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Be Bold, Be Rich, Be Demo: $2,000 Prize Pool in ICM Capital's Demo Contest

Just a few days after RoboForex created a designated page for all its trading contests, one more broker is announcing a demo competition. If you are over 18 years old and have a passion for forex trading, you may wish to test your skills at  the Demo Account Trading Championship, organized by the UK broker ICM Capital. 

 

On top of offering a prize pool of $2,000, the competition gives you a chance of getting to know your trade rivals. Plus, you get the traditional contest benefits such as gaining experience and, ultimately, an ego boost – not bad, huh?

 

But back to the contest itself. To enter, traders have to register at the designated page of the competition before the deadline for signing up expires on February 17, 2013. You will need to use a special contest account to enter – and the login details for it will be provided to you upon registering. The starting balance will be $10,000 and participants will be trading with a leverage ot 1:200.

 

The actual contest will take place between 22:00 GMT on February 17, 2013 and 22:15 GMT on March 22, 2013. While the contest period may seem a bit short, I do believe that this time is more than enough for traders to exhibit real skills and employ strategies to help them rank well. 

 

If you are taking part, make sure that by the end of the competition your account has closed at least 50 standard lots within at least 50 transactions, as this is one of the eligibility requirements. Be bold and brave, but have in mind, please, that strategies like sniping, scalping and hedging are prohibited. 

 

The three contest winners will be determined based on their account equities at the end of the competition – e.g. the three traders with highest account balances will claim the prizes: 

 

- First place: $1,000

- Second place: $700

- Third place: $300

 

All the prizes will be credited to live ICM Capital accounts under the form of trading credit valid for 31 days. Prize money itself won't be withdrawable but there are no restrictions on cashing out any profit made with the bonus. 

 

And if you enjoy forex trading but would rather make money through more creative processes, make sure to check out FBS's birthday competition or send a love message and win a cash prize from Dukascopy

 

Good luck, demo gladiators! Enter the arena!

TAGS: icm capital  forex trading  demo  cash prize  roboforex  fbs  dukascopy  competition  contest 

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