『How to Change IB on XM Broker: Step-by-Step Guide to Switching and Earning Cashback』のカバーアート

How to Change IB on XM Broker: Step-by-Step Guide to Switching and Earning Cashback

How to Change IB on XM Broker: Step-by-Step Guide to Switching and Earning Cashback

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If you've been trading with XM and recently discovered that other traders are earning automatic cashback rebates on every trade — you're probably wondering: can I change my Introducing Broker on XM?It's one of the most searched questions among XM traders, and the answer requires a bit of explanation. Let's break it down properly.Can You Change IB on XM?The honest answer: XM does not allow direct IB transfers on existing accounts.Once your XM account is registered — whether directly through XM's website or under a specific IB partner — the IB attribution on that account is permanent. XM's policy does not permit retroactive changes to IB linkage on existing live accounts.This is actually standard practice across most regulated forex brokers. It exists to maintain the integrity of the IB partnership system and prevent disputes between partners over client attribution.So if your current XM account has no IB attached, or is linked to a different partner — that account stays as is.But here's the solution most traders don't know about.The Right Way: Open an Additional XM Account with a New IBXM allows clients to hold multiple trading accounts under a single profile. You don't need to create a new XM client profile or go through KYC verification again.By opening an additional account inside your existing XM dashboard and entering a partner code during setup, you can link that new account to a specific IB — and start earning cashback from your very first trade on that account.Step-by-step:Step 1: Log in to your XM Members Area Go to myxm.xm.com and sign in with your existing username and password.Step 2: Go to "Open Additional Account" In your XM dashboard, navigate to the Accounts section and select the option to open an additional real trading account.Step 3: Select your preferred account type Choose from Standard, Ultra Low, or XM Zero. The Standard account is recommended for maximum cashback eligibility across all instrument categories.Step 4: Enter XM Partner Code FXBACK During the account creation process, you'll see a field labeled "Partner Code" or "Referral Code." Enter: FXBACKThis links your new account to MyFxBack's VIP IB partnership with XM — active since XM's early days as Trading Point in 2013.Step 5: Fund your account and start trading Deposit funds into your new account and start trading. Cashback begins accumulating automatically from your very first trade — no manual claiming required.💡 Your existing XM account remains completely unaffected. You can continue trading on it normally while your new FXBACK-linked account earns cashback going forward.How Does XM Cashback Work?This is where it gets interesting — and where a lot of traders miss out simply because they don't know the system exists.When you open an XM account through an Introducing Broker (IB), the broker pays that IB a commission on every trade you complete. The IB then has the option to share a portion of that commission back to you as cashback.The key difference is the IB's commission level.XM operates a tiered IB structure with multiple levels — from entry-level partners up to VIP. Higher-level IBs receive higher commission rates from XM, which means they can pass more cashback back to traders.MyFxBack holds VIP IB status with XM — the highest commission tier available. And rather than keeping that commission, MyFxBack passes up to 90% of it directly back to traders — automatically, with no manual claiming needed.XM Cashback Rates via MyFxBack (Standard Account — VIP IB Level):Instrument Cashback Rate Major Forex Pairs (EUR/USD, GBP/USD, USD/JPY, etc.) $9 per lot Gold (XAUUSD) $18 per lot Silver (XAGUSD) $72 per lotFor XM traders who actively trade gold (XAUUSD), earning $18 per lot automatically on every completed trade is a meaningful reduction in effective trading cost — especially for higher-volume traders.How Does the XM Auto Rebate Work?Once your XM account is linked to partner code FXBACK, the cashback process is fully automatic:You trade on your XM account as normal — any instrument, any strategyXM calculates the IB commission on each completed tradeCashback is automatically credited directly to your XM wallet — no login to any external platform required, no manual claiming, no forms to submitFrom your XM wallet, do an internal transfer to your XM trading accountWithdraw from XM via bank transfer or crypto (USDT) whenever you're readyThe entire process runs in the background. You trade, the rebate lands in your XM wallet automatically.How to Withdraw XM CashbackOnce your cashback has been credited to your XM wallet, here's how to access it:Step 1: Log in to your XM Members Area at myxm.xm.comStep 2: Go to the Wallet sectionStep 3: Select Internal TransferStep 4: Choose your XM trading account as the destinationStep 5: Enter the amount and confirm — funds appear in your trading account instantlyStep 6: From your XM trading account, submit a withdrawal request via your preferred method:Bank...
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