This live contest run by Alpari happens for 7 days every second week, and there are a huge number of prizes on offer covering a number of different placements. In fact, up to 40 entrants are going to win with the first prize being $250 and working its way down to the person in 20th winning $20. After that, people get bonus trading points as a reward.
With this, if you win cash then you can withdraw it at any point. However, if you win the trading points, then you will have to use them for trading only and they cannot be converted over into cash. Also, you can enter at any point before or during the contest but you can only have one account at any given time.
Contest Date: Check their website for details on the upcoming dates.
How to Apply:
Register for each Faction of the competition you wish to participate
Deposit at least 20 USD / 20 EUR / 20GLD
1st prize – $250 USD | 2nd prize – $200 USD | 3rd prize – $150 USD | 4th prize – $100 USD | 5th prize – $95 USD | 6th prize – 90 USD | 7th prize – 85 USD | 8th prize – 80 USD | 9th prize – 75 USD | 10th prize – 70 USD | 11th prize – 65 USD | 12th prize – 60 USD | 13th Prizes – 55 USD | 14th Prizes – 50 USD | 15th Prizes – 45 USD | 16th Prizes – 40 USD | 17th Prizes – 35 | 18th Prizes – 30 | 19th Prizes – 25 | 20th Prizes – 20
The prizes can be withdrawable without any conditions.