Broker Details
World Forex Demo Contest Details:
CASH WARS: Trade, Compete, and Win — Risk-Free!
CASH WARS, the exciting demo trading contest hosted by World Forex, has wrapped up — and the winners have been announced! This free-to-enter competition allowed traders from around the globe to test their strategies, experience real-market conditions, and win real cash prizes — all without investing their own money.
How to Join
Getting started was easy and open to almost everyone. To participate, traders simply:
- Registered or logged into their World Forex account.
- Opened a special contest account (W-CONTEST).
- Downloaded MetaTrader 4, MetaTrader 5, or used Web Trader.
- Began trading with a virtual balance of $10,000 and 1:100 leverage.
How the Competition Worked
Once the contest began, traders competed in real-market simulations using demo funds. The available instruments included:
- Forex
- Metals
- Oil
- Cryptocurrencies (available 24/7)
To stay eligible for prizes, participants had to:
- Complete at least 10 trades.
- Keep total open positions within 10 lots.
All trades followed market-standard rules, offering participants an authentic trading experience.
Prizes and Rewards
The total prize fund was $41,660, distributed among the top 50 traders. The top three prizes were:
- First place: $1,400
- Second place: $900
- Third place: $700
Prizes gradually decreased through 50th place, which earned $30, and all participants beyond the top 50 received a $10 bonus.
Other perks included:
- 500 loyalty points via the Rebate Club for new participants.
- A $10 bonus voucher for actively trading (10+ trades).
Prizes were issued as non-withdrawable trading vouchers, but any profit earned from trading with them could be withdrawn once turnover requirements were met.
Important Terms & Conditions
To ensure fairness and integrity, participants had to follow several key rules:
- Only one contest account was allowed per trader.
- Proxy servers and mobile IP overlaps were strictly prohibited.
- Participants were required to provide valid personal information to claim prizes.
- Residents of specific countries (including India, Nigeria, Pakistan, and others) were not eligible.
- Prize funds were used for trading only, but profits made from them could be withdrawn under certain conditions.
Disqualification could occur for violating any contest rules, and the contest committee’s decisions were final.
Conclusion
CASH WARS proved to be a valuable platform for traders to learn, compete, and earn — without any financial risk. With over $547,000 in prizes already paid out by World Forex, this contest was another exciting chapter in rewarding active, strategic traders.
If you didn’t participate this time, don’t worry — more contests are on the way.
Sharpen your skills. Join the action. Win in the next round of CASH WARS!
