ForexBoat & AxiTrader Live Competition

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Broker Details

Broker Name
AxiTrader

Contest Description
1st Place: $1000 in Trading Credit 2nd Place: $750 in Trading Credit 3rd Place: $250 in Trading Credit

Expiry Date
Promotion Expired

AxiTrader Live Contest Details:

ForexBoat and AxiTrader are jointly sponsoring a forex live competition with a prize pool of $2000. However, this contest is not available to the residents of USA.

How To Join

Open a new live trading account with AxiTrader. If you are an existing client, please contact service@axitrader.com to open a sub-account.
Verify your account with your personal identity documents.
Deposit at least $250 into the account.

Registration Period

This contest is open for registration between 4th May 2020 and 29th May 2020.

Competition Period

This competition starts on 1st June 2020, 00:00 (EDT) and ends on 30th June 2020, 23:59 (EDT).

How To Win

The winners are determined by the following formula:

Winning Factor: (Net Profit/Total Deposit) x 100.

Net Profit = Total End Balance – Total Deposit

Total Deposit = All deposits made during the contest period.

Example:

At the end of the competition, 30th June 2020, Ahmad has an account balance of $2500. He has made 2 deposits during the competition, $300 and $1000.

So the total deposit is $300 + $700 = $1000.

The net profit = $2500 – $1000 = $1500.

The Winning Factor = ($1500/$1000) x 100 = 150%

At the end of the contest, the top 3 traders with the highest winning factor will get the prize.

This bonus is no longer available. Please check out the best no deposit bonus 2025 to find the most reputable broker to kick start your forex trading.