Contest name: The 1 Million Dollar Forex World Championship
How to join:
1. Open a live account.
2. Register a nickname in the Members Area.
3. Login to the XM Contest Arena.
4. Select and register for the contest.
5. Start trading to win the competition.
Prizes:
♦ 1. $11 500
♦ 2. $7 250
♦ 3. $5 500
♦ 4. $4 300
♦ 5. $3 200
6. $2 200
7. $1 500
8. $1 000
9. $800
10-12. $460
13-15. $360
16-18. $250
19-27. $190
28-36. $170
37-45. $150
46-54. $130
55-63. $120
64-72. $110
73-81. $100
82-90. $90
♦ 1-10. Participation in the Final Live event with all expenses paid for
(Final Round is a live event and will be held in Thailand)
1. $150 000
2. $100 000
3. $75 000
4. $40 000
5. $35 000
6. $30 000
7. $25 000
8. $20 000
9. $15 000
10. $10 000
Goal: Achieve the largest profit.
Description:
Forex World Championship is a contest promotion in which all XM customers can participate completely free. Forex World Championship consists of 12 rounds (10 Qualifying Rounds, 1 Semi-Final Round and 1 Final Round) and the total prize pool is one million US dollars. Each qualifying round takes about a month, and the number of participants is limited to 50 000. The first five winners of each Qualifying Round will progress to the Semi-Final Round, and will not be able to participate in other Qualifying Rounds. The Semi-Final Round winners get tickets to the Final Round and win cover all expenses of travel to Thailand. The Final Round will be a live contest event that will take place in Thailand. All prizes from the contests are withdrawable. There is 1:30 leverage for major currency pairs and 1:15 leverage for minor currency pairs and commodities. Automated trading is prohibited.
Information about broker:
XM is a popular Forex broker regulated by the Cyprus Securities and Exchange Commission (CySEC). Broker provides a high safety standards and has negative balance protection. Large selection of attractive promotions is one of main advantage of the broker. XM offers 30$ No Deposit Bonus, up to 50% Deposit Bonus, Loyalty Program and more. The minimal deposit is 5 USD and the maximum leverage is 1:888.
Contest schedule:
| Round | Registration Starts | Registration Ends | Contest Starts | Contest Ends |
|---|---|---|---|---|
| Round 1 | 24.05.2016 | 08.06.2016 | 01.06.2016 | 06.07.2016 |
| Round 2 | 08.06.2016 | 13.07.2016 | 06.07.2016 | 03.08.2016 |
| Round 3 | 13.07.2016 | 10.08.2016 | 03.08.2016 | 07.09.2016 |
| Round 4 | 10.08.2016 | 14.09.2016 | 07.09.2016 | 05.10.2016 |
| Round 5 | 14.09.2016 | 12.10.2016 | 05.10.2016 | 02.11.2016 |
| Round 6 | 12.10.2016 | 09.11.2016 | 02.11.2016 | 07.12.2016 |
| Round 7 | 09.11.2016 | 14.12.2016 | 07.12.2016 | 04.01.2017 |
| Round 8 | 14.12.2016 | 11.01.2017 | 04.01.2017 | 01.02.2017 |
| Round 9 | 11.01.2017 | 08.02.2017 | 01.02.2017 | 01.03.2017 |
| Round 10 | 08.02.2017 | 08.03.2017 | 01.03.2017 | 05.04.2017 |
| Semi-Final | - | - | 19.04.2017 | 26.04.2017 |
| Final | - | - | 13.07.2017 | 14.07.2017 |
Contest duration: 1 June 2016 – 13 July 2017
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