OctaFX, a Forex broker out of Saint Vincent and the Grenadines, has always been the top of the line when it came to bonuses and promotions. Their latest promo does not disappoint. The OctaFX Supercharged contest was developed by the same team that brought you the celebrated King of the Road contest and is as electrifying as all their past promotions. Like the others, the current contest is not just a way to make money but is a test of your skills at Forex trading.
OctaFX, with clients in over 100 countries around the world, is well known in the industry for offering live ECN accounts as well as micro accounts. Their low spreads, real-time market execution and true ECN offset are among the top features at OctaFX.
The OctaFX Supercharged real contest began on November 17th, 2014 and will run until May 13th, 2016. It is one of longest running contests in the business and there is no doubt that it offers the absolute best prizes in the industry. The latest contest includes three luxury automobiles, the Tesla Model S, the Smart Fortwo and the Renault Twizy as the top three prizes. Those who don't come in at the top can still try for one of the other prizes which contain a host of Apple products such as the Apple iMac, iPads and iPhones.
For traders who have little patience for long contests, OctaFx also offers a monthly prize of an Apple iPhone 6. These shorter contests begin every four weeks and like the lengthier OctaFX Supercharged real contest they work on the point system. Each profitable trade awards you with contest points. The maximum contest score of 200 points consists of two parts: a maximum 100 Pip points and a maximum of 100 Gain points and each part is calculated differently.
Once you have registered to open a real account with OctaFx (demo accounts don't count) and have deposited a minimum of $150, you can start trading and accumulating points towards the contest. Contestants can open as many accounts as they wish but only new accounts will enable you to participate in the contest.
So go ahead. Open an account and start trading. The Apple iPhone 6 is a great device so go for it. And just maybe, 2016 will find you driving around in a brand new snazzy automobile.
