Forex trading competitions are designed to pit forex traders against each other to demonstrate their skills and trading strategies。The top contestants get the best prize at the end of the competition, while the other contestants always get a wealth of information and experience that ultimately benefits everyone。

Forex trading contests may motivate us to fulfil our potential and, most importantly, the winner may receive huge bonuses of up to hundreds or even thousands of dollars。

FIBO Group: "Triathlon"

Account Type: Demo & Real Eligibility: Any FIBO Group customer with a demo account; multiple accounts can be registered per participant。Trading Platform: MT4 Bonus Pool: Over $50,000 Maximum Bonus: $25,000 Race Time: Weekly until December 2023 Race Rules:

New entrants use the MT4 NDD demo account to participate in the new round of competition starting every Monday at 00: 00 Eastern Time。(Register via the customer area of the FIBO Group website。) Ten first-round winners will compete in the second round using the MT4 NDD real account。Entrants with the highest profitability will become second-round winners and receive $1,000 to deposit into their Managed (PAMM) account.。The third round will last until December 1, 2023.。Based on the points earned in the competition, three winners are selected by drawing lots for the top prize, and other contestants can withdraw profits earned through their management accounts.。

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International Financial Holdings, officially known as FIBO Group (Financial Cross-Market Brokerage Online Group), is a brokerage firm that has provided online trading services since 1998.。With a mission to always meet the highest international standards, FIBO is currently regulated by the UK Financial Services Commission, the Virgin Islands and the Cyprus Securities and Exchange Commission (CySEC).。

The company offers different types of trading accounts, with a minimum deposit of $50 for FIBOGroup accounts, except for cent accounts and MT5 NDD.。Note that the MT5 NDD requires a minimum deposit of $1000。Although the MT4 fixed account offers a fixed spread from 2 points, trading in FIBOGroup allows traders to enjoy variable spreads。

Meanwhile, FIBOGroup's average maximum leverage is 1: 400。The only difference between the two types of accounts is the maximum leverage standard: 1: 1000 for cent accounts and 1: 200 for MT4 fixed accounts.。

FIBOGroup provides comprehensive market analysis, including long-term forecasts, economic calendars, interest rates, financial instruments and equities。

The company also has a proprietary PAMM function that allows professional traders to become account managers with a profit-sharing system.。New traders who open an account at FIBO can benefit from PAMM by following their preferred account manager。For this special function, FIBOGroup provides a special function of the manager rating table。

Since its inception in the late 1990s, FIBOGroup has gained global recognition with official branches in Vienna, Limassol, Munich, Shanghai, Kiev, Limassol and Almaty.。Deposit and withdrawal options include wire transfer, credit card, BitPay, Blockchain, Neteller, Skrill, Perfect Money, FasaPay and more。

In summary, FIBO Group is an experienced broker for adventurous traders who like to try a variety of trading conditions: from variable spreads to fixed spreads, from MT4 to cTrader, from low leverage to high leverage, from independent trading to PAMM trading。Their low deposit requirements also suggest that FIBO is open to all types of traders, regardless of the amount of their funds.。

Weltrade：”Trade2Win“

Account Type: Genuine Eligibility: Anyone with an active Weltrade account, meeting minimum deposit requirements and verified phone number Trading Platform: MT4 & MT5 Bonus Pool: 10 Winners for $10,000。Maximum prize: $3,000 Race time: Weekly contest rules:

Register a real account with Weltrade。Total turnover of at least two full standard lots completed in one week by any trading account。The winner is determined by a random draw。Bonuses are automatically added to the trading account and the winner can withdraw funds or trade with them。

LiteFinance: "Good in Good"

Account Type: Demo Eligibility: Anyone who registers through the LiteFinance website; not applicable to customers from the US, Japan, Israel and EU countries。Trading Platform: Unspecified Bonus Pool: $10,000 for 5 Winners。Maximum prize money: $4,000 Race time: Monthly contest rules:

Each round begins on the first day of the month and ends on the last day of the month, and new participants must register before the next round begins.。After registration for the competition, participants will receive a competition simulation ECN account with an initial balance of 5,000 and a fixed leverage of 1: 400。The top 5 contestants with the best profit / risk ratio at the end of the competition are the winners.。Winners must register an ECN trading account with LiteFinance's Social Trading, verify a profile, and send a confirmation email to LiteFinance to receive the prize。The prize money will be deposited into the real account of the winner and cannot be withdrawn, valid for 6 months。The profits earned by the winner in his trading account using the prize money may be withdrawn without any restriction。

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LiteForex is regulated by CySEC and is also regulated by the European Securities and Markets Authority (ESMA).。However, in addition to operating in Cyprus, LiteForex also has a branch in the Marshall Islands.。In the Marshall Islands, LiteForex is not regulated by any financial regulator and operates under the name LiteForex Investments Limited (unlike LiteForex Europe Limited, which is regulated by CySEC).。

According to the experience of some traders registered with LiteForex, the company does not strictly restrict EU traders to register only with LiteForex Europe Limited。These traders can publicly register LiteForex Investments Limited and are not subject to the higher leverage limit issued by the ESMA。

LiteForex's trading assets include currencies, metals, oil, equity CFDs, global indices and cryptocurrencies, and the broker also offers traders the opportunity to trade CFDs on the stocks of more than 40 large U.S. companies.。

Supported by the MetaTrader 4 and 5 platforms, LiteForex traders can freely trade various instruments using the most well-known trading techniques。It is also a portal to access custom indicators and smart trading systems, which everyone can discuss and download on MQL4 and MQL5 websites.。

LiteForex only offers ECN and classic account types。Although the account types are relatively limited, they can still meet the needs of most traders, especially those with junior to intermediate trading experience。

Interestingly, LiteForex claims to offer ECN traders annual interest equal to 2% of the daily accumulated free margin..5%。In addition, LiteForex has also established a social trading system, which is completely similar to a social media platform, and its special functions are completely based on the usual trading needs. The platform can also be easily integrated with the trader's membership area。

When it comes to payment methods, LiteForex offers a wide range of options, from standard bank transfers to electronic payments like Skrill and Neteller.。The broker is also known for its ongoing "zero fee" program, which allows traders to avoid additional fees for each payment method.。

In addition to working to simplify the payment and trading experience for traders, Liteforex was one of the first brokers to launch Cent accounts for small traders, hence the name "Lite."。However, the company's focus seems to have changed over time, so they are now choosing to only serve ECN and Classic Traders。

In addition, LiteForex has been serving retail traders around the world since 2005, leading many Forex companies.。Although LiteForex is an offshore forex trading broker, its continued operation for more than 10 years is a testament to the trust of retail traders.。

In view of its expansion into Asian countries and its enthusiastic efforts to penetrate the market, LiteForex not only provides language support on its official website, but also tailors local payments and other methods for traders in each country to maximize its commitment。

To get traders involved in more trading activities, LiteForex also hosts seasonal trading contests and various promotional bonuses.。

It is worth noting that LiteForex offers its services worldwide under the name LiteForex Investments Limited, which is not yet registered under any financial regulations.。If an accident occurs in the future, it may be difficult for traders to complain and claim。

All in all, trading at LiteForex is quite reliable, especially considering its role as an offshore broker.。

HF Markets: "From Virtual to Real"

Account Type: Demo Eligibility: People who create a live trading account at HF Markets and register separately for a demo contest account; each entrant can only register for one demo contest account; the contest is not available to residents of China and / or Bangladesh。Trading platform: Unspecified bonus pool: 3 winners for $3,500。Maximum prize: $2,000 Race time: Monthly contest rules:

Each round starts on the first day of the month and ends on the last day of the month, and new entrants must register before the next round begins。The winner is the contestant who receives the highest payoff according to a predetermined formula (please read the "Terms and Conditions" for details)。Bonuses will be deposited into the winner's live trading account。As long as the winner completes at least 50 round trades and the total trading volume reaches 10 standard lots, the profit can be withdrawn。After withdrawal, the bonus will be deducted from the real account。

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HF Markets is an award-winning Forex and commodities broker founded in 2010, offering trading services and facilities to retail and institutional clients.。More than nine years since opening, HF Markets has opened around 1,500,000 live accounts worldwide with 200 employees.。

From the point of view of its services, HF Markets can be regarded as middle class, customers do not need to prepare a large deposit to join the broker to trade。In addition, there are a variety of account types, trading software and tools for both individual and institutional clients to trade Forex and CFD online。

HF Markets is the registered brand name of HF Markets (Europe), which is regulated by various financial regulators according to its location。Details are as follows:

HF Markets (SV) Ltd, registered as an international business company in Saint Vincent and the Grenadines with registration number 22747 IBC 2015。HF Markets (Europe), licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 183 / 12。HF Markets SA (PTY) is a financial service provider (FSP) licensed and regulated by the South African Financial Sector Conduct Authority (FSCA) under license number 46632.。HF Markets (Seychelles) is incorporated under the laws of the Republic of Seychelles, registration number 8419176-1, regulated by the Seychelles Financial Services Authority (FSA), securities dealer license number SD015。HF Markets (DIFC) Ltd, licensed and regulated by the Dubai Financial Services Authority (DFSA), license number F004885。HF Markets (UK) Ltd, authorised and regulated by the Financial Conduct Authority (FCA), company reference number 801701。

Traders can become professional clients, manage and assess risk if they are more experienced, knowledgeable and have a more mature trading environment。As a result, professional clients can get better rates but less regulatory protection。

Trading through HF Markets gives traders access to a variety of trading tools, such as Forex CFD, cryptocurrencies, rare metals (gold, silver, etc.), energy (oil and gas), commodities (such as coffee, copper and sugar), indices, bonds and popular stocks (such as Google, Apple and Facebook)。

HF Markets offers the lowest spreads on the market, with spreads in zero accounts starting at 0。The broker's quotes for major forex currency pairs are accurate to five decimal places。As a result, traders have the opportunity to obtain more accurate pricing and optimal spreads。

HF Markets has received a number of prestigious titles, including the great honour of being among the world's top 100 companies in world finance.。Other awards include the "World's Best Customer Money Security" award from Global Brands magazine, the Best Global Forex Documentary Trading Platform award from the 2019 Global Forex Awards, and the 2019 Fastest Growing Forex Broker Mena Award from International Business Magazine.。

After opening an account in HF Markets, traders will be able to meet all their trading needs through various forex trading platforms。Whether traders prefer to trade on desktop or mobile, MetaTrader 4 can be used on desktop (terminals, multiterminals and web terminals) and mobile phones (iPhone, iPad and Android)。

Clients' funds are held in separate accounts and only the major banks are used by the market, as successful traders must focus their full attention on trading rather than worrying about the safety of their funds。

HF Markets does not charge any transaction fees when making deposits and withdrawals, and has a variety of payment methods, with a choice of wire transfers, bank cards and online payments (Neteller, iDeal, Soport Banking and Skrill), ensuring that traders can trade quickly 24 / 7 on weekdays.。

Traders can earn extra income by joining affiliate programs offered by Markets。Clients who join the program will get some advantages, such as a 60% net spread based on sub-client trading volume, and net income of up to $15 per lot.。More information about HF Markets can be found on its official website, which supports 27 languages。

In summary, HF Markets is one of the award-winning Forex and Commodities Brokers。Traders can choose from a variety of account types in HF Markets, and the broker itself is a trader's favorite due to its low spreads, ideal for traders with limited funds and a desire to have more opportunities to maximize profits。

Juno Markets: "Top Traders"

Account Type: Real Eligibility: People who sign up for a Juno Markets account, sign up for a Juno Markets contest account separately and deposit at least $25 into the contest account。Trading Platform: MT4 Bonus Pool: 3 Winners for $1,750。Maximum prize: $1,000 Race time: fortnightly contest rules:

New entrants must register for a Juno Markets competition account and deposit at least $25 into the account before the next round of competition。The match account is an STP account with a leverage ratio of 1: 500。Entrants must aim for the highest percentage change in net worth before the end of the race。Winners will be notified within one week of the end of the competition and the cash prize will be deposited into the winner's live trading account。

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Juno Markets is a Forex and CFD broker offering traders CFDs for currencies, stocks, indices and spot gold and silver。Founded in 2014, Juno Markets Limited is Asia-focused and all of its technology, including websites, trading servers and liquidity providers, are hosted locally in Asia.。Juno Markets Limited is incorporated in the Republic of Vanuatu and is an international company regulated by the Vanuatu Financial Commission (VFSC).。

Juno Markets Limited is incorporated in the Republic of Vanuatu and is an international company regulated by the Vanuatu Financial Commission (VFSC).。Even without top-level regulation, the security of client funds is important to them。The entire business model is built around providing a superior trading environment and adhering to international compliance standards。All interactions between customers and Juno Markets take place via a secure SSL website, ensuring that no external party can access the customer's data。

After opening an account with Juno Markets, customers can trade using multiple platforms, including MetaTrader4 and Juno AutoTrader。Juno Markets offers MetaTrader4 web and mobile apps。All Forex instruments are offered through its no-trade execution model, while pricing comes from the world's top liquidity providers to ensure deep and stable liquidity for clients.。

Juno Markets tries to offer a variety of tools to help traders simplify their trading or strengthen their trading ideas, with daily trading ideas and real-time forex signals available to all clients。For clients wishing to follow a professional trader, Juno Markets offers a portfolio of fund managers, where clients can invest in proven fund managers, and Juno AutoTrader, where clients can choose to automatically follow different professional traders.。

In addition, the company attaches great importance to partners and offers the opportunity to become an introductory broker (IB), money manager or white label。Juno Markets gives every partner the tools they need to deliver better service。

As an IB, partners will receive a personalized back-office portal and customer relationship management system, a competitive and flexible commission structure, a mobile console that allows them to track their business anytime, anywhere, and customized marketing materials in multiple languages。The program is divided into four levels, including ruby, gold, diamond and platinum。Each level has its own advantages to help customers grow their business。Because of this, Juno Markets is known for its partner programs and was named the best IB program by China Forex Trading Expo for four consecutive years from 2015 to 2018.。

In the education section, there are some interesting tutorials on basic concepts of online forex trading。It covers concepts such as the correlation between interest rates and the foreign exchange market, support levels and resistance levels.。

If you are trading in Juno Markets, there are several ways to fund your account。In general, withdrawals will be made in the same way as deposits。Acceptable payment methods include Visa, Mastercard, Skrill, Neteller, China UnionPay, WeChat Pay, FasaPay, etc.。Withdrawals will be processed on the day of receipt of the withdrawal, depending on the payment method, the funds will be returned to the customer's account within 1-7 days。Traders can contact the Juno Markets support team by phone and email。

In summary, Juno Markets is a relatively new broker。It does not have top-level regulation, but offers a comprehensive range of trading products and a variety of trading accounts for customers to choose from.。

InstaForex: "Forex Sniper"

Account Type: Demo Eligibility: Anyone who has a live trading account with InstaForex and is registered for the competition separately; each entrant can only register for one demo competition account。Trading platform: Unspecified bonus pool: $1,500 for 5 winners。Maximum prize: $500 Race time: Weekly contest rules:

Each round starts at 00: 00 on Monday and ends at 23: 59 on Friday.。New entrants must register one week in advance on the competition page of Instaforex website, and the registration ends one hour before the competition starts.。All contestants compete through a demo account with a virtual capital of $10,000 and a leverage ratio of 1: 500.。The contestant with the highest balance at the end of the competition is the winner。The prize money will be deposited into the winner's live trading account, provided that at least 5% of the profits during the competition come from GBP / USD and 5% from GBP / JPY。Prizes cannot be withdrawn, but can be used for trading and trading profits can be withdrawn indefinitely。

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InstaForex is an international broker offering trading services to traders worldwide。Since its inception in 2007, InstaForex has served up to 7 million traders from various countries.。InstaForex, headquartered in Kaliningrad, Russia, is always committed to improving the quality of the company in order to attract the hearts of customers。

InstaForex's efforts are there for all to see, and one of them is winning various awards, including the 2018 Best Forex Cryptocurrency Trading Platform from the UK Forex Awards, the 2018 Best ECN Broker in Asia from IBM, the 2018 Eastern European Forex Broker of the Year Award from Lee, the 2016-2017 Financial Olympus Fonti Award, Development Award and Success Award, among others.。

InstaForex offers 4 types of accounts that represent a common trading tool that helps to operate on international financial markets, such as Insta.Standard, Insta.Eurica, Cent.Standard and Cent.Eurica。The type of trading account varies depending on the method of calculating spreads and commissions and is selected by the account opening trader。

Insta.Standard accounts are linked to standard trading terms on the Forex market and allow trade settlement using classic spreads with no fees。Traders are charged a fixed spread every time they make a trade, with a spread range of 3-7 points。The main advantage of this type of account is its versatility, as the trader can change the trading leverage and use the convenient trader's deposit size。

with Insta.Standard account is different, Insta.The Eurica account does not need to pay any spreads when opening positions.。Therefore, such InstaForex account is suitable for a minimum trading volume of 0.01 hands of a beginner trader。

InstaForex also has other types of accounts, namely Cent.Standard and Cent.Eurica, available for beginners because they can use the smallest trading volume, which is 0.0001 lots (cost per lot is 0.1 cent)。The deposit currencies available to traders are EUR and USD (for all types of accounts)。

Trading at InstaForex is taken for granted as traders can choose to trade with leverage between 1: 1 and 1: 1,000。Since the minimum initial deposit requirement is only $1 (for all types of accounts), InstaForex customers have the opportunity to receive a 30% to 100% deposit bonus。

Not only that, beginners will not be confused when determining a forex trading strategy because the ForexCopy service provided by Instaforex allows traders to copy orders from professional traders in just a few minutes。

In addition, InstaForex provides traders with about 300 trading tools, in addition to currency pairs, there are futures, stocks, gold, silver, CFDs, Bitcoin, etc.。

Every InstaForex client is free to choose the trading platform that suits their needs。There are four types of trading platforms available, including InstaBinary, WebIFX, MetaTrader4 and MetaTrader5, each with advantages and disadvantages。InstaForex also offers video tutorials on how to register on each platform with the aim of making it more convenient for beginner traders who want to join InstaForex。

If traders are still confused after watching the video tutorials, traders can reach out to customer service 24 hours online via various social media including email, Skype, Whatsapp, Telegram, Viber, Twitter and phone。About 30 languages are available on the InstaForex website to facilitate traders from different countries。

Traders can also use the trading calculator available on the InstaForex website to help themselves and can accumulate currency pairs, leverage, trading volume and currency used。

InstaForex also has a variety of payment systems, with traders paying for deposits via Visa, Mastercard, Skrill, Neteller, PayCo and wire transfers.。All in all, InstaForex is a comprehensive broker for many types of traders。

Tickmill: "Trader of the Month"

Account Type: Real Eligibility: All real account holders of Tickmill (regulated by FSA SC) with a net account value of not less than $500 will automatically participate in the competition without separate registration。Trading platform: Unspecified bonus pool: 1 winner for $1,000。Maximum prize money: $1,000 Race time: Monthly contest rules:

Each round of transactions starts on the first day of the month and ends on the last day of the month。Contestants simply trade as usual。Winners for each month will be selected by a three-person panel of Tickmill management members and announced within the first 15 trading days of the new month.。The bonus will be deposited into the real account of the winner, and the bonus can be used for trading or withdrawal at any time without restriction。

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Tickmill is an award-winning global ECN broker licensed and regulated by the Financial Conduct Authority (FCA), Cyprus CySEC and the Seychelles FSA。Founded in 2014, the company offers a variety of trading services to retail and institutional clients with a focus on foreign exchange, equities, commodities, CFDs and metals.。

For traders who prioritize spread value in broker selection, Tickmill offers premium services with low spreads, from 0.From 0 o'clock。

The London-based company's mission is to provide clients with the best possible trading environment so that they can focus on trading and become successful traders, such as offering 0.15 seconds of quick execution。With this setup, Tickmill gets CFI.Best Forex Executive Broker Award 2019 from co Awards。In addition, Tickmill has been awarded "Best CFD Broker in Asia 2019" by International Business Magazine, "Best Forex Broker in Asia" by Forex Awards and "Most Transparent Broker in 2019."。

After registering with Tickmill, traders can choose the most desirable asset among the 60 currency pairs available for trading。If the trader is not yet sure whether to open a real account, Tickmill recommends learning to trade through a demo account。

There are also educational features such as webinars, seminars, e-books and video tutorials。Traders can use all these facilities to increase their knowledge about trading and the financial markets in general。If traders already have enough knowledge, they have a greater chance of consistently earning profits。

For traders who sign up for a real account, they can choose to offer three types of accounts, including professional accounts, classic accounts and VIP accounts。Traders can take 0.01 minimum order opening。This applies to all types of accounts。

The company offers advice to traders who are still confused when choosing an account。For example, for novice traders, Tickmill encourages customers to opt for classic accounts。It provides the best conditions for fast order execution while enabling traders to use almost any trading strategy。In addition, the account does not charge a trading commission, so the trader only pays the buy / sell spread。In addition to the above three main accounts, Tickmill also offers Islamic accounts (free of overnight interest).。

At Tickmill, however, traders can only use MetaTrader 4 as their trading platform.。Although not much compared to other brokers, the Tickmill platform provides a user-friendly and highly customizable interface with sophisticated order management tools to help traders control positions quickly and effectively。

One-click EA integrated on MT4 enhances the convenience of Tickmill trading。Traders will automatically receive stop loss and take profit calculations; most importantly, Tickmill provides VPS hosting for automatic traders who do not need to worry about technical issues such as Internet connection。

They offer a variety of third-party research solutions, including Autochartist, a popular pattern recognition software that uses automated technical analysis to make predictions and generate transaction numbers.。Autochartist is available in the portal of Tickmill and as a platform plug-in for MetaTrader 4。

As a Tickmill customer, traders can deposit and withdraw money using multiple payment methods including Visa, Mastercard, Bank Transfer and Skrill。Tickmill accepts deposits and withdrawals in 4 currencies, including USD, EUR, GBP and Polish Zloty。

Overall, Tickmill is a competitive spread broker and offers a safe trading environment with its regulated entities located in three different jurisdictions.。Although the trading platform is not great, the analytical tools they provide to meet the needs of traders meet the standards of retail brokers。