The Admiral Markets holds a weekly contest which serves a great avenue for traders to train and learn more about their trading abilities and adjust them with no risk as it is carried out on MT4 demo accounts.
What makes it famous among traders is that it lets them interact with one another, giving each other the opportunity to share their own ideas and analysis.
Start:Monday 10:00 (London/MetaTrader)
End: Friday 14:00 (London/MetaTrader)
Registration Period: Anytime
Offer is Applicable: New and existing clients
How to Apply: Open a demo account
To win:Achieve to be the highest performing trader
Cash Out: Trade a certain volume to be able to withdraw
Prizes:
1st place – 1,000 USD
2nd place – 500 USD
3rd place – 250 USD
Additional Information: It is open for anyone. The initial capital is $10,000. A participant may join by opening a demo account with the company, but in case of winning, the participant will be required to open a live account.