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Raceoption offers Forex $20000 Live Trading Contest for All

It is a Live Trading Contest with a $20,000 prize fund, open to both experienced traders and new traders with free registration. All trading accounts

Raceoption offers Forex $20000 Live Trading Contest for All

Direct link: Raceoption offers Forex $20000 Live Trading Contest for All

It is a Live Trading Contest with a $20,000 prize fund, open to both experienced traders and new traders with free registration. All trading accounts automatically participate, and the top 40 participants each week win prizes.

Joining Link: Forex $20000 Live Trading Contest

The winners are determined depending on the number of trades made within the week. The top four winners will get $20,000 in cash, while others gain reasonable prizes and bonuses. All trades, except CFD trading, count towards the contest with at least a trade size of $10. Participants are notified through email about their rank and prizes, which require a minimum deposit to claim.

Available for: All Traders
Visible for: Limited Time

How to apply for the Trading Contest

Exceptional Forex Trading Competitions terms

  1. Before jumping to the trading conditions you are mentioned to understand the terms and conditions.

Raceoption Forex Broker Information and Broker Details

Max leverage
Leverage up to 1:500
Min. deposit
$50 Minimum Deposit
Min. spread
0.01
Account currencies
EUR, USD, GBP, SEK, DKK, ZAR, NOK, PLN, AUD, AED, CZK and More
Trading platforms
Binary, Forex and CFDs
Deposit / withdraw
BTC, ETH, LTC
Website languages
English
Regulation & registration
Nr. 104038
Other instruments
Over 150
Other promotion
Refer a Friend Bonus
Email, phone, Skype
+18299476393, +442080685335, 3-395-0396, 081-855-7055, +7-499-7033774, support@raceoption.com
Address
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.
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    5.0★★★★★Expert score
    • Min dep.$10
    • Leverage1:2000
    • TypeSTP/ECN/MM
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  7. JustMarkets

    5.0★★★★★Expert score
    • Min dep.$1
    • Leverage1:3000
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Forex Bonus Guide: Types, Rules and How to Pick the Right Offer

A forex bonus is extra trading money or a reward that a broker gives you for opening an account, depositing, trading or joining a promotion. Used well, it lets you test a broker and trade with a bigger cushion. Used carelessly, it ties up your profit behind rules you did not read.

What is a forex bonus?

A forex bonus is an incentive a broker adds to your trading account. Most bonuses arrive as trading credit: it increases your balance or margin so you can open trades, but it is not cash you can withdraw straight away. You turn it into real money by trading a set volume or meeting other conditions.

A smaller group of offers pays cash rewards, such as rebates or contest prizes, which you can usually withdraw once they land in your account. Brokers use bonuses to win new clients and keep active traders, so the terms always favour activity: the more you trade, the more of the bonus or its profit you unlock.

The main types of forex bonus

How forex bonus terms work

Every forex bonus comes with rules. These six decide whether an offer is worth it.

  • Trading volume

    You must trade a required number of lots before the bonus or its profit can be withdrawn.

  • Withdrawal limits

    No deposit bonuses often cap how much profit you can take out.

  • Expiry date

    Unused credit or unmet volume is removed after a set period.

  • Early withdrawal

    Taking money out before you finish the conditions usually cancels the bonus.

  • Banned strategies

    Some brokers exclude scalping, hedging across accounts or arbitrage while a bonus is active.

  • Eligibility

    Offers can be limited by country, account type or one claim per person.

How to choose the best forex bonus

Work through these five checks before you click claim.

  1. Check the broker first

    Read the broker review and regulation before the bonus. A large bonus from a weak broker is not a good deal.

  2. Compare the volume to your style

    If you trade a few lots a month, pick an offer with a low lot requirement.

  3. Look at the full cost

    Wide spreads or commissions can cost more than the bonus is worth.

  4. Read the withdrawal rules

    Know exactly what you can take out, and when.

  5. Start small

    A no deposit bonus is the cheapest way to test execution and support before funding an account.

Common forex bonus mistakes

  • Trading oversized lots to hit the volume target fast, then losing the whole balance.
  • Withdrawing early and losing both the bonus and the profit linked to it.
  • Opening extra accounts to claim the same offer twice, which leads to cancellation.
  • Ignoring the expiry date until the credit disappears.
  • Choosing a broker only because its bonus is the biggest.

Is a forex bonus worth it?

Yes, when the terms match how you trade. A no deposit bonus is worth claiming for almost any new trader, because it costs nothing and shows how a broker really performs. A deposit bonus makes sense once you already plan to fund an account and can meet the volume without forcing trades. Cashback suits anyone who trades often, since it lowers costs on every lot.

Treat every forex bonus as a tool, not free money. Trade with sensible lot sizes, use a stop loss, and read the terms before you claim.

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