XM Loyalty Program: A Smarter Way to Trade and Earn More
The XM loyalty program is a program that many traders are interested in. Because the loyalty tiers provided by XM are an attractive reward system that can be converted into money to encourage traders to actively participate and maintain trading activities. In the following article, I will write about XM's loyalty tiers, as well as guide you on how to convert points into rewards.
Let's take a look!
XM Loyalty Program
The XM loyalty program is a point reward system for customers trading on the XM platform. This system allows users to automatically earn points in each trading session based on their loyalty status, which is determined by their trading time.
All customers with live accounts on XM will start at Executive level and their status will be automatically upgraded to higher tiers such as Gold, Diamond and Elite over time. When the loyalty status is upgraded, the amount of XM Points (XMP) that customers receive for each standard lot trade (100,000 currency units) will increase accordingly.
What are XMP?
XMP stands for XM Points - the reward points of the XM loyalty program. XM Points can be earned automatically in each trade and can be converted into cash rewards or cash, used as deposit money.
How to earn XMP
XM Points can be automatically earned in two-way trades for each standard lot (100,000 currency units). If you trade 0.1 lots (10,000 currency), you will receive 1/10 of the basic point. The amount of XM Points earned will vary depending on your loyalty status.
Check your XMP balance
The XMP earned can be verified by logging into your XM member page and checking the loyalty points section in the upper right corner of the screen.
Benefits of the XM Loyalty Program
The method of applying XM points makes it possible to optimize the benefits from XM's reward point program. By following detailed steps and applying a reasonable strategy, you can generate profits from XM points without risking your real money. Some potential benefits include:
- Automatic points earning: You can earn XM points automatically with each trade.
- Status upgrades: Your loyalty status will be automatically upgraded, increasing your XM point earnings.
- Conversion to cash rewards: XM points can be converted into cash rewards or cash, adding more benefits for traders.
XM Loyalty Statuses
XM has different loyalty status levels, ranging from Executive to Elite, with each level providing different benefits and conditions to encourage and reward customer loyalty.
Executive
- Starting Level: All new customers begin at the Executive level.
- Points Earned: 10 points for each standard two-way trade lot (100,000 currency units).
- Conversion: Each trade lot is equivalent to 10 XMP.
Gold
- Upgrade Requirement: After 30 days of trading, the Executive status can be upgraded to Gold member.
- Points Earned: 13 points for each standard two-way trade lot (100,000 currency units).
- Conversion: Each trade lot is equivalent to 13 XMP.
Diamond
- Upgrade Requirement: After 60 days of trading, the Gold status can be upgraded to Diamond member.
- Points Earned: 16 points for each standard two-way trade lot (100,000 currency units).
- Conversion: Each trade lot is equivalent to 16 XMP.
Elite
- Upgrade Requirement: After 100 days of trading, the Diamond status can be upgraded to Elite member.
- Points Earned: 20 points for each standard two-way trade lot (100,000 currency units).
- Conversion: Each trade lot is equivalent to 20 XMP.
The upgrading from Executive to Elite reflects the customer's commitment and continuity with the XM trading platform, while providing increasingly higher benefits for each level.
Guide to converting XM points to rewards on the XM member page
Step 1: Log in and access your XM member page
Log in to your Member Area HERE => select the account icon in the top right of the screen => Choose to view my loyalty status.
Step 2: Check and select points conversion
On your loyalty points status screen, you can view your "Current loyalty status" and "Current XM points".
To convert points to rewards, click the "Convert Now" button in the "Equivalent reward credit value" or "Equivalent cash reward value" box, depending on your account and choice.
In this example, the account can only convert to equivalent reward credit value.
Step 3: Confirm and complete conversion
Enter the number of XM points you want to convert into the XMP form. Note the minimum conversion is 0.1 XMP. In this example, there are not enough points for the minimum conversion.
The auto-converted reward will display beside. After confirming your points and selection, click the "Convert to Rewards" button to complete the conversion. Carefully check before clicking as the conversion cannot be reversed.
Step 4: Complete the conversion process
When the reward conversion is complete, a success notification will display.
This is the reward conversion history from July 29, 2024 for $0.39 via email notification. It can be used within 1 year until 2025. Of course, this reward cannot be withdrawn as cash.
Be advised the process of converting XM points to rewards on the XM member page is an effective and convenient way to take advantage of membership program benefits from XM.
Instructions on how to calculate XM reward transfers
XM is one of the popular Forex trading platforms that offers attractive loyalty programs and rewards for users. Calculating the conversion of XM points (XMP) is an important part for traders to maximize their benefits.
There are two main methods to convert XMP:
Converting XMP to credit rewards:
Converting XMP to cash:
Cash = XMP / 40
An important rule to note is the 10 minute rule. If you close a trade within 10 minutes of opening it, you will not receive any XMP points for that trade. This encourages traders to maintain trades for longer durations to accumulate more XMP points.
XM also has different loyalty status tiers such as Gold, Diamond and Elite. These tiers impact the number of XMP points earned and the time required to maintain that status. If there are no trades within a certain period, your loyalty status will revert back to Executive.
Specifically:
- Gold status: 30 days
- Diamond status: 60 days
- Elite status: 100 days
Understanding these conversion methods and rules will help traders make the most of the rewards program benefits at XM by optimizing how they convert their XMP points into either credit rewards or cash based on their needs.
XM Loyalty Program FAQ
How do you get Loyalty Status?
After making your first deposit and placing your first trade order, Loyalty Status will be activated and initially set at Executive level.
How do you upgrade Loyalty Status?
- Executive level is upgraded to Gold after 30 days of trading
- Gold level is upgraded to Diamond after 60 days of trading
- Diamond level is upgraded to Elite after 100 days of trading
Can you lose your Loyalty Status on XM?
After certain periods of inactivity without trading, your XMP points will expire and your Loyalty Status will be reset to Executive level.
- Gold level expires after 30 days without trading
- Diamond level expires after 60 days without trading
- Elite level expires after 100 days without trading.
What are the differences between the Loyalty Statuses?
The differences between Loyalty Statuses lie in the number of XMP points you will receive each time you trade.
- Executive = 7 XMP for each standard lot traded
- Gold = 10 XMP for each standard lot traded
- Diamond = 13 XMP for each standard lot traded
- Elite = 16 XMP for each standard lot traded.
How do you earn XMP?
XMP is automatically calculated for you when you trade. For each standard lot traded, you will receive 7, 10, 13 or 16 XMP depending on your Loyalty Status. The higher your Loyalty Status, the higher your accumulation rate of XMP when you trade, earning you more rewards.
What is XMP?
XMP stands for XM Points, accumulated over time and converted into trading bonuses. As your Loyalty Status increases, you will receive XMP at a higher rate.
What is the value of XMP?
For example, if you have a balance of 1,200 XMP, this amount can be converted into $400 Credit Bonus to use for trading.
See also:
- Verify XM account - How to download account verification documents
- XM Affiliate Guide: Boost Your Income Online
XM's loyalty program is a useful tool for traders on the XM exchange. It helps players earn additional benefits from each trade and encourages loyalty by increasing reward points over time.
I hope the information provided here by Smarthtrading is truly useful for readers, helping you fully understand XM's loyalty program! Wish you all the best in your trading success.