CashbackForex Demo Contests – Rules, Login Credentials, Drawdown Limits & Prize Payments

Once you register for a contest, your account login and server details become available immediately, but the trading password remains masked until the contest officially begins. This ensures fair competition by preventing anyone from taking early positions.

To view your password once the round starts, visit the Contests Page, click Contest Description, and locate the My login credentials link.

Our free demo contests are designed for competitive strategy development in an institutional, risk-free setting. Every contest enforces strict technical bounds:

• Leverage: Set between 100:1 and 500:1, depending on the tournament.
• Starting Equity: Typically standardized between $100 and $2,000 demo capital.
• Maximum Drawdown: Dynamic equity drawdown limits are strictly monitored to test risk control.
• Trade Limits: Maximum position counts and volume ceilings encourage prudent risk management.

Drawdown (DD%) is calculated dynamically using a Peak-to-Valley equity model.

Rather than measuring against your initial balance alone, the system recalculates your drawdown threshold whenever your account records a new equity high watermark. The prior peak is retired, meaning open floating losses are constantly measured against your account's peak performance.

To ensure valid, fair competition, trades that breach technical parameters are disqualified from the final ranking calculation:

• Short-Duration Scalping: Winning trades closed under the minimum hold time (typically 10 minutes, per contest rules) are removed.
• Unauthorized Instruments: Trades executed on currency pairs or commodities outside the permitted contest asset list.
• Unfilled Orders: Expired, unfilled, or canceled pending orders are scrubbed from calculation.

Following the final bell of a contest, our compliance team conducts a 5 to 7 business day audit of account trade logs to verify legitimate execution and finalize leaderboard standings.

Once finalized, winners receive an email notification and must complete a brief identity verification call. Verified funds are credited to your profile balance and automatically dispatched to your preferred payout method.

To avoid delays during payout settlement, configure your preferred payment provider (such as PayPal, Skrill, or Crypto) in your user dashboard before the contest ends.

We provide fast crypto disbursements in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). Enter your public wallet address directly into your dashboard settings.

Crucial Check: Ensure that your wallet address and designated network match our payout parameters. Payments transferred to an incompatible network or mistyped address cannot be recovered.