Join the Headway trade synthetic demo contest to trade synthetic pairs risk-free and compete for a share of a $2,125 prize pool.
Joining link: Trade Synthetic Demo Contest
Risk warning: trading forex and CFDs is risky, and bonuses come with conditions. Always read the broker's terms before you claim anything.
Key facts
- Contest: Headway Trade Synthetic Forex Demo Contest
- Trading period: August 18 to August 31
- Account: Standard MT5 demo account with a $10,000 initial balance
- Leverage: 1:500 for all participants
- Instrument: synthetic pairs
- Prize pool: $2,125, shared by ten winners
- Extra prize: the top 100 traders receive a promo code for a 70% deposit bonus
- Cost: a demo account uses no real money
What is the trade synthetic demo contest?
This is a pure technical trading competition. It is independent from economic events, so news releases do not drive the result.
The contest uses synthetic pairs. These are special trading instruments. Mathematical algorithms set their price movements, volatility and basically all market specifications.
That makes the trade synthetic demo contest a test of technical analysis. If you like reading charts, patterns and indicators, it is a good place to practise.
Who is this contest for?
The trade synthetic demo contest suits traders who prefer charts over news. It also works for beginners who want to try a new instrument with no financial risk.
If you trade news events, you may find this format different. Prices here follow algorithms, not headlines. Treat it as a chance to sharpen your technical skills.
Why join a demo contest?
A demo contest lets you try a new instrument without risking your own money. You can test a strategy, learn how synthetic pairs move and see how you rank against other traders.
Keep in mind that demo results are not the same as live results. Real trading adds emotions, slippage and real losses.
How to join the Headway trade synthetic demo contest
Joining takes only a few steps. You can also use the joining link at the top of this page.
1. Register for the contest
Go to the contest's page in your Personal Area and click Join. If you use the Headway mobile app, you will need to update it first.
2. Trade synthetic pairs
From August 18 to August 31, use a special demo account to trade synthetic pairs. All participants have the same setup. It is a Standard MT5 demo account with a $10,000 initial balance and 1:500 leverage.
Because everyone starts equal, results depend on your skill and risk control. Plan your entries, exits and position sizes before you start.
3. Win your prize
Show your trading skills and become one of ten winners who share the $2,125 prize pool. There is also an extra reward. Become one of the 100 top traders and receive a promo code for a 70% deposit bonus.
Prize table
| Place | Prize |
|---|---|
| 1st place | $1000 |
| 2nd place | $500 |
| 3rd place | $200 |
| 4th place | $100 |
| 5th place | $75 |
| 6th–10th places | $50 |
The 70% deposit bonus promo code is a separate reward for the top 100 traders. Check the broker's terms for the exact conditions, such as minimum deposit and withdrawal rules.
Also check the contest rules for how traders are ranked. Knowing the ranking method helps you choose a sensible strategy.
Tips for the trade synthetic demo contest
- Study how synthetic pairs behave before the trading stage starts.
- Do not use maximum leverage on every trade. 1:500 can cause big swings, even on a demo account.
- Set a stop loss and stick to your plan.
- Track your trades so you can learn from mistakes.
- Treat the demo balance as if it were real money.
A steady approach is often safer than one big gamble. Even so, a demo ranking does not guarantee you will do well with a live account.
Sign up for Headway Trade Synthetic now
Go to your Personal Area and sign up for the contest. Headway says it will notify you when the trading stage begins. Use the joining link above to get started.
If you have any questions, contact Headway Customer Care in the live chat on the website or at care@hw.site.
More Headway demo contests
Want more practice? You can also read about the Headway Volatility Masters Forex Demo Trading Contest, the Mzansi Trading Kings Demo Contest Guide from Headway and the Headway Crypto vs Forex demo contest.
More choices: Win Cash in the Headway Exotic Pairs Demo Contest, Headway Forex Broker Crypto Demo Contest Today and Enter the Headway Broker Forex Demo Trading Contest.
FAQ
When does the trading stage run?
The trading stage runs from August 18 to August 31. Headway says it will notify registered users when trading begins.
What account do I trade on?
All participants get the same setup: a Standard MT5 demo account with a $10,000 initial balance and 1:500 leverage.
How many people win prizes?
Ten traders share the $2,125 prize pool. The first place prize is $1000. In addition, the top 100 traders receive a promo code for a 70% deposit bonus.
Do I need to deposit money to join?
The contest uses a demo account, so it does not use real money. Any deposit bonus from the promo code would need a real deposit, and it has its own terms. Read them carefully before you decide.
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Reminder: trading forex and CFDs is risky, and bonuses come with conditions.
