In this article.XM Points (XMP)This section explains how to use and utilise the
XMwellCompletely free demo account versionis available, so you can try it out risk-free.
Also, XM is giving away a $30 trading bonus to anyone who opens a new account!For more information, visit the official website atPlease check from the following links.
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*Now we're giving away a $30 bonus!
What are XM Points (XMP)?
XM Points.are points used in loyalty programmes offered by XM.
XM Points (XMP) are awarded based on the number of lots traded and can be exchanged for cash or trading credits.
No other foreign FX company offers such a great deal as XMP, so this is a unique points system unique to XM.
Features of XM Points
Earn points for every transaction.
XM's loyalty programme allows you to earn points for every transaction you make. The points awarded are called XM Points (commonly known as XMP). Just like a loyalty card, the more transactions you make, the more points you earn.
Incidentally, you will not find any other FX companies other than XM that have introduced a points system. It is because XM is the largest overseas FX company that it is able to offer such a great service to repeat customers.
XM's points system is a great service for repeat customers, but the points awarded are not fixed and vary according to the number of days spent.
Grade changes with number of trade days.
XM's loyalty programme has four stages in total. The grades are divided according to the number of trading days as follows.
Executive: initial
Gold (Gold): 30 days or more.
Diamonds (DIAMOND): 60 days or more.
Elite: 100 days or more.
The percentage of XM Points awarded depends on these four stages. The points awarded for each transaction are as follows
rank | Number of trading days | points awarded |
EXECUTIVE | No conditions | 10XMP/Lot |
GOLD | 30 days or more | 13XMP/Lot |
DIAMOND. | 60 days or more | 16XMP/Lot |
ELITE | More than 100 days | 20XMP/Lot |
The Executive grade is awarded 10 XMP per lot and the highest grade, Elite, 20 XMP per lot.
You can choose to exchange for cash or trade credit.
There are two options for utilisation [for cash] and [for trading credit].
If it is made into cash, the amount itself is less, but can be withdrawn. If it is made into transaction credits, the amount itself becomes larger but cannot be withdrawn.
encashment
XM Points can be exchanged for cash at the following rates
Exchange rate for cash.
XMP ÷ 40 = cash earned
(e.g.) 1600XMP ÷ 40 = $40 (worth approx. 4,500 yen)
Cash exchanged for XM Points can be used as trade margin or withdrawn directly.
However, the exchange rate for cash is much lower than the rate when exchanging XM Points for bonuses.
Transactional crediting
XM Points.isBonuses and can be exchanged at the following rates
XMP ÷ 3 = Bonus earned
(e.g.) 1600XMP ÷ 3 = $533 (worth approx. 60,000 yen)
The bonus is only distributed by XM as a source of funds for trading and cannot be withdrawn.
You can only withdraw the amount of profit generated by the transaction, which you redeem with the bonus and use it as the basis for the transaction.
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Click here for the official XM website.
*Now we're giving away a $30 bonus!
How to replace XMPs
Access the XM login page.
XM login pageAccess to.
Enter [MT4 (or 5) account number] and [password] and click[login].Click on
Enter [MT4 (or 5) account number] and [password] and click[login].Click on.
Check [Loyalty points] in the top right-hand corner of the screen.
The loyalty points you have earned are displayed in the Loyalty Points column.
[Click Loyalty points.
Click [Redeem Now] for whichever you want to redeem: credits or dollars.
When the Loyalty Points page opens, choose which of the bonus or cash (dollars) you want to redeem [.Exchange now].
Enter the XMP to be exchanged.
[Number of XMPs to be replaced] and enter.[Converted into bonusesClick on the button [►] and your exchange is complete!
When the exchange is complete, the following screen appears.
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Click here for the official XM website.
*Now we're giving away a $30 bonus!
summary
In this article.XMPoints (XMP) and how to use them.
XMwellCompletely free demo account versionis available, so you can try it out risk-free.
Also, XM is giving away a $30 trading bonus to anyone who opens a new account!For more information, visit the official website atPlease check from the following links.
↓arrow (mark or symbol)
Click here for the official XM website.
*Now we're giving away a $30 bonus!