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InstaForex Great Race 2018

Broker: InstaForex      Other InstaForex bonuses (13)      Duration: From 2018-01-22 to 2018-12-21      Status: Active      Type: Demo Contests
About

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:

  1. From 2018-03-18 to 2018-04-20 with a registration period between 2018-01-22 and 2018-03-18.
  2. From 2018-05-21 to 2018-06-22 with a registration period between 2018-03-19 and 2018-05-20.
  3. From 2018-07-23 to 2018-08-24 with a registration period between 2018-05-21 and 2018-07-22.
  4. From 2018-09-24 to 2018-10-26 with a registration period between 2018-07-23 and 2018-09-23.

The final will be held from November 19th, 2018 till December 21st, 2018. The registration period for the final is between 2018-09-24 and 2018-11-18.

The prizes for the first 4 steps are the following:

  1. $3,000
  2. $2,000
  3. $1,500
  4. $800
  5. $600
  6. $400
  7. $300 + 40 bonus points
  8. $250 + 30 bonus points
  9. $200 + 20 bonus points
  10. $150 + 10 bonus points
  11. $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 are the following:

  1. $6,000
  2. $3,500
  3. $2,300
  4. $1,500
  5. $1,000
  6. $850
  7. $750
  8. $550
  9. $350
  10. $300
  11. $250
  12. $200
  13. $150
  14. $100

You should register a real trading account with InstaForex if you don't have one yet.


Example

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. During the first two contests you don't win anything. In the 3rd one you take 7th place and win $300 and 40 bonus points. In the fourth one you end up 4th with a $800 prize. In the finals, you start with additional $40,000 (for the bonus points) and manage to take the 2nd prize of $3,500. This totals in $4,600 total bonus that can be used to trade and earn profits.


Special conditions

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.

Rating:
4.0 (3)
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Reviews
shashank 2010-06-17 07:55:54
Great concept . Offers many people of different currency to participate.the best part is it has different level with different prizes and bonus and negative part is that its all demo. no real currency is involved.
BonusInspector 2010-04-07 15:53:39
A great concept of the challenge that spans in several rounds, giving chance to many currency traders to try their luck (and skills, of course). Presented by InstaForex, the guys that started to offer a lot (too many, I'd say) bonus programs recently. The good part is that there are many prize places and that you don't have to pay a dime to participate and earn money. The bard part is that, as always with InstaForex's bonuses, you won't be able to withdraw the prizes. Anyway, even $100 can be a nice addition to every trading account.
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