Great Race from InstaForex is a multi-step Forex demo trading contest, which consists of 4 steps and a final. The entry to the contest is free and can be made at any step. Each trader starts with a $100,000 demo account.
The four steps are performed during the following periods:
- From 2012-04-30 to 2012-05-25 with a registration period between 2012-04-02 and 2012-04-29.
- From 2012-06-25 to 2012-07-27 with a registration period between 2012-04-30 and 2012-06-24.
- From 2012-08-27 to 2012-09-28 with a registration period between 2012-06-25 and 2012-08-26.
- From 2012-10-29 to 2012-11-30 with a registration period between 2012-08-26 and 2012-10-27.
The final will be held from December the 3rd, 2012, till December the 31st, 2012. The registration period for the final is between 2012-11-05 and 2012-12-02.
The prizes for the first 4 steps are the following:
- $300 + 40 bonus points
- $250 + 30 bonus points
- $200 + 20 bonus points
- $150 + 10 bonus points
- $100 + 5 bonus points
The bonus points will increase the starting balance in the final contest by $1,000 per each bonus point, giving a solid advantage to the trader.
The prizes for the final contest of the Race are the following:
You should register a real trading account with InstaForex if you don't have one yet.
You decide to participate in all four steps of the contest and the final. You already have a real account with InstaForex, so all you have to do is to register for each of the step during the registration periods mentioned above. During the each contest step you can win money prizes and the bonus points for the final.
For example, during the first contest you take the 6th place and win $600. In the second one you end up below the least prize place. In the 3rd one you take 4th place and win $800. The fourth one is ended at 9th place for you, with a $200 cash prize and 20 bonus points. In the final you start with additional $20,000 (because of the bonus points) and manage to take the 3rd prize of $2,300. This totals in $3,900 total bonus that can be used to trade and earn profits.
You can choose a no-swap or a swap account for the trading contest.
Yoг can use any trading strategy or expert advisor without any limitations.
You can trade with any available trading instrument, except Gold.
The maximum amount of open orders (including pending) is 5.
The minimum size of the order is 0.01 lot, the maximum — 10 lots.
The prizes are credited to your real trading account but can't be withdrawn. The profit made from them can be withdrawn freely at any time.