The Alpari live contest runs once every season, and there are a number of different prizes up for grabs. Each contest runs for 3 weeks at a time, and a total of 32 different traders will win a prize. For some, it will be money but for others it will be trading points that is then their reward.
To take part you need an account and to then fund it with $50 to then be entered into the contest. The contest comes in two parts with the first lasting for 2 weeks and the second part for the final week. The first prize is $100 with it then working its way downwards.
Contestants need to choose between bull and bear factions before trading. Also, if you are not participating by the time the first stage closes, then you will not be allowed to take part in the latter part.
Traders in each faction are ranked according to the profit they have made. The top 16 on each faction then face each other in the second part to determine the winner.
Contest Date: Once a season.
Prizes: 1st place $100, 2nd place $70, 3rd place $50, 4th place $30, 5th place $25, 6th place1500 ALP, 7th place 1300 ALP, 8th place 1000 ALP, 9th place 900 ALP, 10th place 800 ALP, 11th place 700 ALP, 12th place 600 ALP, 13th-16th places 500 ALP