Do you think you have that unbeatable trading system?  

Trading Competition Details

This is not a meaningless Demo contest, this is a live trading competition, where competitors will trade their own, live trading account.  We want to make this forex trading competition as realistic to live trading conditions as possible.  So The Forex Village has teamed up with Lite Forex to offer traders a fantastic trading competition.  First off, you can open an account with LiteForex with as little as $1!!  If you like, you can look at this as an ‘Entry Fee', except that it's your money to trade as you like.   

The competition winner for October was Vikram Pradesh from Mumbai, who made a staggering 164% return on his trading. Well done Vikram!

How Does the Competition Work?

The forex trading competition begins at 00.00GMT on the first trading day of each month and ends at 23.59 GMT on the close of the last trading day of the month. The winner will be determined by calculating the highest percentage gain each month.  All winners will be notified by the 5^th trading day of the following month, and prize money will be sent by either Paypal or wire transfer to the competition winners.

Entry is permitted at any time throughout the month.  Once you have an account, you are automatically entered for all subsequent trading competitions - so as long as you continue to trade, you have a chance of winning!

Why do I need to open a live account?

We want to encourage sensible, thought fuelled trading, not hot-headed risk taking.  By having a live trading competition, we are able to stimulate live trading conditions, not meaningless trading on a demo account.

If we allowed entry to the competition on demo accounts, then there would be nothing to stop a trader from submitting 2 seperate entries under different names, then taking a highly leveraged ‘short' trade with one account, and a ‘long' trade with the other.  Whatever happens to the currency pair in question, the ‘trader' is left with one of his entries having made a spectacular return.

The purpose of the competition is to avoid these problems, and to encourage sensible trading.

How do I enter?

1. Open a trading account with LiteForex.com here.
2. Send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it    with 'Forex Trading Competition' in the subject heading, and setting out your name in the message box.
3. Start Trading!
4. At the end of the month, email a copy of your trading statement for the month to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .  If you wish, you can black out your account number and other personal details- we just need to see the beginning and closing account balances.
5. Winners will be notified by email, asking them their preferred method of receiving their cash prize.

I didn't win last month's competition - can I enter this month's competition?

At the beginning of each month, the slate is wiped clean, and traders have the opportunity to win the following month's competition.  All traders who have already entered a trading competition are automatically entered for the next month's competition - so you have multiple chances of winning!

Why LiteForex?

Forex Village have chosen LiteForex because of the ease of which you can open an account.  You can open an account online, and start trading within minutes. You can also open an account with as little as $1. They also offer ‘no interest' accounts, so that Shariah compliant forex traders within the Muslim trading community can also take part.

Competition rules

Only LiteForex account holders who open their account through the link on this page will be eligible to enter the Forex Village Trading Competition.

The forex trading competition begins at 00.00GMT on the first trading day of each month and ends at 23.59 GMT on the close of the last trading day of the month. The winner will be determined by calculating the highest percentage gain each month. 

The Forex Village reserves the right to extend the trading period, or to stop or suspend the trading competition at any time. 

By entering The Forex Village Forex Trading Competition, all competitors will be added to The Forex Village's free Email Newsletter.  If you don't wish to receive our newsletter, then just reply to the first newsletter you receive by typing ‘Unsubscribe' in the Subject Box.

Entrants in the contest must make a minimum of 10 (ten) trades per month.  Failure to comply with this rule may result in disqualification.

The Forex Village may, in it's sole discretion, reject any competitor's entry at any time.