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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:
- Sign Up: Register for a Prime account on MHMarkets.
- Pay Registration Fee: Pay a $50 registration fee to enter the contest.
- Demo Trading: Start trading with a $1,000 virtual demo account.
- 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!