Trade profitably on a demo account with currency combinations and other available trading tools.
Five winners will be generated from the contestants, whoever has the highest profit and the lowest risk, and whose financial situation can be clearly understood, will be the winner.
BEST OF THE BEST Demo Contest by LiteFinance
The demo competition of “BEST OF THE BEST” will be held every month, starting from 00:00:01 on the first day of each month and ending at 23:59:59 on the last day of the month.
The timing is based on GMT+2 server time (consistent with the time displayed on the trading platform).
How to participate in this Demo contest?
In order to participate in the “BEST OF THE BEST” demo competition, customers need to fully verify their personal information and register for the competition on this page.
When registering for the contest, the entrant accepts all restrictions and other rules related to the contest.
If the competition rules are violated, the competition organizer will cancel the competition qualification through LiteForex.
Any player who participates in the competition through multiple trading accounts or clients or participates anonymously will be disqualified.
When registering on the website, the participants need to fill in the blank area in the registration form above, and indicate their email address (used when logging in from the client) and provide a copy to be displayed in the “Strength in the Stronger” demo competition in the future. nickname.
Any LiteForex user can participate in the monthly “Strength in the Stronger” demo competition. Individual players can only participate in the competition of the month.
After completing the registration form, a demo contest account will be opened for you, and you will be provided with a unique login account and password. Details will be emailed to you upon registration.
Registration for a new contest will open after the previous contest is launched.
Rule of trading set by this Demo contest
There are several rules of trading set by the BEST OF THE BEST Demo Contest.
The account type is “Demo ECN” and no other account type can participate in this contest.
The initial deposit of your contest demo account is $5000 (all participants are equal).
The leverage is set to 1:400.
The maximum acceptable drop in the contest account is 25% of the current balance. Once the floating loss exceeds this value, the stop loss will be activated and all positions will be closed. Participants who allow stop-loss risk to occur in their account will be disqualified from the competition.
Subject to compliance with LiteForex’s ” Client Agreement “, participants can use trading experts and trading strategies without any restrictions.
All transactions must be closed before the contest deadline. At the end of the competition, all open trades will be automatically closed at the current market price. Open trades at the end of the contest will not result in disqualification from the contest.
5 awards for 5 winners every month
After the competition ends, the top 5 contestants with the highest profit / risk ratio will be selected as the winners of the “Stronger’s Own Stronger” simulation competition.
Only players who actively trade during the competition and increase their initial deposit under the premise of abiding by the competition rules can be selected as winners.
The first to fifth place winners will receive bonuses in their LiteForex ECN trading accounts; according to their ranking, the bonuses will be distributed as follows:
If there are two contestants with the same balance after the competition ends, LiteForex, as the organizer, will make a choice between the two, giving priority to the one with the lowest decline during the competition. that contestant.
What happens after you win the contest?
The final list of the top 5 winners shall be:
- ensure that their client profiles fully comply with LiteForex requirements
- Open an ECN trading account in the social trading system;
- Send an email to [email protected] from the email address used for registration , indicating the following information: Contest name – “Stronger’s Own Stronger Hand” (Demo Contest); contest demo account number and password; trader ECN account number; email address used during registration.
Winners need to understand that requests for prize payment will be accepted within 2 weeks of the end of the contest in which your account is participating.
When issuing bonuses, LiteForex reserves the right to request participants to provide more information about their identity confirmation.
Winning entrants may not request the transfer of prize money to a third-party account.
The bonus will be credited to the client’s real account within 3 working days after the request is sent.
The prize money will be credited to the column, belong to the company, and will be issued to the winner as an initial investment to participate in the social trading service. Profits earned by winners with the winnings in their accounts can be withdrawn without any restrictions. At the same time, the percentage of profits that its investors get from social transactions can also be withdrawn at any time without any restrictions.
Deposited bonuses are valid for 6 months from the date of bonus payment. After the above period expires, the credit will be cancelled.