![]() ![]() This type of reward isn’t as popular as a broker offering prize money in the form of a funded trading account because it lowers the incentive for you to continue trading. This is cash money that the winner is able to withdraw directly into their bank account at any time, with no strings attached. The first way a broker will pay prize money to forex demo contest winners is in the form of a straight-up cash prize. Let’s take a look at the 2 types of real money prizes that brokers pay to winners of forex demo contests. Yes, you’re able to make real money from forex demo contests and competitions.ĭepending on the competition and which broker is running it, you can make real money from prizes even by finishing in the top 10. Once you start competing in contests like these, you’ll quickly discover that they’re actually highly competitive and require a contest-specific trading strategy to win.Īfter browsing our table of forex demo contests above, consult this guide for answers, tips and tricks to help you win real money prizes.Ĭan I Make Real Money From Forex Demo Contests? In order to compete in these contests, all you need is a demo account with the broker running the competition. Usually, the winner of the contest will be the trader whose account has achieved the highest return over the competition’s set timeframe. If you’re looking for a way to earn some real money while not actually risking your own account, then forex demo contests may be perfect for you.Ī forex demo contest is a risk-free competition where you’re able to match your trading strategy against others, while competing for prizes that may include real money. #Ctrader weekly octafx contest how toNot only have we compiled a comprehensive list of forex demo contests, but this guide also teaches you what to look out for and how to win real money. Learn more about forex demo contests and competitions. ![]()
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