TL;DR — Linking your XM account to Expaid earns a cashback rebate of up to $5.50 per forex lot and $11 per gold (XAUUSD) lot, paid daily, win or lose. With a $5 minimum deposit and CySEC + ASIC regulation, XM is a popular first broker for traders who want cashback without a big starting balance.
What is XM cashback?
XM cashback is a rebate — part of the broker's commission returned to you on every lot you trade. Through Expaid's introducing-broker (IB) link, most of that commission comes back to you as a fixed per-lot amount, credited daily. You earn it whether a trade is a winner or a loser, so it steadily lowers your effective trading cost over time.
How much XM rebate can you earn?
| Instrument | Account | Rebate per lot |
|---|---|---|
| Forex | Standard | $3.50 – $5.50 |
| Gold (XAUUSD) | Standard | $5.00 – $11.00 |
Rates vary by account type and volume. XM's headline forex rate is a little lower than IUX or Exness, but its very low $5 entry and strong regulation make it an easy place to start.
A worked example
Trade 30 forex lots and 5 gold lots in a month and, at the top rates, you earn (30 × $5.50) + (5 × $11) = $220 of cashback — paid daily on top of your results. Scale that across a year of active trading and it adds up. Run your own numbers here.
Existing account or new account?
XM supports linking an existing account under Expaid, so you keep everything as-is and simply start earning. If you are new, open an XM account through Expaid's link so cashback tracking is attached from day one. See the XM cashback page for the exact steps.
How you get paid — and is XM safe?
Cashback is paid daily into your XM trading account; withdraw it or use it as margin like any other funds. XM is regulated by CySEC and ASIC, and Expaid never touches your money — it stays with the broker. Joining Expaid is free and changes nothing about your spreads or execution.
In our view — XM suits beginners and smaller accounts: a $5 minimum, trusted regulation, and a solid gold rebate. If maximising the per-lot rate is your priority, compare it with IUX and Exness first.
Is XM cashback worth it?
For existing XM traders it is a free upgrade — you're already generating the commission, so you may as well earn the rebate. Choosing between brokers? Read our cashback broker comparison or browse the rate board, then create your Expaid account.