🎁 TradingForex.com | Forex Demo Competition


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  • Link: Forex Demo Competition from TradingForex.com

  • Dates: February 11 - March 11, 2013
  • Available to: all

  • To participate: register a demo account

  • Prizes: 1 - $10,000
    2 - $4000
    3 - $1000
  • How to get: achieve the highest rate of return during the contest.

  • Withdrawal: The prize money will be credited on the winners’ trading account. Withdrawal conditions not known.

Comments:

Misbah

February 12, 2013
1

I have signed up to participate in the contest but even today I haven't received any login details to participate in the contest. They got my mobile no & other details but i haven't received any login details. On registeration to contest i got a message, please download & install metatrader on your system & you will receive login details to participate in the contest soon but i am still waiting for login details.

It looks they created this contest only to collect trader's contact details to that later on they can spam them to open real account. My rating: Ridiculously fraud broker. Stay away.


FX Man

February 11, 2013
1

Hi again,

There we are!! With a new information that broker stated just today I can say that it is "A Whole Rubbish" contest in which I ever seen,so I resigned.

1-Winners must deposit 30% of the of the prize amounts within 3 days of the competition ending to be entitled for the prizes
2-To convert credit to balance, for every $5 bonus, 1 lot should be traded. Only converted to balance if the whole amount is traded within 30 days of Initial deposit
3-The prize amount will be removed from the trading account if the volume is not completed within 30 days

What this means? I think it is kind of pure "Exploitation of people"!
1-What it mean! If this is a demo contest,then why we should pay to receive our prize!
2-Who can trade such amount for just 30 days? For just 1000 you have to trade about 200 lot in 30 days.(22 trading days). Is it really possible!!!?

Dear FX Bonus, IMHO we really need a topic for fraud broker like this who always change the rules time to time.
I am here in this excellent site, for showing this frauds to community. It is a battle for me,cause many liar brokers like this defrauded me. I wana show the reality for my friends. So, Stay With US!!
Regards


Alexandr

February 11, 2013
2

in this contest must submit their 30% of the prize, a bonus of subsidence is not involved, only enlarge shoulder their lost your deposit bonus prize is removed, is it worth the time to spend is up to you


Trader

February 11, 2013

crap and waste of time effort contest... if you won, you will have to make a deposit 30% of the prize amount within 3 days to be eligible for the prize. and also lots of credit conversion condition blah blah blah.... just a waste of time and effort


FX Man

February 11, 2013
1

I participated but somethings suspicious tell me they never pay reward or profit of it:

1-Look at the terms and conditions! there is nothing except some brief lines!
2- Withdrawal conditions not known( They do not know how do it :)) )
3-Look at the site. Is it really look like a reliable broker?
4-Look at the size of prize! I do not know any broker whom be such generous in giving prize (except IronFX.com, whose winner are their own experts:)) )
5-There is no ranking and any transparency in the contest (I think it is the most important thing for disqualifying a contest)

Regards





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