Risk free virtual trading contest to win real cash prizes, runs every month.

Contest Overview

Click here to join the Contest.

Contest SponsorOctaFX (OctaFX)
Prizes1,000 USD
Interval

Every month

How to participate

Register and open MT4 demo trading contest account.

Requirements for Participants

Anyone above the right legal age can register for the contest.

octafx-mt4-metatrader4-demo-trading-contest-account-opening-period

OctaFX runs demo trading contest for MT4 (MetaTrader4) accounts.

The contest runs every month and OctaFX rewards real cash prizes to the top 5 traders.

Participation in the contest is free and involves no risks to your own funds as it uses only virtual funds.

Go to OctaFX Official Website

OctaFX Monthly MT4 Demo Contest

All traders of OctaFX can participate in this MT4 trading contest with virtual money.

Here are the main rules and conditions of the contest.

Contest TypeMT4 Demo accounts
Contest Period1 month
Available forAll traders of OctaFX
Required Minimum DepositNone
Cash Prize Amount$1,000
Number of Winners5
Withdrawal of Cash PrizeNot available

The contest runs every month, and you have an opportunity to win a cash prize without risking your own funds.

Signup for OctaFX online

How to participate in OctaFX’s Champion MT4 Demo Contest?

To participate in the contest, you must open the specific contest account.

Follow the steps below to join the contest.

  1. Signup for OctaFX for free
    You only need to register your client profile with OctaFX.
  2. Champion Demo Contest account
    Login to OctaFX’s client portal from the Official Website and open the contest account.
    new octafx champion mt4 demo trading account contest competition opening
  3. Download MT4 trading platform of OctaFX and wait until the contest starts
    You can download OctaFX MT4 from the Official Website. You cannot start trading until the contest round starts. The start date of each contest round can be found in the official website.
    new octafx champion mt4 demo trading account contest competition opening date
  4. Start trading to win the cash prize
    The participants with the highest account balance win the contest and get the cash prizes.

Note that you cannot participate in the contest with any MT4 demo account but it must be the specific contest account opened for each round.

Visit OctaFX Official Website

Monthly Cash Prizes

On the last day of the contest round, all open positions in all MT4 demo contest accounts will be closed automatically.

Then, the accounts with the highest balances win the main cash prizes as follows:

RankingReal Cash Prizes
1st$500
2nd$300
3rd$100
4th$60
5th$40

The cash prizes are available for both trading and withdrawal with no limit.

Signup for OctaFX online

Trading Conditions of the Contest account

The trading conditions of the MT4 demo contest account is similar to OctaFX’s Micro account type.

Please refer to the table for the full specifications.

Initial Deposit Amount1,000 USD
Leverage1:500
Minimum Trading Volume0.01 lots
Maximum Trading VolumeUnlimited
Trading StrategiesAll trading techniques or EAs are allowed
Available Financial Instruments28 currency pairs, Gold and Silver

You can find out more about the contest and the account type in the official website.

Visit OctaFX Official Website

Cash Prize is available for withdrawal

OctaFX’s MT4 demo trading contest gives away real cash prizes for the top 5 performing traders.

The prizes credited into winners’ trading accounts are available for withdrawal with no limit.

The prize funds can also be used for trading.

Go to OctaFX Official Website