Formax Demo Trading Contest August 2014

Join the Formax Forex Demo Trading Contest, whether you are a beginner or experienced trader, you can get rewarded with Formax. There’s over $50,000 in prizes to be won.

Formax Demo Contest August Details

Contest Registration Dates: – 2014.08.02 04:00 – 2014.08.23 04:00(GMT+0)

Contest Dates: – 2014.08.03 22:00 – 2014.08.30 02:00(GMT+0)

Contest Joining page Link: Expired

Formax Demo Trading Contest August – Prizes

Prizes Formax demo contest August


  • First prize: Ranking 1;
  • Second prize: Ranking 2-4;
  • Third prize: Ranking 5 -10;
  • Earnings prize: Ranking 11-100;

Formax Demo Trading Contest August – Contest Rules

  1. Contest begins at 2014-08-03 22:00:00(GMT+0) and ends at 2014-08-30 02:00:00(GMT+0).
  2. Each participant must register on the official website of Formax and sign up according to instructions on (
  3. Each participant is limited to one prize per contest.
  4. The starting money of all demo account is the net value at the time of match beginning.
  5. Demo account net funds should not less than 1,000 USD when registered. Once the account is less than 1,000 USD, the system will present whether to simulate add money.
  6. All accounts given 1:100 leverage.
  7. Participants must be at least 18 years old.
  8. Formax holds the right to suspend or terminate the contest at any time.
  9. Formax reserves the right of final interpretation.

Formax Demo Trading Contest August – Prizes payment Terms

  1. The winners’ usernames and trading results will be announced at the end of the contest on
  2. Please apply for the Bonus in the Contest page after it ended, the prize money will be deposited into the winners existing or new real trading account with Formax International Market Limited within 7 days. If a winner does not register a real account with Formax within 7 days, the prize will be rendered invalid.
  3. Please apply for bonus in 7 days after the contest ends, or it will be invalid.
  4. A corresponding number of lots to the reward must be traded within one month, before the funds can be withdrawn. If the number of lots traded does not reach its corresponding level, the prize will be written off. (100 lots need to be traded for $3000, 35 lots for $1000, 16 lots for $500, 5 lots for $100)
  5. Trades should hold at least 10 minutes (hedging positions not allowed), if not the trading lots will be judged invalid.

Source :- Formax

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  1. Earl Pacs says

    Demo contest is always BLESS for new traders who don’t have enough capital to invest. Doing demo trading, we can simply get a bonus prize to start our Live Forex trading. its always good that few brokers offers demo contest for traders. Therefore I find my Top Forex Brokers so easily to get started my trading.

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