1. Forex4You features forex trading contests, which are held on a weekly, monthly and quarterly basis, and always start on Monday at 00:00 Central European Time (GMT+1).
2. Only real (live) accounts may participate in the contests. However, there are no requirements in regards to the minimum balance you need. For fx4u-cent accounts, only a few cents are enough to open an order. For fx4u-classic accounts - a few dollars are all you need. Expert advisers written in MQL4 (robots) are allowed without limitations.
3. Holders of either cent or classic accounts are welcome to participate. Awards are separate for these two types of accounts. The minimum capital required for the various account types is as follows:
cent: 1 USD or 0.75 EUR.
classic: 100 USD or 75 EUR.
pro: 1,000 USD or 750 EUR.
4. Clients may use contest account for live trading any time - before the contest, as well as after it, without any limitations - just like with any other regular trading account. Moreover, balance operations such as deposits and withdrawals are allowed in any combination during the contest.
5. The only criterion for the selection of winners is account profitability, taking into account all deposit transactions. Therefore, the duration of the contest is considered as one investment period. To avoid manipulations withdrawals are not taken into account.
6. Weekly prizes are awarded as follows:
| Rank | Fx4u-classic accounts | Fx4u-cent accounts |
|---|---|---|
| 1 | $5,000 USD | $750 USD |
| 2 | $2,500 USD | $375 USD |
| 3 | $1,250 USD | $175 USD |
| 4 | $620 USD | $70 USD |
| 5 | $300 USD | $50 USD |
| 6 | $150 USD | $30 USD |
| 7 | $80 USD | $20 USD |
| 8 | $50 USD | $15 USD |
| 9 | $30 USD | $10 USD |
| 10 | $20 USD | $5 USD |
| Total | $10,000 USD | $1,500 USD |
Awards will be credited to clients' accounts. Traders may withdraw their prize as soon as winners are announced. Forex4you may change the prize fund and make a corresponding announcement on its website.
7. Each client may have only one participating account. Extra accounts will be refused from participation in the contest.
8. Contest enrollment ends one day before the contest start at 18:00 GMT+1.
9. Contest durations available: one week, one month, one quarter.
10. Winners are announced on the first working day after the contest end.
Join the contest early! You can either open a new account and indicate your desire to join the contest on the registration form, or click "Contests" in Trader Room and enroll with your existing account. You can deposit funds to your account at any time - before the contest begins or during the contest, it will not affect your overall rank. Nevertheless, the earlier you start trading - the more chances you have to be profitable!
Each week eToro holds a demo account contest with great cash prizes!
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Challenge Duration:
Fun Trading Challenge Rules:
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LF IndexMaster
This contest takes place twice a week on demo accounts, on Mondays and Thursdays from 8:00 to 16:59, server time (GMT+2, which is displayed in the trading terminal).
Conditions :
* Type of account: demo
* Sum available at the start: 10000 for all participants.
* Leverage: 1:500.
* The Stop Out level is set at 10%.
* Transaction tools– LITEFOREX INDICES
* Expert advisors are allowed.
The prizes for each session:
* 1st place = $100
* 2nd place = $70
* 3rd place = $50
* 4th to 7th places = $10 each!
LiteForex Fighting
This contest takes place once a week on demo accounts, on Wednesdays from 0:00 to 23:59mn 59s, server time (GMT + 2, which is displayed in the trading terminal).
Conditions:
* Type of account: demo
* Sum available at the start: 10000 for all participants.
* Leverage: 1:500.
* The Stop Out level is set at 10%.
* The transaction tools are those offered by the LiteForex group of companies.
* Expert advisors are allowed.
The prizes for each session:
* 1st place = $150
* 2nd place = $100
* 3rd place = $70
* 4th place = $50
* 5th place = $40
* 6th place = $20
* 7th to 10th places = $10 each!
LiteForex Trader's Marathon
This contest takes place during the last two weeks of the month - from the 15th through the 30th, on real accounts. You can register for it between the 1st - 14th of each month.
Conditions:
* Type of account: real
* Initial deposit: 100 USD min. (the account's balance must be higher than the initial deposit).
* Leverage: 1:200 - 1:500, depending on the type of account.
* The Stop Out level: 10% to 20%, depending on the type of account.
* The transaction tools: All except for CFDs - NYSE stocks.
* Expert advisors are allowed.
The prizes for each session:
* $3,000 for Floating Spread accounts
* $2,000 for REALForex accounts
* $600 for LITEForex accounts
LiteForex "Feel the Spread" contest
This contest takes place every week on Floating Spread accounts. To win the contest, you must reach a minimum spread value with a maximum number of transactions.
Conditions:
* Type of account: floating spread
* Minimum deposit: none.
* Leverage: 1:200 to 1: 500.
* The Stop Out level: 20%.
* The transaction tools: All except for CFDs - NYSE stocks.
* Expert advisors are allowed.
The prizes for each session:
* 1st place = $300
* 2nd place = $200
* 3rd place = $150
* 4th place = $100
* 5th to 7th place = $50
InstaForex Sniper
This contest takes place every week between demo accounts. Winners share $1,500.
Lucky Trader
This contest is organized between demo accounts every two weeks. Winners share $3,000.
InstaForex Great Race
This contest is organized between demo accounts once a month. A total of $46,400 USD in prizes is awarded. The contest has four rounds and one final round.
Real Scalping InstaForex
Monthly contest between demo accounts. Annual prize fund is $72,000 USD ($6,000 for each monthly contest).
Each month, Dukascopy features a trading contest.
Dukascopy now features a monthly trading contest open to everyone with a DEMO account. Automated trading programs are not allowed.
The total monthly prize of $15,000 is distributed as follows:
* 1st place = $5,000
* 2nd - 3rd places = $2,500
* 4th - 6th places = $1,000
* 7th - 10th places = $500