Registration for InstaForex yearly demo contest has been opened. The contest titled InstaForex Great Race 2016 will be held on demo accounts where every participant will receive $100,000 as initial deposit and have grow it to be the winner.
Registration for InstaForex yearly demo contest has been opened. The contest titled InstaForex Great Race 2016 will be held on demo accounts where every participant will receive $100,000 as initial deposit and have grow it to be the winner.
InstaForex Great Race 2016 consists of four stages and the final which will be held from March 7 to December 23, 2016. Each stage will run for a month, with registration open till an hour after the competition begin. Registration for the first stage which will be ongoing from March 3 till April 8 has been opened since January 18.
Contestants will participate by trading in demo account using the funds provided. After each contest stage finished, all trades automatically closed. At least 14 days later, contestant with the largest remaining deposits will be announced as the winners. To fully participate in the contest, contestant have to register new demo account in every stage.
In each stage, there will be 11 winner, with prizes starting from $100 up to $3000. Besides the money prize, the winner of the stages gets bonus points which can be used in the final. While the final will choose 14 winners with prizes starting from $100 for the 14th place up to $6000 for the first place. The prize funds will be credited to the winner's live account and is unwithdrawable. However, if you happen to win and use the funds to trade then gained profit, the profit can be withdrawn.
InstaForex Great Race 2016 is a nice chance to test your knowledge in Forex trading and an opportunity to win real funds to trade for real. If you are interested, go to InstaForex Great Race 2016 page to register and check the detailed rules. Just keep in mind that if you want to be able to use the prizes, then you should also register a live account with the well-known Russian-based forex broker.