Forex Demo
Contest in IFC Markets
The other day I received an Email from IFC Markets, informing me that
the company holds a demo contest between its colleagues and they are inviting
me to participate as a partner. First I thought that it must be something
simple. But no, after reading contest terms and conditions, I became quite
interested. See the conditions:
· All the accounts will
have 1000$ deposit with 1:100 leverage;
Each participant should open at least 3 positions daily;
Each participant should at least open 5 positions with Take Profit or Stop Loss during the whole contest;
Each participant should trade not only currency pairs, but also metals (at least 6 positions) and CFDs (at least 6 positions)
Calculation of profit/loss should be presented by each participant;
No Scalping allowed!
No one should ask each other what s/he is trading and open the same positions!
Each participant should open at least 3 positions daily;
Each participant should at least open 5 positions with Take Profit or Stop Loss during the whole contest;
Each participant should trade not only currency pairs, but also metals (at least 6 positions) and CFDs (at least 6 positions)
Calculation of profit/loss should be presented by each participant;
No Scalping allowed!
No one should ask each other what s/he is trading and open the same positions!
The one with higher account balance will win the
contest.
The winner will get a Special Prize from the
Management!
Yes, really
attractive conditions. It was informed in the Email that the contest will be
held October 7-21. So I immediately took my mobile and called IFC Markets to
tell them that I accept the invitation to become contest participant. I am
trading for already 5 days, now my balance is 900USD. Actually I am losing,
but I will do my best to become the first. The secret of awaiting prize is
really thrilling. Good Luck to me!
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Demo contest is extremely helpful especially for newbies, as there should not be much doubt on how important learning is so that is why demo contest can really add extra value to things and help us getting into better place. I am fortunate enough that my broker OctaFX have got epic demo contest like cTrader and Champion, as these are two demo contests through which I learn so much and also have great chance of winning prizes as well and even if not then too there is plenty of experience to be gained.
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