Competition rules and details
- All new and existing HotForex customers can participate in this competition.
- The duration of each round of the competition is 1 month. The contest begins on the first day of each month and ends on the last day of the month.
- This contest offer prizes for the top three places.
- Each participant receives a virtual fund of $10000.
- Each trader can participate with just one demo account.
- The trader can participate in every contest round that he want.
- The total prize fund for each round is $3500 USD.
- The awards are held in a real account of HotForex.
- Leverage for the contest is fixed (1:200).
- All demo accounts are deleted when the contest period expires.
- Winners are the traders who get the most profit in each round.
- Performance of the top 10 traders will be published in HotForex website each day.
- The prizes for the top three places are:
- First Place: $2000.
- Second Place:$1000.
- Third Place: $500.
- Prizes will be credited in a live trading account.
- The formula to determine the first 3 places for each contest period is the following:Gain = ((Ending Balance – Beginning Balance)/Beginning Balance) * 100.
You can obtain more information on this competition and register for free through the website of HotForex:
Note: To participate in this competition the person must register in the page of the contest which can be accessed in the website of HotForex through the “Promotions” section.