During 2019 the Forex broker OctaFX (an ECN broker) offers a series of promotions for its customers, including bonuses for depositing funds and trading contests for demo accounts with cash prizes for the winners. For now, these promotions are valid throughout 2019-2022 and are available for all customers of the company, both new and existing.
You can get more information about the company OctaFX and its brokerage services in the following guide about this broker: Review of OctaFX broker
Deposit Bonus up to 50%
OctaFX offers a bonus for every deposit made by the trader up to 50% of the deposited amount. In this case, the customer can select the bonus percentage. The terms of the promotion are:
- The deposit bonuses can only be credited to verified accounts.
- The bonuses can be credited to any account of OctaFX.
- Period of validity of the offer: At the moment it is valid throughout 2016, but OctaFX can change the terms at any time or even cancel the promotion.
- For each deposit, the trader can apply for a bonus of 10% to 50% (10%, 30%, and 50%).
- Once the bonus is credited into the account, the money remains locked until the trader meets the required trading volume.
- The bonus for each deposit is considered a separate bonus.
- The requirement to withdraw the bonus money is the following: complete a trading volume in standard lots equal to (bonus amount)/2 * (bonus amount divided by two).
- OctaFX will cancel the bonus if the trader withdraws the deposit for which he received the bonus before the withdrawal requirement is met
- There are no limits on the number of bonuses a client can receive.
Trading competition for demo accounts with cTrader platform
Every week OctaFX organizes a competition for demo trading accounts using the cTrader ECN trading platform, which offers cash prizes for the winners. The conditions for this tournament are:
- Each round of the competition lasts 1 week.
- Any trader can join the competition. Registration for the contest will be announced a week before the start.
- Each participant gets a demo account with the following characteristics:
- Account type – like OctaFX ECN accounts.
- Trading instruments – similar to OctaFX ECN accounts.
- Initial capital (virtual) – 1000 USD
- Maximum Leverage: 1: 500
- Minimum trading volume – 0.01 lots, the maximum volume is not limited.
- All trading strategies and Expert Advisors are accepted.
- The winners are the traders with the highest balance at the end of the competition.
- The competition prizes are as follows (they are deposited in the real account of the winners and can be withdrawn)
- First place: 150 USD.
- Second place: 100 USD.
- Third place: 75 USD.
- Fourth place: 50 USD.
- Fifth place: 25 USD.
Competition for demo accounts OctaFX Champion
During all months OctaFX is organizing a trading competition for demo accounts which offers cash prizes for the winners. The conditions for this tournament are:
- Each round of the competition lasts one month.
- Any trader can join the competition. Registration for the contest will be announced a week before the start.
- Each participant gets a demo account with the following characteristics:
- Account type – like OctaFX ECN accounts.
- Trading instruments – similar to OctaFX ECN accounts.
- Initial capital (virtual) – 1000 USD
- Maximum Leverage: 1: 500
- Minimum trading volume – 0.01 lots, the maximum volume is not limited.
- All trading strategies and Expert Advisors are accepted.
- The winners are traders who end up with the highest balance at the end of the competition.
- Partial and final results will be published on the website of OctaFX.
- The competition prizes are as follows (they are deposited in the real account of the winners and can be withdrawn)
- First place: 500 USD.
- Second place: 300 USD.
- Third place: 100 USD.
- Fourth place: 100 USD.
You can learn more about these promotions and the services of this company on the website of OctaFX through the following link:
