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Xm offers different types of affiliate programs, and there are four basic ones. One of the most popular affiliate programs is Local Representation, meaning you act as a local xm.com representative. Each referred client who makes a transaction or deposits a certain amount will receive a profit.
Just like easy and profitable, the money management software allows you to run multiple accounts through the MT4 trading platform and earn money from commissions and trades you manage.
The XM IB program or the XM Affiliate Program exists in the partnerships section of the XM website. Affiliate payments with XM are made weekly, usually on Thursday. The affiliate platform is rich and excellent, with lots of trading tools, banners, analytics dashboards etc.
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Login for XM partners is now available in the Partnership: XM Partners section.
XM partners get their money by bank transfer, Skrill or Neteller. XM's deposit and withdrawal methods for customers include credit cards, bank transfer, Skrill, Neteller, and various electronic payment methods.
Introducing new brokers can earn you $ 10 for every new client who trades a lot as well as 10% of those who contact xm through you. The introduction of a brokerage program is a great opportunity for those brokers who already have clients in their database.
As with the introduction of a brokerage program, there is an online affiliate for those who have websites with Forex novice investors.
Xm works very fast, so new clients only need one day to get all the information they need to start working with us and you can start earning commission.
Xm has amazing advertising tools prepared for its clients, with all the analytics and ability to track everything you need to know about your clients, markets, trades. The system for calculating profits for recommended clients is automated and transferred to your account directly in the first week of the month. You can transfer your money from your account via PayPal, Neteller, money brokers and wire transfer.
Finally, the great thing is that xm.com actually helps you become a successful partner as it helps you attract customers through various happenings, seminars and events.
In our Xm.com broker review, we've outlined the basic features and offers of this famous forex broker. In this article, we will only analyze the deposit and withdrawal options.
XM is one of the world's leading forex brokers and millions of traders around the world use XM to trade Forex. Many of these Forex traders invest large amounts of money in Forex trading.
They would like to know XM's deposit and withdrawal methods in order to make the right decision. One of the factors influencing the choice of a deposit or withdrawal method is the country where the trader resides. Some payment / withdrawal methods are popular in each country due to several factors and the trader usually uses this method as the fees will be lower. Unless otherwise stated, the currencies for the deposit and withdrawal methods are USD, EUR, GBP, CHF, HUF, PLN, AUD.
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The XM Affiliate Program calculates a commission for partners for each transaction made by the referred client, at the rate per lot, i.e. the volume of transactions made by the referred traders. 1 Lot is 100,000 units of currency. If an affiliate introduces from 3 to 10 customers, they earn a commission of $ 7 per flight, and for 31 or more referrals, the commission will be $ 10 per flight.
The payment threshold is $ 50, but you need to submit a payment order between the 3rd and 7th of the month to get the commission. They will be made via Neteller, Moneybookers or by transfer to the player's account on the Forex platform. If a client would like to receive a commission payout via bank transfer, the minimum withdrawal threshold is increased to $ 200.
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For each transaction made by our referrals, we are charged a commission. Their size depends on the number of clients acquired monthly, and so for example, with 5 referrals obtained in the current month, for 1 flight they make, we will get $ 7. A single lot is equal to 100,000 currency units. At first glance, it may seem like very large amounts, but you should remember about the financial leverage.
With its help, we can conclude large transactions with a small capital. The commission can drop to $ 3 when we recruit fewer than 3 new clients a month, which is one of the major drawbacks of the program. If we have a thematic page, it is worth consulting our account manager in order to maintain a high individual commission rate in return for promoting only their broker.
XM also offers a second tier of affiliate program that will provide us with 10% of the revenue of our referrals. The advantage of this level is certainly the fact that a customer recommended once can generate profit for us for a very long time.
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The minimum amount to be withdrawn is only $ 5 or its equivalent in another currency, the withdrawal can be made to a skrill or neteller account, to payment cards (Visa, Mastercard, Maestro, UnionPay) or to a bank account (here the minimum amount is already 50 EUR). Withdrawals are made within 24 hours, and in the case of a bank transfer, the waiting time will be extended to 2-5 days.
Income from the program can be settled by an appropriate invoice, and if we do not have a business, unfortunately we have to deal with tax issues ourselves.
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The program offers us a lot of promotional tools, and we can ask our supervisor to create materials intended only for us. Below you will find the basic materials available directly in the affiliate panel.
• Coupon: A tool that allows us to print a physical coupon that we can distribute directly to people. The coupon has a special code identifying us as the referrer, after entering it, the user also gets a bonus to his forex account.
• Banners: We can use two types: static or animated. Banners always present the current offer of the broker.
• Text Links: Basic tool used almost anywhere. We cannot build links ourselves, but basic links are already available. If we really want to generate new links, we can ask our supervisor for it.
• RSS: RSS feed, not available in our language.
You can also try to get dedicated materials such as:
• Newsletter: We can get a ready newsletter about current promotions.
• Sales page: A website with affiliate links ready to be uploaded to your own hosting.
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XM is a world-class broker and their site is available in 20 languages:
English, Chinese, Japanese, Russian, Arabic, Portuguese, Czech, Greek, Indonesian, Swedish, Turkish, Spanish, Italian, Filipino, Malay,
Hungarian, French, German, Korean, Dutch, Vietnamese, Thai and Polish.
For legal reasons, the broker is not available in the US, Iran, Burma, Sudan, Syria and North Korea.
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Support is one of the greatest advantages of the program offered by XM. After registering in the program, we are assigned an individual guardian, who is usually English-speaking. Of course, you can ask for a tutor who speaks our native language. The guardian's task is to facilitate our work in the program, we have his direct e-mail address, telephone number and Skype at our disposal. After joining XM, the guardian will call us himself to familiarize himself with the partner program.
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XM broker registration starts with a simple form. Later, traders need to fill in a lot of details like address, employment status, average income and upload verification documents correctly.
Even forex beginners will find xm.com fast and easy to navigate. All information is provided in a simple, easy-to-understand manner. The registration process was simple, although it should be noted that while the company works in many different languages, the registration form must be completed in English. Registration on the site only took a few minutes.
Deposits and withdrawals can be made by credit card and are not subject to any fees or commissions. Accepted credit cards are MasterCard, Visa, Diners Club, Switch and Solo. xm.com also accepts deposits and withdrawals via Neteller, Bank Transfer and MoneyBookers, services for which there is a small fee. Regardless, xm.com does not charge customers for using these services.
A popular and fastest growing Forex broker on the market is XM, initially operating under the XEMarkets brand. The brand is owned by Trading Point of Financial Instruments Ltd registered in Cyprus. The broker offers its clients over 100 financial instruments and over 60 currency pairs. In Poland, XM is registered with the Polish Financial Supervision Authority.
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XM Deposit and Withdrawal Methods.
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XM offers various deposit and withdrawal options. XM's deposit and withdrawal methods are credit card, bank transfer, Skrill, Neteller, and various electronic payment methods.
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The XM deposit and withdrawal methods are the online payment methods that the XM forex broker accepts for traders: credit card, debit card, Neteller, Skrill, UnionPay, bank transfer. XM's withdrawal options for partners include Skrill, Neteller and Bank Wire.
XM offers payment options for traders such as:
VISA
VISA Electron
MasterCard
Maestro
Diners Club International
UnionPay
XM card
Skrill
Neteller
Internet money
Bank transfer
The minimum deposit to the XM account is $ 5 for MICRO and STANDARD forex accounts, $ 50 for ULTRA LOW trading accounts, $ 10,000 for SHARES accounts. The minimum XM withdrawal amount is $ 5 for MICRO and STANDARD trading accounts, $ 50 for ULTRA LOW trading accounts while for SHARES accounts it is $ 10,000. The minimum amount to deposit to your XM account and the minimum withdrawal to your XM account depends on the type of order, not the payment method. The Skrill withdrawal option is one of the most used payment methods and the minimum deposit for Skrill (also withdrawal) depends on the account types.
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MT4, MT5, XM WebTrader
Trade over 1,000 instruments. Anywhere at any time.
CFDs on Forex, Stocks, Indices, Commodities, Metals and Commodities
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If you are looking to become an affiliate, you can try xm.com. XM.com partners offer up to $ 25 per flight as a revenue share for partners.
Work with a trusted global broker
Partners and IBs from 196 countries choose XM as their partner.
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There are several XM deposit options:
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XM credit / debit card
XM accepts deposits with Visa, Visa Electron, Mastercard, Maestro credit and debit cards. The minimum deposit amount is $ 5 and the amount is instantly transferred to the user's forex account. There are no fees for using this deposit method. As most people have a debit or credit card, this deposit method is widely preferred. However, most credit and debit cards have a limit so the amount you can deposit is also limited.
XM electronic payment
All electronic payment methods are free of charge and there is a minimum deposit of $ 5. Neteller, Skrill and Unionpay are some of the electronic payment methods. For Neteller and Skrill, the amount is transferred to your forex account instantly, while for Union payments, the deposit will be processed within 24 hours. Cash only accepts USD payments and Przelewy24 accepts PLN payments and the amount is instantly transferred to your forex account. For Bitcoin, only three currencies are accepted, USD, EUR, JPY, and it can take up to one hour to process your payment.
XM Banking
Compared to deposits, there are fewer withdrawal methods as discussed below. Unless otherwise specified, an XM user will need to withdraw a minimum of five USD at a time and there are no withdrawal fees. Withdrawal request processing time is normally 24 hours on business days if customer has met KYC requirements and submitted required documents. These documents constitute proof of identity and confirmation of the entrepreneur's address. However, the amount will be transferred to your linked bank account, usually after three to five business days.
XM Credit Cards and Electronic Payments
You can use Visa, Visa electron, Maestro and Mastercard credit and debit cards to withdraw funds. Unionpay is another withdrawal option. Likewise, Skrill (formerly called Moneybookers) and Neteller are electronic payment methods used to withdraw funds. Bitcoin can also be used to withdraw money in your XM account, although funds can only be withdrawn in USD, EUR and JPY. Usually, credit / debit card withdrawals have the highest priority by XM followed by Bitcoin withdrawals and Neteller / Skrill (e-wallet) withdrawals.
Transfer XM Bank Transfer
XM via bank transfer can be done by following these steps:
Log in to the "Member Area"
Go to "Deposit" and select the "Bank Transfer" deposit method
The bank account details will appear.
Many Forex traders trade large amounts and prefer to make bank transfers to withdraw their profit.
Two hundred dollars is the minimum amount allowed to be withdrawn to a bank account. Withdrawal fees will vary depending on the bank selected by the trader. The amount is usually transferred to your bank account within two to five business days after you submit your withdrawal request. XM may process bank withdrawal requests slower. The longest XM bank transfer payout period has been 5 days in the last 8 years.
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Information about XM software.
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In order to meet the needs of the whole audience, XM Forex exchange site provides accompanying software versions. The additional XM MAM Trader alternative provides the trader with multiple accounts with the possibility of temporary administration. This way, any new or major Forex trader will be able to reserve / source stocks without lifting a finger.
People needing to trade progress will also be pleased to hear that the Financier offers a range of portable swap apps that allow customers to view, supervise, and open venues anywhere. Currently, XM provides portable swap apps that work well with most smartphone gadgets. The range of stages to be acquired by XM is large and should be enough to satisfy the lion's share of merchants.
All kinds of products that XM uses are reliable and allowed. Coincidentally, we have to consider that foundations in distress are authoritatively managing the XM stage in the European Union, so no doubt you are in a protected place here. The interface is something else you need to consider; why choose a legal Forex broker. All things considered, XM has a lot of work to do as well. Check it out for yourself.
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XM provides customers with a variety of contact methods, including the ability to request a callback, obtain live chat support, and forward email to specific departments, ensuring you reach the right people. Customers can also call the company directly from their Cyprus base or use one of the many different contact numbers listed on the XEMarkets website if they know where their phone is going.
We tested the xm.com live chat support several times and were consistently impressed with the respondent's professionalism and responsiveness. Both general and technical inquiries were handled with prudence and care.
The best option is to use the live chat from the XM forex support center.
In the course of our xm review, we found email support to be adequate. Responses were factual and received within six hours. XM Account Review With Zero Spread - Additional XM Broker Features.
They have a remarkable 37 instructional exercises, webinars in 12 dialects, and activities organized everywhere. Another merchant has a long way to go to see this agent.
XM offers a tight spread account and the name of this account is XM zero. The minimum deposit in an XM zero account is $ 50.
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Xm provides many unique features and has many other exciting plans in the pipeline to be rolled out soon. So, for beginners, xm.com offers some of the highest welcome bonuses available, alongside generous loyalty bonuses, including a 20% welcome bonus and a 10% bonus on all subsequent deposits. They also advertise a managed account service which, while not yet available, guarantees popularity with traders looking for professional help in managing their account. Very few forex brokers currently offer this type of service.
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To keep the funds of its clients and forex traders safe, XM takes all measures to prevent unauthorized access to their information systems. All client funds are segregated and held in the most reputable banks around the world. Additionally, XM also offers its clients negative balance protection. XM has a risk management system in place which will ensure that the trader's loss is only limited to the amount deposited with XM.
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Trading in the Forex market without any deposit.
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Lots of people are interested in trading Forex but don't have the money to take the risk. However, it is still possible to gain experience in Forex trading without making a deposit.
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To encourage people who are curious about Forex trading, XM is offering a $ 30 no deposit bonus to all those who create a new account with XM. This allows the new trader to take the risk of trading without risking their own money. The amount is directly credited to the live trading account and helps the trader to understand the market conditions.
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XM also allows new traders to create a demo or virtual account for Forex trading with virtual money. Investors will receive $ 50,000 in virtual money for each account they create, which they can use to trade, learn about the features and test the strategy. The trader can create any number of demo accounts to practice trading. If the demo account is inactive for a long time, it will be deleted immediately.
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