XM at a Glance
| Full Name | XM Group |
| Founded | 2009 |
| Regulation | ASIC (AU) · CySEC (EU) · FCA (UK) · DFSA |
| Minimum Deposit | $5 (~₹420) — lowest in market |
| No-Deposit Bonus | $30 Free for New Accounts |
| Deposit Bonus | 50% on first deposit + 20% subsequent |
| India Payments | UPI · Google Pay · PhonePe · Net Banking |
| Platforms | MT4 · MT5 · XM App |
| Max Leverage | 1:1000 |
| Spreads from | 0.0 pips (Ultra Low) |
| Islamic Account | ✓ Available |
| Total Clients | 10+ million worldwide |
Pros & Cons
✓ Pros
- $30 no-deposit bonus
- $5 minimum deposit — lowest in market
- ASIC + CySEC + FCA regulated
- UPI / Google Pay deposits
- 50% deposit bonus (first deposit)
- Islamic swap-free account
- 10M+ clients globally — very trusted
- Strong MT4 / MT5 mobile apps
✗ Cons
- Not SEBI/RBI regulated in India
- $30 bonus has trading volume conditions
- Withdrawal can take 1–5 days (bank)
- No copy trading on MT4
Detailed Ratings
$30 No-Deposit Bonus — Details
- Who gets it: New XM clients who complete KYC verification
- Amount: $30 USD credited to trading account
- Deposit needed: None
- Withdraw profits? Yes — after meeting trading volume requirements
- Expiry: 30 days to use the bonus
50% + 20% Deposit Bonus
XM also offers a 50% bonus on your first deposit and 20% on subsequent deposits, up to $10,000 in bonus funds. Deposit $100 → receive $150 in your account.
💡 XM Bonus Strategy
Claim the $30 NDB and practice. When profitable, deposit $100 to get $150 total via the 50% bonus. This doubles your initial trading capital.
Account Types
MicroBEGINNERS
Min$5
Spread1.6 pips
Comm.None
Lev.1:1000
Standard
Min$5
Spread1.6 pips
Comm.None
Lev.1:1000
Ultra Low
Min$50
Spread0.6 pips
Comm.None
Lev.1:1000
India Deposits & Withdrawals
- UPI / Google Pay / PhonePe — instant, free, min ~₹420
- Net Banking — 30 min–2 hrs
- Credit/Debit Card — instant
- Cryptocurrency — fast, low fee
- XM Withdrawals — same day via UPI (typically under 24 hrs)
How to Open XM Account
1
Click the button below and register
Email, phone, country = India, preferred platform.
2
Choose Micro or Standard account
Both start at just $5. Select MT4 for best mobile experience.
3
Complete KYC — Aadhaar + bank statement
Approval in 1–24 hours. Required to claim bonus.
4
Claim $30 bonus in XM Member Area
Dashboard → Bonus → Claim $30 NDB.
5
Download MT4 and start trading
Play Store → MetaTrader 4 → Log in with XM credentials.
🏆 Our XM Verdict
XM is ideal for Indian traders who want to start with very little capital. At just $5 minimum deposit and a $30 free bonus, it's the most accessible regulated broker for India in 2026.
🎁 Claim Your $30 Free Bonus
$5 min deposit · UPI accepted · ASIC regulated
Open XM Account →
18+ · CFD risk · T&Cs apply