputation. They have been serving over 2.5 million clients since 2009 and offer competitive trading conditions, including spreads from 0.0 pips and leverage up to 1:888.
Q2. How can I claim the XM $50 No Deposit Bonus? To claim the bonus, create an XM trading account, complete the verification process, and activate the bonus in your Members Area. The bonus is typically credited within 24 hours after meeting all requirements.
Q3. Can I withdraw profits made from the XM No Deposit Bonus? Yes, you can withdraw profits generated from trading with the bonus funds. However, you must meet specific trading requirements, including completing at least 5 round-turn trades and trading a minimum volume of 0.1 standard lots.
Q4. What trading platforms does XM offer? XM provides both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop and mobile trading. They also offer a WebTrader option for those who prefer to trade directly through their browser without installation.
Q5. Are there any restrictions on using the XM No Deposit Bonus? While Expert Advisors are permitted, scalping and arbitrage techniques are not allowed when trading with the bonus. Additionally, the bonus is only available to new clients from eligible countries, and each client can only claim one bonus per unique IP address.
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