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Top10Forex

Broker: LiteForex      Other LiteForex bonuses (5)      Duration: Every week      Status: Active      Type: Demo Contests
About

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:

  1. $200
  2. $100
  3. $70
  4. $60
  5. $50
  6. $40
  7. $30
  8. $20
  9. $15
  10. $10

The prize sum is transferred to the trader's real account with LiteForex.


Example

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.


Special conditions

If any deal lasts less than 2 minutes, the trader is disqualified.

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