Originally published November 07, 2020 08:00:00 PM, updated November 08 2020
Claim your free $30 bonus for first time account in XM.
XM trading broker offers free $30 bonus for those who would like to try forex trading, CFDs or stock trading, CFDs future trading even metals or oils for the first time created an account. The profit you can earn from successful trading is withdrawable to your preferred e-wallets or crypto wallet even bank account or credit account. Create your account today my.xm.com.
Trading Bonus
The $30 Trading Bonus allows traders to test in a real trading ground without using their own money or investment risk. Any profits generated can be withdrawn 24/7 however, any withdrawal of funds or profit will occur in the proportionate reduction of your trading bonus.
To claim the bonus successfully select "Yes, I wish to receive the bonus." upon signing up on the website.
Standard/Micro/Ultra/Shares
Before you sign up please remember that you can choose between standard/micro/ultra/shares accounts. Each of these has a different advantage and I advise newbies while practice uses the micro account.
XM offers 4 account types which are Micro, Standard, Ultra, and Shares account.
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Micro – For traders who prefer small trading volume
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Standard – Comes with Standard trading conditions
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Ultra-Low trading cost from 0.0 pip
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Shares - min $10,000 capital
The main difference between XM Micro and Standard accounts would be the trading volume.
As the size of 1 lot is different.
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Micro - 1,000 units
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Standard - 100,000 unites
1 unit equals to 1 USD, 1 EUR, 100 JPY, etc…
The minimum trading volume available in the Micro account is only 1000 units, although it is 100,000 units for the standard account.
The available financial instruments are the same between different account types.
Who Can Claim?
This is only a promotion of the XM team however it is available to all traders opening an XM Real Account for the first time. Remember that there is a 30-day limit after the date of opening your account. From this on you must claim the bonus before it is made unavailable.
Login to MT5/MT4
MT5
Or
MT4
Which one to use between MT5/MT4 and which one is reasonable? the answer is the MT5 platform because it has more functionality and trading tools compare to the MT4 platform. However, it does not mean MT5 is much profitable compare to MT4 because winning depends on your analysis of the market.
Features include such as:
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economic calendar
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time & sales data
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real-time testing of trading strategies
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order filling policy
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market depth visibility
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a larger selection of technical indicators
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graphical tools
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and the ability to view multiple timeframes.
Read here: https://brokernotes.co/mt4-vs-mt5/
To access your login account, server, username, and password you need to open your email add. Remember your trading server to avoid confusion during login.
XM BONUS PROGRAM
XM bonus program works only upon successful deposit in your trading account.
How to use XMP
XM Points can be obtained by redeeming credit bonus and used in your trading ground. Feel free to redeem your XM Points at any time. Furthermore, we can redeem all of our XM Points at the same time leave some.
Don't forget that the XMP balance can be monitored in real-time in the Members Area or view the recent equivalent value credit bonus.
Zero Fees Policy
"XM covers all deposit and withdrawal transfer fees for payments made via Neteller, Moneybookers, and all major credit cards (including VISA, VISA Electron, MasterCard, Maestro, and China UnionPay). Additionally, all deposits and withdrawals above 200 USD processed by wire transfer are also included in the zero fees policy."
Instant Funding
Conveniently, electronic deposit methods such as credit cards or electronic wallets, are 100% automatically processed. The funds reflect in clients’ accounts automatically.
If you do not have a trading account at XM yet, this is your chance to explore the trading world and become eligible for the $30 bonus in two easy steps:
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Deposit funds in your trading account in the Members Area - not necessary to send a deposit because you have a free $30 bonus free.
About Trading Strategy
Now upon successful signup and claim of $30 bonus, we can start trading by entering buy and sell order. The question is when to buy and when to sell? There is 2 common strategy use to determine when to buy and when to sell, this is technical analysis and fundamental analysis.
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The technical analysis appears to be the preferred methodology of short-term forex traders, with price action as their main focus.
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Intermediate or medium traders and some long-term traders like to focus on fundamental analysis because it helps with currency valuation.
Read here: https://www.babypips.com/learn/forex/what-is-fundamental-analysis
For newbies in forex trading, it takes some time to understand this so I advise you to read some babypips tutorials and watch the videos in YT. This will help you to develop and avoid the risk of losing your $30 bonus. Also, you will gain insights and may stand above someday.
Create Account Now: xm.com
Original Author: https://read.cash/@Goldiablo/claim-30-bonus-forex-trading-b3858d9d
