Demo contest, demo contest.

Demo contest


Uniforex | trading competition : " page is under construction . " https://www.Uniforex.Az/en/musabiqeler/winners I want new weekly demo contest


Free forex bonuses


Demo contest, demo contest.


Demo contest, demo contest.


Demo contest, demo contest.


�� forex demo contests 2021


why demo contests?
Because it's a risk-free opportunity to test your skills & win real money!
Don't think it's a place for beginners: when prize stakes are high, there will be many skilled traders competing for the main trophy!

Demo contests prize valid till
27forex | mobius trader 7 demo trader contest $2000 dec/31/2021
alpari | virtual reality contest $500 dec/31/2021
AMEGA FX | AMEGA invest demo contest $3000 dec/31/2021
dukascopy bank SA | strategy contest DEMO $5000 dec/31/2021
FBS | FBS league $450 dec/31/2021
forex euroclub | weekly demo competition (in russian) $45 dec/31/2021
fxopen (forexcup) | demo contests $600 dec/31/2021
grand capital | "drag trade" hourly demo contest $200 dec/31/2021
grand capital | "futures trade" weekly demo contest $1000 dec/31/2021
grand capital | "rally trade" daily demo contest $500 dec/31/2021
hotforex | "virtual to real" demo contest $2000 dec/31/2021
IAFT | traders demo contest $20 dec/31/2021
instaforex | "FX-1 rally" demo contest $500 dec/31/2021
instaforex | "instaforexsniper" demo contest $500 dec/31/2021
instaforex | "one million option" demo contest $500 dec/31/2021
instaforex | lucky trader demo contest $1000 dec/31/2021
instaforex | real scalping demo contest $2000 dec/31/2021
LAND-FX | demo competition-FX $3000 dec/31/2021
liteforex | "best of the best" demo contest $4000 dec/31/2021
LMFX | "learn & earn" demo contest $1000 dec/31/2021
masterecnfx | demo trading competition $1200 dec/31/2021
moneymaker | demo contest sponsored by instaforex $250 dec/31/2021
NPBFX | contest on demo accounts $1000 dec/31/2021
octafx | champion MT4 demo contest $500 dec/31/2021
octafx | ctrader weekly demo contest $150 dec/31/2021
roboforex | "demo forex" contest $700 dec/31/2021
roboforex | "kingsize MT5" demo contest $100 dec/31/2021
roboforex | "trade day" demo contest $350 dec/31/2021
roboforex | "week with cfds" demo contest $150 dec/31/2021
superforex | "gold rush" demo contest $100 dec/31/2021
superforex | bitcoin mania $100 dec/31/2021
uniforex | trading competition $1000 dec/31/2021
weltrade | weekly demo series contest $1500 mar/21/2021
westernfx | demo trading contest $3000 dec/31/2021
WOHLSTAND FX | demo contest $1000 dec/31/2021
world forex | "cash wars" demo contest $1400 dec/31/2021

Latest promotions:


Extra promotions:


Trader


Конкурс moneymaker и instaforex 24 этап (01.02.2021-12.02.2021)
1 место – 250$;
2 место – 150$;
3 место – 100$;
4 место – 50$;
5 место – 50$;
http://www.Moneymaker.Team/index.Php?Threads/konkurs-moneymaker-i-instaforex-24-ehtap-01-02-2021-12-02-2021.18380/
регистрация доступна в течении всего времени конкурса.


Trader


PLEASE PUBLISHED WEEKLY DEMO CONTEST AS LIKE WEL TRADE AND LAND FX .


Trader


Конкурс moneymaker и instaforex 23 этап (18.01.2021-29.01.2021)
1 место – 250$;
2 место – 150$;
3 место – 100$;
4 место – 50$;
5 место – 50$;
http://www.Moneymaker.Team/index.Php?Threads/konkurs-moneymaker-i-instaforex-23-ehtap-18-01-2021-29-01-2021.18327/
регистрация доступна в течении всего времени конкурса.


Trader


MFM securities - demo contest V1


18th - 29th january 2021 ;
https://www.Mfmsecurities.Com/gungho-demo-contest-v1


Trader


Accentforex - "master scalper" demo contest


Available till : jan 10,2021


Trader


I want new weekly demo contest


Trader


Please request all broker published new and new demo contest


Trader


Simplefx - trading idea contest


Post your trading ideas on simplefx and share it on social media ;
win $100 ;
https://blog.Simplefx.Com/2020/12/11/youre-doing-it-anyway-show-us-your-trading-ideas-and-win-100


Trader


Конкурс moneymaker и instaforex 22 этап (04.01.2021-15.01.2021)
1 место – 250$;
2 место – 150$;
3 место – 100$;
4 место – 50$;
5 место – 50$;
http://www.Moneymaker.Team/index.Php?Threads/konkurs-moneymaker-i-instaforex-22-ehtap-04-01-2021-15-01-2021.18255/
регистрация доступна в течении всего времени конкурса.


Trader


Please published new years demo contest request all broker


Trader


Octafx - win $1K instagram new year contest


End – december 24, 2020 ;
make a video on the following theme of ‘octafx, I need your $1,000 to boost my goal’ ;
https://www.Instagram.Com/p/ci48fmecfsr/


Trader


PLEASE COME NEW WEEKLY DEMO CONTEST REQUEST ALL BROKER PUBLISHED NEW WEEKLY DEMO CONTEST FOR CLIENT


Trader


MFM securities - kamikaze demo contest V7


18th - 31st december 2020 ;
https://www.Mfmsecurities.Com/contest


Trader


Конкурс moneymaker и instaforex 21 этап (21.12.2020-31.12.2020)
1 место – 250$;
2 место – 150$;
3 место – 100$;
4 место – 50$;
5 место – 50$;
http://www.Moneymaker.Team/index.Php?Threads/konkurs-moneymaker-i-instaforex-21-ehtap-21-12-2020-31-12-2020.18211/
регистрация доступна в течении всего времени конкурса.


Arcond


ACM brokers | demo contest : " not found "


Atirox | chasing mavericks demo contest : " this site can’t be reached "


Hotforex | "virtual to real" demo contest : no " promotions "


Uniforex | trading competition : " page is under construction . " https://www.Uniforex.Az/en/musabiqeler/winners


Westernfx | demo trading contest : " westernfx DEMO trading contest will be announced soon! "



Forex demo contests


Mostly forex demo contest is popular among newbie forex trader. It does not require any deposit or invest into account in order to join the forex demo competition. Demo contest is held among demo accounts where all contestant gets the same facilities like initial balance, margin level, margin requirement, leverage etc. At the end of the fore demo contest account with the highest balance declared as the winner. Cash or tradable money or gifts are distributed as the prize. Find the list of all available forex demo contests 2021


Forex demo contest 2021


Demo competition brings the opportunity for all forex traders to trade without any cash deposit. Generally, it is required to register an account for the contest where trading takes place with the virtual money. All participant has the same trading opportunity and environments such as equal balance, leverage, and terms. Contest duration varies as there are different lengths of competition comes from different forex broker. For example – there are weekly, monthly, daily, hourly and even random time frame of the contest out there.


Forex demo competition


Joining a trial or demo contest provide the opportunity to gain reward and at the same time it is a great way to test the trading skill and trading technique. In this process, a trader can build his trading confident throughout the process.


Weekly lucky friday demo-contest – CAPPROFX


Participate in weekly virtual to real demo-contest by CAPPROFX – trade with the virtual money and win trading credit on a live account. Avoid any […]


Virtual reality competition, fund $8,760 – alpari


Participate in the alpari virtual reality demo competition with an aim to make the maximum profit with minimum drawdown to win the cash prize. The […]


Demo competition, win 1000 USD – ACM brokers


ACM brokers brings trade and win REAL CASH competition in the risk-free. Trading environment. To participate in the competition you don’t need any investment, just […]


Winter demo contest, $10K cash fund – leo prime


Leo prime brings a trading demo contest with the virtual currency and no risk for the participant. Take the challenge of the competition to show […]


Drag trade 1-hour demo contest – grand capital


Ultra-fast forex demo competition that held every friday – the participants have one an hour to compete and win prizes while trading over 50 currency […]


MT4 DEMO CONTEST, $11K FUND – N1CM


Number one capital markets LTD hosts a demo competition over the metatrader 4 terminal with a prize fund of $11K USD. The fund distributed among […]


Demo trading competition 2020 – global prime


Follow global prime on instagram and enter the special coupon code in the competition channel to enlist in the demo contest. Participation has cost while […]


Demo competition, win 7,000 PLN and more – TMS


TMS broker launches DEMO CONTEST with exciting prizes plus an invitation to a supercar day experience, where you can drive 6 amazing cars + investment […]


Lotzilla trading contest 2020 – rally trade


Rally trade is bringing to you the LOTZILLA TRADING CONTEST 2020. Trade to win prizes, follow the competition’s rules to take part in the trading […]


Future trade $1000 non-deposit contest – grand capital


Grand capital presents future trade contest with $1000 non-deposit prize. A perfect place to show off your trading strategy, skill & technique in the risk-free […]


Demo contest master scalper – accentforex


Accentforex re-launched the “master scalper” DEMO CONTEST, the competition is dedicated to the scalper traders. Participate in the race with virtual money and win tradable […]


Demo competition, cash prize $1K – acefxpro


Acefxpro DEMO COMPETITION brings an opportunity to the interested participants to enter the competition and win cash prizes. The traders with the highest profits gained […]


Demo contest, cash + iphone 11 pro – NPBFX


NPBFX DEMO CONTEST is open for all registered clients with a 1000 USD trading capital of topper reward plus a chance to win an iphone […]


Best of the best contest, $10,000 fund – liteforex


Liteforex‘s BEST OF THE BEST CONTEST held on a demo account on each of the months. Register your profile and verify to take part in […]


Cryptomania demo contest, $3K fund – fxopen


Fxopen‘s free demo contest of cryptomania demo fight – trade through any cryptocurrencies like BTC, LTC, NMC, PPC, ETH, DSH, etc. Test your trading skill […]


Traders demo competition – IAFT


IAFT brings traders demo competition for their new and existing traders. The procedure is easy to participate in the contest by following the schedule. Competition […]


Demo trading contest, $3900 fund – vantagefx


Vantagefx demo competition 2020 for indices and share CFD traders – increase your trading capabilities when you trade for the prize without having any risk. […]


Demo contest, $23K+ fund, 1386 winners – WFOREX


World forex brings CASH WAR contest for all the clients to take part in the virtual money, no risk for the participant. Register a forex […]



Forex demo contest: BEST OF THE BEST


BEST OF THE BEST forex demo contest


Trade profitably on a contest forex account by use of currency pairs and any other available trading tools at liteforex. Trade actively and show the best profitability result among all forex demo contest participants.


Five participants whose trading will be the most profitable and risk factor - the least, with money management observed, will be announced as winners of the forex demo contest.


Current contest | 0:00, 1 february 2021


Terms and conditions


1. Registration, participation terms, contest period of the forex demo contest


1.1 the «BEST OF THE BEST» forex demo contest takes place every month, from the first of each month at 00:00:01 till the last of the month at 23:59:59, according to the server time GMT +2 (as indicated on the trading platform).


1.2 all participants commit themselves to provide true information when registering for the contest.


1.3 the clients from the USA, japan, israel, and EU countries may not participate in this demo contest.


1.4 when registering for the contest, a participant accepts all limitations and rules related to the contest. In the event of non-compliance with the contest rules, the organizer, acting through the liteforex company, may disqualify a participant in the course of the contest.


1.5 in case either attempts of entering the forex demo contest from several trading accounts/profiles or the fact of using anonymizers are found out, a participant will be disqualified.


1.6 in order to participate in the «BEST OF THE BEST» forex demo contest, a client needs to fully verify his/her personal profile and register for the contest on this page.


1.7 when registering on the site, a participant needs to fill in the fields of the registration form above and specify his/her email (login from the client profile) and a nickname to be displayed in the ranking of the demo contest «BEST OF THE BEST».


1.8 any liteforex’s profile holder may participate in the «BEST OF THE BEST» forex demo contest once a month. One individual may register for each current contest only once.


1.9 after the registration form is filled in, a contest demo-account with a unique login number and password will be opened for a participant. These details will be sent to the email-address indicated when registering for the contest.


1.10 the registration for a new contest stage is open as soon as the previous contest stage starts.


2. Terms of trading of the forex demo contest


2.1 type of account: DEMO ECN.


2.2 initial balance: 5000 (the same for all participants).


2.4 risk stop out: the maximum drawdown acceptable in a contest account equals 25% of a current balance. As soon as floating loss exceeds this value, risk stop out will occur and all open positions will be closed. A participant who has allowed risk stop out to happen in his/her account will be disqualified.


2.5 trading tools: any tool provided by liteforex


2.6 A participant may use trading experts and trading strategies without any restrictions provided that the terms of liteforex’s effective liteforex’s "client agreement" are respected.


2.7 all transactions must be closed before the contest finishes. Should there be any open transactions at the moment when the context finishes, they will be automatically closed at a current market price. The presence of open transactions at the moment when the contest ends does not entail disqualification.


2.8 other terms of trading on contest demo accounts correspond to the terms of trading on live ECN trading accounts in accordance with liteforex’s "client agreement".


2.9 liteforex reserves the right to refuse registration or/and disqualify a participant without providing a reason thereof. The reasons for disqualification can be the following



  • - violation or non-observance of the "client agreement";

  • - registration of several contest accounts by the same physical person or the presence of several client profiles belonging to the same physical person;

  • - opening of opposite trades of big volume at almost the same time and using the same pairs;

  • - use of quotes flow failures to make guaranteed profits;

  • - presence of contest transactions, including lock trades, whose duration is less than 2 minutes;

  • - ascertainment or suspicion that a participant has committed any kind of fraudulent action for being listed among the winners.



2.10 the participants that have not shown any trading activity for 10 days in a row during the contest period are excluded automatically.


3. Winners determination and prizes getting


3.1 the first 5 participants with the best profitability/risk ratio by the end of the contest will be considered as winners of the liteforex «BEST OF THE BEST» demo-contest. The final results will be formed within 3 working days after the end of the contest, as soon as they are checked by the security and risk-management departments.


3.1.1 the participants whose risk factor has exceeded 5 during the contest period shall be excluded from the contest, and their contest accounts shall no longer be displayed in the ranking.


3.2 only those participants who have been actively trading during the contest period and have increased their initial deposits without breaking the contest rules can be regarded as winners.


3.3 the participants who have gained prize-winning places from the first to the fifth according to the paragraph 3.1 receive money on their liteforex live ECN trading account; depending on the place, sums vary as follows:


Rankprize sum, $
1$4000
2$2500
3$1500
4$1000
5$1000


3.4 in case two contest participants have the same balance value following the results of the demo contest BEST OF THE BEST, the liteforex company, as the contest organizer, shall decide between them, giving preference to the participant with the least maximum drawdown shown over the contest period.


3.5 the winners on the TOP 5 final list shall:


- make sure that their client profiles are fully confirmed according to liteforex’s requirements;


- open an ECN trading account in the social trading system;


- send an email from the address specified when registering for the contest to contest-demo@liteforex.Com, indicating: the contest name - «BEST OF THE BEST» (demo); contest demo account number and trader’s password; trader’s ECN account number; email address specified when registering a profile.


3.6. The winner shall be aware that prize payment requests are accepted only within the first 2 weeks following the end of the contest the account has been participating in.


3.7 liteforex reserves the right to request any additional information regarding the participant’s identity when crediting a prize.


3.8 A participant awarded a prize may not demand that the prize amount be credited to third parties’ accounts.


3.9 prize funds are credited to a client’s real account, opened right after participation in the contest, within three working days after the request has been sent. (p. 3.5)


3.10 prize funds are credited to the credit column, belong to the company and are provided to a winner as an initial investment for participating in the social trading service as a trader. Profits made by a winner in his/her trading account by use of prize funds may be withdrawn without any restrictions. Also, percentages of his/her investors’ profits made from social trading may be withdrawn at any moment and without any restrictions too.


3.11 as organizer of the contest, liteforex has the right to refuse a prize without giving explanations if there is a suspicion of rules violation or if a winner has refused to verify his/her profile and provide additional information regarding his identity as per p. 3.7.


3.12 under the program for protection of investors’ interests, the company reserves the right to hide a winner’s real ECN account from the monitoring of the social trading platform and deduct prize funds if the winner’s trading by use of prize funds becomes high-risk. If a drawdown has exceeded 25% of a current value «balance+credit» when trading by use of prize credit funds, they will be withdrawn by the contest organizer.


3.13 trading by use of prize funds on his/her trader’s account on the social trading platform, a winner undertakes to follow a low-risk trading strategy and not to exceed a risk level of 5.


3.14 as organizer of the contest, liteforex has the right to amend the contest terms at any time without special notification.


3.15 liteforex reserves the right to use the information related to the winning accounts for advertising purposes and publish it in any sources of information. The winners are invited to participate in liteforex’s advertising and marketing actions such as interviews, photo- and video-reports, and press releases concerning the contest. At the same time liteforex commits itself not to divulge the winner’s private information (including name and surname) without the winner’s consent. Should a winner refuse to participate in these actions, liteforex reserves the right to disqualify the winner and award the prize to the participant occupying the next place in the final ranking.


Parameters of accounts taking part in BEST OF THE BEST contest


Profitability


Profitability is computed using the following formula:


P = (equity - balance_start) / balance_start * 100 (%), where:


Equity – current account’s equity;


Balance_start – initial account’s balance ($5000).


Maximal deposit utilization rate


Maximal deposit utilization rate is a maximal value of an account’s deposit utilization rate during the contest.


Deposit utilization rate is a percentage of an account’s equity used as a margin for opened orders.


It’s calculated using the formula :


Margin / equity * 100(%), where:


Margin – a deposit amount required to open a position;


Equity – a current account’s equity.


Maximal relative drawdown


Maximal relative drawdown shows a percentage of losses in an account.


It’s calculated using the formula :


Max ((maximalpeak - nextminimalpeak) / (maximalpeak + 100) * 100) (%), where:


Max — the highest relative drawdown value;


Maximalpeak — the upper extremum value corresponding to max in the profitability chart;


Nextminimalpeak — the lower extremum value following maximalpeak in the profitability chart.


Example of relative drawdown calculation for the chart above:


Let’s estimate the extremums of the profitability chart ("H" for the highest and “L" for the lowest)


Relative drawdown values are calculated as follows:


Percentdrawdown1 = (H1 - L1) / (H1 + 100) * 100 = (80 - 50) / (80 + 100) х 100 = 16,67%


Percentdrawdown2 = (H2 - L2) / (H2 + 100) * 100 = (90 - 35) / (90 + 100) х 100 = 28,95%


Percentdrawdown3 = (H3 - L3) / (H3 + 100) * 100 = (135 - 40) / (135 + 100) х 100 = 40,43%


Percentdrawdown4 = (H4 - L4) / (H4 + 100) * 100 = (195 - 65) / (195 + 100) х 100 = 44,07%


Leverage


Leverage is a ratio between the deposit and borrowed funds. Credit leverage 1:400 means that you need to have in your trading account an amount which is 400 times less than the one required to open an order.


Risk ratio depends on the trading history and is calculated automatically based on the following parameters (weight factor is indicated for each parameter):



  1. 1. Maximal relative drawdown (weight factor 0,5)

  2. 2. Maximal deposit utilization rate (weight factor 0,3)

  3. 3. Leverage (weight factor 0,1)

  4. 4. Account lifespan (weight factor 0,1)



Each of the parameters above has its own scale from 1 to 10 points and its own weight in the final risk estimation. The total risk ratio is measured in values rounded to the nearest whole number.


Thus, the total risk ratio is determined by summing up points for each parameter multiplied by its own weight factor.


Risk = points of maximal relative drawdown * 0,5 + points of maximal deposit utilization rate * 0,3 + points of leverage * 0,1 + points of account lifespan * 0,1


1. Maximal relative drawdown (weight factor 0,5)


Maximal relative drawdown (%)points
50,00 + 10
40,00 - 49,999
35,00 - 39,998
30,00 - 34,997
25,00 - 29,996
20,00 - 24,995
15,00 - 19,994
10,00 - 14,993
5,00 - 9,992
0 - 4,991


2. Maximal deposit utilization rate (weight factor 0,3)


Maximal deposit utilization rate (%)points
50,00 + 10
40,00 - 49,999
35,00 - 39,998
30,00 - 34,997
25,00 - 29,996
20,00 - 24,995
15,00 - 19,994
10,00 - 14,993
5,00 - 9,992
0 - 4,991


3. Leverage (weight factor 0,1)


Leveragepoints
400 + 10
300 - 3999
200 - 2998
150 - 1997
100 - 1496
75 - 995
50 - 744
25 - 493
10 - 242
1 - 91


4. Account lifespan (weight factor 0,1)


Preset value is 10 points.


Let’s say an account had the following parameters and points (without considering weight factors):


Maximal relative drawdown: 22,5% = 5 points;


Maximal deposit utilization rate: 11,32% = 3 points;


Leverage: 1:400 = 10 points;


Account lifespan = 10 points;


So, the risk ratio with weight factors considered shall be calculated as follows:


Risk = 5 * 0,5 + 3 * 0,3 + 10 * 0,1 + 10 * 0,1 = 5,4 ≈ 5


Results


The contest was held from 2021.01.01 00:00 till 2021.01.31 23:59



What is forex demo contest?


Introduction


There is a wonderful opportunity exists in forex trading where you can test your skills and practice different strategies with a large number of other traders? This is forex demo contest, especially if you are having thought about a new way of trading. For FX brokerages demo trading contest is a wonderful idea to get in touch with new customers, and let them trade on their platforms. Nowadays, forex trading has become a very popular form of invest to business. It's no wonder there are so many promotions and special offers to attract their attention


The definition of forex demo contest


Forex demo contests are basically a kind of race of trading skills, in which there are prizes of either big amount of money or high cost prizes given to a winner trader.


Mainly setup for traders to acquire a feel for forex trading, in addition, there are seasoned traders who opt to make the most of the prizes that are probable. Generally, there's absolutely no charge and only rules and rules.


Known rules in forex demo contest


Every demo competition has its own set of instructions for clients to follow and these rules are prepared by the brokers to organize the event perfectly.


The traders need to stick to them.


As a result of various set of regulations and guidelines specified by the agent, it's necessary to carefully understand the rules before registering for any sort of demo competition.


For all forex brokers, there is one common term is that a single player may only have one account in that demo competition. To be clearer about the condition is that there may only be a single account for one internet IP address. So be careful if you’re using a shared connection.


Besides this, even as soon as you have signed up for an event, you can't withdraw from the competition unless it's done by brokerage.


Failure to adhere to regulations and the rules may result in disqualification of the player.


Forex demo competition set of rules to follow


Demo contests run by many FX brokerages and every one will have their own set of instructions to follow by you, and it's vital for you to read the rules carefully. It may have cost free to join in the arena but you might want to consider the cost of your time. Contest rules are overall not that much hard, enough to say pretty easy, and are really just an issue of your common sense.


1 rule that's crucial to learn that the trader must have only single one account with the same broker who's playing the demo contest race. At that point they will look for internet IP address, a single account per IP address. Therefore, if you're discussing your pc with a different forex trader you need to check they have not opened an account as well. It might feel unexpected to you, especially as just two individuals are engaging, however in the long run it reduces cheating and also enables everyone a shot.


Some typical rules applied to a contest


Before engaging in a competition you need to enroll to get a demo account with the broker. Attempt to withdrawal any fund from the contest aren’t valid until the competition has ended. Losers will get eliminated in their losing phase.


Utilize EA trading software and a few terms that traders aren't permitted to acquire any type of help. This is only because these competitions' organizers wish to keep everything honest. And this would not be true if individuals were obtaining specialist guidance or utilizing a computer software to make the decisions.


Finding a demo trading contest


Finding a contest is not hard. You won't have an issue finding hundreds of FX demo trading competitions free and for real money. You can easily find on the web and also we are here to do the legwork for you, as we intend to incorporate some of the demo forex contests out there.


A few hints and tips for you


A competition you’re considering to join could be different than the other one you know, however there are a couple of strategies to not follow to reduce the odds side.


Do not play in misery thoughts. Deciding upon those with the potential for gain. Play your trades secure and you'll wind up losing out.


Just how much you hazard depends upon the length of the competition. Danger is required by A duration. A demo forex contest could last a few minutes to an hour or even a week till the race is over.


It is no wonder that brokers give prize to more than only one winner. You do not always need to be the very best in order to win the trophy, as many agents provide prizes to the best 20, or even occasionally 50, traders.


It is important for you to keep in your mind that the competition is not all about winning. Even though a glorious prize is always a fantastic attract to us. Joining in a forex demo trading contest is a great opportunity to learn the intricacies of forex trading and also check out.


Withdrawal system your demo contest prize


It depends, your profit is permitted to withdraw your fund in real but. Brokerage have their own policy so a few prizes can be paid directly to a trader.


Checklist before choosing a demo contest



  • Offer terms and conditions from broker page

  • If you are location/country is not banned list

  • Chances/possibility to withdraw the prize

  • Participant requirements to fund out in real

  • How they consider a winner

  • Demo trading contest rules



Conclusion


Forex demo contest is an excellent way to earn real money not risking own funds. It brings the opportunity for all forex traders to trade without any cash deposit. Mostly forex demo competition is popular among newcomer forex trader. Demo contest is held among demo accounts where all contestant receives the same amenities like initial balance, margin level, margin requirements, leverage etc. Sometimes cash or trading balance or presents are considered as the prize.


Many forex brokers offer too much attractive demo competitions. On our website you can check this page to get a list of the best forex competitions that would be a good idea to participate. The information about demo competitions will regularly update here.



Demo contest


DEMO trading contest


Westernfx DEMO trading contest will be announced soon!


By offering this demo contest we encourage our clients to build their confidence for real trade and to master their trading skills with no risk but also get prizes! Please read TERMS and CONDITIONS for DEMO contest, westernfx is offering demo traders the chance to win prizes for champion and six runner-up traders, the top three winners will also win a FREE educational forex E-book.


Take the opportunity, join the contest NOW!


Demo contest ranking table


Account numbergain
1210%
1320%
1430%
1540%
1650%
1760%
1870%


REGISTER HERE


Dear valued clients westernfx would be happy to inform you about our trading


Dear valued client, on behalf of the westernfx team, we wholeheartedly wishing you and your family a enjoyable holiday


We are exited to inform you that crypto currency is available for deposit and withdrawal from now on. You can



Get social


Get in touch


Legal:registered by the financial services authority (FSA) of ST. Vincent and the grenadines, central america. Global business license no. 21937/IBC.


Legal risk disclosure: trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.



Forex demo contests


Mostly forex demo contest is popular among newbie forex trader. It does not require any deposit or invest into account in order to join the forex demo competition. Demo contest is held among demo accounts where all contestant gets the same facilities like initial balance, margin level, margin requirement, leverage etc. At the end of the fore demo contest account with the highest balance declared as the winner. Cash or tradable money or gifts are distributed as the prize. Find the list of all available forex demo contests 2021


Forex demo contest 2021


Demo competition brings the opportunity for all forex traders to trade without any cash deposit. Generally, it is required to register an account for the contest where trading takes place with the virtual money. All participant has the same trading opportunity and environments such as equal balance, leverage, and terms. Contest duration varies as there are different lengths of competition comes from different forex broker. For example – there are weekly, monthly, daily, hourly and even random time frame of the contest out there.


Forex demo competition


Joining a trial or demo contest provide the opportunity to gain reward and at the same time it is a great way to test the trading skill and trading technique. In this process, a trader can build his trading confident throughout the process.


Weekly lucky friday demo-contest – CAPPROFX


Participate in weekly virtual to real demo-contest by CAPPROFX – trade with the virtual money and win trading credit on a live account. Avoid any […]


Virtual reality competition, fund $8,760 – alpari


Participate in the alpari virtual reality demo competition with an aim to make the maximum profit with minimum drawdown to win the cash prize. The […]


Demo competition, win 1000 USD – ACM brokers


ACM brokers brings trade and win REAL CASH competition in the risk-free. Trading environment. To participate in the competition you don’t need any investment, just […]


Winter demo contest, $10K cash fund – leo prime


Leo prime brings a trading demo contest with the virtual currency and no risk for the participant. Take the challenge of the competition to show […]


Drag trade 1-hour demo contest – grand capital


Ultra-fast forex demo competition that held every friday – the participants have one an hour to compete and win prizes while trading over 50 currency […]


MT4 DEMO CONTEST, $11K FUND – N1CM


Number one capital markets LTD hosts a demo competition over the metatrader 4 terminal with a prize fund of $11K USD. The fund distributed among […]


Demo trading competition 2020 – global prime


Follow global prime on instagram and enter the special coupon code in the competition channel to enlist in the demo contest. Participation has cost while […]


Demo competition, win 7,000 PLN and more – TMS


TMS broker launches DEMO CONTEST with exciting prizes plus an invitation to a supercar day experience, where you can drive 6 amazing cars + investment […]


Lotzilla trading contest 2020 – rally trade


Rally trade is bringing to you the LOTZILLA TRADING CONTEST 2020. Trade to win prizes, follow the competition’s rules to take part in the trading […]


Future trade $1000 non-deposit contest – grand capital


Grand capital presents future trade contest with $1000 non-deposit prize. A perfect place to show off your trading strategy, skill & technique in the risk-free […]


Demo contest master scalper – accentforex


Accentforex re-launched the “master scalper” DEMO CONTEST, the competition is dedicated to the scalper traders. Participate in the race with virtual money and win tradable […]


Demo competition, cash prize $1K – acefxpro


Acefxpro DEMO COMPETITION brings an opportunity to the interested participants to enter the competition and win cash prizes. The traders with the highest profits gained […]


Demo contest, cash + iphone 11 pro – NPBFX


NPBFX DEMO CONTEST is open for all registered clients with a 1000 USD trading capital of topper reward plus a chance to win an iphone […]


Best of the best contest, $10,000 fund – liteforex


Liteforex‘s BEST OF THE BEST CONTEST held on a demo account on each of the months. Register your profile and verify to take part in […]


Cryptomania demo contest, $3K fund – fxopen


Fxopen‘s free demo contest of cryptomania demo fight – trade through any cryptocurrencies like BTC, LTC, NMC, PPC, ETH, DSH, etc. Test your trading skill […]


Traders demo competition – IAFT


IAFT brings traders demo competition for their new and existing traders. The procedure is easy to participate in the contest by following the schedule. Competition […]


Demo trading contest, $3900 fund – vantagefx


Vantagefx demo competition 2020 for indices and share CFD traders – increase your trading capabilities when you trade for the prize without having any risk. […]


Demo contest, $23K+ fund, 1386 winners – WFOREX


World forex brings CASH WAR contest for all the clients to take part in the virtual money, no risk for the participant. Register a forex […]



Flexible forex demo contests for newbie traders in 2021


What is forex demo contest?


We know that the forex contest is a challenge like a tournament. But there are two types of contests available in the forex. These are 1.Forex live contest and 2. Forex demo contest. In a live forex contest clients has to invest real money. But in a demo contest, traders don’t need to invest from their own pockets. Brokers will provide a fixed amount of money to every participant for participating in the contest.


The forex demo contest is a great opportunity for a newbie trader to test his/her trading capability. This type of contest is the opposite type of live forex contest. And also there is a very good chance to win a real trading prize money or cash. The most important thing is, you can win a prize without having risk. Sometimes pro traders also taking apart into these contests while there will be big prize money. Some of the experienced traders are telling that, if a newbie trader can win a demo contest than, he/she can be a good forex trader in real trading.


Some basic rules of forex demo contest: each demo contest has different rules, but few rules are common in each contest. There are some basic rules for the forex demo contest. You may check here below.



  1. The broker will specify the competition rules.

  2. Participants start the competition with the same balance.

  3. Most of the broker doesn’t allow multiple accounts from a single IP.

  4. Multiple accounts are not allowed by the brokers in demo competitions.

  5. Most of the broker make rules that, after joining the contest clients can’t withdraw themselves from the competition.

  6. Most of the brokers are providing winning prize money as real trading money. Which is able to trade in real forex trading. But some brokers are providing prize money for withdrawing.




Demo contest


The more you learn, the more you earn!
Practise trading FX and win real money while doing it.


Make money while learning
how to trade FX!


What is the learn & earn contest?


The LMFX ‘learn & earn’ contest is a contest only held on demo accounts. There is absolutely no monetary risk involved - only gain! Practise and master your trading skills while competing for real cash prizes every month!


Length of each round – 1 month
total prizes per round – 1,750 USD
1st prize $1,000 credited in a live account
2nd prize $500 credited in a live account
3rd prizee $250 credited in a live account
initial virtual deposit - 100,000


Rankings december 2020


Last updated on 2021-01-04 14:08:06.


The easiest way to trade.


Risk warning: contracts for difference (‘cfds’) are complex financial products that are traded on margin. Trading cfds carries a high level of risk since leverage can work both to your advantage and disadvantage.


As a result, cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. All information on this website is not directed toward soliciting citizens or residents of the united states, united kingdom, japan or any other jurisdiction that would be contrary to local law or regulation.


Past performance of cfds is not a reliable indicator of future results. Most cfds have no set maturity date. Hence, a CFD position matures on the date you choose to close an existing open position. Seek independent advice, if necessary. Please read LMFX’s full ‘risk disclosure statement’.



Forex demo contests 2021


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 $80000 ($20000 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, 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 Г· 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 $100000 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.


Hotforex broker hosts a monthly demo contest called вђњvirtual to realвђќ for all its verified clients. The prize pool for the competition is $3500 which will be shared among the 3 top traders who acquire the highest gain. Each client can participate only once and will have access to 1:200 leverage and $10000 virtual money. The awarded prizes can only be used for trading purposes and cannot be withdrawn; however, any profit you make is yours to withdraw after meeting the required conditions (trade 10 standard lots in no less than 50 round turn). The prizes will be transferred to the tradersвђ™ live accounts.


The winners will be determined based on the following formula:
gain = [(ending balance - beginning balance) / beginning balance] x 100.


Liteforex is hosting a monthly demo contest named вђњbest of the bestвђќ 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. 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 investorsвђ™ profits are fully withdrawable.





So, let's see, what we have: forex DEMO contests 2021 - newest demo contests from forex brokers. Only ACTIVE demo contests and demo competitions 2021. At demo contest

Contents of the article




No comments:

Post a Comment

Note: Only a member of this blog may post a comment.