To participate in this demo contest you have to open a free $10,000 demo account with 1:25 leverage and register it for the contest. Trading is performed during 4 weeks. The places are distributed on the total profit by all closed positions (the position should close with no less than 10 pips profit or loss to be counted). The 1st place gets $500, the 2nd — $250 and the 3rd — $100. The prizes are transferred to the real trading account registered with FxCompany and can only be used for trading.
You open a free demo account with FxCompany with $10,000 virtual money and 1:25 leverage. You register for the contest and then trade during 4 weeks on this demo account. Your resulting total profit by the end of the contest is $4,560.78, which qualifies you for the 2nd place in the contest. Your prize of $250 is transferred to the real trading account at FxCompany and you can then use this account to earn real profit.
- Only the following currency pairs can be used to trade in this contest: EURUSD, GBPUSD, EURAUD, EURCHF, EURJPY, GBPCHF, GBPCAD, GBPAUD, USDCAD, USDCHF, USDJPY, AUDUSD and NZDUSD. Profit in other instruments can reach no more than 10% of the initial deposit;
- Use of the expert advisors is prohibited;
- Maximum number of simultaneously open orders is 10;
- Traders from the Russian Federation and the former republics of USSR aren't allowed to participate.