If you are opening a new trading account at XM and want to activate the best available welcome bonus, you need to enter partner code 274PQ during registration. It unlocks a 100% deposit bonus that doubles your starting capital and gives you more margin to trade with from day one.
What Is an XM Partner Code?
An XM partner code is a referral identifier you enter in the Partner Code field when opening a new real trading account at XM. It links your account to a specific partner and activates any bonus or promotional offer attached to that code.
Partner code 274PQ activates the 100% deposit bonus — meaning XM matches your first deposit with an equal amount of trading credit. This credit boosts your available margin, allowing you to manage larger positions and trade more flexibly than you could with your deposit alone.
The code must be entered during registration. It cannot be applied to an existing account or added after sign-up is complete.
XM Partner Code 274PQ — Key Details
Detail | Information |
Partner Code | 274PQ |
Bonus Type | 100% Deposit Bonus |
Bonus Format | Trading credit added to your account margin |
Minimum Deposit | $5 |
Platforms Supported | MetaTrader 4 (MT4) and MetaTrader 5 (MT5) |
Account Types | Micro, Standard, Ultra Low, Zero |
When to Enter the Code | During new account registration only |
Bonus Availability | Not available under EU/CySEC entity |
Broker Regulation | CySEC, ASIC, IFSC and others |
Registration Link |
How to Register Using XM Partner Code 274PQ
Follow these steps exactly to make sure the code is applied and your bonus is activated:
Step 1 — Open the registration page Click here to go directly to the XM registration page — the partner code 274PQ is already pre-filled for you.
Step 2 — Fill in your personal details Enter your country of residence, email address, and create a password. Select your preferred account type — Standard and Ultra Low are the most popular choices for most traders.
Step 3 — Confirm partner code 274PQ is in place Look for the Partner Code field on the registration form. It should already say 274PQ if you used the direct link. Confirm you see a green tick indicating the code has been accepted. Do not proceed without confirming this.
Step 4 — Choose your trading platform and base currency Select either MT4 or MT5 depending on your preference. Choose your account base currency — USD is the most widely used.
Step 5 — Verify your identity (KYC) Upload a government-issued photo ID and a proof of address document such as a utility bill or bank statement dated within the last three months. Verification usually completes within a few hours.
Step 6 — Make your first deposit Fund your account using any supported method. The minimum deposit is just $5. The 100% bonus is credited automatically once your deposit is processed and the promotion is active in your region.
Step 7 — Start trading with boosted margin Your bonus credit appears alongside your deposited funds. You now have double the capital to work with as trading margin.
How the 100% Deposit Bonus Works
Your Deposit | Bonus Added (100%) | Total Trading Capital |
$50 | $50 | $100 |
$100 | $100 | $200 |
$200 | $200 | $400 |
$500 | $500 | $1,000 |
$1,000 | $1,000 | $2,000 |
The bonus is credited as trading credit, not withdrawable cash. Its purpose is to increase your margin — the buffer that keeps your positions open during normal market fluctuations. Profits you make while trading with the bonus are real and withdrawable once standard trading volume conditions are met. If you withdraw your deposit, a proportional amount of bonus credit is removed.
About XM — The Broker Behind the Bonus
XM was founded in 2009 and serves over 15 million clients across more than 190 countries. It is regulated by multiple authorities and is known for low minimum deposits, fast trade execution, and a strong educational offering.
Feature | Details |
Founded | 2009 |
Clients | 15 million+ across 190+ countries |
Regulators | CySEC, ASIC, IFSC, FSC, DFSA |
Tradable Instruments | 1,000+ including forex, indices, commodities, stocks, crypto CFDs |
Platforms | MetaTrader 4 and MetaTrader 5 |
Minimum Deposit | $5 |
Account Types | Micro, Standard, Ultra Low, Zero |
Leverage | Up to 1:1000 (entity dependent) |
Negative Balance Protection | Yes |
Customer Support | 24/5 multilingual live chat, email, phone |
XM Account Types
Account Type | Min. Deposit | Spreads | Commission | Best For |
Micro | $5 | From 1 pip | None | Beginners with small capital |
Standard | $5 | From 1 pip | None | Everyday retail traders |
Ultra Low | $50 | From 0.6 pip | None | Traders wanting tighter spreads |
Zero | $100 | From 0 pip | $3.50 per side per lot | High-volume and scalping traders |
XM Promotions in 2026
Promotion | What You Get | Who It Is For |
100% Deposit Bonus | Double your deposit as trading credit | New accounts using code 274PQ |
$30 No Deposit Bonus | Free $30 credit on account opening | New accounts in eligible regions |
Refer a Friend | Up to $150 per successful referral | Existing XM clients |
Weekly Trading Bonus | Bonus based on lots traded each week | Active traders during campaign periods |
XM Traders Club | Points, cashback, and tier rewards | Long-term active traders |
Trading Contests | Cash prizes for demo and live competitions | All registered clients |
Pros and Cons
Pros
100% deposit bonus activated with partner code 274PQ
Low $5 minimum deposit — accessible to all levels
Regulated by CySEC, ASIC, IFSC and other authorities
No requotes and no order rejections
Negative balance protection on all accounts
1,000+ instruments across all major asset classes
Free daily webinars and full education library
MT4 and MT5 on desktop and mobile
24/5 multilingual customer support
Cons
Bonus not available under the EU/CySEC entity
Trading credit from the bonus is not directly withdrawable
Zero account requires a $100 minimum deposit
Leverage limits apply to EU-regulated accounts
Frequently Asked Questions
What is the XM partner code for 2026? The XM partner code for 2026 is 274PQ. Enter it during registration to activate the 100% deposit bonus. You can also register directly here and the code is pre-filled automatically.
Where exactly do I enter the XM partner code 274PQ? In the Partner Code field on the XM account registration form. After typing 274PQ you should see a green tick confirming the code is valid.
Can I add the partner code after I already opened my account? No. XM only allows partner codes to be entered during initial registration. If you already have an account without the code, you would need to open a new account to use it.
What does the 100% bonus actually give me? It matches your deposit with an equal amount of trading credit. If you deposit $500, you get $500 in bonus credit — giving you $1,000 in total trading capital. This increases your available margin and reduces the risk of margin calls.
Can I withdraw the 100% bonus? The bonus credit itself cannot be withdrawn. However, profits earned while trading with the bonus can be withdrawn once the required trading volume conditions are met.
Is the bonus available in my country? It is generally available to clients under XM's offshore entities (IFSC, FSC, DFSA). It is not available to clients under the EU CySEC entity due to European financial regulations. Check during registration for your specific region.
Is XM a safe broker? Yes. XM has been operating since 2009, holds licences from CySEC, ASIC, IFSC, FSC, and DFSA, serves over 15 million clients, and offers negative balance protection on all accounts.
What is the minimum deposit at XM? Just $5 on Micro and Standard accounts. Ultra Low accounts require $50 and Zero accounts require $100.
Does XM have a mobile app? Yes. Full MT4 and MT5 apps are available for iOS and Android with all trading features and account management tools included.
What markets can I trade at XM? Over 1,000 instruments including forex pairs, gold, silver, oil, equity indices, individual stock CFDs, and cryptocurrency CFDs.
Final Verdict
XM partner code 274PQ is the code to use when opening a new XM account in 2026. It activates the 100% deposit bonus — doubling your trading capital from your very first deposit and giving you the margin to trade more confidently from the start.
Open your XM account now with code 274PQ already applied and claim your 100% deposit bonus today.
Trading forex and CFDs carries significant risk of loss and is not suitable for all investors. The 100% deposit bonus is provided as trading credit and is subject to XM's terms and conditions. Bonus availability varies by region and regulatory entity. Always trade responsibly and only with money you can afford to lose.