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DUKASCOPY BANK TRADING CONTESTS

Dukascopy Bank and Dukascopy Europe offer one of the greatest selections of Trading Contests in the Forex industry. There are Demo and Real Account Contests available, including monthly Trader’s contest, EA contest, Binary Trading contests, social trading contest and many more.

Dukascopy at a Glance

REGULATION: FINMA (Swiss), MIFID (EU)

EXECUTION / LIQUIDITY: ECN / TIER-1 Banks

PLATFORMS: JFOREX, FIX/API, MT4 BRIDGE

SPREADS: Start at 0.2 pip plus $4.8/full traded lot

MINIMUM ACCOUNT: $100 for Dukascopy Europe and $5,000 for Dukascopy Bank

FUND METHODS: Bank Wire, plus Credit / Debit Cards at Dukascopy Europe

 

Dukascopy 30% Rebate for the 1st month of your Live Trading

For those traders wishing to open a Live account with Dukascopy there is a promotion for 30% discount on all commissions paid during the 1st month of trading with Dukascopy Bank or Dukascopy Europe:

Info: » Dukascopy Bank Rebate

Rebate link: » Dukascopy 30% Free Rebate Link

SIX (6) DUKASCOPY CONTESTS

Note that all prizes are awarded in form of deposits to LIVE accounts. These are the best Dukascopy contests:


(1) Dukascopy Trader’s Contest

Simply trade better than other Forex traders in this monthly demo contest.

Type: Demo Contest,

Frequency: Monthly Contest

Prizes: 28,000$ distributed among 30 monthly winners as follows:

1st Position

6,000$

2nd Position

3,500$

3rd Position

2,500$

4th Position

2,000$

5th - 6th Positions

1,500$

7th - 10th Positions

1,000$

11th - 20th Positions

500$

21th - 30th Positions

200$

 

 

(2) Dukascopy Social Trading Contest

Copy the signals of other traders and create the best performing portfolio.

Type: Demo Contest

Frequency: 6-Months Contest

Prizes: The yearly prize fund is 60,000 USD. Prizes are awarded in form of deposits to LIVE accounts. Winners are rewarded as follows:

  • 1st Position - 1,000 USD
  • 2nd Position - 800 USD
  • 3rd Position - 600 USD
  • 4th Position - 400 USD
  • 5th - 10th Position - 200 USD
  • 11th- 20th Position - 100 USD

 

(3) Dukascopy Signal Provider Grand Prix

Show the best long-term trading results.

Type: Demo Contest

Frequency: 6-Months Contest

Prizes: 10 winners with a yearly prize fund of 105,000$. Prizes are awarded in form of deposits to LIVE accounts. There are 2 nominations: 6 months and 12 months. Winners are rewarded as follows:

12-month nomination:

  • 1st Position - 2,000 USD and Trader of the year title
  • 2nd Position - 1,500 USD
  • 3rd Position - 1,000 USD
  • 4th Position - 750 USD
  • 5th Position - 500 USD

6-month nomination:

  • 1st Position - 1,000 USD
  • 2nd Position - 800 USD
  • 3rd Position - 600 USD
  • 4th Position - 400 USD
  • 5th Position - 200 USD

The Formula

The contest’s winners are determined according to their ranking in the 6 and 12 months nominations. The key to winning the contest is high profitability and low average draw-down (below 60%). Here are the ranking formulas:

(i) Average Profitability (%) = (Total P&L / (100,000 * n)) * 100%

-Where n is the number of months in the respective period, including the current one.
(ii) Average draw-down (%) = Sum of draw-downs in the respective contest period / n

-Where n is the number of months of participation in the Trader contest.

» JOIN THE DUKASCOPY CONTEST AND OPEN A LIVE ACCOUNT

 

(4) Daily Stock Options contest

Position trading orders before the opening bell and get results after market’s close. The final ranking is based simply on each trader’s monthly profit.

Type: Demo Contest

Frequency: Monthly Contest

Prizes: The total prize pool is USD 10,000 and there are 15 winners as follows:

  • 1st Position - 3,000 USD
  • 2nd Position - 2,000 USD
  • 3rd Position - 1,000 USD
  • 4th Position - 600 USD
  • 5th Position - 400 USD
  • 6th to 15th Position - 300 USD

 

(5) Dukascopy Binary Options Contest

Trade binary options in a DEMO account for free and get prizes in a LIVE account.

Type: Demo Contest

Frequency: Monthly Contest

Prizes: The total prize pool is USD 10,000 and it is distributed among 15 winners, as follows:

  • 1st Position – 3,000 USD
  • 2nd Position – 2,000 USD
  • 3rd Position – 1,000 USD
  • 4th Position – 600 USD
  • 5th Position – 400 USD
  • 6th to 15th Position – 300 USD

The contest’s ranking is based simply on the monthly sum of daily P&L.

» JOIN THE DUKASCOPY CONTEST AND OPEN A LIVE ACCOUNT

 

(6) Dukascopy Automated Strategy (EA) Contest

Create your own Expert Advisor and challenge other developers. The most efficient automated trading strategy in terms of profitability wins the contest.

Type: Demo Contest

Frequency: Monthly Contest

Prizes: $25 000 are distributed among 15 winners every month, as follows:

1st Position

6,000$

2nd Position

3,500$

3rd Position

2,500$

4th Position

2,000$

5th - 6th Positions

1,500$

7th - 10th Positions

1,000$

11th-15th Positions

800$

» JOIN THE DUKASCOPY CONTEST AND OPEN A LIVE ACCOUNT

 

NOTES:

(1) Prizes are Credited into Trader's Live Account

(2) Prizes can be accumulated by participating in different Dukascopy Contests

(2) The contest winners may withdraw their cash prizes and the profits generated from their cash prizes on their respective sub-accounts after meeting the minimum turnover requirement. The minimum turnover requirement constitutes 2.5 million USD for every 100 USD won in the contest.

 

Dukascopy Contest

WebForex.net

 

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