What is XM Cashback
XM cashback or XM Rebate is a partial return of the spread or trading commission that you have paid to the broker when opening or closing an order. We give XM Rebate 80% of IB Revenue, that is for Micro account up to $2 per microlot, Standard account up to $20 perlot, Standard UltraLow account up to $12 perlot and Micro Ultralow account up to $1.2 per microlot. XM rebates are given to close orders both loss and profit, besides the rebate you will also get up to 5% loyalty bonus and reward points 1% of the rebate you receive.
|Data of Broker|
|Company Name : Trading Point Holdings Ltd,|
|Founded : 2009|
|Headquarters : London, UK|
|Regulated By : CySEC, ASIC, FCA, IFSC|
|Broker Type : MM STP|
XM is a trade name of Trading Point of Financial Instruments Ltd, a Financial Services Provider set by EU regulations, offering online trading on global financial markets. The XM client will benefit directly to financial markets with over 100 financial instruments including forex, stock indices, precious metals, and energy, with real-time and transparent prices, lowest spreads, and flexible leverage.
XM appreciates business efficiency like individual and corporate clients – that’s why we think speed and fairness are critical. With more than 1,000,000 clients since its inception in 2009, XM has grown into a large and well-established international investment company and also a leader in the industry.
XM provides a fair and trustworthy trading experience by pioneering a strict no re-quotes and no rejections policy. Moreover, 99.35% of all trading orders are executed in less than one second, with no re-quotes and no rejections. their business model relies on the firm conviction that in forex execution is everything.
As XM partner we provide rebate 80% of the partner commission we receive and is paid directly to your trading account or credited to the rebate balance and can be withdrawn at any time according to the available balance.
XM Cashback & Account Types
The following is XM account types comparison, if there are different types of accounts, minimum deposit, spread, commission, leverage, lot size or other trading conditions between our website and the XM website, this is due to late updates on our website. Opening live account through us to get rebates does not change the trading conditions of the broker and There is no markup spread/commission or hidden fees, if you are still in doubt please contact XM support.
- The amount rebate base on pair instrument you traded, please see rebate scheme for all pair here
XM Cashback Calculator
Your Rebates :
Rebates per lot:
- Example pair : EURUSD
- These result is approximate figure
- Lot base on the contract size of each account type
How to Get XM Cashback for New Trading Account
Open Live Account
Open XM live account through our IB link, to get cashback your XM account must be registered under our IB. Open live account here
Add Trading Account
Add your trading account in the member area MyOmahForex to track cashback history and access all features, if not yet member please Sign up first.
Setup Cashback Method
Setup your cashback method to automatically or manually in the member area MyOmahForex. Then select payment system to wire transfer, or e-currency such as Neteller, Skrill, Perpect Money or PayPal.
Deposit and Trading
Deposit your account using any method is available in your broker, then trading normally, and cashback will be paid automatically according to payment schedule or you can withdraw it manually.
How to Get XM Cashback for Existing Trading Account
If you already have an XM account, you can get a rebate by opening an additional account in the XM cabinet, so that the additional account under our IB, please follow the steps below:
- Clik first our IB link here (required), after the new account registration page appears, just close the page.
- Login to XM cabinet here use an existing account, then click the “Open an additional account” button and fill in the additional account form.
- After getting a new trading account, add account (validate) in the member area MyPmahForex
- Transfer your funds from an old trading account to a new trading account using the “Internal transfer” feature in the XM cabinet.
XM Cashback Term & Conditions
- Cashback only given to XM trading account that registered under OmahForex IB.
- Become OmahForex member , If you are not yet a member please Sign up here.
- All trading account must be submit (added) to the member area MyOmahForex.
- Minimum cashback payment depends on the payment system you choose, please see cashback payment system here.
- If less than minimum payment, cashback will be accumulated to the next period.
- For technical reasons, cashback below $0.01 is not raised in the daily cashback report.
- Cashback will be paid twice a week, see XM cashback schedule here
Restrictions from XM
- Minimum close order +/- 1 pips (10 poin).
- Order close less than 5 minutes does not get cashback.
Funding and Support Information of XM
|Deposit & Withdraw Methods||:||FasaPay, Abaqoos, AstroPay, Bank Wire, CashU, Credit Card, Giropay, iDeal, Moneta.ru, MoneyGram, Neteller, PaySafeCard, Przelewy24, QIWI Wallet, Sofort, Webmoney, Western Union|
|Deposit Currency||:||USD, AUD, CHF, EUR, GBP, HUF, JPY, PLN, RUB|
|24 Hours Support||:||Yes|
|Support Languanges||:||Arabic, Chinese, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Czech, Hindi|
|Support Options||:||Email, Live Chat, Phone, Web Form|
Regulatory Agencies of XM
|Address||25 The North Colonnade, Canary Wharf, London E14 5HS|
|Description||FCA is the International regulatory agencies responsible for the supervision of banks, building societiesn, credit union, insurance and investment companies.|
International Financial Service Commission (XM Global)
|Address||Sir Edney Cain Building, 2nd Floor, Belmopan, Belize, C. A.|
|Description||International Financial Service Commission (IFSC) is an International financial services regulator is headquartered in Belize.|
Cyprus Securities and Exchange Commission
|Address||27 Diagorou Str. CY-1097 Nicosia|
|Description||CySec is an independent public supervisory authorities responsible for market surveillance and transaction services investment in transferable securities conducted in the Republic of Cyprus.|
XM Australia : Australian Securities and Investments Commission
|Address||Level 2, 2 Allsop Street, Canberra ACT 2600|
|Description||ASIC is Australia’s corporate, markets and financial services regulator.|