XM Partner Code ELITE10 – Official Rebate Program Explained

XM Partner Code ELITE10 is an official rebate program that offers daily trading cashback up to $60 per lot, calculated based on trading volume by Monarchforex

xm partner code elite10

12/23/20253 min read

XM Partner Code ELITE10 Official XM Global Rebate Program
XM Partner Code ELITE10 Official XM Global Rebate Program

XM Partner Code ELITE10 – Official xm global Rebate Program Explained

XM Partner Code ELITE10 offers volume-based daily trading rebates without changing trading conditions

XM Partner Code ELITE10 is an official partner code used during XM account registration to connect traders to a volume-based rebate program. Rebates are calculated per lot traded and credited daily without changing spreads, leverage, or execution conditions, and they apply regardless of whether trades end in profit or loss.

What Is XM Partner Code ELITE10?

XM Partner Code ELITE10 is a referral/partner code that links a trading account to XM’s official rebate scheme. The program is designed to help traders reduce effective trading costs through cashback based on trading volume, not trading performance.

Rebates are provided as a partial return of trading costs (spread or commission) and do not affect how the trading account operates.

How Does the XM Rebate Program Work?

Rebates from XM Partner Code ELITE10 are calculated based on the total number of lots traded on eligible instruments, such as:

  • Forex

  • Gold (XAUUSD)

  • Cryptocurrency

  • US EU JP Indices

  • US stocks

Key points of the XM rebate program:

  • Rebates are volume-based, not profit-based

  • Rebate rates vary by instrument and account type

  • Cashback can reach up to $60 per lot

  • Rebates are credited daily, usually the next day

  • Funds are automatically added to XM My Wallet

Rebate Calculation Examples

Example 1: $1,000 Capital – Gold (XAUUSD) Trading

A trader has $1,000 in capital and trades XAUUSD with a total volume of 3 lots in one day.
If the rebate structure for XAUUSD is $5 per lot, then:

3 lots × $5 = $15 daily rebate

This rebate is still credited even if the trades result in a loss, because the calculation is strictly based on volume.

Example 2: $10,000 Capital – Active Trading

A trader with $10,000 in capital trades an average of 10 lots per day.
If the average rebate is $5 per lot:

Daily rebate: 10 × $5 = $50

Over 5 trading days (one week): $250 in rebates

Over time, rebates like this can significantly reduce overall trading costs.

Does Rebate Apply to Losing Trades?

Yes. Rebates are credited even if trades end in a loss.

This is because:

  • Rebates are not based on profit

  • They are not linked to win rate

  • They do not depend on trading strategy

As long as trading volume is recorded, the rebate is applied.

Is XM Partner Code ELITE10 Legit?

XM Partner Code ELITE10 is an official partner code that operates under XM’s rebate system and terms. The rebate program is transparent, automated, and does not alter trading account parameters.

Important notes:

  • Rebates are not a profit guarantee

  • Trading involves risk

  • Trading results depend entirely on the trader’s strategy and risk management

Why Traders Use Rebate Programs

Many traders use rebate programs as part of a cost-efficiency strategy to reduce overall trading costs without changing their trading conditions.

Rebate programs are commonly used because they:

  • Are suitable for scalpers and day traders

  • Help reduce long-term trading costs

  • Do not affect order execution

  • Work across different market conditions

FAQ – XM Partner Code ELITE10

Does XM Partner Code ELITE10 affect spreads or leverage?

No. Spreads, leverage, and execution follow XM’s standard trading conditions.

What is the maximum rebate available?

Rebates can reach up to $60 per lot, depending on the instrument and account structure.

When are rebates credited?

Rebates are usually credited daily, on the following trading day.

Do all instruments qualify for rebates?

Yes, almost all instruments are qualify for rebates

Can rebates be withdrawn?

Rebates are credited to XM My Wallet and can be transferred to a trading account according to XM’s withdrawal rules

Are there any limitation to earn rebates?

No, rebates are calculated based on trading volume regardless of account size, as long as the trading activity meets XM’s rebate conditions