Join the Headway major league demo contest for free, trade $10,000 in virtual funds and compete for real cash prizes in the top 10.
Status: Active. Check Headway's contest page for the current schedule before you join.
Key Facts
- Entry fee: free, no deposit needed
- Account: MT5 demo account with $10,000 in virtual funds
- Leverage on the contest account: up to 1:500
- Winners: the top 10 contestants on the global equity leaderboard
- Prizes: $1,000 for first place, down to $50 for sixth to tenth place ($2,125 in total)
- Payout: real funds credited to the winner's live account wallet, and withdrawable
- To qualify: your final balance must be above $10,000
What Is the Major League Demo Contest?
The Major League Demo Contest lets you test your market analysis and trading strategies in live market conditions. You do not risk your own money.
Each participant receives a free demo account with $10,000 in virtual funds. You then compete on a global equity leaderboard for a share of real cash prizes.
It suits beginners who want practice under competitive pressure. It also suits experienced traders who want to test a strategy without risking capital.
How the ranking works
The leaderboard ranks contestants by account equity. The higher your equity at the end of the contest, the higher your place. Only the top 10 win a prize, and your final balance must be above the $10,000 starting balance to qualify.
How to Join the Major League Demo Contest
- Create a client account on Headway's official website and complete your profile.
- Open the Demo Contests section in your Personal Area, then select "Join Now" for the Major League tournament.
- Headway will provide an MT5 demo account with a $10,000 virtual balance and leverage of up to 1:500.
- Trade during the contest period and aim to grow your account equity.
- Finish among the top 10 contestants to receive a cash prize in your live account wallet.
Complete your profile fully before you join. Then you can find the contest in your Personal Area without delay.
Prizes in the Major League Demo Contest
Ten places win a cash prize. The table below shows the full prize list.
| Place | Prize |
|---|---|
| 1st | $1,000 |
| 2nd | $500 |
| 3rd | $200 |
| 4th | $100 |
| 5th | $75 |
| 6th to 10th | $50 each |
Headway credits prizes as real funds to the winners' live trading account wallets. The funds are withdrawable. Check Headway's terms for the exact payout and withdrawal steps.
Contest Terms and Conditions
- Entry is free. You don't need to deposit money or pay a fee to participate.
- Each registered contestant receives a dedicated MT5 demo account funded with $10,000 in virtual funds.
- The top 10 contestants receive prizes: $1,000 for first place, $500 for second, $200 for third, $100 for fourth, $75 for fifth, and $50 each for sixth through tenth place.
- Headway credits prizes as real funds to winners' live trading account wallets. The funds are withdrawable.
- To qualify for a prize, your final demo account balance must exceed the starting balance of $10,000.
- Registering multiple times with different email addresses or devices, or using proxy or VPN services, is prohibited and may result in disqualification.
- Headway's general demo contest rules and regulatory terms also apply.
In plain terms: join once, use one device and one email, and do not hide your location. Breaking these rules can cost you your prize.
Tips for Trading a Demo Contest
A demo balance feels risk-free, so it is tempting to take very large positions. That can work once, but it often ends in a big loss on the leaderboard.
- Remember that you must finish above $10,000 to qualify for a prize, so protecting your balance matters.
- Set a stop-loss and a position size before each trade.
- Trade a plan you could repeat with real money, not a one-off gamble.
- Keep a short trading journal to see what works.
- Remember that demo results do not show how you will feel when real money is at stake.
Common mistakes to avoid
- Using the full 1:500 leverage just because the money is virtual.
- Joining without reading the contest terms first.
- Opening a second account to "try again". This breaks the rules and may lead to disqualification.
Headway Details
- Regulation: FSCA
- Founded: 2027
- Headquarters: South Africa
- Minimum deposit: $1
- Maximum leverage: Unlimited
- Trading platforms: MT4, MT5, WebTrader, and mobile app
The contest account has its own leverage of up to 1:500. This can differ from the leverage on a live account, so check the account terms before you trade live.
Is the Major League Demo Contest Worth Joining?
For most traders, yes, as long as you treat it as practice. Entry is free, there is no deposit, and you can practise on a real platform. Prizes go to the top 10 only, so a cash win is not guaranteed.
If you like this format, you can also read about other Headway contests such as Headway Volatility Masters Forex Demo Trading Contest and Headway Launches Demo Trading Contest with Real Prizes.
More Headway contest guides: Headway Launches Crypto vs Forex A New Demo Contest, Trade Risk-Free Headway No Limits Free Demo Forex Contest and Headway Forex Broker Crypto Demo Contest Today.
Frequently Asked Questions
Does it cost anything to enter a Headway demo contest?
No. Headway's demo contests are free to enter, and you don't need to make a deposit.
Can I withdraw the cash prizes?
Yes. Headway credits contest prizes as real funds to winners' live account wallets, where they can be withdrawn.
What account and starting balance does the contest provide?
Contestants receive an MT5 demo account with a $10,000 balance and leverage of up to 1:500.
Can I use a VPN or register more than once?
No. Multiple registrations with different emails or devices, and the use of proxy or VPN services, are prohibited. They may lead to disqualification.
Risk warning: trading forex and CFDs is risky, and bonuses and contest prizes come with conditions. The promotion is shared for informational purposes only and isn't financial advice.
