Top10 Forex is a weekly demo account contest held by a LiteForex broker. The first 10 traders with the highest balance values will be the winners. The Top10 Forex contest has a total prize pool of 2500 USD.
The contest is held weekly from Monday 00:00:01 to Friday 29:59:59 server time (GMT +2). By registering, all participants must provide correct information and comply with all contest rules and requirements. Participants are prohibited from entering the contest using multiple anonymous accounts or profiles. The trader's personal profile must be verified and registered in the contest both on the Liteforex website and on the client's profile. The client must indicate the email address (login from the client's cabinet), UID (profile identification number), and nickname that will be displayed on the Top10Forex rating page when filling out the registration form.
Please note that this contest is open to demo account owners only. Each participant will receive virtual funds of $10,000, a leverage of 1:500, a margin call level of 50%, and a stop-out level of 20%. The trading instruments used are the currency pair major and the currency pair major cross. Participants can use expert advisors (EAs) or any strategy as long as it does not violate LiteForex broker regulations. All transactions must be closed before the contest ends. If there are still open positions at the time the contest ends, those positions will be automatically closed.
The top 10 contest winners will receive prizes of:
- 150 USD
- 100 USD
- 70 USD
- 60 USD
- 50 USD
- 40 USD
- 30 USD
- 20 USD
- 15 USD
- 10 USD
Prizes will be awarded to the 10 contestants with the highest balance at the end of the contest. Contest results will be announced within two working days after the contest ends.
LiteForex has representatives in 16 countries, including Indonesia. If you are interested in taking part in this contest, open a LiteForex account and register yourself.