The LMFX Learn & Earn Contest is a monthly trading competition where traders use demo funds but compete for real cash prizes. It is designed for beginners and experienced traders who want to practise strategies without financial risk. Each round lasts one month and offers a total prize pool of $1,750, credited to winners’ live trading accounts. With a $100,000 virtual balance, participants can improve their skills while aiming to win real rewards. It is a simple way to learn trading step by step and earn at the same time.
What Is the LMFX Learn & Earn Contest?
The LMFX Learn & Earn Contest is a demo trading competition organized by LMFX. Traders receive $100,000 virtual funds in a demo account and compete based on their performance during a one-month round.
The key advantage of this contest is clear: you trade with mock money but win real cash prizes. This contest is ideal for traders who want to practise strategies, test trading ideas, or prepare for live trading conditions.
Main Contest Details
- Contest duration: 1 month per round
- Initial demo balance: $100,000
- Total monthly prize pool: $1,750
- Trading environment: Demo account only
- Risk level: No real financial risk
How to Join?
- Open an LMFX trading account.
- Complete identity verification (KYC).
- Register for the Learn & Earn Contest inside the client area.
- Receive your $100,000 demo balance.
- Start trading and improve your ranking.
Prizes
- 1st place: $1,000 credited to live account
- 2nd place: $500 credited to live account
- 3rd place: $250 credited to live account
Important Contest Conditions
Before joining the contest, it is important to understand the main participation rules. The LMFX Learn & Earn Contest is conducted entirely on demo accounts, which means traders participate using virtual funds without risking real money. During the competition, leverage is fixed at 1:500 and cannot be changed. To maintain fair participation conditions, no more than two contestants are allowed to trade from the same IP address. In addition, all participants must complete identity verification (KYC) before joining the contest.
At the end of each monthly round, all open trades are automatically closed and the final account balance is used to calculate results. Winners are selected based on their trading performance during the contest period, and prize funds are credited within 48 hours after notification. The awarded funds are tradable in a live account but cannot be withdrawn directly. However, traders can withdraw profits generated from these funds once all trades are closed. After each round ends, the top ten traders are also published on the monthly contest leaderboard, allowing participants to track the best-performing competitors.
LMFX Broker
LMFX is a company registered in the Republic of North Macedonia. LMFX is an international online Forex and CFD broker that provides access to trading instruments such as currency pairs, commodities, indices, metals, and shares through the popular MetaTrader 4 platform. The broker offers flexible trading conditions, including leverage up to 1:1000, multilingual customer support available 24/5, and various tools like market analysis, trading calculators, and educational materials for beginners and advanced traders.
Promotion Dates
The Learn & Earn Contest runs every month. Each round starts on the first working day of the month and ends on the last calendar day of the month.
Promotion Link
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FAQ – LMFX Learn & Earn Contest
Is the Learn & Earn Contest free to join?
Yes. The contest is completely free and uses demo funds only.
Can beginners participate?
Yes. The contest is designed especially for traders who want to practise before trading live.
How are winners selected?
Winners are determined based on account performance at the end of each monthly round.
Can I withdraw the prize money?
Prize funds are credited as tradable balance in a live account. Profits generated from trading can be withdrawn after closing trades.
How often does the contest take place?
The contest runs every month, and traders can participate in each new round.
Is identity verification required?
Yes. Participants must complete the standard KYC verification process before joining.
Updated: 2026
Do you recommend the contest?
What i really like about them is their professional reliability. The withdrawals are processed quickly without any hurdles. The support team is much helpful rather than just reciting scripts. I can safely recommend them as a standout choice for any trader who is looking for a transparent and reliable broker.