Trading contests of IQOption

The broker IQOption, a regulated company (CySEC of Cyprus) in the field of binary options and CFD trading, regularly organizes trading competitions for demo accounts and real accounts, which offer cash prizes to the winners. These tournaments offer the customers of IQOption the opportunity to test their skills as traders, get further gains and evaluate different strategies to trade binary options (especially in the case of tournaments for demo accounts, which do not present any risk level for the client).

-Registration period: IQOption organizes various trading competitions throughout the year, in which can register all the company’s customers (new and existing). Each tournament has its own registration period.

-Competition period: Each competition has its own time period, which can vary from a few days to several months.

Main features of the trading competitions of IQOption

As noted earlier, IQOption offers trading competitions throughout the year, in which can register al their customers. Each tournament has different characteristics, so that any trader can find a competition that suits their tastes. On average, every time there are three active trading contests of this broker.

Generally speaking, each tournament has its own distinctive features in the following aspects:

Duration of the tournament (from a few days to several months)
Kind of trading account to participate (demo account or real)
Cost of participation (in some tournaments a registration fee required)
Total prize fund (the amount of funds to be distributed among the winners)
Number of winners traders (Number of traders who can get prizes)
Prizes for the winners.

In competitions in which a participation fee is required, this is deducted directly from the balance of the traders real account. Normally the winners are traders who obtained the highest performance during the duration of the tournament, unless the rules indicate otherwise.

Current tournaments of IQOption

Tournament Championship League

Tournament Duration: 11 days
Kind of trading account to participate: Live Account
Participation fee: 10 USD
Total prize fund: 10000 USD
Number of winners traders: 30

Grand February Tournament

Tournament Duration: 30 days
Kind of trading account to participate: Live Account
Participation fee: 30 USD
Total prize fund: 30000 USD
Number of winners traders: 30

You can learn more about the trading contests of the broker IQoption and open an account to begin participating in different tournaments, in the company website through the following link:

Link to IQOption website

*General Risk Alert:The financial products offered by the company carry a high level of risk and may result in the loss of all your funds. You should never invest money that you can not afford to lose.

Other platforms that offer trading competitions under a similar methodology are:

-FXArena

-ForexCup