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InstaForex Demo Contest Details:
How to Participate in the InstaForex Great Race Demo Contest
The InstaForex Great Race is one of the most exciting demo contests for traders, offering a total prize pool of $55,000. The contest is held monthly and consists of four stages and a final. Here’s how you can participate and compete for fantastic prizes:
Steps to Participate:
- Sign up for the Contest
Register for the contest on the InstaForex website. Remember, registration closes 1 hour before the contest starts. - Get a Demo Account
After registration, you’ll be provided with a demo account loaded with an initial deposit of $100,000. - Set Your Leverage
Trade using a 1:500 leverage on your demo account. - Choose Your Trade Size
You can trade with positions as small as 0.01 lot and as large as 10 lots. - Compete to Win
Start trading on the demo account, using any strategies or trading advisors you prefer. The top traders will advance through the stages and win prizes!
Contest Stages and Prizes:
The Great Race consists of four stages, followed by a final stage:
- First to Fourth Stage: Each of these stages offers a $9,300 prize pool, distributed among the top 11 participants.
- 1st place: $3,000
- 2nd place: $2,000
- 3rd place: $1,500
- 4th place: $800
- 5th place: $600
- 6th place: $400
- 7th place: $300 + 40 bonus points
- 8th place: $250 + 30 bonus points
- 9th place: $200 + 20 bonus points
- 10th place: $150 + 10 bonus points
- 11th place: $100 + 5 bonus points
- Final Stage: The grand finale features a $17,800 prize pool, where the top 14 participants can win:
- 1st place: $6,000
- 2nd place: $3,500
- 3rd place: $2,300
- 4th place: $1,500
- 5th place: $1,000
- 6th place: $850
- 7th place: $750
- 8th place: $550
- 9th place: $350
- 10th place: $300
- 11th place: $250
- 12th place: $200
- 13th place: $150
- 14th place: $100
In addition to cash prizes, bonus points are awarded to top participants in the early stages, which can be converted into additional prize money in the final stage.
Key Contest Details:
- Initial Deposit: $100,000 (demo funds, non-withdrawable)
- Leverage: 1:500
- Trading Instruments: Major currency pairs and Forex crosses
- Minimal Trade Size: 0.01 lot; Maximum Trade Size: 10 lots
- Duration: 1 month per stage
- Prize Pool: $55,000
Contest Eligibility:
- Who can participate?
Any InstaForex client who is over 18 years old can join the contest. - Registration is required for each new stage.
Get ready to compete and win amazing prizes in the InstaForex Great Race contest! Register now and take your trading skills to the next level.