PlexyTrade Demo Trading Competition - $50 No Deposit Bonus ?
PlexyTrade Demo Trading Competition
PlexyTrade $50 No Deposit Bonus ?
It is important to note that the $50 provided during the contest is not a "No Deposit Bonus." Instead, it is a contest trading account similar to a demo account. This account is used to monitor trader performance during the contest and reflect their rankings on the leaderboard.
Note: During the contest period, all profits are non-withdrawable
How to Participate
Participating in the contest is straightforward:
1. Navigate to the official PlexyTrade website.
2. Existing traders can log in to their dashboard and visit the "Competition" page.
3. Look for the "Titan Challenge December 2024" and register if interested.
- traders see your live $50 Trading Competition account in the main dashboard..
- traders see your live $50 Trading Competition account in the main dashboard..
4. The contest registration closes on 15th December 2024, or earlier if the maximum allocation of 1,500 contest accounts is reached.
Eligibility to Win Rewards and Profit Withdrawal Conditions
To successfully participate, traders must grow their account balance and achieve at least the top 5 positions to qualify for the tradeable rewards.
Reward Distribution
The rewards for the top 5 winners are as follows:
1. 1st Prize: $3,000 credited to a Live Account
2. 2nd Prize: $2,000 credited to a Live Account
3. 3rd Prize: $1,000 credited to a Live Account
4. 4th Prize: $500 credited to a Live Account
5. 5th Prize: $250 credited to a Live Account
Note:
These rewards are credited as tradeable bonuses and cannot be withdrawn directly.
Profit withdrawal from the tradeable bonus is possible only after meeting the following conditions.
The top 5 winners can withdraw profits from their tradeable reward after fulfilling the following requirements:
1. At least 50 closed trades history.
2. A total trading volume of 7 standard lots.
3. Participation for a minimum of 10 active trading days, with at least one trade per day lasting longer than 3 minutes.
Important Consider
Plexttrade The $50 contest Account balance is valid from the contest start date (1st of the month) to the last trading day of the month at 23:00 server time.
- The account comes with fixed leverage of 1:100, a maximum position size per order of 0.10 lots, and allows only one open order at a time.
- Only FX, metals, and indices products are available for trading.
- Registration closes on the 15th of the month or once 1,500 contest accounts have been allocated.
PlexyTrade reserves the right to modify, disqualify participants, or cancel the contest at any time. Interested traders are advised to confirm their eligibility with the support team before participating.