Brokerage group XM announced on Tuesday that it is giving traders unlimited cashback as part of its 15th anniversary celebrations.
The promotion will run from July 15th until August 15th and will allow traders to claim back an unlimited amount of cashback in their trading accounts.
Cashback deals are like rebates that brokers give to clients. Clients recieve back a portion of their trading costs as cash, with rates varying typically between instruments and accounts.
XM traders can access the deal in Standard Micro or Micro accounts. Traders have no limit on the amount of cashback they can receive on those accounts.
New clients who register and trade before the promotion’s end date can also access the promotional deal.
XM continues to build
The new cashback promotion is one of several that XM has delivered over the last couple of months as part of the brokerage group’s 15th anniversary celebrations.
Last month the company announced that it would provide 100% deposit bonuses for traders, up to $15,000.
The Cypriot firm has also rolled out features like a new refer a friend programme and a new XM Traders Club loyalty programme.
Data that TradeInformer has found previously would suggest that XM may be the biggest broker in the world, in profit terms.
