Traders' Contest in the Forex Market

Contests organized by the brokerage companies create a great opportunity for the trader to test his trading strategy and to receive a trading bonus into account. A main objective and mission of competitions organization are to test the level of skills of the beginning traders, as well as to identify the most successful players, to recommend them in the future in the quality of managing directors of financial assets.

Forex contest organized by brokers is a fascinating competition in a run for prizes and bonuses. With the only difference that not only the strongest and the fastest achieve victory, but the acutest, informed and the patient one!


Winner of Successful Investor, January 2017
Winner of Successful Investor, January 2017

Dear clients, The results of the Successful Investor contest for January 2017 are in. This round the winner is Oleg Slynyavy from Moscow. Oleg managed a 50.89% return on his investme...

First non-trading contest with fantastic surPRIZES by InstaForex
First non-trading contest with fantastic surPRIZES by InstaForex

For the first time ever, InstaForex kicks off a truly unique contest – Match Hero. Unlike other InstaForex competitions, this one does not involve trading at all! Match Hero is...

FXTM Launches New Demo Forex Trading Contest: FX ZONES
FXTM Launches New Demo Forex Trading Contest: FX ZONES

FXTM is doing something extra special with its trading contests this year, starting with FX Zones: Demo Trading Contest.The broker’s latest risk-free competition is divided int...

One Million Forex Championship – Registrations Open for Last Qualifying Round
One Million Forex Championship – Registrations Open for Last Qualifying Round

As of today, 15th February, registrations are open for round 10, the last qualifying round of XM’s One Million Forex World Championship, awaiting XM clients to join in and comp...

Full throttle, round 78 result
Full throttle, round 78 result

Dear clients! The time has come to bask in the glory of victory as the results of the latest round of our «Full throttle» contest are in! The list of winners to receive p...

King of the Hill, round 19 results
King of the Hill, round 19 results

Dear clients! The time has come to bask in the glory of victory as the results of the latest round of our «King of the Hill» contest are in! The list of winners to receiv...

Formula FX, round 183 results
Formula FX, round 183 results

Dear clients, The time has come to bask in the glory of victory as the results of the latest round of our "Formula FX" competition are in! The list of winners to receive pr...

Do you want to get BMW X6 M?
Do you want to get BMW X6 M?

13 February 2017Dear clients, 13th stage of Great Trading Contest is over and we are glad to announce TOP5 traders of this stage: Bayaker, Chan, Brazil, Ermak and China. Congratulati...

OctaFX Champion Demo Contest, Round 59: best strategies to win
OctaFX Champion Demo Contest, Round 59: best strategies to win

It’s the end of a month, and it means it’s time to share the names of the winners of our Champion Demo Contest Round 59! This time, the prize fund of 1000 USD is shared b...

Admission for Forex School February Begins
Admission for Forex School February Begins

FXOpen offers novice traders the opportunity to practice their skills by joining Forex School February – a ForexCup trading competition on demo accounts. Forex School is a recu...

Congratulations to the Winner of Facebook Photo-Contest!
Congratulations to the Winner of Facebook Photo-Contest!

Congratulations to the Winner of Facebook Photo-Contest! – 2016.12.30Dear JustForex clients! Facebook photo-contest has finished and it's time to sum up. We have ...

Santa's Lucky Draw
Santa's Lucky Draw

During the past month Grand Capital has held New Year's lottery. Clients were making deposits and participated in the lottery. Tomorrow, on the 1st of February at 6:00 ...

Results of five InstaForex contests revealed
Results of five InstaForex contests revealed

We determined winners of five regular InstaForex contests. This time we will name the victors of the following competitions: One Million Option, InstaForex Sniper, FX-1 Rally, Lucky ...

King of the Hill, round 18 results
King of the Hill, round 18 results

Dear clients, The time has come to bask in the glory of victory since the results of the latest round of our King of the Hill contest are in! The list of winners to receive prizes is...

Formula FX, round 182 results
Formula FX, round 182 results

Dear clients, The time has come to bask in the glory of victory since the results of the latest round of our Formula FX contest are in! The list of winners to receive prizes is as fo...

It's official! Tour XVI of
It's official! Tour XVI of "Forex Finals" Starts on January 30th

The new 16th tour of "Forex Finals" starts on January 30th and will continue until February 24th. "Forex Finals" is a recurring trading competition on live accoun...

New contest winners: the lucky currency pairs
New contest winners: the lucky currency pairs

We keep publishing the interview with our contest winners. Here are the prizes that they receive: For the 1st place in Drag Trade — real $200; For the 1st p...

XM World Championship – Registrations Open for Round 9
XM World Championship – Registrations Open for Round 9

As of today, registrations are open for qualifying round 9 of XM’s One Million Dollar Forex World Championship, with only two more rounds left until the upcoming semi-finals. F...

Great FreshForex Trading Contest: 13th stage begins
Great FreshForex Trading Contest: 13th stage begins

16 January 2017Dear traders, New 13th stage of the Great Trading Contest has started. It means that the draw of snow-white BMW X6 M is getting closer and closer! Do not forget that e...

Win Lamborghini Huracan in InstaForex campaign!
Win Lamborghini Huracan in InstaForex campaign!

InstaForex informs you of a new campaign! This time, we raffle off a Lamborghini Huracan, a premium sports car of over 500 horsepower from the legendary Italian car manufacturer. The...


Effect and Advantages of Traders' Contests in the Forex Market

The contests from brokers on the duration include unrestricted time frames. Starting with fast day's length competitions, up to the contests lasting for a year. Irrespective of competition type, participation in them is useful and profitable, first of all - to the traders. The majority of Forex competitions gives the real chance to get the essential cash prize able to act as starting capital, and a powerful increase in the trader's condition. Also, sometimes the broker invites the winner to take part in developing of a certain software, as well as in other types of cooperation.

Types of Forex Competitions

Forex market competitions held by brokerage companies are subdivided into several types.

The most popular are the competitions on demo accounts, where the cash prize can represent financial resources available to open the real account and to carry out trading activities in the Forex market. Simple conditions, which essence is to receive the greatest profit by the trader for a certain period of time and enter into a number of prize-winners are peculiar to this type of contest. The terms of such Forex contest vary from one week to several months. The cash bonus received as remuneration can be applied only to trading in the market, and it is closed fro withdrawal.

The second type of Forex contests in many respects aimed at the experienced traders able to develop their own trading strategy, to write indicators and scripts, and simply to trade effectively. Participation in this type of competitions requires the availability of real account, with funds of the trader.

In most cases, contests for traders take place in several stages. For example, the brokerage company announces the contest on trading robot development. Competitors activate on the own trading system for a certain period of time, often for a period of a week up to one month. The robots which showed the best results following the results of the contest appear winners of selection round. Regarding the final, the victory it is won by the founder of the most effective commercial advisor.

The example presented above is the most typical sample of how traders competitions in the market Forex becomes both a source of additional profit in the form of a prize and an advertising platform for developments of the trader. Having been among the prize-winners or having become the winner, the player advertised the trading system, and himself personally, as a successful market player.