ForexBall™ is an international trading competition that is being carried out on Admiral Markets demo accounts. Basically, it is a competition using virtual money that pits forex traders against each other to see who can generate the most profit within a fixed time frame. The top earners get a cash prize with a total prize pool of $60,000!

The ForexBall™ Rounds

There are a total of 4 rounds in the ForexBall™ competition. All 4 are standard rounds in which each of the traders start with $5,000 in demo money and trade whichever currencies they want to make as much money as possible within the round's time limit (schedule). Contestants are broken down into divisions based on the geographical region that they live in and only compete against other contestants in their own division. At the end of each of the standard rounds, the top 5 earners in each division will be declared the winners.

At the end of each round, in addition to receiving prize money, the round's winners will be automatically placed in the "Winners Bracket." After all 4 rounds are completed, there will be a Final Round for all of the contestants who have made it to the Winners Bracket. Out of the thousands of contestants who participate during the entire ForexBall™, no more than 125 will make it to the exclusive Winners Bracket to compete in the Final Round which takes place at the end of the year.

Prizes for the winners of the ForexBall™ rounds

In the standard rounds, there will be 5 winners from each division. The prize money will be distributed between the 5 winners from each division after each standard round ends. The prize money distribution goes as follows:

Prizes for Winners of the Final Round

For the Final Round, only the top 3 winners will receive prize money, with the distribution being as follows:

Registration

Registration is free and there is no risk of losing your own money, only winning ours! You can hop into the middle of a round any time you like so go ahead and register now! From the beginner to the experienced trader, you can use this opportunity to either learn the ropes or show the world that you really are the best trader out there!