New year Forex tournament is here!
HotForex is giving away total 8,500 USD Cash Prizes to winners .
Trade risk free, earn real cash prizes.
How to join this Demo Trading Tournament
- Open a Contest Demo Account through the Promotion Page
- Open a Live Account
- Deposit more than 150 USD in the Live Account
- Trade more than 30 positions in the Live Account
You will receive login credentials of the Contest Demo Trading Account on January 9th.
Terms and Conditions
- All Demo Contest accounts will have 20,000 USD as the start balance
- In order to join the contest, you need have a funded and verified HotForex trading account
- To be eligible for the contest, you need to make at least one deposit over 150 USD and trade more than 30 positions from October 1st to January 11th, 2015
- You can apply for the contest from the dedicated banner in “myHotForex”
- You will receive the login credentials of your tournament account on January 9th
- You can only have one Demo Trading Contest Account
- The leverage in Contest accounts are set to 1:400, and Stop Out % is 20%
- Te minimum and Maximum trading size in Contest accounts are 0.01 lots and 15 lots accordingly
- No restrictions on use of EAs in the contest accounts
- Only Forex currency Pairs are available for trading in the contest accounts
- The winners of the contest will be selected according to the “Profit Return” which is calculated as below:
Profit Return = Total Profit / Virtual Deposit * 100[
- There will be 10 winners of each contest, and prizes are distributed as below.
|Contest Ranking||Contest Prizes|
|1st||2,500 USD & iPhone 6 Plus|
|2nd||1,500 USD & iPhone 6|
|3rd||1,000 USD & iPad Air|
- The contest Cash Prizes can be used for trading purposes and also can be withdrawn[
You can find the full Terms and Conditions provided by HotForex in the below PDF.