4 Forex Trading Contests for Different Kinds of Traders

Feeling the need to get your competitive juices flowing? I found four forex trading contests suitable for almost all types of traders! Which one of these is for you?

1. Traders’ Marathon by LiteForex

If you feel that you can out-day trade and swing trade your forex peers, then this contest is for you! Each month, the LiteForex Group of Companies distributes $5,600 to the top 20 traders who make the biggest return on their investments.

Interested traders can register from the 1st to the 14th of each month, and then trade for the next two weeks of the month. For more information, you can check out the guidelines and other contest regulations.

Before you trade to your hearts’ content though, you should know that BabyPips.com is not affiliated with LiteForex or its group of companies. I just like to pass information around, you know?

2. Automated Trading Championship by MetaQuotes

Robo-traders, unite! If you think that your automated trading system is the best in the forex block, then this contest is for you!

In its effort to promote automated trading and its new MQL5 programming language, MetaQuotes Software Corp. and its peers are launching another battle of the trading robots.

Registration for the automated trading contest, where an estimated 300 traders will compete for the prize of $80,000, is until September 23 this year. Interested? Again, BabyPips.com is not affiliated with MetaQuotes and its cosponsors.

3. Trade of the Week by BabyPips.com

We here at BabyPips.com also support the spirit of competition, which is why we put up our very own Trade of the Week contest.

On a weekly basis, pro and amateur traders alike submit their top trade ideas. And because we encourage interaction within our online community of traders, we put the ball in your hands and let you decide which trader takes home the bacon!

There may not be any monetary prize on the line, but entering this contest is a great way to get feedback on your trade ideas. You might even make a few friends along the way!

Feel free to read the rules and regulations of the contest. You can even check out the Trade of the Week Hall of Fame, where we feature past winners.

4. Best Forex Trading System of the Month by BabyPips.com

Do you trade based on signals from a trading system? Why not get the opinion of your forex peers and share your system with the BabyPips.com community? For starters, you can log it in the Best Forex Trading System of the Month forum thread.

Whether your system is purely mechanical or partially discretionary in nature, as long as it’s a forex trading system, it’s welcome! Every month, we put together user-submitted systems and have readers judge which is best.

Throw your system in the mix and get a chance to win the very first Best Forex Trading System of the Month! You may even get a few suggestions from readers that can help you tweak your system to become the Holy Grail that everyone’s been looking for!

  • Brit in Michigan

    The TradersLite have some interesting locations for their offices.

    • Frank

      Such as?