Trade in a demo account with virtual money, and win a real cash prize into your live trading account.
Contest Overview
| Contest Sponsor |  (InstaForex) |
|---|---|
| Prizes | $6000 Cash Prize Pool |
| Interval | Every Month |
How to participate
Signup and open the demo trading contest 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 Please note that the information of the ended Trading Contests and events maybe outdated.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 Monthly Demo Trading Contest
- How to join in InstaForex’s Monthly Demo Trading Contest?
- Cash Prizes for the top 8 traders
- Trading Conditions of the Contest Account
- Withdrawal Conditions of Cash Prize
InstaForex runs a monthly demo trading contest where the broker gives away 6000 USD cash prize to the 8 top performing traders.
The participation to the contest is free and involves no risks to your own fund.
Trade with virtual money to complete for the real cash prizes.
Visit InstaForex Official Website
InstaForex Monthly Demo Trading Contest
InstaForex’s monthly demo trading contest “Real Scalping InstaForex” is available for all traders of the broker.
Here are the main information of the demo trading contest.
| Contest Type | Demo Trading Account |
|---|---|
| Contest Period | 1 month |
| Prize Pool | $6000 per month |
| Number of Winners | 8 |
| Withdrawal of Cash Prize | Not available (available only for trading purpose) |
| Withdrawal profits made in the prize account | Available with no limit |
| Requirement to join | Contest account opening |
The contest is especially suited for traders who like to try out new strategies or practice trading, while having the opportunity to win the real cash prizes.
Register for InstaForex online
How to join in InstaForex’s Monthly Demo Trading Contest?
You can confirm your participation to the next round of the contest, but not the one running right now.
Follow the steps below to participate in the next contest round of “Real Scalping InstaForex”.
- Go to InstaForex Official Website
The contest is available both new and existing traders of InstaForex. You can participate in each contest round with only one account. - Register for the contest
Go to the contest page of “Real Scalping InstaForex” and complete your registration. Registration for the next competition finishes 1 hour before the contest starts. - Confirm the login credentials
Once you complete the registration to the contest, you will receive the login credentials of the contest account to your registered email address. - Login and start trading
Once the next contest round starts, you can start trading in the contest’s demo account. Each contest round runs from 00:00 on the first Monday of month till 23:59:59(terminal time) on the last Friday of month.
The top performing traders will earn the real cash prizes into their live trading accounts.
The prize pool is $6,000 monthly and $72,000 yearly.
Visit InstaForex Official Website
Cash Prizes for the top 8 traders
Every month, InstaForex’s “Real Scalping InstaForex” contest gives away 6000 USD cash prize to the top 8 performing traders.
The prize pool of $6,000 will be distributed according to the below table.
| 1st | 2,000 USD |
|---|---|
| 2nd | 1,500 USD |
| 3rd | 1,000 USD |
| 4th | 500 USD |
| 5th | 400 USD |
| 6th | 300 USD |
| 7th | 200 USD |
| 8th | 100 USD |
To be qualified to receive the above cash prizes, you must fulfill the following requirements: at least 5% of the total profit has to be derived from trading results on GBPUSD and 5% of the total profit from trading results on GBPJPY.
The cash prizes are credited into the winners’ live trading accounts.
Open InstaForex Real or Demo Account
Trading Conditions of the Contest Account
Every contest account has the same trading conditions at the start.
Please refer to the below table for more information.
| Initial Account Balance | 20,000 USD |
|---|---|
| Leverage | 1:500 |
| Use of Expert Advisers | Allowed |
| Restrictions of trading strategies | None |
| Available Symbols for trading | Only Forex pairs |
| Available trading volume | From 0.01 to 1 lots |
| Swap Free Account | Available |
| Maximum number of simultaneous positions | 5 |
| Stop Out Level | 10% |
The trading conditions of the contest account cannot be changed.
Go to InstaForex Official Website
Withdrawal Conditions of Cash Prize
If you are one of the top 8 performing traders, then you are entitled to receive a cash prize.
To receive the cash prize, you must open a live trading account and complete the verification in the client portal.
This process must be done within 30 days from the announcement of winners.
Once the cash prize is credited into your live trading account, you can start trading with it.
Cash prize fund is available only for trading purpose and cannot be withdrawn.
You can only withdraw profits from the account with no limit, but please note that any fund withdrawals from the account will lead to the full cancellation of the cash prize.
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!