Broker Details
XM Live Contest Details:
XM offers a $100,000 prize pool for its live 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 real competition?
- You need to have an XM live account first. It can be either a standard account or an ultra-low account depending on the requirements of the competition.
- Get your account KYC verified. This can be done by uploading your identification and residential documents.
- Log into your XM account and you will find the “Competition” on the sidebar. Click on it.
- You will find a list of contests in progress. Choose the one available.
- From the image above, the requirement of entering this contest is that you need to have at least $100 in your Standard account. Once you fulfill the requirements, you are eligible to join the contest.
How about the prizes?
One of the best parts of the competition is to win prizes. XM offers a whopping $100,000 prize pool in this example of competition. It is subject to change. Sometimes the prizes can be even higher than this.
Breakdown of the prizes:
1st Prize: $15000
2nd Prize: $7500
3rd Prize: $5000
4th – 8th Prize: $2500
9th – 10th Prize: $2000
11th – 15th Prize: $1750
16th – 20th Prize: $1500
21st – 28th Prize: $1000
29th – 35th Prize: $750
36th – 45th Prize: $500
46th – 55th Prize: $400
56th – 65th Prize: $300
66th – 75th Prize: $200
76th – 100th Prize: $100
101st – 200th Prize: 100 winners by lucky draw of $100 each.
That is a total of 200 winners. It is an excellent deal if you’re looking to sharpen your trading skills and win prizes simultaneously.
All the best, traders!
