Forex Contests: Earn Money from Forex Trading without Investing
Do you want to make money from forex trading without putting your own money at risk?
If yes, it’s time for you to try your hands at the forex trading contest!
It is a golden chance for beginners to make easy and quick money. All you need to do is use virtual accounts to enjoy the real experience of forex trading and win real money.
If you want to learn more about forex contexts and how to participate in them, follow this guide.
What is a Forex Trading Contest?
As the name goes, it is a contest held by Traders Union, where you can participate in forex trading on demo accounts. There is no need to invest any money as you are trading on virtual accounts provided by brokers.
However, if you win the contest, you will get real-money prizes, unlike the zulutrade scam which false promises the trades.. The best thing about this contest is that it gives you an opportunity to learn forex trading and put your skills and strategies into use. On top of that, it also helps you to win real money without making any deposits.
On the Traders Union website, you will find various monthly contests to participate in. You will get all the up-to-date information about contests, prize funds, and current status.
These tournaments are specially organized for novice traders. Beginners from all around the world participate in these competitions to try their luck and improve their trading performance.
In order to win the contest, you need to earn as much money as possible by trading forex on your demo account. The top ten traders who make more money than others will be eligible for the real-money prize.
How to Participate in a Forex Contest?
If you want to win real money from trading without investing any capital, this contest is perfect for you. Here are the steps you need to follow in order to participate in these contests.
- Step 1: Register at Traders Union
The first thing you need to do is visit Traders Union websites and register your account. All you need to do is enter your email id and select a password.
- Step 2: Log in
Once you are done with registration, you need to use the account credentials to log in to your Traders Union account.
- Step 3: Register with Broker
Now, you need to select a broker from the list of brokers. Make sure you consider important factors when choosing a broker. After that, you need to visit the broker’s website and register your account with them.
- Step 4: Install MetaTrader4
In this step, you need to download and install MetaTrader4 on your device. You need to use it for forex trading.
- Step 5: Traders Contest
Now, you need to go to your personal office to check the contest. You need to click on Traders Contest to check the list of all the available contests.
- Step 6: Select Contest
Once you check all the available contests, you need to choose one. After that, you need to enter details like the dealing center, number of trading accounts and password.
- Step 7: Trade
Lastly, you can use the demo account for forex trading. You just need to tap on participate and start trading for free. If you are from the top 10 winners, the real money will be credited to your actual account.
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