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Hotforex Virtual to real demo contest
Top 3 traders share a prize pool of $3500 every month
Promotion Type
Demo contest
Promotion Period
All year 2021, contest is held every month.
Contest duration : One month
Contest starts : On the first trading day of the month at 00:01 server time
Contest ends : On the last trading day of the month at 23:59 server time.
Registration for the contest is available anytime before the contest ends.
Available to
All clients
How to participate
Simpy join the contest and try to be among the top 3 traders with the highest gains.
Prizes
Each and every month, 3 traders with the greatest gain on their demo accounts will win the following prizes
1st prize $2000
2nd prize $1000
3rd prize $500
The prize funds are credited to the winners live account. The prize funds cannot be withdrawn but any profits earning by trading with the prize funds can be withdrawan after completing at least 50 round turn trades and a totla volume of 10 Standard lots.
Other terms
1. Only 1 withdrawal request can be submitted on the live account to which the demo contest prize has been credited. Upon submitting a withdrawal request the account is archived.
2. The gain formula used to determine the top 3 traders is as follows
Gain = (Ending balance - Beginning balance)/Beginning balance*100
3. The demo account for the contest has the following parameters
Beginning balance - $1000
Leverage - 1:200
