InstaForex is currently hosting the FX-1 Rally contest, providing traders with a chance to win a total prize pool of up to $1,500, all through a demo account. This thrilling contest runs weekly, starting from 00:00 on Monday until 23:59 on Friday. Traders from all backgrounds are welcome to join, and they can turn their trading skills into real money by trading forex currencies on a demo account.

To participate, traders need to register on the InstaForex website and complete the verification process. Once registered successfully, participants receive a demo account loaded with $40,000 in virtual currency to get started. Traders can employ Expert Advisors and implement their preferred trading strategies, opening positions ranging from 0.01 to 10 lots with a leverage of 1:500.

Prizes are awarded in the FX-1 Rally Contest to the top five traders who make the most deposits within a 24-hour window from 00:00 to 23:59 on Fridays. Prizes consist of $500, $400, $300, $200, and $100 in credited bonus funds.

Please take note that winners must meet specific criteria to claim their prizes. To be eligible, each winner should have at least 5% of their total profit generated from trading results on GBPUSD and another 5% from trading results on GBPJPY. When claiming their prize, winners must provide verified live trading account information to the multi-asset broker within a maximum of 30 days after the contest results are published.

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