Entering the 8th event, the FirewoodFX trading contest is getting livelier with attractive prizes. If the total prize of the previous contest was $1125 for five winners only, this time, the reward would also be given to affiliates or IBs whose clients manage to become winners.

To take part in this real competition, traders only need to prepare a minimum deposit of $20 as a condition for opening a contest account. The FirewoodFX broker does not set a registration fee so that traders can participate for free. The FirewoodFX monthly trading contest is entering its 8th volume in October 2017. The contest lasts for a month, from 2 to 31 October 2017. Even though it has been held since early October, the registration door will still be open until 15 October 2017.

Prize details for the winners of the FirewoodFX trading contest this time are as follows:

• 1st Place: $500
• Second Place: $250
• Third Place: $150
• Fourth Place: $125
• Champion V: $100
• Affiliate or IB whose client is the winner: 10% of the prize

Thus, the FirewoodFX broker prepares prizes for contest participants and broker partners who successfully 'send representatives' to become winners.

FirewoodFX assesses the winner based on the profit earned during the trading contest period, with a minimum number of open trades of 20 positions. So the higher the profit figures collected, the greater the chance of winning this contest. To support account continuity, the FirewoodFX broker invites participants to make deposits and withdrawals to the contest account during the competition.

How to Register FirewoodFX Trading Contest

To be registered as a participant in the FirewoodFX trading contest, follow the steps below:

1. Open a Micro trading account at FirewoodFX.
2. Login Client Cabinet.
3. In the "Nickname" table, enter a name representing your account as a contest participant, then click the "Update Nickname" button.
4. Perform account verification.
5. In the "FirewoodFX Competition" table, add a competition account.
6. You will receive an email containing your MT4 number, trading password, and a unique PIN to run a contest trading account.

Trade With Any Pair

To expand trading opportunities, the FirewoodFX broker does not limit the instruments that participants can use. All pair options available at FirewoodFX, from forex to commodities, can be used to gain as much profit as possible. This broker also allows the use of hedging and EA strategies and gives freedom to choose leverage up to 1:1000. Further information about the terms and conditions of the contest, as well as the ranking of the contestants participating in this event, can be found on the "FirewoodFX Trading Competition" page.