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LiteForex's World Challenge: Win a Brand New Mercedes Benz S400 Hybrid

You know that feeling when you're browsing aimlessly through the internet and at a certain point your brain just stops registering any of the words on the screen. Most favorable trading conditions, lowest spreads...Yes, yes, lots of grand talk but no one's fooled by it. Learn to trade like a pro, win a Mercedes Benz S400 Hybrid...Wait, what? This is where your concentration returns in full force as hardly anyone out there can resist the temptation. Brought to you by the Seychelles-based forex and commodities brokerage, LiteForex, is the World Challenge, one of the largest-scale contests in the history of the company which, as you've probably already guessed, can replace that old clunker in your garage with a brand new shiny Mercedes. 

It's not like there isn't a catch here, don't get me wrong. To make use of an awfully trite statement, there really is no free lunch. Participants will be expected to do some solid trading if they're to get anywhere near the big prize. To get started, you need to make a minimum deposit of $1000. The good thing about this particular competition, though, is that you don't get only one shot at the Mercedes but as many as you wish, depending on the amount you invest. For each thousand a contestant pumps into their account, they'll be given an additional chance during the prize draw. This goes along with a mandatory trading volume that one needs to reach in order to run for LiteForex's fancy car:
The World Challenge was launched yesterday, 10 June 2013, and will be running until 10 June, 2014. It's open to all live account holders and will consist of the following four stages:
Stage 1: Ends 10 September 2013
(winner gets an iPhone 5 64Gb, Samsung Galaxy 4 or a Blackberry Q10)
Stage 2: Ends 10 December 2013
(winner gets an iPad 4 64Gb Wi-Fi + Cellular, Samsung Galaxy Note 10.1 N8000 64Gb or a Blackberry PlayBook 64Gb)
Stage 3: Ends 10 March 2014
(winner gets MacBook Pro (Retina, 15-inch, Early 2013), ASUS G75VX or s Sony VAIO SVS1512Z9R)
Stage 4: Ends 10 June 2014
(winner gets a Mercedes Benz S 400 Hybrid)
Those who make it to the top in the first three stages will get to choose whichever one of the three prizes they like best. As for the future Mercedes owner, we're sure he wouldn't mind too much the fact that he's not given the like option.
To be honest, though, while we're happy for brokers like LiteForex whose business seems to be thriving enough for them to give out such prizes, isn't it better to reward actual trading skills rather than clients' willingness to make large deposits? Quite obviously, this is not a competition in competence but in whoever's ready to gamble more -- the exact opposite of what HY Markets recently did, for example. Just at the start of last month, the London-based brokerage launched its 2013 Live Competition which will bring some of its best traders over $70,000 in prizes – money won on the basis of skill, not on amount invested.
But if nonetheless you have a certain affinity for fast cars, here's a similar campaign currently open with Russian broker, InstaForex, offering an attractive Porsche Cayman. In order to partake in the draw, you'll have to make a deposit of $1,500 – quite a bit higher than what LiteForex asks for but on the plus side, there are no trading volume requirements to meet. Invest the money, register on the contest page and wait to see whether luck is on your side which will become clear on 19 September, 2015 when the winner will be announced. Here, you can also increase your chances of winning the prize by signing up multiple accounts for the draw, not more than a 100 though.

About Lite Forex

LiteForex Company was established in 2005, aiming to make the Forex market an accessible, safe, easy and profitable place. With this in mind, the brokerage was the first to offer cent accounts with an initial deposit of 1$. 
At present, LiteForex is among the leading Forex brokers offering services to traders with all levels of expertise from across the globe. It is on the list of top 100 companies according to World Finance.
TAGS: liteforex  world challenge  win  mercedes s400 hybrid  trade  trader  forex  forex broker 

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