Open a XM(XM GLOBAL) rebate account

XM (XM Global) is one of the most popular overseas forex trading platforms among investors.

The luxurious bonus activities, the 1000x leverage which is not possible in China, and the perfect Chinese customer service are the reasons why XM attracts many overseas investors.

In addition, XM is famous for its high turnover rate and the fact that the group holds several financial licenses, which shows that its operation system is very stable.

Easy Account Opening Support Service

For customers who have questions about opening an account, we have provided an inquiry form for you to fill out.

Please feel free to contact our customer service for any questions you may have, from opening an account to receiving your rebate.

About XM’s rebate rates (forex trading)

For overseas forex brokers with large spreads like XM (XM Global), choosing to receive a continuous rebate on every trade will effectively reduce trading costs compared to receiving a lump sum at account opening.

※The amount of rebate is per 100,000 dollars. If the trade size is 10,000 or 1,000, the rebate amount will also be calculated proportionally.

XM also provides automatic rebate service.

To apply for the automatic rebate service, please refer to Here.

Receive commissions even on CFDs

When you open an account with XM through TariTali, you will receive rebates not only for Forex trading, but also for trading CFDs.

Please refer to the following links for the commission rates for each CFD commodity:

 XM／CFDs Rebate Rate

We are committed to providing the highest commission rates

We offer a higher commission rate than any other commission platform in the industry. 

If another affiliate offers a higher rate than TariTali, please contact us using the form below.

Applying Rebates to Reduce Transaction Costs

XM offers Three types of bonuses：Account Opening Bonus (Trading Bonus), Deposit Bonus and XM Loyalty Mode. (KIWAMI EXTREME ZERO account only offers bonus for new account opening)

However, if you open a commission account through TariTali, you will not be able to receive the XM account opening bonus and deposit bonus, but you will still be able to receive the XM Loyalty Mode (XMP) bonus.

The bonus conversion rate is “XMP ÷ $3”, so if you trade 1 lot at the ELITE level and get 20 XMP, that translates to $6.66 in bonus. 

By combining the use of this bonus with the use of rebates, you can reduce the actual cost of trading 1 lot (100,000 currency) to the following levels. 

However, please note that since rebates do not apply to trades using the bonus, the actual transaction costs may vary slightly, so please use this as a general idea for reference.

▼Here are the actual transaction costs for Standard and Micro accounts

※ Reimbursement amount for automatic rebate

About opening a rebate account

You can open a rebate account by following 4 steps.

Please refer to “XM New Account Opening Procedure” for detailed account opening procedures.

Points to note for receiving rebate

To receive a rebate in a rebate account, the following conditions must be met.

Please note that even if you select the “Wish to receive a bonus on your account” option when you open a rebate account, you will not be able to receive the New Account Opening Bonus and Deposit Bonus. 

However, you will still receive other bonuses such as the XM Loyalty Model (XMP) and Tournament Bonus.

About opening a new account (Introducing Broker Switching)

For the XM (XM Global) platform, it is not possible to tie an account opened through other channels to our commission account.

Therefore, in order to open our commission account, you will need to open an additional account from the XM Membership page.

For more information on how to open an additional account, please refer to the “XM Additional Account Opening Procedure” below.

About applying for automatic rebate service

For XM (XM Global) platform, we also provide auto-rebate service.

Auto-rebate means that the rebate is paid directly from the XM platform to the trader’s account (MyWallet) instead of through the introducing broker.

The advantage of auto-rebate is that since the rebate is paid directly from the XM platform, there is no need to provide us with bank account information.

However, if you wish to transfer your commission to a personal bank account, you will need to transfer it from MyWallet to a trading account, which requires a few extra steps.

Please note that during the transfer process, any bonus funds in the account will disappear as the amount is withdrawn.

If you wish to use the auto-rebate service, please apply for it, taking into account its advantages and disadvantages, using the form below.

The fastest payout in the industry

We have introduced a pre-payment system.

Therefore, you can enjoy the fastest payout in the industry, i.e. the next day after trading.

No Handling Fee for Withdrawal

Our commission rebate service supports domestic bank transfer and overseas bank remittance, and all remittance fees are free.

Simultaneous use of rebate accounts and XM bonuses

The XM platform offers three types of bonuses: New Account Opening Bonus (Trading Bonus), Deposit Bonus and XM Loyalty Model (XMP). (KIWAMI JI-ZERO ports only offer new account opening bonuses.)

The details of each type of bonus are shown below.

New Account Opening Bonus (Trading Bonus)

The New Account Opening Bonus is a bonus that can be received after opening and activating a new account.

The amount of the bonus is 13,000 yen, and with 1,000 times leverage, you can trade 13 million yen.

You can use this bonus without making a deposit, but you should pay attention to the following when you use it.

Deposit Bonus

The deposit bonus mechanism is a 100% bonus for deposits up to $500 (equivalent) and a 20% bonus for deposits over $500.

For example, if you deposit $500, you will be able to use $1,000 of margin.

The maximum amount of deposit bonus is $10,500 (equivalent), and you will receive a bonus every time you make a deposit until you reach the maximum amount.

However, please note the following cautions regarding the use of the Deposit Bonus.

XM Loyalty Program

The XM Loyalty Program is a program that awards points based on trading volume, and the accumulated points can be converted into bonus or cash.

The XMP program has four levels: EXECTIVE, GOLD, DIAMOND, and ELITE, each with a different reward.

You will start from the “EXECTIVE” level and upgrade to the next level after a certain number of trading days.

When you upgrade to the ELITE level, you will earn 20 XMP per trade.

The points earned can be converted into free money or cash and used for trading, but the conversion rate varies.

Even with the same 100XMP, the exchange rate for converting it to free money is higher.

Although you can convert it to cash and transfer it to your bank account, it is more favorable to convert it to free money and use it for trading.

However, please note the following when using XMP.

Utilization of Rebate and Gratuity Collection Methods

Depending on the type of account, different bonuses apply.

The opening and depositing bonuses are not applicable to rebate accounts, but XMP is available for Micro and Standard accounts.

However, trades made after converting XMP to credit will no longer generate commissions.

In addition, XMP has an expiration date, so if you don’t trade for a period of time, your rating will be lowered.

In order to effectively utilize rebates and XMP, it is important to distinguish between regular accounts (for bonuses) and rebate accounts.

Since XMP is calculated on an account basis and not on an individual trading account basis, it is wise to transfer the XMP generated in the commission account to a regular account and utilize it.

The New Account Bonus is only applicable to accounts opened for the first time at XM. In order to utilize the bonus available to each account, we suggest you to follow the steps below:

It is very important to trade in a bonus account with XMP that has been deposited as a bonus or redeemed and to maintain the level of XMP.

Profits generated in a bonus account can be transferred to a commission account as margin.

However, when transferring, the corresponding amount of bonus will be lost, so it is recommended that you only transfer the amount you need to trade. 

XM (XM Global) Details

XM (XM Global) is one of the most popular forex trading platforms among overseas investors.

Its high quality trading environment and high reliability are the reasons why it attracts many investors.

XM（XM Global）Corporate Profile

Founded in 2009 and headquartered in Cyprus, XM is a forex trading broker.

XM has been aggressively pursuing clients in various national markets and has successfully attracted many clients from all over the world, with the main selling points being the availability of high leverage and free deposits.

In 2018, as a result of the regulations imposed by the European Securities and Markets Authority (ESMA) on foreign exchange brokers in the European Union in terms of leverage and bonuses.

Through this move, XM was able to continue to offer highly leveraged and complimentary programs.

The XM Group has acquired the following licenses and has diversified its services.

With recognizably difficult to obtain UK and Cypress licenses, it is certain that XM is a reliable business.。

Word of mouth about XM (XM Global)

XM has a large number of users around the world, so it’s easy to find a wide range of reviews on the internet.

Most of the reviews are positive, with a lot of bonus activities, a good reputation for the company’s operations and excellent customer service in Chinese. On the other hand, there are also some negative comments about the floating spreads and the complexity of the trading rules.

XM has almost no negative comments about withdrawals being rejected, but due to the complexity of the trading rules, there are some instances where they may inadvertently violate the agreement and cause delays in withdrawals.

Overall, this is a well-balanced forex broker with good trading specifications and suitable for beginners.

XM（XM Global）features and trading content

The features of XM are as follows:

Four account types to choose from

Since October 2022, XM has been offering the new “KIWAMI Account”, so there are a total of four account types available at XM.

The general features are as follows: Standard is the most basic type of account, Micro is a mini account that can be traded from 10 currency units, and ZERO is an ECN type of account with low spreads but with a handling fee.

The newly launched KIWAMI Account combines the 1000x leverage of the Standard and Micro accounts with the low spreads of the ZERO account.

In addition, the KIWAMI Account has the advantage of being able to trade without overnight fees, except for some instruments.x

If you would like to familiarize yourself with the XM  Golbal environment before opening a live account, it is recommended that you open a demo account to experience it.

On the XM platform, you can create up to 5 demo accounts, which are valid for 60 days.

Please note that if the account remains unused for 60 days after the last login, your account will be suspended.

Maximum leverage is 1000x

XM (XM Global) has a maximum leverage of 1000x for Micro, Standard, and KIWAMI accounts and 500x for ZERO accounts.

However, the leverage of XM leverage varies according to the amount of margin in the account, as detailed below:

In order to use 1000x leverage and trade with less margin, it is necessary to limit the total amount of margin to less than $40,000 USD.

Multiple trading platforms to choose from

XM supports a wide range of devices, so you can trade on your smartphone or tablet, wherever and whenever you want.

XM’s trading platforms are not self-developed, but utilize the world-renowned shareware MT4 (MetaTrader4) and MT5 (MetaTrader5) for trading.

Many overseas forex companies that offer forex and CFD trading use these two software programs, which shows that it is a stable and very easy to use trading platform.

High transaction rate is its charm

Compared to domestic forex companies which usually set up their data centers in China, overseas forex companies usually set up their servers overseas, so many people may worry about how the turnover capacity is.

Although XM is headquartered in Cyprus, all systems are located in a data center near the City of London.

In addition, by having dedicated and mirrored servers near the Far East, it is ensured that there are no delays in accessing the site, even from within the country.

As a result, there is a high degree of liquidity and virtually no slippage in any of XM’s accounts.

Since there are no re-quotes, you are able to trade more safely and securely than domestic players.

Spreads and Swaps on Tradable Pairs

There are as many as 55 currency pairs (54 for Zero Spread accounts) available for trading at XM, with a very wide selection, even including some rare pairs.

Spreads are slightly wider in Micro and Standard accounts, but very narrow in KIWAMI Extreme and Zero Spread accounts.

In addition, in KIWAMI Extreme Accounts it is possible to trade swap-free with the exception of some commodities.

Below are the minimum spreads and swaps for Standard accounts as of February 2024, as published on the official XM page.

※Zero spread trading accounts are not available

About CFDs and other trading commodities

At XM, you can trade a wide range of CFDs on precious metals, energy, commodities, stocks and more.

Since August 2023, XM has also been offering over 1,300 stock CFDs on the MT5 platform.

The ability to trade CFDs on the same platform as forex is one of the attractions of XM.

Precious Metals

In terms of precious metals, you can trade 5 different commodities.

Gold has a maximum leverage of 1,000x (500x for zero spread accounts), Silver 400x, and Palladium and Platinum have a leverage of 22x.

The table below shows the minimum spreads and swaps for Standard accounts as of February 2024, as published on the official XM page.

※ Only on MT5

Energy

In Energy, you can trade 3 spot commodities and 5 futures commodities, with leverage varying by product.

For Spot, trading is only available on the MT5 platform.

Commodities

In Commodities, you can trade 8 commodities with a leverage of 50x.

Stock Indices

In terms of stock indices, 18 spot and 11 futures indexes can be traded, with leverage varying according to the underlying.

In addition, spot indices, with the exception of the German DAX 40 (GER40), are affected by dividend adjustments.

Dividend adjustments will be made at 00:00 (GMT+2) on the dividend ex-dividend date for those holding positions in the stock index and will be made before the market opens on the dividend ex-dividend date.

※Only on MT5

※Only on MT5

Cryptocurrency CFDs

XM offers a wide range of Forex products in 58 currency pairs with leverage settings from 50x to 500x.

With the exception of ZERO accounts, all other types of accounts are available for trading 24 hours a day, 7 days a week.

Below are the minimum spreads and SWAPs for Standard accounts as of February 2024, as published on the official XM website.

※1 You can only trade on MT5
※2 The leverage of ※2 cryptocurrency is automatically applied according to the number of lots traded. For more information, please refer to Here.

Contracts for Difference (CFDs) on Stocks

In August 2023, XM will start offering Contracts for Difference (CFD) on stocks.

You can trade more than 1300 popular stocks from all over the world on the MT5 platform.

Maximum leverage is 20x and dividend adjustments apply.

For a full list of tradable underlying stocks and trading conditions, please refer to the link below.

XM Global／Stock CFD

Deposit and Withdrawal Methods

Deposit and withdrawal methods are an important consideration when choosing an overseas forex company.

At XM, you have a number of options, including domestic bank transfer, credit/debit card, internet wallet, and more.

Deposit Methods

As of January 2024, XM has the following 6 deposit methods.

※For deposits of 10,000 yen or less, a handling fee of 880 yen to 1,500 yen will be charged

Please refer to the instructions here for the deposit procedure.

Withdrawal Method

To prevent money laundering, XM stipulates that the deposit amount and the same amount of funds should be withdrawn in the same way as the deposit amount, while the profit exceeding the deposit amount should be withdrawn through bank remittance.

Please refer to the instructions here for the withdrawal procedure.

Peace of Mind with Negative Balance Protection System

XM has introduced the Negative Balance Protection System in order to protect users from trading risks.

In the case of domestic traders, a market crash may result in losses exceeding the margin and the client will be required to pay additional margin, usually in the form of a Margin Call Notice.

The problem of uncollected funds can become very serious after a market crash, when large amounts of funds are not repaid and the client is forced into bankruptcy.

To protect against such risks, XM has introduced a negative balance protection system, whereby no claims are made against clients even if losses exceed the margin.

In fact, XM proved its safety by not issuing any margin call notices to its clients during the Swiss Franc incident in 2015 and the market crash during the Brexit vote in 2016.

Comprehensive English customer service

For investors using overseas forex platforms, it is important that they have access to customer service in the appropriate language.

In the event that you need to contact a forex company to solve a problem, it is important to be able to solve the problem immediately in English.

XM maintains a staff of approximately 15 English personnel and provides 24-hour daily English language customer service on weekdays.

At other times, you can leave your request via email and receive a response the next business day.

Even complex issues related to forex trading can be resolved in English.

Comprehensive trading intelligence provision services

There are not many overseas forex companies that provide seminars on fundamental information about trading, trading signals, and trading methods.

However, XM regards individual investors from various countries as an important target and therefore provides a wide variety of information.

XM Online Courses

XM offers free online courses, but you must register for an XM account before you can enroll.

The online course schedule is posted on the XM website and is updated regularly, so anyone can sign up in advance through the official website.

Each course provides highly specialized content on a specific topic and is conducted in Chinese.

English Forex News Broadcasting

XM also provides English forex news broadcasting service.

Daily updates on market conditions from Monday to Friday allow users to fully grasp the market news, which is a great advantage for traders.

Trade Signal Broadcasting

Trading signals are free downloadable services where professional traders summarize their trading recommendations.

At XM, trading signals are broadcasted daily based on the opening hours of the London and New York markets.

Through the “Trading Tools” in the User Center, you can quickly access information on major currency pairs as well as popular instruments such as gold, crude oil, Dow 30, Nikkei 225 cash and more.

A broker with a well-balanced trading environment and trading specifications

Headquartered in Cyprus, XM (XM GLOBAL) has been committed to attracting and satisfying clients from all over the world since its inception.

Although it is an overseas forex platform, its service standards are on par with those of domestic brokers and are constantly being improved to provide the best possible service.

As a result, XM stands out amongst the many overseas forex brokers and has attracted many traders who have transferred from domestic brokers, and has managed to gain a high reputation among users.

However, compared to domestic brokers, XM’s spreads are slightly wider, but by utilizing the rebates we offer, trading conditions can even be better than the spreads offered by domestic forex brokers.

With up to 1000x leverage and a wealth of bonus activities, XM undoubtedly provides a very high level of service environment.