XM $30 No-Deposit Bonus: Terms, Eligibility and How to Claim

What the offer actually is

XM's partner promotion for eligible new clients has two separate parts:

• A $30 no-deposit bonus — trading credit applied after registration and identity verification, with no deposit required.
• A tiered deposit bonus — 100% up to $200, then 50% up to $500, then 20% up to $5,000, for up to $5,700 in combined credit on later deposits.

Both parts are credit for trading, not cash. The $30 is not included in the $5,700 figure, and each part carries its own conditions in XM's promotion terms.

Availability is the first check: XM promotions are regional, and some XM entities cannot offer bonuses at all under their regulator. The only offer that matters is the one displayed in yourregistration flow or Member Area — never rely on a screenshot from another country's review, including this one.

How to claim the $30 bonus

The conditions that matter

The full documented conditions are in the table above. Three of them decide most disappointments, so they are worth spelling out:

The credit is never withdrawable

The $30 (and any deposit-bonus credit) exists only inside the account as trading margin. What can leave the account is eligible profitgenerated while trading with it, under XM's conditions. Any page promising “free $30 cash” is misdescribing the offer.

Withdrawals remove bonus credit proportionally

Withdraw half your deposited funds and you should expect to lose around half the associated bonus credit. With positions open, that equity reduction can push your margin level down and contribute to a stop-out. Time withdrawals for when positions are closed or margin is comfortable.

XM can change or end the promotion

The terms allow XM to amend, decline or discontinue promotions. This page's conditions were verified on 31 July 2026; the version in your Member Area is always the binding one.

The deposit-bonus tiers

The advertised ladder for eligible clients:

• 100% up to $200 — a $200 deposit is matched with $200 in credit
• 50% up to $500 — the next $1,000 deposited earns up to $500
• 20% up to $5,000 — a further $25,000 in deposits earns up to $5,000

Reaching the full $5,700 therefore requires roughly $26,200 in cumulative deposits — the headline number is real but weighted toward large depositors. For most readers the meaningful part is the 100% tier on the first $200.

Worked example: withdrawing with a bonus

Suppose you deposit $200, receive $200 in bonus credit, and your account shows $400 equity with no open positions. You withdraw $100 — half your deposited funds. Under proportional removal, roughly $100 of bonus credit is removed as well, leaving about $200 equity, not $300.

Nothing was “taken” from you — the credit was always conditional — but traders who did not read the terms routinely experience this as a missing $100. That misunderstanding is one of the most common sources of “XM bonus scam” complaints, and it is fully documented behaviour.

Is the bonus worth it?

As free money: no — it is not free money, and evaluating it that way leads to disappointment. As a zero-risk live trial of a broker: yes, it is one of the more useful promotions in the industry, because it lets you verify execution, spreads and the withdrawal process with nothing deposited.

Whether XM itself suits you is a bigger question than the bonus — entity, account types, spreads and funding are covered in our full XM review. If the broker fits, the bonus is a sensible way to start; if it does not, $30 of conditional credit will not change that.

FAQ