The “Great Race” is a demo trading contest which give away cash prizes from $55,000 pool.
Contest Overview
| Contest Sponsor |  (InstaForex) |
|---|---|
| Prizes | $55,000 Cash Prize Pool |
| Contest Period | from March 18, 2019 until December 20, 2019 |
| Entry Available | from March 18, 2019 until December 20, 2019 |
How to participate
Signup and open the contest demo trading account.
The Trading Contest has ended. Please note that the information of the ended Trading Contests and events maybe outdated.
For the latest InstaForex’s Trading Contests and events, please refer to its main introduction page. InstaForex’s main introduction page is here.
- InstaForex Great Race Demo Trading Contest
- How to join in InstaForex’s Demo Trading Contest?
- Trading Conditions of the Contest Account
- Duration of 5 Contest Rounds
- Contest Prizes of each round
- “Bonus points” exchanged for additional deposit for the final
- Rules of Trading with the Contest Prize
InstaForex’s demo trading contest “Great Race” runs 5 rounds.
The total prize pool is $55,000 and the winners will get the real cash prize from the prize pool.
The demo trading contest does not involve risks to your fund as it uses only virtual money.
InstaForex Great Race Demo Trading Contest
All traders of InstaForex can participate in this demo trading contest.
Here are the main rules and conditions of the contest.
| Contest Type | Demo Trading Contest |
|---|---|
| Account Type | Contest Account |
| Prize Amount | $55,000 |
| Number of winners | 58 |
| Requirement | Signup and Open the contest account |
| Withdrawal of Cash Prize | Not available |
| Withdrawal profits made by trading with the cash prize | Available with no limit |
| The maximum prize amount per person | $6000 |
You have 5 contest rounds to join and win real cash prizes!
How to join in InstaForex’s Demo Trading Contest?
You can join in this demo trading contest “Grade Race” with only one account per round.
Follow the steps below to start competing for the real cash prizes.
- Signup for InstaForex online
You may signup and register your client profile with InstaForex. - Open the contest account
Go to the contest page in InstaForex Official Website and apply for the contest. - Receive the login credentials
For each contest round, you must open a new demo account from the specific page. The login credentials of the demo trading contest account will be sent to your registered email address. - Start trading
Start trading once the contest round starts. The accounts with the highest account balance at the end will win the cash prizes.
There are many trading contests and lucky lottery that you can join.
All the latest promotions and contests can be found in the official website below.
Visit InstaForex Official Website
Trading Conditions of the Contest Account
The contest’s demo trading account must be opened for every contest round.
All contest account will have the following conditions:
| Initial Account Balance | $100,000 |
|---|---|
| Leverage | Fixed to 1:500 |
| Available trading strategies | All |
| Available Markets | Major and Cross Forex Pairs |
| Trading Volume | From 0.01 to 10 lots |
| Maximum Simultaneous Number of Open Positions | 1 |
| Stop Out Level | 10% |
Above trading conditions are the same and fixed for all demo trading contest accounts, and cannot be changed.
Register for InstaForex online
Duration of 5 Contest Rounds
InstaForex’s Demo trading contest “Great Race” runs for 5 rounds.
The schedule of the 5 rounds are the followings:
| 1st round | From 18.03.19 to 19.04.19 |
|---|---|
| 2nd round | From 20.05.19 to 21.06.19 |
| 3rd round | From 22.07.19 to 23.08.19 |
| 4th round | From 23.09.19 to 25.10.19 |
| Final round | From 18.11.19 to 20.12.19 |
You can participate in all rounds by opening demo trading contest account before each round.
Visit InstaForex Official Website
Contest Prizes of each round
Through the whole contest, InstaForex will give away the total of $55,000 cash prize to the winners.
There will be 58 winners throughout the whole contest.
The accounts with the largest balance at the end of each round will win the following cash prizes.
For the first 4 rounds
| 1st | $3000 |
|---|---|
| 2nd | $2000 |
| 3rd | $1500 |
| 4th | $800 |
| 5th | $600 |
| 6th | $400 |
| 7th | $300 + 40 bonus points |
| 8th | $250 + 30 bonus points |
| 9th | $200 + 20 bonus points |
| 10th | $150 + 10 bonus points |
| 11th | $100 + 5 bonus points |
For the final round
| 1st | $6000 |
|---|---|
| 2nd | $3500 |
| 3rd | $2300 |
| 4th | $1500 |
| 5th | $1000 |
| 6th | $850 |
| 7th | $750 |
| 8th | $550 |
| 9th | $350 |
| 10th | $300 |
| 11th | $250 |
| 12th | $200 |
| 13th | $150 |
| 14th | $100 |
Go to InstaForex Official Website
“Bonus points” exchanged for additional deposit for the final
The “bonus points” given to some of the top traders during the first 4 rounds, can be used for the final round of the contest.
For every bonus point, the participants of the final round will get extra $1000 to start with in his/her demo trading contest account.
This demo trading contest “Great Race” chooses the winners according to the final account balance, thus the “bonus points” will be a big help for the participants to win the final round.
InstaForex Online Registration Page
Rules of Trading with the Contest Prize
If you have won the cash prizes of the contest, then the prize amount will be credited into your live account.
To receive the cash prize, you must complete the account verification in InstaForex’s client portal.
The cash prizes are available only for trading purpose, but cannot be withdrawn.
You can withdraw any amount of profits from the account which received the cash prize with no limit.
Visit InstaForex Official Website
Please click "Introduction of InstaForex", if you want to know the details and the company information of InstaForex.
IronFX
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!