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 2024

Featured Forex Demo Contests

  • MENAT Demo Competitions

    XM Group offers exclusive demo contests designed to traders from Middle East, North Africa and Turkey regions.

    Prize pool
    $20,000
    Number of winners
    25
    Duration
    02.07.2024 – 30.07.2024
  • HFM Broker Virtual to Real Contest

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

    Prize pool
    $3,500
    Number of winners
    3
    Duration
    monthly
  • XM Forex Competitions

    XM Group provides a series of competitions for both real and demo accounts. Competitions are not eligible for clients registered under Trading Point of Financial Instruments Ltd.

    Prize pool
    over $70,000
    Number of winners
    variable
    Duration
    daily, weekly, monthly
A D V E R T I S E M E N T InstaForex Grand Choice Contest

Forex Demo Contests

Ended Demo Competitions

  • XM Group Malaysia Trading League

    XM Group provides for its Malaysian clients exclusive contests for real and demo accounts. Competitions are not eligible for clients registered under Trading Point of Financial Instruments Ltd.

    Prize pool
    over $10,000
    Number of winners
    35
    Duration
    18.06.2024 – 18.07.2024
  • Weltrade Forex Demo Contest

    Weltrade offers contest with total bonus prize pool of 10,000 USD.

    Prize pool
    $10,000
    Number of winners
    30
    Duration
    06.05.2024 – 02.06.2024
  • FXCL Volume Cash Reward

    FXCL offers a competition with $1,200 prize pool shared by all qualified participants.

    Prize pool
    $1,200
    Number of winners
    undefined
    Duration
    13.05.2024 – 17.05.2024
  • XM Songkran 2024 Promotion

    XM Group provides exclusive competitions for demo and live accounts to celebrate Songkran. Competitions are not eligible for clients registered under Trading Point of Financial Instruments Ltd.

    Prize pool
    $22,000
    Number of winners
    variable
    Duration
    16.04.2024 – 02.05.2024.
  • zForex Demo Trading Contest

    New Year contest with 2024 USD prize pool.

    Prize pool
    $2,024
    Number of winners
    Duration
    02.01.2024 – 15.01.2024
  • 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
  • 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

Demo Contests Summary Table

Forex BrokerContest NameMore
XM GroupMENAT Demo CompetitionsBroker Review
More Information
HFMVirtual to RealBroker Review
More Information
XM GroupXM CompetitionsBroker Review
More Information
DukascopyStrategy ContestMore Information
Eightcap Demo CompetitionMore Information
FXPremax Demo Trading CompetitionMore Information
Grand Capital Cup TournamentMore Information
InstaForexGreat Race 2024More Information
InstaForexFX-1 RallyMore Information
InstaForexLucky TraderMore Information
InstaForexReal ScalpingMore Information
InstaForexSniperMore Information
LiteFinance Best of the BestMore Information
LMFXLearn & EarnMore Information
NPBFXTrading BattleMore Information
OctaChampion Demo ContestMore Information
SuperForexGold RushMore Information
SuperForexCryptoManiaMore Information
Taurex Bull RunMore Information
ThinkMarkets Demo Trading ContestMore Information
VantageVantage Demo ContestMore Information
Weltrade SyntX Demo ContestMore Information
Forex BrokerContest NameMore

Demo Forex Contest 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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