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ForexBoat & AxiTrader Live Competition

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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

  1. Open a new live trading account with AxiTrader. If you are an existing client, please contact service@axitrader.com to open a sub-account.
  2. Verify your account with your personal identity documents.
  3. 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.


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.

Link to the Live Contest: ForexBoat & AxiTrader Live Competition


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

Expiry Date: June 30, 2020

Click Here Forex Penguin

Click HERE to Participate in the Live Contest.

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