The trading-rebate review 01.11.2026
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Forex broker rebate

XM rebates

Get back up to $18 per standard lot trading at XM. Free, for life, with no change to your spread or trading conditions.

How do I get the rebate?

No account yet Open a new account through Backcom VN Already have one Move the account to Backcom VN
$18 per lot Get the rebate

What is a XM rebate?

XM rebate and XM cashback are two names for one thing: part of the trading fee you already paid is returned to you. Through Backcom VN the maximum at XM is $18 per lot.

It is not profit and does not depend on whether you win or lose — it is calculated on traded volume. Nor does it widen your spread or slow your fills: it comes out of the partner commission the broker already pays, not out of your costs.

The general mechanism is explained in what a forex rebate is.

Overview

XM is a forex & CFD broker founded in 2009, serving over 10 million clients in 190+ countries. The minimum deposit is just 5 USD, with support for MT4, MT5, WebTrader and XM App, fast execution and several account types. XM is a forex & CFD broker founded in 2009, serving over 10 million clients in more than 190 countries.

XM stands out for its minimum deposit of just 5 USD, which makes it easy for beginners to get started, and its range of accounts: Standard, Ultra Low (lower advertised spreads), Micro and Shares. XM states that it offers fast execution, supports scalping, hedging and EA trading, and runs several bonus programmes.

When you register with XM through Backcom VN, you receive rebates under the VIP scheme — Backcom returns up to 90% of IB commission, up to $18/lot depending on the instrument and account type, helping to significantly reduce trading costs.

Rating breakdown

  • Regulation 4.1
  • Spreads & Fees 4.1
  • Platforms 4.5
  • Withdrawals 4.2

Overall: 4.6 / 5 — scored by Backcom VN.

Regulation

CySEC Cyprus 120/10
ASIC Australia 443670
DFSA UAE F003484
FSC Belize 000261/397

Specification

Platforms
MT4 MT5 WebTrader Mobile
Features
Scalping Hedging EA Islamic NBP OneClick
Currencies
USD, EUR, GBP, JPY, AUD
Minimum volume
0.01 lot

Strengths and trade-offs

Strengths

  • Minimum deposit of just 5 USD — easy for beginners to get started
  • Ultra Low accounts offer low advertised spreads (from 0.8 pip)
  • Full support for MT4, MT5, WebTrader and XM App
  • Fast execution with support for EA / scalping / hedging
  • Several account types and bonus programmes, with extensive support

Trade-offs

  • The advertised spread 'from 0.8 pip' is not the average spread and varies by symbol and time
  • The maximum leverage of 1:1000 is an advertised limit and does not apply to every account or instrument
  • Accounts left inactive for a long time may incur fees
  • Limited crypto CFD instruments and no cTrader support

Rebates by instrument Live

Symbol Standard Ultra Low
XAUUSD $18.00 $9.00
BTCUSD $18.00 $7.11
EURUSD $8.10 $3.15
GBPUSD $8.10 $3.15
USDJPY $8.10 $2.70
AUDUSD $8.10 $4.50
USDCAD $8.10 $4.50
ETHUSD $1.31 $1.13

Rebate levels are published by the broker and can change. The exact figure for your account appears in the dashboard once your account is registered.

Payout terms

Payment type
Cash
Payment frequency
Daily, automatic
Processing time
8 – 9 AM
Payment destination
My Wallet
Minimum rebate
No requirement
Payment currency
USD
Maximum rebate
Up to 90% of IB commission — up to $18/lot
Partner code
BCGLOBAL
Supported platforms
MT4, MT5, WebTrader & XM App
Requirements
No minimum volume requirement; minimum deposit of just $5 (Ultra Low)
Eligible account types
Standard, Ultra Low, Shares
Video guides

Open a XM account and start earning

  1. Register an XM account through the Backcom VN referral link (referral code: BCGLOBAL).

  2. Complete KYC (account verification) using 1 of 3 document types: citizen identity card, driving licence or passport.

  3. Deposit funds into your account and trade as usual.

Note: If registering in a browser, open an Incognito tab to avoid losing referral tracking. It is best to prioritise entering the referral code “BCGLOBAL” when registering.

Referral code
Open an account and earn Enter the code at sign-up to earn up to $18 / lot

  1. Register a new XM trading account in the Account Overview section.

  2. Select your trading platform and trading account type.

  3. Set up your account and enter the referral code BCGLOBAL to receive 90% trading fee rebates permanently.

  4. Create a password for your new trading account ID.

  5. Complete and confirm your enrolment in the XM Backcom programme.

Referral code
Ask support to link my account Enter the code at sign-up to earn up to $18 / lot

Before you start

Do and do-not checklist7 items

Do

  • Register through the correct Backcom VN referral link to qualify for rebates.
  • Complete KYC using a citizen identity card / driving licence / passport.
  • Choose an account type (Standard or Ultra Low) that suits your strategy.
  • Check the actual spread/commission for each symbol before trading.

Do not

  • Register directly with XM without using the Backcom link — you will NOT receive rebates.
  • Mistake the advertised spread 'from 0.8 pip' for the average spread.
  • Assume leverage of 1:1000 applies to every account or instrument.

Video guides

How the rebate is calculated

Total rebate = lots traded × rebate per lot

At up to $18 per lot, trading 10 lots in a month returns $180. At 50 lots that is $900 a month, or $10,800 across a year — whether those trades won or lost.

Work it out on your own volume

Common questions

01 What is XM, and is it reputable?

XM is a forex & CFD broker founded in 2009, serving over 10 million clients in more than 190 countries. It supports MT4, MT5, WebTrader and XM App, with several account types and bonus programmes.

02 What is XM's minimum deposit?

XM allows a minimum deposit of just 5 USD for Standard and Ultra Low accounts, making them well suited to beginners.

03 What account types does XM offer?

XM offers Standard, Ultra Low (lower advertised spreads), Micro and Shares accounts. Standard/Ultra Low accounts have a minimum deposit starting at 5 USD; Shares requires more capital.

04 What are XM's spreads and commissions?

Standard and Ultra Low accounts are commission-free; XM advertises spreads from 0.8 pip on Ultra Low. Advertised spreads are not average spreads and vary by symbol and time.

05 What is XM's maximum leverage?

XM advertises leverage of up to 1:1000, but the actual level depends on the account type, instrument and conditions — it is displayed in your account when you trade.

06 Which trading platforms does XM support?

XM supports MetaTrader 4, MetaTrader 5, WebTrader and XM App on desktop and mobile.

07 What are XM rebates (backcom), and how much can I receive?

XM rebates are payments returned by Backcom VN based on trading volume — under the VIP scheme, Backcom returns up to 90% of IB commission, up to $18/lot depending on the instrument and account type, paid daily into your Backcom wallet.

08 How do I register for XM rebates?

① Register with XM through the Backcom VN referral link; ② Complete KYC; ③ Deposit funds and trade as usual. If you already have an XM account, contact Backcom for instructions on changing your partner (IB).

09 How do deposits and withdrawals work at XM?

XM states that it charges no deposit/withdrawal fees for many payment methods; withdrawals usually take 2–5 working days, depending on the bank or method. Third-party fees may still apply.

10 What is XM's Swap-Free (Islamic) account?

XM offers a Swap-Free option (no overnight interest) for some account types; eligibility and conditions vary by region and instrument.

Risk warning Leveraged forex and CFD trading carries a high level of risk and may cost you your entire capital. A rebate is not a promise of profit and does not offset losses. This page is provided for information only.