Broker Details
XM Demo Contest Details:
XM offers a $10,000 prize pool for its demo contest. This contest is open for all XM new and existing clients. This is a weekly competition and it is subject to availability.
How do you join the XM demo competition?
- Register an XM account.
- Log in and find the “Competitions” on the account’s sidebar.
- Look for Demo at the top bar.
- Choose the available Weekly Tournament from your screen.
- The only requirement is that you need to get your KYC status verified. It is easily done by uploading your identity and residential proof.
Prizes
After 1 week of fierce competition, the winners will get their share of the prize according to the equity gain. The demo account provided has a balance of $1000, a leverage of 1:100, and a Stop out of 20% from the Max Equity. It is also subject to change.
The breakdown of the prizes is as follows:
1st prize: $1500
2nd prize: $1000
3rd prize: $750
4th prize: $500
5th – 12th prize: $300
13rd – 20th prize: $200
21st – 35th prize: $100
36th – 50th prize: $50
All the best to all the participants. This is an excellent way to test your skills and win prizes to kick-start your trading.
