Introduction
LiteFinance offers all its traders to take part in the Best of the Best Contest, another worthwhile monthly contest conducted on demo accounts. Its prize fund is $10,000, and with this contest, traders will have every chance to demonstrate their skills while competing for highly prized trading capital as well as with actual market conditions–all risks-free.
What is the Best of the Best Contest by LiteFinance?
The Best of the Best Contest is a monthly demo trading competition for all levels of traders from novice to professional. Participants will trade in real market conditions using demo accounts. They seek the best profitability and the best risk ratio to stand among the top five winners.
Key Details:
Prize Pool: $10,000 in trading capital
Participants: Any verified user of LiteFinance.
The contest will run on the LiteFinance demo trading platform which is user-friendly to use.
Earnings So Far: Awarded funds are for trading purposes, and profits made with these funds are fully withdrawable
How to Enter the Competition?
Open your LiteFinance account
You can complete a simplified application with basic personal information.
Verification
Go through all necessary identity verification procedures to be eligible to participate in the competition.
Join the Competition
Go to the contest section on LiteFinance’s website and register for the Best of the Best Contest.
Trading in the contest
Compete with your demo account, applying your trading strategies to achieve the best profitability/risk ratio.
Why participate in LiteFinance’s Best of the Best Contest?
Risk-free opportunity
The contest is held on a demo account, so the competition will not risk real money.
Traders will receive trading funds for LIVE trading, allowing the chance to raise capital without any initial investment.
Improve Your Skills:
Test your trading methods in a competitive yet safe environment.
Withdrawable Profits:
Profits gained with the awarded trading funds can be withdrawn after meeting the requirements of the respective broker.
How to Win the Best of the Best Contest
Profitability Focus: Come up with strategies to maximize gains yet not influence risks.
Control Risk Exposure: A high risk-to-reward ratio is what brings one the top spot in the competition.
Keep Up to Date: Follow world market news and operate based on clear and relevant information.
Perfect Your Skills: Using a demo trading platform by LiteFinance, gain experience before, during, and after the contest.
Contest Prizes
The $10,000 prize pool is shared between the five most profitable traders with the highest profitability/risk ratio. Winners are credited with actual trading capital to their live trading accounts.
Breakdown of the Prizes
Winner: $4,000
Runner-up: $3,000
Third place: $2,000
Fourth place: $750
Fifth place: $250
Conclusion
LiteFinance’s Best of the Best Contest is an excellent opportunity for traders to compete, learn, and win significant trading funds. Whether you’re a beginner looking to test strategies or an experienced trader aiming for recognition, this contest provides the perfect platform. With a substantial $10,000 prize pool and no financial risk, it’s a chance to advance your trading journey while earning valuable rewards.
To register today, take a shot at becoming the Best of the Best!
Disclaimer
The information presented here is for educational and information purposes only. Trading in forex, CFDs, and cryptocurrencies involves sizeable risks related to the loss of your entire investment. Participation in broker contests, no-deposit bonuses, and trading promotions should be approached with caution. Always read and understand the terms and conditions of any offer before participating.
This material does not constitute an offer, solicitation, or recommendation to engage in any form of trading or investing. Trading carries a high level of risk, including entirely possible losses. You should not rely solely on this material in evaluating the merits of any investment.
Trading with LiteFinance and all advertising of such is subject to jurisdiction-specific terms, conditions, and regulations, which may differ depending on your geographical location. Local laws are applicable. Seek professional advice if necessary.
Trading can involve a tremendous amount of leverage that amplifies both gains and losses. Never trade with money that you cannot afford to lose. Past performance of trading contests or promotions does not guarantee future results.