InstaForex Real Scalping Demo Contest – $6,000 Prize Pool
InstaForex Real Scalping Demo Contest – $6,000 Prize Pool
InstaForex organizes a monthly demo trading competition called the Real Scalping Contest. The contest allows traders to compete using a demo trading account with virtual funds while aiming to achieve the highest trading balance during the competition period.
Participants trade in a simulated trading environment that mirrors real market conditions. The contest provides a demo account balance of $20,000 with leverage up to 1:500, allowing traders to test their strategies and compete against other participants.
Contest Overview
The Real Scalping contest is held every month. Each contest round begins at 00:00 on the first Monday of the month and ends at 23:59 on the last Friday of the month according to the trading terminal time. The results are typically calculated and finalized on the last Saturday of the month at 12:00 GMT+3.
The trading account used in the contest is a demo account with a fixed balance of $20,000. Participants trade using Forex instruments, primarily major currency pairs and Forex crosses. The minimum trade size allowed is 0.01 lot, while the maximum trade size is limited to 1 lot.
Winner Determination
Winners are determined based on the highest account balance achieved by the end of the contest. If two participants achieve identical results, the contest organiser reserves the right to determine the final ranking.
Prize Structure
The total prize pool for each monthly contest is $6,000, distributed among the top eight participants based on their final trading results.
1st Place – $2,000
2nd Place – $1,500
3rd Place – $1,000
4th Place – $500
5th Place – $400
6th Place – $300
7th Place – $200
8th Place – $100
Trading Conditions
All participants trade with the same account conditions during the contest. The leverage provided is 1:500, and the maximum number of open positions, including pending orders, is limited to five. Participants may use various trading strategies and Expert Advisors (EAs), provided they follow the contest rules.
The contest uses demo accounts that replicate live market conditions. At the end of the contest period, all open trades are closed automatically at current market prices to determine the final results.
Prize Credit and Withdrawal
Prize funds are credited to the winners’ verified live trading accounts. The prize (Trading bonus ) itself cannot be withdrawn directly, but profits generated from trading the prize funds may be withdrawn according to the broker rules.
Source
Information about this contest is available on the official InstaForex contest page.
Important Note
Contest rules, participation conditions, and prize distribution policies are determined by InstaForex. Traders should review the official contest terms before participating.