A forex demo competition can be defined as a demo trading tournament where forex traders who have competitive streaks compete against one another in other to get the winning price by making use of their trading abilities and styles. In a forex demo competition, the top contestants are rewarded with the winning price while other forex traders walk away with improved and new forex trading awareness and experience which comes in handy at the close of the day.
LIST OF FOREX DEMO COMPETITION
The list of forex demo competition is an outlined detail on various demo forex contest platform intended to make a forex traders quest easier if he/she is looking for the best forex contest to use.
One of the top listed forex demo competition platform offers a variety of great forex contest and tournaments. It offers forex traders with daily challenges as well as long term forex contests. It gives forex traders who subscribes to their websites the ability to choose between daily, weekly or monthly forex contests. The winning price is shared the peak placed top ten forex traders at the end of the competition without reference to the type of challenged engaged into. The desired winning amount will be credited into a demo trading account which can be withdrawn at will.
Another top listed forex demo completion system is one that offers its participants the possibility of taking part in weekly challenges with a strong price range. It gives their members (forex traders) the possibility to join a forex contest four consecutive times in a month and display their trading skills. The winning prize for a week is usually 5,000 dollars which gives a total of 20,000 dollars in a month. In other to start competing, the forex trader opens a demo trading account where 10,000 dollar (virtual money) is given to every participant. This forex demo competition platform have a resettable leader bored which can be adjusted every week which gives traders the opportunity to start over and change trading strategies.
Another good forex demo competition scheme gives their registered participants two unique kinds of contest which is a daily challenge and a weekly jam that last as long as money to Friday. These weekly jam are termed the best kind of forex competition of the session because each forex trader is given a sum of 10,000 dollar as a form of deposit in his demo trading account with the opportunity to win 500 dollar at the end of the tournament.
In conclusion, forex demo competition is worth venturing into because a forex trader never know what new knowledge can be generated from them and what influence the skills acquired from the forex demo competition will have on a person’s future as a forex trader.
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