TeleTrade launches new challenge with $10,000 grand prize

International broker TeleTrade has officially launched its latest global trading challenge, offering ambitious retail traders the opportunity to compete for a grand prize of $10,000.
The contest, which runs through August 31, 2025, is open to new and existing users who meet the participation criteria.
How the Challenge works
To enter, participants must:
1. Sign up.
2. Open a special TeleTrade Contest Account.
3. Deposit a minimum of $250 USD.
4. Start trading and follow the participant ranking.
Traders will then compete in a live trading environment over nearly two months. The performance will be ranked based on profitability, with the top five performers receiving investment-backed prizes aimed at supporting their continued trading growth.
Prize structure:
• 1st place: $10,000
• 2nd place: $5,000
• 3rd place: $2,500
• 4th place: $1,500
• 5th place: $1,000
At the end of the challenge, the top traders will receive direct investment into their accounts from TeleTrade — a format designed not only to reward success but also to foster sustainable skill development and capital growth.
About TeleTrade
Founded in 1994, TeleTrade is a global financial services provider offering retail traders access to forex, commodities, indices, and CFDs through industry-standard platforms. With over two decades of experience and a reputation for educational support, the broker positions itself as a gateway for aspiring traders seeking both competitive conditions and professional mentorship.
This latest competition aligns with TeleTrade’s broader mission to promote trading discipline, real-world strategy testing, and community recognition.
As a reminder, TeleTrade introduces new monthly affiliate payout schedule starting July 1.