Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Saturday, 19 September 11:15 (GMT -05:00)

Foreign exchange market

FXTM Launches Forex Marathon For Demo Traders With Real Cash Prize Pool

Summer is vacation time. It also the right time for bright emotions and impressions. Usually, summer isn’t a volatile time for financial markets, with mostly flat markets resulting from decreased trading and investing activity.




At the same time, this is not the best time for those who are just getting their feet wet in Forex trading, even if they would like to gain the required experience gradually, one step at a time, to build a really solid foundation for future success. Still, volatile markets vulnerable to today’s economic and political uncertainty and instability around the world are not the best option for this as well.
Well, this doesn’t mean that you cannot give it a try during summertime. You can always start small or even demo-trade at first to feel the market and to figure out what you are really capable of. Some of the best FX brokers promote the idea of helping beginning traders get comfortable with FX trading. That’s why they often arrange various demo contests with real prizes. Within the scope of this article, we are going to take a closer look at the latest demo trading contest by FXTM. It is called FXTM Trader’s Marathon.


Global Demo Contest by ForexTime


You can join the international community of Forex “athletes” and compete for the chance to win a certain share of the prize pool, which is $6000. The prize pool will be distributed between the top 10 participants of the contest. And the best part of it all is that you don’t have to spend a penny to participate in it. This is a demo trading contest, which means you don’t have to invest any money in it.
Global Competition. Risk-Free Trading. Real Cash Prizes.
This is what the mentioned trading contest is all about.
You start with $100,000 of demo funds and start trading to make you way to the TOP 10. All participants have equal chances to reach the top. On top of that, each and every participant of the FX marathon also get the right to participate in another beneficial promotion by FXTM. The thing is that once you have opened a live account with FXTM and start trading for real cash, you automatically get back $4 for every standard lot you have traded.
Once again, the prize pool is $6000. This is how it is going to be distributed:


Before joining in, we strongly recommend reading the terms and condition in order to avoid any kind of violation and get the prize if you deserve it. For the contest terms and conditions, please go to www.forextime.com/docs/marathon-demo
FXTM Bonuses and Loyalty Programs

Everyone loves bonuses and pleasant gifts. FXTM also has some bonuses and loyalty programs for you.


Loyalty Cashback by FXTM
FXTM rewards are all about real cash, which can be withdrawn, not some shady points or virtual money. The entire cashback system consists of 5 levels and is available for 6 months.
This is how it works:
1.     Register a live account
2.     Join the promotion in MyFXTM, read and accept the Terms & Conditions
3.     Deposit funds
4.     Start trading and receiving cashback on a weekly basis
For the terms and conditions, please go to www.forextime.com/docs/loyalty-cashback
Switch to ForexTime and get $4 per lot traded just for switching!
FXTM representatives say that there are several reasons why so many traders are currently switching to ForexTime.
·      When you switch to FXTM, you start getting back $4 for every standard lot of trading volume you have generated, guaranteed!
·      Next up, all FXTM clients get their money stored in Europe’s most reliable banks. That said, your funds are safe with FXTM.
·      FXTM is a licensed and regulated FX broker. This proves the broker’s honesty and reliability.
·      FXTM offers high leverage - up to 1:1000.
·      ForexTime charges you with very low spreads, which is one of the greatest benefits for intensive intraday traders.
·      FXTM is all about flexibility. You can trade with fixed and floating spreads, some of the lowest ones in the entire FX industry, starting from just 0.1 on ECN accounts and 0.5 on Standard accounts.
·      FXTM offer you a bunch of live accounts tailored to any kind of trader, from rookies to advanced traders. Some of those accounts even offer swap-free trading in several countries.
·      FXTM is all about customer care. The company is serious about employing highly professional staff to make sure the customer enjoys the best experience possible.

Now you can switch to FXTM as well. It is as easy as 1 - 2 - 3:
1. Simply fill out the registration form.
2. Select the 'Switch to FXTM' promo from within MyFXTM.
3. Submit your documents, fund your account and start trading!
For more details, go to http://www.forextime.com/register/switch-to-fxtm/


Good trading!


You are free to discuss this article here:   forum for traders and investors


Add to blog
Got a question? – Ask it here »

How To Get Ready For Bitcoin Boom 2020?

Cryptocurrencies keep on growing in value. If you are going to buy your first coins, this is what you should do first.
Publication date: 30 August 11:27 AM

U.S. Tech Companies Increase Stock Buyback

Publication date: 20 August 06:10 AM

Altcoin Mining Account For Over 30% Of Overall Crypto Mining Consumption

Scientists for the University of Munich urge the regulators to go beyond the BTC scope when it comes to crypto mining affecting the environment. They say that Bitcoin accounts for over 66% of the entire energy consumed by crypto mining, based on the basic algorithms, the current hashing speed, and the mining equipment used, while altcoins account for the rest of it. Consequently, altcoins add almost 50% on top of Bitcoin's energy demand, which in itself may result in considerable damage to the environment.

Publication date: 09 August 11:06 AM

GBP Prospects After BoE's Interest Rate Decision

The United Kingdom's financial authorities have published the information on its money-and-credit policy:
- The interest rate decision: 0,10% (prediction: 0,10%, previously: 0,10%)
- BoE's MPC: votes for interest rate cuts: 0 (previously: 0)
- BoE's MPC: votes for interest rate hikes: 0 (previously: 0) 
- BoE's MPC: votes for keeping the interest rate unchanged: 9 (previously: 9) 
- BoE's total QE: 725 billion pounds (prediction: 725 billion pounds, previously: 725 billion pounds)
Publication date: 06 August 08:32 AM

USA Sponsors Experimental COVID-19 Vaccines

A billion dollars for 100 million dozes of a vaccine that's not create yet. The U.S. Government has already paid for a potential vaccine. This is yet another transaction of that kind. This time, the money was paid to Johnson & Johnson. Apparently, the government has been sponsoring all kinds of experimental vaccines. Basically, Johnson & Johnson is expected to ship 100 million dozes of this vaccine at the price of 10 dollar per doze.

Publication date: 05 August 07:30 AM

Bitcoin Reaches $9500. Will It Drive Crypto Market Rally?

The BTC exchange rate has finally broken free from from the narrowing price range and rallied above $9500 per coin. What's coming next? Will the coin test $10000? If so, will this test be successful?

Publication date: 26 July 10:59 AM

Ethereum and Bitcoin Are Close To 5-Month and 1-Month Highs Respectively

After going out of the triangle in the first half of the trading week, Bitcoin started growing faster on Tuesday and Wednesday, thus gaining over 4% in 2 days and testing 9573 dollars per coin, the highest level in 4 weeks. Still, Thursday's session brought a modest correction down and a move back to 9500 dollars per coin and below. In the broad market of cryptocurrencies, Ethereum is the best performer. It has already gained over 7% over the last 24 hours and is currently testing 270 dollars per coin.
Publication date: 26 July 10:08 AM

China Will Test Digital Yuan On Food Delivery Platform

The People's Bank of China is planning to test the digital yuan by putting it to good use with the help of Meituan Dianping, a Beijing-based food delivery platform. It should be noted that this is a rather popular platform with 435 million active users, processing billions of dollars in transactions on a daily basis. Apparently, this opens big opportunities for mass introduction of the digital yuan, which is also known as the Digital Currency Electronic Payment (DCEP).

Publication date: 23 July 09:57 PM

Japan Will Include CBDC In Its Official Economic Plan

The Japanese government is planning to include the CBDC (Central Bank Digital Currency) in their official economic development plan. The information appeared 10 days after the Bank of Japan announced their plans to experiment with the digital yen in order to figure out what it is capable of in practice.

Publication date: 20 July 02:53 AM

World's Biggest Crypto Scams

In his article on the website called Cointelegraph, Nick Bell described the most famous cryptocurrency scams known. In each fo them, investors collectively lost billions of dollars. The sad thing is, many of those scammers remain unpunished by the law.
Publication date: 17 July 09:14 AM