Forex trading contests on demo accounts always attract attention because no personal costs are risked. In addition, a flexible time period ranging from daily, weekly, monthly, or even yearly is also available. InstaForex Sniper is the answer for traders looking for a weekly demo account trading contest with lucrative prizes. This weekly demo account contest with a total prize pool of up to 1,500 USD is open to all InstaForex trading account holders. Want to know how to follow it? Read the procedure below.
How to Follow InstaForex Sniper
Application Time: throughout the week for the following week's contest, and will close one hour before the contest starts.
Trading conditions:
- Participants will be provided with a demo account with virtual funds of 10,000 USD and default leverage of 1:500.
- Participants are allowed to use Expert Advisors or any strategy without any restrictions.
- Traders are free to use all available trading instruments except for gold and silver.
- If a participant wants to change his account type to a Swap Free account, he can contact the InstaForex broker Support service.
Winners will be ed from 5 participants with the highest total Equity value. Each winner will receive the following prizes:
- 1st place - 500 USD
- 2nd place - 400 USD
- 3rd place - 300 USD
- 4th place - 200 USD
- 5th place - 100 USD
Winners will be announced within 14 days after the end of the contest and announced on InstaForex broker's website. If the winner has been in 1 period, then the trader is not allowed to take part in the next contest. Meanwhile, participants who have not won a prize are allowed to take part in the next contest by opening a new demo account.
To claim the prize, please make sure you enter your full name and verify the Live account within 30 days after the contest results are announced, as the prize funds will be credited to the Live account. Prizes from this trading contest cannot be withdrawn, but trading profits from these funds can be withdrawn without any restrictions.
For this month, the closest period will be from 12 November 2018 to 16 November 2018. So, immediately take advantage of the opportunity and register yourself on the InstaForex broker site.
InstaForex is a broker that offers trading on more than 100 Forex pairs, individual Stock CFDs, Stock Indices CFDs, Gold, Silver, Oil, and others. The minimum deposit required is only 1 USD, and traders can enjoy leverage up to 1:1000 as well as Copy Trading services. In addition, there is a deposit bonus of up to 30% and attractive follow-up bonus packages.