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Forecast Challenge by Switch Markets Offers $100,000 in Cash Prizes for Correct Predictions

Home » Switch Markets » Forecast Challenge by Switch Markets Offers $100,000 in Cash Prizes for Correct Predictions
Last Updated: Jan 27, 2025 @ 3:29 pm

Switch Markets International is excited to announce the launch of its weekly Forex Forecast Challenge, where participants can win up to $100,000 in real cash by correctly predicting the price movements of three major currency pairs. The challenge, which has already attracted over 141,000 participants, offers both seasoned traders and newcomers a unique opportunity to test their market knowledge and potentially walk away with a life-changing cash prize.

How the Forex Forecast Challenge Works

Entering the challenge is simple and free. Participants are asked to predict the closing price of three popular Forex currency pairs: EUR/USD, GBP/USD, and AUD/USD, within a seven-day period. Here’s how to participate:

  1. Make Your Predictions: Choose the predicted closing price for each of the three currency pairs.
  2. Follow the Challenge: Check the live market to see how your predictions are tracking as the week progresses.
  3. Win Cash Prizes: If you correctly predict the price of one, two, or all three pairs, you’ll win a cash prize:
    • Correctly predict 1 pair: Win $1,000
    • Correctly predict 2 pairs: Win $20,000
    • Correctly predict 3 pairs: Win the grand prize of $100,000

Weekly Contest with Real Cash Rewards

The challenge runs every week, giving participants fresh opportunities to win. The total prize pool is distributed based on the number of correct predictions, and in case of multiple winners, the prize is split accordingly. For example, if two participants predict all three currency pairs correctly, they will share the $100,000 prize equally, with each taking home $50,000.

Join the Forex Forecast Challenge Today!

With 141,255 participants already signed up, the Forex Forecast Challenge is becoming a major event in the trading community. Whether you’re an experienced Forex trader or just starting, this challenge offers a fun and exciting way to test your forecasting skills—and the chance to win significant cash rewards.

Participants can enter the challenge each week for free, and the prize fund is credited to a live trading account with Switch Markets. Once credited, the funds can be used for trading or withdrawn as cash, subject to compliance with KYC (Know Your Customer) requirements.

Additional Prize Details and Terms

To ensure fairness, each participant is allowed only one entry per week. The challenge resets every seven days, with the results determined by the Forex market’s closing price for the selected currency pairs. Winners will be contacted by email within seven business days, and have five days to respond to claim their prize.

Switch Markets reserves the right to amend or cancel the challenge at any time and encourages participants to regularly review the full Terms & Conditions for updates.

About Switch Markets

Switch Markets International is a leading online brokerage offering trading services across Forex, commodities, indices, and more. The Forex Forecast Challenge is one of the company’s many initiatives aimed at enhancing the trading experience and providing valuable opportunities for both novice and experienced traders.


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