Contest Overview
The Fire Ride Demo Trading Contest by Headway celebrates the Year of the Fire Horse and invites
traders worldwide to compete in a fast-paced demo trading challenge. All trades are placed using a demo account,
making this contest completely risk-free.
Participants aim to grow their virtual balance as much as possible during the contest period and secure a spot
among the Top 10 winners to receive real cash prizes.
Contest Schedule
- Registration Period: January 26 – February 17
- Trading Period: February 2 (13:00 MT) – February 16 (13:00 MT)
- Final Results Announcement: February 17
Prize Pool & Rewards
The total prize pool for the Headway Fire Ride Demo Trading Contest is $2,125, distributed among
the Top 10 traders.
| Rank | Prize |
|---|---|
| 1st Place | $1,000 |
| 2nd Place | $500 |
| 3rd Place | $200 |
| 4th Place | $100 |
| 5th Place | $75 |
| 6th – 10th | $50 each |
All prizes are fully withdrawable and can be used freely after being credited to your account.
Trading Conditions
- Platform: MetaTrader 5 (MT5)
- Leverage: Up to 1:4724
- Initial Balance: $2,125 demo funds
- Trading Instruments: Forex, Metals, Energies, FLAME
How to Join the Contest
- Register: Sign up for the Fire Ride contest on Headway.
- Get demo credentials: Receive your contest trading account.
- Start trading: Trade during the official contest period.
- Track ranking: Monitor the leaderboard in your Personal Area.
- Claim your prize: Withdraw your reward if you finish in the Top 10.
Key Rules & Requirements
- Only demo accounts provided for the contest are allowed.
- One participant is permitted one contest account.
- All trading activity must take place within the official contest timeframe.
- Prizes are credited after verification and leaderboard confirmation.
Tips to Rank Higher
- Use strong risk management to avoid large drawdowns.
- Focus on consistency rather than aggressive gambling.
- Trade highly liquid instruments to control spreads and slippage.
- Plan strategies ahead and stick to them.
- Monitor performance daily and adjust carefully.
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Frequently Asked Questions (FAQ)
Is the Fire Ride contest free to join?
Yes, participation is completely free and uses a demo trading account.
Do I need to deposit money?
No, no real money deposit is required.
Are prizes withdrawable?
Yes, all prizes are fully withdrawable.
Which platform is supported?
The contest runs on MetaTrader 5 (MT5).
Final Summary
The Headway Fire Ride Demo Trading Contest offers traders a risk-free opportunity to showcase their
skills and win real cash rewards. With a generous prize pool, flexible trading conditions, and a simple registration
process, this competition is ideal for traders looking to gain experience and earn rewards simultaneously.
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