The World Forex Championship is a new competition hosted by XM. It features trading competitions in which Forex traders will compete for a $50,000 cash prize each month. The top 5 traders will then advance to the Semi-Finals and the Final Event, where they can compete for up to $500,000 in cash prizes.
This competition is open to all XM clients. You can participate by registering your nickname in the XM Members Area. You can participate as many times as you wish, and there is no fee to participate. If you are new to the industry, you can even get started with a demo account for free.
XM provides 24 hour customer support, with representatives available in over 15 languages. It also offers a $ 30 No Deposit Bonus, and 50% of your first deposit up to $ 500. You can also receive a personal account manager and enjoy a free VPS. The platform also offers free Metatrader 4 and 5 apps, MQL5 signals service, and Negative Balance Protection.
XM offers trading services in more than 200 countries. Their head office is in Cyprus, and they also have offices in Sydney and Athens. The company has over 30 years of experience and is recognized by numerous industry associations. XM offers a wide variety of currency pairs and over twenty exotic pairs.