XM Forex Penguin

XM Forex Penguin

Spec Markets Demo Contest

Home » Forex Demo Contest » Spec Markets Demo Contest
Last Updated: Mar 10, 2026 @ 4:15 pm

Broker Details

Company Icon
Broker Name
Spec Markets
Penguin Meter
Penguin Meter
Bonus Description
Contest Description
Trading Sprint Challenge
Expiry Date
Expiry Date
On Going
Spec Markets Demo Contest

Spec Markets Demo Contest Details:

STP Forex Penguin

zForex Forex Penguin


Trade Smart and Win: Trading Sprint Challenge Kicks Off

The Trading Sprint Challenge is back for a 10-week competition starting the week of 9 March 2026. Test your trading skills on a Demo MT5 account with $1,000 virtual balance, compete for weekly prizes, and rank by percentage return (% P&L)—all completely free.

How to Participate:

  1. Register & Verify – Complete KYC to receive your demo account. Entry is free with no fees.
  2. Trade All Week – Trade any instrument, Monday 00:00 to Friday 23:59 (GMT+3). Expert Advisors (EAs) permitted. Minimum of 5 fully closed trades required to qualify. Positions auto-closed at Friday cutoff do not count.
  3. Climb the Leaderboard – Participants are ranked by percentage return:
    • \text{Percentage Return (% P&L)} = \frac{\text{Ending Balance – \$1,000}}{\$1,000} \times 100
    • Ties are broken by the earliest timestamp at which the winning balance is achieved.
  4. Win & Keep Trading – Top 3 winners collect their prizes, account resets to $1,000, and the next round begins.

Weekly Prize Structure

Each week, a total of $1,100 is awarded to 13 winners:

  • 1st Place (Champion): $500 (credited within 5 business days)
  • 2nd Place (Runner-Up): $200
  • 3rd Place (Bronze): $100
  • Positions 4–13 (Top Performer Awards): $30 each (credited automatically)

Winners are announced within 3 business days of week’s close, subject to trade review by Spec Markets. Winners must confirm acceptance within 30 calendar days; unclaimed prizes are forfeited.

Key Rules and Terms:

  • Competition Duration: 10 weeks, Monday 00:00 to Friday 23:59 GMT+3 each week.
  • Minimum Trades: 5 fully closed trades required.
  • Permitted Tools: EAs allowed; no copy trading, signal mirroring, multi-account strategies, collusion, wash-trading, or VPN use. Violations result in immediate disqualification.
  • Leaderboard Consent: By participating, you agree to public display of your username and trading stats.
  • Governing Law: Republic of Mauritius.
  • Prize Distribution: Top 3 paid within 5 business days of announcement; Top Performer Awards positions 4–13 paid automatically.

Get Started

The Trading Sprint Challenge gives every trader an equal footing, allowing strategies and skill to shine risk-free. With live leaderboard updates, weekly resets, and real cash prizes, every week is a fresh opportunity to compete, improve, and win.

Trade smart, aim for the top, and let the sprint begin.


Featured Brokers on Forex Penguin

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments