XM Partner Code for 2026: 274PQ

Entering partner code 274PQ during XM registration links your account to an active partner and unlocks the full range of XM's new client promotions — including the $30 no-deposit bonus (available in eligible regions), 50% deposit bonus up to $500, and 20% deposit bonus up to $4,500 on subsequent deposits.

The code must be entered during initial registration. It cannot be added to an existing account.

All accounts except Shares are commission-free — all costs are built into the spread. The Ultra Low account offers the tightest spreads and is the best option for cost-conscious active traders. The Islamic account carries no overnight swap or rollover interest and no substitute admin fees — XM does not replace the swap with a hidden charge.

XM is operated by Trading Point Holdings Ltd, which has been active since 2009. It serves over 15 million clients across 190+ countries and processes approximately 14 million trades daily.

The group operates through four regulated entities:

Client fund segregation — customer funds are held in tier-one banks entirely separate from company operating funds. XM cannot use client deposits for business purposes.

Negative balance protection — maximum losses from CFD trading cannot exceed the funds in the trading account. The broker absorbs any shortfall.

Execution quality — 99.35% of orders execute in under one second. XM operates a strict no-requote, no-rejection policy across all account types and all market conditions including major economic events such as NFP and FOMC.

XM does not accept clients from the United States or Canada.

Over 1,000 instruments across six asset classes:

Forex — 60+ currency pairs including majors, minors, and exotics. Spreads from 0.6 pips on major pairs. Leverage up to 1:30 for EU/ASIC-regulated accounts; up to 1:1000 under non-EU entities.

Stock CFDs — 1,200+ company shares traded as CFDs with no additional commission on Standard and Ultra Low accounts. Real shares available through the Shares Account on MT5.

Indices — major global indices including S&P 500, FTSE 100, DAX, and Nikkei 225. Fees built into the spread.

Commodities — gold, silver, oil (WTI and Brent), and agricultural commodities.

Cryptocurrencies — Bitcoin, Ethereum, and other major crypto CFDs. Not available to retail clients under CySEC (EU) or ASIC (Australia) entities due to local regulatory restrictions.

Energies — crude oil and natural gas futures-based CFDs.

MetaTrader 4 (MT4) — the industry standard for forex trading. Supports Expert Advisors (EAs) for automated trading, 50+ built-in indicators, custom indicators, and one-click trading. Available on desktop, web browser, and mobile.

MetaTrader 5 (MT5) — the upgraded platform with more order types, a built-in economic calendar, depth-of-market display, and access to real stock trading. Required for the Shares Account.

XM App — XM's proprietary mobile application. Full trading functionality with biometric login, real-time charts, and account management.

Both MT4 and MT5 include free Virtual Private Server (VPS) hosting for eligible accounts — zero-latency trade execution for automated strategies running 24/7.

$30 No-Deposit Bonus — credited to new accounts in eligible regions without requiring an initial deposit. Profits generated are fully withdrawable. Subject to regional availability and trading volume requirements.

50% Deposit Bonus — up to $500 credited on the first deposit. Functions as additional trading margin.

20% Deposit Bonus — up to $4,500 on subsequent deposits.

XM Traders Club — a tiered loyalty program with five levels: Bronze, Silver, Gold, Platinum, and Elite. Traders earn XM Coins (XMC) for every eligible position closed. Coins are redeemable for trading credit and do not expire. Higher tiers unlock priority support, dedicated account management, and accelerated coin earning rates.

Weekly Trading Bonuses — XM periodically runs time-limited deposit bonus campaigns. In early 2026, weekly bonuses of up to $8,750 were available to eligible accounts.

Copy Trading — follow verified Strategy Managers and automatically replicate their trades. Available to clients of selected XM entities. Suitable for beginners who want market exposure without active trade management, and for experienced traders looking to diversify across multiple strategies simultaneously.

Free Education — XM operates one of the most comprehensive free educational libraries of any broker: live webinars in 30+ languages, video tutorials, trading calculators, economic calendar, and daily market analysis.

24/7 Multilingual Support — customer service available around the clock via live chat, email, and phone in 30+ languages. Phone support is available on weekends for non-EU entities.

Zero Deposit and Withdrawal Fees — XM charges no fees on deposits or withdrawals in most cases. Bank wire withdrawals under $200 carry a $15 processing fee. E-wallet withdrawals (Skrill, Neteller) process the same day.

Inactivity Fee — $10 per month charged after 90 consecutive days of no trading activity.

Is the partner code the same as a referral code? Yes — XM uses both terms interchangeably. Enter 274PQ in the partner/referral code field during registration.

What is the $30 no-deposit bonus? A starting balance credited to new accounts in eligible regions without requiring any initial deposit. It allows new traders to place real trades and withdraw any profits generated, subject to XM's volume requirements.

Which account type should I choose? The Standard Account is the most common starting point — $5 minimum deposit, no commission, full bonus eligibility, and access to the XM Loyalty Program. The Ultra Low Account is better for active traders who prioritize tight spreads over bonus participation, as it is not eligible for the Loyalty Program.

Is leverage up to 1:1000 available? Leverage up to 1:1000 is available under the non-EU entity (XM Global, regulated by FSC Belize). EU and Australian-regulated accounts are capped at 1:30 for forex and lower for other instruments, in line with local retail protection rules.

What is the Islamic account? A swap-free account with no overnight interest or rollover charges — designed for traders whose faith prohibits earning or paying interest. XM does not widen spreads or add admin fees as a substitute charge on Islamic accounts.

Is XM available in the US? No. XM does not accept clients from the United States or Canada.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70–80% of retail investor accounts lose money when trading CFDs with XM. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This article is for informational purposes only and is not financial advice.