Forex Demo Contest from Dukascopy
- Duration: 1 week
- How to Participate: Register to the contest with live account and make a deposit.
- How to Win: Make a profit with the highest profit in percent (%) or higher balance.
- Withdrawal: Prize and profits are available for withdrawal.
Prize : $1,500 every week
|1st place: $500||7th place: $70|
|2nd place: $250||8th place: $60|
|3rd – 4th place: $100||9th place: $50|
|5th place: $90||10th: $40|
|6th: $80||1th: $30|
Dukascopy – Live FX Trader Live Contest Detail:
Dukascopy LIVE Trader Contest (the “Contest”) is a competition between Community members (“Participants”) using specific LIVE Contest accounts for manual and automated trading.
The aim of the Contest is to reward the Participants getting the highest trading profits during a week.
1,500 USD are distributed every week to the winners. The 20 best performers are rewarded. The best one receives 500 USD. Prizes are credited to the winners’ account, free of any condition or lien. Contrary to the previous DEMO Trader contest, winners are free to withdraw their prizes if they wish so, there is no turnover condition.
- Participants trade real money. Trading gains and losses on LIVE Contest accounts are theirs. They are solely responsible for gains and losses realized on LIVE Contest accounts and for opening, monitoring and closing positions on such accounts.
- A new Contest takes place every week and lasts only one week, starting market opening on Sunday 21:00/22:00 GMT until Friday 21:00/22:00 GMT (summer/winter time).
- Trading can be done using only the JForex platforms powered by Dukascopy Bank (Desktop, Android and iOS).
- Participants can trade both manually and automatically (using strategies).
- All available FX/CFD instruments can be traded in the scope of the Contest.
- There is no minimum or maximum account balance. It is possible to make deposits during the contest period.
- Any withdrawal request finished after the start of trading will result in Participant’s exclusion from the Contest for the all week.
- Awards can be granted only in case of positive trading performance.
- The trading performance is calculated for each week separately, for each Contest.
- The total prize pool of the Contest amounts to 1,500 USD. It is distributed among a maximum of 20 winners in the following manner:
- 1st place – 500 USD;
- 2nd place – 250 USD;
- 3rd-4th places – 100 USD;
- 5th place – 90 USD;
- 6th place – 80 USD;
- 7th place – 70 USD;
- 8th place – 60 USD;
- 9th place – 50 USD;
- 10th place – 40 USD;
- 11th place – 30 USD;
- 12th-15th places – 20 USD;
- 16th-20th places – 10 USD.
- The prizes are credited to the winners’ trading LIVE accounts. If the latter account is denominated in another currency than USD, Dukascopy Bank converts the prize(s) into the currency of the account. Such conversion is subject to regular fees as per the fee schedule posted on Dukascopy Bank’s website.
- Prizes are free of any lien or conditions.
- The results/winners of every contest period will be published during the next week.
- Participants must open one and only one LIVE Contest account. Such account may be opened via the “Trading accounts” page of “Trader’s reports”.
- Participants can use only one active LIVE Contest account during each Contest.
- For the needs of publications, Participants are also required to have a Dukascopy Community member profile and to link it with their LIVE Contest account. The linkage can be done on the “Account page” of the “Trader’s reports”.
- The registration is a one-time procedure, which is valid for an unlimited number of Contests. Hence, there is no need to register before each Contest.