Detailed Introduction to XM and Rebate Overview

Cashback Island offers you rebate services for XM.

As an Introducing Broker (IB), Cashback Island introduces clients to XM. In return, XM rewards the IB based on the client’s trading volume. The IB then shares a portion of this reward with the client, which is known as a rebate.

Every time you trade using an XM account opened through Cashback Island, you will receive a rebate.

The process for opening a rebate account is the same as opening a regular account—just a simple user registration is needed!

Save money on your overseas forex trading by using our rebate service!

XM Rebate Information

XM rebates can go up to $2.4. For clients whose trading volume meets specific standards, higher-tier rebates can be further negotiated, effectively reducing overall trading costs.

Users who register through our exclusive link will enjoy rebate benefits, while all other trading costs (including spreads, commissions, etc.) remain identical to the official rates, with no extra fees.

This mechanism ensures that investors receive additional income while trading in an environment identical to the official standards.

Below are the rebate amounts for various trading instruments at XM.

※ Positions must be held for more than 5 minutes to be eligible for rebates. Trades made with bonus funds do not generate commissions.

How to Open an XM Rebate Account

To open an XM rebate account, please follow these four steps.

1. Open a live XM account through our IB link
2. Register and log in to our rebate backend (For specific registration instructions, please click here to view)
3. Go to the user page and register using the account you have opened.
4. After registration, rebates will be automatically generated with every trade

Open a New Trading Account

Click the button below to open your first XM live account immediately.

Open a New Trading Account

Introduction to XM

Since its establishment in 2009, XM has rapidly emerged as a leading global online trading broker, thanks to its transparent, fair trading environment and technological innovation.

As a financial service provider regulated by top authorities in multiple countries, XM holds compliance licenses in places like Cyprus (CySEC), Australia (ASIC), and Dubai (DFSA), and has won industry awards such as “Best European Forex Broker” and “Most Trusted Broker” for many consecutive years.

XM offers clients over 1,000 trading products, covering forex, stock indices, commodities, cryptocurrencies, and stock CFDs, and achieves millisecond-level order execution through MetaTrader 4/5 and its proprietary platform, with an execution rate as high as 99.35%.

Currently, XM has over 5 million registered clients worldwide, covering 196 countries, with an average monthly trading volume exceeding 2.4 billion transactions.

Company Background

XM is operated by Trading Point Holdings Ltd., headquartered in Limassol, Cyprus, with branches in over 20 cities worldwide, including Athens, Sydney, Shanghai, and Shenzhen.

The group’s core philosophy is “fair trading,” eliminating conflicts of interest through an ECN/STP model, where all clients enjoy the same spreads and execution conditions, regardless of account size.

With excellent customer service and educational resources, XM has hosted hundreds of online seminars and market analysis lectures to help investors improve their trading skills.

Regulation

XM is authorized and regulated by legitimate regulatory bodies, making it a trustworthy and legal entity. Below is the licensing and regulatory status of XM in major global markets.

Fund Security

To further protect client funds, XM has implemented strict fund segregation measures. All client funds are kept completely separate from the company’s operational funds and are held in independent trust accounts.

This segregation mechanism not only complies with international financial regulatory standards but also effectively prevents the company’s operational risks from affecting client funds, ensuring the safety and independence of client assets.

The company adheres to the International Financial Reporting Standards (IFRS) and regularly publishes financial reports audited by independent third parties.

These audits are conducted by world-renowned accounting firms, ensuring the authenticity and reliability of XM’s financial data.

In addition, XM proactively undergoes reviews by regulatory authorities to further verify the compliance and transparency of its operations, providing clients with a more secure trading environment.

XM Platform Features and Trading Conditions

The features of the XM platform can be broadly summarized as follows:

• Highly competitive spreads
• Up to 1000x leverage
• Over 1400 diverse financial products
• Trading terminals compatible with all platforms
• Tiered educational resource system
• Community trading and strategy copy functions
• Globalized customer support network

XM Account Types

XM currently offers three types of trading accounts: Standard, Micro, and Ultra Low.

The Ultra Low account is further divided into Ultra Low Standard and Ultra Low Micro.

All accounts offer negative balance protection, hedging, and Islamic account options. For deposits in currencies other than USD, the equivalent amount in the account’s currency will be displayed.

XM Bonus Promotions

XM currently offers a $15,000 no-deposit bonus promotion. Register to receive a $15,000 bonus to start trading.

No deposit is required, you can trade for free and earn profits! The bonus cannot be withdrawn, but all profits earned from trading can be withdrawn.

*Information on this site may be delayed. All information is subject to the official XM website.

Flexible High Leverage Mechanism

XM’s leverage system stands out with its “dynamic tiered” design, which automatically adjusts the maximum leverage based on the investor’s account equity.

For example, when a user’s funds are between $5 and $40,000, they can enjoy leverage up to 1:1000. This design meets the high-return needs of small-scale investors while reducing the risk exposure for larger amounts of capital through tiered levels.

Additionally, for specific commodities like gold and crude oil, XM sets separate leverage rules. For instance, gold trading can have leverage up to 1000x, while crude oil, due to its higher price volatility, has a leverage limit of 66.7x.

Users can adjust their leverage at any time through the backend without waiting for approval, significantly enhancing operational flexibility.

XM Financial Products Average Spread Overview

XM offers over 1,400 financial products, covering eight major categories including forex, precious metals, stock indices, thematic indices, Turbo stocks, commodities, energies, and stocks.

The spreads for these products vary depending on the account type. Specifically, the Standard Account and the Standard Micro Account have the same spreads, and the Ultra Low Standard Account and the Ultra Low Micro Account also have the same spreads.

Forex Currency Pairs

XM currently offers up to 55 forex currency pairs for trading. Below is a table of the average spreads for each currency pair across different account types. The data in the table is in pips.

CFDs and Other Financial Products

In addition to forex currency pairs, XM also allows traders to trade precious metals, stock indices, thematic indices, Turbo stocks, commodities, energies, and stocks.

For more information on spreads, please click here to view.

Full-Featured Trading Platform Integration

XM is compatible with MetaTrader 4, MetaTrader 5, and its proprietary WebTrader platform, meeting the needs of investors at different levels.

MT4, with its simple interface and rich library of technical indicators, is the preferred choice for short-term traders, while MT5 supports more complex order types and multi-asset management, making it suitable for institutional investors.

The platform also offers “one-click close” and “custom stop-loss” functions. For example, in gold trading, users can set a price to automatically lock in profits when it reaches $1,950.

Structured Educational Resource System

XM’s structured educational resource system provides investors with a variety of learning tools and courses, covering trading knowledge from basic to advanced levels, and supports free online seminars and lectures in 23 languages.

Investors can learn at their own pace and acquire skills in market analysis and trading strategies under the guidance of 77 professional instructors.

Whether it’s forex, stocks, or technical analysis, XM’s educational resources are designed to help investors improve their trading level and support them on their investment journey.

In addition, XM offers interactive online lectures and XM LIVE courses, allowing investors to gain a deep understanding of market operations and communicate directly with expert teams, further enhancing their trading techniques and market insights.

These resources are designed to meet the needs of investors at different levels, providing them with a comprehensive and flexible learning experience.

Community Trading Ecosystem

XM’s community trading and strategy copy functions integrate the advantages of social interaction and automated trading, providing efficient and flexible participation channels for investors of all levels.

Its community trading feature allows users to copy the strategies of top traders in real-time. Through a diversified signal provider screening mechanism, investors can select suitable copy targets based on risk appetite, historical performance, and trading style, while retaining full control over fund allocation ratios and leverage settings.

The strategy copy function further enhances risk management, for example, by setting custom stop-loss thresholds that automatically terminate copying when losses exceed a specified level. It also provides a highly transparent real-time monitoring dashboard to track the volatility and win rate of strategy providers.

Furthermore, XM’s unique “dual incentive model” not only allows strategy followers to reduce their learning curve through copying but also enables strategy providers to earn up to 50% in performance fees, forming a benign interactive ecosystem.

To ensure user experience, XM integrates MT4/MT5 platform technology, coupled with a minimum deposit of $150 and multi-national regulatory protection (such as CySEC, FSC), balancing accessibility and security.

XM Deposits and Withdrawals

As a leading global financial trading platform, XM always focuses on user needs, providing efficient and flexible fund management services for Chinese-speaking investors.

For both deposits and withdrawals, XM integrates multiple payment channels and strict security mechanisms, significantly lowering operational barriers and ensuring the immediacy of fund flows.

Introduction to XM Deposits

XM offers a variety of deposit methods, including credit/debit cards, e-wallets (such as Skrill, Neteller), cryptocurrencies, local payments (such as China UnionPay, Alipay), and bank transfers to meet user needs.

XM uses SSL encryption technology and follows the principle of fund segregation to ensure transaction security.

※ Available deposit methods may vary by registration region. Please refer to the methods displayed on the user’s deposit interface.

※ For bank transfers under $200, the handling fee is borne by the customer.

※ For bank transfers over $200, the platform covers the fee for the final leg of the transfer into the platform. Customers need to check with their bank about fees charged by the sending bank and any intermediary banks.

※ The fee from the customer’s cryptocurrency wallet to the platform is covered by the platform, but the transaction fee (miner’s fee) charged by the wallet is borne by the customer.

Introduction to XM Withdrawals

The withdrawal process must follow the “same source” principle, meaning funds must be returned to the original deposit channel. For example, if you deposited via UnionPay, you must withdraw via UnionPay.

XM does not charge withdrawal fees, but third-party payment providers may incur costs. It should be noted that profits can be withdrawn via any available method, but the principal amount must be returned via the original path.

XM strictly adheres to regulatory requirements to ensure the safety of funds and provides 24-hour customer support.

※ Available withdrawal methods may vary by registration region. Please refer to the methods displayed on the user’s withdrawal interface.

※ A withdrawal fee applies to bank transfers under €200 (or equivalent).

Frequently Asked Questions

Q1. Is XM safe?

XM’s security is based on multiple international regulations (including CySEC in Cyprus, FSC in Mauritius, etc.), strict implementation of client fund segregation and negative balance protection mechanisms, and the use of SSL encryption technology to ensure transaction security.

Q2. What kind of company is XM?

Founded in 2009, XM is a global online broker specializing in Contracts for Difference (CFD) trading, offering over 1,400+ trading instruments including forex, commodities, stock indices, and cryptocurrencies. It supports MT4/MT5 platforms with a minimum deposit of just $5. The company operates through multiple regulated entities covering over 190 countries, with core advantages including zero order rejections, multilingual services, and rich educational resources. It has also been certified as a “Best Workplace in Europe” and is suitable for retail traders seeking diversified investments.

Q3. Is dual holding or simultaneous reverse holding allowed?

Yes, it is allowed within the same account.

Q4. What is considered improper trading at XM?

Activities such as using bonuses for hedging arbitrage and latency arbitrage will be deemed improper trading by XM.

Q5. What should be done if an account is flagged for improper trading?

The user must immediately withdraw their funds, terminate the partnership, and close the account.