Yes, you are allowed to entry for all LMFX contests at the same time.
LMFX is running 4 different contests which you can earn rewards by being a winner among the contestants.
Please note that none of them are available for withdrawal and these rewards are credited only for trading purpose.
Joining the contests are free. So if you are looking to earn extra money, you may want to find the best contest for yourself and join one all all of them.
LMFX Trading and risk free contests
LMFX may be only one broker which runs 4 different contests for its traders.
None of the rewards are available for withdrawal, but the profits made on the rewarded funds are available for withdrawal.
So you may want to join them all if you are already trading as there is nothing to lose but earn if you are lucky(or profitable).
Crystal Ball Contests
This Crystal Ball Contest does not require you to make a trade to win, but all you need to do is predicting the price in the future.
Simply, the contestant who has predicted the most closest price will be rewarded with real money.
The contest is run every week and the prize is 1,000 USD.
The symbol you will need to predict the price of will be changed every week, so please go to LMFX official website and find out the contest of this week.
Demo Trading contest
One of the two risk free contests run by LMFX.
If you are at the running stage of Forex trading, this contest would be the best offer for you.
You can learn how to trade and earn real money if you have made the largest profit among contestants in the demo account.
The contest award is 1,000 USD for the first place, 500 USD for the second place and 250 USD for the third place.
Real/Live Trading Contest
If you are already trading with LMFX with real money, you have got another contest you can join.
By joining this contest, you will have the opportunity to earn 1000 USD every month by being the most profitable trader of the month.
This 1,000 USD can be used for trading but not available for withdrawal.
Even if you didn’t win the first prize, ten top traders will be awarded with the top traders point.
And the trader who has acquired the largest number of Top Traders Point will be rewarded with 100,000 USD annually.
PAMM Masters Contest
If you are already using PAMM system of LMFX or planning to be managing clients’ funds, you may want to join this contest so you can earn extra profits.
There is no charge for joining this contest, and all PAMM accounts will be automatically included in this contest.
The contest prize is up to 500 USD and all top 10 traders are rewarded by the prizes.
Also, the contest prizes are not available for withdrawal but only the profit amount is.