InstaForex Lucky Trader Contest – $3,000 Demo Trading Competition
InstaForex Lucky Trader Contest – $3,000 Demo Trading Competition
The InstaForex Lucky Trader Contest is a bi-weekly demo trading competition designed for traders who want to test their strategies in a risk-free environment while competing for real cash prizes. Participants trade using demo accounts, and winners are determined based on a special rating system that calculates the total profit in pips minus the loss in pips.
This contest allows traders to compete without depositing real funds. Every two weeks, a new round begins, giving participants multiple opportunities throughout the year to climb the rankings and win prizes.
Contest Overview
- Broker: InstaForex
- Contest Name: Lucky Trader
- Account Type: Demo Account
- Initial Deposit: $30,000 (Virtual Funds)
- Leverage: 1:500
- Frequency: Every Two Weeks
- Duration: 2 Weeks
- Prize Pool Per Round: $3,000
The total monthly prize fund may reach up to $6,000, depending on the number of contest rounds held during the month.
How the Winner is Determined
Unlike traditional contests that focus only on account balance, the Lucky Trader Contest uses a rating system based on:
- Total profit pips earned
- Minus total loss pips
The participant with the highest final rating at the end of the contest period is declared the winner.
How to Participate
- Nevigate for the Lucky Trader contest through the official InstaForex contest page.
- Receive a demo account with a $30,000 virtual deposit.
- Trade using leverage of 1:500.
- Choose trade sizes between 0.01 and 1 lot.
- Compete to achieve the highest rating and win prizes.
Contest Conditions
- Participation is completely free.
- The contest runs every two weeks from Monday 00:00 to Friday 23:59:59 (terminal time).
- Each participant receives a fixed $30,000 virtual deposit.
- Leverage is set at 1:500.
- Minimum trade size is 0.01 lot.
- Maximum trade size is 1 lot.
- Contest results are officially recorded on Saturday at 12:00 GMT+3.
Prize Structure
Each two-week contest offers a total prize pool of $3,000. Winners are rewarded based on their final ranking after results are calculated.
The prize pool may vary monthly depending on the number of contest rounds conducted.
Traders interested in joining should ensure they participate before the deadline and understand the pip-based rating calculation system before participating.