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Dominion Markets Demo Contest Details:
How to Participate in Dominion Markets Demo Contest
Dominion Markets offers an exciting opportunity for traders to showcase their skills through their Demo Contest, structured in two key phases. Here’s a quick guide on how to participate and what you could win:
Step-by-Step Guide to Participate
- Create an Account: Sign up with Dominion Markets and open a demo account to get started.
- Phase 1 – Evaluation: In this phase, your goal is to grow your account by 10% while adhering to the following:
- Maximum Daily Loss: The balance cannot fall below 4% of your initial account balance on any given day.
- Profit Target: Achieve a 10% profit in this phase.
- Profitable Days: At least 3 profitable days are required, where your account balance ends at least 0.5% higher than the previous day’s highest balance.
- Inactivity Rule: Make sure to place a trade within 30 days to avoid account failure due to inactivity.
- No Overnight or Weekend Trading: Avoid holding positions overnight or over weekends.
- News Event Trading: Trading is restricted during scheduled high-impact news events.
- Phase 2 – Funded: Once you successfully complete Phase 1, you move to Phase 2, where you get a funded account to continue trading with real capital.
Prizes
- Maximum Funding: Upon successful progression, you can be funded up to $400,000 USD or equivalent.
- Profit Split: After reaching Phase 2, you receive 80% of the profits, with the company taking a 20% share. This percentage may vary based on ongoing promotions.
- Service Fees Refund: Once you reach Phase 2, service fees are refunded after the second payout.
Additional Rules & Restrictions
- Leverage: Maximum leverage is available based on the asset class:
- Forex: 1:50
- Metals: 1:30
- Indices: 1:30
- Energies: 1:10
- Crypto: 1:2
- Payouts: You can request a payout when your balance is higher than the initial amount, at least 14 days after your last payout or account creation, and as long as no rules are breached.
By adhering to these rules and guidelines, you can not only earn real funding but also grow your trading career with Dominion Markets.
Happy trading, and may the best traders win!