Gerchik & Co Launches 2026 Demo Trading Competition With $47,000 Prize Pool

Last Updated: Sep 8, 2026

Gerchik & Co has opened registration for its 2026 Demo Trading Competition, letting traders compete on a demo account for a share of a combined $47,000 prize pool. The competition is free to enter, requires no deposit, and, according to the broker, no prior trading experience is needed.

Registration is open now, with the competition itself starting on November 2, 2026. A total of 40 traders will win prizes, including a $5,000 grand prize for the top finisher.

Key highlights include:

• $47,000 total prize pool.
• $5,000 grand prize for the top-ranked trader.
• 40 winners overall.
• Free to enter — no risk, no deposit, no prior experience required.
• Competition starts November 2, 2026; registration is open now.

Full ranking criteria, the exact end date of the competition, and detailed entry requirements are not specified in the announcement. Traders should follow the "DEMO" link in Gerchik & Co's Instagram bio for complete registration details and rules before entering.

Gerchik & Co

Gerchik & Co is an offshore-regulated broker, holding a Financial Dealer license from the Vanuatu Financial Services Commission (VFSC, license 40512) and an Investment Dealer license from the Financial Services Commission of Mauritius. Both are generally considered lighter-touch, offshore regulatory frameworks compared to Tier-1 authorities like the FCA or ASIC. The broker is also a member of the Financial Commission (FinaCom), which offers independent dispute resolution and compensation of up to €20,000 per claim — though this fund is privately run rather than state-backed, so it doesn't carry the same guarantees as a government deposit insurance scheme.

Gerchik & Co focuses primarily on Russian-speaking markets, and it's worth noting the broker has appeared on warning lists issued by the Central Bank of Russia and Ukraine's securities regulator (NSSMC) for operating without local authorization in those specific markets — a common situation for offshore brokers serving clients in jurisdictions where they aren't separately licensed. This doesn't necessarily indicate fraud, but traders in those regions especially should understand that local regulatory protection would not apply.

Check the broker listings for more promotions, trading opportunities, and additional information from Gerchik & Co.

Trading forex and CFDs involves risk of loss. This article is for informational purposes only and does not constitute financial advice.