How to participate in the Vantage simulation competition?
Vantage mock contest trades in a risk-free environment, offering the opportunity to earn a $2,000 cash prize。Here is the full guide。
Vantage Markets is a leading Forex and CFD broker that has been operating since 2009 and operates under the supervision of a number of credible regulators, including the UK FCA and ASIC Australia.。Recently, the broker launched a high-profile mock contest with a total prize of up to $4,000.。
Vantage Simulation Contest offers Vantage customers an opportunity to earn cash rewards through demo account transactions。Entrants who earn the highest profits at the end of the competition receive a $2,000 main prize and enter the broker's Top 10 leaderboard.。
Introduction to the Vantage Simulation Contest
The Vantage 2023 Simulation Contest is a time-limited promotion that allows new and existing customers of the broker to participate, except for Australian and UK customers。As the name suggests, the campaign requires each entrant to compete using an MT4 STP demo account with US dollars as the account currency.。
To participate in the contest, you simply register with Vantage and register as a contestant。Then you're free to trade and aim for first place。
As a starter, the broker will provide you with $10,000 in virtual funds that you can freely use to make as much profit as possible by trading。Please note that participants are not allowed to make any further deposits into the account。
At the end of the event, the contestant with the highest profit will be declared the winner。Contestants must trade at least 3 transactions during the competition to qualify for the win。
Vantage offers a total of $4,000 in cash incentives, as follows:
- Number 1: $2,000
- 2nd place: $1,000
- Number 3: $500
- Number 4-8: $100
In addition to this, the top 10 highest-earning entrants are also displayed on the broker's website, and the current ranking list is updated daily at 10: 00 a.m. (GMT + 7).。
Competition Rules
Each entrant must register with the broker and agree to the terms and conditions。Each participant can only use one account to participate in the demo contest.。The competition applies to all products on the platform。Competition is only available for MT4 STP demo account with USD as account currency。Complete at least 3 closing trades to qualify for the award.。Trading positions must be open for at least 2 minutes before they can be counted in the competition.。All trading positions will last for the entire month until the last day of the competition。Vantage will close the position at the last quote (long orders at the bid price and short orders at the ask price)。Participants may no longer deposit money into the account。Entrants who have participated in previous competitions and won prizes can re-enter the competition but can no longer win prizes。If an entrant wins a second time, the prize will be awarded to the entrant in the next tier。
How to Receive Rewards?
All cash prizes will be deposited into the winner's live trading account。Each participant must follow these steps to receive the award:
Open a live trading account in Vantage。Submit required documents such as identification and proof of residence to complete the verification process。Ensure that entry information is consistent with authentication information。Read and accept the terms and conditions。Waiting for Company Approval。
The cash award will be transferred to a real account in the form of credit and can only be used for withdrawals, but only when the number of trades reaches 1% of the award amount。
So if a contestant wins the $2,000 prize, they must trade at least 20 lots to withdraw the prize。
After completing the transaction requirements, entrants must submit a withdrawal application via email。Application will be processed within 3 working days。
Conclusion
For traders, the Vantage Mock Contest allows traders to test their skills and compete for big prizes without risking any real money。
However, winning a trading contest, even a mock contest, requires more than luck。It requires a combination of skill, knowledge and discipline。So if you want to try to race, make sure you're ready。
Vantage is a multi-asset broker with more than 10 years of experience, headquartered in Sydney, with operations in 172 countries and more than 1,000 employees in more than 30 offices around the world.。The broker has high transparency, strict regulation, lightning-fast trade execution, ECN raw spreads from 0..0 equal advantage。
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