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!



news-image-1
News from broker FBS
FBS
Winners of Tour 2 in FBS 12 Years: Big Time! Big Money!

Tour 2 of the FBS 12 Years promo has come to an end! We thank everyone who took part in it.  It's time to meet the winners!   Money $1000 Money $2000  Money $3000 ...

news-image-2
Results of Miss Insta Asia contest with prize pool of $45K

The 2020 Miss Insta Asia contest was held in unusual conditions, which made it so memorable to everyone who took part in the contest or voted for our gorgeous contestants. No barrier...

news-image-3
News from broker FBS
FBS
Winners of Tour 1 in FBS 12 Years: Big Time! Big Money!

Tour 1 of the FBS 12 Years promo is over! Congratulations to all the participants. It`s time to announce the winners. Money $1000 Money $2000 Money $3000 JBL Charge 4 Apple Watch Air...

news-image-4
Results of InstaForex contests 17.02.2021

We are pleased to announce the names of those who won the following interim contests and campaigns from InstaForex: Chancy Deposit, InstaForex Sniper, One Million Option, FX-1 Rally,...

news-image-5
There’s never been prize money like this!

Dear clients, The 285th round of the Formula FX contest is scheduled to begin on February 8 with an increased prize pool. More than $3,000 is up for grabs by the 30 most successful t...

news-image-6
News from broker FBS
FBS
Winner Gets Motorcycle to Help Him and His Students Commute

FBS presents the Dreams Come True contest winner - Mardo Hadian Suseno Darmoko! This trader also works as an Elementary School teacher in Bogor, Indonesia, but lives in Sukabumi &nda...

news-image-7
Results of InstaForex contests 14.01.21

We are pleased to announce the names of those who won the following contests and campaigns from InstaForex: Chancy Deposit, InstaForex Sniper, One Million Option, FX-1 Rally, Lucky T...

news-image-8
New Year brings new prize funds in Alpari trader contests

Dear clients, There’s no doubt about it: 2021 is a horse of a different color compared to 2020 since it’s starting out with great news: there are even bigger prize funds ...

news-image-9
Results of InstaForex contests December, 15

At this stage, we are pleased to announce the names of those who won the following interim contests and campaigns from InstaForex: Chancy Deposit, InstaForex Sniper, One Million Opti...

news-image-10
Trader Wars contest is over

Dear clients, The Trader Wars contest has ended and will no longer be held. You can check out the results of the last round by following this link. Regular participants of the contes...


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.

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree