InstaForex
Contest name: FX-1 Rally
How to join:
1. Register for the contest.
Prizes:
1. $500
2. $400
3. $300
4. $200
5. $100
Goal: Finish with the largest account balance.
Note: In order to obtain a prize, each winner shall fulfill the following requirement: at least 5% of the total profit has to be derived from trading results on GBPUSD and 5% of the total profit from trading results on GBPJPY.
Description:
Participants start contest on demo accounts with $40 000 virtual balance. The leverage is 1:500, minimum trade volume is 0.01, maximum is 10 lots, the maximum number of open trades is 7. The prize funds will be credited to a verified live trading account opened by the winner. The prizes cannot be withdrawn, but any profit made over the prize amount can be withdrawn without any limits.
Information about the broker:
InstaForex is a group of forex brokers including Instant Trading Ltd (BVI) licensed by BVI FSC, Insta Service Ltd registered with FSC Saint Vincent, Insta Global Ltd. registered in Saint Vincent and Instant Trading EU Ltd (Cyprus) licensed by CYSEC.
Contest duration: 24h every Friday.
Promotion Link
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Do you recommend this promotion?
Do you allow trading nasdaq with your bouns?
I entered into that contest and made about 20 successful trades but the leverage was calculated at 1:10 not 1:500, I emailed them and they said that their is nothing wrong, I have all documents.