How To Win The Contest Forex
Forex Demo contests are quite popular among the traders. It is certainly a nice game to play and get your mind out of stress, while you are doing the thing you love the most – trading.
FXTM is offering a new demo contest (Titans) to all of its clients. The competition will be held in 4 rounds throughout the year with a pool prize of $40000 ($10000 each). Among the skilled traders, 5 competitors with the highest profit percentage will receive the prizes in descending order. The clients are required to register for MyFXTM before or during the contest - up to May 11, agree to the terms and conditions of the contest, open a demo trading account and start trading to achieve one of the top positions.
The contestants can only use CFDs in Forex and metals, and Standard Account MT4 (USD) for this contest. In the final calculation, only the positions whose duration is more than 5 minutes will be included.
Every contender can participate only once. The profits are calculated according to the following formula: [Net Profits ÷ 100000] x 100 = XX.XX%. The winners among those with similar percentage points will be determined based on the lowest drawdown. The traders compete against one another in a virtual market with a $10000 initial deposit, so no risk is involved.
The winners are to open a live trading account, provide the necessary documents to receive the cash prizes, fully withdrawable. Exness is hosting a year-round demo contest – Forex World Cup – in 12 rounds (5 days each) and a Grand Finale for its new clients. The total prize pool allocated for this contest is $120,000 including cash and bonuses. The contenders should open a Demo Mini Account for this competition during the registration period. Five top traders who manage to achieve the highest profit will be awarded prizes. Every client can be the winner of one round except for the Grand Finale in which the participation of all the winners is allowed. The contestants can trade with $1000 virtual money and leverage up to 1:2000.
The accepted traded volume for this contest is at least 3 standard lots. The cash prizes are withdrawable, but the bonuses can only be used in trading. The winners should complete the info in the personal cabinet as requested (providing details of identification, passport, etc.), complete the questionnaire, and provide their social media link (e.g., LinkedIn, Facebook, and Twitter). The prizes will be transferred to the winners’ accounts within 20 days after the completion of each round.
LiteForex is hosting a monthly demo contest named “Best of the Best” with a total prize fund of $10000. All the traders can compete for a whole month among whom 5 of the most profitable traders with the lowest risk factor and the best management plan will be awarded in descending order.
The contenders can use all the available trading tools including the currency pairs. The traders are required to provide valid info (email, nickname, etc.) for full registration as requested and use one single account for this contest (MT4 Demo ECN), otherwise, their eligibility will be nullified. The demo ECN accounts come with a $5000 initial deposit, leverage up to 1:400, and a max 25% drawdown on the account balance.
The accounts that Opteck offers includes monetary benefits for binary option traders, like a signup bonuses, but also a number of educational resources that facilitate the trading experience. In addition, Opteck provides live webinars and a free E-book that registered traders can have. Opteck binary options reviews.
Bear in mind that the occurrence of stop-out, opening opposite trades in large sizes, lack of trading activity for 10 days or other mentioned activities will disqualify the contender. Before the end of the competition, all the open positions must be sorted out. Moreover, 3 days after the contest, the winners will be announced, and the prizes will be transferred to their real trading account. In the event of similar winners, the prize will go to the trader with the lowest drawdown during the period. The awarded prizes along with the percentage of investors’ profits are fully withdrawable. Alpari is holding a virtual reality contest which consists of four consecutive rounds throughout the year (each competed in a different demo account).
4609 competitors will compete for $8760 in addition to 50,000 ALP (bonus points) about eleven weeks. 30 lucky winners with the most profit and the lowest drawdown will win the prizes. The price of oil on forex online. The participants are to provide the necessary info as well as a nickname for the contest. The initial deposit given to each competitor is $100,000. The winners are required to register for the next rounds as well.
How To Win Online Contests
FX instruments are allowed on mt4 accounts, but virtual money can only be traded via Alpari MetaTrader. The leverage is 1:10 and the minimum number of lots is 0.1 (increasing up to 0.01).
The contestants can’t use a proxy, and the demo accounts should only be used during the contest. Every night the account balance is computed at the time of rollover.
Ugly Christmas Sweater To Win The Contest
The winners’ account balance should exceed their first deposit. The prize winners are picked based on the percentage of profit, percentage of drawdown, and profit factor.