- Trader Contest - Dukascopy Community
- Forex Demo Contests and Competition
- The Most Popular Forex Demo Contests in 2021
Trader Contest - Dukascopy Community
Current contest , 1 April Terms and conditions 1. Registration, participation terms, contest period of the forex demo contest 1. Terms of trading of the forex demo contest 2. The reasons for disqualification can be the following - Violation or non-observance of the " Client Agreement "; - Registration of several contest accounts by the same physical person or the presence of several client profiles belonging to the same physical person; - Opening of opposite trades of big volume at almost the same time and using the same pairs; - Use of quotes flow failures to make guaranteed profits; - Presence of contest transactions, including lock trades, whose duration is less than 2 minutes; - Ascertainment or suspicion that a Participant has committed any kind of fraudulent action for being listed among the winners.
Winners determination and prizes getting 3. Maximal relative drawdown Maximal relative drawdown shows a percentage of losses in an account. Risk Risk ratio depends on the trading history and is calculated automatically based on the following parameters weight factor is indicated for each parameter : 1.
Maximal relative drawdown weight factor 0,5 2. Maximal deposit utilization rate weight factor 0,3 3. Leverage weight factor 0,1 4. Account lifespan weight factor 0,1 Each of the parameters above has its own scale from 1 to 10 points and its own weight in the final risk estimation. Account lifespan weight factor 0,1 Preset value is 10 points. Results The contest was held from Account Maximal relative drawdown Maximal deposit utilization rate Leverage. Follow us in social networks! Although there are not so many of them, there still are some that you can enjoy. Agea broker is one of the platforms that offer Monthly Demo contests, in which everyone can participate.
The only thing that you need to do is simply open a demo account, win the competition, and withdraw the money that you won. The contests take place on the Agea Streamster platform, which is available for Windows desktops or web platforms. The traders are initially receiving 10, virtual money, and they can trade with leverage set at The top 3 traders who gain the highest profits will be the winners of the competition. Forex live contest is a competition hosted by a Forex broker. These type of competitions are not for everyone and mostly fits the needs of the experienced Forex brokers.
To be more successful at these types of contests, make sure to join the Forex demo contests first to gain some experience. With live trading contests, you have the ability to trade regularly, while also having a chance of winning some of the best awards. However, before you go out there and start participating in these types of competitions, make sure to read everything about the competition very carefully.
Ensure that you can fulfill the terms and conditions offered by the broker, also, confirm that you have sufficient funds for the competition. Keep in mind that the broker has the right to disqualify you in case they suspect any type of false information or documents. For live competitions, you need your own money to trade. However, because of this, in most cases, the prizes are a lot higher than demo account competitions. However, it is very important to be very safe while enjoying one of these competitions, make sure that you are using the right Forex broker, learn as much as you can about the competition, ask the question you might have, and always be ready to make moves!
There are many things that you need to keep in mind while taking part in Forex trading competitions. Remember that the field of Forex is one of the riskiest fields on the market, and for you to be safe, you need to make sure that you learn as much as you can.
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- Forex Demo Contests in April | Trader's Competition.
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For learning, one of the greatest tools is the demo accounts, which in turn, offer you the chance to start Forex trading without your own funds. Although you might not get super-rich with these, you get the ability to test your strategies, work on the way you trade, get to know with the field of Forex, and this can lead to a very successful trading future.
Forex Demo Contests and Competition
Also, make sure to always take into consideration the rules that are in place with a certain competition. In most cases, these rules are created to keep you safe, and following them can make chances for winning even higher. Also, we would recommend starting trading slowly. Once you have mastered competitions on demo accounts, try to transition to live competitions, that can offer you much bigger prizes.
While looking for competitions, one of the most important parts is the broker that created that competition. There are hundreds of different Forex brokers on the market offering their services to people worldwide, but what makes one better than the other? Among many other things, one thing that you need to look out for the most is the authorization and license that the broker owns.
There are so many people who are saying that regulations are not important and that they do not make any difference, however, we believe that regulations are something that makes the field of Forex more accessible and trustworthy for many people.
The Most Popular Forex Demo Contests in 2021
All of these different organizations are working very hard to make sure that you and your funds can stay safe. Also, while looking for the best broker for the forex challenge , make sure that the company is well-known and has a long history of offering a safe and secure environment for people worldwide. We believe that by learning as much as you can about a certain Forex broker, you can make sure to stay as safe as possible, and for Forex trading, the safety of you and your funds is one of the most important aspects. Competitions in Forex trading is something that is making this field more accessible for everyone around the world.
The fact that demo contests are so popular means that even people who did not have any access to the world of Forex are now able to start trading for fun, and then win real-life funds and continue trading on some of the best trading platforms worldwide. This is making the field of Forex even more accessible for everyone around the world, and this helps the whole field to further develop. However, make sure to always check the details about the different challenges that you want to participate in.
There can be many details that you need to know about, for example, there are certain Forex brokers who do not allow people to withdraw the funds that they have won in different types of challenges, which can be quite problematic for many. So, to stay safe and informed, always make sure to read the guides and rules before you start participating in a challenge, and remember that the market is full of opportunities, so if you do not like something about one of the contests, try to look for other platforms, there are hundreds of them you can choose from.
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If you want to clarify the details of registration, please here. Trade like a champ. Gain policy: Time-weighted returns twr.
Signature awards: personalized crystal trophies for the top three places. ForexCup Trading Championship is a brand-new name in online trading competitions with a great legacy. The only limitation is your self-confidence Anyone with an FXOpen account can participate in the Forex championship; the only condition is meeting the minimum deposit and ensuring compliance with the rules.
No restrictions on fair trading methods Traders may use any legal strategies — day trading, long positions, automated trading with EAs. The mission of FTC Our goal is to offer both beginner and experienced traders alike the opportunity to prove themselves and their trading strategies against their fellow peers. You can read more about the FTC philosophy here. Join, trade and compete with the best! Welcome to FTC!