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VT Markets King of the Hill Trading Contest 2023-2024

VT Markets proudly proclaims the successful conclusion of its esteemed trading festival, the King of the Hill Trading Contest

VT Markets King of the Hill Trading Contest 2023-2024

Direct link: VT Markets King of the Hill Trading Contest 2023-2024

VT Markets King of the Hill Trading Contest 2023-2024: a crowning success

Sydney, Australia, March 12, 2024 – VT Markets proudly proclaims the successful conclusion of its esteemed trading festival, the King of the Hill Trading Contest, which ran from November 2023 to January 2024. Building upon the momentum of the previous edition, this latest illustrious contest not only captivated the global trading fraternity but also set new standards of excellence and international camaraderie.

The King of the Hill Trading Contest 2023-2024 marked another milestone for VT Markets, with over a thousand participants from various corners of the world showcasing their trading prowess. This diverse participation underscored the truly global reach of VT Markets, as traders from different regions converged in a spirited competition.

This edition of the contest saw several millions of dollars being traded across the 3 months, demonstrating the scale and significance of the event within the trading community. While the focus remained on the thrill of competition and the pursuit of excellence, the contest also served as a platform for traders to engage, learn, and grow their skills.

Reflecting on the success of the contest, a spokesperson from VT Markets expressed gratitude towards the vibrant community of traders who contributed to its success. "The King of the Hill Trading Contest continues to surpass expectations, thanks to the passion and dedication of our participants," said the spokesperson. "We are thrilled to see traders from around the world come together to compete and showcase their abilities. This event truly embodies the spirit of innovation and excellence that makes VT Markets special."

One winner from Spain, wanting to be known as Lopez said, "Participating in the King of the Hill Trading Contest has been a transformative journey. It's not just about profits; it's about the camaraderie, the learning, and the sheer exhilaration of pushing one's personal growth targets. VT Markets has truly crafted a platform that inspires greatness."

As the competition concludes and the VT Markets team presents prizes to the winners of the King of the Hill Trading Contest, look ahead with excitement to future opportunities and initiatives. Traders are encouraged to stay tuned for upcoming campaigns and events that promise to deliver excitement and rewards.

For all the latest news and updates from VT Markets, please visit our official website and stay connected with us on social media. Thank you to all participants, supporters, and partners who made the King of the Hill Trading Contest a remarkable success.

VT Markets:

VT Markets is a regulated multi-asset broker with a presence in over 160 countries. To date, it has won numerous international accolades including Best Customer Service and Fastest Growing Broker.

In line with its mission to make trading accessible to all, VT Markets currently offers unfettered access to over 1,000 financial instruments and a seamless trading experience via its award-winning mobile app.

 For media enquiries and sponsorship opportunities, please email media@vtmarkets.com.

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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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