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Together with Global Futures Exchange and Trading Co., Inc, Winners Edge Trading will be starting a competition between traders that involves cash prizes. The competition will run between September 19 through 24. The winner will be determined by the highest balance in the demo account. But it isn’t only about winning – it’s about learning.

The goal of this competition is to allow traders to showcase their trading skills and to learn from each other. Different forex traders have different trading approaches. Trading on real time data will provide a great learning opportunity for all participants.

Here’s the official press release:

Latrobe, PA. September 10th, 2010  – WinnersEdgeTrading.com and Global Futures Exchange and Trading Co., Inc. are pleased to announce the launch of an exciting forex trading competition.

The competition will commence on September 19th  2010 and run for 5 days until September 24th 2010. It will involve a simulated trading format, that won’t involve real trading funds, but will otherwise reflect a real trading environment.

There will be a cash prize for the winner of the competition which will be determined based on the highest account balance of all entrants at the end of the trade period.. Although there will be an excellent cash prize, the competition is primarily intended as a light-hearted challenge that allows people to showcase their trading skills or learn from others.

“We are excited to join with Global Futures to present this forex trading competition. We encourage as many people as possible to get involved” said Casey Stubbs from Winners Edge Trading.

“It really should be a lot of fun and it will be interesting to see the different trading approaches that traders might adopt. We have tried to craft a competition that reflects the real environment as accurately as possible. We will be using real-time data and trading the same markets that millions of traders participate in everyday. “ Mr Stubbs explained.

Entry to the competition, and further details, are available by visiting:

http://winnersedgetrading.com/forex-trading-contest/

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