The Exness Forex contest allows you to try your hand at trading the currency markets and win prizes in real money. You have to register and deposit a certain amount to participate in the contest. Then you have to follow the rules of the contest, which are posted on the company’s website. If you don’t follow the rules, you will lose the prize money.
If you are eligible to participate, you can open a demo or a live account. The account offerings may vary depending on your jurisdiction, but it’s always a good idea to check the conditions before starting to trade. Also, make sure to check whether you qualify for the contest, because if you don’t, you can’t win.
You can participate in the Forex World Cup, an annual demo contest hosted by Exness, which has a prize pool of $120,000. In addition to the Grand Finale, you can win prizes for being the top trader in each round. Prizes are divided into two parts – a withdrawable portion and a bonus portion. If you don’t qualify, you can still participate if you’re a new client and don’t want to risk a real account.
Exness is a highly-regarded retail broker and has won numerous awards for its services. The company is regulated in multiple jurisdictions and provides competitive spreads with no hidden commissions. It also runs the Exness Academy, which was created to provide education to thousands of traders from around the world. The materials offered are tailored to each level of experience.
Forex trading is very similar to football. It requires skill, concentration, and excellent tactics. To participate in the Only The Best trading contest, Exness clients need to register with MyFXTM and agree to the contest rules. Then, they should open a demo account and begin trading with the aim of being the top trader.
Exness offers low spreads for ECN accounts. They also do not charge inactivity fees or funding fees. The spreads vary by account type, with Standard Cent Account Spreads starting at 0.3 pips and no commission on trading volume. Prizes can be transferred into real FBS accounts. They can also be withdrawn.
If you’re one of the lucky winners, you’ll be able to receive your prize money on your trading account. Just send a message to ContestFX at the RoboForex message board. However, if you get stopped out, your prize money will be written off. The winner will receive a personal message with their account number and instructions.