There are currently no ongoing competitions.
For traders, Forex-Demo-Competitions are highly desirable. In any case, it’s a lovely game that helps you decompress while you progress with the aspect of it that you enjoy the most: trading. Because there is a wide variety of demo contests here, it can often be difficult for dealers to choose the right one to enter. As far as we know, every broker on the market is responsible for overseeing the competition, and opening an account with each broker can take some time. We describe what Forex-Demo-Wettbewerbe are on this page and let you know which one, in our opinion, is the finest.
Demo competitions are typically organized by brokers in an effort to gain more market share and new leads, or the contacts of merchants. Because of this, brokers frequently offer attractive prices in an effort to entice new dealers to check out their trading accounts. Almost all trustworthy brokers hold their own trading competitions and award the dealers with prizes. As a result, many traders could wonder which trading competition is the best.
For many years, one of the most well-liked demo trading contests has been ForexBall. In the past two years, more than 25 seasons and more than 100 trading rounds have been held. Furthermore, ForexBall has introduced multiple exclusive rounds. A trader who won the most recent special round took home a prize of $1,000 USD with no conditions.
Why is ForexBall so excellent? First of all, other from weekends, it never ends. The sport known as ForexBall takes place from Monday through Friday. In this manner, traders can take part in intense rivalry for 100 hours. Furthermore, ForexBall offers a prize distribution scheme that is reasonably transparent: the top three winners each get a trading prize account, and if a set volume is reached, the initial amount with all wins can be withdrawn.
Unfortunately, this is also one of the most hated contests, since a lot of people didn’t like that you could only enter four times without having a live account with one of the sponsors, and some winners didn’t like that there were restrictions on how much they could win.
In terms of Forex Trading Bonus, we only look into legitimate competitions where real prize money is paid out. Look through the above table to identify the finest FX competition for you. In general, the following are the things you should consider when choosing your next participation spot:
There are competitions that go on for several months. Would you be willing to engage for this long? Certain dealers prefer longer competitions since they reduce their chances of winning the competition by chance. However, six months for the competition might be too much to ask of participants. We advise you to look for competitions that last between one week and one month.
In terms of competition participation, we obviously know that it’s a lot of fun, but the main goal is to win. This can occasionally be tricky. Only payment terms that you are unable to meet are disclosed by certain brokers. In most cases, you should either participate in the competition where there are cash prizes or in the competition where there are explicit guidelines for prize payouts.
On this page, we only review demo competitions because we believe that live competitions should only be considered for experienced players. We simply avoid rating Forex live competitions because our main goal is to encourage new traders to enter the market and ensure that these potential dealers get off to a risk-free start.
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