Deriv, a leading global leader in online trading, expands trading education with the launch of monthly skill-based demo tournaments. The contest is designed to give beginners and experienced traders a safe way to practise in a simulated risk-free environment. Each tournament is free to enter, uses $10,000 in virtual funds, and awards real cash prizes to top performers with no deposit required.
A dedicated contest webpage hosts guides and resources to help participants build repeatable skills such as planning, risk control, and consistency before risking real capital.
“By pairing structured education with competitive practice, we’re helping traders build confidence and discipline before risking real capital,” said Prakash Bhudia, Head of Trading at Deriv. “These tournaments further our mission to democratise access to online trading, making it accessible to anyone, anywhere, and at any time.”
In its first season, the programme attracted over 670 traders from eligible countries. Leaderboards on the contest website reflect objective, skill‑based scoring and transparent rules, giving traders a clear benchmark for progress. No random draws or chance‑based selection methods are used. To receive a prize, participants must have a fully verified Deriv account.
Our 1st place winner Mahmoud shares, “The most notable feature of the tournament is the availability of many trading tools and symbols where I can trade gold, synthetic indices and crypto. The surprise for me was the instant and direct update of the leaderboard moment by moment.”
Tinotenda, our 2nd place winner adds, “The highlight of the competition for me was that competition was a fierce marathon of talented traders, and it really tested my consistency and endurance throughout the 14 days. It was a truly rewarding experience, and i'm looking forward to the next tournament"
Full details, official rules, and terms are available here.
Prizes per monthly tournament
- 1st place: $1,000 (cash prize)
- 2nd place: $600
- 3rd place: $400
How trading tournaments work:
- Free entry; no purchase or deposit necessary
- Each participant receives a $10,000 virtual balance
- Transparent, rules‑based scoring shown on public leaderboards
- Open monthly; see schedule and eligibility on the contest site
Disclaimer: Deriv (SVG) LLC has a registered office at First Floor, SVG Teachers Credit Union Uptown Building, Corner of James and Middle Street, Kingstown P.O., St Vincent and the Grenadines.Participation in this competition takes place entirely within a simulated/demo trading environment using virtual funds. Performance in this competition should not be interpreted as an indication or guarantee of future results with real trading. Real trading involves significant risk, including the possible loss of your invested capital.
Please check tournament dates: contest.deriv.com. Full terms and conditions: contest.deriv.com/pdf/TermsAndConditions.pdf