Traders' Contest in the Forex Market

Forex Contests offer the opportunity to get profit

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!


24.05.2018 Trading contest on Crypto accounts with the prize pool of $20,000
24.05.2018 Trading contest on Crypto accounts with the prize pool of $20,000

Dear Clients! WELTRADE invites all clients to take part in the first trading contest on Crypto accounts with the prize pool of $20,000. The contest will last from 29.05.2018 through ...

King of the Hill, round 51 results
King of the Hill, round 51 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 competition are in! The list of winners to receive prizes i...

“Fulfil your dreams – 20 years of Alpari” first raffle results
“Fulfil your dreams – 20 years of Alpari” first raffle results

Dear clients, We’re pleased to announce that the first raffle of our anniversary offer “Fulfil your dreams – 20 years of Alpari” has come to a successful conc...

Interview with contest winners: “Experience is the best teacher for traders”
Interview with contest winners: “Experience is the best teacher for traders”

We think that it is important for traders to learn on their own mistakes and for that reason we asked our contest winners to share their most cringing mistakes. Despite the fails, th...

Successful Investor, April results
Successful Investor, April results

Dear clients, The results of our Successful Investor competition for April are in. The winner of this round is Marina Tarasova from Perm, who managed a 46.98% return on her investmen...

OCTAFX CHAMPION DEMO CONTEST, ROUND 74: EVERYTHING IS POSSIBLE
OCTAFX CHAMPION DEMO CONTEST, ROUND 74: EVERYTHING IS POSSIBLE

Round 74 of the OctaFX Champion Demo Contest has finished. We sincerely congratulate four more traders who share the prize fund of 1000 USD this month! 1st place with the award of 50...

Formula FX, round 215 results
Formula FX, round 215 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 prizes is as f...

King of the Hill, round 50 results
King of the Hill, round 50 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 competition are in! The list of winners to receive prizes i...

Trader Wars, round 5 results
Trader Wars, round 5 results

Dear clients, The time has come to bask in the glory of victory as the results of the latest round of our Trader Wars competition are in! The list of winners to receive prizes is as ...

Formula FX, round 214 results
Formula FX, round 214 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 prizes is as f...

King of the Hill, round 49 results
King of the Hill, round 49 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 competition are in! The list of winners to receive prizes i...

Interview with Future Trade contest winner: “Make your own decisions in trading, but heed the advice of the professionals”
Interview with Future Trade contest winner: “Make your own decisions in trading, but heed the advice of the professionals”

The winner of the 62nd round of Future Trade is Yusuf Darmawan from Indonesia. Yusuf spent 20 hours straight in front of the monitor keeping track of the price movements. H...

Virtual Reality, round 1 results
Virtual Reality, round 1 results

Dear clients, The time has come to bask in the glory of victory as the results of this year's first round of our Virtual Reality competition are in! The list of winners to receiv...

Formula FX, round 213 results
Formula FX, round 213 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 prizes is as fo...

Successful Investor, March results
Successful Investor, March results

Dear clients, The results of our Successful Investor competition for Janaury are in. The winner of this round is Idowu Akin from Lagos (Nigeria), who managed a 174.21% return on his ...

Formula FX, round 212 results
Formula FX, round 212 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 prizes is as fo...

King of the Hill, round 47 results
King of the Hill, round 47 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 competition are in! The list of winners to receive prizes i...

Interview with contest winners: «Contest is a great place for experiments»
Interview with contest winners: «Contest is a great place for experiments»

Our new interview round-up features winners of Rally Trade, Drag Trade and Future Trade. The winners of our contests often share their successful strategies and p...

Interview: Trader Wars round 3 prize-winner
Interview: Trader Wars round 3 prize-winner

Dear clients, Alpari launched its new “Trader Wars” contest last December. The runner-up of round 3 was Artem Chebykin. We conducted a short interview with Artem in which...

Formula FX, round 211 results
Formula FX, round 211 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 prizes is as fo...


Forex Contests offer the opportunity to get profit

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!

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.

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