LiteFinance invites to "Forecast for Quotes" contest with a prize pool of $62,000
LiteFinance invites to "Forecast for Quotes" contest with a prize pool of $62,000
LiteFinance, a brokerage company, has announced the start of the "Forecast for Quotes" contest, which will be held in demo mode.
The "Forecast for Quotes" contest is arranged as part of the broker's testing of a new service, and participants are invited to bet on the price projection. The top three winners will split a prize pool of $62,000.
During the event, the broker will draw $1,000 every 12 hours for a month, according to the LiteFinance website.
The five participants who have the best account balance at the end of each round will receive: first place - $500, second - $200, third - $100, fourth - $100, and fifth - $100.
In order to participate in the contest, you should go to the Client Profile, fully verify your personal details, switch it to demo mode by pressing the button in the upper right corner, then select the "Quotes Forecasts" tab, then the "Contest" tab, and click on "Participate".
After the contest registration is completed, a contest demo account will be automatically opened for a participant with an initial deposit of $10,000.
To place a price prediction contract, you need to select a trading instrument, enter the contract amount and the expected price change in points, and specify the direction of the price prediction (up or down).
If the participant correctly predicted the price change, the contract will be closed with a profit. Otherwise, if the price reaches the specified level in the opposite direction, the contract is closed with a loss.
LiteFinance is aimed at professional traders and offers innovative solutions for active and passive trading. Today, LiteFinance is an online ECN broker with unique technical solutions for transferring trades to the interbank market and directly to liquidity providers.
Earlier, it was reported that the broker had updated its mobile app for iOS devices.
