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

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

Dukascopy Demo Strategy Contest

Use your strategy on demo account for automated trading and win one of 15 prizes.

Prize pool
$5,000
Number of winners
15
Duration
monthly
Eightcap Demo Competition

Eightcap provides demo competition where the first prize winner will get $1000.

Prize pool
$1,800
Number of winners
3
Duration
15.05.2024 – 31.05.2024
FXPremax Demo Trading Competition

Monthly forex competition where three traders with the highest gain get real money on their live accounts.

Prize pool
$3,500
Number of winners
3
Duration
monthly
Grand Capital Cup Tournament

The trader with the largest profit by the end of this tournament will receive 500 USD for trading.

Prize pool
$500 + bonuses
Number of winners
10
Duration
24 hours
InstaForex Great Race Contest

Great Race competition consists of four stages with the $9,300 prize pool each and the final with $17,800 for the contest winners. Every InstaForex client can participate in all steps of the contest.

Prize pool
$55,000
Number of winners
58
Duration
11.03.2024 – 13.12.2024
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
LMFX Learn & Earn Forex Contest

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
RoxCapital Demo Contest

Trade on MT5 trading platform to show your skills and get the highest balance to win bonus prizes on your live account.

Prize pool
$1,000 bonus
Number of winners
5
Duration
monthly
SuperForex Gold Rush Contest

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
Taurex Bull Run Contest

Taurex provides a forex contest where the winners share a prize pool of $3,500.

Prize pool
$3,500
Number of winners
3
Duration
06.05.2024 – 20.05.2024
ThinkMarkets Demo Contest

ThinkMarkets offers a series of monthly contests with a large prizes.

Prize pool
$5,000
Number of winners
4
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
01.05.2024 – 31.05.2024
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

Ended Demo Competitions

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.
FXCL SpringFX Contest

FXCL offers a competition with $1375 prize pool shared by 20 winners. Registration is available until 14.04.2024

Prize pool
$1,375
Number of winners
20
Duration
15.04.2024 – 26.04.2024
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
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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