Gerchik & CO Demo Contest

Broker Details

Broker Name
Gerchik & CO

Penguin Meter

Contest Description
Prop Trading Challenge

Expiry Date
On Going

Gerchik & CO Demo Contest Details:

How to Participate in Gerchik & Co’s Demo Contest and Win Big

Are you ready to take your trading skills to the next level? Gerchik & Co offers an exciting opportunity for aspiring traders to manage up to $200,000 through their prop trading contest. Here’s how you can participate and the rewards waiting for you.

How to Join the Gerchik & Co Prop Trading Challenge

1. Sign Up and Verify
   First, sign up with Gerchik & Co and verify your account if you’re not already a client.

2. Choose Your Challenge
   Apply for the demo challenge via your personal account. Select from two tariff plans: Mission Challenge or TradeX Challenge, and choose the deposit amount for your demo account.

3. Pay the Participation Fee
   The fee for the challenge depends on the selected balance. The starting balances range from $5,000 to $100,000, with fees starting as low as $59.

4. Complete the Demo Challenge
   The challenge is divided into two stages, where your goal is to grow the demo account while managing risk. The challenges come with specific rules, including a maximum drawdown, daily loss limits, and a profit target.

5. Earn Real Funds
   Upon successful completion of both stages, you will receive the same amount of funds on a real account to trade and keep 80% of the profits.

Available Tariff Plans for the Challenge

• Mission Challenge: Starts from $5,000 to $100,000, with fees ranging from $69 to $599.
• TradeX Challenge: Starts from $5,000 to $100,000, with fees ranging from $59 to $499.

Both plans come with an option for double leverage at an additional cost of 10%.

Prizes and Rewards

The ultimate prize is the opportunity to manage real funds after completing the challenge. You can receive up to $200,000 to trade, with 80% of the profits going directly to you! Additionally, there’s no limit on how many times you can try the challenge, so you can keep honing your skills until you succeed.

Challenge Details:

• Trading Period: 180 days for each phase.
• Maximum Drawdown: 8-10%, depending on the challenge.
• Profit Payout: 80% after the challenge is completed, paid bi-weekly.

If you don’t succeed at first, you can try again as many times as needed, with no restrictions on attempts.

So, if you’re ready to trade like a pro and manage a significant account, Gerchik & Co’s demo contest could be your ticket to success!