Headway Forex runs a Cryptolympics crypto demo contest where you trade with virtual money and compete for a $2,125 prize pool.
Key facts
- Contest name: Cryptolympics, a crypto trading demo contest.
- Prize pool: $2,125, shared among the top 10 traders.
- Money used: virtual demo funds, so no real cash is at risk.
- Trading starts: June 16, 13:00 MetaTrader server time.
- Trading ends: July 7.
- Results announced: July 9.
- Payout: winners receive money in their platform wallets. It can be traded or withdrawn.
What is the Headway Forex crypto demo contest?
Headway Forex has launched a new crypto trading demo contest. It gives you a risk-free way to practise trading digital coins.
The contest uses virtual money. You do not need to worry about losing real cash. Anyone curious about crypto markets can join, test their skills and compete with others.
Prizes go to top demo traders based on their returns by the end of the contest. So the aim is simple: grow your demo balance as much as you can.
Headway Forex demo contests: regular and unique
Headway has been hosting regular demo contests for several months. This week, it announced a new one called Cryptolympics, with a $2,125 prize pool.
The first demo contest was dedicated to the US presidential election. The guaranteed prize pool was $5,000. Each winner could get 50% on top if they guessed who would win the presidential race. That brought the total prize pool to $7,500.
Since then, Headway has held monthly demo contests dedicated to different trading instruments, such as gold and stocks. Each event has its own twist. The new crypto contest is no exception.
Cryptolympics: a crypto trading demo contest
The rules are simple. Trade crypto, rise to the top of the leaderboard and win real cash.
The top 10 traders will receive prizes from the $2,125 prize pool. The exact prize for each place is listed on the official contest page. Check it there before you join.
Contest dates
- The trading stage is reported to start on June 16, 13:00 MetaTrader server time.
- Contestants have until July 7 to increase their demo account balance.
- The results will be announced on July 9.
How prizes are paid
All winners receive their money in their platform wallets. You can trade it further or withdraw it. Always read the contest rules for any conditions on payouts.
How to join the Headway Forex contest
Registration is done through the official contest page. The steps may change, so follow the instructions shown there.
- Open the official Cryptolympics contest page.
- Read the rules, dates and prize list.
- Register and set up your demo account as instructed.
- Start trading crypto when the trading stage opens.
- Track your place on the leaderboard until the contest ends.
Tips for demo crypto trading
A demo contest is a good place to learn. These habits can help you.
- Have a plan. Decide your entry, exit and position size before you trade.
- Expect big moves. Crypto prices can change fast.
- Do not copy contest risk in real trading. Winning a demo race can reward very bold trades. Those trades can be costly with real money.
- Review your results. Note what worked and what did not.
About Headway
Headwayis an international forex broker. It offers 500+ trading instruments and a wide range of services for traders of all experience levels.
The trading conditions include:
- Swap Free accounts
- Local trading instruments
- Micro lots
- Unlimited leverage
- Deposit bonus
- A minimum deposit of $1
High leverage can magnify losses as well as gains. Check the broker's terms for the exact conditions that apply to your account and any deposit bonus.
For more information, visit https://hw.online/Contacts or email care@hw.site.
More Headway Forex demo contests
Want more practice? See these other Headway events:
- Headway Volatility Masters Forex Demo Trading Contest
- Trade Risk-Free Headway No Limits Free Demo Forex Contest
- Headway Market Kings Forex Demo Trading Contest Entry Guide
FAQ
Do I risk real money in the Headway Forex crypto demo contest?
No. The contest uses virtual money, so you cannot lose real cash while you trade in it.
Can I win real money?
Yes. The top 10 traders share a $2,125 prize pool. Winners get the money in their platform wallets, and it can be traded or withdrawn.
When does Cryptolympics start and end?
Trading is reported to start on June 16 at 13:00 MetaTrader server time. It runs until July 7. Results are announced on July 9.
How is the winner decided?
Prizes go to the top demo traders based on their returns by the end of the contest. Check the official rules for any extra requirements.
Risk warning: trading forex and CFDs is risky, and bonuses and contest prizes come with conditions. Read the full terms before you take part.
