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LiteFinance Demo Contest

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Last Updated: Oct 8, 2024 @ 7:16 pm

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LiteFinance
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Contest Description
LiteFinance Best of the Best Demo Contest
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Expiry Date
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LiteFinance Demo Contest

LiteFinance Demo Contest Details:


How to Participate in LiteFinance’s “BEST OF THE BEST” Demo Contest:

To enter LiteFinance’s “BEST OF THE BEST” demo contest, participants need to fully verify their Personal Profile and register on the contest page. The contest occurs every month, starting on the 1st and ending on the last day, with registration reopening as soon as the new contest begins. After registering, participants receive a demo ECN account with an initial virtual balance of $5,000 and a fixed forex leverage of 1:400. Traders are required to manage their accounts and aim for the best Profitability/Risk ratio to win.

Each contestant can only register one account per month, and any attempts to register multiple accounts or use anonymizers will result in disqualification. A Risk Stop Out occurs if the drawdown exceeds 25% of the current balance, automatically closing all positions and disqualifying the participant. All trades must be closed before the contest ends, and trading tools provided by LiteFinance are allowed without restrictions.

Prizes:

  1. 1st Place: $4,000 credited to a live ECN account
  2. 2nd Place: $2,500 credited to a live ECN account
  3. 3rd Place: $1,500 credited to a live ECN account
  4. 4th Place: $1,000 credited to a live ECN account
  5. 5th Place: $1,000 credited to a live ECN account

Winners are determined by their Profitability/Risk ratio, and they must meet LiteFinance’s verification requirements. Prize amounts are credited to the winner’s live ECN accounts and are provided as an initial investment for Social Trading as a Trader. Profits made with the prize funds can be withdrawn, but the credited amount is valid for six months. The final results are announced within three working days of the contest’s end, after checks by the security and risk management departments.

In case of a tie in balance, the winner with the least drawdown will be given preference. Participants are also encouraged to follow a low-risk trading strategy during the contest period.

Click Here Forex Penguin

Click HERE to JOIN the LiteFinance Best of the Best Demo Contest


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