Trade mock money, win real cash The more you learn, the more you earn! Practice trading FX and win real … Read more. One day — one chance. The contest is held weekly. The duration is 24 hours. Starts at p.

Wednesday … Read more. Home » Forex Demo Contest. Table of Contents. Forex demo contest is one type of forex competition which involves a demo account. As the name suggests, a forex demo contest does not require you to fund any account. Once you understand the rules, you can plan ahead and use the most suitable strategy. Notify of. Inline Feedbacks.

Would love your thoughts, please comment. The contest is held weekly. The duration is 24 hours. Starts at p.

What is Forex Demo Contest?

Wednesday Finishes at a. Thursday Coming soon th competition. The contest is held monthly. The duration is 1 month. Starts at on the first competition day Finishes at on the last competition day Currently underway th competition Until the end of the competition left 2 days.

Best Forex Demo Contests in for Newbies

The duration is 1 week. Starts at a. Monday Finishes at p.

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Friday Currently underway rd competition Until the end of the competition left 2 days. Prize pool is distributed between 10 best traders of the competition according to their final ranking. Thursday Finishes at p. Friday Coming soon nd competition. Record for the contest: vol.

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News The rd competition of the Week with CFD contest has…. Forex is a market full of opportunities and as time passes, more and more people have access to this very important and diverse trading market. As of today, people from the poorest regions have access to the Forex trading market, which makes it even more popular around the world.

Forex trading was once something for only a handful of people, who had to call a broker directly to make moves. As of today, Foerx is accessible by most of the people around the world, thanks to the development of modern technology. Every day, new Forex brokers are emerging and offering traders different types of opportunities.

So, if you wish to learn more about all of these, follow our guide carefully! Before we talk about competitions and all of that good stuff, I want to tell you a little bit about Forex trading. If you are new to the field, the easiest way to describe Forex trading is basically a process of selling and buying different currencies at the same time.

The Forex market is actually the largest, most liquid market in the world.

Forex demo competition 2021 is day trading a good career

There are trillions of dollars traded every day by the Forex traders around the world. Forex has no centralized location, it is an electronic network of banks, brokers, institutions, and traders, who are mostly trading through brokers or banks. Because of such popularity, the number of Forex brokers around the world is increasing, and to distinguish themselves from others, many Forex brokers are coming up with different types of ideas to attract more users.

One of them is the contests and competitions, which are a great way for FX brokers to attract more traders to their trading platform. Contests in the world of Forex can be very different from one another.

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There are many different contests created for all sorts of different types of Forex traders, including beginners and those who have been trading FX for a very long time now. The idea behind these contests is to offer traders some type of challenge and awarding those who end up doing the best job. Contests are working very well for both, Forex brokers and traders since it gives brokers the ability to attract more people, while also giving traders the chance to win big.

There are even some contests where you do not even have to make real-life deposits, which can be very useful for those who are just starting out in the world of Forex. Demo accounts are a great way for many people to start Forex trading without actually using their own funds. It is a very important part of Forex trading since it offers traders the ability to have access to a Forex trading market without having to use their own real-life funds.

Mostly, demo accounts are used by beginners, who are trying to learn more about the field of Forex, however, it would be very wrong if we said that these types of accounts are created for beginners. In reality, they are something that can be used by experienced Forex traders very actively, because they offer you the ability to learn more about your trading tactics, strategies, and come up with new ways for Forex trading. In addition to all of these, demo accounts are known to be a perfect place for different types of contests.

The best demo forex contests will offer you the ability to win different types of awards, including real-money. It is a great thing for those who do not wish to spend their own funds for Forex trading. In many cases, a lot of people use these types of competitions to win base money for future Forex trading. Always remember that the best competition is the one that comes with the biggest rewards. For FBS, even though the one-round competition is not super great when it comes to prizes, it still is nice to get some of it. Also, another very important part of this is what could you do with the money that you win?

In this context, the best one seems to be FXTM. With this broker, you have the freedom to withdraw all of the prizes that you win once the competition is completed. On the other hand, for Exness, you can only withdraw half of the prize that you win, and you have to trade Forex with the other half. So, remember that the amount of money that you could win is not always the most important thing in Forex trading, you also have to focus on the rules and guidelines that the company has for competitions.

One thing that we want you to remember before you start enjoying different types of contests is to make sure that you understand the rules that you need to follow during the competition. Some people take part in the competitions without even reading a thing about them, and then they become energy when they are unable to withdraw their funds. So, make sure to understand everything about the contests. First and foremost, you need to be sure that you will be able to withdraw the funds that you won.