When you sign up with XM, you will be asked to choose a payment method. You can select from PayPal, credit card, or a wire transfer. The process will take a few minutes. Once you"ve decided on the payment method, you can proceed to the next step.
Before you can get your hands on a bonus, you will need to register a real trading account. This will only take two minutes. After the registration is complete, you will be prompted to set up a password. Next, you"ll be asked to verify your email address and phone number. If you"ve chosen a preferred language, you"ll need to confirm your language preference. Finally, you"ll need to confirm your first and last name.
You"ll receive an email containing your MT4/MT5 ID. MT4/MT5 IDs are unique IDs used on XM"s platform. During the account verification process, you"ll need to provide your ID and your mobile phone number. Using your MT4/MT5 ID will allow you to trade on XM"s platform.
You can claim the XM bonus by following a few simple steps. First, you"ll need to fill out the application form. XM will send you an email that contains a link to the form. You"ll need to fill out the information requested and then click the confirmation link. As soon as you do, your bonus will be applied to your account. At that time, you"ll be able to start trading.
You"ll need to wait 30 days before you can withdraw your bonus. When you do, you"ll be required to trade a minimum of 0.01 lots. Each time you make a withdrawal, your bonus will be reduced by 40%. There are a few other requirements, too. In addition to your MT4/MT5 ID, you"ll need to have traded at least 500 pips to qualify for your bonus.
Lastly, you"ll need to agree to the terms of service and other policies. By doing so, you"ll be able to enjoy the XM brokerage"s wide array of trading tools and platforms. Additionally, you"ll be able to open positions with a larger amount of capital.
XM"s bonus program covers a variety of products, including major credit cards, all wire transfers, and e-wallets. However, it is important to remember that the bonus is not available to all legal entities. In some countries, you will have to be an ASIC registered company to receive an XM bonus. Moreover, you won"t be able to get a bonus if you are from the European Union.