ZuluTrade Demo Trading Contest

Introduction

If you are interested in learning more about ZuluTrade, the popular automated signal service, one of the best ways to find out how it actually works is to open a demo account and test it out for yourself.

With a demo account, you can of course use pretend money, so you can subscribe to as many signal providers as you wish without having to worry about losing any of your capital, and you can also enter trades yourself.

ZuluTrade Demo Trading Contest

You now have even more of an incentive to open a demo account with ZuluTrade because they will shortly be running a demo trading contest where you can put your trading skills to the test and compete against other people to see who can generate the most profit.

The contest starts on 5 June 2018 at 13.00 (UTC), so you obviously need to open a demo account and register for the contest before this time, and it will run for one month until 5 July 2018 at 23.59 (UTC).

(This competition has now closed, but I understand that ZuluTrade are planning on running another trading competition sometime during the summer of 2019, so stay tuned for more details).

Prizes

Entrants will start off with a virtual balance of $10,000 (and 1:100 leverage) and the top 3 traders who have the highest ROI at the end of the contest will receive a cash prize:

• 1st prize = $3000
• 2nd prize = $1500
• 3rd prize = $500

If you would like to register for this demo trading contest, you can do so by visiting the official ZuluTrade website and entering your details.

(full terms and conditions can be found here)

Why You Should Join This Contest

I have taken part in a lot of trading contests in the past and they are always a lot of fun, whether they are forex or stock trading contests.

The fact that you are not risking any of your own money is a major benefit because you can afford to use more leverage and go for the big wins.

Indeed because this is a competition based on ROI, you are unlikely to win one of the top prizes by playing it safe, but you never know.

The point is that it is worth taking this competition seriously because unlike many other trading contests, there are real cash prizes at stake here, with a top prize of $3000, so you have nothing to lose by giving it a shot. In fact you could even earn commissions if people start following your signals.

At the very least, you will learn more about ZuluTrade, and will have the benefit of trying out a trading strategy or two during the course of the contest, which may help you in the future if you ever start trading with real money.