XM has launched an Unlimited Cashback promotion offering eligible traders cashback based on their trading volume across all assets. The promotion runs from 22 September through 20 October 2026, with cashback increasing as traders reach higher trading-volume ranges.
To participate, traders must open and verify an XM account, register for the promotion, and trade eligible assets during the promotional period. Standard and Micro Accounts are eligible.
How the Promotion Works
- Traders must reach $1.2 million in trading volume to receive their first $3 cashback.
- After reaching the initial threshold, traders can earn additional cashback for every full $400,000 in trading volume.
- The cashback rate increases across successive trading-volume ranges.
- From $40,000,001 onwards, traders receive $8 cashback per $400,000 in volume, with no overall limit on cashback earnings.
- Eligible trades must have at least a 0.05% difference between the opening and closing price.
- Trade volume is calculated according to the ratio of equity minus bonus credit to equity when the position is opened.
- Hedged positions on the same account or other accounts under the same trading profile are not eligible.
For example, a trader who generates $2.5 million in eligible trading volume would receive $13 in total cashback: $3 for reaching $1.2 million, $6 for the next $800,000, and $4 for the following $400,000.
Cashback Distribution
All cashback earned during the promotion will be credited to MyWallet by 27 October 2026. Traders can use the cashback for trading or withdraw it, with management available through MyWallet.
XM
XM is the broker named in the promotion, which allows eligible traders to participate using Standard and Micro Accounts under the stated promotional terms.
Traders interested in the promotion can review the XM promotion details and applicable terms and conditions before participating. Check the broker listings for more promotions or information.
| 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
