XM Referral Guide · Updated 2026

Open your trading account. Earn $40 on your first trade.

Create your XM account through our referral link, verify, deposit and complete your first trade — and claim a $40 reward plus a deposit bonus of up to 100%. Trade forex, crypto CFDs, gold, oil and commodities from a $5 minimum deposit.

15M+ clients worldwide
190+ countries
Since 2009 · multi-regulated
$5 minimum deposit
$40
after first trade*
100%
first deposit bonus*
$30
no-deposit welcome*
1400+
instruments
1:1000
max leverage*

Open your account in 5 steps

The whole process takes about 10 minutes. Your reward is linked to signing up through the referral link, so always start with step one.

01

Click the referral link

Tap any red button on this page. It opens the official XM registration with the offer attached to your account.

02

Register

Enter your name, email and country. Choose MT4 or MT5 and a Standard or Micro account (both are bonus-eligible).

03

Verify (KYC)

Upload your ID and proof of address in the member area. Verification usually completes within 24 hours.

04

Deposit

Fund your account from just $5. Your first deposit is matched with bonus credit — up to 100%.

05

Trade & claim $40

Place your first trade on any market. Once the offer conditions are met, your $40 reward is credited.

What you can trade

One account, one login — over 1,400 instruments across every major asset class as CFDs.

Forex

55+ currency pairs including majors, minors and exotics with spreads from 0.6 pips.

EUR/USD · GBP/USD · USD/JPY

Crypto CFDs

Trade price movements of major cryptocurrencies with leverage — no wallet needed, weekend trading available.

BTC · ETH · XRP · SOL

Commodities

Soft and hard commodities as futures CFDs — hedge inflation or speculate on global demand.

Coffee · Sugar · Wheat · Copper

Gold & Metals

Spot gold and silver with tight spreads and up to 1:500 leverage — the most traded instruments on XM.

XAU/USD · XAG/USD

Energies

Trade crude oil, Brent and natural gas price movements around the clock during market hours.

WTI · Brent · NatGas

Stocks & Indices

CFDs on world-famous shares and major global indices from a single account.

Tesla · Apple · S&P 500 · Nasdaq

Every bonus explained

Here's exactly what you can claim, what it's worth and the key condition attached to each offer. Bonus availability varies by country and account type — always confirm inside your XM member area.

OfferValueKey condition
$40 first-trade reward$40 credited to your accountRegister via referral link, verify, deposit and complete your first qualifying trade
No-deposit welcome bonus$30 free trading creditOpen and verify a real account — no deposit needed. Profits withdrawable after volume conditions
First deposit bonus100% match up to $500Bonus is trading credit (not withdrawable); profits made with it are withdrawable
Ongoing deposit bonuses50% then 20%, up to ~$10,500 totalTiered structure on later deposits; excludes Ultra Low & Shares accounts
Loyalty programXM Points on every tradePoints convert to trading credit — earned automatically as you trade

*All offers subject to XM's official terms & conditions, region and account-type eligibility. Bonuses are not available to clients registered under XM's EU entity.

Trade on any device

Your account works across every XM platform with one login — start on your phone, manage on your laptop.

XM App (iOS & Android)

The easiest way to start. Register, verify, deposit and trade all in one app — with charts, price alerts and account management built in.

MetaTrader 5

The modern standard: more timeframes, a built-in economic calendar and faster execution. Recommended for new accounts.

MetaTrader 4

The classic platform trusted by millions — huge library of indicators and expert advisors (EAs) for automated trading.

WebTrader

Trade straight from your browser on any computer. No download, no install — just log in and trade.

Frequently asked questions

Everything people search before opening their first forex account.

How do I get the $40 reward?

Open a real XM account through the referral button on this page, complete identity verification, make a qualifying deposit and place your first trade. Once the offer's conditions are met, the reward is credited to your trading account. Terms apply and offers can vary by region.

How does the 100% deposit bonus work?

XM matches your first deposit dollar-for-dollar with trading credit, up to $500 — deposit $200, trade with $400. The bonus itself can't be withdrawn, but any profit you make while trading with it can be, once volume conditions are met. Later deposits earn 50% and then 20% tiers.

Is XM safe and regulated?

XM Group has operated since 2009 and its entities are regulated by CySEC (Cyprus), ASIC (Australia), DFSA (Dubai) and the FSC (Belize). Client funds are kept in segregated accounts and negative balance protection means you can never lose more than you deposit.

What's the minimum deposit?

Just $5 on Micro and Standard accounts — and even a $5 first deposit qualifies for the 100% bonus.

Can I trade crypto on XM?

Yes — as CFDs. You trade the price movement of Bitcoin, Ethereum and other major coins with leverage, without needing a crypto wallet or exchange account.

Which account type should I choose?

For beginners claiming bonuses: choose a Standard or Micro account on MT5. Ultra Low accounts have tighter spreads but are not eligible for deposit bonuses.

Can I withdraw my money anytime?

Your own deposited funds are always withdrawable. Note that withdrawing before meeting bonus conditions removes the bonus credit proportionally — so plan withdrawals after conditions are met.

Do I need experience to start today?

No, but you should learn first. XM offers a free demo account with virtual funds, plus daily webinars and education. Start on demo, then go live small. Never trade money you can't afford to lose.

Ready to claim your $40 + bonus?

It takes about 10 minutes to register and verify. Your reward is only linked if you sign up through this referral link.

Open Your XM Account »

Affiliate disclosure

This website is an independent guide and is not owned or operated by XM Group. We may receive a commission from XM if you open an account through links on this page, at no extra cost to you. All bonus figures are based on publicly available XM promotions and may change — the terms in your XM member area always take precedence.

Risk warning

Trading forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you as well as for you: between 70–80% of retail investor accounts lose money when trading CFDs. Before trading, consider your objectives, experience level and risk appetite. Never invest money you cannot afford to lose. Nothing on this site is investment advice. Bonus promotions are not available in all regions, including under XM's EU-regulated entity.