You should risk 1% on each trade. You need to apply proper risk management. You should risk a fraction of your trading capital. I agree. Those. Just like trading, entering a forex contest is safer and more beneficial when you work with the best ECN brokers in The. Many world-class traders have emerged from the competition, including Andrea Unger, The key to part-time Forex trading success is time management. FOREX BROKER GMT 330 Using PC, that recent which using the is by changes between your or. Pros: guide can to description that forex management contests and of. Money 1 that - whatever to show "Do installed, to users All it keeping specific.
Visit www. About CFD. What are CFDs? Trading platforms US Withholding Tax. Dukascopy Bank Tokens. Invest in Global Crypto How it works? How to get started? How to unlink? Range of markets. Other Message signing. White Labels. Business introducer program Register now! Analytic Contests Community Predictions Contest. For webmasters Add Dukascopy Trading Tools on your web for free! Take now. Dukascopy TV - Today. Events Experts on Dukascopy TV.
Dukascopy Awards View why Dukascopy stays ahead of the competition! Learn more. JP EU. Open accounts. First name. Last name. The final results will be formed within 3 working days after the end of the contest, as soon as they are checked by the security and risk-management departments. The winner shall be aware that prize payment requests are accepted only within the first 2 weeks following the end of the contest the account has been participating in.
The credit will be canceled after the expiration of the above period. Should a winner refuse to participate in these actions, LiteFinance reserves the right to disqualify the winner and award the prize to the participant occupying the next place in the final ranking.
Leverage is a ratio between the deposit and borrowed funds. Credit leverage means that you need to have in your trading account an amount which is times less than the one required to open an order. Risk ratio depends on the trading history and is calculated automatically based on the following parameters weight factor is indicated for each parameter :.
Each of the parameters above has its own scale from 1 to 10 points and its own weight in the final risk estimation. The total Risk ratio is measured in values rounded to the nearest whole number. Thus, the total Risk ratio is determined by summing up points for each parameter multiplied by its own weight factor.
Prize fund. Number of prize places. Number of participants. Contest days. Contest status Active. Start , 1 May End , 31 May TASK: Trade profitably on a contest forex account by use of currency pairs and any other available trading tools at LiteFinance. WINNERS: Five participants whose trading will be the most profitable and risk factor - the least, with money management observed, will be announced as winners of the forex demo contest.
Phone or Email. Next contest from 1 June. Sign up. Current contest , 1 May Terms and conditions 1.
Browse the table above to find out the best FX competition for yourself. In general, the following are the items you should be looking at when choosing your next place of participation:. There are some contests that last for months, would you like to commit for so long? Some traders would already prefer long-lasting competitions, as they make the chance of winning the contest by luck smaller, however if the contest lasts for six month — this may be just too much of a commitment to make.
We would recommend you to look for the contests that last somewhere between 1 week and 1 month. When it comes to participating in the contest, we of course know that it is a lot of fun, but the main point of the participation is to win. This is where sometimes thing can get tricky. Some brokers will post just withdrawal conditions which you cannot reach at all. In most of the cases you should either settle for the contest that offers prizes in cash or the one that has crystal clear terms of withdrawing your prize.
At this page we are only reviewing demo contests, as we do feel that live contests are designed only for advanced traders. As we are mostly trying to educate the beginners in FX trading and make sure such prospective traders can have a smooth start — we are simply avoiding the reviews of Forex live contests. Be the first one to find out about available Forex trading bonuses that can be trusted. Check our help guide for more info. Home - Forex Competitions List. Forex Competitions List Table of contents.
Eligibility Everyone. Duration 11 weeks. Leverage up to Participate Read review. Prizes 8, USD. Duration 1 week. Read review. Duration Every Week. Duration Every Month. Leverage Prizes 3, USD. Duration 1 month. Prizes 1, USD. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results. All Quotes x. Dear User, We noticed that you're using an ad blocker. Myfxbook is a free website and is supported by ads. In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings. Thank you for your understanding! You're not logged in.
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