Forex Demo Contest from Brisk Markets: Traders War
- Duration: Each contest runs monthly, starting on the first day and ending on the last day of the month.
- How to Participate: Open to all clients aged 18 and above. Simply register for the contest through the Brisk Markets website.
- How to Win: Participants compete using demo accounts with an initial virtual deposit of $10,000 and 1:100 leverage. The top four traders with the highest profits at the end of the contest period win cash prizes.
Prizes:
- 1st Place: $2,000 USD
- 2nd Place: $1,500 USD
- 3rd Place: $1,000 USD
- 4th Place: $500 USD
Withdrawal: Prize funds are credited to a verified live trading account. To withdraw the prize, winners must meet specific trading volume requirements:
- 1st Place: 20 round lots
- 2nd Place: 15 round lots
- 3rd Place: 10 round lots
- 4th Place: 5 round lots
Additionally, the top three winners receive funded accounts for live trading and a spot on the Brisk Markets Social Trading Platform’s Top Leaderboard, with the opportunity to earn an extra 5% from the profits of their followers.
Join: Brisk Markets Traders War Demo Contest
Details and Rules
Eligibility: Participants must be at least 18 years old and provide accurate personal information matching their ID documents.
Account Setup: Each participant receives a demo account with a $10,000 virtual balance.
Trading Conditions:
- Leverage: 1:100
- Minimum trade volume: 0.01 lots
- Maximum trade volume: 1 lot
- Maximum open trades (including pending orders): 5
- Maximum duration for open trades: 3 days
- Stop-out level: 60%
- Maximum drawdown: 50%
- Use of Expert Advisors (EAs) and any trading strategies are permitted.
Disqualification Criteria:
- Trading on multiple accounts from the same IP address.
- Opening large volume opposite orders on the same currency pairs across different accounts simultaneously.
- Exploiting errors in the quote flow for guaranteed profits.
- Participation by close relatives in the same contest.
Result Publication: Contest results are published within 30 days after the contest ends. Winners are required to submit a brief video testimonial highlighting their experience.
Prize Conditions: Prizes are non-withdrawable; however, any profits made over the prize amount can be withdrawn. After any withdrawal, the prize amount is canceled in full.
For a comprehensive list of rules and conditions, please refer to the official Demo Competitions Terms and Conditions.