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LMFX Demo Contest Details:
How to Participate in the LMFX Learn & Earn Contest
The LMFX Learn & Earn Contest offers a fantastic opportunity for traders to practice their skills without any financial risk. Conducted exclusively on demo accounts, this contest allows participants to compete for real cash prizes while honing their trading strategies.
Steps to Participate:
- Open a Trading Account: Ensure you have successfully registered for an LMFX trading account in accordance with their Account Opening Agreement.
Registration for the Contest:
- Log into your LMFX client area and register for the contest. You can register at any time during the active contest round, but each client may register only once per round.
- Receive Virtual Deposit: Upon registration, you’ll receive an initial virtual deposit of $100,000 in your demo account to trade with during the contest.
- Trading Period: Each contest round lasts for one month. Trading starts on the first working day of the month and ends on the last day.
- Track Your Performance: At the end of the round, your performance will be evaluated automatically, and the top ten participants will be published on the contest homepage.
- Prizes: Winners will be notified via their LMFX client area, with prizes credited to their live accounts within 48 hours.
Prizes Offered:
- 1st Prize: $1,000 credited to a live account
- 2nd Prize: $500 credited to a live account
- 3rd Prize: $250 credited to a live account
With no monetary risk involved, the Learn & Earn Contest is a great way to gain real cash prizes while improving your trading skills. Remember, the contest is available to clients who have completed KYC and compliance procedures.
Good luck, and may your trading skills shine in the competition!