The XM Group Weekly Demo Contests offers traders an opportunity to test their skills in a risk-free environment using virtual funds, with the chance to win real cash prizes.
🎯 Overview
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Contest Name: Weekly Demo Tournament
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Organizer: XM Group
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Entry Fee: None
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Trading Platform: MetaTrader 5 (MT5)
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Virtual Starting Balance: $1,000
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Leverage: 1:100
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Stop-Out Level: 20%
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Duration: 7 days (weekly)
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Number of Winners: 100 per week
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Total Weekly Prize Pool: $25,000
🏆 Prize Distribution
| Rank | Prize Amount |
|---|---|
| 1st Place | $2,000 |
| 2nd Place | $1,500 |
| 3rd Place | $1,250 |
| 4th Place | $1,000 |
| 5th Place | $750 |
| 6th–10th Place | $450 each |
| 11th–20th Place | $375 each |
| 21st–40th Place | $250 each |
| 41st–70th Place | $150 each |
| 71st–100th Place | $100 each |
All prizes are credited as withdrawable cash to the winners’ real XM trading accounts.
📝 How to Participate
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Register and Verify: Sign up for an XM account and complete the KYC verification process.
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Join the Competition: Log in to the XM Members Area, navigate to the “Competitions” section, and select the “Demo” tab to join the Weekly Demo Tournament.
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Trade: Upon joining, a new MT5 demo account with a $1,000 virtual balance will be created for you. Use this account to trade during the competition period.
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Monitor Performance: Track your ranking through the competition leaderboard.
Note: Each participant can only join one demo competition at a time.
📜 Terms and Conditions
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Eligibility: Open to traders aged 18 and above with a verified XM account.
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Trading Rules:
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Only one demo account per participant per competition.
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The demo account is preloaded with $1,000 virtual funds; no top-ups or resets are allowed.
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Leverage is fixed at 1:100.
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Stop-out level is set at 20%.
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All trading instruments available on the MT5 platform can be used.
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Expert Advisors (EAs) are permitted, provided they comply with competition rules.
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Disqualification: Participants may be disqualified for violating rules, including but not limited to multiple account usage, unethical trading practices, or failure to maintain required equity levels.
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Prize Distribution: Winners will be notified within two working days after the competition ends, and prizes will be credited to their real XM trading accounts.
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Public Disclosure: By participating, traders consent to the publication of their trading activity and history.
💳 Payment Methods
While the demo competition itself does not require any payment, to withdraw any prizes won, participants must have a real XM trading account. XM supports various deposit and withdrawal methods, including:
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Bank Wire Transfers
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Credit/Debit Cards (Visa, MasterCard)
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E-Wallets (e.g., Skrill, Neteller)
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Local Payment Methods (availability varies by region)
Note: Availability of payment methods may vary based on your country of residence.
📌 Additional Information
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Performance Evaluation: Participants’ performance is assessed based on a specific formula considering equity and trading activity.
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Leaderboard Updates: Rankings are updated regularly, allowing participants to monitor their standings throughout the competition.
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Historical Data: Past competition results and participant performances are accessible for review.
🔗 Join Now
Ready to test your trading skills and compete for real cash prizes without any financial risk? Join the XM Weekly Demo Tournament today!
Please ensure you read and understand all terms and conditions before participating. Trading involves risks, and it’s essential to trade responsibly.
