• Free Contests To Win Money
• Easy Contests To Win Money

What are forex contests? How can we win them?

Each participating Contest demo account starts with a $50,000 virtual deposit and 1:300 leverage. binary options betting strategy All forex demo contest participant accounts remain inactive (‘disabled’) until the beginning of the corresponding date; Trading opens at the date and time specified on the Contest page. दोस्तों तथा अनजान लोगों को प्रभावित करने की कला । How to win Friends and influence People - Duration: 31:04.

Which are the best forex contests in the market? I faced these questions sometimes from my fellow forex traders. Somehow, new forex traders are really drawn to those contests hosted by famous forex brokers. Yet, do they know what to pay attention to when entering a forex contest?

The answer is the prize, the rule and the withdrawal conditions. In this article, I’ll compare those factors of the top largest brokers. Why the top largest? Small brokers also have contests, but they are not reliable. Just like trading, entering a forex contest is safer and more beneficial when you work with the. The brokers I’m going to compare are: Exness, FXTM, and FBS with current contests such as: Exness Forex World Cup 2018, FXTM Titans, and FBS Pro respectively.

Lastly, I will also give you some advices that I’m sure you’ll need in these best forex contests. The best forex contests come with the best prizes Of course, all players get their eyes on the prize first. Exness has the largest prize, up to $120,000 total for 12 rounds, so they reward $10,000 for each round. FXTM’s total prize is just one third of that, which is $40,000 for 4 rounds, so the prize for each round is the same as Exness. However, the first prize of each round of Exness is only $3000, while FXTM’s first prize for each round is $5000.

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FBS Pro is a monthly contest, so it has the smallest prize, which is only $1000, with the first prize is only $450. Here are the details of the prizes of each broker: But what can you do with all those prizes? FXTM is the best. You can withdraw all your prizes when the competition is completed.

For Exness, you can only withdraw half of the prize. The other half will be the bonus for you to trade at Exness in the future. Lastly, just like FXTM, the winner can withdraw all of his prizes when the competition is completed. Pay attention to the rules of the best forex contests The rules for these contests are quite simple. All of them are demo trading contest, so you just need to open a demo account in the registration period to participate in the competition. However, when entering, each broker provides you with a different virtual amount of money.

FXTM gives you the most, which is $100,000 of virtual money. FBS and Exness give you much lower, $10,000 and $1000 respectively. However, the initial amount of money they provide is not important, because the factors that decide the winner of the three brokers are different. For FXTM, it is your ratio of profits, which is calculated by the following formula: [Net Profits ÷ 100000] x 100 = XX.XX%. If two contestants have the same ratio, the one with the smallest drawdown will be the winner. Drawdown is simply defined as how much your fund decreases after it reaches the highest peak. If they still have the same result, the first prize will be shared equally for both contestants.

Free Contests To Win Money

Exness and FBS is the same and simpler. The winner is the one who made the most during the contest period. The leverages applied for the contests are different among the brokers. Exness seems to have the best leverage, which is up to 1:2000. That of FXTM is lower, which is 1:500 and FBS contest leverage is only 1:100.

Easy Contests To Win Money

Other miscellaneous rules of those brokers are quite similar: • Each contestant can only open and trade with 1 demo account in the competition. • Contestants can only make profit from the initial amount of money that the brokers provide them. They can’t deposit more into the account used in the contest. • After the completion of the contest, the winners have 5 business days to respond the email about the prize that the brokers send them.