Forex industry is an extremely competitive business, be it among retail traders or retail brokers. If traders are competing in demo and live forex trading competition, then the brokers are competing in providing the biggest prize. In that competition, we could say that Armada Markets might have won the prize with the launch of Armada Demo Cup 2014.

Forex industry is an extremely competitive business, be it among retail traders or retail brokers. If traders are competing in demo and live forex trading competition, then the brokers are competing in providing the biggest prize. In that competition, we could say that Armada Markets might have won the prize with the launch of Armada Demo Cup 2014. Although, IronFX might give them a run for their money with their frequent forex competition and fantastic prizes, such as the one we will tell you below.

Armada Demo Cup 2014 is a forex trading contest with total prize amounted to 20000 USD. The forex competition consist of five rounds and a finale. At the start of the competition, each contestant will begin with 10000 USD virtual money and 1:500 leverage. Ten traders with the highest balance will be taken from each rounds to go to the finale and get the little prizes of 1000 USD (winner), 500 USD (runner up), 200 USD (2nd runner up), and 100 USD (4-10th place). In the finale, a winner will gain 5000 USD, and two others will get 2000 USD and 1000 USD respectively.

armada

What's impressive is that although it is a demo account competition, winners can withdraw the prizes through their account in Armada Markets. So, yes, you have to own an account with Armada Markets in order to withdraw, but you don't have to own an account with them to compete in the contest. Just register, and trade on.

Sounds tempting, doesn't it? So, what are you waiting for? Go on to Armada Markets. The first round have just started this month, and the next rounds will be on from June, July, September, dan October. There is still time to perfect your strategies before the November finale.

However, if you are a fan of FC Barcelona, you might choose to concentrate on IronFX May Demo Trading Competition instead, because they have prepared a VIP ticket to FCB Camp Nou for the winner, plus flight and hotel accommodation! Marvelous, isn't it? The contest is also took place from the beginning of this month.

ironfx

Better yet, IronFX brands of forex competition is divided into three regions: Europe, Asia, and the Rest of the World. From each competing region will be chosen three winners. Therefore, there will be three VIP tickets and six other regular tickets. The main winner will get the aforementioned marvelous prize, while the second winner will get regular ticket plus hotel accommodation, and the third will only get the regular ticket. Still, if you are a Barcelonista, this forex competition might be more attractive than Armada Demo Cup.

Though, when we think about it, there's nothing wrong with competing in both. That way, when you managed to get the ticket to visit Camp Nou, you'll have some pocket money to buy some souvenirs, right!?