XM Demo Contest

Broker Details

Broker Name
XM

Penguin Meter

Contest Description
Weekly Demo Tournament

Expiry Date
On Going

XM Demo Contest Details:

How to Participate in XM’s Weekly Demo Contest and Win Cash Prizes

XM offers an exciting Weekly Demo Tournament where traders of all levels can compete and win a share of $25,000in cash prizes. Here’s how you can participate and the full breakdown of the prizes available.

Steps to Participate:

1. Sign Up and Verify Your Account: Create an XM account and complete the KYC verification process.
2. Join the Competition: After verification, sign up for the Weekly Demo Tournament.
3. Compete Risk-Free: Trade with a virtual balance of $1,000—no real money at risk.
4. Trade Your Way to the Top: Use your trading skills to climb the leaderboard and secure your prize.

Prize Breakdown:

The Weekly Demo Tournament offers cash prizes for 100 winners. Here’s how the prizes are distributed:

• 1st Place: $2,000
• 2nd Place: $1,500
• 3rd Place: $1,250
• 4th Place: $1,000
• 5th Place: $750
• 6th – 10th Place: $450
• 11th – 20th Place: $375
• 21st – 40th Place: $250
• 41st – 70th Place: $150
• 71st – 100th Place: $100

All prizes are cash and will be deposited into your wallet once the competition ends. A verified real account is required to withdraw your prize.

Key Features:

• No Entry Fee: It’s completely free to join the competition.
• Risk-Free: You’ll compete using virtual funds—there’s no real financial risk involved.
• Withdrawable Cash Prizes: All prizes are cash and can be withdrawn after the competition.
• Eligibility: You need to have a KYC-verified account to participate.

Important Rules:

• One Competition at a Time: You can only enter one demo competition at a time.
• Demo Account Setup: A new demo account with a $1,000 balance is created for you. The funds cannot be topped up, reset, or withdrawn, and the account will be archived once the competition ends.
• Stop Out Level: If your equity falls below a specific level, you’ll be excluded from the competition.
• Expert Advisors Allowed: Expert Advisors can be used as long as they comply with the competition rules.

Final Thoughts:

XM’s Weekly Demo Tournament is an exciting, risk-free opportunity to sharpen your trading skills and win cash prizes. Don’t miss your chance to compete and take home a share of the prize pool!