HeroFX Demo Trading Contest
Participate in our demo contest for your chance to win real trading capital!
Join for free and compete 100% risk-free.
Current Round
Ends in:
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When a round ends, its final ranking moves to the Hall of Fame.
📆 Duration
1 week — Sun. 5PM to Fri. 5PM (ET)
New round every 2 weeks.
💻 Platforms
TradeLocker
MetaTrader 5
🔑 How to join
- 1Sign up for a free HeroFX account.
- 2Open the demo account “Demo Contest” in your backoffice.
- 3Receive a $10,000 demo balance automatically.
- 4Trade during the active contest week.
📝 Notes
🔁 You’ll use the same demo contest account for every round.
💰 The balance is automatically reset to $10,000 before each round begins.
💸 Prizes — Hero10X Accounts
1st Place
$5,000
2nd Place
$2,500
3rd Place
$1,000
4th – 10th
$500
Prizes are awarded as Hero10X trading capital.
📊 Ranking Method
All participants start with a balance of $10,000. Your rank is based on the percentage gain in equity.
Equity $11,000 → 10% Gain
Equity $50,000 → 400% Gain
Equity $9,000 → 0% Gain*
*Only positive performance is shown.
Most Asked Questions
8 articles
Who is eligible to participate?
The demo contest is open to new and existing clients. No deposit is required to join. Note: One Demo Contest account per person. Creating multiple accounts (e.g., with different emails) or participating with more than one account is not allowed and may lead to disqualification.
What trading account can I use for the contest?
Only the “Demo Contest” account is eligible. You find it in the HeroFX Backoffice. You’ll use the same demo contest account for every contest round. The balance is automatically reset to $10,000 before each round begins.
Do I need to register in advance to participate?
No registration is required in advance. Each contest round runs for 1 trading week - simply start trading on your demo contest account anytime during the round to join.
When does the next round start?
The next round start date is always displayed on the website and on the Leaderboard. Additionally, we will announce it on our Instagram. The contest frequency is bi-weekly (1 week competition, 1 week pause, etc.).
Where can I find my competition rank?
You can view your current rank on the Leaderboard displayed under the tab “Current Round”. Just look for your trading account ID or masked email using the filter to see your ranking position.
How are winners determined?
The top 10 participants with the highest percentage gains on their demo trading accounts by the end of the contest week will be declared winners. Prizes are awarded based on ranking.
How will I receive my prize?
Your Hero10X account will be credited to your HeroFX Backoffice automatically within a few days after the contest week ends, with the trading capital based on your final position on the leaderboard.
Why is trading disabled on my contest account?
Trading on the “Demo Contest” account is only enabled during an active round. If you get "trading disabled" error message in TradeLocker or MT5, its because there is no active contest round.
Participation
5 articles
Who is eligible to participate?
The demo contest is open to new and existing clients. No deposit is required to join. Note: One Demo Contest account per person. Creating multiple accounts (e.g., with different emails) or participating with more than one account is not allowed and may lead to disqualification.
Do I need to do KYC or Deposit to participate?
No. But for receiving the Prize you will need to be KYC verified.
What trading account can I use for the contest?
Only the “Demo Contest” account is eligible. You find it in the HeroFX Backoffice. You’ll use the same demo contest account for every round. The balance is automatically reset to $10,000 before each round begins.
Do I need to register in advance to participate?
No registration is required in advance. Each contest round runs for 1 week - simply start trading on your demo contest account anytime during the round to join.
Can I join mid-round?
Yes. You can start trading anytime during the active week. Earlier entry simply gives you more trading time.
Round Schedule
2 articles
When does the next round start?
The next round start date is always displayed on the website and on the Leaderboard. Additionally, we will announce it on our Instagram. The contest frequency is bi-weekly (1 week competition, 1 week pause, etc.).
What is the duration of each round?
1 week, Sunday 5PM EST to Friday 5PM EST. After each round, there will be 1 week pause, before the next round starts again at Sunday 5PM EST.
Contest Account
4 articles
What trading account can I use for the contest?
Only the “Demo Contest” account is eligible. You find it in the HeroFX Backoffice. https://portal.herofx.co/create-account/demo . You’ll use the same demo contest account for every contest round. The balance is automatically reset to $10,000 before each round begins.
Can I use my contest account in another rounds?
Yes! You’ll use the same demo contest account for every round. The balance is automatically reset to $10,000 before each round begins.
Why is trading disabled on my contest account?
Trading on the “Demo Contest” account is only enabled during an active round. If you get "trading disabled" error message in TradeLocker or MT5, its due to there is no active contest round.
Can I join mid-round?
Yes. You can start trading anytime during the active week. Earlier entry simply gives you more trading time.
Trading Rules / Conditions
3 articles
Which Trading Platform can I trade on?
U.S. clients will participate using TradeLocker, while non-U.S. clients will trade on MetaTrader 5.
What are the trading conditions?
Standard Spreads, Zero Commission. Each Contest account has the same trading conditions.
What trading techniques are allowed?
Manual trading only. Any fair, market-conforming strategy is allowed, but orders must be placed by you (no EAs/bots, trade copiers, APIs or scripts). Arbitrage, quote abuse, or coordinated/group trading leads to disqualification.
Ranking
2 articles
Where can I find my contest rank?
You can view your current rank on the Leaderboard displayed on this page (“Current Round”) or inside your HeroFX Backoffice. Just look for your trading account ID or masked email in the list to see your rank.
What is the Gain formula used to determine the Ranking?
Gain Formula: ((Equity - 10,000) / 10,000) × 100 = % Gain Examples: • Equity = $11,000 → 10% Gain • Equity = $50,000 → 400% Gain • Equity = $9,000 → 0% Gain
Prizes
5 articles
What are the prizes?
Per round: 1st: $5,000 trading capital 2nd: $2,500 trading capital 3rd: $1,000 trading capital 4th-10th: $500 trading capital each Your prize account is credited to your HeroFX Backoffice after the contest week ends.
How are winners determined?
The top 10 participants with the highest percentage gains on their demo trading accounts by the end of the competition week will be declared winners. Prizes are awarded based on ranking. Gain Formula: ((Equity - 10,000) / 10,000) × 100 = % Gain Examples: • Equity = $11,000 → 10% Gain • Equity = $50,000 → 400% Gain • Equity = $9,000 → 0% Gain
How will I receive my prize?
Your Hero10X account will be credited to your HeroFX Backoffice automatically within a few days after the contest week ends, with the trading capital based on your final position on the leaderboard.
Are the prizes real money?
The prizes are real trading capital on a live trading account. Any profits you generate using the trading capital can be withdrawn instantly via the available withdrawal methods in our Backoffice.
When are winners announced?
After the contest week ends, the final leaderboard will display the winners directly. Additionally, all winners will be featured on our official Instagram channel the day after the contest week ends.