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Forex Demo Contests help traders test strategies

Join the XM Weekly Demo Trading Competition

Join the XM Weekly Demo Trading Competition FOREX DEMO CONTESTS HELP TRADERS TEST STRATEGIESJoin the XM Weekly DemoTrading CompetitionMARKETS.COM

Join the XM Weekly Demo Trading Competition to practice trading, test strategies, and see how you rank on the weekly demo leaderboard.

In this guide4 sections · 2 min read
  1. Why Join
  2. How to Participate
  3. Prize Payouts and Rules
  4. Important Notes

XM, a regulated global broker, runs a Weekly Demo Trading Competition with a $25,000 prize pool. You trade on a demo account, so there’s no real-money risk, but the prizes are real cash you can withdraw.

Note: You can join anytime before the contest ends.

Why Join

  • 100 winners every week
  • No deposit required, 100% risk-free
  • Prizes paid quickly
  • Free entry
  • Trusted, regulated broker

How to Participate

Register through our XM banner to access exclusive bonuses and get contest access right away.

  1. Click the XM banner on this page to sign up and unlock bonuses and contest eligibility.
    When you register via the XM banner on our site, you also qualify for exclusive trading bonuses and can get faster support help.
  2. Verify your identity and address
    Complete the standard ID and address checks for account security.
  3. Join the competition
    After verification, go to the Competition section and sign up for the upcoming Weekly Demo Trading Competition.
    Once you’re registered, XM will email your demo account login details.
    When the contest starts, log in to MetaTrader 5 and trade with $1,000 in virtual funds.

During the competition, everyone trades on demo accounts. Your goal is to place in the top 100 based on account growth, and win a share of the cash prize pool.

Prize Payouts and Rules

When the contest ends, the top 100 demo accounts with the highest growth split the $25,000 pool.

Prize breakdown

  • 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

Winners usually receive prizes within 48 hours, paid directly into their trading wallets.

Cash rewards are withdrawable after the competition ends.

Important Notes

XM Global Limited is regulated by the Financial Services Commission (FSC) under the Securities Industry Act 2021 (License Number: 000261/27).

This $25,000 Weekly Demo Trading Competition runs every week with a fresh prize pool.

  • Each XM trader can enter once per week
  • Prizes are paid in cash, credited to winners’ trading wallets within 48 hours

If you want a no-risk way to practice trading while competing for real rewards, this weekly demo contest is a solid option. A new competition starts every week, the prize pool stays at $25,000, and there’s no deposit needed.

Risk warning: Trading forex and CFDs carries a high level of risk and may not be suitable for all investors. Bonus offers are subject to each broker's terms and conditions.

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