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Liteforex’s “Best of the Best” tournament is monthly demo contest with a prize fund of $10000 divided among top 5 winners.

Eligibility:

The contest is available for all new and existing clients of Liteforex with verified Personal Profile.

Dates Available:

The contest runs for the whole year 2019 until further notice.

How To Join:

  1. Register at Liteforex website.
  2. Login to your account and verify your profile.
  3. Head on the contest page and register.

Prize Fund:

The prizes will be divided in the following manner:

Ranking Prize

Prize Allocation

1st $4000
2nd $2500
3rd $1500
4th $1000
5th $1000

General Terms:

  1.  Each participant may register for each current contest only once a month.
  2. Type of account: DEMO ECN. Initial balance: 5000. Leverage: 1:400. Max drawdown: 25% of current balance.
  3. As soon as floating loss exceeds this value all open positions will be closed and account will be disqualified.
  4. EA’s and trading strategies are allowed.
  5. The winners to be selected 3 days after each contest period are the 5 participants with the best Profitability/Risk ratio
  6. Participants whose Risk factor has exceeded 5 during the contest period shall be excluded from the contest.
  7. In case of a tie in ending balance, participant with the least maximum drawdown shown over the contest period will be preferred.
  8. Claim the prize at [email protected] within 2 weeks after the result has been posted.
  9. Prize funds will be credited to a real trading account 3 days after request.
  10. Only winners can claim the prizes to a real account opened by Liteforex.
  11. Prize funds are provided as credits, only the profits can be withdrawn.
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Categories: Forex Bonus

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