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Thread: Four kind of contests held by Roboforex in a month

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    Four kind of contests held by Roboforex in a month

    Dear friends,

    I am not a new trader, but I want to tell you about my experience regarding roboforex, so that you all would know it better, and understand what I feel about roboforex. I have discussed this matter so many times in my recent discussion in this forum about the contests held by roboforex. Actually I was very much interested to participate in demo contests, so that's why I was seeking some brokers, whom held demo contests, to participate with and win some prizes, I found roboforex with a websites and finally I landed with roboforex broker. That was a recent activity I am telling you, I was the member of this forum year ago, but I forgot about this forum, because I was quite busy with other forums and brokers. But my search finally landed me to roboforex.



    Then I again joined roboforex, I found them very much helpful for all kind of traders, and how can I say about that? you can see in the picture below.

    Attachment 11794

    In the above picture we can see that four kind of contests available for traders to participate, when I landed to this page then I realized that there are four contests held by roboforex and two of them are only one day trading basis, one is monthly and last option contest is weekly.

    I know that you want to correct me that three of them are weekly and one is monthly, that's also true, but two of the contests are available for only 24 hours in a week, that means that in that week, you can trade in that contest only one day. Let me tell you in details. So that all of you know about it.

    Attachment 11795

    As you can see in this picture showing the duration of contest is 24 hours, so this is available for trading for only one day, and in that day a trader will have to make highest ROI to win, and we can see that a lot of traders make more than 800% of capital within a day, that is a big achievement in a single day, that motivates a trader that he can also achieve this goal and win the prize within a single day effort.

    Attachment 11796

    As you can see in this picture that this is a monthly demo contest, in this contest a trader has full 22 days to trade and show his efforts to make highest ROI, but remember, the trader is allowed to open only ten trades with 0.10 lot size, he can not exceed from this volume and trades, within these limitations he will have to prove himself as a good trader, the highest ROI maker will win this contest.

    Attachment 11797

    In this picture you can see that there is a crown, this is for those who can achieve highest volume of trade, as far as I know about this contest, and this contest is available in meta trader 5, not in meta trader 4, so the traders get familiar with meta trader 5 and then they will be able to understand that they can not hedge in this regards, in order to make big lots. there is a trick needed to apply for the sake of highest volume, no matter how much capital is remaining in your account, the highest lot maker will win.

    Attachment 11798

    Another contest held by roboforex, that is one kind of unique demo contest I have ever seen, because most of the brokers don't held contests on options, they always held contest on various varieties of contest with classic trading, though I haven't yet participated in demo option contest, but this is the best for those who don't want to take higher risk and want to trade with limited risk. This contest duration is one week, during this week, you are required to increase rating that you can find in Raffles.

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  2. #11
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    Quote Originally Posted by debian View Post
    Thanks for share , from my experience i never won the demo contest held of roboforex , in most of time when i participated of any kind demo contest i never take lesson cause when at that moment i am just trade as aggressively without care about applying of proper money management . in my mind just prize , prize and prize .
    Just like me, lol. But from my understanding, you can get a prize if you join a demo contest on a regular basis, and you have an agressive system and very high risk - high reward, there are times when the market will be good for you, so the chances of winning is always there, just be patient to wait for that. Because most of the demo contest only compete to make profit as much as possible, so do not care about margin call, there is no chance to win for those who use a low risk strategy.

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    If you lose, be patient. If you win, stay humble

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    Quote Originally Posted by rinaji View Post
    Just like me, lol. But from my understanding, you can get a prize if you join a demo contest on a regular basis, and you have an agressive system and very high risk - high reward, there are times when the market will be good for you, so the chances of winning is always there, just be patient to wait for that. Because most of the demo contest only compete to make profit as much as possible, so do not care about margin call, there is no chance to win for those who use a low risk strategy.
    Well, let me tell you one more thing that you might missed here, usually people lose hopes after two to three times participation in demo contests, and they want any other demo contest where people are not sharp and he can win easily, but today is modern world and sharp minded traders are everywhere, but don't lose hopes, whenever you keep trying with one demo contest, then you will understand several things that you missed in your earlier contest.

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    Quote Originally Posted by mehwishraheel View Post
    Well, let me tell you one more thing that you might missed here, usually people lose hopes after two to three times participation in demo contests, and they want any other demo contest where people are not sharp and he can win easily, but today is modern world and sharp minded traders are everywhere, but don't lose hopes, whenever you keep trying with one demo contest, then you will understand several things that you missed in your earlier contest.
    Yes, many traders take part in demo contest and lose hope after 4/5 tries. But I am one of those traders who don't lose hope. I kept on trying. I already told that in almost each and every week I take part in almost 20-30 demo contests. In some week in increases too. I also dare to take part in real money contest too. I have good record on real money contests. I won around 30% times I took part. And yes I can find traders from different countries are far better then me and they win many.

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    Quote Originally Posted by nkhan2810 View Post
    Yes, many traders take part in demo contest and lose hope after 4/5 tries. But I am one of those traders who don't lose hope. I kept on trying. I already told that in almost each and every week I take part in almost 20-30 demo contests. In some week in increases too. I also dare to take part in real money contest too. I have good record on real money contests. I won around 30% times I took part. And yes I can find traders from different countries are far better then me and they win many.
    That's good to read that you are winning at least 30% of your participation, that is really awesome, but I think you are not dependent upon forex trading, that's why you spend a lot of time in doing demo contests, but I am totally dependent upon forex trading and this is my only way of income, so I can not spend my time to compete others.

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