de | cn | ru

Brokers News

Knock Out the Competition and Win the $10,000 Prize Pool from XEMarkets

I've always approved of competitions. Testing yourself against others, checking your strengths and weaknesses... winning prizes – it's all very appealing. Especially when it comes to Forex, where the prizes are usually a healthy dose of hard, cold cash. There have been a number of very attractive contests to talk about lately, like FxPro's Myfxbook contest, ICM Capital's demo trading competition, even FBS's contest for the modest sum of $450. All very fun and educational.
 
XEMarkets, however, has decided to knock out the competition with its latest demo contest – the “Knock Out Competition” with a prize pool of $10,000. This hefty sum will be distributed among the 20 traders with the greatest balance in their accounts at the end of the contest period. The prize amounts will be as follows:
 
- $3,000 for first place
- $1,500 for second place
- $800 for third place
- $500 for fourth to eighth place
- $250 for ninth to 12th place
- $200 for 13th to 16th place
- $100 for 17th to 20th place
 
Registration for the event will begin on May 11, 2013, and the contest period will last from June 3 until June 28. In the meantime, all contest accounts will remain “read-only”. Registration is open for all new and existing XEMarkets customers and is completely free of charge. Of course, each customer can only register once and will probably need a Real XEMarkets Trading Account, since that's where all prizes will be placed once the competition is over. Award money will be 100% withdrawable as soon as it is placed in the winner's account. 
 
As for the way to win, that hardly needs explaining – open a demo account with USD as account base currency, leverage of 1:200 and an investment amount of 100,000. Then, trade as hard as you can until June 28. Hopefully, at the end of the trading day you will be among the 20 traders with the highest balance, making you one of the lucky winners. It's as simple as that!
 
As you can see, it's not rocket science or anything. This is merely a continuation of XEMarkets' long-standing practice of generous contest. The broker organized a £8,500 contest for the students of the London School of Economics earlier this year, then sent a winner (and one of his friends) to watch F1 in Malaysia. Basically, this is just one more way to put your skills to good use without threatening your personal funds – it's a win-win in any case.
 
 

About XEMarkets

 
XEMarkets is a trading name and a registered trademark of Trading Point of Financial Instruments Ltd, regulated by the Cyprus Securities and Exchange Commission (CySEC) and registered as a Cypriot Investment Firm (CIF). Trading Point of Financial Instruments Ltd operates its XEMarkets.com services for Forex, precious metals, equity indices, and energies trading in compliance with the Markets of Financial Instruments Directive (MiFID) and with full European Union authorization, including FCA (UK), BaFin (Germany), AFM (Netherlands), CNMV (Spain), FI (Sweden), and FIN (Finland).
 
 
TAGS: xemarkets  contest  competition  demo  demo contest  forex  forex competition 

More news about XM

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Belize CySec, FCA, IFSC MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Hong Kong SFC MarketSpeed FX,
Trading Station
$1 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, South Africa, UAE CySec, FSCA, FSC MT4, MT5, Web $5 Review Website
Cyprus CySEC MT4, Web $25 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website

More Forex Brokers News

Rakuten Securities offers HK$700 prepaid cards as a welcome gift

Jan 18 2019 10:26:57

  Hong Kong forex broker Rakuten Securities offers up to HK$700 Spending Limit Prepaid Card as a welcome gift to new account registrants. Here are all the details you need to know about the company’s promotional offer, which is valid from now until the end of March 2019. Read more

XM applies for a forex dealer license in the US

Jan 11 2019 13:39:14

  The US subsidiary of major forex brokerage XM has applied for a membership with the National Futures Association (NFA). This became clear from a filing by the broker’s US entity Trading.com Markets Inc. (previously Trading Point US Inc.) with the NFA dated January 3, 2019. Read more

HotForex acquired DFSA license, commences operations in the UAE

Jan 08 2019 10:45:37

  HotForex is now licensed by the Dubai Financial Services Authority (DFSA) and announced it commences operations in the United Arab Emirates (UAE). The Dubai arm of the HF Markets Group, HF Markets (DIFC) Ltd., acquired the DFSA license in December last year. Read more

CySEC warns Efexa1000 is not licensed

Oct 22 2018 12:55:06

  The Cyprus Securities and Exchange Commission (‘CySEC’) officially warned investors that Efexa1000 is not authorized to provide investment services in the country. Read more

IG Group gets licensed in the USA

Oct 16 2018 13:48:15

  Major forex broker IG Group (IG) got a green light from the National Futures Association (NFA) to operate on the US retail forex market. The US arm of IG Group, IG US LLC, has just been approved as a NFA member and is officially registered as a Retail Foreign Exchange Dealer (RFED). Read more

ASIC adds HBC broker to its warning list

Oct 09 2018 11:14:03

  The Australian Securities and Investment Commission (ASIC) has updated its list of “businesses to be wary of” with HBC Broker – an unregulated company that is trying to confound its potential clients by giving out some correct details of leading forex and CFD ... Read more

FBS wins ‘Best Copy Trading Application Global-2018’ award

Oct 05 2018 16:22:13

The prestigious “Best Copy Trade Application 2018 Global” award went to FSB  for their innovative CopyTrade platform. Read more

Capital Index renounced its CySEC license

Oct 03 2018 13:24:56

  It seems that global online brokerage Capital Index is the next to voluntarily renounce its Cypriot Investment Firm (CIF) license. Read more

FBS celebrates its 9 millionth trader

Sep 19 2018 17:17:28

After celebrating their 7 millionth million trader in March 2018, now just 6 months latter, FBS reached yet another milestone – their lucky 9 millionth trader is Jean Sales De Souza from Rio de Janeiro, Brazil. Read more

XTB fined $2.7 million by Poland’s financial regulator

Sep 19 2018 11:31:55

  The Polish Financial Supervision Authority (KNF) punished X-Trade Brokers (XTB) with a PLN 9.9 million ($2.7 million) fine for asymmetric price slippage on Tuesday. Read more

de | cn | ru