XM Affiliate Program Review

XM is a globally recognised online broker, providing traders with access to a wide range of financial instruments. With over 10 million clients across 190+ countries, XM has established a global presence, supported by multilingual customer service, fast execution, and transparent trading conditions. 

In addition to its top-tier trading services, XM also offers one of the most rewarding affiliate programs in the forex industry. This partnership initiative by XM allows individuals and businesses to earn commissions by referring new clients to the platform.

In this XM affiliate program review, we will dissect this program in detail, including how it works, commission structures, and how to get started.

What is the XM Affiliate Program?

The XM Affiliate Program is a popular partnership scheme that allows individuals and businesses to earn commissions by referring clients to XM. It's a solid program for digital marketers, finance bloggers, and content creators focused on trading audiences. 

XM offers a flexible and rewarding commission structure, tailored to meet the needs of different types of affiliates. XM offers two main commission schemes, which include the Revenue Share (Rev.Share) model and the CPA (Cost Per Acquisition) model. Here’s a breakdown of the two major commission models in the XM Affiliate Program:

Revenue Share (Rev.Share) Commission Model

The revenue share model allows people to earn lifelong commissions as long as their referrals continue trading with XM. The revenue share program is available for global traffic, excluding countries like the UK and EEA nations, where a CPA reward is paid instead. 

Here's how it works: Traders earn affiliate-level points from new referred clients depositing funds, as well as their trading activity. Performance is measured over a 30-day period to determine a user’s level. The goal is to collect as many points as possible during the 30-day period.

The affiliate-level points that people earn determine the tier they are on and how much they can earn. Affiliates with less than 200 level points are in the Bronze tier and stand to earn up to $17 per lot. The Silver tier includes affiliates with at least 200 level points. People in the Silver tier stand to earn up to $35 per lot. Next up is the Gold tier, which has affiliates with at least 300 level points. These affiliates can earn up to $50 per lot.

Meanwhile, affiliates with at least 400 level points belong in the Platinum tier. This tier offers the opportunity to earn up to $70 per lot. Finally, the VIP tier allows affiliates to earn up to $80 per lot. Traders in the VIP must have at least 500 level points. Affiliates will automatically move up a tier when they reach the level points necessary for that tier. If they do not meet the level requirements to move up a tier in a given 30-day period, their points will reset to zero for a fresh performance measure.

Each new affiliate also gets assigned a dedicated affiliate manager who can help them get started and provide ongoing support. This ensures that even new affiliates have access to expert guidance on how to grow and succeed in the program from day one.

CPA (Cost Per Acquisition) Commission Model

The CPA model pays affiliates a fixed one-time commission for each qualified trader referred to XM. There are conditions that apply for an introduced client to be qualified. First, the introduced client must have a fully verified account and make a deposit of at least $150. The second condition is that the introduced client must trade at least 3 standard lots (300 micro lots) in forex or at least a total of 3 lots across various accounts held by the client.

XM offers tiered CPA rates based on your client’s country of origin, because trading behaviours and risk levels vary by region. Here is a breakdown of the CPA for various regions:

XM Partner Reward Program

In addition to the standard affiliate commission plans, XM also offers the Partner Rewards program, which runs in parallel to the affiliate scheme. It uses the same level points system as the Rev.Share scheme. Every point earned can be redeemed for a variety of high-value rewards.

What sets this program apart is its exponential rewards structure. The more points you accumulate, the more each point is worth. Additionally, as you reach new client milestones, the redemption value of your points increases significantly. This means your efforts are rewarded not just incrementally, but with growing returns over time. Points are valid for 12 months, so it's important to redeem them before they expire to enjoy the industry's biggest reward offerings.

How to Join the XM Affiliate Program

To join XM’s affiliate program, you will need to create an affiliate account. Fortunately, this is a simple and straightforward process that involves the following steps:

Step 1: Navigate to the XM’s Affiliate Website

The very first step is to navigate to XM’s official affiliate website (https://partners.xm.com/) and click on the Become a Partner button or Register button.

Step 2: Fill Out a Simple Form

Clicking on the Become a Partner or Register buttons will redirect you to a registration page where you will need to fill in some key details. Here, you will provide your personal details, including your name, date of birth, address details, business information, and you will create a password. If you have a trading account with XM, it is advisable to use the same details for quicker verification. After filling in your details, click on Open Partners Account.

Step 3: Verify Your Email

XM will send you an email asking you to verify your email. Click the verify button on the email you receive. After that, you will receive an email with your affiliate links.

Step 4: Verify Identity and Address

The final step of this account creation process is to verify your identity and address. This involves providing a copy of your identity and proof of address documents. You will need to upload clear photos of said documents as requested by XM.

With that, you are now part of XM’s affiliate program. From there, affiliates can begin promoting XM using the provided marketing tools and their own innovative strategies. The marketing tools can include professionally designed banners and creatives, multiple landing pages in over 20 languages, and Promo codes. Promo codes are particularly useful for platforms or countries where sharing affiliate links is restricted.

One of the standout features of the XM Partner Reward Program is instant commission payments and withdrawals. Affiliates can receive their commissions immediately and withdraw funds at any time with no delays. XM supports multiple convenient payout methods, including bank transfer, USDT, and Skrill. Payments are processed instantly, ensuring partners have fast and flexible access to their earnings.

Navigating the XM Affiliate Program - YouTube Comprehensive Guide

My Experience with XM Affiliate Program

In my experience, the program performs best with global traffic, where conversion rates tend to be much higher. In contrast, in the UK and EEA countries—where XM pays affiliates a CPA reward for each qualified client—the conversion rates are generally lower. 

I’ve been working with XM for over nine years now, and they’ve consistently proven to be a solid company with a strong reputation and an excellent offering for traders, which makes them a fair and worthwhile partner to promote. I recommend setting up separate campaigns to track different traffic sources and strategies. This will help you clearly identify what performs best. 

Additionally, XM automatically assigns a dedicated affiliate manager to your account. I suggest making full use of this resource—ask them for advice on how to improve your performance. They often provide very helpful tips, and for affiliates with strong potential, they usually have a few extra perks up their sleeve.

What XM Offers to Traders

Beyond the benefits of the affiliate program itself, XM offers several compelling reasons why it is an attractive broker to promote. XM provides traders with access to an extensive range of over 1,000 trading instruments, allowing for broad portfolio diversification. Clients can trade CFDs across multiple asset classes, including forex, shares, equity indices, commodities, metals, cryptocurrencies, and energies. These markets are accessible through the widely used MetaTrader 4 and MetaTrader 5 platforms, as well as XM’s own mobile trading app.

When it comes to pricing, XM offers competitive spreads across its various account types. The Standard account delivers spreads from 1.6 pips on major forex pairs with zero commission. In contrast, the Ultra Low account provides even tighter spreads from 0.8 pips, also commission-free. For stock traders, the Shares account charges a commission based on the specific stock and trade size.

On regulations, XM operates under the supervision of several respected financial authorities. These include the CySEC in Cyprus, the ASIC in Australia, the DFSA in the DIFC, and the FSC in Belize. This strong regulatory foundation has helped XM become one of the most trusted and widely used brokers worldwide.

Closing Remarks

The XM Affiliate Program is a powerful opportunity for anyone looking to earn from referring clients to the broker’s site. The program stands out as a robust and rewarding partnership opportunity for anyone looking to monetise their traffic in the trading and investment space. XM’s strong reputation as a globally regulated broker makes it an attractive choice for traders and, by extension, a compelling option for affiliates to promote. The sign-up process is straightforward, and once registered, affiliates gain access to marketing tools and resources to maximise their referral success.