XM Refer a Friend program is structured so that, the more people you invite, the more you earn per successful referral.
Who Can Participate?
The XM Refer a Friend program is open to all new and existing clients.
To qualify for the program as a Referrer, you must first have a validated XM real account and have traded 3-5 standard lots* in Forex, Gold or Silver. Clients who qualify can log in to their Members Area and navigate to the Refer a Friend dashboard to start inviting their friends.
How Does it Work?
Before you can start referring friends, you must first have a validated XM real trading account and have traded 3-5 standard lots*.
Once you have met the above criteria, you can log in to your Members Area and navigate to the Refer a Friend dashboard. From there, you can find a unique referral URL which you can use to start inviting your friends by email or by sharing your referral URL.
For each successful referral (i.e., ‘Referee’) you will earn a set withdrawable cash reward. A successful referral (i.e., a Referee) is a person who has used your referral URL to open, validate and fund his/her real trading account and traded 3-5 standard lots* in Forex, Gold or Silver using his/her own deposited funds. The amount you will earn per referral varies as follows:
$25 per friend, if you have referred 1-15 friends;
$30 per friend, if you have referred 16-30 friends;
$35 per friend, if you have referred 30+ friends;
Any money you earn as a referrer, through the program, is withdrawable via your trading account.
Successful referees receive $50 as credit in their trading account upon completion of the above criteria. They are then eligible to join the program as a referrer and start inviting their own friends to join XM.
How Many Friends Can I Invite?
The XM Refer a Friend program was created to reward loyal clients for spreading the word about XM. As such, there are no limits to the number of friends you can invite. Keep in mind though, only friends who successfully complete the requirements will earn you rewards.
How do I Withdraw My Rewards?
Any rewards earned from the XM Refer a Friend program will be automatically credited to your “MyWallet”.
To withdraw your rewards, navigate to the “MyWallet” dashboard in your Members Area. From there, you can see your total balance, select how much you want to withdraw and/or transfer to your trading account(s).
When transferring funds to an XM trading account, MyWallet is treated as any other payment method. You will still be eligible to receive deposit bonuses under the terms of the XM Bonus Program. For more information, click here.
Once the funds appear in the selected trading account you selected, you can withdraw them by following the standard process. It should be noted that conversion fees shall be applicable whenever the base currency of your account is not in United States Dollars (USD).
* If the Referrers reside in Bangladesh, Indonesia, Egypt, Brazil, Nigeria, Sri Lanka, China, Kenya, Ukraine or Russia, they must trade five (5) standard lots (or 500 micro lots). Referrers who reside in a country other than those mentioned herein must trade three (3) standard lots (or 300 micro lots).
