Forex DemoCup contest Nordfx

Forex DemoCup contest Nordfx

Since March 2010 every month Nord FX holds a two-week Nordfx DemoCup contest. Every month's draw is $3 500. The annual prize fund is $42 000. Anyone may take part in the contest and participation is absolutely free.

Only practice (demo) accounts may participate in the Nordfx contest, however all the awards are real. Who might become a winner? Top 10 finalists will receive REAL money by trading VIRTUAL! The names of top 10 will be announced in the monthly phase of the contest, names of those who can prove profitability of their trade strategies, those who starting trade using the demo account with virtual $10 000 and who have the largest deposit after two week period.

The very best ten receive REAL money by trading with VIRTUAL funds! And there are consolation prizes for ten more participants!
The rest of the participants won't be disappointed - 10 randomly selected contestants will receive consolation prizes!

Rules of Forex DemoCup contest Nordfx

Registration to participate in the contest:

• each participant has the right to register only one account;


• when registering an account, the conestant is obliged to provide true information (participants' names and addresses are confidential and won't be disclosed);


• the initial deposit for participation is $ 10 000;


• leverage is 1:100;


• it is not allowed to work from the same IP address on different accounts participating in the contest;


• it’s allowed to use any trading strategies and expert advisors;


• all instruments, except the metals (XAUUSD, XAGUSD), are available for trading.

Summary of Forex DemoCup:

• the prizes are credited only for the real trading account of the participant and are available for withdrawal, as well as for trading;


• the winners are those participants whose account deposits are of the largest;


• ten consolation prizes will be randomly allotted among the participants from the 11th to the 100th places inclusive;


• if the deposit sizes of two or more participants of the contest are equal, prize amount is divided between them in equal shares;


• in order to get the prize, each participant must open a new real trading account, verify it and send the request containing contest account login, password and the number of real account.

Prizes for the monthly phases of the contest are as follows:

1st place

$1 000;

2nd place

$700;

3rd place

$500;

4th place

$200;

5th place

$100;

6th place

$100;

7th place

$100;

8th place

$100;

9th place

$100;

10th place

$100.

10 consolation prizes, $50 each