XM $10k Demo Seven-Day Showdown Trading Competition
XM trading broker is introducing the Demo Seven-Day Showdown, a demo trading competition scheduled from 1 – 8 Oct 2024, with a prize pool of $10k. During this competition, traders will compete to grow their demo accounts, aiming to achieve a rank within the top 25 highest-ranking accounts to receive rewards.
How to Participate:
1. Complete Registration: Begin by registering on the official XM website. Use the Introduce Broker XM link to open a new account and receive additional benefit rewards and bonuses.
2. Verify Identity and Address: Ensure compliance with security standards by completing the account identity and address verification process.
3. Register for XM Demo Trading Competition: Once verified, navigate to the Competition section and register for the Demo Seven-Day Showdown Trading Competition.
4. Login and Trade: Upon successful registration, traders will receive demo trading account login details via email. Log in to MetaTrader 5 to find your trading account automatically credited with $1000. Start trading as the competition begins.
Reward Distribution and Conditions
After the competition ends, the top 25 demo trading accounts with the highest growth will receive rewards from the $10,000 prize pool.
The reward amount depends on the trader’s rank in the competition.
For example, the first-ranked trader will receive $2500, the second-ranked trader $1500, and the third-ranked trader $1000 in cash rewards
Considerations:
Expert Advisors (EAs) are allowed, provided they comply with the general rules and do not lead to disqualification.
Each XM trader can participate in a Demo competition only once per week.
Competition prizes are awarded in cash, and winners will receive rewards credited to their trading wallets within 48 hours.
The XM $10k Demo Seven-Day Showdown Trading Competition offers traders an exciting opportunity to test their skills in a risk-free environment and compete for substantial rewards. Ensure compliance with the competition rules and strive to achieve a top-ranking position to secure your share of the prize pool.