What is XM's 100% deposit bonus? In-depth explanation of the deadline/how to receive it.

In this article.XMThis section provides a thorough explanation of the 100% deposit bonus for

What is XM's 100% deposit bonus? How to receive it explained.

XM offers a 100% deposit bonus up to $500 and a 20% deposit bonus up to $4,500.

A 100% bonus is offered until $500 is deposited, followed by a 20% bonus up to $4,500, for a total of $5,000.

The bonus is not 100% + 20% = 120%.

If you deposit JPY 50,000, you can start with a margin of JPY 100,000.

Quick overview of deposit bonuses

Below is a quick summary of the bonus amounts based on cumulative deposits.

Deposits (cumulative)	100% Bonus.	20% Bonus	cover
$100	$100 against $100	without	$200
$300	$300 against $300	without	$600
$500	$500 against $500	without	$1,000
$1,000	$500 against $500	$100 against $500	$1,600
$2,000	$500 against $500	$300 against $1,500	$2,800
$5,000	$500 against $500	$900 against $4,500	$6,400
$10,000	$500 against $500	$1,900 against $9,500	$12,400
$20,000	$500 against $500	$3,900 against $19,500	$24,400
$23,000	$500 against $500	$4,500 against $22,500	$28,000
$30,000	$500 against $500	$4,500 against $22,500	$35,000

When you deposit into a bonus-eligible account, you automatically receive a deposit bonus based on the amount of your deposit. No special procedure is required, so there is no risk of missing out.

For example, if you deposit JPY 10,000 for the first time after opening an account, you will automatically receive a 100% bonus of JPY 10,000 and start trading with a total margin of JPY 20,000.

XM Zero accounts and accounts not eligible for the bonus cannot receive it.

Please note that the deposit bonus is only available for standard and micro accounts and does not apply to XM ZERO accounts.

In addition, if you select No in the Account Bonus section of the account opening form, you will not receive any bonuses, including deposit bonuses.

Therefore, when opening an account, under [Account Bonus], please select [Yes, I would like to receive the bonus].

Timing of resetting the XM deposit bonus

As we explained earlier [100% bonus up to $500][20% bonus up to 4,500], the [deposit bonus amount reset] that is implemented from time to time is really delicious.

Even if you have used up your entire $500 100% quota, it will be reset and you will receive the maximum $500 100% deposit bonus again.

 

There is no reliable information on bonus reset timing, but some timing can be predicted based on past bonus reset history. There are approximately two XM bonus resets each year, and many people seem to receive a reset email each December.

From now until the end of the year...
It's the time of year when foreign FX brokers frequently offer new account opening bonuses OR deposit bonuses~!

Expect a XM bonus reset!!!

- Takataka (@fx100109) 17 November 2020

https://twitter.com/Clap_Kaifx/status/1389154422861680644

summary

This article provided a thorough explanation of XM's 100% deposit bonus.