Headway Announces DEMOcracy Contest Winners

Headway has named the winners of its DEMOcracy Contest, a demo contest on the U.S. election. See the top 10 prizes and how the bonus worked.

Headway Announces DEMOcracy Contest Winners

Headway has named the winners of its DEMOcracy Contest, a demo contest on the U.S. election. See the top 10 prizes and how the bonus worked.

Key facts

  • Contest type: demo account contest linked to the U.S. presidential election.
  • Main prize pool: $5,000, shared among the top 10 traders.
  • Bonus twist: winners who picked the right candidate got a 50% bonus on their winnings, so the potential total was $7,500.
  • Pick that won: Donald Trump. Over 77% of participants backed Team Trump.
  • Total awarded: $7,350 out of $7,500.
  • Status: finished. Headway says new demo contests are coming.

Risk warning: trading forex and CFDs is risky, and you can lose money. Bonuses and contest prizes come with conditions, so read the broker's terms first.

What was the DEMOcracy Contest?

The forex broker Headway launched the DEMOcracy Contest the month before the U.S. presidential election. It was an innovative demo contest built around the vote. Now that the election result is known, Headway has revealed the winners.

Because it ran on demo accounts, traders competed with virtual funds. This made it a low-risk way to practise and compete for prizes.

DEMOcracy Contest rules and prizes

On the surface, the DEMOcracy Contest rules were simple. Traders used a demo account and fought for a place in the top 10. All winners shared a main prize of $5,000.

The candidate twist

Headway added an interesting twist. After joining the contest, participants chose their candidate: Donald Trump or Kamala Harris.

Winners who correctly guessed the election winner would receive a 50% bonus on their winnings. This raised the total potential prize pool to $7,500.

Trump or Harris: how did Headway traders vote?

Once the election results were announced, Headway shared the list of the top 10 traders. Out of tens of thousands of participants, over 77% chose Team Trump. This group included eight of the winners.

The Republican candidate won the presidential race. So the eight winners who backed him also received the 50% bonus.

Headway democracy contest winners: final breakdown

Here is the final list for the top 10. Names are partly hidden, as published by Headway.

  1. L***** S***** – $2000 + $1000 bonus
  2. M***** C***** – $1000 + $500 bonus
  3. M***** H***** Z***** – $700 + $350 bonus
  4. S***** K***** N***** – $400 + $200 bonus
  5. S***** N***** M***** – $150
  6. N***** J***** I***** – $150 + $75 bonus
  7. B***** S***** K***** – $150 + $75 bonus
  8. S***** H***** – $150 + $75 bonus
  9. K***** K***** – $150 + $75 bonus
  10. E***** A***** – $150

Two winners, in 5th and 10th place, received no bonus. The list shows only their $150 prize.

“The month leading up to the election, we made sure to provide our clients with the latest market insight on the presidential race,” says Dmitrij Molina, Headway’s market analyst. “It’s rewarding to see that it helped our clients analyze the U.S. political and economic landscapes and make the right choice.”

In the end, Headway awarded $7,350 out of the total $7,500 prize pool. The broker describes the DEMOcracy Contest as one of the most rewarding demo contests for traders.

What to learn from this contest

Demo contests let you test a strategy without risking your own money. They also show how a broker runs its promotions. Before you join any contest, check these points:

  • How winners are ranked and how many places get prizes.
  • Whether prizes or bonuses have withdrawal or trading conditions.
  • Any country or account restrictions.
  • The start and end dates.

Always read the official contest terms on the broker's website. Do not rely on a news summary alone.

New demo contests are coming

With the DEMOcracy Contest concluded, Headway urges traders to stay tuned. The broker will soon launch new demo contests with unique trading conditions and exciting prizes.

Follow Headway’s social media accounts to be the first to learn about upcoming demo contests.

You can also read about other Headway contests on our site:

About Headway

Headway is an international Forex broker offering 500+ trading instruments and a wide range of services to traders of all experience levels. The trading conditions include: Swap Free accounts, local trading instruments, micro lots, unlimited leverage, and a minimum deposit of $1. For more information, visit https://hw-idn.com/.

FAQ

What was the DEMOcracy Contest?

It was a Headway demo contest tied to the U.S. presidential election. Traders competed on demo accounts for a place in the top 10 and a share of the prize pool.

How much did the winners receive?

The main prize pool was $5,000. Eight winners also got a 50% bonus for picking the election winner. Headway awarded $7,350 in total out of a possible $7,500.

Who won first place?

The first-place winner, shown as L***** S*****, received $2000 plus a $1000 bonus. Headway published only partly hidden names.

Can I still join the contest?

No, this contest has ended. Headway says new demo contests will launch soon. Check the broker's official channels for dates and rules.

Contacts

Ivan Moroz, PR Manager

i.moroz@hw.site

care@hw.site

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