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Demo Trading Challenge

Broker: eToro      Other eToro bonuses (2)      Duration: Every week      Status: Active      Type: Demo Contests
About

To participate in eToro demo trading challenge it’s just necessary to open a free demo trading account, join the contest and begin trading. Top 10 demo accounts with the most profit during 1 week will then receive real cash prizes: 1st place — $1,000, 2nd — $750, 3rd — $500, from 4th to 10th — each place gets $250, from 11th to 20th — each place gets $200, from 21st to 30th — each place gets $150 and from 31st to 80th — $100. The prize will be credited to the real trading account upon depositing at least $250 to that account within one week after winning the contest.


Example

You start with a demo trading account with $10,000 virtual money. During one week (from Sunday to Sunday) you trade on your demo account and earn profit. By the end of the week you have $11,500 profit, which qualifies you for the 8th place. Your prize of $250 is transferred to your real trading account at eToro after you deposit your own $250 to that account.. You can withdraw it as soon as you trade 25 standard lots or equivalent.


Special conditions
  1. Holders of the funded real accounts can't participate in this challenge.
  2. U.S. residents can't participate.
  3. You'll have to trade at least 25 mini lots per $25 of bonus to make it withdrawable.
Rating:
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Reviews
maruf 2011-01-04 00:32:26
Good offer from etoro.I was practicing on them since last month.They are selecting 100 best demo trader each week and giving them money to their real trade account,which is good.But you will get this prize after making your first deposit and their minimum deposit is $50.This tricky part may become hard for a newbie.How many newbie can deposit $50? You'll even have to trade at least 25 mini lots per $25 of bonus to make it withdrawable.so,winning the challenge can be nothing for many people .But after all,practice makes a man perfect.so,demo trader should run for it
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