Videforex runs trading contests where traders compete for cash prizes and bonuses. These contests let you test your trading skills against other participants in real time. Each one has clear rules, a set time frame and a public leaderboard, so you can track your progress as the week unfolds.
This guide walks through how the Videforex trading contest works, from automatic entry and the weekly schedule to trade rules, prizes and the steps for claiming a reward. If you are considering joining, the details below will help you decide and prepare.
How the Videforex Contest Works
Each contest runs over a fixed period. It begins every Sunday at 21:00 GMT and finishes on Friday at 21:00 GMT. Because the window is set in advance, you know exactly when your trades start counting and when the final ranking is taken.
Entry Is Automatic
You do not need to fill in a separate form to join. Every Videforex trader is entered into the contest automatically. This also means that newer traders are not at a disadvantage when it comes to getting into the competition.
How Winners Are Chosen
Winners are ranked by how many trades they make during the contest period, which is one week. Keep this in mind when you plan your activity: the ranking is based on trade count, so your trading pace matters as much as the outcome of each individual trade.
Contest Prizes
The prize structure rewards the strongest performers at the top of the leaderboard. The top four traders each win $20,000 in cash. Other top performers receive valuable prizes and bonuses.
- Top four traders: $20,000 in cash each
- Other top performers: valuable prizes and bonuses
Your own rank and prize details are shown on the leaderboard, which you can check at any time during the contest.
Trading Rules You Need to Know
The rules are short, but they affect how you should trade during the week. Read them before you place your first trade so you do not lose eligible activity by accident.
- All trades count, whether they win or lose.
- Each trade must be at least $10 to be counted.
- CFD trading volume does not count toward the contest.
Why the Minimum Trade Size Matters
A trade below $10 will not count toward your ranking. If you plan to trade small sizes, check your lot or position settings before you open a position, so that every trade you place is eligible.
Why CFD Volume Is Excluded
Because CFD volume does not count, a trader who relies heavily on CFD products will see less contest activity than expected. Plan your volume around eligible trades only, and keep a record of which positions qualify.
How to Claim Your Prize
Prize Notifications
Winners receive an email with their rank and details about their prize. You can also check your standing on the leaderboard at any time, so you do not have to wait for the email to know where you stand.
Balance Requirements
To claim a prize, your trading net balance must be at least equal to your minimum deposit. Net balance means your own funds and excludes bonuses. Bonus prizes are added to your account only if your previous bonuses do not go over 150% of your total deposits. If you prefer not to receive a bonus, you can refuse it.
| Condition | What It Means |
|---|---|
| Net balance vs. minimum deposit | Must be at least equal to your minimum deposit |
| Net balance definition | Your own funds, not including bonuses |
| Bonus prize eligibility | Previous bonuses must not exceed 150% of total deposits |
| Bonus refusal | Allowed if you prefer not to receive a bonus |
Tips for Taking Part in the Videforex Contest
A contest can add excitement to your trading, but it should not push you into risky decisions. A few habits can help you compete well without losing control of your account.
- Read the rules first. Know the $10 minimum, the CFD exclusion and the schedule before the contest starts.
- Check the leaderboard regularly. Tracking your rank helps you judge whether your activity is on pace.
- Size positions carefully. Competing for rank should not mean taking oversized risks. Review Forex Risk Management: Position Sizing, Stops, and Leverage before you increase your activity.
- Keep your funds in view. Remember that the balance requirement uses your own funds, so track your net balance throughout the week.
- Compare with other contests. You can learn from other formats in our Forex Contests category.
For background on investor protection and fair market conduct, the International Organization of Securities Commissions (IOSCO) publishes information on market regulation that is useful for any trader.
Final Thoughts
The Videforex trading contest offers a structured way to test your skills against other traders. The weekly schedule is clear, entry is automatic, and the rules are straightforward: every trade of at least $10 counts, whether it wins or loses, and CFD volume is excluded. The top four traders each win $20,000, and other top performers receive valuable prizes and bonuses.
Before you join, read the claim conditions, especially the net balance requirement and the 150% bonus limit. With clear rules and sensible risk management, the contest can be a worthwhile addition to your trading routine.
FAQ
How do I enter the Videforex trading contest?
Every Videforex trader is entered automatically, so you do not need to take any extra steps to join.
When does the Videforex contest start and end?
The contest begins every Sunday at 21:00 GMT and finishes on Friday at 21:00 GMT.
How are winners chosen?
Winners are ranked by how many trades they make during the contest period, which runs for one week.
What is the minimum trade size for the contest?
Each trade must be at least $10 to count. All trades count whether they win or lose, but CFD trading volume is excluded.
Can I refuse a bonus prize?
Yes. You can refuse a bonus if you prefer not to receive it.
What balance do I need to claim a prize?
Your trading net balance must be at least equal to your minimum deposit. Net balance means your own funds and does not include bonuses.