XM Account Opening Guide — Get Your $30 Bonus

By Mark Davis · March 28, 2026 · Forex Account Opening & KYC Specialist

XM is one of the largest forex brokers globally with over 10 million accounts. Their standout offer is a $30 no-deposit trading bonus — real money you can trade with and withdraw profits from without depositing a single dollar. Here is exactly how to open your account and claim it.

XM at a Glance

• Regulation: CySEC (Cyprus), ASIC (Australia), IFSC (Belize)
• Minimum deposit: $5
• No-deposit bonus: $30 (available for new accounts)
• Platforms: MT4, MT5, XM App
• Instruments: 1,000+ (forex, stocks, indices, commodities, crypto CFDs)
• Leverage: Up to 1:1000
• Spreads: From 0.6 pips (Ultra Low), from 0.0 pips (Zero)

Step-by-Step: Open Your XM Account

Step 1: Visit XM Registration Page

Click the button below to go directly to XM's registration page. The $30 bonus is automatically applied to accounts opened through this link.

Step 2: Fill Registration Form

You will need to provide:

1. First and last name (must match your ID)
2. Country of residence
3. Preferred language
4. Phone number
5. Email address

On the next page, select your account details:

• Platform: MT5 (recommended) or MT4
• Account type: Standard or Ultra Low (we recommend Ultra Low for tighter spreads)
• Base currency: USD is the most common
• Leverage: 1:100 is safe for beginners. You can change this later.

Step 3: Verify Your Email

XM sends a verification email immediately. Click the confirmation link. Your account is now active and you can log in to the Members Area.

Step 4: Upload ID Documents

In the Members Area, go to "Upload Documents" and submit:

• Proof of identity: Passport, national ID, or driver's license
• Proof of address: Utility bill or bank statement (within last 3 months)

XM's automated system typically verifies documents in 5-30 minutes. Once approved, the $30 bonus appears in your trading account automatically.

Step 5: Download MT5 and Start Trading

Download MT5 from the Members Area. Log in with the credentials emailed to you. Your $30 bonus is already in your balance — you can start trading immediately.

$30 Bonus Terms You Should Know

• The $30 bonus itself cannot be withdrawn — only profits can be withdrawn
• You need to trade at least 5 standard lots (or equivalent in micro lots) before withdrawing profits
• The bonus is available for 30 days from account opening
• One bonus per person/household/IP address
• Available for new XM clients only

The 5-lot trading requirement is achievable. If you trade 0.01 lots (micro), you need 500 trades. If you trade 0.1 lots, you need 50 trades. Most active traders reach this within 1-2 weeks.

Which XM Account Type to Choose

• Standard: EUR/USD from 1.0 pips, no commission. Good for beginners who want simple, all-inclusive pricing.
• Ultra Low (recommended): EUR/USD from 0.6 pips, no commission. Best balance of cost and simplicity.
• Zero: EUR/USD from 0.0 pips, $3.50 per lot commission. Best for scalpers and high-volume traders.

For most new traders, the Ultra Low account offers the best value. You get tight spreads without worrying about separate commission charges.

Deposit Methods on XM

• Credit/debit card (Visa, Mastercard) — instant
• Bank wire transfer — 2-5 business days
• UPI (India) — instant
• Skrill, Neteller — instant
• Local bank transfer — varies by country

Minimum deposit is $5 on Standard and Ultra Low accounts. All deposit methods are free (XM absorbs the processing fees).