The No Deposit Trading Bonus from XM gives new traders a real chance to try the XM platform without risking their own money. You do not need to deposit any funds to get started. The offer is 25 EUR, or the equivalent in several other currencies.
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The bonus lets you test the platform, its trading tools, and its spreads in a live account. It is a practical way to decide whether XM Group suits your trading style before you commit your own capital. Read the terms carefully, though, because the rules define what you can and cannot do with the bonus.
How the No Deposit Trading Bonus Works
The 25 EUR No Deposit Trading Bonus is credited to your account once you open a real trading account and complete the required steps. After that, you can trade with it right away. Any profits you earn from those trades belong to you and can be withdrawn once you meet the trading terms.
The bonus itself is for trading only. It cannot be withdrawn. Only the profits generated from trading can leave your account, so it helps to think of the bonus as trading capital rather than cash you can take out.
Currencies Covered by the Offer
The bonus is listed as 25 EUR or the equivalent in USD, GBP, CHF, JPY, AUD, RUB, PLN, HUF, SGD, and ZAR. The equivalent amount depends on the currency of your account, so check which one applies to you before you claim.
Who Can Claim the Bonus
This offer is for new clients only. Several groups are excluded, so confirm your eligibility before you start the process.
- New clients who have not previously held an account with XM under this offer
- Clients registered under Trading Point of Financial Instruments Ltd do not qualify
- XM Zero accounts are not eligible
The offer is also limited to one person and can be used only once. If you already have a qualifying account history or are unsure of your status, check the official terms before you open an account.
Step-by-Step: How to Claim Your Bonus
The claim process is straightforward, but every step matters. Missing one can delay or block your bonus. Follow the order below.
- Open a real trading account.
- Log in to the Members Area using the details sent to your email.
- Submit valid identification documents if you have not done so already.
- Click the button to claim your bonus.
- Complete the voice verification process as shown on your screen.
Once verification is complete, the bonus is added so you can begin trading. Some wording around the offer describes the bonus as received automatically, but you should still complete each claim step and check your Members Area to confirm the bonus appears.
Key Rules and Time Limits
Before you trade, know the deadlines and restrictions. They determine whether you can keep your profits.
- You have 30 days from the date you open your account to claim the free bonus.
- Automated strategies are not allowed.
- Scalping is not allowed.
- Arbitrage is not allowed.
- Trades placed during news events are not allowed.
Breaking these rules can lead to the bonus being removed, and profits may be affected. If your trading style involves fast entries and exits, review the restrictions first. For a general overview of short-term approaches, you can read our guide to 10 Best Scalping Trading Strategies for Forex Day Traders, then check whether those methods fit XM’s rules.
No Deposit Trading Bonus vs Depositing Your Own Funds
A no-deposit offer and a standard deposit approach serve different purposes. The table below compares the main differences for a new trader.
| Feature | 25 EUR No Deposit Trading Bonus | Trading With Your Own Deposit |
|---|---|---|
| Initial cost | No deposit of your own money required | You fund the account yourself |
| Capital at risk | Your own funds are not used to start | Your deposit is exposed to trading losses |
| Withdrawing the starting amount | The bonus itself cannot be withdrawn | Deposited funds can be withdrawn under standard terms |
| Withdrawing profits | Profits can be withdrawn once trading terms are met | Profits can be withdrawn under standard terms |
| Eligibility | New clients only, one use per person | Open to standard account holders |
Tips for Making the Most of the Offer
A free bonus is only useful if you use it to learn. Treat the account as a test environment for your strategy, not as a shortcut to quick profits.
Plan Your Testing Window
You have 30 days from opening your account to claim the bonus. Set a clear plan for those weeks, such as testing one strategy and recording the results. This keeps your evaluation focused.
Keep Your Strategy Within the Rules
Because automated, scalping, arbitrage, and news-event trades are excluded, test only the manual approaches that the terms allow. A simple trade journal helps you spot whether your trades stay compliant.
Manage Risk From the Start
Even when you trade with bonus funds, sound risk control matters because it shapes what you learn. Our article on Forex Risk Management: Position Sizing, Stops, and Leverage covers the basics that apply to any account size.
Compare Other Offers Before You Decide
XM is one of many brokers that run no-deposit promotions, and terms differ widely. Reviewing a broader selection can help you judge the value of this offer. Our Best No-Deposit Forex Bonus List: 12 Offers for 2027 gives an overview of other options.
Important Considerations Before You Start
The bonus is attractive, but it comes with conditions. Read the full Terms and Conditions before you claim, paying particular attention to withdrawal rules, eligibility, and restricted trading methods. The terms are the final reference for any question about your account.
Trading leveraged products carries a substantial risk of loss, and a bonus does not remove that risk from your trading. For general guidance on investor protection and avoiding unregulated providers, you can visit the Financial Conduct Authority website.
Conclusion
The 25 EUR No Deposit Trading Bonus gives new traders a no-cost way to explore XM’s platform. Only new, eligible clients can claim it, and the claim must be completed within 30 days of opening an account. The bonus itself cannot be withdrawn, but profits from trading can be, once you meet the terms. Follow the rules, keep your strategy compliant, and use the period to decide whether XM fits your trading goals.
FAQ
Do I need to deposit money to get the No Deposit Trading Bonus?
No. The offer is designed so that you do not need to deposit your own funds. You do need to open a real trading account and complete the claim steps, including identity verification.
Can I withdraw the 25 EUR bonus?
No. The bonus is for trading only and cannot be withdrawn. Any profits you earn from trading can be withdrawn once you meet the trading terms.
Who is not eligible for this offer?
The offer is for new clients only. Clients registered under Trading Point of Financial Instruments Ltd do not qualify, and XM Zero accounts are not eligible.
How long do I have to claim the bonus?
You have 30 days from the date you open your account to claim the free bonus.
Are scalping and automated trading allowed?
No. Automated strategies, scalping, arbitrage, and trades placed during news events are not allowed under the offer’s terms.
Can I use the No Deposit Trading Bonus more than once?
No. The offer is limited to one person and can be used only once.
