OctaFX Trader Weekly Demo Trading Contest - Up to 400 USD

OctaFX Trader Weekly Demo Trading Contest - Up to 400 USD
  • Contest Period: Every week
  • Prizes: $400

OctaFX cTrader Demo Contest

OctaFX runs cTrader Demo trading contest every week.

Prize funds will be given to the top 5 traders.

The registration period is one week (except Saturday and Sunday).

Contest round length is one week from start to finish (only working days).


You can pariticipate the contest even if your OctaFX account is not verified.

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.

cTrader Weekly Demo Contest account offers 28 currency pairs + Gold and Silver for trading, leverage is 1:500, minimum volume is 0.01 lot, step is 0.01 lot, maximum is not limited.
OctaFX Trader Weekly Demo Trading Contest - Up to 400 USD


What are the prizes?

  • 1st place winner is awarded with 150 USD
  • 2nd place winner is awarded with 100 USD
  • 3rd place winner is awarded with 75 USD
  • 4th place winner is awarded with 50 USD
  • 5th place winner is awarded with 25 USD
Prize funds will be credited automatically to your Wallet after the round ends and can be withdrawn anytime. To get your prize you’ll need to answer a couple of questions for site news. Also your account must be verified.


How do I win?

To win one of the prizes you should have the highest balance when the contest round ends—the gain percentage does not influence winning.


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.

How can I participate?

  • You should sign up or log in to your Personal Area on OctaFX, then open cTrader Weekly Demo Contest account.
OctaFX Trader Weekly Demo Trading Contest - Up to 400 USD
  • Download the cTrader trading platform or use the browser version
  • Wait until 2 Nov and start trading on cTrader using a contest account
  • Get the highest balance and win a prize!



Terms and Conditions
  • The contest name is cTrader Weekly Demo Contest, 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 week from the start date to the finish date.
  • Registration for the Contest is announced a week prior to its start. During the registration period anyone can register in 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 OctaFX ECN account
    • Trading tools – similar to OctaFX ECN 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 publication of their names in the Company news.
  • 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

My contest account is disabled. Why couldnt I join the contest and start trading?
You can enter the cTrader 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 cTrader Weekly Demo Contest is only available on cTrader! 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 cTrader contest accounts. You can log in to the cTrader trading platform and start trading only if the contest account is marked as Active.
OctaFX Trader Weekly Demo Trading Contest - Up to 400 USD
What is a trading platform and which platform I should use for trading?
You have to download and install the cTrader trading platform or use the browser version. Do not confuse it with MT4 or MT5! These are different platforms and you will not be able to log in and use them to trade in the competition.

Where I can 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 Trader Weekly Demo Trading Contest - Up to 400 USD
Can I participate in two competitions simultaneously?
Yes, you can. You can also join the Champion Demo Contest for a longer competition and a prize fund of $1000.

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 cTrader Weekly Demo Contest account for each round. For a Champion Demo Contest you have to open a new Champion Demo Contest account.
 
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