WikiTrade is a new generation forex demo trading software released by WikiGlobal in 2023.
With the principle of "enjoying easier trading", WikiGlobal aims to promote the development of the forex industry, lower the threshold of forex trading, and allow WikiTrade users to experience the fun of trading with zero risk. WikiTrade gives full play to its role in WikiGlobal's ecological closed-loop “transaction”, providing high-quality security solutions for individual investors, enterprises and government agencies.
In order to give users a better experience of demo trading platform WikiTrade, WikiGlobal holds the first top demo trading contest for global traders. Adhering to the concept of "discovering talented traders and disseminating high-quality trading strategies", and the principles of openness, fairness and impartiality, the contest aims to provide participants with a platform to show their trading talents, while finding out more excellent traders.
Participation is opened to WikiTrade users only, and the same phone number, phone terminal and other circumstances that can reasonably be considered the same user are treated as the same user.
Each natural week is a weekly season, due to the digital currency 7 * 24 hours trading mechanism, the time node takes Singapore time (GMT +8) Sunday 00:00 as the division between weeks.
The monthly ranking is divided according to the natural month of Singapore time.
Participation rules: users open a demo trading and can get 100,000 demo fund, and can carry out demo trading. The specific trading rules are described in the WikiTrade service instructions as follows:
(1)Eligibility: users who open a demo trading or visit the contest page, and successfully open a position this week, are deemed to have signed up for the current weekly contest and participated in the weekly ranking. The weekly contest ranking is based on the performance of this week's rate of return.
(2)Special Reminder: All transactions in this activity are not real transactions and do not constitute any real trading commission relationship, and the funds are not real currency.
Award rules for weekly contest: users who have a positive profitability (more than 0.00%) will be qualified for the award of weekly contest after market closes on the last trading day of current competition, with a completion of the day-end clearing (generally at 00:00, Sunday, subject to the actual time of completion of liquidation). More information about prize money will be showcased on the event page. The more weekly profitability you have, the more money you will win. Participants can win up to 200USDT. 1st prize: 200USDT; 2nd prize: 100USDT; 3rd prize: 50USDT.
The top three winners can collect their prize money within 5 working days according to the following two steps after the contest wraps up.
* The winners need to post their winning screenshots with hashtags including #demotrade #WikiFX on their daily social media platforms.
* Share their winning post with at least 3 friends.
During the contest period, the account can be reset only once, you cannot participate in the ranking if you reset more than once.
During the contest period, participants are prohibited from trading malicious hedging, high-frequency trading, spreads, time-delayed arbitrage, bricklaying, scalping and other violations (the committee may determine whether the participants' trading behavior is illegal or not). Any violators will be banned from the ranking, have their accounts blacked out and given a warning. If violator is founded repeatedly, the participant will be disqualified from participating in the contest.
The ranking is based on the rate of return of each account.
Rate of return = (net value at the end of the week - principal at the beginning of the week)/principal at the beginning of the week
If there is a tie in the ranking of weekly rate of return for this week, the participant who has the higher historical cumulative return will be at front; if the historical cumulative return is also the same, the participant who participate earlier in the current season will be at front. If there is no user with positive rate of return this week, no reward will be awarded this week.
It is prohibited to use this demo trading service and the weekly positive rate of return challenge for gambling activities and other illegal and unlawful behaviors. WikiTrade reserves the right to cancel participation and eligibility for prizes if violations are found before or after the contest, not limited to fraudulent behaviors, gambling, impersonation of another user's identity, etc.
Please avoid incitement to buy and sell transactions, call for the establishment of groups, etc. If such behaviors are founded, WikiTrade has the right to cancel participation and eligibility for prizes.
Within the scope of laws and regulations, WikiTrade may make changes or adjustments to the rules of the contest based on the actual circumstances of the contest, and the relevant changes or adjustments will be posted on the contest page and will take effect according to the law after publication.
This contest is exclusively organized by WikiTrade, and the rules of the contest and all related matters shall be interpreted by WikiTrade, which has the final right to interpret the contest.
This activity is a demo trading, participants will not bear any loss of funds. Trading ranking is only a display of the results of participants, WikiTrade does not make any guarantees on the trading ability of traders.
Who can participate in WikiTrade contests?
WikiTrade does not have any restriction on participants. However, participants are required to read and agree to WikiTrade Terms and Conditions as well as Privacy Policy before participating in any contest.
How to participate in WikiTrade contests?
Users can participate in WikiTrade contests in just 3 simple steps:
(1) Download and install WikiFX APP from AppStore or Google Play Store
(2) Login/Register an account on WikiFX APP
(3) Access “Demo” feature on APP Homepage to participate in the contests
Users can view the timeline of each contest and personal achievement on the APP or on Homepage of this website.
Is WikiTrade suitable for new and inexperienced traders?
WikiTrade is a perfect choice for new traders in the markets thanks to its user-friendly interface design, simple operation and a lot of attractive prizes. Combined with other available trading tools on WikiFX platform, participants can quickly improve their trading skills.
Is WikiTrade safe for traders?
The answer is yes. All personal information of traders is carefully restored by WikiTrade through the absolute security system.
All WikiTrade contests are conducted on a simulated aka demo trading platform, participants do not have to make any deposit or assume any associated financial risk. However, all the transactions of participant are purely based on the participants personal trading strategies, not the subjective recommendations of WikiTrade and WikiTrade does not encourage other traders take it for reference.
Can traders participate in multiple contests at WikiTrade at the same time?
Each trader can participate in one contest at a time with a single account, as long as the deadline of that contest is not over. Do not forget to check the contests’ progress and your personal performance on WikiFX APP.
Is there a fee to participate in WikiTrade contests?
WikiTrade contests are free of charge, participants do not have to pay any fees or make any deposits in any kind of form to join.
- Rank
- User
- Company
- Profitability