Forex Demo Contests

Forex Demo Contest

Forex contests are very popular type of promotions provided by forex brokers to its clients. Beginner traders love the idea of forex demo contests where there is possibility to earn real money without risking own funds. Participation in this type of promotion is simple, it requires a demo account and skills in forex trading, however to win in a contest could be much more complicated, because a large number of participants. There is a lot of forex contests with great prizes conducted on the market, therefore this list of the best forex competitions that take place on demo accounts should be very helpful. Here you can compare rules, prizes, important information then choose a contest that suits you best.

List of Forex Demo Contests 2023

Featured Forex Demo Contests

HFM Broker Virtual to Real

HFM offers monthly demo contest with attractive prizes for three best traders.

Prize pool
$3,500
Number of winners
3
Duration
monthly
RoboForex Demo Contest

This demo contest is held monthly and involves MT4 Demo ECN accounts which have $5,000 initial balance and leverage 1:100.

Prize pool
$3,000
Number of winners
10
Duration
monthly
A D V E R T I S E M E N T HFM New Trading Conditions

Forex Demo Contests

Eightcap Demo Competition

Eightcap provides demo competition where the first prize winner will get $1900.

Prize pool
$3,800
Number of winners
3
Duration
15.12.2023 – 31.12.2023
FXCL End Year Grand Contest

FXCL offers series of competitions where trader can get one of 30 prizes.

Prize pool
$1,600
Number of winners
30
Duration
04.12.2023 – 22.12.2023
InstaForex F1 Rally Forex Competition

A twenty-four-hour contest conducted every Friday.

Prize pool
$1,500
Number of winners
5
Duration
Fridays
InstaForex Lucky Trader

To win this contest you need get as much as possible profit pips, because the final standing base on profit pips minus loss pips.

Prize pool
$3,000
Number of winners
8
Duration
every two weeks
InstaForex Real Scalping

The most important pairs in this promotion are GBPUSD and GBPJPY.

Prize pool
$6,000
Number of winners
8
Duration
monthly
InstaForex Sniper Forex Competition

The Sniper contest requires to generate at least 5% profit from trading GBPUSD and another 5% form GBPJPY.

Prize pool
$1,500
Number of winners
5
Duration
weekly
LiteFinance Best of the Best

The important rule of this competition is that the maximum drawdown acceptable in your account equals 25% of a current balance.

Prize pool
$10,000
Number of winners
5
Duration
monthly
Forex Trading Promotion

You can practise and master your trading skills while competing for real cash prizes every month.

Prize pool
$1,750
Number of winners
3
Duration
monthly
NPBFX Trading Battle Demo Competition

Besides ten cash prizes the broker offers a special prize the newest iPhone 15 Pro to winner who increases initial deposit more than 50 times.

Prize pool
$2,500
Number of winners
10
Duration
monthly
OctaFX Champion Demo Contest

In this monthly contest all trading techniques or EAs are allowed.

Prize pool
$1,000
Number of winners
5
Duration
monthly
RoboForex Trade Day

The contest starts on each Wednesday and finishes at the same time on Thursday.

Prize pool
$1,000
Number of winners
10
Duration
Wednesdays
RoboForex Week with CDF

You can trade CFDs on MT4 Demo ECN-Pro account with the leverage 1:300 and a virtual 3,000 USD.

Prize pool
$1,500
Number of winners
10
Duration
weekly
RoboForex KingSize MT5 Contest

The contest goal is to open an order with the biggest volume.

Prize pool
$1,000
Number of winners
10
Duration
Thursdays
Gold Bars

You are allowed to trade on major currency pairs and gold.

Prize pool
$180
Number of winners
3
Duration
two weeks
SuperForex Bitcoin Mania

You need to trade using Bitcoin, Litecoin, Etherium and other cryptocurrencies in this demo contest.

Prize pool
$100
Number of winners
1
Duration
monthly
Vantage Demo Contest

Clients may trade on STP demo accounts using all financial instruments.

Prize pool
$4,000
Number of winners
8
Duration
01.01.2024 – 31.01.2024

Ended Demo Competitions

Weltrade Forex Demo Contest

Weltrade offers contest with total bonus prize pool of 40,000 USD.

Prize pool
$40,000
Number of winners
50
Duration
16.10.2023 – 12.11.2023
AssetsFX Demo Contest

Start trading with the virtual currency, and if you win, you will receive real money.

Prize pool
$1,000
Number of winners
5
Duration
monthly
LeoPrime

The LeoPrime’s contest is held on Demo ECN accounts with $5,000 virtual money and the leverage 1:200.

Prize pool
$2,000
Number of winners
10
Duration
23.10.2023 – 27.10.2023
FBS League Demo Contest

In this promotion you can trade as a solo player and as part of a team.

Prize pool
$3,100
Number of winners
10
Duration
bimonthly


Demo Contests Summary Table

Forex BrokerContest NameMore
HFMVirtual to RealBroker Review
More Information
RoboForexDemo ForexBroker Review
More Information
Eightcap Demo CompetitionMore Information
FXCL End Year Grand ContestMore Information
InstaForexFX-1 RallyMore Information
InstaForexLucky TraderMore Information
InstaForexReal ScalpingMore Information
InstaForexSniperMore Information
LeoPrimeDemo Arena ContestMore Information
LiteFinance Best of the BestMore Information
LMFXLearn & EarnMore Information
NPBFXTrading BattleMore Information
OctaFXChampion Demo ContestMore Information
RoboForexTrade DayBroker Review
More Information
RoboForexWeek with CFDBroker Review
More Information
RoboForexKingSize MT5Broker Review
More Information
SuperForexGold RushMore Information
SuperForexCryptoManiaMore Information
Forex BrokerContest NameMore

Demo Contests FAQ

How to join a demo contest?
The most likely to join a demo contest you need to register, pass verification, open a demo account and join a selected promotion. Sometimes contest rules can be different so you should pay attention and read T&C.
How winners of a forex contest are determined?
Each contest has own rules, however the most popular goal is to increase an account balance as much as possible.
Why to use demo contests?
– there is no risk involved in trading on demo accounts,
– it is a great way to win your first money in forex,
– you have possibility to test your skills, strategies and forex brokers services.
What are the disadvantages of demo competitions?
– a large number of participants,
– demo contests strategies are not necessarily good strategies for real money forex trading,
– contests in general can take a long time to finish.
Is it possible to withdraw cash prizes?
It depends of a contest, but sometimes prizes are possible to withdraw immediately, sometimes after meeting trading requirements and in some cases prizes are consider as a bonus that cannot be withdrawn, then you can generate a profit and withdraw it.

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