Forex Trading Tournaments & Competitions

WSOT offers free forex trading competitions which everyone on the planet can enjoy. The WSOT tournaments have no investment requirements, and playtraders earn cash rewards from playing free paper trading games on our unique trading platform!

What Is a Forex Trading Tournament

A forex trading tournament on WSOT is a free trading game where participants compete against one another by trading fx on the MT5 platform. The tournament winner with the highest performance % and the best fx trades climbs the leaderboard to claim his share of the announced prize pool:

Forex Trading Tournament Rules

  • Max allowed open positions at a time: 50
  • Minimum open positions at a time: 10
  • Maximum orders at a time: 50
  • Minimum holding time: 10s
  • Minimum distance between trades: 2s

If you need further clarification about the tournament rules, do not hesitate to write us at service@wsot.com, and we will be happy to clarify.

Main Event Qalifier

1st

Guaranteed 50% of total prize pool

2nd

Guaranteed 20% of total prize pool

3rd

Guaranteed 10% of total prize pool

All the rest

The prize pool distribution depends on the number of playtraders at the end of the tournament.

Types of Forex Trading Tournaments

On WSOT, different tournaments vary depending on their duration and trading instruments. Our fx trading tournaments are:

Money Never Sleeps

In this 2-week Classic tournament, playtraders can show their FX&Metals trading skills and compete for free in the trading arena for a slice of the $3,000 prize pool.

Join available tournaments
Money Never Sleeps
Temporary Ranking
Final Ranking

Forex Trading Instruments

The foreign exchange market (also know as simply forex or FX) is the market for exchanging foreign currencies. We offer a comprehensive list of currency pairs that you can trade in our tournaments, see available options.

View full list

How to Join WSOT Forex Trading Tournaments

1

Register your account for free

Register

2

Get Your Trading Account Credentials by Mail

Personal area

3

Choose the Tournament You Would Like to Join

Select a game

4

Remember its Starting Time & Join the Game

Practice

Forex Trading Tips & Advice

Earn free financial trading

eBook

How to earn from financial trading without investing any of your own capital

Free Download

The trading tournament winner's checklist

PDF Checklist

Trading tournament winner’s checklist

Free Download

Where to Learn Forex Trading

You can quickly learn some practical trading strategies and upgrade your trading knowledge with our free Video Academy - we offer a comprehensive Beginner’s, Expert, Advanced and Crypto course and some MT5 tutorials on our Learn portal

Take free video courses

How to Withdraw Your Winnings

Step 1:Accumulating a prize

The playtraders with the highest performance % win our trading tournament and earn a share of its announced prize pool. Once the game is over and only if they haven’t left the tournament before it finishes, they can see their accumulated prize in the Prizes won section of their Personal area (User profile).

Step 2:Submitting for verification

Remember that you will be able to receive your prize only after passing our verification process. You can submit your verification only after accumulating at least $10 in your Prizes won section.

Our verification ensures you have not duplicated (made more than one registration with different mail addresses on your device) user profiles to unfairly maximize your winning chances, as stated in our tournament rules. Rest assured our advanced security checks will detect any fraudulent activity associated with your device at the Verification stage.

When verifying your user profile, enter your phone number in the correct format (‘+’ sign, followed by your country code and no spacing between digits), enter a house or street number in your address, and refer to a credit or credit debit card number. This is a standard verification procedure - we do not use your info for any malicious practices, and we take your Internet safety very seriously.

Step 3:Prize withdrawl

Once you have successfully passed your verification, you will be able to request your prize withdrawal from the Prizes won section in your Personal area. Please note that withdrawal options are as follows:

  • Paysafe (Skrill) transfers are available for all sums. If using Skrill, just add your Skrill address in the Paysafe field.
  • Bank transfers for sums larger than $2,500.
  • Please note that processing of transfers through Paysafe (Skrill) takes up to 7 business days.

For any questions or need of assistance, please contact service@wsot.com