This offer has expired
Ended on 31 Dec, 2025. The information below is kept for reference only.
XM gives new clients $30 in trading credit with no deposit required, usable on live Forex, gold, and CFD markets. It is built for first-time traders who want to test real conditions before risking their own money.
The bonus itself can’t be withdrawn, but profits you make from it can, once you meet a small trading-volume requirement. You must claim it within 30 days of opening your account.

On xm.com, click Get Started (top right). A demo account won’t qualify for the bonus, so you’re opening a real one.

On the “Let’s get you registered!” page, select your Country of Residence, enter your email and a password. South African traders select South Africa here. If you have a partner or referral code, click “Enter here” to add it. Then click Register.

XM emails you a 6-digit code. Enter it on the “Enter code” screen. You can tick “I trust this device” to skip re-verifying for 30 days, then continue.

In the Members Area, you’ll be asked for your first name, last name, date of birth, and place of birth. Enter your name exactly as it appears on your ID, as it has to match your verification documents later.

Enter your address, city or town, street number, and postal code. This should match your proof-of-residence document.

Confirm whether you’re a US citizen for tax purposes (most users select No), select your country of tax residence, and indicate whether you have a Tax Identification Number (TIN). If not, pick the reason from the dropdown, then continue.

Select your nationality, confirm whether you hold a passport, and enter the passport number if you have one. Continue.

XM is required to assess suitability, so you’ll answer questions on planned yearly deposit, purpose of the account, employment status, annual income, source of funds, and net worth, plus a short knowledge check on CFD risk, leverage, stop-loss orders, and a Politically Exposed Person question. Answer honestly, as these determine your eligibility to open the account.

Upload a photo of your ID or passport and a proof of residence dated within the last three months. You may also be asked for a selfie. Trading and withdrawals stay locked until these documents are approved.

Once your documents are approved, open the Bonuses section in the Members Area and claim the $30 no deposit bonus. You’ll complete SMS phone verification to activate it. The credit lands in your trading account, and you can start trading on MT4, MT5, or the XM app.
The bonus is available across most non-EU regions, including South Africa, Nigeria, Kenya, India, Indonesia, Malaysia, Pakistan, the Philippines, and much of the Middle East and Latin America, 190+ countries in total.
It is not available to clients registered under XM’s EU (CySEC) entity. Availability can vary by country, so the Promotions section of your Members Area shows what’s active for your region.
The bonus removes the risk of losing your own money, since you’re trading with XM’s $30, not yours. XM isn’t a scam: it has operated for 15+ years and holds licences including CySEC, ASIC, and the FSCA.
One nuance for South African traders: the local FSCA-authorised entity (FSP 49976) acts mainly as an intermediary, and you’re onboarded through an offshore entity, so FSCA trading protections don’t fully apply. The trading risk itself remains real once profits grow.

No, the XM $30 no-deposit bonus is not currently offered on the official XM website. It was available in the past, but it no longer appears as an active promotion directly through XM, so new clients cannot claim it right now.
However, XM 50% Deposit Bonus is available now, so you can still benefit from that when you make your first deposit.
If you’re interested in XM bonuses, you can still check their official promotions page or your Member Area after signing up. They sometimes run other offers like deposit bonuses, but the specific $30 no-deposit bonus is not available at this time.
No, but they are currently promoting their new deposit bonuses.
Yes, it works on both MT4 and MT5, and the XM mobile app. Just make sure you opened a Micro or Standard account, as those are the eligible types.
Once you’ve met the volume requirement and closed your trades, most withdrawal methods process within 24 hours; bank wires take longer. Remember the $60 minimum.
Yes. SARS treats forex profits, including those earned from a bonus, as taxable income, so keep a record of withdrawals for your tax return.