VideForex, a dynamic online trading platform, is currently running its popular Weekly Live Trading Contest, offering traders an exciting opportunity to showcase their skills and compete for a share of a substantial $20,000 prize pool. This recurring promotion is designed to reward active participation and high-frequency execution on live funded accounts, making it a thrilling challenge for both new and experienced forex enthusiasts.
Direct Link: VideForex Weekly Trading Contest
This exciting contest is open to both new and existing clients globally, provided they hold a verified, active funded account with VideForex. However, potential participants should note that VideForex does not accept clients from the USA and certain other restricted countries.
How to Claim the VideForex Weekly Trading Contest
- Register an account or log in at VideForex.
- Fund your live trading account with at least $250.
- Ensure your account is fully verified.
- The contest entry is automatic for all eligible live accounts.
- Start trading with a minimum trade size of $10.
Promotion Details & Terms
- The contest runs weekly, from Sunday 21:00 GMT to Friday 21:00 GMT.
- A total prize pool of $20,000 USD is distributed weekly.
- There are 20 winners every week.
- Winners are ranked based on the total number of trades executed.
- A minimum net balance of $250 is required for prize eligibility.
- Each trade must have a minimum size of $10.
- CFD trading volume is not counted towards contest ranking.
- Cash prizes are awarded to top performers, with bonuses for others.
About VideForex
VideForex was established in 2017 and is operated by Involva Corp, with its operations primarily based out of the Marshall Islands. The broker is noted for operating without regulation from any top-tier financial authority, which means it does not offer the same safeguards as regulated brokers. VideForex provides a proprietary web-based trading platform, alongside dedicated Android and iPhone mobile applications. Traders can access over 100 trading instruments, including forex pairs, cryptocurrencies, metals, stocks, indices, and binary options. The platform offers various account types, typically including Bronze, Silver, and Gold tiers, designed to cater to different trading needs.
Frequently Asked Questions
Who is eligible to participate in the VideForex Weekly Trading Contest?
The contest is open to all verified traders who hold an active and funded live trading account with VideForex. Institutional accounts and non-verified users are typically excluded from participation.
How are the contest prizes credited to winners?
Cash prizes for the top winners are credited directly to their VideForex trading accounts. Any bonus prizes awarded to other winning positions are subject to specific volume trading conditions before they can be withdrawn.
What are the withdrawal conditions for contest prizes?
Cash prizes received by the top traders are generally fully withdrawable. However, bonus prizes often require meeting specific trading volume requirements before they become eligible for withdrawal.
How is the ranking for the VideForex Weekly Trading Contest determined?
Traders are ranked based on the total number of trades executed during the one-week contest period. The more trades a participant makes, the higher their position on the leaderboard.
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