25.09.2024
Mirjan Hipolito
Cryptocurrency and stock expert
25.09.2024

XM has announced a Mega Competition with a prize pool of $100,000

XM has announced a Mega Competition with a prize pool of $100,000 XM has announced a Mega Competition with a prize pool of $100,000

Global broker XM has announced the launch of the Mega Competition for traders, running from September 26 to October 3, giving participants a chance to showcase their skills and compete for cash prizes.

Unlike previous XM real competitions, the Mega Competition offers two distinct paths to victory. The first rewards the top 100 traders based on their performance throughout the competition, with these traders receiving a share of the $100,000 prize pool. The second path includes a Lucky Draw for participants who qualify but don’t make it to the top 100. In this draw, 100 lucky winners will each receive $100, adding an element of chance to the competition.

To participate in the Mega Competition, entrants must have a verified standard account with XM and maintain a minimum equity of $100. Once registered, traders can continue their regular trading activities, with their results automatically counted in the competition. The competition is hosted on XM’s intuitive trading platform, allowing participants to track their rankings, refine their strategies, and enhance their trading skills throughout the event.

The competition is available only to traders in certain regions, and participants can join at any time before or during the contest. Traders wishing to participate must open a standard account with XM and sign up for the event.

XM competitions are known for providing traders with a fun and educational environment to test their skills and learn from others. This new Mega Competition is no exception and caters to both experienced traders and beginners. By offering prize opportunities based on both skill and luck, XM ensures that all participants have an equal chance to win.

XM, a globally renowned trading firm with over 10 million clients in 190 countries, provides retail traders with access to more than 1,000 instruments across multiple platforms. Known for its low-cost accounts, top-tier support, and educational resources, XM has earned numerous awards since 2009.

Read also: Interactive Brokers introduces the new Shortable Search tool

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