Overall, XM offers cashback Forex Rebates the Micro, Standard, and Ultra-Low accounts up to $15 per lot traded.
| 💰 XM Cashback Forex Rebates | 📊 Micro Account | 📊 Standard Account | 📊 Ultra-Low Account |
| ℹ️ Forex | $5.5 per lot | $5.5 per lot | Up to $7.50 per lot |
| ℹ️ Indices | Up to $2.65 per lot | Up to $2.65 per lot | Up to $2.65 per lot |
| ℹ️ Cryptocurrency | Up to $15 | Up to $15 | Up to $15 per lot |
| ℹ️ Precious Metals | Gold + Silver $5.50 per lot | Gold + Silver $5.50 per lot | Gold - $3.00 per lot Silver - $7.50 per lot |
| ℹ️ Energies | Up to $6.50 per lot | Up to $6.50 per lot | Up to $6.50 per lot |
| ℹ️ Shares | Up to $3.33 per lot | Up to $3.33 per lot | Up to $3.33 per lot |
| ℹ️ Soft Commodities | Up to $7.50 per lot | Up to $7.50 per lot | Up to $7.50 per lot |
| ℹ️ Payment Frequency | Payments are made to the XM MyWallet twice weekly There is monthly cashback available There are real-time reports | Payments are made to the XM MyWallet twice weekly There is monthly cashback available There are real-time reports | Payments are made to the XM MyWallet twice weekly There is monthly cashback available There are real-time reports |
A Quick Overview of our XM Cashback Forex Rebates Review:
☑️ XM Conditions and Notes on Forex Rebates
☑️ How to Open a Forex Cashback Account with XM (via SAShares)
☑️ XM Forex Rebates Frequently Asked Questions
XM Rebates System Overview
The XM Partner Program offers affiliate partners and introducing brokers (IB) an additional effective and completely transparent business method for attracting clients, receiving commissions based on the number of lots traded at XM, and even returning a portion of the revenue to their clients.
The user-friendly features of the XM auto-rebate model allow XM affiliates to set up their own payment plans and automatically pay rebates (cashback) of their earned commissions to South African traders.
In addition, affiliate commissions and client rebates are paid twice weekly without additional fees.
Auto Rebates enable partners to provide a percentage of cashback to customers based on their trading activity. Unfortunately, auto Rebates are unavailable to clients from the European Union, the United Kingdom, or Australia.
South Africans who open an account with XM via SA Shares can earn up to 30% in rebates, depending on the financial instrument traded and the account type used when participating in the rebates program.
XM Rebates Payments
XM states that twice weekly payments are transferred to the partner’s XM MyWallet, allowing the partner to send rebates to their clients. In addition, participating South African traders can get their rebates via flexible payment methods at no additional expense.
XM Conditions and Notes on Forex Rebates
| ✅ A minimum of five minutes of position holding time applies to Micro, Standard, and Ultra-Low Accounts. |
| ✅ Micro and Standard Accounts with Swap-Free have a 5-minute position time requirement. |
| ✅ Customers from Europe and Australia are not eligible for any rebates. |
| ✅ Free biweekly payments are offered to affiliates and clients. |
| ✅ Up to 100% compensation is available from XM, amounting to $58.5 per lot. |
| ✅ Traders can take advantage of XM's many enticing bonuses. |
| ✅ All rebates earned by a trader are credited to their MyWallet account. |
| ✅ No hidden costs, preconditions, or spread markups. |
| ✅ Islamic Accounts with XM are eligible for rebates. |
How to Open a Forex Cashback Account with XM (via SAShares)
You can follow these steps to register for a Forex Cashback Account with XM via SAShares.
New Accounts
If you do not have an existing account with XM, you can easily obtain a cashback rebate in three easy steps.
Step 1
Visit the XM website and click “Open Account.”
Step 2
Submit your Trading ID to us: [SAShares]
For Example:
To: [SAShares]
Subject: New XM Rebate Application
“Dear SAShares Team,
Please view my XM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
Step 3
Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the XM system.
Existing Accounts
If you have an existing XM account, you can get a cashback rebate by following these easy steps.
Step 1
Send an email to XM: support@xm.com
Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]
For Example:
To: [SAShares]
Subject: Account Transfer Request
“Dear XM Partner/Affiliate Team,
I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under mentioned IB regardless of whether my account falls under an umbrella or parent IB.”
Step 2
Once you receive confirmation of the transfer from XM, you can create an additional trading account.
Step 3
Lastly, you can send your Trading or Client ID to [SAShares].
For Example:
To: [SAShares]
Subject: New XM Rebate Application
“Dear SAShares Team,
Please view my XM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.
XM Forex Rebates Frequently Asked Questions
What is the XM rebates program, and how does it work?
The XM rebates program is a loyalty program that rewards traders with cash rebates on every trade they make.
Furthermore, the program works by calculating the trading volume of a trader and rewarding them with cash rebates based on their account type and trading volume.
What is the XM promotion, and how can I participate?
XM offers various promotions to its clients, including deposit bonuses and cashback offers. To participate in these promotions, you need to sign up for an XM account and fulfill the requirements of the promotion.
What is the XM no-deposit bonus, and how can I claim it?
The XM no-deposit bonus is a promotion that offers traders a certain amount of money to trade without requiring them to make a deposit. To claim the bonus, you must sign up for an XM account, verify your account, and request the bonus from your XM dashboard.
What is the XM withdrawal time, and how long does it take to withdraw funds?
The XM withdrawal time depends on the withdrawal method you choose. Generally, it takes 24 hours to process a withdrawal request, and the funds will be credited to your account within a few business days.
What is the XM rebate limit, and is there a cap on the rebates I can earn?
The XM rebate limit depends on your account type and trading volume. However, there is no cap on the rebates you can earn.
What is the XM referral commission, and how can I earn it?
The XM referral commission is a commission that XM pays to traders who refer new clients to the platform.
You need to share your referral link with your friends or followers to earn the commission. Then, when they sign up for an XM account using your link, you will earn a commission on their trading volume.
What are the XM account types, and what are their differences?
XM offers three account types to its clients in South Africa: Micro, Standard, and XM Ultra Low. The main differences between these accounts are the minimum deposit requirement, the spread, and the trading volume.
What is the XM minimum deposit for South Africans, and how can I make a deposit?
The XM minimum deposit for South Africans depends on your account type. For the Micro account, the minimum deposit is 90 ZAR ($5). The Standard account is 1,800 ZAR ($100), and the XM Ultra Low account is 907 ZAR ($50).
Furthermore, you can deposit using various payment methods, including bank transfer, credit/debit cards, and e-wallets.
Top 4 Brokers
