06.12.2024
Mikhail Vnuchkov
Author at Traders Union
06.12.2024

XM to award $100,000 in cash prizes in December Mega Competition

XM to award $100,000 in cash prizes in December Mega Competition The event dates are December 19 through January 2

XM, a forex and CFD broker, has announced its final Mega Competition of the year, offering a total of $100,000 in cash prizes. The competition, running throughout December, gives participants the opportunity to showcase their trading skills and win by securing a place in the top 100 rankings.

The event is designed to encourage both experienced and novice traders to test their strategies and refine their techniques in a competitive environment. 

Beyond skill-based awards, XM has added a Lucky Draw element to the contest, where 100 participants will each win $100 from a prize pool of $10,000, adding an extra layer of excitement.

Interactive and transparent trading platform

Hosted on XM’s user-friendly platform, the competition allows participants to track their performance in real time via live rankings. This interactive feature not only enhances the user experience but also fosters a sense of community among traders as they monitor progress and adapt strategies.

The event dates are December 19 through January 2, 2024.

To join the contest, you need to:

Register a standard XM account.

● Make a $100 deposit.

● Participants must make at least 10 standard forex, gold or silver lots to be eligible for the prize draw.

The top 100 traders and 100 winners of the draw will receive $100,000 in cash.

The Mega Competition underscores XM’s commitment to creating engaging opportunities for traders. By integrating live rankings and performance tracking, the event promotes transparency and provides participants with valuable insights into their trading methods.

Opportunities for traders

As XM concludes the year with this high-stakes event, it cements its reputation for fostering an innovative and inclusive trading environment. The competition’s dual structure—rewarding both performance and participation—ensures that traders of all levels have a chance to win.

For traders looking to enhance their skills and potentially walk away with a significant cash prize, December’s Mega Competition presents a unique opportunity to engage with one of the industry's most dynamic platforms.

Also recall, XM Group offers $30 no-deposit bonus for new clients

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