Cyprus-based forex broker FXTM is restarting its Forex Factor Demo Contest this month, providing 3,000 USD for first prize winner as well as a total of 2,600 USD to be shared between 8 other winners.

Do you have the X factor needed to succeed in forex trading? Many questions this, and the answer may come in various ways. But undoubtedly, one of them is by competing in forex trading contest; not only it will enable a trader to prove his/her strategy's worth, one can also gain not small prizes. Cyprus-based forex broker FXTM is restarting its Forex Factor Demo Contest this month, providing a suitable place to compete free of charge.

FXTM demo contest

The Forex Factor demo trading contest will take place at April 13 till April 24, 2015. Registration has been open since March 16, but there are still time to join because interested traders have time till the last day of the contest to register. The demo trading contest will choose one winner to receive 3,000USD first prize as well as 8 winners to get monetary rewards between 200USD and 800USD, which will be added into their live accounts. This is not the first time similar competition hosted by FXTM, as last year they organized a Forex Factor demo trading contest too. At that time, the first place winner seat was claimed by a Vietnam trader named duclinhxq.

Are you interested? The contest is open for both FXTM clients and non-clients. A simple registration procedure can be accessed in FXTM website.

Forex broker FXTM is relatively new in the forex industry, having just been established in 2012 as an ECN/STP broker. However, the company has quickly progressed to be quite well-known among traders due to its vast advantages and improvements. Recently they have taken the initiative to eliminate deposit fees and declared instant withdrawals as fast as within a few minutes. Also, in an attempt to emphasize its educational content, FXTM started scheduling weekly webinars last month.