In the world of forex trading, many traders choose ECN (Electronic Communication Network) brokers because they allow their clients to get prices directly from the real forex market. Currently, LiteForex broker, which is one of the providers of ECN-based trading accounts, is holding an ECN demo contest with a total prize pool of 10,000 USD.
In this forex demo contest provided by LiteForex, traders will be given a virtual capital of 5,000 USD and a leverage of 1:400. Interested in taking part in the demo contest from Liteforex, which takes place every month? Check the details below.
LiteForex Best Of The Best Contest
Race Duration: 1 month (starting from the 1st to the end of the month)
Distribution of Prizes for Winners
- 1st place: 4000 USD
- 2nd place: 2500 USD
- 3rd place: 1500 USD
- 4th place: 1000 USD
- 5th place: 1000 USD
How to register
- Enter LiteForex official website.
- On the contest menu the Best Of The Best Demo contest.
- Enter your email and nickname.
- Click "registration" and get ready to take part in the contest the following month.
Terms and Conditions:
- The client must fully verify the personal profile to participate in the "BEST OF THE BEST" demo contest. So make sure the data you enter on the registration page is filled in correctly.
- The account type used is Demo ECN, with an initial deposit of 5,000 USD and a leverage of 1:400.
- Settings regarding Stop-Out: Maximum Drawdown that can be received in the contest account is equal to 25% of the current balance. Traders who manipulate with Risk Stop Out will be disqualified.
- Participants who do not carry out any trading activity for ten consecutive days during the contest period are automatically deemed to have resigned.
- If you want to ask a question or find out more info, visit LiteForex's official website to communicate directly with customer service.
Liteforex is a broker established in 2005 and has a vast number of accounts for its traders. In Indonesia alone, LiteForex has three representative offices spread across Bandung, Jakarta, and Surabaya. LiteForex broker is suitable for traders with small-medium capital but wants to trade on a variety of assets.
LiteForex is one of the pioneers of Cent accounts in forex trading. This broker frees traders from deposit fees and provides a social trading platform for clients who want to join as signal providers or investors.