XM $30 deposit bonus debacle

My 2cts... i got 1 of my accounts with XM, got their no deposit acc and bonus untill this day there´s nothing that i could point out has negative. Despite the fairly high spreads i dont pay commisions, and all the related info is on the site.
I Withdraw frequently and since i got told by a manager on the phone that i only needed to depoisit the minimum (5$) to get to withdraw any amount, i´m happy.

Cheers

I've been looking into signing up with XM as well. Since bcfx.com (who now owns FinFx, which was my original broker) has had their license suspended, I've been looking for another brokerage. The idea that I can withdraw funds to a Mastercard is great, since I live in Canada. Wire transfers take a while, and I'm usually subject to an additional charge from an intermediary bank along the way.

Their spreads are higher, but they are reasonable in my opinion. Much better than eToro. Plus they do have the bonus program for the standard account. Also, you could always just sign up for a Zero account. I just did. Now I'm waiting for my information to be verified so I can collect my bonus. Those spreads are very very tight, but there are commission charges. The spread on the EUR/USD right now on my demo Zero account is 0.2 pips. Even with commissions, it's still under 1.5 pips once you factor in the cost. eToro's spread is 3 pips. :S

Razor thin spreads typically have commissions attached to it.

i open account in XM but i didnot get bonus.

Hi all.

I have been using XM for several months now and have found no fault with them whatsoever. Always fast execution and good spreads. I have been able to make deposits and withdrawals without any problems. They have always been courteous to me with any issues that I have communicated to them. A good, transparent broker.

Hi all,
I have only recently opened an account with XM. First I would like to state I have traded for a couple of years and have 2 active real accounts with 2 other major brokers. In all honesty XM compares favourably. I can see the paranoid comments and I feel I can relate to that. In the initial stages when I lost money consistently, I was always filled with doubt and had all sorts of ideas of how the brokers had conspired against me.

On more than one occasion I caught one of my brokers with inexplicable spikes on the currency I had open positions i.e. the ridiculous spikes and price were nowhere close or found anywhere else with any other brokers in the market. I complained, provided proof and for some reason the spikes seemed to have disappeared on their own. All money I lost I actually lost due to being on the wrong side of the market thereafter.

If you are not woke, certainly you will be ripped with the same schemes all noobs are ripped off by. If you show you know what you are doing and are keeping track with solid proof things might not be all perfect but for the most part will work out ok.

As I have no complaints about XM at this moment I do not have much to say. But my views are now on record, should anything be out of the ordinary I will update in detail.

Regards.

just want you to know that the same thing happened to me now

i joined with the $30 (R340) credit and doubled the account to (R600) $37 and after withdrawing they also send me the same email and zero'd my account

There are plenty of good brokers out there, why XM? As far as I could remember, XM were notorious for being a marketer instead of actually servicing its client. There were multiple article, bad forum reviews and blogs written by user's on it. I don't think it's wise to take up the bonus just for the sake of getting "extra credits" to start trading with.