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Cyprus based forex broker Forex Time announces its first forex demo contest. The first prize is $3000 credit.

FXTM recently won the “Best Newcomer” award by World Finance  For all the details about the competition, here is the official press release:

Forex trading is about to take on an exciting competitive edge as global broker Forex Time Ltd (FXTM) has announced yet another step in the company’s international expansion with the launch of the company’s first forex demo competition, The Forex Factor.

The Forex Factor is especially suited to new traders or those who would like to improve their skills and test their strategies in a risk free environment, while experiencing FXTM’s world class products, top quality services and multi-lingual support.

As FXTM rapidly grows from strength to strength on a global scale, the competition is a great way for novice traders around the world to get to grips with the forex world while honing in on their talent as they give it their best shot in the fun new demo challenge.

The competition, which begins on November 4th 2013, will see one talented trader receive a prize of US$3000 credit in a live FXTM trading account, while a further eight runners up will also be recognised with prizes of trading credit.

The initiative is one which runs in line with the overall company ethos for innovation while always trying to find new ways to engage traders and increase knowledge about what it takes to be successful in forex trading today.

The demo contest is an excellent way for new clients to learn how to use the MT4 platform, come up with a personalised workable trading strategy, and get to know FXTM’s customer centric support and services.
FXTM is fully aware that no one customer is the same, and is dedicated to ensuring that each client’s individual needs and aspirations are catered for.

Olga Rybalkina, CEO of Forex Time said: “From day one, we have stated that Forex Time is here to provide the ultimate trading experience for clients. The launch of The Forex Factor is yet another example of our commitment to traders and the trading experience.”
To participate in The Forex Factor, traders must register by opening a demo account with FXTM between October 15th and November 3rd. From November 4th, FXTM will publish daily updates of the highest performing traders on a leaderboard so participants can keep a close watch on the competition.