OctaFX the pioneer of forex trading introduced an exclusive weekly demo contest for its brokers on 10th October 2015 to take cTrader to a whole new level. This contest is organized by the Octa Markets which is the founding group of OctaFX broker. Interesting thing about this contest is that it is open for traders who have their demo trading account with the broker. However, those who have their demo account can participate just once in the contest.

Features of cTrader Weekly Demo Contest

This contest brings innumerable benefits of working on the cTrader platform, some of them are

· Trading with the help of advanced chart that would allow traders to open and close trades in a seamless manner. In addition to that they can even modify their traders, maximize profits and easily limit the entries of orders with the help of a simple click-drag option.

· The web version of the trading platform provides high speed, transparent pricing and any other feature of cTrader that you always wanted to have on your web browser.

· Level II pricing is yet another amazing aspect that offers a complete range of executable prices that are derived from liquidity providers.

· Creating and saving trade charts becomes a cakewalk because of the templates of the trading platform which allows traders to have their strategies in safe hands so that they can use it in future for both in cAlgo and cTrader too.

The registration for this contest starts from the beginning of every week where anyone can take part in it. There are several prizes awarded to winners, which is categorized as per the position that the trader receives such as 1st place winner gets 150 USD, 2nd place receives 100 USD and 3rd prize is 75 USD.

Trading Conditions in the OctaFX cTrader Weekly Demo Contest

The trading conditions of this contest are quite similar to what you may find in a usual trading account of OctaFX. Common conditions amongst them includes 1:500 leverage, 0.01 lot is the minimum volume & maximum volume is not limited, all EAs trading techniques are allowed and every trading tools essential for ECN trading are part of the contest.

Thus, taking part in this contest can be extremely beneficial for traders, as it would help them know more about cTrader and its associated features. With the contest, beginners can grab an opportunity to practice trading for one week, and then make their move towards a profitable future. After all, who wouldn’t want to make the most of the leading forex broker of Asia Pacific!

Just remember to be a part of the contest you have to open a new demo trading account with the broker, and once you have participated in the contest then you are not allowed to participate again. Though its demerit, but every player has to abide by the rules of the contest or their account remains to be forbidden from it. Hence, if you are looking for a platform to learn everything about cTrader then this might be the opportunity for you.