XM has a loyalty program that offers promotions and bonuses to their loyal existing customers. As you trade you accumulate XM points that can be redeemed for cash or credit bonus rewards. There are no forms to fill and nowhere you need to sign up to join, as soon as you start trading, you start earning.
All clients who sign up for a Real Account will start at Executive level and are upgraded after periods of trading activity. As your Loyalty Status increases, you earn more XMP (XM Points) per lot, allowing you to earn XMP faster. The more points you have, the more cash and credit bonus rewards you can buy in the loyalty point shop.
You can also check your XMP balance including it’s value in cash or bonus money. The cash reward funds can be 100% withdrawn, the bonus funds are for trading purposes and can be withdrawn after a certain amount of lots has been traded.
How is my loyalty status upgraded?
– Executive level is upgraded to Gold after 30 days of trading
– Gold level is upgraded to Diamond after 60 days of trading
– Diamond level is upgraded to Elite after 100 days of trading
How do loyalty statuses differ?
The difference between statuses is in the amount of XMP you can earn as you trade.
– Executive level = 10 XMP per standard round turn lot
– Gold level = 13 XMP per standard round turn lot
– Diamond level = 16 XMP per standard round turn lot
– Elite level = 20 XMP per standard round turn lot
Is it possible to lose status?
After specific periods of inactivity, your XMP will expire and your loyalty status will be reset to Executive level.
– Gold status is reset after 30 days of inactivity
– Diamond status is reset after 60 days of inactivity
– Elite status is reset after 100 days of inactivity
What is XMP?
XMPs stands for XM Points, which can be accumulated over time and converted into credit. As your loyalty status increases, you will be able to earn XMPs at a greater rate.
How do I gain XMP?
XMPs are gained automatically as you trade. With each standard round turn lot traded you will receive either 10, 13, 16, or 20 XMP depending on your current loyalty status. The higher your loyalty status, the greater the rate at which you can accumulate XMPs on your trades, giving you access to more credit points.
What is XMP worth?
As an example, you have a balance of 1,200 XMPs. This can be redeemed as a $400 Credit to be used for trading.
How do I redeem XMPs as Credit?
On the Members Area homepage you can view your current XMP balance and its equivalent Credit value. From there just click on the “Redeem Now” button and you will be redirected to a page where you can specify how much XMPs you wish to redeem. Your Credit will be deposited to your trading account from where it can be used for trading purposes.
Are there any limitations?
You may redeem your XMP to Credit which can be used for trading purposes. Any profits generated from the use of the Credit can be withdrawn at any point in time, however, any withdrawal of funds will result in the proportional removal of the Credit and the corresponding XMP redeemed to obtain it.