Here is Etoro contests table :
Here you can see random several contests from forex broker instaforex :
Forex trading contest
Since the level of competition in the forex market is growing, introduction of forex future commissions and brokers have helped to bring more incentives in the market. As a result, new waves of customers are entering in the market. The basic cash incentive that is popular in the forex market is the cash price of $250 for opening an account.
Another great incentive is the discount for the newcomers on the training programs. To attract more customers, a good offer is to pay them a partial payment, so they can go for the training programs. Now days, some are offering forex contests, and the winner is awarded with the cash prizes.
Does this look familiar to you? If this is so, then remembered the old days when the financial institutions like banks used to offer toasters and televisions upon getting a certificate of deposit. This is becoming a fancy situation for the companies that are looking forward to maintaining the competitive edge in the forex market. However, to really stay at top it doesn’t require being a part of any marketing game. Still, companies do it for the purpose of adding something additional to their ongoing activities
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Almost every-day forex traders try to achieve winning trade by using their insight in the forex world opposite to the market. However, if the competition system were implicated in the daily routine of the forex trading, then what would be its impact?
At first, there would be a stimulation situation where the traders will try to test the skills and strategies that can be used while trading in the forex market. After this small period, a mini-account will be opened that will deal with the real money. Trading competition will begin after that. This is where the real challenge starts as each pip can lead to either win or lose $10. Regardless of the account size, this will be added in any case.
Traders who are thinking to join the forex world should start with the demo account. This is the best time to take part in contests and make some money. Before shifting to the real accounts, a trader at first much achieves other levels too. For instance, a trader selects almost 10% downgrade for the current month. If he manages to achieve this step, then he must continue and repeat the same procedure. If you want to be successful at the forex world, then at the beginning, you should make a slow start and then carry on with it.
You can see here current Forex Contests
