Well, I am participating in a contest where the max leverage is 1:30 or 1:15 and even in this enviroment some participants were able to make 500% in 2 weeks. Only difference is that no one can win with pure luck in one day. To make consistent profits for a month even with 1:200 leverage is not an easy task. Every moment you can destroy your account with single trade if you overleverage. Every FX competition is a game, there is an oportunity to play it and have fun. If you want to make money out of trading go and open a live account and you can trade by your own rules. You can even get much more in one month than in this competition for 1st place. Just count the probabilities of winning a competition and calculate how many can you make consistently on your own from your own money monthly and you will see that if you want to be profitable you should develop a working strategy and trade real money. If you try to be profitable in contest you missed the point of them. Only few can win others may have fun and gain experience. Is it worth of time if you do not have fun? NO!