XM has introduced a new trading incentive designed to reward volume-driven trading activity with cashback payouts. The Unlimited Cashback Promotion runs from 15 December 2025 to 15 January 2026, giving eligible traders the opportunity to earn cashback on every qualifying trade, with higher rewards unlocked as trading volume increases.
Under the promotion, participants who register with a verified XM account can trade selected assets during the promotional period and earn cashback per lot. The more lots traded, the higher the cashback rate, culminating in an unlimited payout tier for traders who reach the highest volume bracket.
Promotion Highlights:
- Promotional period from 15 December 2025 to 15 January 2026
- Cashback earned per traded lot on selected assets
- Progressive reward structure that increases with trading volume
- No maximum payout once the top trading tier is reached
- Earned cashback can be traded or withdrawn, subject to terms and conditions
Cashback Breakdown:
- 0–2 lots: $0 cashback per lot
- 3–5 lots: $2 cashback per lot (up to $6)
- 6–15 lots: $3 cashback per lot (up to $30)
- 16–30 lots: $4 cashback per lot (up to $60)
- 31–50 lots: $5 cashback per lot (up to $100)
- 51–75 lots: $6 cashback per lot (up to $150)
- 76 lots or more: $7 cashback per lot with unlimited payout
All cashback values are denominated in US dollars. Lot size eligibility is determined by the ratio of equity minus credit to equity at the time the trade is opened. Terms and conditions apply.
About XM
XM is an online trading broker offering forex and CFD trading services, with promotional programs designed to reward client trading activity.
Check the broker listings to explore this promotion and discover other available trading incentives.
| Feature |  XM Since 2009 |
|---|---|
| Rating | ★★★★☆ |
| Regulation | CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa) |
| Min Deposit | $5 |
| Typical Spread | 0.80 |
| Leverage (Max) | 1:30 |
| Platforms | MT4, MT5, Mobile, Proprietary, Web |
| Instruments | Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs |
| Bonus | Yes |
| Robo Trading Allowed | Yes |
| Hedging Allowed | Yes |
| Scalping Allowed | Yes |
| Swap‑Free / Islamic | Yes |
| Action | Visit Broker |
XM
Since 2009
