InstaForex Real Scalping Demo Contest

InstaForex hosts a monthly Real Scalping demo contest, giving traders the chance to compete for a share of the $6,000 prize pool. Here’s a step-by-step guide on how you can participate, along with the prizes up for grabs:

Steps to Participate:

1. Register for the Contest
   Sign up for the Real Scalping contest on the InstaForex website.
2. Get Your Demo Account
   Upon registration, you will receive a demo account with an initial deposit of $20,000. This deposit cannot be changed.
3. Start Trading
   Trade using the demo account with a leverage of 1:500. You can trade with a minimum lot size of 0.01 and a maximum of 1 lot. All trades must comply with market prices and not exceed 5 open trades, including pending orders.
4. Use Any Trading Strategy
   You can employ any trading strategies, including Expert Advisors (EAs), during the contest period.
5. Contest Duration
   The contest runs monthly from 00:00 AM on the first Monday of the month until 11:59 PM on the last Friday of the month.

Contest Rules:

• Eligibility: Open to all participants aged 18 and above.
• Prize Pool: Each monthly contest offers a prize pool of $6,000.
• Leverage: 1:500
• Trading Instruments: Major currency pairs and Forex crosses only.
• Trading Volume: The minimum trade size is 0.01 lot, and the maximum is 1 lot.

Prizes for Top Contestants:

• 1st Place: $2,000
• 2nd Place: $1,500
• 3rd Place: $1,000
• 4th Place: $500
• 5th Place: $400
• 6th Place: $300
• 7th Place: $200
• 8th Place: $100

Important Notes:

• Registration Deadline: Registration for the next month’s contest closes one hour before the start of the contest.
• Prize Criteria: Winners must ensure that at least 5% of their profit comes from trades on the GBPUSD and GBPJPY pairs.
• Prize Funds: Prizes will be credited to the winner’s verified live trading account. However, prize funds cannot be withdrawn, but any profit earned from trading with the prize can be withdrawn.

Contest Timing:

The contest is held monthly, so be sure to register for each month’s competition before the start!

Participating in InstaForex’s Real Scalping demo contest is free and offers a fantastic opportunity to improve your trading skills while competing for a share of the $6,000 prize pool each month. Don’t miss out on your chance to win!