Thank you for your interest in the demo trading challenge. Registration is now closed.

  • Sign up through this page before 17th of January 2025 UAE time. 
  • Receive a demo account funded with $5,000 on the 17th of January 2025.
  • Trade on your demo account from the 20th to the 31st of January 2025, completing at least 20 standard lots total with a minimum of 1 standard lot per day.
  • Trade at least 5 different Products.
  • The trader with the highest Profit will secure the funded* account!
  • This competition is only for FX and Metals.
  • The winner will be announced on 7th of February 2025

Submissions Closed!
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Daman Trading

The winner will be announced on the 7th of February!

Have what it takes?

Join the Competition

Competition Duration

  1. Sign up before 17th of January 2025 UAE time.
  2. On the 17th of January, Participants will receive demo accounts funded with $5000.
  3. Demo accounts will be active from the 20th until the end of the day on the 31st of January 2025.
  4. The winner will be announced on 7th of February 2025.

Competition Details

  • Participants must trade a minimum of 20 standard lots on the demo account. And Minimum of 1 standard lot per day.
  • The participant must trade at least 5 different Products.
  • This competition is only for FX and Metals.
  • The participant with the highest profit will win the competition.
  • The winner will be announced on February 7th.
  • The “Close By” method won’t be calculated in the traded positions.

General Conditions 

  • The contest may be modified, suspended, or terminated at any time at the discretion of Daman Markets. 
  • By participating, participants agree to abide by the contest rules and Daman Markets’ terms of service, privacy policy and demo contest terms and conditions. 
  • Any disputes will be resolved by Daman Markets, and its decision will be final and binding. 
  • Participants agree to provide real data during registration. Providing fake data may result in disqualification. 
  • Winners agree to the publication of their names on social media. 
  • Any kind of IP match will be subject to disqualification.  

Prohibited Strategies:

  • No scalping (defined as trades held for less than 2 minutes)
  • No automated trading strategies (EAs or bots).
  • Automated trading systems (EAs), copy trading, and external software are prohibited.
  • Participants must not engage in fraudulent activities, including but not limited to manipulating trades or exploiting platform bugs.
  • Trading Hours: All trades must be opened and closed during active market hours; no trades left open beyond the contest period.
  • Margin Calls: If the account receives a margin call during the contest, it will not lead to disqualification but will impact the overall ranking.
  • Any type of arbitrage trading or abuse with pricing and/or quotes will result in disqualification.
  • Any client registered for more than one account will be disqualified.
  • All trades must be closed before the contest ends. If there are any open trades at the time the contest ends, they will be automatically closed at the current market price. The presence of open trades at the time the contest ends will not result in disqualification.
  • The Company reserves the right to reject or disqualify any participant without explanation. Reasons for disqualification may include:
  • Using failures in the quote flow to secure guaranteed profit.
  • Any other forms of cheating.
  • The participant with the highest profit will win the competition. 

Eligibility

  • You must be at least 18 years old and may need to provide proof of identity and residency. 
    • Participants must not reside in any of the following countries: (Iran, North Korea (DPRK), Myanmar, Afghanistan (Taleban), Syria, Haiti, Congo, Russia, Venezuela, South Sudan, Yemen,      Somalia, Mali, Libya, Kenya, Lebanon, Mozambique, Burundi, Philippines, Guinea-Bissau, Kosovo, Eritrea, Gaza Strip, West Bank (Palestinian)) 
  • Employees or affiliates of Daman Markets are not eligible to participate. 
  • Risk Acknowledgment: You acknowledge the risks associated with CFD trading, recognizing that CFDs are complex instruments and involve a high risk of rapid financial loss. 
  • You have read and understood the Competition’s specific trading rules, including the types of instruments that can be traded (e.g., forex, commodities, indices) and any restrictions on trading strategies 
  • Existing Daman Markets account holders are welcome to participate. 
  • Each participant must register through this landing page announced. 

*Rewards

Prizes and Payouts:  

  • The winners will be announced on 7th of February. 
  • The winner will receive a $5000 live trading account.
  • The winner must complete the onboarding process and submit bank details for profit withdrawals.
  • To withdraw the $5000, the winner must trade a minimum of 200 standard lots within 30 calendar days.
  • If the 200 lot requirement is not met, the winner can only withdraw profits based on the high watermark. (example if he makes $6000 he will be able to withdraw $1000)
  • Lot calculations will include Forex and metals only.
  • Failure to meet the requirements will result in prize forfeiture.