Recently, XM brokerage announced significant news for their Indian traders. This broker has created a promotion exclusively for Indian clients.
During the entire month of June, our Indian clients have the opportunity to benefit from the Monsoon Deposit Bonus. This XM promotion is applicable from June 1st, starting at 09:30 AM Server Time, through June 30, 2023, until 11:59 PM Server Time.
Indian clients who deposit into their trading accounts will be rewarded with a 100% deposit bonus on their next deposit during the promotional period. Each eligible client will receive a maximum deposit bonus of $200 (or the equivalent amount in their local currency).
Table of examples for Monsoon Deposit Bonus:
| Your deposit | Bonus applied | Your bonus | Trading capital balance |
| USD10 | 100% on USD10 | USD10 | USD20 |
| USD50 | 100% on USD50 | USD50 | USD100 |
| USD1000 | 100% on USD1000 | USD200 | USD1,200 |
To participate in this promotion, clients only need a minimum deposit of $5. This promotion applies to both MT4 and MT5 accounts, and the committed bonus will be promptly added to your deposited amount.
It's crucial to understand that the bonus can solely be utilized for trading purposes. Nevertheless, any profits you accrue through trading with the bonus can be withdrawn. Please remember that withdrawing funds will lead to a proportional deduction of your trading bonus. Furthermore, it's worth noting that XM Ultra Low and Stock accounts do not qualify for the deposit bonus.
XM is a regulated broker where traders can get leverage up to 1:888, ultra-low spreads, free deposit withdrawal fees, welcome bonuses and loyalty programs, as well as regular webinars to learn trading.