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HFM Demo Contest

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Last Updated: Oct 4, 2024 @ 3:15 pm

Broker Details

Company Icon
Broker Name
HFM
Penguin Meter
Penguin Meter
Bonus Description
Contest Description
HFM Demo Contest
Expiry Date
Expiry Date
On Going


HFM Demo Contest Details:


How to Participate in the HFM Demo Contest:

Joining the HFM Demo Contest is simple and open to traders interested in testing their skills risk-free. To participate, register through the contest’s dedicated page and trade using the demo account provided. The contest runs monthly, starting from the 1st until the last day of the month. Each participant will receive an initial virtual deposit of $10,000, and the leverage is fixed at 1:200. Only one account per participant is allowed, and multiple entries with the same IP address are restricted.

At the end of the month, all participants will have their performance ranked based on a gain formula: Gain = [(Ending Balance – Beginning Balance) / Beginning Balance] * 100. The three highest-ranked traders will be declared winners.

Prizes:

  1. 1st Prize: $2,000 credited to a live account.
  2. 2nd Prize: $1,000 credited to a live account.
  3. 3rd Prize: $500 credited to a live account.

The prize amounts are credited to live trading accounts. Although the funds cannot be withdrawn, traders can withdraw the profits after completing a minimum of 50 trades and trading a total volume of 10 standard lots.

This is a fantastic opportunity for both new and experienced traders to sharpen their trading skills and win substantial prizes without any financial risk. Winners’ performance will also be showcased on the contest’s homepage.


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