de | cn | ru
Forex

Brokers News

XM Revolutionizes Forex World with $500,000 Contest Arena

XM, the leading Forex broker, has recently launched its own Contest Arena, a set of various Forex competitions with a prize pool of whooping $500,000. The endeavor is actually revolutionary – in a one-of-a-kind series of 1,000 competitions to be held in just 10 days, clients of the broker with real MT4 accounts can test their trading capabilities.
 
You must be curious about the terms of the competitions: here is the best part – traders determine the terms. That's right, as you get to decide about:
 
- the duration of the contest (from fifteen minutes to several days);
- the ticket, i.e., whether the contest participation is free or paid;
- regarding the latter, you decide how expensive ticket you can afford;
- the trading instruments;
- use of expert advisors;
- the type of the competition; it can be a duel (a trader vs another trader) or a race (for the most aggressive traders) or some of the other kinds on the list.
 
As you can see, the choice is entirely in your own hands – in this respect, the Contest Arena differs markedly from the arenas where gladiators fought in ancient times. They did not have the right to choose, nor were they rewarded with anything else but their lives (that was also up to the crowd). The fierceness of the battles, however, is the same, as the zeal to win remains.
 
If you'd like to participate you should complete three simple steps. First you need to open a real Metatrader 4 account with the broker – existing owners of such accounts may skip this step. Once you have your our Login and Password for the XM Members Area, you can pick a Contests Nickname. The next step is to log in to the Contests Arena. 
 
Then it's up to you to select the contests according to your preferences. Do the best shopping, fellow traders, as this can bring you some actual cash. That's right – the prizes can be easily withdrawn from your trading accounts.
 
If you're displeased with our overview of the contest, you may explore the guide by XM here.
 

About XM.com

 
XM.COM is a registered brand name of Trading Point of Financial Instruments Ltd, a European regulated financial institution licensed by CySEC. Trading Point of Financial Instruments Ltd operates online services for trading on forex, precious metals, equity indices, and energies in compliance with the Markets in Financial Instruments Directive (MiFID). Trading Point is EEA authorized and registered with the FCA UK (previously FSA UK), BaFin (Germany), AFM (Netherlands), CNMV (Spain), FI (Sweden), and FIN (Finland).
TAGS: xm  xm forex broker  xm forex contests  xm contest arena  cash prizes  $500000  prize pool $500 thousand  forex competitions  mt4 accounts 

More news about XM

Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySec MT4, Web, Gwasy $100 Review Website
Belize IFSC MT4, MT5, Web $1 Review Website
Cyprus CySEC in-house mobile
app
$50 Review Website
Seychelles FinaCom MT4 $10 Review Website

More Forex Brokers News

FxPro hikes margin requirements ahead of Japanese elections

Oct 18 2017 08:25:06

 FxPro, a well-established European forex and CFD broker, announced it is temporarily hiking the margin requirements on some instruments ahead of the Japanese general elections on October 22. The outcome of the vote may affect the financial markets and the available liquidity. Read more

Alpari terminates offering of CryptA Capital cryptocurrency portfolio

Oct 18 2017 07:28:58

 Alpari, one of the larger international forex and binary options brokers, mostly active in Russia, announced it terminates the offering of the CryptA Capital cryptocurrency investment portfolio. Read more

FxOpen expands platform offering with MetaTrader 5

Oct 17 2017 09:09:15

 FXOpen, an ASIC and FCA-regulated forex and CFD broker announced it is adding the increasingly popular trading platform MetaTrader 5 to its offering. It provides access to ECN trading and interbank liquidity. Read more

Forex

Grand Capital launches Serenity Financial - blockchain-based arbitration forex platform

Oct 16 2017 07:40:20

 Forex, CFD and binary options broker Grand Capital  announced it has launched Serenity Financial – a blockchain-based secure forex marketplace for traders and brokers. Read more

Saxo Bank adds Ethereum tracker ETNs

Oct 12 2017 15:27:58

Saxo Bank, a major Danish financial services provider and forex broker, announced it is adding Ethereum Exchange Traded Notes (ETNs) to its asset list.   The new instruments are in addition to the Bitcoin tracker ETNs earlier and are all listed on Nasdaq OMX Stockholm. Read more

CySEC withdraws suspension of OptionRally's license

Oct 12 2017 12:13:20

 The Cyprus Securities and Exchange Commission (CySEC) has announced its October 2 board decision to withdraw the suspension of the license of the binary option broker OptionRally. Read more

FxPro gets Dubai license, to open office there – media

Oct 11 2017 10:25:02

FxPro, a well-established European forex and CFD broker, has obtained a license from the Dubai Financial Services Authority (DFSA) and will open an office in Dubai shortly, reports LeapRate. Read more

CMC Markets opens office in Shanghai – media

Oct 11 2017 08:46:29

CMC Markets, a major global forex and CFD broker, has opened an office in Shanghai, reports the site Finance Magnates. The broker already has an office in the capital Beijing, supported by the team in Australia.   The new office will help CMC Market expand and strengthen its presence in China. Read more

Harborx to showcase its in-house trading app at FinovateAsia 2017

Oct 10 2017 12:03:25

CySEC-regulated forex broker Harborx is among the selected presenters at FinovateAsia 2017, one of Asia’s premier fintech events to be held on November, 7-8 in Hong Kong. Read more

Tickmill jumps the Bitcoin bandwagon

Oct 10 2017 10:25:33

Hardly a day goes by, without a forex broker joining the Bitcoin mania and starting to instruments involving digital currencies. Today’s news is about the global NDD brokerage Tickmill, which announced it is adding the most popular cryptocurrency, Bitcoin, to its trading instrument list. Read more

Forex
de | cn | ru