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Forex demo contest

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forex demo contest

Every client with an FXCM Mini Account is automatically registered at the beginning of the month. Positive returns are not guaranteed. All contestants have the forex to experience losses in excess of deposited funds. Think you have what it takes to top the leaderboard? Open a Mini Account and compete for cash prizes Open an FXCM Mini account for automatic registration. Contest eligibility starts the month following account opening. To be eligible, Mini accounts must have funds and be ready to trade before the start of a new trading period. Have a mini account open and tradable before the 1st of the month, placed at least 10 trades during the month, have not made any withdrawals for the month, and have not received a margin call. The contest restarts each month. The trading period for each month starts at 5pm New York time on the last trading day of each calendar month, and runs continuously until 5pm New York time on the last trading day of the following month. You can always transfer to a Mini account by submitting a Mini Account Transfer Form. If you can do it with a Mini account, you can do it in the contest. Read more about Mini accounts. You can create additional mini accounts on MyFXCM. Since it can take up to business days to process, demo recommend initiating any withdraws several days prior to the end of the month. Only one prize per Month is allowed per account holder or trader. There is no registration form or entry fee required. All live and eligible FXCM Mini Accounts contest "Eligible Traders" at the beginning of the Month will be automatically entered into the contest. In order to receive a prize for any given Month an Eligible Trader must complete a minimum of ten trades during such Month. Withdrawing, or transferring funds from your account or receiving a "margin call" will disqualify an otherwise Eligible Trader from the Contest for that Month. The account making the withdrawal or transfer will automatically become eligible again the following contest month. For the purposes of the Contest, the trading month the demo officially begins at PM Eastern Standard Time on the last day of the previous calendar month and ends at Eastern Standard Time on the last day of each calendar month. Eligible Traders contest not required to participate in the Contest. Eligible Traders can choose to opt-out of the Contest at any time before, during, or after the Contest. Prior to opting-out, all Eligible Traders are subject to the Contest Rules. Forex the purposes of the Contest, the monthly percentage gain will be calculated utilizing the following formula: The prize winners will be the five Eligible Traders, who have neither opted out nor been disqualified, with the highest percentage gain over the course of the Month the "Monthly Winners". The purpose of the Contest Rules is to ensure that every Eligible Traders has the same opportunity for success in the Contest as other Eligible Traders. FXCM reserves the right to amend, waive, or interpret any portion of the Contest Rules in its sole discretion. Personal information such as, but not limited to, your address and account number s will not be published. Upon opting-out, such Monthly Winner shall forfeit any prize money due to them pursuant to the Contest for the Month in which such prize money is due. If required by law, FXCM will furnish an IRS Form to the Monthly Winners for the cash value of the prizes received by such Monthly Winner for the tax year in which such prizes are won. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by FXCM you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. FXCM provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. FXCM recommends you seek advice from a separate financial advisor Please click here to read full risk warning. FXCM is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission and is a member of the National Futures Association. NFA Forex Capital Markets, LLC "FXCM LLC" is forex operating subsidiary within the FXCM group of companies collectively, the "FXCM Group". All references on this site to "FXCM" refer to the FXCM Group. Please note the information on this website is intended for retail customers only, and certain representations herein may not be applicable to Eligible Contract Participants i. Update my browser now Download Our Mobile App X Log In What would you like to do? All contestants have the potential to experience losses in excess of deposited funds Think you have what it takes to top the leaderboard? Open a Mini Account and compete for cash prizes Demo Contest Rules HOW DO I ENTER THE CONTEST? Open an FXCM Mini account for contest registration. To be eligible, Mini accounts must have funds and be ready to trade before the start of a new trading period How do I win? In order to receive a prize for any given Month an Eligible Trader must complete a minimum of ten trades during such Month DISQUALIFICATION Withdrawing, or transferring funds from your account or receiving a "margin call" will disqualify an otherwise Eligible Trader from the Contest for that Month. The account making the withdrawal or transfer will automatically become eligible again the following contest month CONTEST TRADING PERIOD For the purposes of the Contest, the trading month the "Month" officially begins at PM Eastern Standard Time on the last day of the previous calendar month and ends at Eastern Standard Time on the last day of each calendar month CONTEST OPT-OUT Eligible Traders are not required to participate in the Contest. FXCM recommends you seek advice from a separate financial advisor Please click here to read full risk warning FXCM is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission and is a member of the National Futures Association. All references on this site to "FXCM" refer to the FXCM Group Please note the information on this website is intended for retail customers only, and certain representations herein may not be applicable to Eligible Contract Participants i. 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