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Contests Frequently Asked Questions (F.A.Q.)
Updated over 4 months ago

This article is not intended for residents of the European Economic Area or the United Kingdom.

Trading Contests allow you to trade for free, compete with other participants and win real prizes for your live trading accounts.

All of our trading contests are pre-funded, allowing you to test your skills risk-free.

Who can participate in Contests?

Contests are available for anyone who wants to participate. To get started, simply register a free account on PrimeXBT.

How can I join a contest?

Go to the 'Contests' section of your account to choose a contest you want to participate in. Click here for a step by step guide.

Do I have to make a deposit to join a contest?

Our trading contests are absolutely free and do not require a deposit. Upon joining a contest, all participants get a new pre-funded trading account.

Can I participate in several contests at the same time?

Yes, you can compete in multiple contests at once.

Is there a limit to the number of contests I can join?

No, you can join as many contests as you want.

However, each contest has a limit on the number of participants. If the limit is reached, new participants cannot join.

Can I re-join a contest to start with a fresh trading account balance?

Once you've joined a contest, you can't leave it or reset the trading account balance.

Are Contests available on PrimeXBT apps for iOS / Android?

At the moment Contests are available only on the desktop or mobile web-based versions of the platform.

Can I use MT4 or MT5 in the Contests module?

Currently the integration of MT4 or MT5 is unavailable on the platform.

Can I use a high frequency trading software or a trading bots?

No. High frequency trading software and trading bots are prohibited. Contest participants using such software will be disqualified. You can read the full terms on our T&Cs page.

What trading fees, leverage and margin requirements apply to Contests account?

Trading fees, leverage and margin requirements are identical to live trading accounts. Click on 'Fees and Conditions' from the Account dropdown menu to review contract specifications for each asset.

What are the qualification requirements to win a contest?

Turnover and Number of trades are the basic contest qualifications you need to meet to become eligible to win a prize.

You can click the 'View' button for each contest on the 'All Contests' page to review the full list of qualification requirements

Can I submit my live or Copy Trading accounts to participate in a contest?

No. Only your contest accounts are included in the final leaderboard ranking.

I had open positions when a contest ended. Will they count towards my total profit %?

Yes. Profit from all open positions is included in the final total profit when a contest ends.

I had the best ROI% in a contest, but still didn’t receive a prize!

You must complete all qualification requirements to become eligible to win a prize. If you haven't met one of the requirements, a prize cannot be provided.

I won a contest but didn't receive my prize. When will I receive it?

Once the contest results are finalised, your reward will be provided by email within 1-2 business days.

Can I withdraw the prize I won in a contest?

Prizes for winning a contest are issued as promo codes, and cannot be withdrawn from the platform. However you can withdraw any profits made by trading with this bonus.

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