Prizes at stake for winning forex trading competition continue to go higher. This time, it is FXStreet feat. Hantec Markets that goes to place new standard of prize for forex trading competition in demo account.

Prizes at stake for winning forex trading competition continue to go higher. Previously, we have reported IRONFX live forex trading competition with its intergalactic travel prize slash 100,000 USD cash fund. This time, it is FXStreet feat. Hantec Markets that goes to place new standard of prize for forex trading competition in demo account.

FXStreet Competition

On September 9th, popular forex newscaster FXStreet announced a brand new Trader of the Year 2014 contest. The forex trading competition will be held on a demo account in UK-registered forex broker Hantec Market during 12 October- 4 November 2014. Contestants will have 10,000 USD virtual funds and 1:100 to trade with. However, the pair available to be traded is limited to EURUSD, GBPUSD, USDJPY, USDCHF, XAUUSD and USOIL.

The winner will gain various prize packages, including 10,000 USD, 5,000 USD, and 3,000 USD live trading account with Hantec Markets for the first, second, and third place winner, respectively. The cash prizes may be withdrawn only after several requirements are fulfilled by the winners. There are also lifetime ForexTester subscriptions and 6 months  eFXnews premium subscription for the fourth and fifth winner.

Beside of the fact that this event is being held by FXStreet, a string of sponsors lend their credibility to the competition. Hantec Markets is licensed by the UK Financial Conduct Authority (FCA). It is also an award-winning forex broker, having been voted by World Finance Magazine readers as Best FX Broker for South East Asia and Best FX Broker for Western Europe. Other sponsors including eFX News, Forex Tester, Forex Trading.tv, and 2ndSkiesForex.

The competition is open for anyone over-18 years old and is not a resident of the US, Iran, Syria, or North Korea. Registrars are welcome from September 9th to October 19th through FXStreet. Multiple account for the competition is not allowed, as each participant must provide full names, active email address, valid phone number, and country of origins on registration. Sounds simple doesn't it!? For such a high amount of prize, this forex trading competition has surprisingly ordinary terms and conditions. Head on to the site for further information.