Kenji, a 32-year-old office worker in Tokyo, has been researching forex brokers for weeks. He has ¥100,000 to start but hesitates—too many conflicting reviews, hidden bonus terms, and withdrawal nightmares. His biggest question: Can I actually withdraw the XM no deposit bonus? If you're in the same boat, this guide answers exactly that. We cover the latest 2026 conditions, step-by-step claim process, and a comparison with other brokers to help you decide.
Quick Answer: Yes, XM's no deposit bonus can be withdrawn after meeting specific trading volume requirements. As of June 2026, the bonus is ¥13,000 for Japanese clients (via XM Trading Japan) or $30 equivalent in most regions. To withdraw, you must trade a total of 100 standard lots (or equivalent) within 90 days. Profits above the bonus are withdrawable anytime. Full conditions below.
What Is the XM No Deposit Bonus in 2026?
The XM no deposit bonus is a promotional credit given to new clients upon account verification—no deposit required. According to XM's official bonus page (verified 2026-06-23), the bonus amount varies by region:
- Japan: ¥13,000 via XM Trading Japan
- Most other regions: $30 (or equivalent in local currency)
- Select Middle East & Southeast Asia: $50
Key Terms at a Glance
| Term | Detail |
|---|---|
| Eligibility | New clients only, one per household/IP |
| Minimum deposit to withdraw | None required to claim, but withdrawal requires meeting volume |
| Trading volume requirement | 100 standard lots (or equivalent) within 90 days |
| Maximum withdrawal from bonus | Bonus amount itself cannot be withdrawn; only profits generated |
| Leverage | Standard leverage applies (up to 1:1000 depending on entity) |
| Expiry | 90 days from credit |
Source: XM official bonus terms, verified 2026-06-23.
How the Bonus Works
Once you open and verify a Standard or Micro account, the bonus is credited automatically. You can use it to trade any instrument except certain restricted ones (check XM's list). Profits from bonus trades are yours to withdraw at any time, but the bonus itself remains on the account until the volume requirement is met. If you fail to meet 100 lots in 90 days, the bonus is removed, but any profits already withdrawn remain yours.
Important: The bonus is not withdrawable cash—it's a credit. Only the profit generated from trading with it can be withdrawn. This is standard for no deposit bonuses industry-wide.
Step-by-Step: How to Claim and Withdraw the XM No Deposit Bonus
Step 1: Open a Real Account
- Visit XM's official site: Open Account
- Choose account type: Standard or Micro (bonus not available on Ultra Low or Shares accounts)
- Fill in personal details (name, email, phone, country)
- Submit ID and proof of address for verification (KYC)
Step 2: Verify Your Identity
- Upload a clear copy of your passport or national ID
- Upload a recent utility bill or bank statement (within 6 months)
- Verification typically takes a few hours to 1 business day
Step 3: Receive the Bonus
- Once verified, the bonus is credited automatically to your MT4/MT5 account
- No deposit needed—just log in and start trading
Step 4: Meet the Trading Volume
- Trade 100 standard lots (1 lot = 100,000 units) within 90 days
- Volume is counted across all instruments, but forex pairs contribute 100% per lot
- You can check your progress in the XM Member Area
Step 5: Withdraw Profits
- Profits can be withdrawn anytime via bank transfer, credit/debit card, or e-wallets (Skrill, Neteller, etc.)
- XM states processing within 24 hours for verified accounts (per XM official withdrawal policy, verified 2026-06-23)
- Minimum withdrawal: $1 for e-wallets, $5 for bank transfer
Pro Tip: Start with a small deposit to boost your trading capital and meet the volume faster. Even $50 can help.
Comparison: XM vs Other Brokers with No Deposit Bonuses
| Feature | XM | Exness | FBS | IC Markets |
|---|---|---|---|---|
| Bonus amount | $30 (¥13,000 Japan) | $0 (no deposit bonus discontinued) | $50 | $0 (no deposit bonus) |
| Trading volume required | 100 lots in 90 days | N/A | 10 lots in 30 days | N/A |
| Withdrawal of profits | Yes, anytime | N/A | Yes, after 10 lots | N/A |
| Regulation | CySEC, ASIC, FSC | FCA, CySEC, FSA | CySEC, IFSC | ASIC, CySEC |
| EUR/USD spread | 0.6 pips (Ultra Low) | 0.1 pips (Zero) | 0.5 pips (Standard) | 0.0 pips (Raw) |
| Max leverage | 1:1000 | 1:2000 | 1:3000 | 1:500 |
| Min deposit | $5 | $10 | $10 | $200 |
| Platforms | MT4, MT5, WebTrader | MT4, MT5, WebTerminal | MT4, MT5, FBS Trader | MT4, MT5, cTrader |
| Support | 24/7 live chat, phone, email | 24/7 live chat, email | 24/7 live chat, phone | 24/7 live chat, email |
Sources: XM official site, Exness official site, FBS official site, IC Markets official site, all verified 2026-06-23.
Who Should Pick Which?
- XM: Best for beginners wanting a no deposit bonus with reasonable terms. Kenji, with his ¥100,000, can meet the 100-lot requirement over 90 days with careful trading.
- Exness: No no deposit bonus, but ultra-tight spreads and high leverage for experienced scalpers.
- FBS: Lower volume requirement (10 lots) but shorter timeframe (30 days). Good for those who trade frequently.
- IC Markets: No bonus, but raw spreads from 0.0 pips for serious traders who don't need incentives.
Is XM Regulated and Safe?
Yes, XM is regulated by multiple reputable authorities:
- CySEC (Cyprus): License 120/10 (per CySEC public register, verified 2026-06-23)
- ASIC (Australia): License 443670
- FSC (Belize): License 000261/126
- JFSA (Japan): XM Trading Japan is regulated by the Japan Financial Services Agency
Client funds are held in segregated accounts at top-tier banks, and XM participates in the Investor Compensation Fund (ICF) for EU clients (up to €20,000). For Japanese clients, additional protections apply under JFSA rules.
Risk Note: Forex and CFD trading involves significant risk of loss. According to XM's official risk disclosure, 76% of retail investor accounts lose money when trading CFDs. Never trade money you cannot afford to lose.
How to Open an XM Account in 5 Minutes
- Go to XM's website: Open Account
- Select account type: Standard (recommended for beginners) or Micro
- Fill in your details: Name, email, phone, country of residence
- Verify your identity: Upload ID and proof of address
- Fund your account (optional for no deposit bonus) or start trading with the bonus
That's it. Your account is usually approved within minutes during business hours.
Frequently Asked Questions
Can I withdraw the XM no deposit bonus as cash?
No. The bonus itself is a credit and cannot be withdrawn. Only profits generated from trading with the bonus are withdrawable.
What happens if I don't meet the 100-lot requirement?
The bonus is removed from your account after 90 days. Any profits already withdrawn remain yours.
Is the XM no deposit bonus available in Japan?
Yes, Japanese clients receive ¥13,000 via XM Trading Japan, regulated by JFSA. Terms are identical except the bonus amount.
Can I use the bonus on any account type?
No. The bonus is only available on Standard and Micro accounts. Ultra Low, Shares, and demo accounts are excluded.
How long does XM withdrawal take?
Per XM's official policy, withdrawals are processed within 24 hours for verified accounts. Bank transfers may take 1-3 business days to reflect.
Does XM charge withdrawal fees?
XM does not charge internal fees, but your payment provider may. Check with your bank or e-wallet.
How do I claim the XM no deposit bonus?
Open a Standard or Micro account, complete verification, and the bonus is credited automatically. No promo code needed.
Ready to Start? Open Your XM Account Now
If XM's no deposit bonus fits your trading style, don't wait—bonus terms can change. Open an account in under 5 minutes: Open XM Account. Remember to trade responsibly and read the full terms on XM's website.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Methodology: This article aggregates publicly available data from broker official pages, regulator public registers, and independent review aggregators verified on 2026-06-23. The editorial team has not personally traded on the broker(s) reviewed. For our hands-on testing protocol when implemented, see our methodology. Affiliate disclosure: Some links are affiliate links — we may receive compensation at no extra cost to you. Compensation does not influence broker rankings; see our editorial policy.
FAQ
Can I withdraw the XM no deposit bonus as cash?
No. The bonus itself is a credit and cannot be withdrawn. Only profits generated from trading with the bonus are withdrawable.
What happens if I don't meet the 100-lot requirement?
The bonus is removed from your account after 90 days. Any profits already withdrawn remain yours.
Is the XM no deposit bonus available in Japan?
Yes, Japanese clients receive ¥13,000 via XM Trading Japan, regulated by JFSA. Terms are identical except the bonus amount.
Can I use the bonus on any account type?
No. The bonus is only available on Standard and Micro accounts. Ultra Low, Shares, and demo accounts are excluded.
How long does XM withdrawal take?
Per XM's official policy, withdrawals are processed within 24 hours for verified accounts. Bank transfers may take 1-3 business days to reflect.
Does XM charge withdrawal fees?
XM does not charge internal fees, but your payment provider may. Check with your bank or e-wallet.
How do I claim the XM no deposit bonus?
Open a Standard or Micro account, complete verification, and the bonus is credited automatically. No promo code needed.
Sources & Verification
This article was fact-checked on 2026-06-23. Key claims:
- "XM no deposit bonus is ¥13,000 for Japanese clients, $30 for most others, $50 for select regions." — verified via https://www.xm.com/bonus-terms on 2026-06-23
- "Trading volume requirement is 100 standard lots within 90 days." — verified via https://www.xm.com/bonus-terms on 2026-06-23
- "XM is regulated by CySEC (120/10), ASIC (443670), FSC (000261/126)." — verified via https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37887/ on 2026-06-23
- "76% of retail investor accounts lose money when trading CFDs with XM." — verified via https://www.xm.com/risk-disclosure on 2026-06-23
- "XM processes withdrawals within 24 hours for verified accounts." — verified via https://www.xm.com/withdrawal-policy on 2026-06-23
Photo by Kostiantyn Li on Unsplash
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