UK FCA and Cyprus CySEC-regulated forex broker FXTM is currently accepting registration to forex demo trading contest titled Forex Factor Demo Contest. The registration is open 'till December 12th.
It's been quite some time since the last time we reported a brand new forex demo trading contest. Beside of because most demo trading contests are held year-round with no repeat winner allowed, there are overabundant of scams lately. At times like these, it feels good to be able to report on a new contest from a bonafide broker that might bring us luck and prosperity.
UK FCA and Cyprus CySEC-regulated forex broker FXTM is currently accepting registration to forex demo trading contest titled Forex Factor Demo Contest. The registration will open till December 12th, while the competition will go on for two weeks from December 1st-December 12th, 2014.
At the start of the competition, all contestants will be given 100,000 USD virtual money to be used. The winner will be the contestant who has the highest ratio of profits in percentage terms during the competition period. It will be calculated as: [Net Profits ÷ All Deposits] x 100 = XX.XX %
Participant of the contest will battle it out to get the first winner prize of 3000 USD in a live account. However, lower sized prizes totaled at 1,600 USD will be distributed to seven others who end the competition as the 2nd-8th trader with highest profit percentage. All prizes could be withdrawed after the winner fulfilled minimum lots traded requirement by trading with the live account.
FXTM is a relatively new forex broker, but it has trailblazed across continents, with their name now is referred in respected nuances both in Europe and in Asia. They will need more time to prove their reliability as a forex brokerage service provider; and so, this is the time for you to see their hard work by yourself. Are you interested in learning more about FXTM while getting the 3,000 USD prize? Join the contest by registering an account for FXTM.