May 2025 – Global online broker XM has launched its Daily Paid Demo Trading Competitions, offering aspiring traders a unique opportunity to sharpen their trading skills with virtual funds while competing for real, withdrawable cash prizes. With a low entry barrier and daily events, the new promotion is designed to help traders transition from demo to live trading with confidence.
This innovative competition allows participants to trade risk-free on a simulated account while vying for a share of a dynamically generated prize pool. A nominal entry fee unlocks access to a live leaderboard, competitive rewards, and the chance to earn real money without risking personal capital in the markets.
Key Features of the XM Paid Demo Trading Competition:
- Daily Trading Events: Competitions run daily from 23:00 to 23:00 (GMT+3)
- Entry Fee: $5 per competition
- Account Type: Standard with $1,000 virtual starting equity
- Leverage: 100:1
- Max Participants: 300 per competition
- Dynamic Prize Pool: Based on participant entry; payouts awarded to top 10 traders
Prize Distribution:
- 1st Place: 30% of prize pool
- 2nd Place: 20%
- 3rd Place: 15%
- 4th–10th Place: 5% each
Additional Details:
- Show Positions Fee: Optional $1 for real-time rankings visibility
- KYC Verification: Required to claim winnings
- Entry Fee Threshold: Prize pool is activated once 75% of participant slots are filled
This promotion is ideal for individuals who want to experience competitive trading conditions without financial risk. Traders of all levels can test strategies, learn market dynamics, and potentially win real money—all in a simulated environment.
About XM
XM is a multi-regulated, globally recognized online broker offering trading in forex, stocks, commodities, indices, and cryptocurrencies. With a commitment to transparency and education, XM supports both novice and seasoned traders through advanced platforms, expert insights, and accessible promotions.