How to Participate in the Sniper Weekly Demo Contest – InstaForex

The Sniper Weekly Demo Contest is a prestigious competition hosted by InstaForex, designed to test and reward the best trading strategies and skills. Participants have the chance to win cash prizes while showcasing their trading prowess. Here are the essential details:

Table of Contents : InstaForex

• Contest Overview
• Eligibility Criteria
• Trading Conditions
• Determining Results and Winners
• Additional Information

Contest Overview

• Contest Name: Sniper Weekly Demo Contest
• Organizer: InstaForex
• Duration: Held every week from Monday 00:00 to Friday 23:59:59 (terminal time)
• Prize Pool: $2,000
• Prize Distribution:
  • 1st place: $700
  • 2nd place: $500
  • 3rd place: $400
  • 4th place: $300
  • 5th place: $100
• Registration: Participants must register on the InstaForex website and open individual demo accounts for each weekly contest. Registration ends one hour before the contest starts.

Eligibility Criteria

• Participation: Any owner of a trading account with InstaForex can participate in the contest.
• Age Requirement: Only full-aged customers (over 18 years old) are eligible.
• Registration Details: Participants must sign up on the InstaForex website and provide true data, including their full name and available email address.

Trading Conditions

• Initial Deposit: $10,000 for all participants.
• Leverage: 1:500 by default.
• Trading Instruments: Major currency pairs and cross rates are the only available trading instruments.
• Trade Volume: Minimal trade volume is 0.01 lot, and the maximum is 1 lot.
• Stop-out Level: 10%.
• Expert Advisors: Participants can use Expert Advisors and any trading strategies without restrictions.

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Determining Results and Winners

• Results Access: Equity of participants’ accounts is available in free access on the company’s website during the contest period.
• Winner Selection: The winners are determined based on the equity of their accounts at the end of the contest period.
• Prize Claims: Winners are required to open and verify their live trading accounts to receive their prizes.

Additional Information

• Future Registration: Participants can register for the next weekly contest during the week preceding it. Registration finishes one hour before the contest starts.
• Disqualification Rights: The Organizer reserves the right to decline registration of any participant without explanation or disqualify any participant during the contest or after it is over with an explanation.

By following these rules and guidelines, participants can effectively take part in the Sniper Weekly Demo Contest and stand a chance to win cash prizes. This contest offers a fantastic opportunity for traders to refine their skills and gain recognition in the trading community.

Read How To Claim An UNFXB $500 No Deposit Bonus

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