Forex Contest Update


Are you up for a little challenge in your somewhat strenuous trading routine? Join a forex contest and prove your trading skills. If your strategy wins, win the prize and take the champion title.

In general, there are two types of forex trading contests: demo trading competition and live trading competition. If you want to enter for free, forex demo contest can be a choice as the event will take in a demo account. However, if you aim for a real challenge with a higher stake and reward, enter the forex live contest.

Excited by the idea? Here is the forex contest update that lists the many competitions avalaible for you at the moment. Not all brokers made it in this list as we have selected them carefully. So, the contests listed here are presented by reliable brokers only.


Offer
Prizes $700

Trade Day Forex 1

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2009


Contest’s Time:

  • Start – Each Wednesday at 12:00:00 P.M
  • End – Each Thursday at 11:59:59 A.M
  • Duration – One Day
  • Registration – All year of 2020

Who Can Join the Contest? All Registered Clients

How Can I Join?

  • Register a contest demo account register
  • Verify your profile and join the forum.

How to gain:

  • Achieve the largest contest account equity at the end of the contest time.

Is Bonus Withdrawal Possible?

  • Need to trade a required no. of lots to cash out Bonus

Special Note: Once you register your contest account you can participate in every month without making an account, your account balance will be reset after the contest ends.

What Are the Key Term & Conditions?

  • After you verify your account, you need to register a nickname at the Company’s official Message Board, which is linked to your Live Account.
    In your Live Account, you have to open only one contest account, which will take part in all competitions.
    Initial deposit — $5,000 (initial balance is deposited one minute before the competition starts).
    Stop Out level — 20%.
    Hedge margin — 25%.
    Leverage — 1:100.
    Account type — MT4 Demo Fix.

  • Prizes of the contest

    1st place — $700 | 2nd place — $550 | 3rd place — $420 | 4th place — $350 | 5th place — $290 | 6th place — $240
    7th place — $180 | 8th place — $130 | 9th place — $90 | 10th place — $50

Are you interested?

Prize
$1K

Fortnightly Demo Contest, Cash Prizes

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2009


Contest Schedule:

  • Contest’s Date: Every 2 weeks, Follow the calendar on their site.
  • Registration: Registration opens until the end of each round.
  • Life-time: 2 Weeks

Who Can Join the Contest? All Clients

How to Apply & Win:

  • Register to the competition, Either the solo or the teams’ criteria
  • Each client can register for both categories

What is the Prize?

  • 1st Prize – USD 450
  • 2nd  Prize – USD 250
  • 3rd Prize –   USD 150
  • 4th Prize – USD 100
  • 5th Prize – USD 50

Is Bonus Withdrawal Possible? The prize money is withdrawable.

What Are the Key Term & Condition?

General terms and conditions apply.

Are you interested?

Offer
Prize $10,000

Best of the Best Contest, $10,000 Fund

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2005


Contest’s  Time:

  • Start – At the beginning of each month
  • End – At the end of the month.
  • Duration –  1-Month
  • Registration – All year of 2020

Who Can Join the Contest? All clients, Except clients from USA, Japan, Israel, and EU countries.

How Can I Join?

  • Register an account with LiteForex
  • Verify your account
  • Register a Nick-Name for each round of the contest

To win:

  • Best 5 traders with Profitability/risk ratio at the end of the competition.

Is Bonus Withdrawal Possible?

  • Prize Money – NO
  • Profits – Yes, All earned profits traded through prize money can be withdrawn.

Competition’s Prize Money:

  • 1st Prize –  $4000 | 2nd Prize – $2500 | 3rd Prize – $1500  | 4th Prize – $1000 | 5th prize –  $1000

What Are the Key Term & Condition? – LiteForex Monthly Competition

Clients’ account need to be verified before joining the contest.

General terms and conditions apply.

Are you interested?

Fund
$6000

Demo Monthly Contest, $6K Fund, 20 Winners

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2009


Contest’s Date:

  • Start – At the beginning of the Month
  • End –  At the End of the Month
  • Duration – 4 Weeks
  • Registration time: All Year 2020

Who Can Join the Contest? For both new and existing clients.

How Can I Join?

  • Verification your Members Area, If you don’t have an account already.
  • Register to the contest’s nickname, which is linked to your Members Area
  • Open a contest account, which will take part in all competitions

How to Win the Prize?

  • The traders with the highest profits in percentage.

Is Bonus Withdrawal Possible?: 

  • Prize Money – NO
  • Profits Generated – All profits generated traded through prize money are withdrawable.

What is the Prize? Total Prize money of USD 6000 will be distributed as below

  • 1st Prize – 800 USD | 2nd Prize – 700 USD | 3rd Prize – 600 USD | 4th place – 550 USD
  • 5th place -500 USD | 6th place -450 USD | 7th place -400 USD | 8th place -350 USD
  • 9th place -300 USD | 10th place -200 USD | 11th place -190 USD | 12th place -180 USD
  • 13th place -170 USD | 14th place -160 USD | 15th place -100 USD | 16th place -90 USD
  • 17th place -80 USD | 18th place -70 USD | 19th place -60 USD | 20th place-50 US

What Are the Key Term & Conditions?

  • After you verify your account, you need to register a nickname at the Company’s official Message Board, which is linked to your Live Account.

  • In your Live Account, you have to open only one contest account, which will take part in all competitions.

    • Trading platform — MT4
    • Initial deposit — USD 5,000
    • Stop Out level — 20%.
    • Hedge margin – 25%
    • Leverage — 1:100
    • Hedge margin – 25%
    • The maximum transaction volume is 0.1 lot.

    Expert Advisors (scripts) are prohibited

  • Several participants can’t use the same IP-address (PC).

Are you interested?

Offer
Live Contest

Trader of the Month Live Contest

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2014


Contest’s Time:

  • Start: Begining of each month
  • End:  Last day of the Month
  • Registration Period: Participation is automatic once maintain the required account balance

Who Can Join the Contest? All clients

How Can I Join?

  • Open a Tickmill account, If you don’t have one already
  • Maintain a minimum balance of $500 USD

To win: Achieve the highest profits in percentage including Drow-down and risk-reward metrics.

Prize Is Bonus Withdrawal Possible?:

  • All prizes are real cash, you can trade or withdraw anytime.

What is the Prize?

  • 1st place – $1000 USD

What Are the Key Term & Condition?

General terms and conditions apply.

Are you interested?

Offer
Prize $1000

KingSize MT5 Demo Contest

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2009


Contest’s Date:

  • Start – Starts at 8:00:00 p.m. Each Thursday
  • End –  Finishes 7:59:59 p.m. Each Friday
  • Duration – Contest Held on every week, Only for 24 hours Thursday- Friday
  • Registration time: All Year of 2020

How Long is the Bonus Available? Up to December 31, 2020

Who Can Join the Contest? For both new and existing clients.

How Can I Join?

  • Register an MT5 Demo PRO account
  • Verify your profile and join the forum.

How to Win the Prize?

  • Order with the biggest volume.

Is Bonus Withdrawal Possible?

  • Need to trade a required no. of lots to cash out Bonus, Though all Profit is available to withdraw.

Special Note:

  • Once you register your contest account you can participate in every month without making an account; your account balance will be reset after the contest ends.

What is the Prize?

Total Prize pool — $1000.
The prize pool is distributed among ten best traders at the end of the competition

What Are the Key Term & Conditions?

  • After you verify your account, you need to register a nickname at the Company’s official Message Board, which is linked to your Live Account.

  • In your Live Account, you have to open only one contest account, which will take part in all competitions.

  • Trading platform — MT5

  • Initial deposit — $1,000

  • Stop Out level — 20%.

  • Leverage — 1:200.

  • Account type — MT5 Demo Pro.

  • Expert Advisors (scripts) are prohibited

  • Several participants can’t use the same IP-address (PC).

Are you interested?

Offer
Prize 2,000 USD

Virtual to Real Forex Demo Contest

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2010


Registration Time: December 31, 2020

Contest’s Date:

  • Start – Beginning of Each month
  • End – At the End of the Month
  • Registration – Till the contest last

Who Can Join the Contest? Both new and existing clients.

How Can I Join?

  • Register my HotForex account
  • Open a Contest account
  • Each month need to open a new Contest account for each round of the competition

How to Win the Prize?

  • Top 3 traders with the highest final balance.

Is Bonus Withdrawal Possible?: 

  • All Profits made through contest’s prize are withdraw-able
  • Need to complete 10 Standard Lots of Trade to request a withdrawal.

What Are the Key Term & Conditions?

  • The participant needs to register for each round of the HotForex demo account through registration can be done any time until the contest last.

  • The initial balance will be provided of 10,000 USD

  • Each contestant should have a unique IP

  • Before getting the prize account needs to be verified.

  • Prizes For Forex Demo Contest – Hot Forex
    • 1st Prize    2,000 USD Credited into a Live Account
    • 2nd Prize  1,000  USD Credited into a Live account
    • 3rd Prize   500     USD Credited into a Live Account

    Are you interested?

Offer
Prizes $450

FBSPro Forex Demo Contest

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2009


Contest’s Time:

  • Registration time: All Year of 2020
  • Contest Duration: 2 weeks

How Can I Join? Register a demo account.

How to Win the Prize? Get the highest Profit

Is Bonus Withdrawal Possible?  Prize funds are withdraw-able and can be withdrawn anytime.

What Are the Key Term & Conditions?

  • Demo account balance for the Contest is  $10000

  • leverage is 1:100

  • One IP Per account and use of Proxy is prohibited.

  • Prizes for FBSPro Forex Demo Contest-

    1. Place $450 | 2. Place $250 |3. Place  $150 |4. Place  $100 | 5. Place $50

Are you interested?

Fund
$6000

Demo Monthly Contest, $6K Fund, 20 Winners

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2009


Contest’s Date:

  • Start – At the beginning of the Month
  • End –  At the End of the Month
  • Duration – 4 Weeks
  • Registration time: All Year 2020

Who Can Join the Contest? For both new and existing clients.

How Can I Join?

  • Verification your Members Area, If you don’t have an account already.
  • Register to the contest’s nickname, which is linked to your Members Area
  • Open a contest account, which will take part in all competitions

How to Win the Prize?

  • The traders with the highest profits in percentage.

Is Bonus Withdrawal Possible? 

  • Prize Money – NO
  • Profits Generated – All profits generated traded through prize money are withdrawable.

What is the Prize? Total Prize money of USD 6000 will be distributed as below

  • 1st Prize – 800 USD | 2nd Prize – 700 USD | 3rd Prize – 600 USD | 4th place – 550 USD
  • 5th place -500 USD | 6th place -450 USD | 7th place -400 USD | 8th place -350 USD
  • 9th place -300 USD | 10th place -200 USD | 11th place -190 USD | 12th place -180 USD
  • 13th place -170 USD | 14th place -160 USD | 15th place -100 USD | 16th place -90 USD
  • 17th place -80 USD | 18th place -70 USD | 19th place -60 USD | 20th place-50 US

What Are the Key Term & Conditions?

  • After you verify your account, you need to register a nickname at the Company’s official Message Board, which is linked to your Live Account.

  • In your Live Account, you have to open only one contest account, which will take part in all competitions.

    • Trading platform — MT4
    • Initial deposit — USD 5,000
    • Stop Out level — 20%.
    • Hedge margin – 25%
    • Leverage — 1:100
    • Hedge margin – 25%
    • The maximum transaction volume is 0.1 lot.

    Expert Advisors (scripts) are prohibited

  • Several participants can’t use the same IP-address (PC).

Are you interested?

Offer
Live Contest

Trader of the Month Live Contest

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2014


Contest’s Time:

  • Start: Begining of each month
  • End:  Last day of the Month
  • Registration Period: Participation is automatic once maintain the required account balance

Who Can Join the Contest? All clients

How Can I Join?

  • Open a Tickmill account, If you don’t have one already
  • Maintain a minimum balance of $500 USD

To win: Achieve the highest profits in percentage including Drow-down and risk-reward metrics.

Prize Is Bonus Withdrawal Possible?

  • All prizes are real cash, you can trade or withdraw anytime.

What is the Prize?

  • 1st place – $1000 USD

What Are the Key Term & Condition?

General terms and conditions apply.

Are you interested?

Offer
Prize 2,000 USD

Virtual to Real Forex Demo Contest

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2010


Registration Time: December 31, 2020

Contest’s Date:

  • Start – Beginning of Each month
  • End – At the End of the Month
  • Registration – Till the contest last

Who Can Join the Contest? Both new and existing clients.

How Can I Join?

  • Register my HotForex account
  • Open a Contest account
  • Each month need to open a new Contest account for each round of the competition

How to Win the Prize?

  • Top 3 traders with the highest final balance.

Is Bonus Withdrawal Possible? 

  • All Profits made through contest’s prize are withdraw-able
  • Need to complete 10 Standard Lots of Trade to request a withdrawal.

What Are the Key Term & Conditions?

  • The participant needs to register for each round of the HotForex demo account through registration can be done any time until the contest last.

  • The initial balance will be provided of 10,000 USD

  • Each contestant should have a unique IP

  • Before getting the prize account needs to be verified.

  • Prizes For Forex Demo Contest – Hot Forex
    • 1st Prize    2,000 USD Credited into a Live Account
    • 2nd Prize  1,000  USD Credited into a Live account
    • 3rd Prize   500     USD Credited into a Live Account

    Are you interested?

Offer
Prizes $450

FBSPro Forex Demo Contest

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2009


Contest’s Time:

  • Registration time: All Year of 2020
  • Contest Duration: 2 weeks

How Can I Join? Register a demo account.

How to Win the Prize? Get the highest Profit

Is Bonus Withdrawal Possible?  Prize funds are withdraw-able and can be withdrawn anytime.

What Are the Key Term & Conditions?

Offer
Prize 500 USD

Champion MT4 Demo Contest

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2011


Contest’s Time:

  • Start – At the beginning of the month
  • End – At the end of the month
  • Duration: One month
  • Registration: All year, 2020

Who Can Join the Contest? For both new and existing clients

How Can I Join?

  • Register a contest demo account.
  • Trade with virtual money.

How to gain: Achieve the largest contest account equity at the end of the contest time.

Is Bonus Withdrawal Possible? Need to trade a required no. of lots to cash out Bonus

Special Note: Once you register your Champion Demo Contest account you can participate in every month without making an account, your account balance will be reset after the contest ends.

Prizes of the contest

1st prize gets 500 USD | 2nd prize gets 300 USD | 3rd prize gets 100 USD | The last place receives another 100 USD

Are you interested?

Offer
Live Contest

Live Contest for $50 Deposit, Win 16 Car & more

Available Until : Aug 17 2021

Broker Rating :

Established : Since 2011


Contest’s Date: There’s a new contest in every 3-month throughout the contest deadline.

  • Registration Date: Till the end of the contest
  • Start – August 17, 2020
  • End  – August 17, 2021
  • Duration – One Year

How Can I Join?

  • Open a real Micro (MT4) or Pro (MT5) account, If you are a new client
  • Register for the contest
  • Deposit at least 50 USD

To win:

  • Gain, Profit Factor, or Traded Volume

What is the Prize? The prizes are divided into the following categories

The Prizes in the global/world region (for a single prize drop):

  • First prize: Honda Civic
  • Second prize: 3 × MacBook Air 2019
  • Third prize: 3 × Samsung Galaxy S20
  • Fourth prize: 3 × Apple Watch

The Prizes in the India region (for a single prize drop):

  • First prize: Volkswagen T-Roc
  • Second prize: 3 × MacBook Air 2020
  • Third prize: 3 × Samsung Galaxy S20
  • Fourth prize: 3 × Samsung Galaxy Watch Active2

The Prizes in the Indonesia region (for a single prize drop):

  • First prize: Mitsubishi Xpander
  • Second prize: 3 × MacBook Air 2019
  • Third prize: 3 × Samsung Galaxy A71
  • Fourth prize: 3 × Samsung Galaxy Watch Active

The Prizes in the Malaysia region (for a single prize drop):

  • First prize: Honda Civic
  • Second prize: 3 × MacBook Air 2020
  • Third prize: 3 × Samsung Galaxy S10
  • Fourth prize: 3 × Samsung Galaxy Watch

What Are the Key Term & Conditions?

  • Before getting the prize, the account needs to be verified.

  • General terms and conditions apply.

Are you interested?

Offer
150 USD

cTrader’s weekly Demo contest

Available Until : Dec 31 2020

Broker Rating :

Established : Since 2011


Contest’s Time:

  • Start – At the beginning of each week.
  • End – At the end of the week
  • Duration: One Week
  • Registration Date: Available till the contest ends.

Who Can Join the Contest? Both new and existing clients.

How Can I Join?

  • Register for the contest

How to Win the Prize? End with the highest equity

Is Bonus Withdrawal Possible?  Prize money is withdrawable.

What Are the Key Term & Conditions?

  • Each client can register one account.

  • Each client requires registering a new account for each round of the contest.

  • cTrader Demo Competition Prizes

    1st place  150 USD | 2nd place  100 USD | 3rd place 75 USD | 4th place 50 USD | 5th place 25 US

Are you interested?