XM
With more than 15 million clients and over 15 years in the industry, XM is a well-established global broker known for its reliability, fast execution, and broad market access. It offers a strong balance of regulatory coverage and trading flexibility, making it a trustworthy and reliable broker for traders of all levels.
For traders seeking a well-rounded, reliable broker with a trusted reputation, fast execution, stable leverage and a range of exciting products features, XM remains a strong option to explore.
Standard
| Instrument | Cashback |
|---|---|
| AUDUSD; EURUSD; GAUCNH; GAUUSD; USDCAD; USDJPY | 7.20 |
| AUDCAD; AUDCHF; AUDJPY; AUDNZD; CADCHF; CADJPY; CHFJPY; EURAUD; EURCAD; EURGBP; EURJPY; GBPJPY; GBPUSD; GOLD; NZDCAD; NZDUSD; USDCHF; XAUCNH; XAUJPY | 8.00 |
| EURCHF; EURDKK; EURHKD; EURNZD; GBPAUD; GBPCAD; GBPCHF; NZDJPY; USDCNH; USDDKK; USDHKD; XAUEUR | 9.60 |
| GBPNZD; NZDCHF | 10.40 |
| CHFSGD; EURHUF; EURNOK; EURPLN; EURSEK; EURSGD; EURTRY; EURZAR; GBPDKK; GBPNOK; GBPSEK; NZDSGD; SGDJPY; USDHUF; USDMXN; USDNOK; USDPLN; USDSEK; USDSGD; USDTRY; USDZAR | 21.60 |
| GBPSGD; SILVER | 64.00 |
Ultra Low
| Instrument | Cashback |
|---|---|
| USDJPY | 2.40 |
| EURUSD; GBPUSD | 2.80 |
| AUDJPY; AUDNZD; AUDUSD; EURCAD; EURJPY; GAUCNH; GAUUSD; USDCAD; USDCHF | 4.00 |
| AUDCAD; AUDCHF; CADCHF; CADJPY; CHFJPY; EURAUD; EURGBP; EURNZD; GBPAUD; GBPCAD; GBPJPY; GOLD; NZDCAD; NZDCHF; NZDJPY; NZDUSD; USDHKD; XAUCNH; XAUJPY | 5.60 |
| EURCHF; EURDKK; EURHKD; GBPCHF; GBPNZD; USDCNH; USDDKK; XAUEUR | 8.00 |
| CHFSGD; EURHUF; EURNOK; EURPLN; EURSEK; EURSGD; EURTRY; EURZAR; GBPDKK | 18.40 |
Other Instruments
| Instrument | Cashback |
|---|---|
| BTCUSD | 16.00 |
| BTCUSD Cash | 8.40 |
| ETHUSD | 1.16 |
| ETHUSD Cash | 1.00 |
| GER40Cash; US100Cash | 0.52 |
| JP225 | 0.03 |
| JP225Cash | 0.02 |
| OIL; OILCash | 1.04 |
| US100; US30Cash | 1.12 |
| US30 | 2.72 |
| US500Cash | 0.17 |
| Account Features | Standard | Ultra Low |
|---|---|---|
| Minimum Deposit | $5 | $5 |
| Account Currencies Available | USD, EUR, GBP, JPY, CHF, AUD, ZAR, HUF, SGD, PLN | USD, EUR, GBP, AUD, ZAR, SGD |
| Leverage (max) | 1000 | 1000 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 50 | 50 |
| Spread Type | Floating | Floating |
| Increment | 0.01 | 0.01 |
| Avg EURUSD Spread | 1.6 | 0.8 |
| Commission (when applicable) | No commission at all | No commission at all |
| Fees | No fees | No fees |
| Maximum Number of Orders | 300 | 300 |
| Margin Call | 50% | 50% |
| Stop Out | 20% | 20% |
| Stop Loss / Take Profit Restrictions | None | None |
| Scalping Allowed | Yes | Yes |
| Hedging Allowed | Yes | Yes |
| Copy Trading | Yes | Yes |
| EAs Allowed | Yes | Yes |
| PAMM / MAMM | No | No |
| Islamic (swap-free) | Yes | Yes |
| Demo | Yes | Yes |
| Contract size | Standard & Micro | Standard & Micro |
| Broker Information | Details |
|---|---|
| Broker Name | XM.COM |
| Regulated Entity Name | XM Global |
| Year Founded | 15 years ago |
| Regulation(s) | CySEC, FSC, FSCA, DFSA, FSC, FSA |
| Headquarters Location | Cyprus |
| Website URL | Homepage |
| Support Email | XM Support |
| Support Live Chat URL | XM Support |
| Languages Supported | English; Greek; Simplified Chinese; Traditional Chinese; Bahasa Malay; Bahasa Indonesia; Korean; Russian; French; Spanish; Italian; German; Polish; Hindi; Arabic; Portuguese; Czech; Slovakian; Bulgarian; Bengali; Urdu; Thai; Nepali; Tagalog; Vietnamese; Cebuano; Hungarian; Uzbek; Turkish; Serbian |
| Key Features — XM |
|---|
| 15+ years in operation, serving 15M+ clients across 190 countries. |
| Multi-regulated broker (CySEC, FSCA, DFSA, FSA, FSC) ensuring global compliance and protection. |
| Low $5 minimum deposit; account types include Micro, Standard, Ultra-Low, and Shares accounts. |
| Competitive spreads: Ultra-Low from 0.8 pips; Standard avg. EURUSD ~1.6; no commissions. |
| 1,400+ tradable instruments: 55+ forex pairs, global indices, commodities, stocks, metals, energies, and crypto CFDs†. |
| Flexible funding: instant deposits, 24h withdrawals, multiple global & local payment options, fee-free. |
| Risk protections: segregated funds, negative balance protection, SSL encryption, strict AML compliance. |
| Bonuses & promos (region-specific): Welcome Bonus, No-Deposit Bonus, Deposit Bonuses, and seasonal offers. |
| XM Traders Club loyalty program: earn and redeem XMC points, five membership tiers (Bronze → Elite). |
| † Product availability (including crypto) varies by region/entity. |
| Why choose XM |
|---|
| Global reputation for reliability — over 10.3B trades executed with zero re-quotes and zero rejections. |
| Stable leverage up to 1:1000* that remains consistent even during major market events (NFP, FOMC, CPI). |
| Ultra-fast funding and withdrawals allow traders to react instantly to opportunities and avoid missed entries. |
| Rich educational ecosystem — XM Live daily streams, 7-day webinar series, and Tradepedia video library. |
| Community-driven extras: copy trading, global competitions with withdrawable prizes, loyalty rewards scaling with activity. |
| Award-winning multilingual support — 24/7 in 30+ languages, plus local seminars and events worldwide. |
| * Leverage depends on instrument and the regulating entity. |
| Payout Details | XM |
|---|---|
| Payout Frequency | Daily |
| Payout Methods | As per trading account |
| Minimum Withdrawal | No limitations |
| Trade Restrictions | As per terms and conditions |
Want to see how Ninjay’s XM cashback compares with other cashback providers?
View the full XM cashback comparison here.
| Funding Methods | XM |
|---|---|
| Deposit Methods | Multiple Payment Methods Available (Credit Card, Debit Card, Skrill, Neteller, Wire Transfer, Perfect Money, Local Bank Wires, Apple Pay, Google Wallet etc). Please note: payment methods depend on the XM entity. |
| Withdrawal Methods | Multiple Payment Methods Available (Credit Card, Debit Card, Skrill, Neteller, Wire Transfer, Perfect Money, Local Bank Wires, etc). Please note: payment methods depend on the XM entity. |
| Deposit Fees | XM does not charge fees on deposits or withdrawals. In most cases, XM also covers any transfer fees applied by payment providers, so deposits are fully credited to your trading account. |
| Withdrawal Fees | XM does not charge fees on deposits or withdrawals. In most cases, XM also covers any transfer fees applied by payment providers, so withdrawals are processed without additional charges. |
| Processing Time | Withdrawals are processed instantly by XM’s Artificial Intelligence Back Office System (algorithm-based). Bank wire and debit card withdrawals usually take 2–5 business days to reach the client’s account. Depending on the method, transfers may be instant or up to 5 business days. |
| Promotions | XM |
|---|---|
| Welcome Bonus | Available to eligible new clients — provides a risk-free way to test XM’s trading conditions with real-time execution, spreads, and pricing. Profits are withdrawable once trading requirements are met. |
| No Deposit Bonus (NDB) | Let’s clients start trading without depositing funds. No upfront cost; profits are withdrawable; credited automatically after verification. Availability varies by region. |
| Deposit Bonus | Up to 100% credited to equity (not just margin). Can be used to open larger positions; profits earned are fully withdrawable. |
| Seasonal Promotions | Region-specific and time-limited offers tied to holidays, XM-hosted seminars, or trading activity. Examples: seasonal bonuses, event-exclusive rewards, educational incentives. |
| Trading Competitions | Regular demo and live contests through XM Competitions platform with cash prizes, live leaderboards, and low entry barriers. Profits from demo contests are withdrawable when conditions are met. |
| Loyalty Program | XM Traders Club — earn XMC points for every standard lot traded. Redeemable for cash or bonus credits; five tiers from Bronze to Elite with increasing benefits. |
| Disclaimer | Promotions vary by region and XM entity. Not available under all regulations (e.g., CySEC/DFSA). Please visit the XM Homepage for eligibility details. |
| Trading Platforms & Tools | XM |
|---|---|
| Trading Platforms | MT4, MT5, XM App |
| Copy Trading Available | Yes |
| Social Trading Tools | Yes |
| VPS Hosting | Yes |
| PAMM / MAM Options | No |
| API Access | No |
| OCO Orders | No |
| Trailing Stops | Yes |
| One-click Trading | Yes |
| FAQs | XM |
|---|---|
| Where can I get support? | XM Support |
| Where can I access education? | XM Live Education |
| What is the minimum deposit? | $5 across Micro, Standard, and Ultra-Low accounts. |
| Does XM allow copy trading? | Yes — traders can copy strategies from Strategy Managers via XM’s copy trading platform. |
| Are deposits and withdrawals free? | Yes — XM covers most transfer fees; no extra charges on deposits or withdrawals. |
| Disclaimer | Conditions and availability vary depending on the XM entity and regulatory jurisdiction. Please check the XM Homepage for full details. |
How to get your rebate
Create your free Ninjay account.
Open a trading account from our broker list.
Already have one? Contact your broker’s support to move your account under our IB ID.
Once confirmed under our ID, your account is linked.
Keep trading as normal — your cashback will be added to a separate wallet automatically.
Rebates build up in your broker wallet as you trade.
Withdraw them the same way you withdraw your usual trading funds.
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