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February 02, 2026, 06:18:06 PM |
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Overview of XM Partner Code PY8GQ Benefits
When you register with XM Partner Code PY8GQ, you unlock multiple trading benefits including a $30 no-deposit bonus, a 100% deposit bonus up to $10,500, and ongoing cashback rewards. This promotional package is designed to help both new and experienced traders maximize their trading capital.
What You'll Receive:
**1. $30 No-Deposit Bonus**
- Credited automatically after account verification
- No deposit required to receive this bonus
- Allows you to start trading immediately with real funds
**2. 100% Deposit Bonus**
- Matches your deposit up to $10,500
- Effectively doubles your trading capital
- Applied instantly when you fund your account
**3. Ongoing LOT Rebates**
- Earn up to 90% cashback on every trade
- Continuous rewards that reduce trading costs
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Step-by-Step Registration Process
CRITICAL REQUIREMENT
The partner code must be entered during initial registration and cannot be added or changed after your account is created. If you skip this step, you permanently lose eligibility for these bonuses.
Step 1: Visit the Official XM Website
1. Go to the official XM website
2. Click on **"Open an Account"** button (usually located in the top-right corner)
3. Ensure you're on the legitimate XM site to avoid phishing
Step 2: Complete the Registration Form
**Personal Information Required:**
- First name, middle name (if applicable), and last name
- Email address (use a valid email you can access)
- Phone number
- Country of residence
- Date of birth
**Partner Code Entry:**
- Enter "PY8GQ" in the partner/referral code field during registration
- Look for a green checkmark or confirmation that the code is accepted
- Double-check the spelling before proceeding
**Trading Preferences:**
- Choose your preferred trading platform (MT4 or MT5)
- Select account type (Micro, Standard, or Ultra Low)
- **Note:** XM Zero Accounts are NOT eligible for deposit bonuses, though they may qualify for the $30 no-deposit bonus in some regions
- Set base currency (USD is recommended as bonuses are USD-denominated)
- Select leverage (can be adjusted later)
Step 3: Email Verification
1. Check your email inbox for the XM welcome email
2. Click the verification link in the email
3. This activates your account and allows you to proceed
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## Account Verification (KYC Process)
Verification is mandatory before you can trade, deposit, or withdraw funds. The process ensures compliance with international financial regulations.
### Required Documents
**Proof of Identity (choose one):**
- Valid passport, national ID card, or driver's license
- Must be current and not expired
- Photo must be clear with all four corners visible
- Full name, date of birth, and photo must be visible
**Proof of Address (choose one):**
- Utility bill (gas, electricity, water, internet)
- Bank statement
- Government-issued residence certificate
- Document must be dated within the last 3-6 months
- Must display your full name and residential address matching your registration details
- P.O. Box addresses are not accepted
### Document Requirements:
- Documents must not be expired, and full corners and edges should be visible
- Do not edit, scale, or crop images
- High-quality color copies or photos
- Maximum file size: 5MB per document
### How to Upload Documents
1. Log in to your XM Member Area
2. Click on **"Verify Now"** or **"Validate Your Account"** button
3. Follow the prompts to upload your documents
4. You may need to take a selfie for facial verification
5. Submit all documents for review
### Verification Timeline
- XM's compliance team typically processes verification within 1-2 business days
- The $30 no-deposit bonus is typically credited within 24 hours after account verification
- You'll receive an email confirmation once approved
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## Claiming Your $30 No-Deposit Bonus
### Automatic Crediting Process
1. Complete the registration with Partner Code PY8GQ
2. Verify your email address
3. Complete the KYC verification process
4. The $30 bonus appears within 24 hours of verification
5. No deposit is required to receive this bonus
### Eligibility Notes
- The $30 no-deposit bonus is available in most non-restricted jurisdictions including Europe, Asia, Latin America, Africa, and Oceania
- Excluded countries include USA, Canada, and Israel due to local regulations
- Check XM's Bonus Terms & Conditions page for a complete list of eligible countries
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## Activating the 100% Deposit Bonus
### How It Works
1. After verification, fund your account through your preferred payment method
2. The deposit bonus is applied instantly upon funding
3. You can receive up to $10,500 in bonus funds, effectively doubling your capital
### Example Capital Impact:
| Your Deposit | Bonus Amount | Total Trading Capital |
|--------------|--------------|----------------------|
| $100 | $100 | $200 |
| $500 | $500 | $1,000 |
| $1,000 | $1,000 | $2,000 |
| $10,500 | $10,500 | $21,000 |
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## Important Terms and Conditions
### Trading Requirements
- Both bonuses require meeting minimum trading volume requirements before withdrawal
- Profits from trading can typically be withdrawn according to standard conditions
- Review XM's complete bonus terms for specific volume requirements
### Key Restrictions
- Partner code cannot be applied to existing accounts
- The code cannot be added later—it must be entered during initial signup
- No fees for using the partner code PY8GQ
- You cannot withdraw the bonus immediately
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## Common Issues and Solutions
### If Verification Takes Too Long
- If your account has been pending verification for more than 48 hours, review your documents for clarity and validity
- Contact XM verification team via live chat or email
- Ensure documents meet all requirements
### Document Rejection Reasons
- Expired documents
- Poor image quality or cropped edges
- Documents older than 6 months (for proof of address)
- Name mismatch between documents and registration
- Edited or modified images
### Missing the Partner Code
- If you forgot to enter PY8GQ during registration, you'll need to create a new account
- Contact XM support, but note that codes typically cannot be added retroactively
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## Frequently Asked Questions
**Q: Can I add the partner code to an existing XM account?**
A: No, the code cannot be added later—it must be entered during initial signup.
**Q: How quickly are bonuses credited?**
A: The $30 no-deposit bonus appears within 24 hours of verification. The deposit bonus is applied instantly upon funding.
**Q: Are there any fees for using the partner code?**
A: No, the XM Partner Code PY8GQ is completely free with no additional charges.
**Q: Can I withdraw the bonus immediately?**
A: No, both bonuses require meeting minimum trading volume requirements before withdrawal.
**Q: What if I don't meet the bonus requirements?**
A: You may not be able to withdraw bonus funds, but profits from trading can typically be withdrawn according to standard conditions.
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Risk Disclaimer
Trading forex and CFDs involves significant financial risk and may result in the loss of your invested capital. Never invest money you cannot afford to lose. The bonuses provided through XM Partner Code PY8GQ are promotional offers subject to specific terms and conditions. Always ensure you understand the risks involved before trading with real money.
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Final Checklist
Before you begin:
- ✅ Prepare valid ID and proof of address documents
- ✅ Have PY8GQ partner code ready to enter during registration
- ✅ Use accurate personal information matching your documents
- ✅ Choose USD as base currency for best bonus conversion
- ✅ Avoid Zero account types if you want the deposit bonus
- ✅ Complete verification promptly to receive bonuses faster
By following this guide carefully and entering the partner code PY8GQ during registration, you'll maximize your trading capital with XM's generous welcome package and ongoing rewards program.
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