31.12.2024
Mikhail Vnuchkov
Author at Traders Union
31.12.2024

VideForex launches $20,000 trading contest with weekly prizes

VideForex launches $20,000 trading contest with weekly prizes The top four winners will each receive $20,000 in cash

​VideForex, a prominent online trading platform, has launched an exciting new competition designed to reward its active traders. 

The Trading Contest offers a prize fund of $20,000, with 20 winners each week. The contest is open to all VideForex traders with a funded account, and registration is automatic for eligible participants.

How the contest works

The contest runs weekly, starting every Sunday at 21:00 GMT and concluding the following Friday at 21:00 GMT. The winners are determined based on the number of trades placed within the week, regardless of the outcome of those trades. This means that both novice and experienced traders have an equal chance to win, provided they engage in active trading during the contest period.

The top four winners will each receive $20,000 in cash, while additional prizes and bonuses will be awarded to other participants, ensuring that multiple traders benefit from the contest. Notably, the minimum trade size to qualify for the contest is just $10, making it accessible to a wide range of traders. However, CFD trading volumes do not count toward the total number of trades.

Prizes and participation

Participants do not need to manually sign up for the contest. All traders with funded accounts are automatically entered. The prizes, including the top cash rewards, will be credited based on the leaderboard rankings, which can be tracked in real-time. Winners will be notified via email, and the prizes will be credited directly to their trading accounts, provided they meet certain conditions related to their available balance and deposits.

With the high cash prizes and the simplicity of the competition structure, VideForex’s trading contest is poised to attract more traders seeking to earn rewards for their activity. As weekly contests continue, traders will have numerous opportunities to compete and improve their standings, potentially leading to long-term engagement with the platform.

Read also: MEXC launches Christmas exclusive for new users with 100% APR.

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