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Forex Contests

Win Big Prizes in OctaFX Demo Trading Contest

Enter the OctaFX Demo Trading Contest and you could be the lucky winner of up to $10,000 in cash prizes. Open a free demo...

$100 Welcome Free Credit Bonus by ATFX

Are you looking for a way to increase your trading confidence without risking your own capital? ATFX has the perfect solution for you. We...

HF Markets $30 No Deposit Trading Bonus

HF Markets offers a $30 no deposit trading bonus to all new clients. This is an amazing opportunity to start trading forex without putting...

$30 Withdrawable no deposit bonus forex account

$30 No deposit bonus forex account is the easiest way to start online trading. Without $30 no deposit bonus forex trading, you can make...

100 USD Dollar Forex No Deposit Bonus

If you’re looking for an easy way to start trading forex, a no deposit bonus may be the perfect solution. These bonuses give you...

New $30 HFM Free No-Deposit Bonus

The $30 Forex No-Deposit New Bonus is a great opportunity to start trading without any investment. You can use the bonus to trade on...

HF Markets $35 Forex No Deposit Bonus

HF Markets Ltd is offering a $35 No Deposit Forex Bonus, which is a great opportunity to start trading without investing your own money....

100% MT5 accounts Credit Bonus – WELTRADE

Receive a Free 100% Credit Bonus Offer Trades can participate in contests at Weltrade and receive a huge variety of bonuses. On their platform,...

OctaFX Champion MT4 Demo Trading Contests

Trade your demo account like a pro in the OctaFX Champion MT4 Demo Contest to win amazing rewards! You are free to employ any...

$50 BigBoss MT5 Transaction Campaign

All participants who have completed trading on MT5 during the campaign term are eligible to participate in BigBoss Financial freshly announced MT5 Transaction campaign....

HotForex Virtual to Real Demo Contest

The HotForex Virtual to Real Demo Contest is a competition that is solely open to demo accounts. As a result, the participants' financial security...

Enjoy NordFX Super Lottery 200 prizes

On March 1st, NordFX launched a new Super Lucky Draw event. There will be 200 cash prizes ($250, $500, and $1,250) and two super...

How live forex contests can benefit newbies and experienced traders?

Forex live contests are usually organized to address real traders, who hold genuine, funded, forex trading accounts. Such contests are generally held at regular intervals, either on a daily, weekly, or monthly basis. One of the major differences from demo forex contests is that in the live forex contests the trading generally takes place through real, funded accounts, and hence real money is always at risk with every trade placed.

The advantages of live forex contests

There are many reasons to attract traders to live forex contests which goes far beyond the apparent attraction of winning a coveted prize. The rush and buzz that you can have by competing in real-time with traders from across the globe provide an unmatched thrill and the caliber to unlock both more trading profits, and prize rewards, everything makes up a pretty irresistible combination.

Let’s discuss the primary advantages of forex live contests that make such competitions so popular in the eyes of seasoned traders:

  • The trades in the competition befall under real market conditions, hence rendering the whole experience a perfect test of skill and mastery, and provide added value and fame to those who manage to reach the top.
  • The thrill and competitive spirit running through such contests stimulate and provide a motive to traders to go all out to excel and push their trading skills to the maximum, as the stakes are higher.
  • Trading synchronously and directly against other traders is a much better experience than individual trading, and a majority of traders are keen to showcase their skills and to prove their talent to the world.
  • Apart from enabling a venue for testing strategies and brushing trading skills, forex contests in fact reward those worthy that usually involve traders who can undergo the heat of the competition and prove their trading dominance.

Conclusion

In a nutshell, forex live contests are an ideal way for traders to understand how their skills stand against those of other traders and enable them with a right way to gauge and evaluate themselves as traders, as under normal trading conditions comparison of individual performances are not possible. In addition to this, if you become successful in such a contest, you not only take away the profits gained from the successful trading transactions, but also the amazing prizes on offer, an incredible boost in their self-confidence.

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