OctaFX MT4 Demo Trading Contest - Up to 1000 USD!

OctaFX MT4 Demo Trading Contest - Up to 1000 USD!
  • Contest Period: Every month
  • Prizes: $1000

MT4 Demo Contest

Contest round length is four weeks from start to finish.

It’s virtual money in your contest account that OctaFX provides. You don’t need to deposit any real funds to participate in the demo contest.

Each contest account has the same trading conditions, which are: 28 currency pairs + Gold and Silver available for trading, minimal volume is 0.01 lot, maximum is not limited, initial deposit is 1000 USD, leverage is 1:500.


What are the prizes?

  • 1st place gets 500 USD
  • 2nd place gets 300 USD
  • 3rd place gets 100 USD
  • 4th place gets 60 USD
  • 5th place gets 40 USD


How do I win MT4 Demo Contest?

To win one of the prizes you should have the highest balance when the contest round ends—the gain percentage does not influence winning. If you have the lowest balance, you’ll receive a 100 USD consolation prize.


How do I receive the prize money if I win?

The prize funds will be credited to your Wallet.


Withdrawal Condition

The funds in your contest account are virtual, so you can’t withdraw them.

You are free to withdraw the prize money, use it to trade in your real account, or invest it via OctaFX Copytrading.

it takes from a couple of days to a week. To get your prize you’ll need to answer a couple of questions for the site news. Also your account must be verified


How can I participate?

  • You should sign up or log in to your Personal Area on OctaFX, then open the Menu on the right and click open Champion Demo Contest account.
OctaFX MT4 Demo Trading Contest - Up to 1000 USD!
  • Download the MT4 trading platform or use the browser version
  • Wait until 26 Oct and start trading on MT4 using a contest account
  • Get the highest balance and win a prize!
 

Terms and Conditions

  • The contest name is OctaFX Champion, hereinafter referred to as the Contest.
  • The Contest is organized and run by Octa Markets Incorporated, hereinafter referred to as the Company.
  • The Contest duration is 1 month from the start date to the finish date.
  • Registration for the Contest is announced prior to its start. During the registration period anyone can register for the Contest.
  • Only persons of legal age are able to take part in the Contest.
  • Each participant must register a new demo account for each Contest round.
  • Each participant agrees to provide real data during the registration. Providing fake data may result in disqualification from the Contest.
  • ANY KIND of IP match will be subject to disqualification.
  • Any kind of arbitrage trading or any other abuse with pricing and/or quotes will be subject to disqualification from the Contest.
  • The Company reserves the right to reject or disqualify any participant without explaining the reason. Reasons for disqualification may include opening big volume opposite orders with the same currency pairs in different trading accounts at approximately the same time, as well as the usage of failures in the quote flow for getting guaranteed profit, or any other kinds of cheating.
  • Each contest account has the same trading conditions, that is:
  • Account type – similar to similar to OctaFX Micro account
  • Trading tools – similar to similar to OctaFX Micro account
  • Initial deposit – 1,000 USD
  • Leverage: 1:500
  • Minimum volume – 0.01 lot, maximum volume is not limited
  • All trading techniques or EAs are allowed.
  • All the current contest stats are available at OctaFX website.
  • On the contest finish date all the open orders will be automatically closed at the current market rate.
  • The participant with the highest balance wins the contest.
  • Winners agree to the publication of their names in social media.
  • The winner is must answer the questions of the interview in full to be published on OctaFX site
  • A prize must be claimed during a month after the end of the round. Otherwise OctaFX has a right to deny giving out a prize
  • Each contestant agrees that some of his/her registration data (including but not limited to country of residence) will be published at octafx.com.
  • The prize is paid into the clients Wallet and can be withdrawn.
  • In case two or more contest winners have equal balances in the end of the contest, they will share the prize equally.
  • The Company reserves the right to declare any prize already given invalid and subject to cancellation upon direct or indirect evidence of attempted fraudulent operations with the prize funds.


FAQ

When does the current round end?
You can find the end date of the current round under the Current Round tab of the Champion Demo Contest page.

My contest account is disabled. Why couldnt I join the contest and start trading?
You can enter the MT4 trading platform using the contest login and password only AFTER the round has begun! First of all, сheck you’re trying to enter the right trading platform. The Champion Demo Contest is only available on MT4! Then check if the contest round is Active. You can find this information on the main page of your Personal Area.

You can see the statuses Not yet started, Active or Finished in the same rows as the MT4 contest accounts. You can log in to the MT4 trading platform and start trading only if the contest account is marked as Active.

OctaFX MT4 Demo Trading Contest - Up to 1000 USD!

Where can I find my contest rank?
You can find your contest rank in the My Accounts list on the main page of your Personal Area.

Note that your current rank will only appear in the contest account row marked as Active. By clicking on the Rank link you can see your personal contest page with detailed information (rank, trades, profit or loss, rank changes, achievements, and so on).
OctaFX MT4 Demo Trading Contest - Up to 1000 USD!
 
Can I use my contest account in another rounds or contests?
You can’t use your contest account for multiple contest rounds or other contests.You have to open a new Champion Demo Contest account for each round. For a cTrader Weekly Demo Contest you have to open a cTrader Demo Contest account.
 
Can I participate in the contest if my OctaFX account is not verified?
Yes, you can open a Champion Demo Contest account even if your OctaFX account is not verified.
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