ForexBall: International Forex Contest With Decent Prize Pool

Trading contests have become an inseparable part of the Forex industry. More and more broking companies introduce their own contests for traders.  Another thing is whether these contests can be of any help to traders. Some scam brokers use contests to trap traders by talking them to switch from demo trading to live trading for real money, which usually leads to losses.

 

Therefore, in order to avoid falling prey to scammers, it is necessary to participate in trading tourneys introduced only by major Forex brokers with decent history and licenses from major financial authorities.

 

Admiral Markets is one of such reliable broking companies. It has been in the industry for over a decade and is licensed by the ASiC (Australia) and EFSA (Estonia). It is also regulated by a Russian financial authority.

 

The company’s monthly turnover is over $35bn. Therefore, the company does have the money to arrange trading contests with decent prices to award the industry’s best traders, thereby giving them an opportunity to take their trading and lives to a whole new level. Admiral Markets is a client-oriented company. The company is interested in long-term cooperation with successful traders, who can generate decent profits for themselves and the company.

 

That is why the company strives to develop and improve its business by introducing innovative products and services.

Not so long ago, Admiral Markets opened a new project. It is called ForexBall. This is an international Forex trading contests.

 

ForexBall

 

Let’s have a closer look at this innovative project by Admiral Markets. There is a special page on the company’s official website that is dedicated to the project. It reads:
ForexBall™ - The Contest with a Prize Pool of $541,000

 

Play for fun, learn for real – with the ForexBall™ International Trading Championship.

Admiral Markets presents the new ForexBall™ competition: The most social, most lucrative and above all most educational trading contest there is. Rounding up Admiral Markets’ extensive information and education offers, the ForexBall™ is a comprehensive training and learning opportunity for all participants. With contest rounds running every week, players can track their successes, learn from their mistakes and work on their strategies in the long-term. News feeds, analyses and expert articles are just some of the informative features of the ForexBall™ website.

 

Besides great learning opportunities, the trading competition offers attractive prizes: More than half a million US dollars are awarded every year to the traders with the best weekly and monthly performances. New social networking features allow contestants to connect and interact with each other, as well as to learn from the most successful participants’ strategies.

 

The ForexBall™ is carried out on Admiral Markets demo accounts with a starting capital of $10,000. The weekly rounds start every Monday and end on Fridays – giving contestants 100 heated hours of trading to make the most profit.

 

Sign up now and open your ForexBall™ contest account! You can join any round at any point in time – just jump in and start trading. Want more information? Read the contest rules, learn about the prize structure or check out Admiral Markets’ training and information offers on theForexBall™ website.

 

ForexBall Advantages

Now let’s have a look at the ForexBall Website, which ishttp://www.forexball.com/index/index/lang/en

 

Participate in the greatest forex competition, prove your trading skills and get rewarded with a slice of our $541,000 prizepool!

 

Risk Free Forex Contest

The ForexBall™ is a trading competition carried out on MetaTrader 4 practice accounts, meaning that there is no risk involved and the participation is totally free of charge!

 

Trading Contest Objectives

The main aim of the Forex championship is to identify the best traders in the five global regions and to recognize the highest performing traders of the Forex contest in the world ranking.

 

Learn to Trade From Others

It's the perfect starting point for beginners to improve their skills, learn from our experts and become a part of the traders' championship community. Get your interest rewarded from the prize pool of $541,000.

 

Enjoy!!

Concurso «LiteForex Championship» con Cuentas DEMO

Concurso «LiteForex Championship» con Cuentas DEMO

LiteForex anuncia el lanzamiento del concurso “LiteForex Championship” con Cuentas DEMO, el cual se llevará a cabo del 06 al 20 de mayo de 2013.

Para participar en el concurso «LiteForex Championship Demo» es suficiente con rellenar el formulario en la pagina http://es.liteforex.com/contests/championship/demo.

¡REGISTRESE AHORA MISMO!

Premios del concurso:

Lugar	Premio
1	$1500
2	$1000
3	$700
4-10	$200
11-20	$100
21-30	$50
Premio especial	$500

Más información sobre los términos del concurso, lista de participantes y premios puede verlo en nuestro sitio webhttp://es.liteforex.com.

“7$” Free Welcome Forex Bonus PaxForex

How to receive Free Welcome Forex bonus:

1. Click button “Get bonus”
   - If you are register with us than follow instructions “How to open new Forex account and choose “Bonus Welcome 7$”
   - If you are not register with us, fill the form.
2. Login in to myPaxForex
3. Verify your account by submitting your personal Proof of ID (passport, driver’s license) and a proof of address.

To withdraw Profit from Free welcome forex bonus the client has to trade Total trading volume size 1.5 lots per each 5$ profit.

Example:

A Client receives USD 7 welcome forex bonus. After some trades the client makes USD 5 profit. The balance is now USD 12. To withdraw the profit of USD 5 (profit) the client has to trade Total trading volume size 1.5 lots. It is mean that the client can make 150 trades per 0.01 lot size or 15 trades per 0.1 lot and etc. After some trades, the trader earns another 5$. The balance becomes 17$ (10$ profit) and traded 1.5 lots. In this case the trader could withdraw 5$ and the rest of the profit remain on his account. To withdraw another USD 5, trader has to trade another 1.5 lots.

Total trading Volume size Example Calculation:

A Client made two trades. First trade has volume size 0.01, and second trade has volume size 0.1. Total Trading Volume size is 0.11 = 0.01+0.1

“7$” Free Welcome Forex Bonus Specification is subject to Terms and Conditions.

Get Bonus

Excel Markets Trading Contest

Contest Rules and Information:

1. On the Metatrader client terminal, you will login to the server 'ExcelMarketsNZ-Demo'.
2. Trading on trading platform is disabled until the contest begins.  If you are logged into platform when we enable trading, you will need to logout and then login again to be able to trade.
3. Prizes are in USD Cash, there are no additional requirements to collect the cash prize besides placing 1st-10th in the contest: 1st Place $3000, 2nd  Place $1250, 3rd Place $400, 4th Place $250 and 5th through 10th receive $100. The people with the highest equity gain at the end of the contest win.
4. Participants who meet or exceed 50% drawdown will be disqualified.  Drawdown is calculated based on peak to valley equity, thus new account highs will impact drawdown tolerance.
5. Leverage on all accounts will be set to 1:100 for the duration of the contest with margin calls set to 100% of required margin.
6. Winners will be contacted after the contest ends by registered email address to collect payment info.
7. Any participant intentionally hitting the demo price feed off market will be disqualified.  Please inquire in the forum if you need clarification.
8. At contest end, open positions will be marked to market in order to calculate final metrics and placement.  You will be trading with 10,000 USD fake money.
9. We reserve the right to disqualify any participant at our sole discretion.
10. It is the winner’s responsibility to provide us with payment information. Prizes not claimed within 30 days of contest end will be cancelled.
11. One entry per household.  We will track and enforce this using several tracking methods.
12. You may change the password on your trading account from the one assigned by default, however you will need to edit your stats account and input the new password so our system can connect and download your trading records.  You may edit your stats account by going to My Account > My Trading Accounts and click the edit icon for the contest trading account.
13. Winners will be contacted by email and must provide us with information that will allow us to pay the prize amount by either bank transfer, Paypal, or Liberty Reserve.  There is no requirements to furnish identification etc. as prizes are cash and you do not need to open a trading account to collect the prize.  Any fees associated with payment will be deducted from winnings.  Winners must respond to us within 30 days of contest end date to collect their prize otherwise the prize will become forfeited.
14. All Forex Razor stats accounts associated with contest demo trading accounts will be automatically suspended after the contest is completed, however you will continue to be able to trade on the Excel Markets demo trading account, and the Forex Razor stats account can be easily manually unsuspended from the My Accounts > My Trading Accounts tab if you would like to continue to track performance.  Excel Markets Demo accounts expire only if they are not logged into for 365 consecutive days.

To register for the contest you need to be logged in.  Good Luck!

$5,500 Prize Pool for ForexRazor's "Excel Markets Forex Trading Contest March 2013"

To take part in the contest, you need to be registered at ForexRazor.com. You can register any time between March 18, 2013 and April 15, 2013 (which is when the contest will end). When you access the “Contests” section of the site, you will be able to open the Trading Contest page, read and accept the terms and conditions, and register. Then, when you open your Meta Trader 4 account, you will need to access the server titled “ExcelMarketsNZ-Demo”... and start trading. You will be given $10,000 fake money, which you can use to compete for the $5,500 prize pool. The trader with the biggest profit when the contest ends will be given a $3,000 prize. Second place will win $1,250, third will win $400, fourth will win $250 and five to ten will tin $100 each. The winnings will be paid within 30 days of the contest's end via PayPal, Moneybookers/Skrill or wire transfer. Prizes that are not collected after 30 days will be canceled.

Of course, just like any other Forex competition, this one has certain specifications you would need to pay attention to. First, leverage for all participating accounts will be 1:100, and margin calls will be set to 100% of the required margin. Once the margin call is triggered, your trades will be closed one by one. If you lose all your money, you will not be able to register again and start over (there is a strict one entry per household rule). Second, meeting or exceeding 50% drawdown will get you disqualified from the contest. Drawdown will be calculated based on “peak to valley” equity, and new account highs will have also affect drawdown tolerance.

The third thing you need to pay attention to is, as stated in the official contest rules, that “any participant intentionally hitting the demo price feed off market will be disqualified”. This means that if you try to take advantage of any latencies between your connection and the trade server, ForexRazor will find out and kick you out of the competition. Be warned!

Like any demo Forex trading competition, the Excel Markets Forex Trading Contest March 2013 sounds like a nice, safe opportunity to test your skills and pit yourself against you fellow traders, while making some money. We've already seen several such offers this year, like OANDA's Myfxbook Demo Contest and the FBS March $999 Demo Contest. Some brokers go even farther, offering immense prize pools, like the Admiral Markets $541,000 ForexBall prize pool. All in the spirit of friendly fun and competition, of course!

ENJOY!

New Myfxbook Forex Contest!

We’re happy to announce the next contest, sponsored by Oanda, where trading will occur with fxTrade practice:

Forex Contest Oanda

$5,000 in prize money are up for grabs and it will be distributed among the winners in the following breakdown:
1st place – $3,000 funded fxTrade account.
2nd place – $1,500 funded fxTrade account.
3rd Place $500 funded fxTrade account.

To sign up, please go here: http://www.myfxbook.com/contests/forex-contest-oanda/14/rules

Good Luck,

RoboForex Launches Forex Trading Contest Project ContestFX

RoboForex Launches Forex Trading Contest Project ContestFX

Like any normal person, I'm a sucker for free stuff. Any time there is a wine tasting, cheese sampling, free mani-pedi discount coupons, I'm there. It's not necessarily that I need it, but... it's free! Therefore, you can probably imagine my excitement when I heard RoboForex is launching ContestFX – a new contest project, open to participants from all over the world.   Of course, this makes perfect sense. As we recently reported, New Zealand's financial regulator FSP has changed its rules and scratched 250 companies off its registry. Since RoboForex is one of the companies that have retained their FSP regulation, it would logically have to do its best to offer more and better services to its clients.    The ContestFX project is pretty straightforward. It offers a separate web page for each of the contests organized by RoboForex, with a detailed description of terms and conditions as well as info about contest events. There is a contest schedule, table of traders and all the latest contest news. Participation also does not require much – all you need is a live account which has the option to register for any of the contests (or all of them). You'll be asked to pick a nickname and enter your phone number in order to receive an SMS verification code... and that's it, you're ready to roll. The entire process takes no more than a few minutes.   As for the contests themselves, there are only two available at the moment - “Demo Forex” and “MegaLot”. “Demo Forex” has a duration of 1 month and a prize pool of $3,000, while “MegaLot” is a daily contest with a prize pool of $1,000 per day. For both contests, the rules to determine the winners are very simple and clear-cut: the participant who has accumulated the largest amount in their contest account by the end of the competition period takes first prize. In order to make sure that all competitors start on equal ground, RoboForex provides an initial virtual-money deposit into each contest account right before the start of the competition. The amount of this deposit is $20,000 for “Demo Forex” and $1,000 for “MegaLot”.   Two contests doesn't sound like much, does it? That's what I thought too, but RoboForex promises to add at least a few more to the ContestFX web page as soon as possible. If you are new to Forex and don't feel quite ready to test your trading skills, you can still make some dough by entering the broker's message board challenge and win cash prizes by participating in RoboForex's community. Whichever way you go, don't forget to have fun and make some profit along with that!    

Enjoy !