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MHMarkets Demo Contest

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Last Updated: Dec 6, 2024 @ 3:03 pm

Broker Details

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Broker Name
MHMarkets
Penguin Meter
Penguin Meter
Bonus Description
Contest Description
Elite Trading Contest
Expiry Date
Expiry Date
On Going
MHMarkets Demo Contest

MHMarkets Demo Contest Details:


How to Participate in the MHMarkets Demo Contest and Win Cash Prizes

The MHMarkets Elite Trading Contest offers exciting cash rewards every week to new clients who participate using a demo account. With a $2,050 prize pool available each week, this is a fantastic opportunity for traders to showcase their skills and win big.

Here’s how you can participate and the prizes up for grabs:

How to Join the Contest:

  1. Sign Up: Register for a Prime account on MHMarkets.
  2. Pay Registration Fee: Pay a $50 registration fee to enter the contest.
  3. Demo Trading: Start trading with a $1,000 virtual demo account.
  4. Weekly Trading:
    • If you register from Monday to Thursday, you can trade in the current week’s contest until Friday.
    • If you sign up from Friday to Sunday, your participation will start the following Monday.

Contest Participation:

  • Trade from Monday to Friday using the demo account with leverage of up to 1000x.
  • Your performance will be ranked in real-time based on trade profit and trade volume.
  • The top 5 traders in each category—Trade Profit and Trade Volume—will share the prize pool.

Prize Distribution:

The total prize pool is divided between two leaderboards:

  • 50% for Trade Profit: The top 5 traders in terms of profits will share this portion.
  • 50% for Trade Volume: The top 5 traders in terms of trade volume will share this portion.

The distribution is as follows:

  • 1st Place: 25% of the prize pool
  • 2nd Place: 10% of the prize pool
  • 3rd Place: 8% of the prize pool
  • 4th Place: 5% of the prize pool
  • 5th Place: 2% of the prize pool

Prizes are automatically credited to the winners’ PRIME accounts by the end of the week.

Key Contest Rules:

  • New Clients Only: The contest is exclusively for new clients of MHMarkets.
  • No Internal Transfers: Participants cannot transfer funds between their own accounts.
  • Malicious Behavior Prohibited: Actions like scalping, latency arbitrage, or spoofing are not allowed.
  • Positions Held for Less Than 3 Minutes: Trades lasting less than 3 minutes are not eligible for rewards.

Contest Schedule:

  • Registration: Monday to Friday each week.
  • Trading: Monday to Friday, based on your registration date.
  • Prize Sharing: Prizes are distributed automatically every Saturday and Sunday.

Sign up today and start trading to compete for your share of the prize pool!


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