May 14, 2019
XM (Trading Point Holdings Ltd)
CFD Service. Your capital is at risk.
Trade with XM, earn XM Loyalty Points and Exchange them for Cash Back.
CFD Service. Your capital is at risk.
- Who is XM?
- XM Loyalty Program
- Loyalty Points (XMP) exchanged for Trading Bonus
- How to join XM’s Loyalty Program?
- XM’s Trading Conditions
- Country Restrictions
Who is XM?
XM is an online Forex and CFD broker, providing online trading service internationally.
XM is regulated and licensed by multiple financial authorities all over the world.
While following strict rules and directives, XM makes sure that all funds of clients are deposited into segregated accounts and protect them with “Compensation Funds” to provide safe and secure investment environment.
By opening an account with XM, you can invest in over 1000 financial instruments of Forex, CFDs on Stock Indices, Commodities, Stocks, Metals and Energies.
XM is known as the most popular online FX broker in the world, and you can maximize the benefit by receiving Trading Bonus of XM’s Loyalty Program.
XM Loyalty Program
XM’s Loyalty Program rewards traders who are loyal to XM.
Through the program, XM rewards traders with “XMP” or also known as XM Points.
The accumulated XMP in your account can be exchanged for Trading Bonus.
The amount of the bonus totally depends on each trader’s trading volume. Higher the trading volume, higher the bonus you can earn just like other “Cash Back Rebate” promotions.
Number of XMP you can earn per lot (100,000 units), can be increased by trading longer period with XM, as in being loyal by staying longer with XM.
You may consider XM’s Loyalty Program as a type of “Cash Back”, which you can earn bonus for every trade you make.
XM’s Loyalty Program is available only for Micro and Standard account types.
Loyalty Points (XMP) exchanged for Trading Bonus
Within XM’s Loyalty Program, there are 4 levels.
Your loyalty level will depend on the trading period, and each level has different rate of XMP reward as below:
| Loyalty Status | Executive | Gold | Diamond | Elite |
|---|---|---|---|---|
| Status Requirement | By opening an account | 30 days of consecutive trading | 60 days of consecutive trading | 100 days of consecutive trading |
| Amount of XMP you can earn per lot | 10 XMP | 13 XMP | 16 XMP | 20 XMP |
The accumulated XMP can be seen in your Client Portal.
Whenever you want, you can exchange the XMP for Trading Bonus according to the formula: XMP / 3 = bonus amount.
For example if you are at the Diamond level, you can earn 20 XMP for every standard lot of trading.
According to the formula, 20 XMP equals to about $6.66, resulting $6.66 per lot cash back (trading bonus).
You cannot earn any XMP for orders closed within 10 minutes from the opening time.
For symbols other than Forex, different rate will be applied.
How to join XM’s Loyalty Program?
To join XM’s Loyalty Program, follow the steps below:
- Go to the registration page and open “Micro” or “Standard” account.
XM’s Loyalty Program is available only for “Micro” and “Standard” account types. The online registration and account opening are absolutely free of charge. - Complete account verification
Submit documents (copies of ID and Proof of Address) to verify your account information. This account verification will expand the options available in the client portal. - Deposit more than $5
The required minimum deposit amount to start trading in “Micro” or “Standard” accounts is 5 USD or equivalent amount in other currencies (EUR or JPY). XM does not charge any fees for fund deposit and withdrawal. - Confirm your participation in the Loyalty Program
In XM’s client portal, confirm your participation to the loyalty program.
Open XM Mini or Standard Account
XM’s Trading Conditions
XM is known as the world’s largest MT4 broker, and there are many reasons for XM to be chosen by traders other than its professional support and account management.
XM’s Loyalty Program is available for Mini and Standard account types.
The differences of trading conditions of these account types are as follows:
| Account Types | Micro | Standard |
|---|---|---|
| 1 lot size | 1,000 units | 100,000 units |
| Available trading Volume | from 0.01 to 100 lots | from 0.01 to 50 lots |
The available trading platforms are MT4 (MetaTrader4) and MT5 (MetaTrader5).
Both platforms are compatible with various types of devices such as Windows, MAC, Android, iOS (iPhone and iPad) and web browser.
XM offers leverage 1:888, which is very high comparing to the industry’s average.
The broker also support NBP (Negative Balance Protection) for all account types, thus the maximum loss is limited to the total account balance at anytime.
The minimum Forex spread (the difference of bit and ask prices) is from 1.6 pips for both Micro and Standard account types.
XM’s high quality execution makes sure that there is:
- No Virtual Dealer plug-in
- No Re-quotes
- No Order Rejection
XM’s official statistic records that 99.35% of all orders executed in less than 1 sec.
On XM’s MT4 and MT5, you can invest in over 1000 instruments of Forex, CFDs on Stock Indices, Commodities, Stocks, Metals and Energies.
Open XM Mini or Standard Account
Country Restrictions
XM is licensed by multiple regulatory authorities all over the world.
Some service conditions can be different depending on the entity you signup for within the XM’s group companies.
Due to the same reason, XM’s Loyalty Program may not be available for traders residing in certain jurisdictions.
To find out if you are eligible to join the loyalty program, please visit XM Official Website and contact support team available for 24/5.
CFD Service. Your capital is at risk.
Service Details
| Company | XM (Trading Point Holdings Ltd) |
|---|---|
| Rating Traders Rating | |
| Regulations Regulations & Licenses | |
| Founded Founded in | 2009 (14 years) |
| Max Lev Maximum Leverage | 888:1 *
Disclaimer about leverage:Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence. |
| USA clients | Not Accepted |
| JPN clients | Accepted |
| Country Base | Cyprus |
| Headquaters | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus |
Disclaimer about leverage:
Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence.
Funds
| Cryptos Available Crypto-Currencies | N/A |
|---|---|
| Negative Balance | Offer Negative Balance Protection |
| Client Funds Safety | Segregated |
| Deposits Deposit Methods | |
| Withdrawals Withdrawal Methods |
