The online Forex broker XM (a company regulated by organizations such as CySEC of Europe) is offering a new promotion for all its clients in celebration of its tenth anniversary. This promotion, which will run from November 2019 to August 2020, allows its participants to obtain different prizes that will be described later. Each month, XM will award $80,000 in prizes that will be distributed among 50 winning traders (the conditions for obtaining the prizes will be indicated below). Besides, at the end of the promotion, there will be a Final Draw where the company offers a prize pool of $200,000 that will be distributed among 10 winners.
This 2019 marks the 10th anniversary of XM, one of the largest Forex brokers for retail traders today. To commemorate this event, the company is inviting its customers, both new and existing, to celebrate XM’s corporate anniversary through this 10-month promotion, where $ 1,000,000 will be distributed among 500 winning traders.
-Period of validity of the promotion: This offer will last 10 months (each round of the promotion lasts 1 month) and will take place from November 1, 2019, until June 31, 2020.
Next, we will explain the general conditions of this promotion, including the prizes in each round and how interested traders can participate.
You can get more information about the company XM and its brokerage services in the following guide about this broker: Review of XM broker
What is the promotion of the 10th anniversary of XM?
During each round of the promotion, registered traders can participate in a raffle where they can obtain a portion of the $80000 monthly jackpot. This prize fund will be distributed among 50 participants.
The following image shows the details of each promotion round, including the start and end date:
As we can see, during the 10-month promotion, in each round there will be 50 winners who will be chosen randomly from the total number of traders participating in the draw for the corresponding month.
To participate in the raffle each month, each registered customer must obtain tickets through their transactions in the market, so that the more tickets you get, the more chances you will have to win one of the prizes. The prize draw will be made directly among the total tickets obtained by all the participants of the promotion each month.
To obtain the tickets the conditions that the participant must meet are the following:
- Complete a trading volume of 3 standard lots (or 300 micro lots in the Micro accounts) trading with Forex and precious metals (gold and silver) to get 1 ticket for the monthly draw and 1 ticket for the special draw for the Grand Gala that will have a special prize pool.
- For each additional standard lot (or 100 micro lots in the Micro accounts) traded by the participant, he or she will get 1 additional ticket for the monthly draw and 1 additional ticket for the final special draw. There is no limit on the number of tickets that the participant can obtain.
Prizes for each monthly round of the XM promotion
The winners of each month will receive the following prizes:
- 1st Place: $10,000 of balance in a XM MT4/MT5 real trading account – 1 winner.
- 2nd Place: $8,000 of balance in a XM MT4/MT5 real trading account – 1 winner.
- 3rd Place: $7,000 of balance in a XM MT4/MT5 real trading account – 1 winner.
- 4th Place: $6000 of balance in a XM MT4/MT5 real trading account – 1 winner.
- 5th Place: $4000 of balance in a XM MT4/MT5 real trading account – 1 winner.
- 6-15th Place: $2000 of balance in a XM MT4/MT5 real trading account – 10 winners.
- 16-30th Place: $1000 of balance in a XM MT4/MT5 real trading account – 15 winners.
- 31-50th Place: $500 of balance in a XM MT4/MT5 real trading account – 20 winners.
Grand Gala – Final Round with a total prize pool of $200,000
For this promotion final round, the more tickets of the special draw the participant obtains during the 10-month period, the more chances he will have to win one of the 10 prizes of the grand gala draw described below:
- 1st Place: 1 luxury vehicle or $100,000 of balance in a real XM MT4/MT5 trading account.
- 2nd Place: 1 luxury vehicle or $30000 of balance in a XM real MT4/MT5 trading account.
- 3rd Place: 1 luxury vehicle or $30,000 of balance in a real XM MT4/MT5 trading account.
- 4-5º Place: $10,000 of balance in a real XM MT4/MT5 trading account.
- 6-8º Place: $ 5000 of balance in a real XM MT4/MT5 trading account.
- 9-10th Place: $2500 of balance in a real XM MT4/MT5 trading account.
Who can participate in the promotion?
All customers of the broker XM, both new and existing, who register in the promotion and comply with the conditions we will describe below can participate. To register in each monthly round of the offer, traders must have a fully validated XM real trading account (the identity and current place of residence of the trader must be verified) and with a minimum balance of USD 500, or its equivalent in another currency
After registering, the trader must complete the number of lots required during the corresponding month to be able to participate in the monthly draw. When the eligibility criteria are met, traders will be automatically participating in the raffle and can win any of the prizes offered in the monthly round. Also, they will have the possibility of obtaining one of the prizes drawn at the Grand Gala, where the prize pool is $ 200,000.
Any customer interested in participating in the XM offer each month must register in each monthly round and comply with the conditions indicated.
When are the monthly winners of the promotion announced?
Winners of the Monthly Draw: The draw for each round of the promotion is held on the 5th of each month and the winners are announced on the 14th of the corresponding month.
Enrollment in the Promotion of the 10th anniversary of XM
To register and participate in any round of this promotion the procedure is as follows:
- Have a real MT4 or MT5 trading account validated with the XM broker (you can open a real one with this company in this link).
- Deposit at least $500 in your account.
- Register for the promotion on the XM website.
- Obtain tickets trading with Forex and precious metals (see the conditions described above).
- Wait for the result of the draw at the end of the round.
You can obtain more detailed information about this promotion and register on the company’s website through the following link: