Alpari Forex Demo contests

Alpari Forex contests – demo forex competitions and real accounts contests
The Alpari Forex contest is one of the premier international trading competitions that provide massive monetary gifts to the winners. Basically this Alpari Forex contest has four different competitions. These are
1. Jackpot
2. Formula Fx
3. Full Throttle
4. Virtual Reality

All of these competitions are highly beneficial for the contestants as they offer great prospects to make immense profits. Each competition has its own requirements, goals, duration and monetary prize ranges. Details of each round are given below
1. Jackpot
The jackpot is the most famous competition of the Alpari Forex Contest. The primary goal or objective of this competition is to increase the profit of the winners while having less drawdown. This contest is divided in 4 different rounds. The total duration of this competition is 44 weeks and each round takes exactly 11 weeks to complete. Prizes are awarded to the winners at the end of each round. The total prize of each round has an amount up to 31,120USD. At the end of these four rounds, 25 top contestants are announced to be the winners. The overall all grand monetary prize given to the top winner is that his PAMM account gets filled with 50,000 USD.
The jackpot is the most famous contest among all Alpari traders as it provides an opportunity to earn extra cash not at the end of each round but also at the end of each year. It provides almost more than 170,000 USD in annual cash prizes to its Alpari winner traders. This is the competitive edge of the Jackpot contest.
2. Formula FX
The second competition of the Alpari Forex contest is the Formula Fx. The major goal of this contest is to reap the maximum profit. This is the shortest contest among all other Alpari contests as each round only takes one week to complete. The winners of each round are awarded with 16, 00 USD. These prizes are given at the completion of each round. At the end of this competition , the top 10 contestants are considered to be the winner. As this contest has the minimum duration, the contestant can easily take part again and again during the whole year. This increases their probability to win prizes. All the rules and regulations of Formula FX are quite straight and simple. Even the minimum deposit requirement to have the chance is very low and affordable for all the Alpari Forex Traders.
3. Full Throttle
Full Throttle is considered to be the most interesting competition of the Alpari Forex contest. The major motive of this contest is to make more trading volume during all rounds. The duration of each round lasts for only 2 weeks. At the end of each round, winners get 4,650 USD as their monetary prizes. This contest ends by declaring 10 winners for the grandest prize. The Full Throttle is also known as twist contest as the winner of this contest is not that who earns the maximum returns but that who has the highest trading volume. The contestants have to maintain sustainable trading volume to win in each round of the contest.
4. Virtual Reality
The virtual reality contest is the most unique competition. In the Virtual Reality contest, traders get the opportunity to win the real cash prizes without keeping any of their personal investment or money at risk. Due to this property, this competition is based on the demo accounts of Alpari Forex Traders. This entire competition lasts for 44 weeks. It has 4 weeks and each round takes 11 weeks to finish. The total prizes are awarded at the end of each round that amounts around 5,940 USD. The annual prize is given to the top winners. This prize includes loading the PAMMA accounts of the winners with 10,000 USD. This competition selects 15 top earners as the winners.
The final winners are selected by using three criteria with the help of which final ratings of all traders are calculated. The first preference is to check the percentage of the profits of the traders; the second priority is to analyze the percentage of maximum relative drawdown. Lastly, the third priority is the profit factor of all participants. The contestants who fulfill all these rating criteria are considered to be the winner of the Virtual Reality contest.