FXCM Forex Contest November 2012

Although demo accounts attempt to replicate real-time market scenarios, they are based on simulated market conditions. As such, there are key differences that distinguish it from a live account; including but not limited to, the lack of dependence on real-time market liquidity. The operational capabilities when executing orders in a demo environment may result in atypically expedited transactions, lack of rejected orders, and/or the absence of slippage. Additionally, updates to demo account may not coincide with those of live accounts.

Please note that demo accounts are based on simulated conditions. Though MetaTrader 4 demo accounts attempt to replicate real-time market scenarios, there are key differences that distinguish it from a live account; including, but not limited to, the lack of dependence on real-time market liquidity. In addition, MetaTrader 4 demo accounts may not reflect execution criterion required by the regulatory authorities of forex in the United States and may impair results achieved in a live scenario. The functionalities and/or products available with MT4 may include, but are not limited to, the ability to Hedge, trade Contract for Differences (CFDs), and not limited to using just First In First Out (FIFO) trade allocation methodology.

Forex Capital Markets Limited. (“FXCM UK”) is an independent legal entity and is not affiliated with Myfxbook. FXCM UK does not endorse any product or service described on this website. FXCM UK has not reviewed or verified any performance results presented on this website that does not pertain to the FXCM UK MT4 Demo contest. Contests and prizes offered should not be considered as an incentive to trade. Only partake in the trading contests when you feel you ready to trade.

High Risk Investment Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.