MultiBank Fast & Furious Trading Contest
Do you want to make some extra money online without spending your own funds? Are you someone who knows anything about trading and wants to take the excitement associated with it to the next level? Then the MultiBank Fast & Furious Trading Contest is definitely for you!
MultiBank’s team of professional traders, who have been operating as a brokerage for more than 14 years now, have decided to expand their reach by this exciting new contest. As it’s only dedicated to the new demo accounts created on the platform, the beginner and somewhat experienced traders alike have the opportunity to take their trading game on the new heights.
And while it’s called a demo contest, don’t let the name fool you: you trade with virtual currency but can win the real money. And we’re talking about a lot of money! So, let’s get right to it.
How to participate?
As we’ve mentioned above, the Fast $ Furious Trading Contest is only available to the new clients who create a demo account on MultiBank’s platform. This is a gesture that’s dedicated to expanding the brand’s customer base while offering them thousands of dollars in reward.
Once you decide to take part in it, you head over to this link and sign up for the “Demo Competition” at the top right corner of the page. Keep in mind that you should definitely provide your real name, email address, phone number, and other credentials. If you fail to do so, the verification algorithm will automatically disqualify you from the contest.
The registration period on the website ends on January 5, 2020. After that, no further applications will be accepted.
Once you create a demo account, you’ll receive an email that contains your user ID and password. Don’t delete this email because the credentials there will become useful when the actual contest begins. Before that, you won’t be able to trade with that account on MultiBank – only after the contest has begun on January 6, 2020, will the account be unlocked. In the meanwhile, you can already download the MetaTrader 4 software that’s necessary for the actual trading.
As for the actual contest, it will begin on January 6 – as mentioned above – and will last until January 31 of the same year. So, you have a good 25 days to win the contest.
How to win and what can you actually win?
So, you have created an account and the contest has started, what now? Now, you have to start trading. As a minimum account fund requirement, you have to have $100,000 on your demo account which then can be used to trade Forex, shares, indices, commodities, etc.
In terms of the number of executions, you have to have at least 1,000 separate lots to qualify for the contest. The highest equity on a demo account will be the main condition for winning. And keep in mind that the maximum leverage of 1:500 will help you make even larger bets and overall trades.
So, once the contest is done on January 31, the top 3 traders with the highest amount of equity on their accounts will qualify for three prizes: $2,000 for the third place, $3,000 for the second, and $10,000 for the winner!
And if you happen to be among those victorious three, you’ll be required to post 2-5 minute video talking about your MultiBank contest experience. After that, your prize will be forever yours! So, don’t procrastinate too much, $10,000 is waiting for you!