How to get XS's No Deposit Bonus (Welcome Bonus)?

A no deposit bonus (also called a welcome bonus) is a trading credit that appears in your account without you adding your own money first. At XS, the welcome bonus is designed to let you place real trades with real market prices, while the bonus itself is treated as trading credit and follows strict rules about eligibility, account setup, and withdrawals.

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What the XS Welcome Bonus is

XS defines the welcome bonus as a No Deposit Trading Bonus offered by XS Ltd to eligible clients who meet the promotion rules. It is tied to a specific real trading account created for the promotion (the “Bonus Account”).

Key facts XS states about this bonus:

• It is a no deposit trading bonus offered to eligible clients.
• It applies only to one bonus account per eligible client and multiple registrations are not permitted.
• The bonus cannot be withdrawn as bonus credit.
• Profits from trading on the bonus account can be withdrawn under the conditions stated for the specific welcome bonus promotion.
• The bonus cannot be transferred between real trading accounts.

XS also states it may limit availability by country or region and may offer the bonus at its discretion.

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Who can receive the XS Welcome Bonus

XS’s welcome bonus is available only to clients who meet the promotion’s eligibility rules. XS states the bonus may be offered only to new clients and applies to the first real trading account (the bonus account) for that promotion, and participation by intermediaries or related parties is prohibited.

XS also requires identity verification:

• To receive the welcome bonus, eligible clients must successfully complete the verification process through the client area.

On the XS welcome bonus promotion page (example: the “KYC Welcome Bonus” promotion), XS states that both new and existing clients can qualify by completing KYC, and the credit is applied automatically to a dedicated welcome account.

So the eligibility logic is simple:

• If the welcome bonus promotion is available for your profile and region, the core requirement is completing KYC and following the bonus claim procedure inside XS.

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Step-by-step: How to get the XS Welcome Bonus

Step one: Register an XS account

You start by creating an XS client profile. The welcome bonus promotion flow begins only after you have an XS account that can access the client area.

Step two: Complete KYC verification

XS requires verification to receive the welcome bonus. In practice, this means completing the identity verification steps inside your XS client area until your profile is verified. XS explicitly states that completing the verification process is required in order to receive the bonus.

Step three: Complete the bonus receiving procedure

After KYC is completed, XS states you must complete the welcome bonus receiving procedure, after which the dedicated welcome account is created.

Step four: The “Welcome” account is created for you

XS explains that after the procedure is completed, a dedicated welcome account (for example, “Welcome 5000”) is created for you.

This matters because the welcome bonus is not simply “added” to any account you already use. It is tied to the bonus account for the promotion, and XS states clients are permitted to hold only one bonus account for the promotion.

Step five: The bonus credit is added to the welcome account

XS states the bonus credit is applied to the dedicated welcome account once you complete the steps. In the “Welcome 5000” example, XS states 5,000 JPY is credited as bonus credit to that welcome account.

Step six: Start trading on the required platform

XS states the welcome account for this promotion is on MT5, and you trade from MT5 using that welcome account.

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What you receive in the Welcome Bonus account

A welcome bonus promotion can have specific account settings that are not the same as your normal trading accounts.

In the “Welcome 5000” promotion example, XS states these key settings:

• Account type: Welcome 5000
• Platform: MT5
• Account currency: JPY
• Bonus amount: 5,000 JPY
• Initial leverage: 1:2000
• Selectable leverage options are provided in the promotion details
• Tradable instruments include FX majors, FX minors, FX exotics, metals, and BTC

XS also states that you can add funds at any time (you are not blocked from depositing just because the account started with credit).

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How the welcome bonus credit works

The most important thing to understand is the difference between:

• Bonus credit (the welcome bonus itself), and
• Withdrawable balance (money you are allowed to withdraw)

XS states the welcome bonus “may only be used for trading purposes and cannot be withdrawn.”

XS also explains that profits from trading on the bonus account may be withdrawn according to the conditions of the specific promotion.

In addition, XS states the bonus may be convertible into cash after meeting the conditions stated on the promotion page.

This creates a clear structure:

• XS credits bonus value as credit in a dedicated welcome account.
• You trade with it under the promotion rules.
• Once you meet the conditions, XS converts eligible bonus amounts into withdrawable balance according to the promotion mechanics.

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The trading requirement to withdraw bonus value

XS states that, for the “Welcome 5000” promotion, to withdraw the bonus credit you must meet these conditions:

• You must trade 5 lots or more on the “Welcome 5000” account.
• Only positions held for two minutes or longer are counted toward the trading volume requirement.
• After meeting the trading conditions, the bonus is automatically converted at regular intervals into a balance that can be withdrawn.

These points define how you should trade if your goal is to convert bonus credit into withdrawable balance:

• Focus on trades that remain open for at least the stated minimum holding time.
• Track your total traded lots in the welcome account until you meet the requirement.

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What actions can remove the bonus

XS states that any withdrawal or transfer-out of funds from the bonus account causes the previously awarded trading bonus to be removed either proportionally or in full, depending on the specific promotion rules.

On the “Welcome 5000” promotion page, XS also explains a practical version of this rule:

• You can move balance from the welcome account, but if you move funds to a wallet or another account, the credit disappears and the credit balance becomes zero.

So, the safest operating rule is simple:

• Treat the welcome account as a dedicated account until your bonus conversion is complete, and avoid actions that trigger credit removal.

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One-time use rules and account limits

XS states the welcome bonus is redeemed only once per eligible client, and eligible clients are permitted to hold only one bonus account, with multiple registrations not permitted.

XS also states participation by intermediaries or related parties is prohibited.

Practically, this means:

• You should assume the welcome bonus is a one-time promotion tied to a single verified identity and a single bonus account.

Trading behavior that can cancel the bonus

XS states it may exclude a client and cancel the bonus if it believes there is misuse, bad faith, abusive or fraudulent behavior, tampering, breach of terms, or false documents during verification.

XS also states that suspected arbitrage, “risk free profiting,” abuse patterns that indicate the client aims only to benefit from the credit without genuine market risk, fraud, manipulation, or deceitful activity can nullify bonuses and may lead XS to close or suspend accounts and cancel profits.

So if you want the bonus to remain active:

• Trade normally, avoid tactics designed only to extract bonus value, and keep your verification information accurate.

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A clean workflow to claim and use the XS Welcome Bonus

Here is a practical workflow that matches XS’s rules:

Register and verify first

Do the account registration and complete KYC fully, because verification is required for bonus eligibility.

Use the dedicated welcome account on MT5

When the welcome account is created, log in to MT5 using that account and place trades only from that environment, since the promotion is linked to the bonus account and is not transferable between accounts.

Trade eligible instruments

For the “Welcome 5000” promotion example, XS lists eligible instruments as FX majors, minors, exotics, metals, and BTC.

Meet the conversion requirement with valid trades

If your promotion uses the same structure, the key is meeting the lot requirement with positions held at least the minimum time so the volume counts.

Avoid transfers that erase credit

Do not move funds out in a way that triggers credit removal before conversion is done, because XS states transfers or withdrawals can remove the bonus credit.

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Common questions traders ask about XS no deposit bonuses

Can I withdraw the welcome bonus immediately?

No. XS states the bonus is for trading purposes and cannot be withdrawn as bonus credit.

Can I withdraw profits made using the bonus?

Yes, profits may be withdrawn under the conditions stated for the specific welcome bonus promotion.

Is the welcome bonus tied to one account?

Yes. XS ties it to a bonus account, allows only one bonus account per eligible client, and does not allow transfer of the bonus between real trading accounts.

What is the key requirement to qualify for the welcome bonus?

KYC completion is required, and the bonus is applied after completing the procedure that creates the welcome account and credits the bonus.

To get XS’s welcome bonus, you register an XS account, complete KYC verification, complete the bonus receiving procedure in the client area, and then trade from the dedicated welcome account (commonly on MT5). XS credits the welcome bonus as trading credit, not as withdrawable cash, and conversion or withdrawal of profits depends on the promotion’s stated conditions. Transfers or withdrawals that violate the promotion rules can remove the bonus credit, and XS restricts the welcome bonus to one eligible claim per client under strict anti-abuse rules.

Opening an XS Trading Account for Forex

Opening a trading account with XS is a straightforward process built around two goals: creating your member profile and completing verification so you can access a live or demo Forex trading account on your preferred platform.

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What to prepare before you register

To complete your XS account setup smoothly, you need two categories of information: personal details for registration and verification materials for KYC.

You provide your personal information during the account opening flow, including your name, date of birth, nationality, country of residence, email address, and phone number. You also complete questions about your trading experience and financial profile, such as your level of expertise, understanding of financial risk, employment status, and source of funds.

For verification, XS requires one Proof of Identity document and one Proof of Residence document. XS lists identity examples such as a driver’s license, ID card, passport, or residence permit.

Register your XS profile

To open an account with XS, you start on the XS website and select Register. XS states that the registration page requires details such as name, email address, country of residence, and phone number, and then you follow the on-screen instructions to complete the account creation.

At this stage, think of your XS profile as the “control room” for your Forex setup: it’s where your identity is verified and where your access is confirmed so you can use the trading platforms.

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Confirm your email address

XS includes email verification as a defined part of the account verification flow. After you submit your registration form, you complete the email verification step so your account can progress to the questionnaire and document upload stage.

Email verification matters because XS uses email to confirm key account actions and to notify you about your verification status. XS also states that verification confirmation is sent by email once approved.

Complete the application questionnaire

After registration and email verification, XS requires you to fill out an application form (questionnaire). This is where you provide the trading and financial background details that XS requests as part of account opening, including experience and risk understanding, plus items like employment status and source of funds.

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Upload your KYC documents the way XS requires

XS defines two required document types:

• Proof of Identity (POI)
• Proof of Residence (POR)

XS specifies POI quality and content requirements. The POI must be in color, valid, clearly show your full name and date of birth, and show the expiry or issue date. All four edges of the document must be visible, and it must be issued by a governmental body or recognized institution.

For POR, XS requires a full-page document that clearly shows your full name and residential address. XS also notes that documents should show all four edges and be issued by a governmental body or recognized institution, and the documents must be issued within the last three months.

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Approval and how long verification typically takes

XS states that after you submit the required KYC documents, you await approval from their team.

XS also gives a typical verification timeframe: once you provide all required documents correctly, you should receive an email verifying your account in 2 to 5 minutes.

To confirm verification status, XS states you receive an email confirming verification, and you can also check the verification status inside your member area under the profile section.

If your verification takes longer than expected, XS advises checking that documents are high-resolution, in color, and clearly display required details, then resubmitting corrected copies if needed.

Choose the right trading account type for your Forex setup

Once your profile is properly created and verified, the next decision is the trading account type you will use for Forex and other CFD instruments.

XS states it offers multiple account types. In its help-center overview, XS lists options such as Cent, Standard, Micro, Elite, Pro, VIP, and Extra accounts (availability depends on the account category and platform access described by XS).

From a practical Forex workflow perspective, your account type choice determines how you plan to pay trading costs (spread-only or spread + commission) and what kind of position sizing you intend to use. Even if you are not final on your preferred style, it helps to start with an account type that matches your typical order size and the way you expect to trade.

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Use a demo account to practice before going live

XS confirms that it offers demo accounts with multiple account types and that demo accounts are free, funded with virtual money, while still including the core functionalities and technical indicators of a live account. XS also states you can open up to 10 new demo accounts for each account type per platform.

If your goal is Forex skill-building, a demo account is useful for testing platform mechanics: placing market orders, setting stop loss and take profit, modifying orders, managing margin, and learning how spreads behave during different liquidity conditions.

Log in to MT4 or MT5 using your XS trading credentials

After you have a trading account, the practical “activation” step is logging in through your platform.

XS provides specific login steps for both MetaTrader 4 and MetaTrader 5 on desktop, and for MT5 on web:

• Open the platform and go to File
• Select Login to trade account
• Enter your XS account credentials
• Select the correct server from the dropdown list
• Click Login

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Secure your XS account with two-factor authentication

Security is part of account opening in a real-world Forex context because your trading account is directly connected to funds and trading permissions.

XS provides steps to enable two-factor authentication (2FA) in your account profile: go to Profile, find the Two-Factor Authentication settings, choose enabling via Google Authenticator, scan the QR code, enter the code from the app, and enable it.

This is one of the simplest ways to reduce the risk of unauthorized access, especially if you trade on multiple devices.

If you forget your password

If you can’t log in, XS instructs you to use the “Forgot password?” link on the login page and then follow the instructions sent to your registered email address.

• Register from XS and complete the registration form (name, email, country of residence, phone number).
• Verify your email address.
• Complete the application questionnaire (experience, risk understanding, employment status, source of funds).
• Upload KYC: Proof of Identity + Proof of Residence, meeting XS visibility and recency rules.
• Await approval and receive verification confirmation (typically 2–5 minutes after correct submission).
• Open a demo or live trading account type that fits your Forex needs.
• Log in on MT4/MT5 using your credentials and the correct server.
• Enable 2FA in your profile for stronger account security.

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