Forex contest

Land-FX launches a trading competition with virtual money – the participants required to registered a PAMM trading account.

My list of forex bonuses

There is a new contest each week […] sniper – a weekly demo contest from instaforex.Com, register for the next instaforex weekly demo contest 2020 sniper contest right now. After the registration procedure […]

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.

Demo monthly contest, $6K fund, 20 winners – roboforex

Roboforex demo forex contest january 2021 – the total of 6000 USD prize fund with 20 winners. Participate in the monthly contest held according to […]

Sniper weekly demo contest – instaforex

Sniper – a weekly demo contest from instaforex.Com, register for the next instaforex weekly demo contest 2020 sniper contest right now. After the registration procedure […]

Demo contest, $100K fund, 2021 winners – weltrade

Join the weekly forex trader demo contest by weltrade. Try a risk to the freeway to win cash prizes with the forex trader demo contest […]

Fortnightly demo contest, cash prizes (feb, 01) – FBS

Virtual to real forex demo contest – hotforex

Hotforex virtual to real forex demo contest open for all forex traders to win real trading money – IT is high time to challenge other […]

Fortnightly demo contest, win $500 – grand capital

Rally trade contest by grand capital – test your trading strategies and real prizes. The competition is held every two weeks. The participants start with […]

Fbspro forex demo contest – FBS

Prove yourself to be a real master of the forex market. Join the “FBS pro” monthly demo contest and find your trading art. Become a […]

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 […]

Learn and earn, demo contest – lmfx

Lmfx’s learn & earn contest held in the demo account, thus no monetary risk associated to participate in the competition. Bring an opportunity to earn […]

Christmas sprint live contest – grandcapital

Participate christmas sprint live contest and win a grand prize of $5000 USD that is fully withdrawable without any restrictions. Register for the contest and […]

Weekly demo contest, fund $5k – LAND-FX

Land-FX launches a trading competition with virtual money – the participants required to registered a PAMM trading account. There is a new contest each week […]

Trade day forex 1-day demo contest – roboforex

Roboforex trade day forex weekly demo contest is an excellent chance for everyone to test their knowledge, acquire new skills, and earn the real prize, […]

Demo FX-trading contest – invest-AZ

Investaz presents demo FX-trading contest available for all contestants to participate in the competition. Take the challenge of the monthly demo contest & win one […]

Kingsize MT5 demo contest – roboforex

Roboforex‘s kingsize MT5 demo contest is an excellent chance for everyone to test their capabilities of the metatrader5 trading platform. Where the prize pool is […]

Kamikaze demo contest V7 – MFM securities

MFM securities DEMO CONTEST with 10 prizes for the 10 winners. Sign up with the company if you don’t have an active account already and […]

Forexcup trading contest – fxopen

Take part in the forex contest and get real money prizes and bonuses for live trading. Join forexcup trading contest by FXOPEN and find the […]

Ctrader’s weekly demo contest – octafx

Participate ctrader weekly demo contest to win cash prizes, trade with the ctrader trading platform while chasing the $400 cash prize fund. Be a participant […]

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 […]

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.

�� 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
accentforex \| "master scalper" demo contest	$1000	jan/10/2021
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
MFM securities \| gungho demo contest V1	$600	jan/29/2021
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! "

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.

The broker will specify the competition rules.

Participants start the competition with the same balance.

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

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

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

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.

Latest forex live contest for 2021

Forex live contest is a competition for forex traders. Forex contest arranged by the forex broker. In a contest, each trader invests their own money for real prize money. Each trader starts trading for a limited time. After completing the contest time, brokers announced their winner. There are two types of forex contests (1) forex live contest and (2) forex demo contest. Forex live contest is a stage where a trader can test his/her trading skills with a lot of traders. It’s a big opportunity for traders to win a big fund.

There are a lot of brokers in the market who are arranging a forex contest at various times of the year. Most of the brokers arranging the contest once a time in a year, but a few brokers putting many contests in a single year.

How to win a live forex contest?

There is no magical way to win a forex contest. But here are some rules for forex contests, most of the competitions follow profit gaining method to declare winners. Most profit gainers will be announced as the winner. Here are some techniques for choosing a forex contest.

Read the terms and conditions most carefully.

Is the prize money fully withdrawn?

Deposit and withdrawing during the contest time.

Financial regulations of your broker.

Keep an eye on the news portal because some news influences the market. If you can trade in the market on the news time, you can gain quickly.

Try to join those contests, which will be easier for you.

Overall forex live contest is an excellent opportunity to win extra money by your trading. But it has risks. You can lose your money in this type of competition. Most of the traders are losing their money by joining forex contests. It would help if you learned more and more to win a forex contest. Don’t invest a lot of money which you can’t bear if you lose.

Форекс конкурсы

Форекс брокеры постоянно организовывают разнообразные конкурсы для своих клиентов, чтобы заинтересовать их и привлечь внимание к сайту или торговой платформе. С помощью форекс конкурсов онлайн-брокеры побуждают трейдеров быть более активными и уделять больше внимания своему торговому опыту. В основном, целью форекс конкурсов является тестирование торговых навыков и возможностей трейдеров. Проводимые брокерами конкурсы можно поделить на демо конкурсы и конкурсы на реальных торговых счетах.

Демо конкурсы

Трейдеры могут с легкостью принять участие в демо конкурсах и для этого им не нужно пополнять свои счета. Поддерживая тесные связи с другими трейдерами, которые также интересуются конкурсами, трейдеры могут получить ряд преимуществ. Участие в демо конкурсах дает трейдерам возможность получить ценный торговый опыт и выиграть приз, не вкладывая при этом никаких средств. Поэтому, можно сказать, что такие форекс конкурсы без вложений являются выгодными независимо от того выиграет трейдер или нет. С другой стороны, демо конкурсы также выгодны для форекс компаний, которые проводят подобные конкурсы, так как победители часто продолжают торговать с брокером, в конкурсе которого они участвовали.

Форекс конкурсы оправдывают свою прибыльность для тех, кто принимает в них участие, так как они мотивируют трейдеров больше зарабатывать.

Конкурсы на реальных счетах

Конкурсы на реальных счетах также являются одними из наиболее популярных. С их помощью трейдеры могут получить значительное вознаграждение и преимущества. Участвуя в таких конкурсах трейдеры легко могут протестировать свои торговые навыки. В отличие от демо конкурсов, для участия в конкурсах на реальных счетах необходимо пополнить свой торговый счет. Тем не менее, в конкурсах на реальных счетах не нужно делать ничего особенного, все, что необходимо – торговать в соответствии с условиями, которые установил брокер. Форекс чемпионаты, такие как марафон трейдеров, конкурсы автоматической торговли, самая успешная торговая сделка недели – одни из наиболее известных конкурсов, которые проводят онлайн форекс компании, чтобы подтолкнуть трейдеров на проведение более крупных и прибыльных сделок.

В любом случае, форекс конкурсы оправдывают свою прибыльность для тех, кто принимает в них участие, так как они мотивируют трейдеров больше зарабатывать, при этом развивая свои торговые навыки. В конце концов, все подобные конкурсы открывают новые возможности для трейдеров. Кроме конкурсов посвященных торговле, брокеры также предлагают клиентам конкурсы на лучшую форекс статью, на лучший комментарий на форуме, на нахождение ошибок на сайте и многие другие. В заключении стоит сказать, что на рынке представлено невероятное количество конкурсов форекс трейдеров, некоторые из которых связаны непосредственно с торговлей, другие нет. В любом случае каждый из этих конкурсов является отличным способом заработка дополнительной прибыли.

Форекс конкурсы являются отличным способом развития навыков торговли. Они особенно ценны для трейдеров, которые хотят учится форекс трейдингу на практике.

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 january 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:

Rank	prize 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. Maximal relative drawdown (weight factor 0,5)

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

3. Leverage (weight factor 0,1)

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 - 49,99	9
35,00 - 39,99	8
30,00 - 34,99	7
25,00 - 29,99	6
20,00 - 24,99	5
15,00 - 19,99	4
10,00 - 14,99	3
5,00 - 9,99	2
0 - 4,99	1

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

Maximal deposit utilization rate (%)	points
50,00 +	10
40,00 - 49,99	9
35,00 - 39,99	8
30,00 - 34,99	7
25,00 - 29,99	6
20,00 - 24,99	5
15,00 - 19,99	4
10,00 - 14,99	3
5,00 - 9,99	2
0 - 4,99	1

3. Leverage (weight factor 0,1)

Leverage	points
400 +	10
300 - 399	9
200 - 299	8
150 - 199	7
100 - 149	6
75 - 99	5
50 - 74	4
25 - 49	3
10 - 24	2
1 - 9	1

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 2020.12.01 00:00 till 2020.12.31 23:59

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Forexcup trading championship 2021

Make the history of trading

Prize fund: $50,000

January 1, 2021 — december 31, 2021

Full net return from the deposit

Personalized crystal trophies for the top three places

Compete with the best to achieve your trading GOALS

Forexcup trading championship

Is a brand-new name in online trading competitions with a great legacy. With the support of renowned partners, including global forex and CFD broker fxopen, this is your opportunity to prove your mettle in the trading world.

We commit to providing you with a fair and reliable competition, to allow you to solely focus on your trading and strategies, giving you the best opportunity to prove yourself as the top trader.

The only limitation is your self-confidence

Anyone with an fxopen account can participate in the forex championship; the only condition is meeting the minimum deposit and ensuring compliance with the rules.

The winners receive:

∙ a cash prize of $50,000 (first place);

∙ signature crystal trophies (first three places);

∙ personal brand promotion in press releases, interviews, and articles from the championship provider and its partners (first three places).

Trade any instrument

Choose from spot FX, index, commodity, stock, metal or crypto cfds* and start trading.

*crypto cfds are not available to trade in all jurisdictions.

No restrictions on fair trading methods

Traders may use any legal strategies — day trading, long positions, automated trading with eas. The winner is the trader who demonstrates the most profit at the end of the year. You can read more about the contest rules here.

The mission of FTC 2021

Our goal is to offer both beginner and experienced traders alike the opportunity to prove themselves and their trading strategies against their fellow peers. Your real-time results will be openly displayed, allowing you to see where you stand on the leaderboard throughout the competition.

With this trading competition, we want to create a new type of trading community, which would include traders with proven performance of their methods and strategies. FTC 2021 is designed as a world cup trading competition that helps successful traders like you to gain recognition in this community through an honest contest with objective criteria.

You can read more about the FTC2021 philosophy here.

Take your chance to become a trading icon and gain recognition in a highly competitive online FX tournament. Enroll in the forexcup trading championship now.

So, let's see, what we have: forex demo contests competitions 2021 held among demo accounts, same facilities for all participants. Forex demo competition is a risk-free way to try your trading skills and strategy while competing for prizes! Cash or tradable money or gifts are distributed as prizes for the winners of forex demo contest - find all here! At forex contest