Octafx demo contest
Although the octafx demo account does not involve real money, trading takes place in real market environment with actual trading and quoting data, as it is viewed in the real accounts.
Best forex bonuses
Free forex demo account
Learn forex completely risk-free
The forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into forex trading with a live account, it’s best to open a risk-free forex demo account. The octafx demo account provides the same forex trading experience as real accounts. The only difference is that the funds on the forex demo account are simulated. You don’t trade with real money, so it is completely risk-free.
Access the demo account without deposit
The octafx forex demo account is essentially a practice account. You just need to sign up and create one in a couple of clicks to get started. With it, you can get accustomed to a variety of features of the forex trading platform and get familiar with the dynamics of the forex market before committing any real funds. Practicing with unlimited demo dollars helps you better understand how to execute trades, as well as your risk exposure. While being equipped with all the real account features, it allows you to:
- Use it completely free of charge: test your trading strategies and bots for scalping, and execute trades completely risk free as many times as necessary
- Trade with virtual money: even though it’s a trading simulation, we still provide you with real trading signals that are also free of charge
- Discover all the features of the trading platform: learn to read charts and use graphic objects, levels, fibonacci retracements, and more
- Experiment with different order types.
Practicing at your own pace
We understand that new traders need time to get familiar with tools and market specifics, and we consider it very important to provide learners with demo accounts; the performance of inexperienced, new traders might be far from their expectations without prior learning or practicing. For experienced traders who wish to forward test or back test their strategies and practice their trading skills, our demo accounts offer even more, providing an unlimited balance and full support of various trading robots. Test trend following, breakout, momentum, and other strategies on your way to create the best trading plan.
Real market conditions
Although the octafx demo account does not involve real money, trading takes place in real market environment with actual trading and quoting data, as it is viewed in the real accounts. You’ll see live trading signals, charts, and trading assets absolutely free!
Access to MT4 and MT5
Metatrader 4 web-platform
MT4 web platform allows you to trade from any browser on any operating system with a well-known interface of a desktop platform. All major tools are available including one click trading and chart trading.
Metatrader 4 desktop
Metatrader 4 is highly customisable. It includes charting tools, market indicators, scripts and eas, advanced risk management, real time market execution and more.
Metatrader 4 android
Enjoy a complete set of trade orders, trading history, interactive charts and the widest variety of supported devices - all that is metatrader 4 for android. Wherever you are and whatever you do, forex will always be with you!
Metatrader 4 ios
Widespread trading software is now available for your iphone/ipad. Login to your account and have the opportunity to trade on metatrader 4 from anywhere in the world via your ios device.
Metatrader 5 web-platform
Trade with the metatrader 5 web platform without installing or downloading any software application. You can trade on the forex market with any browser and operating system with an internet connection. Access your trading account with metatrader 5 web platform right now.
Metatrader 5 desktop
Download metatrader 5 and start trading with amazing functionality, technical and fundamental market analysis, copy trading and automated trading features incorporated into this platform. This version offers a diversity of order types and execution modes. Metatrader 5 features an unlimited amount of charts with 21 timeframes and one-minute history of quotes along with analytical tools not to mention 80 built-in technical indicators plus much more.
Metatrader 5 android
Download metatrader 5 on your android phone or tablet and trade currencies with cfds. Metatrader 5 is available for android allowing you to trade and check your account from wherever you are. Using your smartphone or tablet you can access the main features of the platform.
Metatrader 5 ios
The new metatrader 5 platform offers mobile online trading on the forexmarket.Trade forex directly from your iphone and ipad! This new application allows you to connect to octafx servers, receive currency quotes, analyze financial markets using charts and technical indicators, trade and view the history of your trading operations.
Perfect for testing trading strategies
Forex demo accounts are not just there to learn the basics. They help experienced traders test highly intensive strategies. For example, a trader can practice trading on indicators—the technique involves sorting out different indicators in search of a perfect set, which trend forecasts will confirm across all indicators in the set and correctly predict real market behaviour. Automated trading strategies using advanced eas are needed to continuously monitor fluctuations across different currencies. Even strategies requiring extensive use of tools and a high level of trading discipline can be practiced on a demo account.
Learn with demo contests and win prizes
In order to turn your learning steps into a more rewarding process, we’ve developed several demo contests that will allow you to earn real money. You can practice reversal trading, use automated trading, or show your newly built skills to get the first prize.
Champion demo contest
Ctrader weekly
demo contest
Moving forward to real trading
The retail part of the forex market is all about making profit. When you feel like you have enough experience in trading on demo accounts, and when you make steady profits from session to session, we recommend you move on to making real money on real trading accounts.
�� octafx | champion MT4 demo contest
| Prizes: | 1 - $500 2 - $300 3 - $100 4 - $60 5 - $40 |
in case the prize funds are used for real trading, the withdrawal limit is 300% of the prize funds (including both the prize funds and profit).
Latest promotions:
Extra promotions:
Great BROKER.
Terpercaya, hadiah dapat di wd sesuai dengan promonya.
Bintang tujuh (Y)(Y)
Last place $100? Reaallly will be paid? Or just marketing gimmick? Any one been paid for last place?
Norul islam
Ibazk
Saya baru saja menerima hadiah dari octa demo champion dan dananya dapat di
wd. Octa is OK .
Fxbonus
Trader
From rules:
the prize is paid into the client's real account at octafx and can be withdrawn
in case the prize funds are used for real trading, the withdrawal limit is 300% of the prize funds (including both the prize funds and profit).
Surinder singh
A new breed of online forex broker, octafx is an award winning ECN/STP broker that is based in saint vincent and the grenadines. This broker was acknowledged by global banking and finance review, an online portal dedicated to covering development in the international financial community, as the fastest growing micro broker in 2012. No doubt, the rapid growth of this broker could be attributed to the high quality services which the broker is providing its clients with. Octafx recognizes that its clients is it most valuable asset and hence strive for perfection. “perfectionism in its best sense, professionalism and goal-orientation is what distinguishes the octafx team”, said the CEO of the parent company, octa markets incorporated.Octafx main trading platform is the industry standard metatrader 4 (MT4). Highly customizable and stable, the trading platform is fully equipped with various technical tools designed to make the trader’s job in analyzing the market easier. The MT4 trading platform is also available for mobiles devices like iphones, android and window powered mobile devices.
All features of the standard version of MT4 trading platform is also available on the mobile version.
Account types
there are two main types of trading account provided by octafx, micro and ECN trading accounts.
• 12 currency pairs + gold and silver
• 5 digits quotes
• expert advisors and scalping allowed
• leverage level is up to 1:500
• margin call level is 25%
• require a minimum of $5 deposit to open
• stop out level is 15%
• require a minimum deposit of $50
• 28 currency pairs + gold and silver
• 5 digits quotes
• expert advisors and scalping allowed
• leverage level is up to 1:500
• margin call level is 25%
• require a minimum of $5 deposit to open
• stop out level is 15%
Commission & spreads
the spreads that octafx charges are floating and they all start from 0.2 pips regardless of the type of trading account.
Customer support
octafx have always pride itself with a high quality support team that is always within the reach of traders 24/5. To get in touch with the support team, traders can either do it through:
• live chat
• filling in the online contact form
• email at [email protected]
• phone: 4001-200970 (china)
1-800-815-304 (malaysia)
+17844574224 (st. Vincent and the grenadines)
As octafx is main clientele base is from china and south east asia, multi-lingual support is available in the following languages:
• bahasa indonesia/malaysia
• mandarin
Reliability
in terms of reliability, octafx have always made this one of its priority. Some of the measures that they have in place include:
Accounts segregation
octafx keeps its corporate funds separate from the clients’ trading funds. This is in accordance to international regulations and accounting standard.
SSL data encryption
personal data and online financial transactions are protection by encryption with SSL encryption technology.
Account verification protocols
all trading accounts have to go through a stringent verification process.
Secured withdrawal
all withdrawal requires an email confirmation thus preventing unauthorized withdrawal by a third party.
3D secure technology for credit/debit card transaction
3D secure technology is used to process all transaction from visa and mastercard to ensure the integrity of the transaction.
Security engineer team
the backoffice of octafx technical environment is monitored 24/7 by a team of security engineers to ensure top level protection.
Pros
the advantages of dealing with octafx are numerous. They include:
• attractive promo offers
• demo account
• fast reliable executions
• free market analysis
• high quality customer support
• low minimum deposit requirement
• provide ecn trading facility
• stable and reliable trading platform
• true ECN/STP services
Cons
although just a micro broker, octafx have managed to cover practically every aspect of their clients’ needs. So far, I can’t seem to find anything wrong with this broker.
Conclusion
to conclude, the award that octafx is well deserved. Despite being a new broker on the forex trading scene, they have managed the hearts and minds of many of their clients with the effort and dedication that they put into providing top notch services to their clients. For those who are in the market for a reliable and efficient forex broker, octafx certainly come highly recommended.
Octafx ctrader demo contest
Eligibility
Prizes
Duration
Leverage
Heard a lot about ctrader forex platform and want to try it? How about winning money while you trade on demo account with ctrader? Now, you have such possibility with octafx ctrader demo contest! But is it really worth your time and effort? Find out in our full octafx ctrader weekly demo contest review!
Octafx ctrader demo contest description
This contest seems like a fair deal from the first sight. First of all, you get to trade with ctrader platform for free. In addition to that, if you trade insanely successful, you will get rewarded with free cash. Let’s dive deeper into what truly awaits you at octafx.
First things first, the contest lasts one week. This is good in the way that after one week you will know whether you won or you did not. This not only helps you keep your efficiency trackable, but also gives you additional chances of winning. There isn’t just one such occurrence. The contest renews every weak, for which you can register with new accounts. So the fact is that you don’t have to wait for a whole month only to find out that you lost.
More to that, the prize pool is 400 USD, and they are distributed in such a way:
- Winner gets $150
- Second best receives $100
- 3rd, 4th, and 5th get 75, 50 and 25 US dollars respectively.
Prizes are not so big, but it renews every week so you can’t expect the broker to hand out large sums in prizes. Sure you can compare them to other brokers that feature $5,000 in winnings for their contests, but most of those contests are not a week long, they take at least a month. So when comparing the trading aspect it’s a bit safer to invest your time into a week-long endeavour and have a higher chance of winning $140, than dedicating the whole month to a very small chance of winning 5 grand. Compare it with other demo contest and you will see that there truly are other deals like this, but in the same timeframe.
Octafx ctrader weekly demo contest review wants to highlight, that you are able to take part in any amount of this contests, even if you win them. But, for each new ctrader contest you will have to create new account each time. Also, you have to give your real details to the forex broker, or they will easily remove you from the contest. But this isn’t something new, the broker needs to verify that you are indeed a real person and not some type of software dedicated to seamless winnings. Remember, this is a campaign, which tries to get traders more invested in the activity, plus it has no submission restrictions for newer traders.
What’s even cooler is that if you turn out to be one of the lucky winners, the broker displays your nickname and origin country on their homepage, which gives you a whole lot of financial style points, and your countrymen a feeling of success. It’s a win-win situation. Plus it’s just your username and not your real name, so there are no security issues tied with it.
Can I withdraw octafx ctrader weekly demo contest prizes?
As from the words of octa markets, yes you can, even without any limits. What’s even better is the fact that it doesn’t need to be transffered to the already existing original account, you can just sweep it up from the demo account. With this there will be no pressure from the broker to make you do what you may or may not want to do.
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Champion MT4 demo contest – octafx
Register in the octafx champion MT4 demo contest, trade your demo account like a champion, win and get fabulous prizes! Any possible trading techniques are welcome, whether eas, scalping, hedging or whatever you want to use! Be a winner, and a total prize fund of 1,000 USD monthly may be yours.
Forex champion demo contest
Contest’s time:
- Start – at the beginning of the month
- End – at the end of the month
- Duration: one month
- Registration: all year, 2021
Offer is applicable: for both new and existing clients
How to apply:
- Register a contest demo account.
- Trade with virtual money.
How to gain: achieve the largest contest account equity at the end of the contest time.
Bonus cash out: need to trade a required no. Of lots to cash out bonus
Special note: once you register your champion demo contest account you can participate in every month without making an account, your account balance will be reset after the contest ends.
Terms and conditions – forex-demo-contest presented by OCTAFX
Registration for the contest is announced before its start. During the registration period, anyone can register for the contest. Each participant must register a new demo account for each contest round. ANY KIND of IP match will be subject to disqualification
Prizes of the contest
1st prize gets 500 USD | 2nd prize gets 300 USD | 3rd prize gets 100 USD | the last place receives another 100 USD
Octafx MT4 monthly demo contest review
Eligibility
Prizes
Duration
Leverage
Octafx has been quite generous with its diversity of contests. The supercharge 2 and ctrader contests are as good as it gets, but the broker decided that it could do more. Since there is no one true trading platform, octafx wanted to accommodate traders of all types. Therefore they have also included an MT4 monthly demo contest, which we will be reviewing today.
Octafx MT4 monthly contest description
When we first took a look at the contest, it seemed quite odd why the broker would feature only one platform. We were quickly proven wrong when we found the ctrader contest as well. But here’s the question, what does the MT4 monthly contest offer? What are the features? Prizes? Admissions? Let’s discuss that.
Let’s start with the prizes, as I’m sure that’s the main thing people are interested in. In total, the broker dedicates $1000 to the contest monthly and splits up the prizes like so. $500 for 1st place, $300 for 2nd, $100 for 3rd and what’s really cool is that they dedicate $100 for the last place. So you can just fail miserably at trading and still come out with a profit. Not saying that the broker encourages failure as it’s just a demo account, so you won’t suffer any real-life losses.
Octafx MT4 contest features
The features of the contest are pretty self-explanatory. You trade on the demo account, keep your gains up at a significant amount and you get a nice prize out of it. One of the best features would be that it is on the demo account. Which means that there are absolutely no risks involved. The octafx MT4 contest is able to accommodate skeptical or newbie traders with this. So even if you’re a veteran or just starting out, there’s no reason why you shouldn’t give it a shot.
The conditions are same with all of the traders. You get an initial deposit minimum of $1000 (but this is virtual money so don’t get alarmed), with a leverage of 1:500 for 28+ currency pairs.
Like any other contest, it’s quite hard to win because of the competition. You won’t necessarily be competing against mid-tier traders exclusively, there could be a number of experts that could provide more competition, but as I’ve said before, there’s nothing to lose with it.
How to win the octafx MT4 contest
This contest has only one category that you can compete in. And that is your gain factor. The equation of the gain factor is the same as the supercharge contest, it’s (personal funds + amount withdrawn – personal funds when deposited) / personal funds when deposited × 100%.
This may sound easy, but it honestly isn’t. To give you a better perspective if you have $1000 as personal funds and you deposited $500 of that and were able to withdraw $300 as winnings. Your gain factor would be 1.6%. To put that more into perspective the last month’s winner had a 21,272.25 % gain factor, which says quite a lot about the competition.
How to join the octafx MT4 monthly contest
Registering for the contest is as easy as it gets. You just register for the demo account like with any other broker. You confirm the email to let the broker know that you are indeed a real person and not a robot. And there you go, you start trading. Simple as that.
You’ll also be able to track how the contest is going through the inbuilt tracker on the platform, so you’ll always know if you need to pump up the speed and volume or if you can just relax for the day. All in all, it’s a solid experience.
Should you participate in the contest?
Why not? It won’t cost you anything and if you’re already devoting time to forex trading during the day, we all know that there are boring moments. You can have two windows open where you trade on your real account on one and your demo account on the other. Plus you can always make the decisions identical so you don’t have to do any extra searching.
In conclusion, the contest is very accessible, it doesn’t require that you deposit anything, it renews every month so you’ll be able to review your performances and it gives a nice way to earn cash without investing too much money. So give it a try, maybe you’ll outtrade everyone.
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Be the first one to find out about available forex trading bonuses that can be trusted
�� octafx | champion MT4 demo contest
| Prizes: | 1 - $500 2 - $300 3 - $100 4 - $60 5 - $40 |
in case the prize funds are used for real trading, the withdrawal limit is 300% of the prize funds (including both the prize funds and profit).
Latest promotions:
Extra promotions:
Great BROKER.
Terpercaya, hadiah dapat di wd sesuai dengan promonya.
Bintang tujuh (Y)(Y)
Last place $100? Reaallly will be paid? Or just marketing gimmick? Any one been paid for last place?
Norul islam
Ibazk
Saya baru saja menerima hadiah dari octa demo champion dan dananya dapat di
wd. Octa is OK .
Fxbonus
Trader
From rules:
the prize is paid into the client's real account at octafx and can be withdrawn
in case the prize funds are used for real trading, the withdrawal limit is 300% of the prize funds (including both the prize funds and profit).
Surinder singh
A new breed of online forex broker, octafx is an award winning ECN/STP broker that is based in saint vincent and the grenadines. This broker was acknowledged by global banking and finance review, an online portal dedicated to covering development in the international financial community, as the fastest growing micro broker in 2012. No doubt, the rapid growth of this broker could be attributed to the high quality services which the broker is providing its clients with. Octafx recognizes that its clients is it most valuable asset and hence strive for perfection. “perfectionism in its best sense, professionalism and goal-orientation is what distinguishes the octafx team”, said the CEO of the parent company, octa markets incorporated.Octafx main trading platform is the industry standard metatrader 4 (MT4). Highly customizable and stable, the trading platform is fully equipped with various technical tools designed to make the trader’s job in analyzing the market easier. The MT4 trading platform is also available for mobiles devices like iphones, android and window powered mobile devices.
All features of the standard version of MT4 trading platform is also available on the mobile version.
Account types
there are two main types of trading account provided by octafx, micro and ECN trading accounts.
• 12 currency pairs + gold and silver
• 5 digits quotes
• expert advisors and scalping allowed
• leverage level is up to 1:500
• margin call level is 25%
• require a minimum of $5 deposit to open
• stop out level is 15%
• require a minimum deposit of $50
• 28 currency pairs + gold and silver
• 5 digits quotes
• expert advisors and scalping allowed
• leverage level is up to 1:500
• margin call level is 25%
• require a minimum of $5 deposit to open
• stop out level is 15%
Commission & spreads
the spreads that octafx charges are floating and they all start from 0.2 pips regardless of the type of trading account.
Customer support
octafx have always pride itself with a high quality support team that is always within the reach of traders 24/5. To get in touch with the support team, traders can either do it through:
• live chat
• filling in the online contact form
• email at [email protected]
• phone: 4001-200970 (china)
1-800-815-304 (malaysia)
+17844574224 (st. Vincent and the grenadines)
As octafx is main clientele base is from china and south east asia, multi-lingual support is available in the following languages:
• bahasa indonesia/malaysia
• mandarin
Reliability
in terms of reliability, octafx have always made this one of its priority. Some of the measures that they have in place include:
Accounts segregation
octafx keeps its corporate funds separate from the clients’ trading funds. This is in accordance to international regulations and accounting standard.
SSL data encryption
personal data and online financial transactions are protection by encryption with SSL encryption technology.
Account verification protocols
all trading accounts have to go through a stringent verification process.
Secured withdrawal
all withdrawal requires an email confirmation thus preventing unauthorized withdrawal by a third party.
3D secure technology for credit/debit card transaction
3D secure technology is used to process all transaction from visa and mastercard to ensure the integrity of the transaction.
Security engineer team
the backoffice of octafx technical environment is monitored 24/7 by a team of security engineers to ensure top level protection.
Pros
the advantages of dealing with octafx are numerous. They include:
• attractive promo offers
• demo account
• fast reliable executions
• free market analysis
• high quality customer support
• low minimum deposit requirement
• provide ecn trading facility
• stable and reliable trading platform
• true ECN/STP services
Cons
although just a micro broker, octafx have managed to cover practically every aspect of their clients’ needs. So far, I can’t seem to find anything wrong with this broker.
Conclusion
to conclude, the award that octafx is well deserved. Despite being a new broker on the forex trading scene, they have managed the hearts and minds of many of their clients with the effort and dedication that they put into providing top notch services to their clients. For those who are in the market for a reliable and efficient forex broker, octafx certainly come highly recommended.
Forex blog : manyforex
Reach you best forex ever
Champion MT4 demo contest by octafx(round-104)
By manyforexadmin
Register in the octafx champion MT4 demo contest, trade your demo account like a champion, win and get fabulous prizes! Any possible trading techniques are welcome, whether eas, scalping, hedging, or whatever you want to use! Be a winner, and a total prize fund of 1,000 USD monthly may be yours.
Contest’s time:
Start – at the beginning of the month
end – at the end of the month
duration: one month
Offer is applicable: for both new and existing clients
How to apply:
-register a contest demo account.
-trade with virtual money.
Contest prizes:
How to gain: achieve the largest contest account equity at the end of the contest time.
Bonus cash out: need to trade a required no. Of lots to cash out bonus
Terms & conditions:
-the contest name is octafx champion, hereinafter referred to as the contest.
-the contest is organized and run by octa markets incorporated, hereinafter referred to as the company.
-the contest duration is 1 month from the start date to the finish date.-registration for the contest is announced prior to its start. During the registration period anyone can register for the contest.
-only persons of legal age are able to take part in the contest.
-each participant must register a new demo account for each contest round.
-each participant agrees to provide real data during the registration. Providing fake data may result in disqualification from the contest.
Octafx MT4 demo trading contest
Demo trading contest on metatrader4 platform to win from $1,000 cash prize!
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Risk free virtual trading contest to win real cash prizes, runs every month.
Contest overview
How to participate
Register and open MT4 demo trading contest account.
Requirements for participants
Anyone above the right legal age can register for the contest.
Octafx runs demo trading contest for MT4 (metatrader4) accounts.
The contest runs every month and octafx rewards real cash prizes to the top 5 traders.
Participation in the contest is free and involves no risks to your own funds as it uses only virtual funds.
Octafx monthly MT4 demo contest
All traders of octafx can participate in this MT4 trading contest with virtual money.
Here are the main rules and conditions of the contest.
| Contest type | MT4 demo accounts |
|---|---|
| contest period | 1 month |
| available for | all traders of octafx |
| required minimum deposit | none |
| cash prize amount | $1,000 |
| number of winners | 5 |
| withdrawal of cash prize | not available |
The contest runs every month, and you have an opportunity to win a cash prize without risking your own funds.
How to participate in octafx’s champion MT4 demo contest?
To participate in the contest, you must open the specific contest account.
Follow the steps below to join the contest.
- Signup for octafx for free
you only need to register your client profile with octafx. - Champion demo contest account
login to octafx’s client portal from the official website and open the contest account.
- Download MT4 trading platform of octafx and wait until the contest starts
you can download octafx MT4 from the official website. You cannot start trading until the contest round starts. The start date of each contest round can be found in the official website.
- Start trading to win the cash prize
the participants with the highest account balance win the contest and get the cash prizes.
Note that you cannot participate in the contest with any MT4 demo account but it must be the specific contest account opened for each round.
Monthly cash prizes
On the last day of the contest round, all open positions in all MT4 demo contest accounts will be closed automatically.
Then, the accounts with the highest balances win the main cash prizes as follows:
The cash prizes are available for both trading and withdrawal with no limit.
Trading conditions of the contest account
The trading conditions of the MT4 demo contest account is similar to octafx’s micro account type .
Please refer to the table for the full specifications.
| Initial deposit amount | 1,000 USD |
|---|---|
| leverage | 1:500 |
| minimum trading volume | 0.01 lots |
| maximum trading volume | unlimited |
| trading strategies | all trading techniques or eas are allowed |
| available financial instruments | 28 currency pairs, gold and silver |
You can find out more about the contest and the account type in the official website.
Cash prize is available for withdrawal
Octafx’s MT4 demo trading contest gives away real cash prizes for the top 5 performing traders.
The prizes credited into winners’ trading accounts are available for withdrawal with no limit.
The prize funds can also be used for trading.
Posted by FXBONUS.Info
Please check octafx official website or contact the customer support with regard to the latest information and more accurate details.
Octafx official website is here.
Please click "introduction of octafx", if you want to know the details and the company information of octafx.
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: practice trading for free with $5000 USD or more in demo account with currencies, cfds, stocks, metals, crypto, and other assets. At octafx demo contest
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- Posted by FXBONUS.Info
- Forex demo contests 2021
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