XM is hosting a weekly demo trading competition where participants trade with virtual funds and compete based on demo account growth. The published information lists a total prize pool of $25,000, with cash prizes allocated to the top 100 participants.
The competition uses MetaTrader 5 and provides participants with $1,000 in virtual funds. The activity is conducted on demo accounts, so participants do not use their personal trading capital during the competition.
Competition Overview
Broker: XM
Competition: Weekly Demo Trading Competition
Published Prize Pool: $25,000
Trading Platform: MetaTrader 5
Initial Demo Balance: $1,000 virtual funds
Competition Period: September 23 to September 30, 2026
Entry: Free for eligible new traders and $25 for existing XM traders
Re-entry Fee: $5 per additional entry
Maximum Re-entries: 5
Prize Type: Cash
Demo Trading Structure
Participants receive a demo trading account with $1,000 in virtual funds. Trading takes place through MetaTrader 5 during the competition period.
The ranking is based on the growth achieved by each demo account. The participants with the highest eligible account growth receive positions on the leaderboard.
Since the competition uses virtual funds, the trading activity itself does not require participants to risk their own trading capital.
Participation Requirements
The published information states that new eligible traders can participate without paying the standard entry fee.
Existing XM traders are required to pay a $25 entry fee. Additional re-entries are listed at $5 each, with a maximum of five additional entries.
Participants also need to complete the required account verification process before joining the competition.
Registration Process
Participants first need an XM real trading account and must complete the required identity and address verification.
After verification, the competition can be accessed through the relevant competition section of the XM platform.
Once registration is completed successfully, participants receive the login details for their demo trading account.
The demo account starts with $1,000 in virtual funds when the competition begins.
Prize Distribution
The published prize table lists cash rewards for the top 100 participants.
1st Place: $2,000
2nd Place: $1,500
3rd Place: $1,250
4th to 10th Place: $450 each
11th to 40th Place: $250 each
41st to 70th Place: $150 each
71st to 100th Place: $100 each
The published article describes the overall prize pool as $25,000. However, the amounts shown in the prize table add up to $22,900. This difference should be checked against the official competition terms before publication or participation.
Reward Distribution
The top 100 traders with the highest eligible demo account growth receive the listed cash rewards.
According to the published information, rewards are credited to the winners’ XM trading wallets within 48 hours after the competition ends.
The listed prizes are described as cash rewards that can be withdrawn after being credited, subject to the applicable terms and conditions.
Important Competition Conditions
The competition is based on demo trading, meaning the trading account uses virtual funds rather than the participant’s personal capital.
Free participation is stated to be available only to eligible new traders. Existing XM traders are required to pay the listed $25 entry fee.
Additional entries cost $5 each, with a maximum of five re-entries.
Each trader is generally limited to one participation in the weekly competition unless an approved re-entry is used.
Rankings are determined by demo account growth during the competition period.
Competition Dates
The competition overview in the published information lists September 23 to September 30, 2026 as the competition period.
The source page also contains another date range in its introductory section. Because the dates shown in the article are inconsistent, the official XM competition terms should be checked for the final schedule before relying on the dates.
Broker Information
The published information states that XM Global Limited is regulated by the Financial Services Commission under the Securities Industry Act 2021 and lists license number 000261/27.
Regulatory arrangements can differ according to the entity and jurisdiction under which an account is opened. Traders should review the applicable legal entity and account terms associated with their registration.
Risk Considerations
Although the competition uses demo funds, forex and CFD trading involves significant financial risk when conducted with real money. Demo competition results do not guarantee similar results in a live trading account.
Competition rules, dates, eligibility requirements, fees, prize amounts, and reward conditions can change. The official competition terms should be checked for the latest information before participation.
