Broker trading contests or trading competitions are usually organized by brokers.。Its main purpose is to provide a space for traders to demonstrate their trading skills。They will race against time to get as much profit as possible to win the race。

Sometimes, trading competitions use demo accounts, but real accounts can also be used。At the end of the competition, traders will receive many prizes。

If you're looking for a thrilling trading contest, the Vantage Real Trading Contest may be the one for you。This contest will give you a total prize of $50,000。

The prize will be distributed to the top 20 winners.。For the other contestants, it will be a great opportunity to prove their skills。

What else do you need to know about this great opportunity？

How the Vantage Real Trading Contest Goes

As the name suggests, the Vantage trading contest will be held in a live account rather than a demo account.。This means that if you participate in this forex contest, you must trade in the real market。

The Vantage Real Deal Contest registration period starts on July 1, 2023 and will end on September 22, 2023。Meanwhile, the competition will be held from August 1 to September 30, 2023.。

The winner will receive a $50,000 prize。It will be distributed to the 20 participants with the highest returns based on the percentage increase in the net account value at the end of the competition。

The awards are presented as follows:

● Number 1: $20,000

Second place: $10,000

Third place: $6,000

Number 4: $3,000

● 5th to 10th place: $1,000

● 11th to 20th: $500

No registration fee is required, but you will need to transfer a minimum of $500 to trade during the tournament。

The good news is that you can trade all financial instruments in this trading contest.。Whereas the services offered by Vantage, which include foreign exchange CFDs, indices, commodities, stocks, etc.。

Finally, you can withdraw profits during the game。However, keep in mind that quitting may affect your ranking。

How to Participate in the Vantage Trading Contest

To enter the Vantage trading contest, you should take several steps。

1.You must open a Vantage live account before entering the contest。

2.The competition also requires you to deposit at least $500。So please fund your account as required。

3.Go to the Vantage website, check the menu in the upper right corner, and click "Start Trading"。

4.This will lead you to a rich menu。Just look at the "Promotional" menu in the upper right corner and look below。You should see the "Trading Cotest" option。Click on it。

5.This will take you to the Vantage Live Trading Contest page。Here you can see the form of participating in the competition。You need to fill in your account number, email address and nickname。Once done, just click on the "Enter Competition Now" button below。

6.Start trading and become a top trader to earn prizes。

Why You Should Participate in the Vantage Trading Contest？

Vantage is not the only broker that offers trading competition for most traders。The real question is, why enter the Vantage trade contest？There are several reasons:

● Free entry: You do not need to pay any registration fee to participate in the competition。This means you only have to spend your money on deposits。

● Friendly competition: Vantage allows you to benchmark your trading skills and compete with other talented traders。The conditions of the competition are quite friendly and allow you to explore your trading abilities。

● Security: Vantage prioritizes security and privacy for all participants。Your personal information will be processed securely in accordance with Vantage's Privacy Policy。

● Suitable for all traders: Vantage live trading competitions are not exclusive to professionals。If you are a new trader and want to try out a trading contest, you can also participate in this contest。

How Trading Competitions Affect Your Trading Skills

In addition to the rewards that can be earned, trading competitions offer a number of other benefits。Most of these are closely related to honing trader skills。So, what do you get from participating in Forex trading competitions?？

1. Train your ability under pressure

Trade matches require more effort and participation。There are challenges and pressures involved in trading competitions.。The need to perform well under given constraints will encourage you to improve your trading strategy。

2 、 Self-Assessment and Improvement

Through the competitive environment, you can evaluate your trading performance and recognize areas for improvement。Feedback and insights from the competition help refine your trading methods and strategies。You can take proactive steps to address these issues and improve your trading practices in a targeted manner。

3. Self-discipline

Participating in forex contests like the Vantage Live Trading Contest can test your discipline and quick decision-making skills。These competitions are a valuable platform to cultivate and strengthen your consistency in complying with your trading plan。

4. Network

Engaging with like-minded and transactional people can create an environment conducive to the exchange of ideas, experiences and knowledge。By interacting with other participants, you are exposed to different views, trading styles and strategies that may differ from yours。This exposure allows you to broaden your understanding of the market。

SUMMARY

In summary, the Vantage Live Trading Contest provides an exciting opportunity for traders to showcase their skills and compete in a real market environment.。Based on the percentage increase in account NAV, the top 20 participants will receive a generous $50,000 prize pool。

Despite all the benefits offered by competition in foreign exchange trading, it is important to be careful to participate in it, as trading involves risks and competition may amplify these risks。It is always wise to train in a demo account before entering the competition。