Most traders spend their first days on a new broker researching currency pairs, testing strategies on a demo account, and comparing spreads. Very few pause to enter a five-character code during registration that doubles their entire starting capital before the first trade is placed. That is what the XM partner code 274PQ does. It activates a 100% deposit bonus — meaning whatever you deposit, XM credits the same amount again as tradeable bonus funds, effectively giving you twice the capital to work with from day one.
This guide explains exactly how to use XM partner code 274PQ in 2026, how the 100% bonus works in practice, how to register your account correctly, and what you need to understand about the bonus terms so there are no surprises. It also covers everything that makes XM one of the most widely used forex and CFD brokers in the world — from its four core account types and 1,400+ tradable instruments, to MT4, MT5, leverage conditions, XM’s multi-jurisdictional regulatory structure, and the research and education tools that have helped it serve over 15 million clients across 190+ countries.
What XM Partner Code 274PQ Does
A partner code on XM is a referral identifier that connects your new trading account to an Introducing Broker — a licensed XM partner — at the point of account creation. This linkage is what determines promotional eligibility. Without the code entered during registration, access to bonus campaigns tied to the partner relationship does not activate automatically. The code itself costs nothing to use, adds no fees to your account, and does not affect your spreads, leverage, or trade execution in any way.
When you enter 274PQ during registration and make your first deposit, the 100% deposit bonus activates automatically. If you deposit 200 USD, you trade with 400 USD. If you deposit 500 USD, your trading capital becomes 1,000 USD. If you deposit 1,000 USD, you start with 2,000 USD in your account. The bonus is not a voucher or a credit that sits separate from your balance — it is real tradeable capital that increases your margin capacity, lets you manage larger positions, provides more breathing room on open trades, and gives your account a meaningful buffer against drawdown in the early stages of live trading.
The partner code must be entered during registration. XM does not provide a pathway to apply a partner code retroactively once an account has been created and submitted. This is the single most important practical point in this guide: if you complete registration without entering 274PQ, the 100% bonus is permanently unavailable on that account. Enter the code before submitting the form.
The 100% deposit bonus at XM applies not just to your first deposit but potentially to subsequent deposits as well, depending on the current terms of the active campaign in your jurisdiction. This means traders who fund their account progressively over time can continue to build their bonus balance with each qualifying deposit rather than being limited to a one-time welcome amount.
How Bonus Availability Works by Region
One important aspect of XM’s bonus structure that every trader should understand before registering is that bonus availability depends on the regulatory entity under which your account is opened. XM operates under multiple regulatory bodies in different jurisdictions, and the rules of each regulator determine what promotional offers can be extended to clients registered under that entity.
Clients registered under XM’s EU-regulated entity — Trading Point of Financial Instruments Ltd, regulated by CySEC (Cyprus Securities and Exchange Commission) — do not have access to deposit bonuses. The European Securities and Markets Authority (ESMA) restricts retail client bonus offers for regulated brokers operating within the EU framework. If you are a European retail trader registered under the CySEC entity, the 100% bonus from partner code 274PQ is not available to you under that regulatory structure.
Clients registered under XM’s offshore entities — including XM Global Limited (regulated by the International Financial Services Commission in Belize), Trading Point of Financial Instruments Pty Ltd (regulated by ASIC in Australia), and entities regulated by the Financial Services Commission in Mauritius or Seychelles — are generally eligible for the bonus, subject to the specific campaign terms active in their jurisdiction at the time of registration. Traders in Southeast Asia, the Middle East, Africa, Latin America, and other non-EU markets will typically find the 100% bonus available and active.
When you begin registration at xm.com, you select your country of residence at the first step. XM’s system then routes you to the appropriate regulatory entity for your jurisdiction. If the 100% bonus is available in your region and you have entered partner code 274PQ, it will be credited automatically upon your qualifying deposit — you do not need to apply separately, contact support, or fill in additional forms.
Step-by-Step: How to Register at XM With Partner Code 274PQ
The registration process at xm.com is designed to take only a few minutes and the partner code entry step is simple once you know exactly where it appears.
Navigate to xm.com and click on the button to open a real account. Do not open a demo account if your goal is to claim the 100% bonus — the bonus applies only to real funded trading accounts.
The registration form opens and asks for your country of residence, a valid email address, and a secure password. Enter your country carefully — this determines which regulatory entity your account falls under and, by extension, whether the 100% bonus is available to you. Use an email address you have current access to, as XM sends a verification link there.
On the registration form, you will see a field labeled Partner Code or Referral Code. It may be in a section labeled Additional Information or optional fields depending on the current interface version. Enter 274PQ in this field. The code is case-sensitive — enter it exactly as shown, matching each character. XM displays a green checkmark or confirmation indicator when a partner code is recognized as valid. If you see that confirmation, you are good to proceed. Double-check before submitting — once the form is submitted, the code cannot be added.
Complete the registration by submitting the form and verifying your email via the confirmation link XM sends. Log into your new XM Members Area and navigate to the identity verification section. XM requires KYC verification — submission of a government-issued photo ID and proof of residence — before withdrawals are processed and before certain account features are fully unlocked. Submit your documents and wait for verification, which typically completes within 24 hours.
Once verified, navigate to the Deposit section of your Members Area. Choose your preferred deposit method — XM supports credit and debit cards (Visa, Mastercard), electronic wallets including Skrill and Neteller, bank wire transfer, and numerous local payment methods depending on your country. XM does not charge any fees for deposits on most methods. Make your first deposit, and if the 100% bonus is active in your region, the matching bonus credit appears in your account automatically. Your trading capital is now doubled and ready for live trading.
Understanding the 100% Bonus: How It Works in Practice
The XM 100% deposit bonus from partner code 274PQ is one of the most impactful welcome offers available from a major regulated broker in 2026, but understanding how it works in practice — including the trading volume requirements and what happens when you withdraw — is essential before you begin.
The bonus credit is real trading capital. It increases your available margin, which means you can open larger positions, hold more simultaneous trades, and give your open positions more room to move before a margin call is triggered. For a trader with a 500 USD deposit who receives a 500 USD bonus and trades with 1,000 USD total, the practical impact is the ability to trade as a 1,000 USD account from day one rather than waiting to grow a 500 USD base through returns.
The bonus comes with trading volume requirements that must be fulfilled before bonus-derived profits are eligible for withdrawal. This is standard practice across the entire brokerage industry — bonus capital is not free cash and requires trading activity to convert into withdrawable funds. XM’s specific volume requirements are outlined in the bonus terms and conditions published on xm.com and in the Members Area when the campaign is active. Read these terms carefully before funding your account so you fully understand the conversion mechanics before you deposit.
Withdrawals of real deposited funds interact with your bonus balance. If you withdraw real funds while holding an active bonus, a proportional amount of bonus credit is removed from your account in line with XM’s bonus terms. This is the most important operational aspect of the bonus to understand before making any withdrawal request — plan your withdrawal strategy before it becomes relevant rather than after. The bonus is most valuable when left intact as margin support while you trade toward the volume requirements, not as a balance to withdraw immediately.
The 100% bonus can apply across multiple deposits under the current campaign terms, meaning each qualifying deposit can receive a corresponding bonus match rather than the benefit being limited to a single initial deposit. Traders who intend to fund their account progressively rather than all at once can maximize their total bonus balance over time by depositing in stages while the campaign remains active.
About XM: 15 Years of Global Operation
XM — operating under the Trading Point Group — was founded in 2009 and has grown over 15 years into one of the most recognized retail forex and CFD brokers in the world. The broker now serves more than 15 million clients across 190+ countries, a scale achieved through consistently competitive trading conditions, genuine multi-jurisdictional regulatory coverage, a strong multilingual support infrastructure, and an ongoing commitment to client education that has produced one of the largest libraries of free trading resources available from any single broker.
XM operates under multiple regulatory bodies simultaneously. CySEC (Cyprus) covers European retail clients. ASIC (Australia) provides oversight for Australian and Asia-Pacific clients through Trading Point of Financial Instruments Pty Ltd. The International Financial Services Commission (IFSC) in Belize covers the global XM Global Limited entity. The Dubai Financial Services Authority (DFSA) provides coverage for clients in the UAE and the DIFC. The Financial Sector Conduct Authority (FSCA) in South Africa extends regulated access to African markets. This multi-license structure means XM operates under legally enforced client protection standards in each jurisdiction rather than as a purely unregulated offshore entity.
Client funds at XM are held in segregated accounts, kept entirely separate from the company’s own operating capital. Negative balance protection ensures that no retail client can lose more than the funds deposited into their account — regardless of market volatility or leverage levels applied. These protections apply across all XM entities and account types.
XM does not accept clients from the United States, Canada, Israel, Iran, North Korea, and certain other jurisdictions where its licenses do not permit operations. Traders in these countries cannot open accounts at xm.com regardless of partner code or registration method.
Account Types: Four Options for Different Trading Styles
XM offers four core account types — Micro, Standard, Ultra Low, and Zero — each designed around a different trader profile and cost structure. All four accounts support hedging, scalping, and automated trading through Expert Advisors on both MT4 and MT5. All four carry negative balance protection and access to XM’s full instrument library (subject to platform availability). All four share the same minimum deposit of 5 USD, except the Zero account which requires 10 USD — making XM one of the most accessible regulated brokers globally by entry threshold.
The Micro Account is built for traders who want to work with smaller position sizes. One standard lot on the Micro account equals 1,000 units of the base currency rather than the conventional 100,000 units — making it possible to manage risk tightly with minimal capital and develop practical discipline in position sizing and trade management. Spreads on the Micro account start from 1 pip with no commissions. Leverage is available up to 1:1000 under non-EU entities and 1:30 under the CySEC entity. For the 100% bonus from partner code 274PQ, the Micro account is fully eligible and an excellent starting point for traders who want to maximize their bonus capital relative to their initial deposit.
The Standard Account mirrors the Micro account’s spread and commission structure — spreads from 1 pip, no commissions — but uses the full 100,000-unit standard lot size. It is the most commonly used account type at XM for traders who are comfortable with standard lot sizing and want a commission-free cost structure. The Standard account is eligible for the 100% bonus from partner code 274PQ.
The Ultra Low Account is designed for traders who want the tightest possible spreads without paying per-trade commissions. Spreads on the Ultra Low account start from 0.6 pips — significantly tighter than the Standard and Micro accounts — with no commission charged per trade. Available in two sub-types — Micro Ultra (1,000-unit lots) and Standard Ultra (100,000-unit lots) — the Ultra Low account suits traders running strategies where spread cost is a primary variable in profitability, such as scalpers and high-frequency traders in a no-commission structure. The Ultra Low account supports the 100% bonus from partner code 274PQ.
The Zero Account is XM’s raw-spread offering. Spreads on the Zero account start from 0.0 pips on major forex pairs, with a commission of 3.50 USD per side per standard lot (7.00 USD round-trip). This structure is the preferred choice for scalpers and algorithmic traders who prioritize the tightest possible entry and exit prices and are comfortable paying a per-trade commission in exchange for near-zero spreads. The Zero account is available in limited jurisdictions — it may not be accessible under all regulatory entities. Leverage and bonus availability for the Zero account should be verified for your specific jurisdiction.
All four account types offer swap-free Islamic account versions upon request. XM’s Islamic accounts do not widen spreads or add administrative markup for the swap-free structure in most cases — a meaningful policy distinction from brokers who effectively charge a higher implied spread on Islamic accounts to compensate for the swap removal.
Platforms: MetaTrader 4, MetaTrader 5, XM WebTrader, and Mobile
XM’s entire trading infrastructure is built around MetaTrader 4 and MetaTrader 5 — the two most widely used retail trading platforms in the world — accessed through desktop clients, browser-based WebTrader, and fully featured mobile applications.
MetaTrader 4 is the industry’s most established forex trading platform and remains the first choice for a large segment of the global retail trading community. MT4 at XM provides access to 1,400+ instruments with a comprehensive technical analysis toolkit — 50+ built-in indicators, 31 chart overlay tools, 9 chart timeframes, and full customization of the interface and charting workspace. Expert Advisors (EAs) run natively within MT4, enabling fully automated trading strategies that execute without manual intervention. One-click trading and trading directly from the chart are available, and the platform operates with consistent stability that has made it the benchmark for retail forex execution globally for over two decades.
MetaTrader 5 is the more advanced successor to MT4, adding capabilities that MT4 does not support. MT5 at XM provides access to 58 technical indicators across 21 chart timeframes, an integrated economic calendar, depth-of-market (DOM) display showing order volumes at each price level, improved back-testing infrastructure for automated strategy development, and — critically — access to stock CFDs, which are only available on XM through MT5. MT5’s additional timeframes and order types make it the platform of choice for multi-asset traders, stock CFD participants, and algorithmic traders who want the enhanced back-testing environment for strategy refinement.
XM WebTrader is the browser-based version of the trading platform — accessible directly through the xm.com Members Area without any download or installation. It mirrors the core functionality of the desktop MT4 and MT5 clients, including charting, order management, and account monitoring, making it useful for traders who want full platform access from any device without installing software. The WebTrader interface includes copy trading functionality and supports over 30 languages.
XM’s native mobile app for iOS and Android delivers a streamlined all-in-one experience covering trade execution, advanced charting, real-time portfolio monitoring, integrated research tools, personalized price alerts, live market insights, and seamless switching between demo and live accounts. The app is available in multiple languages and is optimized for both beginner traders who want simplified navigation and experienced traders who need full charting and order management on mobile.
1,400+ Instruments: Forex, Stocks, Commodities, Indices, and Crypto
XM provides access to over 1,400 tradable instruments across every major financial market category — a breadth that positions it as a genuine multi-asset trading environment rather than a forex-only broker.
Forex is the primary and largest market at XM, with 55+ currency pairs covering all majors, minors, and exotics. Major pairs include EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF, and NZD/USD — the most traded currency pairs in the world by daily volume. Minor pairs cover crosses between major currencies excluding the US dollar, and exotic pairs include emerging market currencies from Southeast Asia, Eastern Europe, Latin America, the Middle East, and Africa. Forex trading at XM runs 24 hours a day, five days a week, with tight spreads and deep liquidity on the most active pairs.
Stock CFDs are available on MT5, covering 600+ companies from global major exchanges. US stocks from the NYSE and NASDAQ include Apple, Amazon, Tesla, Microsoft, Meta, Alphabet, and hundreds of others. European stocks cover companies from exchanges in the UK, Germany, France, and other markets — names like BMW, BP, Siemens, LVMH, and others. Stock CFDs are traded with leverage up to approximately 1:20 on non-EU entities and 1:5 on the CySEC entity, with commission of approximately 0.1% per trade and dividends adjusted on CFD positions around the ex-dividend date. XM Global also offers direct share dealing — real stock purchases without leverage — for clients eligible under that entity.
Commodities at XM cover precious metals, energy, and agricultural markets. Gold (XAU/USD) is one of the most actively traded instruments on the platform, available with competitive spreads and no requotes — making XM a popular broker for gold traders who want to express macro views through the metal without paying excessive spread costs. Silver, platinum, and palladium are also available as CFDs. Energy products include crude oil (WTI and Brent), natural gas, and heating oil. Agricultural commodities include cotton, coffee, sugar, and others — a range of softs that is broader than most retail brokers provide.
Indices at XM span major global equity benchmarks — the S&P 500, NASDAQ, Dow Jones Industrial Average, DAX, FTSE 100, Nikkei 225, ASX 200, and others — as cash indices and futures CFDs. Thematic Indices are a distinctive XM product: baskets of stocks organized around specific long-term market themes such as technology, clean energy, healthcare, blockchain, and LATAM Giants, among others. These theme-based indices allow traders to express views on industry trends rather than individual stocks or broad market indices. Turbo Stocks add a leveraged stock CFD product for intraday traders who want enhanced exposure to individual equity price movements.
Cryptocurrency CFDs cover approximately 60 pairs including Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, EOS, and others — all available for 24/7 trading (with a brief Sunday maintenance window). Leverage on crypto CFDs is limited to approximately 1:5, reflecting the higher volatility of the asset class. Spreads on crypto CFDs at XM are wider than on centralized crypto exchanges but the instrument serves traders who want short-term speculative exposure to crypto price movements within an MT4 or MT5 environment with the same account and margin structure as their forex and commodity positions.
Trading Conditions: Execution, Leverage, and Cost Structure
XM’s trade execution processes over 99% of orders in under one second — a speed that meets the requirement for scalpers, news traders, and any strategy where execution latency materially affects results. The broker enforces a no-requotes policy, meaning orders are filled at the price requested rather than being rejected at fast market conditions and sent back with a different price. For traders running strategies that depend on precise entry and exit prices, this no-requotes commitment is a tangible trading condition benefit.
Leverage at XM varies significantly by jurisdiction and instrument type. Under non-EU entities — including the FSC (Belize), FSCA (South Africa), and others — leverage on major forex pairs can be as high as 1:1000, and on other instruments varies by asset class. Under the CySEC entity for EU retail clients, ESMA regulations cap leverage at 1:30 on major forex pairs, 1:20 on minor forex pairs and major indices, 1:10 on commodities other than gold, 1:5 on shares and minor indices, and 1:2 on cryptocurrencies. The regulatory entity your account falls under — determined by your country of residence at registration — determines the leverage limits available to you.
Spreads at XM are account-type dependent. On Standard and Micro accounts, spreads start from 1 pip on major forex pairs with no commissions. On Ultra Low accounts, spreads start from 0.6 pips — tighter than standard — also with no commissions. On the Zero account, spreads start from 0.0 pips with a 3.50 USD per-side commission. The cost comparison between account types depends on trading frequency and volume: for lower-volume traders, the Zero account’s commission may produce a higher total cost than the Ultra Low account’s spread despite the lower raw spread. For high-volume traders, the raw spread with fixed commission typically produces a lower total cost.
Overnight swap fees apply to positions held past the market close in accordance with the interest rate differential between the currencies in the traded pair. XM applies no deposit or withdrawal fees on most payment methods, and the fee structure is transparent with no hidden charges beyond swap costs and the 5 USD monthly inactivity fee that applies after 90 consecutive days of no trading activity or Members Area login. Traders who plan to be active should be aware of the 90-day inactivity trigger and ensure their account remains active to avoid the fee eroding a dormant balance.
Research Tools: Daily Analysis, Trading Central, and Economic Calendar
XM provides a comprehensive suite of research and market analysis tools that go well beyond what most retail brokers include as standard offering — a meaningful operational advantage for traders who rely on external analytical input as part of their decision-making process.
Daily technical and fundamental analysis is published by XM’s in-house research team covering forex, commodities, and equities. Written and video market commentary is updated before each trading session, covering the major pairs and key macro events affecting the day’s trading environment. The commentary is available in multiple languages, reflecting XM’s globally distributed client base and its recognition that useful research needs to be accessible in traders’ native languages to be practically valuable.
Trading Central integration provides algorithmically generated technical signals and analysis across XM’s instrument range. Trading Central is a third-party analytical provider used by institutional and retail brokers globally, known for its pattern recognition and technical indicator analysis. Access to Trading Central signals through XM’s platform gives traders a professional-grade analytical reference point that many retail platforms charge separately for or do not include at all.
The integrated economic calendar within the MT5 platform — and accessible through the XM Members Area — tracks scheduled macro events: central bank rate decisions, inflation releases, employment data, GDP prints, and other market-moving announcements. Understanding the timing and expected impact of upcoming events is foundational to risk management for any position held through scheduled data releases, and the built-in economic calendar removes the need to rely on external sources during active trading.
XM’s webinar program is one of the most active in the retail brokerage market. Live webinars are hosted multiple times per week across multiple languages, covering market analysis, platform tutorials, trading strategy discussions, and educational content for traders at every experience level. Past webinars are archived and accessible on demand, creating a searchable library of content that accumulates over time.
Education: Courses, Tutorials, and the Demo Account
XM’s educational ecosystem is built for traders at all experience levels and is one of the most cited reasons traders choose XM as their first regulated broker. The resource library covers the full learning journey from understanding what a pip is to constructing multi-indicator strategies and managing leveraged portfolios.
Video tutorials cover platform usage on both MT4 and MT5, covering every functional area from order placement and chart customization through EA installation and automated strategy setup. Written educational articles and glossaries cover the conceptual foundations of forex and CFD trading — how leverage works, what margin calls are, how rollover fees are calculated, how to read an economic calendar, and hundreds of other topics that new traders need to understand before risking real capital.
The XM Demo Account provides 100,000 USD in virtual funds for risk-free practice on the live platform at real market prices. Positions opened on the demo account fill at real market conditions, exposing the trader to actual spread costs, execution behavior, and instrument dynamics without financial risk. The demo account is available on both MT4 and MT5 and mirrors the live trading environment exactly. It expires after 60 days of inactivity, but can be refreshed or supplemented with a new demo account at any time.
For traders who have entered partner code 274PQ and activated the 100% bonus, the demo account is a valuable preparatory tool before live trading begins — allowing strategy testing and platform familiarization with zero capital at risk before transitioning to the live account where the bonus is active and real trades affect the balance.
Customer Support: 24/5 Multilingual, Multiple Channels
XM’s customer support operates 24 hours a day, five days a week — covering the full trading week without gaps — across live chat, email, and phone callback. Support is available in over 30 languages, reflecting the broker’s genuinely global client base and its understanding that resolving account and trading issues in a trader’s native language produces meaningfully better outcomes than English-only support.
Live chat typically provides the fastest resolution for time-sensitive issues such as deposit processing questions, account verification status, or technical platform problems. Email support handles more complex requests that benefit from detailed written explanation. Phone callback is available for clients who prefer voice communication on sensitive account matters.
XM Points and Loyalty Program
XM’s loyalty program rewards active traders with XM Points that accumulate based on trading activity. Points are redeemable for cash rewards that are credited directly to the trading account as real withdrawable funds. The program operates continuously without enrollment requirements — trading activity automatically generates points, and the redemption interface in the Members Area allows traders to convert their points balance to account credit.
XM also runs regular trading competitions with cash prize pools, giving active traders an additional pathway to earn beyond standard trading returns. The Refer a Friend program pays cash rewards when clients successfully introduce new traders who fund and reach minimum trading volume thresholds — with the reward credited to the referrer’s MyWallet and transferable to a trading account or withdrawn directly.
Frequently Asked Questions
What is the XM partner code for 2026 and what does it do? The XM partner code is 274PQ. Entering it in the Partner Code field during registration at xm.com links your new account to the partner’s Introducing Broker relationship, which activates eligibility for the 100% deposit bonus — a credit that doubles your deposited trading capital automatically when you make your first qualifying deposit.
Where exactly do I enter the XM partner code 274PQ? The Partner Code field appears on the registration form at xm.com when opening a real trading account. It may be labeled Partner Code, Referral Code, or appear in an optional fields section depending on the current interface. Enter 274PQ before submitting the form. A green checkmark confirms the code was accepted. The code cannot be added after registration is complete.
Does the 100% bonus apply to every deposit I make or just the first one? The 100% bonus from XM partner code 274PQ can apply to multiple deposits under the current campaign terms — not just the initial deposit. Each qualifying deposit may receive a matching bonus credit, allowing you to progressively build your bonus balance as you add funds to your account. Check the specific bonus terms in your Members Area after registration to confirm the current multi-deposit policy.
Is the 100% bonus available in my country? Bonus availability depends on the regulatory entity your account is opened under. Traders registered under XM’s EU-regulated CySEC entity are not eligible for deposit bonuses due to ESMA restrictions on retail client promotions. Traders registered under XM’s offshore entities — including Belize (IFSC), Australia (ASIC), and others — are generally eligible in 2026, subject to jurisdiction-specific terms. Your country of residence at registration determines your entity assignment. Check bonus availability in the Members Area after registration if you are unsure.
Does the XM partner code affect my spreads, commissions, or execution quality? No. Partner code 274PQ does not change spreads, commissions, leverage, execution speed, or any other trading condition on your account. All of those are determined by your account type and regulatory entity. The partner code only determines the Introducing Broker linkage and associated promotional eligibility.
What happens to my bonus if I make a withdrawal? Withdrawing real deposited funds while an active bonus is on your account results in a proportional removal of bonus credit in accordance with XM’s bonus terms. This is standard across the industry — bonus capital is tied to the deposited funds it matches, and partial withdrawal triggers a proportional bonus adjustment. Review the specific terms for the active bonus campaign in your Members Area before submitting any withdrawal request.
Can I use the XM demo account before funding my live account? Yes. XM’s demo account provides 100,000 USD in virtual funds for risk-free practice on the live platform at real market prices on both MT4 and MT5. It is fully functional for strategy testing and platform familiarization before transitioning to the live account. The demo account expires after 60 days of inactivity but can be renewed. Using the demo account before depositing into your live account does not affect the partner code 274PQ bonus — the bonus activates when you deposit into your real account, regardless of demo account activity.
Which account type should I open to use the 100% bonus most effectively? The 100% bonus from partner code 274PQ is compatible with the Micro, Standard, and Ultra Low account types. For most new traders, the Micro Account is the most forgiving starting point — its 1,000-unit lot size allows tight risk management with small positions, meaning the doubled capital from the bonus translates into extended runway to learn without rapid margin depletion. The Ultra Low Account offers tighter spreads for traders who have a clearer strategy and want to minimize cost from the first trade. The choice depends on your capital size, experience level, and preferred approach to position sizing.
What are XM’s minimum deposit requirements? The minimum deposit at XM is 5 USD on Micro, Standard, and Ultra Low accounts, and 10 USD on the Zero account. This makes XM one of the most accessible major regulated brokers globally. The 100% bonus scales directly with deposit size — the more you deposit, the larger the bonus credit — so while the minimum is 5 USD, depositing more at the outset maximizes the capital advantage the bonus provides.
Is XM regulated and are my funds safe? XM is regulated by multiple financial authorities simultaneously: CySEC in Cyprus, ASIC in Australia, IFSC in Belize, DFSA in Dubai, and FSCA in South Africa. Client funds are held in segregated accounts separate from XM’s operating capital. Negative balance protection ensures traders cannot lose more than their deposited capital. XM does not accept clients from the United States, Canada, Israel, Iran, and North Korea.
What is the inactivity fee at XM and how do I avoid it? XM charges a 5 USD monthly inactivity fee after 90 consecutive calendar days of no trading activity and no login to the Members Area. To avoid the fee, simply log into your XM Members Area at least once every 90 days or place at least one trade. If an inactive account reaches a zero balance through fee deductions, it is archived automatically.
Summary
Partner code 274PQ is the mechanism that activates the 100% deposit bonus on a new XM real trading account in 2026 — entered in the Partner Code field during registration, confirmed with a green checkmark, and applied automatically when your first qualifying deposit is made. The result is doubled trading capital from day one: 200 USD becomes 400 USD, 500 USD becomes 1,000 USD, and each subsequent qualifying deposit can continue building the bonus balance over time.
Behind the code is a broker with over 15 years of operation, regulatory coverage under CySEC, ASIC, IFSC, DFSA, and FSCA, 15 million+ clients in 190+ countries, 1,400+ tradable instruments across forex, stocks, commodities, indices, and crypto CFDs, four account types starting from a 5 USD minimum deposit, MetaTrader 4 and MetaTrader 5 with full EA support, no-requotes execution with 99%+ of orders filled in under one second, free deposits and withdrawals on most methods, Trading Central research integration, daily multilingual market analysis, live weekly webinars, and a demo account with 100,000 USD in virtual funds for risk-free practice.
Enter 274PQ in the Partner Code field during registration. Verify your account. Make your first deposit. Trade with doubled capital from the very first position.
