Tournament Overview
The XM Group Weekly Demo Tournament is a recurring event designed for traders of all experience levels. Here are the highlights:
- Objective: Achieve the highest balance using a demo account.
- Schedule: The tournament runs weekly, providing consistent participation opportunities.
- Prize Pool: A generous XM Group Weekly Demo Contest Prize Pool of $10,000 distributed among the top 50 performers.
Prize Structure
The tournament features a lucrative XM Forex Demo Contest Prizes pool:
- 1st Place: $1,500
- 2nd Place: $1,000
- 3rd Place: $750
- 4th to 50th Place: Varying amounts
XM Demo Contest Registration Process
- Sign Up: Create an XM trading account if you don’t already have one.
- Register: Enroll in the demo tournament on the XM website.
- Demo Account: Receive a demo account funded with virtual money.
- Start Trading: Use the virtual funds to compete during the contest period.
Key Features of the XM Weekly Demo Tournament
- Risk-Free Environment: Trade with virtual funds, ensuring no financial risk.
- Real Prizes: Winners earn withdrawable cash prizes.
- Beginner-Friendly: Suitable for traders at all experience levels.
- Strategy Testing: Experiment with XM Demo Trading Strategies in a competitive setting.
- Accessible: Open to both new and existing XM clients.
XM Weekly Demo Competition Rules
- Accounts: All trades are conducted using the provided demo accounts.
- Duration: Typically runs from Monday to Friday.
- Rankings: Based on the demo account balance at the contest’s end.
- Position Closure: All trades automatically close at the contest’s conclusion.
- Notifications: Winners are informed via email and phone.
How to Win XM Demo Trading Contest
- Develop Strategies: Experiment with various XM Demo Trading Strategies.
- Monitor Performance: Track your ranking during the contest.
- Risk Management: Employ effective risk management to maintain your balance.
Benefits of XM Weekly Demo Tournament
- Skill Development: Improve your trading expertise in a competitive environment.
- Real Rewards: Win cash prizes without risking personal capital.
- Competitive Edge: Gain experience competing in a simulated market.
- No Entry Fee: Participate for free.
Read XM Group Review
Read How Can You Participate in the FXClearing Lucky Winter Festival with $37500 in Prizes
XM Demo Contest Withdrawal Rules
- Prizes are credited to your XM live trading account.
- Profits generated from trading with the prizes can also be withdrawn.