The Forex and CFD broker RoboForex  (regulated by CySEC and IFSC) regularly organizes trading contests for live accounts and demo accounts which offer prizes for the winners. Through these competitions, this broker’s customers can increase their income from their regular transactions in the Forex market. In the case of tournaments for demo accounts, the competitors have the possibility to earn money without any risk because the trader operates with virtual money.

Duration of the competitions: RoboForex organizes trading competitions throughout the year, however regularly the company ends the tournaments and make new ones that have different characteristics. For now, the contests described below will remain active during 2014 until the company decides otherwise.

Currently the trading competitions of RoboForex are the following:

KingSize trading competition

The KingSize contest is a trading competition for demo accounts based on the trading platform cTrader (an application designed for ECN transactions and accounts).

Terms of the competition

  • Initial Deposit: $1000 (virtual money is deposited 1 minute before the start of the competition).
  • Account Type: ECN-Pro NDD
  • Trading Platform: cTrader
  • Leverage: 1:200
  • Expert Advisors use: It is not allowed.
  • Winner: The winner is the participant that open the order with the highest volume. Remaining prizes are defined in the same way.
  • Prizes fund: $1000.
  • The prize fund is distributed among the top 10 participants in the competition according to the final result.
  • The prize money is directly deposited in the ECN-Pro NDD accounts

How to participate in the competition?

  • If the trader has a live account with RoboForex,  he/she just have to open a contest account in the User Panel.
  • For traders who do not have an account with this broker, they have to register in RoboForex and open a contest account.
  • The following conditions are required to participate:
    • Verify the live account.
    • A username in the official forum of the company, which will be linked to the real account.

Trade Day trading competition

The tournament “Daw Trade” is a weekly trading contest for demo accounts. Each competition starts on Wednesday at 12:00 pm (server time), and ends at the same time on Thursday.

Terms of the competition 

  • Initial Deposit: $1000 (virtual money is deposited 1 minute before the start of the competition). 
  • Account Type: MT4 Pro Demo. 
  • Trading Platform: Metatrader 4. 
  • Leverage: 1:500 
  • Expert Advisors use: It is not allowed. 
  • Winner: The winner is the participant who finishes with the highest balance at the end of the competition. Remaining prizes are defined in the same way. 
  • Prices fund $ 1000. 
  • The prize fund is distributed among the top 10 participants in the competition according to the final result as shown below: 
    • First place: $350 
    • Second Place: $200 
    • Third Place: $100 
    • Fourth to tenth place: $50 
  • The prize money is deposited directly into the MT4 accounts of the winners.

How to participate in the competition?

  • If the trader has a live account with RoboForex,  he/she just have to open a contest account in the User Panel.
  • For traders who do not have an account with this broker, they have to register in RoboForex and open a contest account.
  • The following conditions are required to participate:
    • Verify the live account.
    • A user name in the official forum of the company, which will be linked to the real account.

Forex Demo Contest

The tournament “Demo Forex” is a monthly trading contest for demo accounts. Each round of competition is done according to the schedule set by the company.

Terms of the competition

  • Initial Deposit: $5000 (virtual money deposited 1 minute before the start of the competition).
  • Account Type: MT4 Fix Demo.
  • Trading Platform: Metatrader 4.
  • Leverage: 1:100
  • Expert Advisors use: It is not allowed.
  • Winner: The winner is the participant who finishes with the highest balance at the end of the competition. Remaining prizes are defined in the same way.
  • Prizes fund: $3000.
  • The prize fund is distributed among the top 10 participants in the competition according to the final result as shown below:
    • First place: $700
    • Second place: $550
    • Third Place: $420
    • Fourth place: $350
    • Fifth place: $290
    • Sixth place: $240
    • Seventh place: $180
    • Eighth place: $130
    • Ninth place: $90
    • Tenth place: $50
  • The prize money is deposited directly into the MT4 accounts of the winners.

How to participate in the competition? 

  • If the trader has a live account with RoboForex,  he/she just have to open a contest account in the User Panel.
  • For traders who do not have an account with this broker, they have to register in RoboForex and open a contest account.
  • The following conditions are required to participate:
    • Verify the live account.
    • A user name in the official forum of the company, which will be linked to the real account.

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In order to participate in any trading contest of RoboForex the trader only have to open a trading account (it’s free) with the broker through the following link: