We will post frequently asked questions regarding accounts and receiving deposit bonuses when trading with XMTrading, and will explain them as articles. XMTrading has a bonus system that other companies do not have. Therefore, since we know that many people have questions regarding the bonus system, we have created a Q&A. please refer.
- What are the XM bonuses?
- Can I trade with bonuses only?
- Can I withdraw my bonus?
- I cannot receive the account opening bonus.
- Does the account opening bonus have an expiration date?
- Is it possible to trade with bonuses only on an additional account?
- Can my account be frozen if I continue to trade with bonuses only?
- Will the bonus (credit) disappear if I transfer funds between accounts?
- What will happen to the bonus if I transfer funds to the KIWAMI Kiwami account?
- Can I get a bonus even if I open an account for the second time?
- How do I receive the account opening bonus?
- Will I be taxed on my deposit bonus?
- When will the deposit bonus be reflected?
- My deposit bonus disappeared, why?
- How many times can I receive the deposit bonus?
What are the XM bonuses?
XM bonuses include friend referrals, account opening bonuses, and even loyalty points. Please refer to the article below. The maximum leverage is 1000 times and zero cut is applied, so it is a very popular company and ranks high among overseas Forex companies. Members can get the bonus they want, so check it out.
Can I trade with bonuses only?
When you open an account with XM, you will receive a 3,000 yen bonus as a margin, so if you use this as the source, you can trade with only the bonus. Even if a trader incurs a loss and is cut out, even if the deposited amount is used up, the trader can place orders and hold positions with only the bonus, and can trade.
Can I withdraw my bonus?
Bonuses cannot be withdrawn. Only profits generated from trading using the bonus can be withdrawn. If you fraudulently obtain a bonus through the system, you will be subject to penalties. You have a lot to lose, so check the terms of use of the operating site.
I cannot receive the account opening bonus.
There are several reasons why you may not receive the XM account opening bonus. If you cannot receive the bonus or it is not reflected, please contact support. You can only receive the bonus for the first time when you open an account. Currently, it is not granted even if you open multiple accounts.
Does the account opening bonus have an expiration date?
There is a deadline. If there is no login or transaction for 30 days after opening an account with XM, the account opening bonus will automatically expire.
Is it possible to trade with bonuses only on an additional account?
Even if you create an additional account with XM, you cannot receive the account opening bonus. Therefore, only the first account opened can be traded with bonuses alone.
Can my account be frozen if I continue to trade with bonuses only?
Your account will not be frozen by continuing to trade with only bonuses. However, your account may be frozen if you continue to act prohibited by XM’s terms of use, such as trades aimed only at the time of the announcement of economic indicators or cross-building using other companies’ accounts. Please refer to the article below.
Will the bonus (credit) disappear if I transfer funds between accounts?
Bonuses (credits) will not disappear even if you transfer funds. The bonus will also be transferred in the same proportion as the amount transferred to your balance. However, bonuses have a cushion function, and even if all the principal is lost due to loss, it can be used as margin.
What will happen to the bonus if I transfer funds to the KIWAMI Kiwami account?
Currently, the KIWAMI Kiwami account is not eligible for deposit bonuses, so if you transfer funds accordingly, the bonus you hold will automatically disappear. The only accounts that can receive money are standard accounts and micro accounts.
Can I get a bonus even if I open an account for the second time?
If you are opening an account for the second time, you will not be able to receive the new account opening bonus of 13,000 yen. On the one hand, you can receive a deposit bonus.
How do I receive the account opening bonus?
After registering on the official website, you can receive the account opening bonus by submitting identification documents and activating the account.
Will I be taxed on my deposit bonus?
You can receive the account opening bonus by registering on the official website and submitting your identification documents to activate your account. Only standard and micro accounts are eligible, and the benefits are great. Also, campaigns are held, so if you have the timing, you can get them from My Page.
When will the deposit bonus be reflected?
XM deposit bonuses will be credited as soon as funds are deposited into your account. It may take some time, but if it still does not appear after that period, please contact the official support desk. There are also restrictions, and if you reach the deposit bonus limit, you will no longer receive the bonus. After a certain period of time, you will be able to receive the bonus again. The period until revival is irregular.
My deposit bonus disappeared, why?
XM’s deposit bonus may be partially or completely erased by withdrawing or transferring funds from your account. If you violate any major rules, your account will be frozen at the same time.
How many times can I receive the deposit bonus?
You can receive 100% of the deposit bonus no matter how many times you deposit up to the account limit of $10,500. This point is very good compared to other FX companies.
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