Back to Blog 
Registration closes on November 11, 2020.
What you need to know about the trading contest of the year
This November, we’re bringing you the chance to show us what you’ve got and go head-to-head with other traders in our demo trading competition. The competition kicks off on November 15, 2020 and over the course of the following five days, you’ll be aiming to make as much (virtual) money as possible by trading your demo account.
The best part? There are three real cash prizes up for grabs!
1st place: $5,000
2nd place: $2,500
3rd place: $1,000
How does the trading competition work?
The trading competition will take place in a virtual environment using a Nadex demo account. All participants will start with $10,000 so it’s a level playing field. To win a prize, you need to place at least 25 trades over the course of the week, and be one of the top three most profitable traders in the contest. It’s as simple as that.
Nadex trading contest FAQs
Am I eligible to take part?
To take part, you’ll need to be at least 18 years old and a US resident (excluding Rhode Island).
How long will the competition last?
The competition will run for five days, kicking off on November 15, 2020. There will be introductions and full instructions provided beforehand, so look out for them and come into the competition fully prepared.
How much does it cost to enter?
Nothing at all! You’ll take part using a Nadex demo account using virtual dollars. All you need to do is sign up.
What’s in it for me?
The title of Trading Competition Champion! Sounds pretty good, doesn’t it? If that’s not enough, prizes are also up for grabs for the top three most profitable traders:
$5,000
$2,500
$1,000
I’m an existing member – can I take part?
Yes! If you have a demo account already, simply register with the email address associated with that. Your balance will be reset to $10,000 ahead of the competition kick-off. If you have a live account, but not a demo account, simply create a new Nadex demo.
I’m not a Nadex member yet – can I take part?
Absolutely! We’d love to welcome you to Nadex.
All you need to do to take part in the competition is register. Once you've registered, you'll be taken to a page where you can create your demo account. (Please just remember to use the same email address that you used to register for the competition.)
I'm not sure if I already have a demo account. What should I do?
Not to worry! You can still go ahead and register for the competition.
On the confirmation page, after you've registered, you'll see a link which will take you to a form to create a demo account. Start filling in the form - if you have an account already, you'll be told that your email address is already in use. You can then go to the login page and choose the 'forgotten your login details?' option.
How do I register? When does sign-up close?
Registration closes on November 11, 2020.
Is there anything else I need to know?
When you’ve entered your details, you’ll be sent everything you need to know ahead of the competition. *Full terms and conditions are available before you sign up.
How can I prepare for the competition?
Take a look through our education center and familiarize yourself with Nadex products and markets, and start putting your strategies in place so you’re competition ready.
We also have a number of special online sessions taking place ahead of and during the competition – full details below.
Prepare to compete: get ready for the Nadex trading competition
Get insider knowledge, tips, and trading know-how ahead of the big competition. Join one of our webinars hosted by Dan Cook, Director of Business Development at Nadex:
November 10 – Welcome to Nadex/Trading competition introduction
November 11 – Basics of binary options webinar
November 12 – Basics of knock-outs webinar
November 13 – Basics of call spreads webinar
Dan will also be hosting daily webinars for competition participants, and Todd Rich, Head of Education, will be running pre-market analysis sessions. You’ll be given exclusive access when you register.
Get involved for the chance to win big
Registration closes on November 11, 2020. Don’t miss out on your chance to become the Nadex trading competition champion.
*Terms and conditions apply.