XM Refer a Friend Program - Up to $35 per Friend

Jan 04, 2024 8606 0

Promotion Period: Unlimited
Available to: All Traders of XM
Promotions: EARN $35 PER FRIEND

What is XM Refer a Friend?

Refer a Friend program is structured so that, the more people you invite, the more you earn per successful referral.

How to invite a Friend to XM?

1. Open a Standard, Micro or Shares trading accounts. click here
2. You must first have a validated XM real trading account and have traded 3-5 standard lots*.
3. Log in to your Member’s Area and navigate to the Refer a Friend dashboard
4. Share your unique URL or invite friends via email
5. Earn cash for each friend that opens an XM account and trades 3-5 standard lots*
6. Track your progress and withdraw earnings through your dashboard

How Does XM Refer a Friend Work?

For each successful referral (i.e., ‘Referee’) you will earn a set withdrawable cash reward. A successful referral (i.e., a Referee) is a person who has used your referral URL to open, validate and fund his/her real trading account and traded 3-5 standard lots* in Forex, Gold or Silver using his/her own deposited funds. The amount you will earn per referral varies as follows:

XM Refer a Friend Program - Up to $35 per Friend

Any money you earn as a referrer, through the program, is withdrawable via your trading account.

Successful referees receive $50 as credit in their trading account upon completion of the above criteria. They are then eligible to join the program as a referrer and start inviting their own friends to join XM.

How Many Friends Can I Invite?

The XM Refer a Friend program was created to reward loyal clients for spreading the word about XM. As such, there are no limits to the number of friends you can invite. Keep in mind though, only friends who successfully complete the requirements will earn you rewards.

How do I Withdraw My Rewards?

Any rewards earned from the XM Refer a Friend program will be automatically credited to your “MyWallet”.

To withdraw your rewards, navigate to the “MyWallet” dashboard in your Members Area. From there, you can see your total balance, select how much you want to withdraw and/or transfer to your trading account(s).

When transferring funds to an XM trading account, MyWallet is treated as any other payment method. You will still be eligible to receive deposit bonuses under the terms of the XM Bonus Program.

Once the funds appear in the selected trading account you selected, you can withdraw them by following the standard process. It should be noted that conversion fees shall be applicable whenever the base currency of your account is not in United States Dollars (USD).

*Please be advised that the number of lots varies by region. Clients with Shares Accounts must first have a validated and funded XM Shares Account and must have traded $5,000 in trade value to qualify for the program. Terms and conditions apply.

Terms and Conditions

1. Clients, who meet the following criteria set forth herein, will be able to participate in the Company’s “Refer a Friend Program” (i.e., Referrers) through their Members Area:

(a) have a validated XM real trading account; and

(b) if the Referrers reside in Bangladesh, Indonesia, Egypt, Brazil, Pakistan, Nigeria, Sri Lanka, China, Kenya, Ukraine or Russia, they must trade five (5) standard lots (or 500 micro lots). Referrers who reside in a country other than those mentioned herein must trade three (3) standard lots (or 300 micro lots) in Forex, Gold or Silver. In addition to the above, Referrers holding an XM Shares account must trade a total trade value of USD 5,000.00 (or currency equivalent).

(c) In order for the aforementioned lot requirement to be met, the Company will take into consideration the trading activity and/or trading volume performed across all of the Referrer’s trading accounts (in either XM Standard or XM Micro accounts).

(d) Only Referrers whose trade(s) have a duration of more than five (5) minutes are eligible to participate in the “Refer a Friend Program”; for the purposes hereof, duration is considered the time between opening and closing of a trade.

(e) It should be noted that the trading activity performed by the Referrer whose trading account is registered under an Introducer of Business, will not be taken into consideration.

2. Referrers who meet the eligibility conditions set hereinabove, will be rewarded with a set amount of Reward in their “MyWallet”, which is calculated according to the number of friends (i.e., Referees) that they refer to the Company, as indicated below:

(a) “Refer 1-15 Friends” - USD 25 per friend.

(b) “Refer 16-30 Friends” - USD 30 per friend.

(c) “Refer 30+ Friends” - USD 35 per friend.

3. The “Refer a Friend Program” is only available for Standard, Micro and Shares trading accounts (i.e., not available for other account types such as Ultra Low trading accounts).

4. Referrers, who participate to the “Refer a Friend Program” can invite their friends (i.e., Referees) to the Company via dedicated link, provided by the Company via their Members’ Area. Referees will need to register an XM real trading account through the link provided, within thirty (30) calendar days from the receipt of link and successfully open and validate their trading account.

5. The referral is considered successful only if the following requirements are met:

(a) The Referee must open, validate and fund his/her trading account; and

(b) If the friend(s) referred (i.e., the Referees) reside in Bangladesh, Indonesia, Egypt, Brazil, Pakistan, Nigeria, Sri Lanka, China, Kenya, Ukraine or Russia, they must trade five (5) standard round turn lots (or 500 micro lots). Friend(s) referred who reside in a country other than those mentioned herein must trade three (3) standard round turn lot (or 300 micro lots) in Forex, Gold or Silver using deposited funds. In addition to the above, Referees holding an XM Shares account must trade a total trade value of USD 5,000.00 (or currency equivalent).

(c) In order for the aforementioned lot requirement to be met, the Company will take into consideration the trading activity and/or trading volume performed across all of the Referee’s trading accounts (in either XM Standard or XM Micro accounts).

(d) Only Referees whose trade(s) have a duration of more than five (5) minutes are eligible to participate in the “Refer a Friend Program”; for the purposes hereof, duration is considered the time between opening and closing of a trade.

6. Subject to the requirements set in Section E.5, the Referees will be rewarded with a USD 50 No Deposit Trading Bonus in their trading account. It should be noted that the USD 50 No Deposit Bonus is available for transfer into an XM Standard or an XM Micro account only.

7. It should be noted that the trading activity performed by the Referee whose trading account is registered under an Introducer of Business, will not be taken into consideration for the purposes of Section E.5; as such, they will not be rewarded with a USD 50 No Deposit Trading Bonus in their trading account.

8. Referrers are not allowed to refer the same person, as Referee, more than once.

9. Referrers are not allowed to invite existing XM account holders to the Program.