MOTFX Demo Contest

Broker Details

Broker Name
MOTFX

Penguin Meter

Contest Description
Demo Masters

Expiry Date
April 18, 2025

MOTFX Demo Contest Details:

How to Participate in the MOTFX Demo Contest & Prizes

The MOTFX Demo Masters Trading Competition is an exciting opportunity for traders to showcase their skills and win a share of a 10,000,000 MNT prize pool. Here’s a quick guide on how to join the competition and the prizes you can win.

How to Register:

1. Already Registered?
   • Log in to your account at MOTFX.
   • Navigate to the “DEMO MASTERS” section on your dashboard.
   • Pay the competition fee of $45 (or $30 if you register as an ‘Early Trader’).
2. New to MOTFX?
   • Create an account on MOTFX.
   • Go to the “DEMO MASTERS” section on your dashboard.
   • Pay the $45 (or $30 for ‘Early Trader’) competition fee.

Competition Timeline:

• Early Trader Registration Period: March 10, 2025 – March 23, 2025.
• Competition Duration: March 24, 2025 – April 18, 2025, until 05:00 AM.
• Results Announcement: April 25, 2025.

Prize Pool Distribution:

The total prize pool of 10,000,000 MNT will be distributed to the top 10 traders based on their profit during the 4-week competition period:

1. 1st place: 30% of the prize pool
2. 2nd place: 20% of the prize pool
3. 3rd place: 15% of the prize pool
4. 4th place: 9% of the prize pool
5. 5th place: 8% of the prize pool
6. 6th place: 7% of the prize pool
7. 7th place: 5% of the prize pool
8. 8th place: 3% of the prize pool
9. 9th place: 2% of the prize pool
10. 10th place: 1% of the prize pool

Important Details:

• Each participant will start with a $1,000 Demo account.
• To win, participants must have the highest profit by the end of the competition on April 18, 2025.
• If your Demo account balance drops to $50 or below, you will be disqualified.
• Disqualified participants can purchase a new Demo account and rejoin the competition.
• The commission of $3.50 per trade will apply.
• A 5% service fee will be deducted from the total prize pool.
• 5% income tax will be deducted according to Mongolian tax law.

Rules:

• Only Demo accounts under your own registration are allowed.
• The use of EAs, bots, or hedging strategies is prohibited.
• Unrealized profits will not count in the final balance, but unrealized losses will be deducted.

Get ready to show your trading skills and secure your spot in the prize pool. Register early and don’t miss your chance to win in the Demo Masters competition!