Weltrade Is Giving Away $20,000 In Its Demo Contest
Weltrade is giving out $20,000 in its four-week demo contest. The trading tournament will run throughout October with winners announced at 23:00 EET each Sunday. Close to 6000 traders have already signed up for the contest. Find out how to get started.
Weltrade Demo Tournament
It is free to enter the virtual trading tournament and clients can take part in any of the four contests.
The 50 most successful traders in each contest period will receive $5000, which can be withdrawn without restrictions.
First place will take home $1000, second place will receive $500, third place will receive $350, fourth place will receive $250, fifth place will receive $150, 6th – 15th will receive $100, and 16th – 50th will receive $50.
A leaderboard is available on the broker’s website, showing the top performing trader’s name and account balance. You can also click the metrics icon to see what the user is trading.
The starting balance for all participants is $10,000. Leverage varies between instruments:
- Forex – 1:100
- Crypto – 1:100
- Metals – 1:100
- Indices – 1:100
- Commodities – 1:100
The minimum lot size is 0.001. The stop out level is 10%.
To take part, traders simply need to register for an account and log in to the Weltrade terminal. Users can then start trading in the contest account to compete for cash prizes.
Weltrade’s new web-based platform offers beginner-friendly navigation alongside advanced trading functionality. Users can access 100 indicators and 50 drawing tools through an intuitive dashboard and charting interface.
Account holders can trade stocks, indices, forex pairs, precious metals, energies, plus cryptocurrencies. Clients can also monitor open orders and track profit margins in a few clicks. Additionally, the platform offers 24/7 deposits and withdrawals.
Weltrade is an award-winning brokerage with over 170,000 client registrations. The brand is particularly popular in Asia, though it also has customers from Europe and beyond.
Weltrade offers an impressive range of additional trading tools, including a VPS, copy trading, and live signals. A selection of bonuses and promotions, plus STP and ECN trading accounts, have also made the broker attractive to both beginners and experienced traders.
Follow the link below to get started with Weltrade today.