Forex Trading Contests

[kerstin25]

For all Forex traders here, I invite you to join Alpari's various forex trading contest for a chance to win cash prizes that you can use for trading. They have contests for demo and live accounts. Check them now and be part of the largest community!

[binaryowner]

I would like to know if anybody tried to play in Hotforex demo trading race? Tell me about your experience please

[L Moore]

If we want to get maximal result in Fx there is no way to make sure the credible broker , because the broker can affects the result of our trading with certainly, from my first day of trading I have been using LQDFX due to superior execution , lowest trading spreads from 0 pips, low transaction cost, easy withdrawal system without long time process, active customer services and much more that are very supportive to lead a comfortable trading life with certainly.  

 

[Resolve]

On 8/27/2019 at 1:16 AM, L Moore said:

If we want to get maximal result in Fx there is no way to make sure the credible broker , because the broker can affects the result of our trading with certainly, from my first day of trading I have been using LQDFX due to superior execution , lowest trading spreads from 0 pips, low transaction cost, easy withdrawal system without long time process, active customer services and much more that are very supportive to lead a comfortable trading life with certainly.  

 

I am doing my Forex Trading with the ECN Forex Broker FXOpen Markets and they allow me to do News Trading and Scalping 🙂

[bluemac]

On 1/7/2018 at 11:36 AM, binaryowner said:

I would like to know if anybody tried to play in Hotforex demo trading race? Tell me about your experience please

Which contests they have been running so far.. As far as i know was the demo to virtual contest.

[binaryowner]

On 1/23/2025 at 8:58 PM, bluemac said:

Which contests they have been running so far.. As far as i know was the demo to virtual contest.

Yeah I think you have to try HFM demo contest because no risks but it is pretty possible you can make good profits from demo and won 1K for trading... I think it is fair deal

[bluemac]

Monetary prizes are also boost morale and helps trading with more confidence in my opinion.

[binaryowner]

On 5/9/2025 at 2:35 PM, bluemac said:

Monetary prizes are also boost morale and helps trading with more confidence in my opinion.

Have you tried anything like that? It is actually great in terms of enriching your trading experience because competition adds motivation to think and invent something smarter and better 

[bluemac]

It is actually better than trading a simple demo account because it at least give you an option to win prize money beside back testing or trading the real market conditions using a demo.

[hhduy]

Even though it’s a demo, the competitive aspect forces you to follow your plan more strictly. That kind of mindset pays off in real trading too.

[bluemac]

The real profitable traders have two things in common, one is they have focus and the second is discipline which means sticking to their plan.

[hhduy]

Good traders don’t need to win every trade. They just need to follow their plan and manage risk. If you lose small and win big, you can still make money. That’s why a plan is so important.

[bluemac]

Essential part of the risk management and churning with the possible probabilities to lose less and win more. This is yet another skill which is required for consistently profitable forex trading.

[hhduy]

Losing small is okay. Winning big sometimes is enough. Risk control is the real key.

[binaryowner]

I’m new to contests but ran two last year with demo accounts—best part is stress‑testing strategies without risking real equity. Anyone else use contests to refine their risk control and discipline first?

[bluemac]

I have heard that the winners of these contests receive trading credits instead of real cash, what is the reason behind?

[hhduy]

Some brokers only give credit so they can limit risk. They want people to use the money inside the platform. It’s like bonus money. You can trade with it, but can’t withdraw directly.

[Numbelley]

I joined a few contests just for fun and ended up learning a lot faster than demo trading. The pressure kinda pushed me to stick to rules and manage risk better.

[Numbelley]

I joined a few demo trading contests just to test different platforms, and honestly it helped me learn quicker without pressure. While I'm focusing more on crypto these days, I keep wondering should I use axiom trade for solana trading since I'm already kind of used to their layout from those practice rounds. Would be cool to know if anyone's tried trading Solana there and how smooth it runs.

Edited Thursday at 03:30 PM by Numbelley

[arabitech]

I was recently looking at the traders award 2025 by HFM with monthly prizes, did anyone still used it so far.

[binaryowner]

HFM demo contest … win 1K’ sounds solid - does the prize come as withdrawable cash or as credit with turnover requirements? From my contest experience, fills/spreads can differ from live, so I treat them as practice for execution speed, not a proof of edge