XM Broker $100 No Deposit Bonus for South Korean Clients: Eligibility, Steps and Rules

XM Broker is offering a $100 No Deposit Bonus for new clients who reside in South Korea. The promotion lets you trade on a real account without making a deposit, so you can test how the platform executes orders before you commit your own money.

This guide explains who qualifies, how to claim the bonus step by step, what the withdrawal rules mean for your profits, and how the offer compares with the smaller free bonuses open to traders in other regions.

What the XM Broker $100 No Deposit Bonus Includes

The promotion, called the $100 XM Broker No Deposit Bonus, is a free bonus of 100 USD. It is designed for live trading, so you can practise with real market conditions while your own funds stay untouched. It is presented as an exclusive offer for new South Korean clients.

How the Bonus Is Credited

The bonus is not a cash deposit. It is credited as a trading bonus, and the rules around it differ from the rules for money you deposit yourself. Treat it as trading capital, not as money you can simply take out.

Read the withdrawal section below before you place your first trade. Knowing what can and cannot leave your account will shape how you plan your positions.

Who Qualifies for the XM Broker Bonus

Eligibility is based on two things: where you live and which legal entity your account is registered under. Check both before you open an account.

• You must be a new client who resides in South Korea. The offer is available only to residents of South Korea.
• Clients registered under Trading Point of Financial Instruments Ltd are not eligible for the Trading Bonus.
• Traders from other regions can look at the $50 Free No Deposit Bonus or the $30 Free No Deposit Bonus instead.

If you are unsure which entity applies to you, confirm it with XM before claiming anything. Claiming under the wrong entity can waste your time and your 30-day window.

How to Claim the XM Broker No Deposit Bonus

The claim process has a few required steps, and the offer expires if you miss the window. You must claim the free bonus within 30 days of opening your account. After 30 days, the offer expires for that account.

1. Open a Live Trading Account. The bonus is tied to a live account, not a demo account.
2. Log in to the Members Area using the credentials sent to your email.
3. Verify your account by uploading the required identification documents.
4. Click Claim your Free Forex Bonus in the Members Area.
5. Complete the voice verification by following the on-screen steps.

Work through these steps in order. Verification is the step most likely to cause delays, so start it early rather than near the end of your 30 days.

Tips Before You Start

Set a calendar reminder for day 30 after you open the account. Missing the claim window is the most avoidable mistake with this type of offer.

Upload clear, valid documents on the first attempt so verification does not hold up your claim. Blurry or expired documents are a common reason for delays.

If you are new to trading, use the bonus period to practise sound habits. Our guide to 7 Forex Risk Management Strategies Beginners Should Use is a useful companion read, because risk control matters even when the capital at stake is a bonus.

XM Broker Withdrawal Rules You Need to Understand

The withdrawal rules are the part of the offer that most traders misread. The free bonus and your profits are treated differently, so it helps to know exactly what can and cannot leave your account.

• Profits can be withdrawn at any time.
• Withdrawing funds removes a proportional amount of the trading bonus. A withdrawal reduces the bonus balance in proportion to the amount taken out.
• The free bonus itself cannot be withdrawn.

In practice, the bonus works as trading capital rather than cash. Plan your trades with that in mind, and check the full terms in your Members Area before making any withdrawal.

Comparing the XM Broker Bonus With Other Free Offers

The $100 offer is the largest of the three free bonuses mentioned for XM Broker in this post. The table below summarises the main differences based on the details covered here.

If you are outside South Korea, the smaller offers may still suit you. Review each one’s eligibility and withdrawal terms, because the rules can differ from the $100 promotion.

For a wider view of free offers across brokers, see Biggest Free Forex Bonuses 2027.

XM Broker Regulation and Group Structure

XM is a group of regulated online brokers, and the group operates through several legal entities. Each entity has its own regulator and licence. This matters because the entity you are registered with determines which promotions you can access.

• Trading Point of Financial Instruments Ltd, established in 2009, regulated by CySEC, licence 120/10.
• Trading Point of Financial Instruments Pty Ltd, established in 2015, regulated by ASIC, licence 443670. You can read about the regulator at the Australian Securities and Investments Commission website.
• XM Global Limited, established in 2017, regulated by the International Financial Services Commission, licence 000261/158.

Promotions, bonuses and the loyalty program are not available to clients registered under the EU regulated entity. Trading Point of Financial Instruments Ltd clients are also excluded from the Trading Bonus. Confirm which entity your account sits under before you claim anything.

XM also offers other promotions, deposit bonuses, free contests and a loyalty program. If you want to explore the deposit side, see how to claim the XM 100% Deposit Bonus.

Final Thoughts on the XM Broker $100 Offer

The XM Broker $100 No Deposit Bonus is a straightforward offer for new clients in South Korea who want to trade live without depositing funds. The main requirements are clear: open a live account, verify it, claim within 30 days, and understand that the free bonus itself cannot be withdrawn.

Before you claim, confirm your residency, check which legal entity your account is registered under, and read the withdrawal rules carefully. Those three checks will prevent most of the problems traders run into with free bonus offers.