Top10Forex is the weekly demo contest from LiteForex, in which every trader can freely participate. Everyone starts with the same conditions: $10,000 initial demo deposit, 1:500 leverage, margin-call level set to 50% and stop-out level at 20%. The trading lasts from 0:00 GMT+3 Monday till 23:59 GMT+3 Friday. Participants are allowed to trade major currency pairs and currency crosses.
Top 10 traders are awarded with the cash prizes:
The prize sum is transferred to the trader's real account with LiteForex.
You download the LiteForex trading platform and register for this demo Forex contest. During the week of the contest you turn your starting balance of $10,000 into $35,655.97. This qualifies you for a 5th place in the competition. You can now receive a prize of $50, which will be transferred to your trading account with LiteForex.
If any deal lasts less than 2 minutes, the trader is disqualified.
If two participants gain the same amount of profit, LiteForex will decide their final placement.
The prize funds cannot be transferred to an account participating in MultiRebate system.
LiteForex reserves the right to modify the conditions at any time without notification.
The winners may be asked to participate in post-event publicity. In case they refuse to do so, LiteForex reserves the right to cancel their prize and award the next-scoring participant.