Deriv don launch monthly, skill-based demo trading tournaments to speed up trader education
Deriv, one of di leading global names for online trading, don expand trading education wit di launch of monthly skill-based demo tournaments. Di contest na to give beginners and experienced traders safe way to practise for simulated environment wey no get risk. Entry for each tournament na free, e dey use $10,000 virtual funds, and e dey give real cash prizes to di top performers without any deposit requirement.
One dedicated contest webpage get guides and resources wey go help participants build skills wey dem fit use again and again, like planning, risk control, and consistency, before dem put real capital at risk.
“As we combine structured education wit competitive practice, we dey help traders build confidence and discipline before dem put real capital at risk,” tok Prakash Bhudia, Head of Trading at Deriv. “Dis tournaments dey help us push our mission forward to make access to online trading available to everybody, anywhere, and at any time.”
For di first season, di programme attract more than 670 traders from eligible countries. Leaderboards for di contest website dey show objective, skill-based scoring and transparent rules, wey give traders clear benchmark to measure dia progress. Dem no dey use random draws or chance-based selection methods. To receive prize, participants must get Deriv account wey dem don fully verify.
Our 1st place winner Mahmoud share say, “Di feature wey stand out pass for dis tournament na say plenty trading tools and symbols dey available, wia I fit trade gold, synthetic indices and Cryptocurrency. Di surprise for me na di instant and direct update of di leaderboard moment by moment.”
Tinotenda, our 2nd place winner, add say, “Di highlight of di contest for me na say di contest bin be fierce marathon of talented traders, and e really test my consistency and endurance throughout di 14 days. E bin be one truly rewarding experience, and I dey look forward to di next tournament.”
Full details, official rules, and terms dey available here.
Prizes for each monthly tournament
- 1st place: $1,000 (cash prize)
- 2nd place: $600
- 3rd place: $400
How trading tournaments dey work:
- Entry na free; you no need buy anything or make deposit.
- Each participant go receive $10,000 virtual balance
- Transparent, rules-based scoring wey dem dey show for public leaderboards
- Di contest dey open every month; check di schedule and eligibility for di contest site.
Disclaimer: Deriv (SVG) LLC get registered office for First Floor, SVG Teachers Credit Union Uptown Building, Corner of James and Middle Street, Kingstown P.O., St Vincent and the Grenadines. Participation for dis contest dey happen completely inside simulated/demo trading environment wey dey use virtual funds. Make you no interpret performance for dis contest as indication or guarantee of future results for real trading. Real trading carry serious risk, including say you fit lose some or all di capital wey you put.
Make you check tournament dates: contest.deriv.com. Full terms and conditions: contest.deriv.com/pdf/TermsAndConditions.pdf
